BTOC (Armlogi) reported continued revenue growth, with Q3 revenue reaching $45.8 million (up 19.3% YoY) and nine-month revenue at $139.5 million (up 14.6% YoY), reflecting sustained demand for its logistics solutions.
Despite top-line growth, the company faced significant operational investments and market-related cost pressures, resulting in a Q3 net loss of $3.76 million ($0.09 per share) and a nine-month net loss of $10.06 million ($0.24 per share).
A major positive development is the recent success in U.S.-China trade talks, leading to substantial tariff reductions, which management expects will alleviate cost pressures and create a more favorable operating environment.
The company is actively working to optimize its warehouse footprint, enhance operational efficiency, and leverage technology to improve profitability and support sustainable growth.
Management remains cautiously optimistic, focusing on strategic investments, cost management, and expanding service capabilities to strengthen market position and capitalize on new opportunities arising from improved international trade conditions.