BTOC

WALNUT, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today reported its financial results for the third quarter and first nine months of fiscal year 2026, ended March 31, 2026. For the first nine months of fiscal year 2026, total revenue increased 2.3% year-over-year to $142.7 million, driven by 19.9% growth in warehousing services revenue, which reached $55.5 million. Transportation services revenue declined 6.4% to $87.1 million, reflecting a continued shift in customer mix toward cross-border e-commerce platforms that bundle delivery services. The Company recorded a net loss of $15.4 million, or $(0.35) per basic and diluted share, for the nine-month period, compared with a net loss of $10.1 million, or $(0.24) per share, in the prior-year period. As of March 31, 2026, the Company operated twelve warehouses across the United States with an aggregate gross floor area of approximately 3.9 million square feet. Third Quarter Fiscal Year 2026 Financial Highlights (Three Months Ended March 31, 2026) Total revenue of $41.7 million, compared to $45.8 million in the prior-year quarter, representing a decrease of 9.1%. Warehousing services revenue of $18.6 million, representing an increase of 7.3% year-over-year. Transportation services revenue of $23.1 million, representing a decrease of 19.1% year-over-year, reflecting customer mix shift toward cross-border e-commerce platforms with bundled delivery services. Gross loss of $1.9 million (gross margin of -4.5%), compared to gross profit of $0.3 million (gross margin of 0.6%) in the prior-year quarter, primarily reflecting temporary labor costs associated with significant inventory reorganization across the Company’s California warehouses during the quarter. General and administrative expenses of $3.3 million, representing a decrease of 25.7% year-over-year. Net loss of $5.1 million, or $(0.11) per basic and diluted share, compared to a net loss of $3.8 million, or $(0.09) per share, in the prior-year quarter. Cash and restricted cash of $7.1 million as of March 31, 2026, compared to $13.6 million as of June 30, 2025. First Nine Months Fiscal Year 2026 Financial Highlights (Nine Months Ended March 31, 2026) Total revenue of $142.7 million, representing an increase of 2.3% year-over-year. Warehousing services revenue of $55.5 million, representing an increase of 19.9% year-over-year, driven by expanded operations at the Company’s Georgia, Illinois, and Ontario, California facilities. Transportation services revenue of $87.1 million, representing a decrease of 6.4% year-over-year. Gross loss of $5.1 million (gross margin of -3.6%), compared to gross loss of $2.8 million (gross margin of -2.0%) in the prior-year period. General and administrative expenses of $10.9 million, essentially flat compared to $10.8 million in the prior-year period. Net loss of $15.4 million, or $(0.35) per basic and diluted share, compared to a net loss of $10.1 million, or $(0.24) per share, in the prior-year period. Customer geographic diversification: PRC-based customers accounted for approximately 76% of total revenue for the nine months ended March 31, 2026, compared to approximately 87% in the prior-year period, reflecting continued broadening of the Company’s customer base. Operational Discussion During the first nine months of fiscal year 2026, Armlogi continued to advance its operational footprint and service mix. Warehousing services revenue grew 19.9% year-over-year, driven primarily by the ramp-up of warehouse operations at the Company’s facilities in Georgia, Illinois, and Ontario, California — locations that were added or substantially expanded during the prior fiscal year and continued to gain utilization during the current period. The Ontario, California facility became the second-highest revenue-generating warehouse in California during the period. The decline in transportation services revenue reflects a structural shift in the cross-border e-commerce market. A growing proportion of the Company’s traditional customer base has been transferring outbound order fulfillment to selling platform-operated fulfillment programs, while emerging customer segments served through certain cross-border e-commerce platforms typically utilize delivery services bundled by those platforms. As a result, the Company’s transportation service volumes from these segments have declined, even as warehousing service utilization from these same segments has increased — and at higher per-order warehousing service rates than the Company’s traditional customer profile. Gross margin pressure during the third quarter primarily reflected a significant inventory reorganization undertaken across the Company’s California warehouses, which generated a temporary increase of approximately $1.3 million in temporary labor expenses without a corresponding increase in revenue during the period. These dynamics are taking place alongside the Company’s previously disclosed strategic initiatives, including the continued buildout of its internal middle-mile transportation network in Southern California and its ongoing investments in internal financial reporting and management infrastructure. The Company believes these initiatives are intended to support stronger operational discipline, enhanced management visibility, and improved unit economics over time. Liquidity As of March 31, 2026, the Company had cash and cash equivalents and restricted cash of $7.1 million, compared to $13.6 million as of June 30, 2025. Net cash used in operating activities for the nine months ended March 31, 2026 was $5.5 million, broadly consistent with the prior-year period. Management Commentary Aidy Chou, Chairman and Chief Executive Officer of Armlogi, commented, “The third quarter and first nine months of fiscal 2026 reflect a period of significant transition for Armlogi. Our warehousing services business continued to grow at a meaningful rate, driven by the ramp-up of newer facilities and a shift in customer mix toward higher-value service profiles. At the same time, we have faced headwinds in our transportation services business as the broader cross-border e-commerce market has continued to evolve. We are taking these challenges seriously and are responding with disciplined operational execution, ongoing investment in the network capacity and infrastructure required to support our long-term competitive position, and a clear focus on the financial and capital structure work needed to support the business through this transition.” About Armlogi Holding Corp. Armlogi Holding Corp., based in Walnut, CA, is a U.S.-based warehousing and logistics service provider offering a comprehensive suite of supply-chain solutions, including warehouse management and order fulfillment. The Company caters to cross-border e-commerce merchants seeking to establish U.S. market warehouses. With 12 warehouses totaling approximately 3.9 million square feet, the Company offers comprehensive one-stop warehousing and logistics services. The Company’s warehouses are equipped with facilities and technology to handle and store large, bulky items. Armlogi is a member of the Russell Microcap® Index. For more information, please visit www.armlogi.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, our representatives may from time to time make forward-looking statements, orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our revenue and earnings growth; our business prospects and opportunities; and the expected benefits of our operational initiatives, including the expansion of our internal transportation network. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to successfully implement and scale our internal transportation network; the extent to which anticipated cost efficiencies and operational improvements are realized; our ability to keep pace with new technology and changing market needs; the competitive environment of our business; changes in demand for our services; and our dependence on third-party service providers. These and other factors, including those described in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. Forward-looking statements speak only as of the date of this press release, and except as required by law, we undertake no obligation to publicly update or revise any forward-looking statement. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions described above and in our SEC filings. Company Contact: [email protected] Investor Relations Contact: Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected] **Tables Follow**

WALNUT, Calif., Feb. 13, 2026 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced financial results for its fiscal 2026 second quarter and six-month period ended December 31, 2025. Financial Results for the Three Months Ending December 31, 2025: Total revenue increased 0.8% to $51.5 million for the three months ended December 31, 2025, compared to $51.1 million in the prior-year period. Costs of services increased to $52.3 million for the three months ended December 31, 2025, resulting in a gross loss of $0.8 million, compared to a gross profit of $0.5 million in the prior year period. Gross margin declined to (1.5)% for the three months ended December 31, 2025 from 0.9% in the prior year period, primarily due to higher operational costs. Net loss was $3.9 million, or ($0.08) per share for the three months ended December 31, 2025, compared to a net loss of $1.7 million, or ($0.04) per share, for the prior year period. Financial Results for the Six Months Ending December 31, 2025: Total revenue for the first six months ended December 31, 2025 grew 7.9% to $101.0 million, up from $93.6 million in the prior year period. Gross loss for the six months ended December 31, 2025 was $3.3 million, showing a marginal improvement in gross margin to (3.2)% from (3.3)% in the prior year period. Net loss was $10.4 million, or ($0.24) per share for the six months ended December 31, 2025, compared to a net loss of $6.3 million, or ($0.15) per share, for the prior year period. Liquidity: As of December 31, 2025, the Company had a cash and restricted cash balance of $9.4 million. During the six months ended December 31, 2025, the Company utilized its Standby Equity Purchase Agreement (SEPA) to issue 3,192,145 shares of common stock, raising an aggregate of $3.8 million to support its operations and growth initiatives. Management Commentary Aidy Chou, Chairman and Chief Executive Officer of Armlogi, commented, “The second quarter reflected stable revenue performance and continued first-half growth, though margins were pressured by elevated service costs. We are actively implementing cost optimization strategies and operational efficiencies to address the compression in our gross margins, including enhancing warehouse utilization and integrating higher-margin logistics solutions. We remain confident in our long-term strategy and our ability to create value for our stockholders as we navigate the current market dynamics.” About Armlogi Holding Corp. Armlogi Holding Corp., based in Walnut, CA, is a U.S.-based warehousing and logistics service provider offering a comprehensive suite of supply-chain solutions, including warehouse management and order fulfillment. The Company caters to cross-border e-commerce merchants seeking to establish U.S. market warehouses. With 10 warehouses totaling over 3.5 million square feet, the Company offers comprehensive one-stop warehousing and logistics services. The Company’s warehouses are equipped with facilities and technology to handle and store large, bulky items. Armlogi is a member of the Russell Microcap® Index. For more information, please visit www.armlogi.com. Forward-Looking Statements This press release contains forward-looking statements. In addition, our representatives may from time to time make forward-looking statements, orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our revenue and earnings growth; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. Company Contact: [email protected] Investor Relations Contact: Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected] *** tables follow *** ARMLOGI HOLDING CORP. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS FOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2025 AND 2024 (US$, except share data, or otherwise noted)

This article first appeared on GuruFocus. Total Revenue: $190.4 million, a 14% increase from $167 million in fiscal year 2024. Cost of Sales: $193.4 million, a 29.9% increase due to higher freight, rental, labor, and warehouse expenses. Gross Profit: Loss of $3 million for the fiscal year. General and Administrative Expenses: $14.7 million, a 47.2% increase from the previous year. Net Loss: $15.3 million, or $0.37 per basic and diluted share. Cash and Cash Equivalents: $13.6 million. Active Customer Base: Increased more than fourfold to 5,005. Warehousing Footprint: 10 warehouses totaling approximately 39,050,020 square feet across the US. Warning! GuruFocus has detected 4 Warning Signs with BTOC. Is BTOC fairly valued? Test your thesis with our free DCF calculator. Release Date: September 25, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Armlogi Holding Corp (NASDAQ:BTOC) achieved a 14% increase in total revenue for fiscal year 2025, reaching $190.4 million. The company expanded its active customer base more than fourfold to 5,005, indicating strong market demand. Armlogi Holding Corp (NASDAQ:BTOC) operates 10 warehouses across the US, providing approximately 3.9 million square feet of space, which supports its logistics capabilities. The company maintains high standards with ISO 9001 compliance and an average inventory accuracy of 99.64%. Armlogi Holding Corp (NASDAQ:BTOC) is focused on diversifying its customer mix beyond PRC-based clients, which accounted for 84% of revenue in fiscal year 2025. The cost of sales increased by 29.9%, primarily due to higher freight costs, rental, labor, and warehouse expenses, resulting in a gross profit loss of $3 million. General and administrative expenses rose by 47.2% to $14.7 million, contributing to a net loss of $15.3 million for the fiscal year. The company reported a net loss of $0.37 per basic and diluted share, indicating financial challenges. Revenue concentration remains a concern, with one customer accounting for around 10% of revenue in fiscal year 2025. Armlogi Holding Corp (NASDAQ:BTOC) faces competitive pressures from larger logistics companies and regional operators, necessitating differentiation strategies. Q: What are the main drivers of revenue growth for fiscal year 2026, and are there any new contracts or customers expected to have a material impact on results? A: Scott Hsu, Chief Financial Officer, stated that revenue growth for fiscal year 2026 is expected to be driven by continued demand for comprehensive warehousing and logistics services, particularly from cross-border e-commerce merchants and an expanding US-based customer base. The company is focusing on diversifying its customer mix beyond PRC-based clients, who accounted for 84% of revenue in fiscal year 2025. While no specific contracts were disclosed, contributions from new customers in both domestic and international markets are anticipated, though no single contract is expected to have a material impact at this time. Q: When does management expect the company to achieve consistent profitability and positive free cash flow? A: Scott Hsu, Chief Financial Officer, emphasized that achieving consistent profitability and positive free cash flow are key priorities. The company is implementing measures such as operational optimization, cost management, and diversification of carrier relationships. While no specific timeline was provided, gradual improvement in margins is expected as the company's expanded footprint reaches fuller utilization and efficiencies from technology investments take hold. Progress is anticipated in the coming fiscal years, assuming stable market conditions and successful execution of growth strategies. Q: How concentrated is revenue among your largest customers, and how does Armlogi plan to differentiate itself from larger logistics competitors or regional operators? A: Scott Hsu, Chief Financial Officer, noted that customer concentration is a key consideration. In fiscal year 2025, one customer accounted for around 10% of revenue, down from fiscal year 2024, where two customers represented 20% and 12%, respectively. The company is diversifying its customer base, which grew from 105 to 505 active customers over the year. Armlogi differentiates itself through high-quality services, ISO 9001 compliance, 99.64% inventory accuracy, 24/7 multilingual support, reasonable fees, advanced technologies, and a focus on bulky item handling and nationwide warehouse coverage. Q: What measures is Armlogi taking to improve efficiency and profitability? A: Scott Hsu, Chief Financial Officer, mentioned that the company is actively implementing measures to improve efficiency and profitability. These include operational optimization, cost management, and leveraging technology to drive efficiency. The company is also focusing on diversifying its carrier relationships to mitigate industry pressures. These efforts are expected to lead to gradual improvements in margins and financial health. Q: What is the company's strategy for expanding its geographic coverage and enhancing its technology platform? A: Scott Hsu, Chief Financial Officer, explained that Armlogi's strategy includes expanding its geographic coverage and enhancing its technology platform to improve efficiency and attract more clients. The company is focusing on its large order management system and other technological advancements to support its growth strategies. This approach aims to capitalize on future opportunities in the cross-border e-commerce market and create long-term value for shareholders. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

WALNUT, Calif., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced financial results for its fiscal year ended June 30, 2025. Financial Results for the Fiscal Year Ended June 30, 2025: Total revenue increased by approximately $23.4 million, or 14.0%, to $190.4 million for the fiscal year ended June 30, 2025, compared to $167.0 million for the fiscal year ended June 30, 2024. This growth was largely driven by continued demand for Armlogi’s transportation and warehousing services. Cost of service rose by $44.5 million, or 29.9%, mainly due to higher freight, rental, labor, and warehouse expenses associated with the expansion of the Company's operational footprint. Gross profit declined to a loss of $3.0 million for the fiscal year ended June 30, 2025, compared with a gross profit of $18.1 million in the fiscal year ended June 30, 2024, with the gross margin falling to -1.6% from 10.8% the previous fiscal year. The decrease primarily reflects increases in third-party carrier costs, particularly with major suppliers, FedEx and UPS, as well as expenses associated with new warehouse leases and labor for expanded facilities. General and administrative expenses totaled $14.7 million, representing a 47.2% increase in the fiscal year ended June 30, 2025 from $10.0 million in the prior fiscal year, primarily due to investments in business growth and additional professional and office costs. Net loss for the fiscal year ended June 30, 2025 was $15.3 million, or $0.37 per basic and diluted share, compared to net income of $7.4 million, or $0.19 per share, for the fiscal year ended June 30, 2024. Cash and cash equivalents and restricted cash at year-end were $13.6 million in the fiscal year ended June 30,2025, compared to $10.0 million as of the fiscal year ended June 30, 2024. Management Commentary Aidy Chou, Chairman and Chief Executive Officer of Armlogi, commented, “Fiscal year 2025 demonstrated continued strong demand for our logistics solutions, with 14% revenue growth and a more than four-fold increase in our active customer base. However, our results also reflect the significant operational challenges we faced as we expanded our warehouse network and navigated a difficult freight cost environment. The expansion of our operations with new warehouse facilities, while necessary for long-term growth, required substantial investments in labor and infrastructure that pressured our margins in the near term. Additionally, freight cost increases from our carriers have significantly impacted the profitability of our transportation services. We responded by diversifying our carrier relationships, but the industry-wide cost pressures continue to present headwinds.” Mr. Chou continued: “Despite these challenges, we remain committed to our growth strategy and believe our expanded infrastructure positions us well for future opportunities. Looking ahead, our focus remains on operational optimization, technology-driven efficiency, and prudent cost management, as we position Armlogi for long-term, sustainable growth.” Conference Call & Audio Webcast Armlogi’s management team will hold an earnings conference call today at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the Company’s financial results and provide an overview of its operations. Armlogi’s management team will lead the conference call and answer investor questions. To access the call by phone, please dial 1-800-445-7795 (for international callers, dial 1-785-424-1699) approximately 10 minutes prior to the scheduled start time. Please use the conference ID: ARMLOGI. **NOTE: THIS CONFERENCE ID WILL BE REQUIRED FOR ENTRY A live audio webcast of the conference call will be available online at https://viavid.webcasts.com/starthere.jsp?ei=1736177&tp_key=05c18b1042. About Armlogi Holding Corp. Armlogi Holding Corp., based in Walnut, CA, is a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions, including warehouse management and order fulfillment. The Company caters to cross-border e-commerce merchants looking to establish overseas warehouses in the U.S. market. With ten warehouses covering over three and a half million square feet, the Company offers comprehensive one-stop warehousing and logistics services. The Company’s warehouses are equipped with facilities and technology for handling and storing large and bulky items. Armlogi is a member of the Russell Microcap® Index. For more information, please visit www.armlogi.com. Forward-Looking Statements This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. Company Contact: [email protected] Investor Relations Contact: Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected] *** tables follow *** The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the Consolidated Balance Sheets that total the same amounts shown in the Consolidated Statements of Cash Flows:

Third Quarter Revenue: $45.8 million, an increase of 19.3% year-over-year. Cost of Sales (Q3): $45.6 million. Gross Profit (Q3): $0.28 million. General and Administrative Expenses (Q3): $4.47 million. Loss from Operations (Q3): $4.19 million. Net Loss (Q3): $3.76 million or $0.09 per share. Nine-Month Revenue: $139.5 million, up 14.6% year-over-year. Cost of Sales (Nine Months): $142.3 million. Gross Loss (Nine Months): $2.85 million. General and Administrative Expenses (Nine Months): $10.8 million. Loss from Operations (Nine Months): $13.65 million. Net Loss (Nine Months): $10.06 million or $0.24 per share. Warning! GuruFocus has detected 3 Warning Signs with BTOC. Release Date: May 16, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Armlogi Holding Corp (NASDAQ:BTOC) reported a 19.3% increase in revenue for the third quarter, reflecting strong demand for its logistics solutions. The company anticipates positive impacts from the recent US-China trade talks, which resulted in reduced tariff fees, potentially improving margins. Armlogi is focused on optimizing its expanded operational footprint and enhancing efficiencies through technology to improve profitability. The company has a robust infrastructure with a significant warehouse footprint in key US locations, positioning it well for future growth. Armlogi is committed to leveraging its technological capabilities and comprehensive supply chain solutions to drive long-term value for shareholders. Despite revenue growth, Armlogi Holding Corp (NASDAQ:BTOC) reported a net loss of $3.76 million for the third quarter. The cost of sales for the quarter was high at $45.6 million, primarily due to operational investments and expansion, impacting gross profit. General and administrative expenses increased to $4.47 million, contributing to a loss from operations of $4.19 million for the quarter. The company faces ongoing market-related cost pressures and inflationary challenges, affecting its profitability. Armlogi reported a gross loss of $2.85 million for the nine-month period, highlighting margin challenges despite revenue growth. Q: Despite cost pressures, the company is continuing to show revenue growth. Could you elaborate on the key drivers behind the sustained demand for Armlogi services and how the company is working to improve profitability moving forward? A: The continued revenue growth of 19.3% for the quarter and 14.6% for the nine months underscores the essential nature of our comprehensive logistics solutions and strong client relationships. Demand is driven by cross-border e-commerce needs and our value in managing complex supply chains. We are optimizing our operational footprint, enhancing efficiencies through technology, and managing costs. The recent US-China trade developments with reduced tariffs are expected to alleviate cost pressures, contributing to margin improvement over time. We are confident in our strategic initiatives to enhance shareholder value. Scott Hsu, Chief Financial Officer Q: The recent success in US-China trade talks seems to be a significant positive. Can you provide a bit more color on how specifically Armlogi is positioned to benefit from this improved trade environment? A: The successful US-China trade talks and resulting tariff reductions are encouraging for the logistics sector and Armlogi, which facilitates transpacific trade. Reduced tariffs can lower the cost of goods for customers, potentially increasing trade volumes. It also reduces uncertainty impacting planning and investment, leading to more stable demand for our services. We are well-positioned with our extensive warehouse network and comprehensive service offerings to support clients in this favorable trade environment. Scott Hsu, Chief Financial Officer Q: Considering the dynamic market and the recent positive trade news, how does Armlogi view its long-term strategic positioning and its ability to capture future growth opportunities? A: We are confident in our long-term strategic positioning. Armlogi has a robust infrastructure with a significant warehouse footprint in key US locations, offering comprehensive logistics services. The positive US-China trade developments strengthen our outlook, creating a stable market. Our strategy focuses on leveraging our infrastructure, technology, experienced team, and customer-centric approach. We will continue to invest prudently to support sustainable growth and expand our market reach. Scott Hsu, Chief Financial Officer For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.

WALNUT, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced financial results for its fiscal 2025 third quarter and nine months ended March 31, 2025. Financial Results for the Three Months Ended March 31, 2025: Total revenue increased by approximately $7.4 million, or 19.3%, to $45.8 million during the three months ended March 31, 2025, compared to $38.4 million for the same period in 2024. This growth reflects continued demand for our services. Costs of sales increased by approximately $10.5 million, or 29.8%, to $45.6 million during the three months ended March 31, 2025, compared with $35.1 million during the same period in 2024. This increase is primarily attributed to higher operational costs associated with service delivery and the expansion of our operational footprint. Our overall gross profit was $0.28 million for the three months ended March 31, 2025, a decrease from $3.32 million for the same period in 2024. Consequently, the gross profit margin was approximately 0.6% for the current quarter, compared to approximately 8.6% in the prior year’s quarter. This reduction in gross margin reflects the aforementioned increased costs of sales. General and administrative expenses were $4.47 million for the three months ended March 31, 2025, an increase from $3.27 million in the same period of 2024, reflecting investments to support our growing operations and strategic initiatives. As a result of these factors, the Company reported a loss from operations of $4.19 million for the three months ended March 31, 2025, compared to income from operations of $0.05 million for the same period in 2024. Our net loss for the three months ended March 31, 2025, was $3.76 million, or ($0.09) per basic and diluted share. This compares with net income of $0.68 million, or $0.02 per basic and diluted share, for the three months ended March 31, 2024. Financial Results for the Nine Months Ended March 31, 2025: Total revenue increased by approximately $17.8 million, or 14.6%, to $139.5 million during the nine months ended March 31, 2025, compared to $121.7 million for the same period in 2024. This growth underscores the sustained demand for our comprehensive logistics solutions. Costs of sales increased by approximately $36.85 million, or 35.0%, to $142.3 million during the nine months ended March 31, 2025, compared with $105.5 million during the same period in 2024. This increase reflects the costs associated with our expanded operational footprint, investments in service capabilities, and certain market pressures that increased costs of resources necessary for our operations. Our overall gross loss was $2.85 million for the nine months ended March 31, 2025, a shift from a gross profit of $16.23 million for the same period in 2024. This has resulted in a negative gross profit margin of approximately (2.0)% for the current nine-month period, compared to a positive margin of 13.3% in the prior year’s period. We are focused on initiatives to address these margin challenges, as well as the challenges that may be presented by the U.S.-China trade developments, anticipated cost pressures of which we are endeavoring to mitigate, should they not be favorably resolved, going forward. General and administrative expenses were $10.80 million for the nine months ended March 31, 2025, an increase from $8.10 million in the same period of 2024, reflecting ongoing investments to scale our business and support our growth trajectory. Consequently, the Company reported a loss from operations of $13.65 million for the nine months ended March 31, 2025, compared to income from operations of $8.13 million for the same period in 2024. Our net loss for the nine months ended March 31, 2025, was $10.06 million, or ($0.24) per basic and diluted share. This compares with net income of $7.18 million, or $0.18 per basic and diluted share, for the nine months ended March 31, 2024. Management Commentary Aidy Chou, Chairman and Chief Executive Officer of Armlogi, commented, “Our third quarter and nine-month results reflect continued revenue growth, which underscores the ongoing demand for our logistics solutions. At the same time, we continue to face significant operational investments and market-related cost pressures that have impacted our profitability. We are diligently working to optimize our expanded warehouse footprint and enhance operational efficiencies across all our service lines.” “We are encouraged by the recent development in U.S.-China trade talks, which has resulted in a substantial reduction in tariffs. We believe this may be a positive signal for Armlogi and the broader logistics sector. While we continue to take a cautious approach in our overall planning, prioritizing sustainable growth and improved profitability, the reduction in trade tensions may allow us to look forward with cautious optimism. Our commitment to leveraging technology and delivering comprehensive supply-chain solutions for our clients remains strong as we navigate the evolving economic environment and work to position Armlogi for potential future growth.” Conference Call & Audio Webcast Armlogi’s management team will hold an earnings conference call at 8:00 am Pacific Time (11:00 am Eastern Time) on Friday, May 16, to discuss the Company’s financial results and provide an overview of the Company’s operations. Armlogi’s management team will lead the conference call and answer investor questions. To access the call by phone, please dial 1-800-274-8461 (international callers, please dial 1-203-518-9814) approximately 10 minutes before the start of the call. Refer to conference ID: ARMLOGI. **NOTE: THIS CONFERENCE ID WILL BE REQUIRED FOR ENTRY A live audio conference call webcast will be available online at https://viavid.webcasts.com/starthere.jsp?ei=1720635&tp_key=1793680a37. About Armlogi Holding Corp. Armlogi Holding Corp., based in Walnut, CA, is a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions relating to warehouse management and order fulfillment. The Company caters to cross-border e-commerce merchants looking to establish overseas warehouses in the U.S. market. With ten warehouses covering over three and a half million square feet, the Company offers comprehensive one-stop warehousing and logistics services. The Company’s warehouses are equipped with facilities and technology for handling and storing large and bulky items. For more information, please visit www.armlogi.com. Armlogi is on X (formerly Twitter). Sign up to follow @ArmLogiUS at https://x.com/ArmLogiUS.Armlogi is on LinkedIn; follow us at https://www.linkedin.com/company/armlogi-holding-corp. Forward-Looking Statements This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “intends,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. Company Contact:[email protected] Investor Relations Contact:Matthew Abenante, IRCPresidentStrategic Investor Relations, LLC Tel: 347-947-2093Email: [email protected]

WALNUT, CA, May 14, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced that it plans to release its financial results for the third quarter and first nine months ended March 31, 2025 after the market closes today. Conference Call & Audio Webcast Armlogi’s management team will hold an earnings conference call at 8:00 am Pacific Time (11:00 am Eastern Time) on Friday, May 16, to discuss the Company’s financial results and provide an overview of the Company’s operations. Armlogi’s management team will lead the conference call and answer investor questions. Investors may submit written questions by Thursday, May 15 via e-mail to: [email protected]. To access the call by phone, please dial 1-800-274-8461 (international callers, please dial 1-203-518-9814) approximately 10 minutes before the start of the call. Refer to conference ID: ARMLOGI. **NOTE: THIS CONFERENCE ID WILL BE REQUIRED FOR ENTRY A live audio conference call webcast will be available online at https://viavid.webcasts.com/starthere.jsp?ei=1720635&tp_key=1793680a37. About Armlogi Holding Corp. Armlogi Holding Corp., based in Walnut, CA, is a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions relating to warehouse management and order fulfillment. The Company caters to cross-border e-commerce merchants looking to establish overseas warehouses in the U.S. market. With ten warehouses covering over three and a half million square feet, the Company offers comprehensive one-stop warehousing and logistics services. The Company’s warehouses are equipped with facilities and technology for handling and storing large and bulky items. For more information, please visit www.armlogi.com. Forward-Looking Statements This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. Company Contact:[email protected] Investor Relations Contact:Matthew Abenante, IRCPresidentStrategic Investor Relations, LLC Tel: 347-947-2093Email: [email protected]