Raytech Holding Limited Announces Fiscal Year 2026 Financial Results and the Filing of Its Annual Report on Form 20-F

Raytech Holding Limited Announces Fiscal Year 2026 Financial Results and the Filing of Its Annual Report on Form 20-F HONG KONG, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Raytech Holding Limited (NASDAQ: RAY) ("Raytech", "We", "Our" or the "Company"), a Hong Kong-based group operating in the sourcing and wholesaling of personal care electrical appliances, product design, development and advisory services in relation to personal health care electronics, and marketing solutions services, today announced financial results for the fiscal year ended March 31, 2026, and confirmed the filing of its annual report on Form 20-F with the U.S. Securities and Exchange Commission ("SEC").

Raytech delivered a transformational fiscal year 2026, with revenue increasing by 81.1% to HK$142.6 million (US$18.2 million) and net income increasing by 101.9% to HK$16.7 million (US$2.1 million), representing a net margin of 11.7%. During the year, the Company expanded from a single-subsidiary trading business into a group of three operating subsidiaries in Hong Kong, adding two new service businesses — product design, development and advisory services conducted by Raytech Innovation Limited ("Raytech Innovation"), and marketing solutions services conducted by Worry free Group (Hong Kong) Limited ("Worry free") — which together contributed service income of HK$44.2 million (US$5.6 million), or 31.0% of total revenue, alongside a 26.2% increase in sales of products by Pure Beauty Manufacturing Company Limited ("Pure Beauty").

Financial Highlights

Key highlights for fiscal year 2026 compared to fiscal year 2025:

Financial Results

Revenue Performance:

Profitability and Margins:

Balance Sheet and Cash Flow:

Fiscal Year 2026 Corporate Developments

Subsequent Events

Outlook and Strategic Priorities

Building on over 10 years of experience in the personal care electrical appliance industry, the Company intends to continue the expansion of its service businesses, which contributed 31.0% of total revenue in their fiscal year ended March 31, 2026, while Pure Beauty continues to operate its established sourcing and wholesaling business in an ordinary-course capacity. The Company’s strategic focus includes the provision of product design, development and consultation services in relation to personal health care electronics, led by Raytech Innovation, and marketing solutions services through Worry free. The Company believes that its current levels of cash and cash flows from operations, further supported by the net proceeds of approximately US$6.08 million raised in June 2026, will be sufficient to meet its anticipated cash needs, including working capital needs and the repayment of the promissory note, for at least the next 12 months.

About Raytech Holding Limited

Raytech Holding Limited (Nasdaq:RAY) is a Hong Kong-based holding company with over 10 years of experience in the personal care electrical appliance industry. The Company operates three businesses through its operating subsidiaries in Hong Kong: (i) the sourcing and wholesaling of personal care electrical appliances for international brand owners, ranging from hair styling, trimmer, eyelash curler, and nail care to other body and facial care appliances, conducted by Pure Beauty Manufacturing Company Limited; (ii) the provision of product design and development services and project advisory services in relation to personal health care electronics, conducted by Raytech Innovation Limited; and (iii) the provision of marketing solutions services, conducted by Worry free Group (Hong Kong) Limited.

Forward-Looking Statement

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These forward-looking statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the Company’s annual report on Form 20-F filed on July 31, 2026 with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Media and Investor Relations Contact:

International Elite Capital

Annabelle Zhang

Tel: +1 (646) 866-7928

Email: annabelle@iecapitalusa.com

(1) On a retroactively restated basis, 93,750 ordinary shares were issued on May 15, 2024, 7,068 ordinary shares were issued on July 5, 2024, and 1,624,062 ordinary shares were issued on July 1, 2025. (2) All share and per share data have been retroactively restated to reflect the sixteen (16)-for-one (1) share consolidation of the Company’s ordinary shares effective on November 7, 2025.

The accompanying notes in the Annual Report on Form 20-F are an integral part of these consolidated financial statements.

Note: Summary as presented in Item 5.B of the Annual Report on Form 20-F. The full Consolidated Statements of Cash Flows are set forth in the financial statements included in the Annual Report.