Welcome to our dedicated page for DELIXY HLDGS news (Ticker: DLXY), a resource for investors and traders seeking the latest updates and insights on DELIXY HLDGS stock.
Delixy Holdings Limited (NASDAQ: DLXY) is a Singapore-based company engaged in the trading of oil-related products, with a core focus on crude oil and a diversified mix of oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha (heavy gasoline). Operating across multiple countries in Southeast Asia, East Asia and the Middle East, Delixy reports that it has built a strong presence in regional oil trading markets.
The DLXY news stream typically features company announcements related to its oil trading activities and capital markets developments. Recent communications have included unaudited financial results for the first six months of fiscal year 2025, where Delixy discussed revenue trends, gross profit, net income and cash flow dynamics in the context of changes in international oil prices and demand. These updates provide insight into how oil market conditions and logistics costs affect the company’s trading margins and overall performance.
News for Delixy also covers key milestones such as its initial public offering on the Nasdaq Capital Market, details of the offering structure, and the intended use of proceeds, including expanding product offerings, strengthening market position, potential strategic acquisitions and business cooperations, and general working capital and corporate purposes. Investors following DLXY can use this news flow to monitor how the company executes on these stated priorities.
By reviewing Delixy’s press releases and related coverage, readers can track developments in its crude oil and oil-based product trading business, updates on financial results, and disclosures about its operations across Southeast Asia, East Asia and the Middle East. This news page offers a focused view of the company’s official communications and market-facing announcements over time.
Delixy Holdings (Nasdaq: DLXY) reported unaudited results for the six months ended June 30, 2025. Revenue was $102.0 million versus $143.8 million a year earlier. Gross profit declined to $1.1 million from $1.8 million, while net income rose to $0.6 million from $0.5 million and basic and diluted EPS increased to $0.04 from $0.03. General and administrative expenses fell to $0.7 million from $1.6 million, improving operating profit to $0.4 million from $0.2 million.
As of June 30, 2025, cash and cash equivalents were $1.8 million versus $5.6 million a year earlier. Net cash used: operating activities $0.6 million, investing $0.5 million, financing $2.7 million. The company completed its IPO and began Nasdaq trading on July 9, 2025.
Delixy Holdings Limited (Nasdaq: DLXY), a Singapore-based oil products trading company, has successfully completed its Initial Public Offering (IPO). The company offered 2,000,000 ordinary shares at $4.00 per share, raising total gross proceeds of $8 million.
The offering consisted of 1,350,000 shares from the company and 650,000 shares from selling shareholders. Delixy received $5.4 million in gross proceeds before expenses. Trading began on the Nasdaq Capital Market on July 9, 2025. The company plans to use the proceeds for expanding product offerings, strengthening market position, potential strategic acquisitions, and general working capital.
Delixy Holdings Limited (NASDAQ:DLXY), a Singapore-based oil products trading company, has announced the pricing of its initial public offering at $4.00 per share. The IPO consists of 2,000,000 ordinary shares, with 1,350,000 shares offered by the company and 650,000 by selling shareholders.
The company expects to raise gross proceeds of $5.4 million from the offering, which will be used for expanding product offerings, strengthening market position, potential strategic acquisitions, and general working capital. Trading is set to commence on July 9, 2025, on the Nasdaq Capital Market under the symbol "DLXY". The offering is expected to close around July 10, 2025, with Bancroft Capital, LLC serving as the sole lead underwriter.
FAQ
What is the current stock price of DELIXY HLDGS (DLXY)?
What is the market cap of DELIXY HLDGS (DLXY)?
