Powell Max
Produces financial communications and disclosure documents for Hong Kong issuers.
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Profile
Provides project-based financial communications for Hong Kong-listed companies and listing applicants, including disclosure documents, prospectuses, bilingual translation, printing and electronic submission. The business operates almost entirely in Hong Kong, coordinating its core workflow in house while outsourcing parts of translation, printing and logistics.
Produces financial-communications materials for Hong Kong-listed companies and listing applicants, spanning corporate reports, announcements, circulars, proxy forms, prospectuses, bilingual translation, typesetting, design, printing and regulatory submission. JAN Financial Press handles the core workflow, while Miracle Media adds printing, translation, production and maintenance services.
Coordinates projects in house from quotation through quality checks and electronic filing, while using outside providers for translation, physical printing and logistics. Revenue is generally earned project by project when deliverables are accepted or submitted, with maintenance and web-hosting services recognized over their service periods.
Operates almost entirely in Hong Kong, where demand depends on capital-markets activity and issuers' disclosure obligations. Most customers lack long-term agreements, and outsourced suppliers support deadline-sensitive filing work.
Company facts
Key statistics
Year to date −94.5% · Average volume (30d) 74.3K
Analysts
No analyst consensus on record.
Earnings
Not reported.
Financial highlights
| 6 quarters | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $3.2M | $3.0M | $2.9M | $1.7M | $3.1M | $3.0M | |
| Gross profit | $1.1M | $1.3M | $975.6K | $289.6K | $1.2M | $1.4M | |
| Operating income | $505.3K | $460.0K | $120.8K | −$2.3M | −$2.9M | $1.0M | |
| Net income | $467.4K | $434.6K | $99.5K | −$2.4M | −$2.6M | −$398.4K | |
| Diluted EPS | $2.58 | $2.99 | $0.69 | −$16.32 | −$13.77 | −$15.04 | |
| Gross margin | 34.7% | 42.4% | 33.7% | 16.6% | 38.4% | 45.7% | |
| Operating margin | 15.7% | 15.1% | 4.2% | -134.5% | -94.0% | 33.8% |
Balance sheet, Dec 31, 2025Cash & short-term investments $874.8K · Total debt $616.5K · Total assets $5.4M · Shareholders' equity $3.2M
Dividends
No dividends on record.
Ownership
Shares outstanding 158.6K · Float 38.0K · 24.0% free float
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Donnelley Financial Solutions
Scaled Hong Kong IPO, disclosure and digital-workflow rival.
- Rich Sparkle
Hong Kong financial-printing rival for IPOs and issuer filings.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Powell Max | $1.07 | −1.83% | $168.1K | — | — | 0.0 | — |
| Donnelley Financial Solutions | $48.32 | −0.04% | $1.19B | 33.3 | 9.1 | 1.5 | +2.8% |
| Rich Sparkle | $3.98 | −3.86% | $60.1M | 374.2 | — | 9.6 | — |
| Median | 203.8 | 9.1 | 5.6 | +2.8% |





