Welcome to our dedicated page for Kandal M Venture news (Ticker: FMFC), a resource for investors and traders seeking the latest updates and insights on Kandal M Venture stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kandal M Venture's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kandal M Venture's position in the market.
Kandal M Venture Limited (Nasdaq: FMFC), a Cambodian contract manufacturer of luxury leather goods, reported financial results for FY ended March 31, 2025. Revenue increased 23% to $17.19 million from $13.97 million in FY2024, driven by post-pandemic market recovery and increased sales volumes.
The company recently completed its IPO on June 26, 2025, raising $9.2 million through the sale of 2.3 million Class A ordinary shares at $4.00 per share, including full exercise of the over-allotment option. However, net income declined 81.3% to $209,673, primarily due to increased costs and one-off IPO expenses. Gross profit margin decreased to 19.5% from 24.1% due to product mix changes and higher production costs.
Kandal M Venture Limited (NASDAQ: FMFC), a contract manufacturer of luxury leather goods in Cambodia, announced the full exercise of the underwriters' over-allotment option for its IPO. The underwriters purchased an additional 300,000 Class A ordinary shares at $4.00 per share, generating extra gross proceeds of $1.2 million.
The total IPO size has now increased to 2,300,000 Class A ordinary shares with gross proceeds of $9.2 million. The company's shares began trading on the Nasdaq Capital Market on June 25, 2025. Proceeds will fund geographical expansion into European markets, enhance production capacity, establish a new design center, and provide working capital.
Kandal M Venture Limited (Nasdaq: FMFC), a contract manufacturer of luxury leather goods in Cambodia, has successfully completed its Initial Public Offering (IPO) of 2,000,000 Class A ordinary shares at $4.00 per share, raising gross proceeds of $8.0 million.
Trading began on the Nasdaq Capital Market on June 25, 2025, under the symbol "FMFC". The company plans to use the proceeds for expanding into European markets, enhancing production capacity, establishing a new design center, and working capital. The underwriters have a 45-day option to purchase an additional 300,000 shares at the offering price.
Kandal M Venture Limited (Nasdaq: FMFC), a contract manufacturer of luxury leather goods in Cambodia, has announced the pricing of its Initial Public Offering of 2,000,000 Class A ordinary shares at $4.00 per share. Trading is set to begin on June 25, 2025 on the Nasdaq Capital Market.
The company has granted underwriters a 45-day option to purchase up to 300,000 additional shares. The offering is expected to close on June 26, 2025. Proceeds will fund geographical expansion into European markets, enhance production capacity, establish a new design center, and provide working capital.
FAQ
What is the current stock price of Kandal M Venture (FMFC)?
What is the market cap of Kandal M Venture (FMFC)?
