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Fenbo Holdings Limited Ordinary Shares

FEBO

Fenbo Holdings Limited Ordinary Shares • NASDAQ
$0.71 ▼ -0.01% (-0.00)
Market Cap $7.91 M
52w High $2.31
52w Low $0.61
Dividend Yield 0%
P/E -3.97
Volume 6.18K
Outstanding Shares 11.06M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2023 $30.273M ▲ $6.391M ▲ $-849.544K ▼ -2.806% ▼ $-0.011 ▲ $109.081K ▲
Q3-2023 $30.258M ▼ $6.388M ▼ $-849.106K ▼ -2.806% ▼ $-0.084 ▼ $-500.271K ▼
Q2-2023 $58.543M ▲ $9.606M ▲ $236.898K ▲ 0.405% ▲ $0.021 ▲ $868.641K ▲
Q1-2023 $29.282M ▼ $4.515M ▼ $118.488K ▼ 0.405% ▼ $0.012 ▼ $558.461K ▼
Q4-2022 $58.09M $11.971M $9.349M 16.094% $0.858 $3.377M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $27.476M ▲ $96.412M ▼ $50.896M ▲ $45.516M ▼
Q2-2024 $25.9M ▼ $98.233M ▼ $38.882M ▼ $59.351M ▼
Q4-2023 $46.344M ▲ $102.983M ▲ $43.204M ▲ $466.788M ▲
Q3-2023 $46.321M ▲ $102.931M ▲ $43.182M ▼ $59.749M ▲
Q2-2023 $21.294M $81.294M $46.264M $35.03M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2023 $-849.544K ▼ $1.248M ▲ $-117.006K ▼ $11.462M ▲ $0 ▼ $1.131M ▲
Q3-2023 $-849.106K ▼ $1.247M ▼ $-116.947K ▼ $11.456M ▲ $12.516M ▲ $1.13M ▼
Q2-2023 $118.488K ▼ $3.616M ▼ $-24.998K ▲ $187.981K ▼ $3.722M ▼ $3.591M ▼
Q1-2023 $118.488K ▼ $3.616M ▲ $-24.999K ▲ $187.988K ▼ $3.722M ▲ $3.591M ▲
Q4-2022 $9.349M $-105.398M $-686.632K $31.733M $-71.074M $-106.085M

Five-Year Company Overview

Income Statement

Income Statement Fenbo’s sales have been fairly steady over the past few years, with only modest growth recently rather than a strong upward trend. Profitability is fragile: gross profit is thin, operating profit hovers around break-even, and the company has moved from small profits in the past to clear losses in the last two years. Recent losses appear tied to higher overhead and growth-related spending rather than a collapse in demand, but they still signal pressure on the core economics of the business. Overall, the income statement shows a company in transition, sacrificing short‑term earnings to try to reposition itself, but without yet demonstrating a consistently profitable model.

Balance Sheet

Balance Sheet The balance sheet is small and relatively light, which limits financial cushion. After the IPO, Fenbo briefly had a much stronger equity and cash position, but that strength has faded as losses and spending have eaten into both equity and cash balances. Debt is not huge in absolute terms but is meaningful relative to the company’s size, so leverage matters more here than it would for a larger, more diversified player. The current picture is of a business with limited room for error and a need to carefully manage both borrowings and overall financial health.

Cash Flow

Cash Flow For several years the business generated only modest positive cash from operations, and in the most recent year this flipped to a cash outflow, meaning the core operations are now consuming cash instead of providing it. Free cash flow mirrors this pattern, and with essentially no major investment in physical assets, the cash drain is coming mainly from running the business and funding growth efforts. This suggests Fenbo has been relying on the one‑time cash boost from its listing and other financing to cover the gap. Sustained negative operating cash flow would be a key risk if not reversed, given the already thin balance sheet.

Competitive Edge

Competitive Edge Fenbo’s main competitive strength is its long history as an OEM and ODM manufacturer, especially its long‑standing relationship with a major global brand like Remington. Its large‑scale, low‑cost manufacturing base and ability to meet strict quality standards give it credibility as a reliable supplier. However, dependence on a small number of large customers, limited brand recognition of its own, and intense competition in personal care electronics all weaken its bargaining power and pricing flexibility. The recent Nasdaq compliance issue around share price also hints at market concerns about scale, visibility, and growth durability.

Innovation and R&D

Innovation and R&D On the innovation side, Fenbo is trying to shift from being “just a manufacturer” to a more technology‑driven and brand‑oriented company. It has set up R&D centers in several countries and made a small but symbolic investment in an AI‑focused fund, signaling interest in using AI for product features and operational efficiency. The company also plans to build and promote its own branded products, which could improve margins and control over its destiny if executed well. That said, concrete results from these efforts—such as distinctive new products, patents, or clearly higher profitability—are still limited, so the innovation story is more about potential than proven payoff at this stage.

Summary

Fenbo today looks like a niche, contract‑driven electronics manufacturer that is trying to evolve into a more innovative, higher‑margin player. Financially, it has stable but modest revenue, recent losses, weakening cash and equity positions, and new pressure on cash flow, all of which leave little room for missteps. Competitively, its manufacturing expertise and deep customer relationships are real strengths, but they are partly offset by customer concentration, lack of its own strong brand, and the challenges of competing in a crowded global market. The long‑term upside depends on whether its AI initiatives, R&D investments, and own‑brand strategy can translate into differentiated products and healthier margins before financial constraints start to bite too hard, an outcome that remains uncertain based on currently available data.

NEWS

September 16, 2025 · 9:15 AM UTC

Fenbo Holdings Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

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