EPSM · NASDAQ · Beverages - Wineries & Distilleries

Epsium Enterprise

Macau wholesaler of premium baijiu, wine and spirits.

$1.43
After-hours close−0.07 (−4.66%)
At close$1.50(0.00%)
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Epsium Enterprise Limited Ordinary SharesEPSMConsumer Staples

Imports and wholesales premium baijiu, cognac, Scotch whisky, wine and other beverages to Macau businesses, earning a spread on procurement and B2B wholesale or consignment sales. Operations are concentrated in Macau and conducted through a holding-company structure.

Imports and wholesales premium baijiu, cognac, Scotch whisky, wine, Champagne and other beverages to business customers across Macau. The operating business, Luz, purchases inventory and earns the spread between procurement and wholesale or consignment sales rather than manufacturing the brands it distributes.

Serves supermarkets, restaurants, hotels, casinos and other retailers through a locally concentrated network. Chinese liquor is the largest product category, alongside labels such as Moutai, Rémy Martin and Macallan; tea and fruit juice are complementary offerings.

Depends on Macau tourism and gaming activity, premium-brand demand, and relationships with hotel-casino customers and suppliers. Public shareholders own a BVI holding company whose operating business sits in majority-owned Hong Kong and Macau subsidiaries.

Company facts

CEOSon I Tam
ListedMar 26, 2025
ExchangeNASDAQ
HeadquartersMacau, SAR China
CountryChina
Employees17
CIK0001883437
ISINVGG3090S1065

Key statistics

Market cap$20.0M
EPS (ttm)−$0.1114
P/E (ttm)−13.37
ROE-12.6%
P/B1.74
P/S3.91
Dividend yield
Beta0.63vs XLP −0.94

Year to date −26.5% · Average volume (30d) 15.4K

Analysts

No analyst consensus on record.

Earnings

Not reported.

Financial highlights

2 quartersQ2 FY25Q4 FY25
Revenue$3.0M$2.1M
Gross profit$495.3K$258.5K
Operating income−$691.7K−$804.3K
Net income−$700.4K−$797.2K
Diluted EPS−$0.05−$0.06
Gross margin16.3%12.5%
Operating margin-22.7%-38.8%

Balance sheet, Dec 31, 2025Cash & short-term investments $2.0M · Total debt $196.0K · Total assets $13.3M · Shareholders' equity $11.5M

Dividends

No dividends on record.

Ownership

Institutions 0.14%19.2K sharesInsiders 80.27%10.77M sharesOther 19.59%2.63M shares

Shares outstanding 13.42M · Float 2.66M · 19.8% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Son I. Tam · director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER10.77M80.27%Form 4Jul 27, 2026
XTX Topco Ltd16.9K0.13%13FMay 15, 2026
Tower Research Capital LLC (TRC)1.3K0.01%13FMay 15, 2026
UBS Group AG6360.00%13FMay 5, 2026
Morgan Stanley2510.00%13FMay 15, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • Diageo (ADR)

    Premium Scotch and luxury drinks in Macau hospitality and retail.

  • Moelis & Company

    Luxury cognac, Champagne and whisky in Macau hospitality and retail.

CompareAfter-hours close

CompanyPriceChange
Epsium Enterprise$1.43−4.66%$20.0M3.9
Diageo (ADR)$92.99+0.05%$51.69B29.52.6−2.6%
Moelis & Company$68.40+0.02%$5.07B23.819.53.2+12.1%
Median26.719.52.9+4.7%