Skyline Builders Group Holding (SKBL) investor relations material

Company overview and business model

• Operates as a holding company incorporated in the Cayman Islands, with all operations conducted through Kin Chiu Engineering Limited in Hong Kong, focusing on public civil engineering works, especially roads and drainage projects.

• Primarily serves the public sector in Hong Kong, with a smaller share of private sector projects; acts as both main contractor and subcontractor.

• Achieved Approved Contractor status in 2020, enabling direct tendering for public works as a main contractor.

• Has a 12-year track record, with a stable customer base and a focus on quality, safety, and timely project delivery.

• Corporate structure includes a Cayman Islands parent, a BVI intermediate holding company, and a Hong Kong operating subsidiary.

Financial performance and metrics

• Revenue for the years ended March 31, 2025, 2024, and 2023 was $46.0M, $48.8M, and $44.6M, respectively.

• Gross profit for 2025 was $2.92M (6.3% margin), up slightly from $2.89M (5.9%) in 2024, and $1.22M (2.7%) in 2023.

• Net income for 2025 was $727K, down from $930K in 2024 and $880K in 2023.

• Cash and cash equivalents as of March 31, 2025, were $719K; accounts receivable increased to $10.0M.

• Bank and other borrowings rose to $12.0M as of March 31, 2025, from $10.9M in 2024.

• Five largest customers accounted for 82.7% of 2025 revenue; significant customer and supplier concentration.

Use of proceeds and capital allocation

• All net proceeds from the resale of Class A Ordinary Shares go to selling shareholders; the company receives no proceeds from this offering.

• In the August 2025 private placement, $7M of proceeds were used to retire 18.5M Class A shares; remaining funds for working capital and general corporate purposes.