Powell Max FY25 net loss widens 30% to HK$23.5 million

• Powell Max posted fiscal 2025 net loss of HK$23.5 million, widening from HK$18.1 million.
• Revenue climbed 30.7% to HK$47.65 million.
• Operating loss deepened to HK$22.8 million, partly due to HK$11.77 million goodwill impairment tied to Miracle Media acquisition.
• Cash and bank balances fell to HK$6.86 million from HK$42.22 million.
• Management said existing cash, anticipated operating cash flows, and financing resources should cover working capital needs for at least the next 12 months.

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