Vantage Corp (Singapore) amended and restated its annual report for the year ended March 31, 2026. The amendment updates transaction-volume disclosures, adds management’s annual report on internal control over financial reporting, revises Note 2 accounting policies and restates the report in its entirety.
For fiscal 2026, Vantage reported a net loss of US$1,316,670, compared with net income of US$3,842,885 in fiscal 2025; Adjusted EBITDA was a loss of US$129,152 versus income of US$4,928,040. Operating activities used US$4,446,503 of cash, compared with US$1,895,161 provided in fiscal 2025. Cash was US$8,861,768 as of March 31, 2026. Working capital was US$5,058,244 as of that date, compared with US$890,834 as of March 31, 2025.
Fiscal 2026 acquisitions of three marine businesses resulted in US$2,900,729 of goodwill and US$1,253,127 of intangible assets. Management believes existing cash, anticipated operating cash flows and IPO proceeds will be sufficient for liquidity needs for at least the next 12 months. The company said it may continue to incur losses and that realizing acquisition benefits depends on successful integration.
Vantage Corp (VNTG) reported that its subsidiary Hadō Pte. Ltd. has successfully commercialized OpsWiz, a proprietary cloud-based operational control and automation platform for the maritime tanker and shipbroking sectors, and has secured Felcor Petroleum Pte. Ltd. as the platform’s first external customer.
Felcor Petroleum will initially use OpsWiz for demurrage management, with planned expansion into trade capture, automated cargo pricing, and inventory integration to consolidate workflows, improve data visibility, and reduce manual handling. Vantage highlights OpsWiz as an important part of its strategy to diversify beyond traditional shipbroking earnings, including ongoing development of a pre-fixing tool for the petrochemical market.
Vantage Corp, a Cayman Islands company with shipbroking operations centered in Singapore, the UAE, Hong Kong and the PRC, describes its position for the year ended March 31, 2026. It had 30,983,121 ordinary shares outstanding and completed a US$1 million Class A share repurchase program.
The group expanded by acquiring PJ Marine entities in Singapore, Shanghai and Hong Kong to build a tri‑hub Asian network, estimating about US$3.5 million of annual revenue at a 22.3% net margin based on fiscal 2024 results, while cautioning that integration challenges, potential goodwill impairment and retention of key brokers could limit expected benefits.
Key risks include possible continued losses, dependence on transaction‑based tanker and petrochemical brokerage, customer credit risk, concentration of key vendors, cybersecurity and data‑protection obligations, and heightened regulatory and geopolitical exposure in China and Hong Kong, including HFCAA audit and data‑security regimes. The company also highlights foreign‑exchange volatility, energy‑transition impacts on fossil‑fuel cargoes, potential extreme volatility in its Class A share price, NYSE American suspension or delisting risk as shares trade below US$1 with low market capitalization, and control by five major shareholders holding 66.40% of shares and 95.19% of voting power.
Vantage Corp, a Singapore-based tanker shipbroking firm, reported full-year results for the fiscal year ended March 31, 2026. Revenue was $17.8 million, compared with $18.7 million, with gross profit of $7.4 million and gross margin of 41.5%. Higher selling, general and administrative costs, including expenses from recent acquisitions and public-company requirements, lifted operating expenses to $8.2 million from $4.2 million, and the company reported a loss from operations of $(834,119).
The company recorded a net loss of $1.3 million, versus prior-year net income of $3.8 million, and Adjusted EBITDA of $(129,000), compared with $4.9 million. Cash and cash equivalents were $8.9 million, and the forward order book stood at $1.1 million, versus $1.4 million a year earlier.
During the year Vantage completed a $1 million share repurchase, acquired majority stakes in PJ Marine entities in Shanghai, Singapore and Hong Kong, and transferred its IT business into new subsidiary Hado Pte. Ltd. Management highlighted resilient fixing volumes despite softer freight markets and disruptions around the Strait of Hormuz, and plans to prioritize term contracts, regional expansion and selective M&A while working to monetize its Opswiz IT platform.
Vantage Corp plans a conference call and webcast on Tuesday, July 28, 2026, at 8:00 a.m. Eastern time to discuss its financial and operational results for the full fiscal year ended March 31, 2026. Financial results will be released in a press release before the call, which will be hosted by CEO Andre D’Rozario.
The call will be accessible via audio webcast on the company’s investor relations website, with a replay available afterward. Vantage Corp is a shipbroking firm focused on tanker markets for clean and dirty petroleum products, biofuels and vegetable oils, operating a network of regional subsidiaries and listed on the NYSE American since 12 June 2025.
Vantage Corp completed its previously authorized $1.0 million share repurchase program, signaling confidence in the company’s long-term prospects. Management said the program’s completion reflects a view that the shares may be undervalued relative to the strength of the business.
As of June 30, 2026, Vantage had repurchased 1,076,610 Class A ordinary shares at an aggregate net cost of US$997,897.72, including commissions and other transaction costs. The open-market repurchases were carried out through the company’s broker between November 6, 2025 and June 30, 2026.
Vantage Corp, a Singapore-based shipbroking company listed on the NYSE American, has completed the acquisition of a 60% interest in PJ Marine Shanghai Co., Ltd. through its wholly owned subsidiary, Vantage (BVI) Corporation. PJ Marine Shanghai, based in China, will work alongside PJ Marine Singapore and Peijun Marine to strengthen Vantage’s petrochemical and sale-and-purchase (S&P) segments. Management highlights this as a key step to expand Vantage’s on-the-ground presence in China, improve operational efficiency across its regional subsidiaries, and build a more diversified pipeline of deals over the long term.
Vantage Corp, a Singapore-based shipbroking company listed on the NYSE American, is participating in the 38th Annual ROTH Conference in Dana Point, California. The company will hold one-on-one meetings with institutional investors from March 22-24, 2026, led by Chairman and CEO Andre D’Rozario.
Vantage provides brokerage, consultancy, and operational support services in tanker markets, covering clean and dirty petroleum products, petrochemicals, biofuels, and vegetable oils through a network of regional subsidiaries. The company also reiterates standard forward-looking statement cautions, pointing investors to its Form 20-F risk factors and other SEC filings for additional information.
Vantage Corp filed a 6-K describing an internal reorganization of its IT business into a new Singapore subsidiary, Hadō Pte Ltd, which is wholly owned by its BVI subsidiary, Vantage (BVI) Corporation. Hadō now holds the IT assets, proprietary software, including the cloud-based operational control platform Opswiz, related in-development software, and dedicated IT staff.
The company explains that housing the IT business in Hadō is intended to give it more autonomy, help attract specialized talent, pursue strategic partnerships and external capital independently, and create a clearer profit-and-loss structure for greater transparency. Management also highlights goals of faster innovation while protecting the core shipbroking operations, maintaining strong cybersecurity and data governance, and keeping open the option of a future spin-off or sale of the IT business.
Vantage Corp filed a 6-K to report that its wholly owned subsidiary, Vantage (BVI) Corporation, has completed the acquisition of 60% of the issued share capital of Peijun Marine Consultant Co., Limited, a Hong Kong–based marine consultancy. Management describes this as a key step to strengthen Vantage’s presence in Greater China and to enhance its petrochemicals and sales & purchase shipbroking practices.
The company plans to use Peijun Marine alongside PJ Marine Singapore and an expected 60% stake in PJ Marine Shanghai to build a tri-hub operational model in Asia, aiming to better serve global clients across major tanker trade routes.