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BUUU

BUUU Group Limited Class A Ordinary Share

BUUU

BUUU Group Limited Class A Ordinary Share NASDAQ
$7.05 -12.09% (-0.97)

Market Cap $82.31 M
52w High $9.50
52w Low $3.67
Dividend Yield 0%
P/E 100.71
Volume 3.71K
Outstanding Shares 11.68M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2024 $392.686K $2.343M $1.926M $384.662K
Q4-2023 $448.888K $2.588M $1.246M $1.269M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow

Five-Year Company Overview

Income Statement

Income Statement BUUU looks like a very small, early‑stage business from a financial reporting standpoint. The historical data show only a tiny level of recorded revenue and essentially no visible operating profits, which suggests the company is either just ramping up or has reported only a narrow slice of its activity so far. The reported earnings per share look better than the underlying business performance would normally imply, which can happen around SPAC structures and listing events rather than from strong, mature operations. Overall, the income statement points to a company still in the “story and growth plan” phase rather than one with a long, proven profit track record.


Balance Sheet

Balance Sheet The balance sheet information available is very sparse and does not yet paint a clear picture of the company’s long‑term financial strength. The historical figures show no meaningful assets, debt, or equity, which is consistent with an entity that has only recently gone public through a SPAC and is still in transition from a small operating base into a listed structure. The real test will come in post‑IPO filings, when investors can see how much of the listing proceeds sit as cash, how much is invested back into the business, and whether the company keeps its balance sheet light and flexible or starts taking on meaningful obligations.


Cash Flow

Cash Flow Cash flow appears to be under pressure, which is typical for a services company trying to scale and invest ahead of growth. The commentary around “declining cash flow” suggests that more money has been going out than coming in, and that operations have not yet been self‑funding. This means BUUU is likely to rely on the IPO proceeds and potentially future financing to support expansion, technology development, and geographic growth. Watching how quickly the business can move from cash use to cash generation will be crucial for judging its financial resilience.


Competitive Edge

Competitive Edge BUUU operates in the events and exhibitions space, which in Hong Kong is crowded and relatively easy to enter. The company’s main edge today seems to come from its experienced team, its relationships with local clients and contractors, and its ability to deliver end‑to‑end event solutions through its two subsidiaries. However, the market is highly competitive, and the firm is heavily dependent on a small number of large customers, which raises the risk that losing even one key contract could hurt results. On the positive side, the integrated service model and existing brand relationships provide a base to build on if the company can strengthen its brand and move beyond its local core market.


Innovation and R&D

Innovation and R&D Most of BUUU’s innovation story is still in the “plans” category rather than in clearly demonstrated technology. Management intends to invest in virtual and hybrid event tools and in AI‑driven personalization, but public information does not yet highlight distinctive, proprietary systems in active use. At present, the company’s know‑how appears to be more about design, execution, and project management than about owning breakthrough software or platforms. The big opportunity is to turn IPO funds into real, visible technology capabilities that improve client experiences and create a defensible edge; the risk is that innovation stays generic and competitors can easily match it.


Summary

BUUU is an early‑stage, Hong Kong‑based events and exhibitions provider that has just come to the public markets via a SPAC, with limited financial history and a small operating base. The core business is service‑driven, relying on creative expertise, execution skills, and local relationships rather than on heavy assets or clear proprietary technology. The company faces a tough competitive environment, high dependence on a few customers, and pressure on cash flows, all of which add uncertainty to its growth path. On the other hand, there is a clear strategic narrative: use new capital to upgrade technology, broaden services into virtual and hybrid formats, strengthen the brand, and expand beyond Hong Kong into larger international markets. The future profile of BUUU will depend heavily on how well it executes these plans and how quickly it can convert its growth ambitions into stable revenue, healthier cash flows, and a more durable competitive position.