Uni-Fuels (UFG) investor relations material

Executive summary

• Revenue grew 70% year-over-year to $263.9 million, driven by a 112% increase in marine fuel volumes and expansion to 156 ports (+79% YoY).

• Gross profit rose 47% to $4.7 million, but gross margin declined to 1.8% from 2.1% due to competitive pressures and market share expansion.

• Net loss of $1.8 million, reversing from net income of $0.2 million in the prior year, primarily due to higher operating and administrative expenses.

• IPO completed in January 2025, raising $8.4 million (plus $1.26 million from over-allotment), and expanded international presence with new subsidiaries in Dubai, Shanghai, and Limassol.

Financial highlights

• Revenue: $263.9 million (+70% YoY); marine fuel volumes: 535,000+ MT (+112% YoY).

• Gross profit: $4.7 million (+47% YoY); gross margin: 1.8% (down from 2.1%).

• Net loss: $1.8 million (vs. net income of $0.2 million prior year).

• Working capital increased to $10.1 million (from $3.7 million); current ratio improved to 1.35.

• Cash and cash equivalents at year-end: $12.5 million (up from $4.3 million).

Outlook and guidance

• 2026 revenue expected in the range of $310 million to $330 million.

• Focus on enhancing profitability, improving margins, and leveraging expanded global footprint.