Welcome to our dedicated page for Armlogi Holding news (Ticker: BTOC), a resource for investors and traders seeking the latest updates and insights on Armlogi Holding stock.
Armlogi Holding Corp (BTOC) provides essential logistics solutions for cross-border e-commerce through advanced warehouse management and AI-driven supply chain optimization. This news hub offers investors and business partners timely updates on the company’s operational developments, strategic initiatives, and market positioning.
Access official press releases covering earnings announcements, facility expansions, technology implementations, and partnership agreements. Stay informed about key logistics innovations including AI-enhanced inventory systems, customs clearance processes, and fulfillment network enhancements designed for international merchants.
Discover updates on Armlogi’s specialized services for bulky item handling, transportation coordination, and warehouse automation. This centralized resource enables stakeholders to track the company’s progress in addressing cross-border commerce challenges through measurable operational improvements.
Bookmark this page for verified updates about supply chain management advancements and strategic positioning within the competitive U.S. logistics sector. Regular visitors gain insights into how Armlogi continues to refine its technology-driven approach to global e-commerce support.
Armlogi Holding Corp has issued a notice to disregard their previous press release dated June 5, 2024, titled 'Armlogi Becomes an official Authorized Warehouser for Temu Sellers.' The company explicitly requests that journalists and readers should not consider the previously distributed news release through GlobeNewswire.
Armlogi Holding Corp. (Nasdaq: BTOC) has announced a strategic partnership with Roadie, a UPS Company, to enhance its last-mile delivery capabilities. Through this integration, Armlogi's warehouses will leverage Roadie's network of over 200,000 independent drivers, covering 97% of the U.S.
The collaboration aims to provide faster and more flexible fulfillment solutions to Armlogi's clients across various industries. Roadie's asset-light logistics platform offers dynamic delivery options, enabling Armlogi to enhance its customer service and operational flexibility. According to CEO Aidy Chou, this partnership aligns with the company's commitment to improving operational efficiency while expanding delivery options for clients.
Armlogi Holding Corp. (NASDAQ: BTOC) reported its fiscal Q2 2025 results, showing mixed performance. Revenue increased 21.8% to $51.1 million in Q2, with transportation services up 20.8% to $36.1 million and warehousing services up 25.7% to $15.0 million. However, costs of sales surged 47.6% to $50.7 million due to higher UPS shipping charges and increased operational expenses.
The company expanded from 9 to 10 warehouses, increasing total space from 2 million to over 3.5 million square feet. Despite growth in revenue, gross profit margin declined significantly from 18.3% to 0.9% in Q2, resulting in a net loss of $1.7 million compared to a $3.7 million profit in the same period last year. The company's cash position decreased to $7.4 million as of December 31, 2024, from $10.0 million in June 2024.
Armlogi Holding Corp. (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider, has scheduled the release of its fiscal 2025 second quarter and first half financial results for Thursday, February 13, 2025, after market close. The company will host an earnings conference call on Friday, February 14, at 8:00 A.M. Pacific Time (11:00 A.M. Eastern Time).
Investors can participate in the conference call by dialing 1-800-445-7795 (U.S.) or 1-785-424-1699 (international) using the conference ID: ARMLOGI. Additionally, a live audio webcast will be available online. Investors may submit questions in advance via email by Wednesday, February 12.
Armlogi Holding Corp. (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider, has announced the integration of Amazon Shipping into its shipping solutions suite. Since its launch last week, the service has enabled Armlogi to process thousands of parcels daily, offering customers more efficient and cost-effective delivery options.
The integration aims to enhance the company's shipping capabilities and operational efficiency while providing customers with low-cost, reliable shipping alternatives. CEO Aidy Chou emphasized that this addition is a important part of Armlogi's strategy to adopt innovations that improve service quality. The company expects this new shipping channel to boost customer satisfaction through more flexible delivery options and support its continued growth in the logistics sector.
Armlogi Holding Corp. (NASDAQ: BTOC) announced a leadership transition, appointing Sheng-Kai (Scott) Hsu as Chief Financial Officer effective January 13, 2025. Hsu succeeds Zhiliang (Ian) Zhou, who will remain with the company in an advisory role.
Hsu, who joined Armlogi as accounting lead in July 2024, brings financial management expertise from his previous roles at PARPRO Technologies, Absen Inc., and BENQ Latin America Corp. He is a CPA and CMA with a Master's in Finance from Johns Hopkins University.
Zhou, who served as CFO since August 2023, led Armlogi through its IPO in 2024 and secured significant financings, including $21 million in convertible promissory notes and a $50 million standby equity purchase agreement.
Armlogi Holding Corp. (Nasdaq: BTOC) announced the sublease of a 500,000-square-foot e-commerce facility in Edwardsville, Illinois, part of the St. Louis Metro Area. The facility, located in Gateway Commerce Center, features 39-foot clear heights, 100% climate control capability, and extensive infrastructure including 79 dock positions and two drive-in doors.
The strategic location provides immediate access to major interstates and is situated within 16 miles of UPS and FedEx Ground hubs, and 9-24 miles from major railway intermodal facilities. The facility includes modern logistics capabilities such as ESFR fire suppression, LED lighting, and 40 charging stations. The location enables access to 70% of the U.S. population within a two-day drive and benefits from a strong local labor market specialized in transportation and warehouse operations.
Armlogi Holding Corp (Nasdaq: BTOC) has closed on a $5 million second tranche of a Pre-Paid Advance under its Standby Equity Purchase Agreement (SEPA) with YA II PN, , managed by Yorkville Advisors Global. This follows a previous $5 million tranche, as part of a total $21 million Pre-Paid Advance to be received in three tranches. The SEPA, announced on November 25, 2024, allows Armlogi to require YA to purchase up to $50 million of common stock until December 1, 2026, subject to certain conditions. The funding will support the company's growth initiatives in warehousing and logistics services.
Armlogi Holding Corp (Nasdaq: BTOC) has secured significant financing through two arrangements: a Standby Equity Purchase Agreement (SEPA) worth up to $50 million with YA II PN, , and convertible promissory notes totaling $21 million. The SEPA allows the company to sell common stock to YA over a two-year period, with an initial pre-paid advance of $5 million already received. The funding will be used for working capital, general corporate purposes, and repayment of pre-paid advances. The agreement includes provisions for YA to purchase shares through advance notices, subject to certain conditions including SEC registration of the common stock.
Armlogi reported Q1 FY2024 financial results with total revenue increasing 3.0% to $42.5 million. The transportation services segment decreased 4.2% to $28.5 million, while warehousing services grew 23.8% to $14.0 million. However, costs of sales increased 28.0% to $46.1 million, leading to a negative gross margin of -8.5%. The company reported a net loss of $4.6 million compared to a net income of $2.8 million in the prior year. Key operational highlights include becoming a Temu authorized warehouse provider, partnering with Massimo Group, leasing a new 60,000 sq. ft. warehouse, expanding trucking operations, and implementing sustainable practices through the LCFS program.