Sells marine fuel to transportation companies in Asia Pacific.

Dec 2025Revenue $71.6M/yrExpenses $72.1M/yr
Fell below break-even Mar 2024Cash runway ≈ 1 month from Dec 2025
Figures by year

When will PTL be profitable again?

Its expenses passed its revenue in Mar 2024. In the 12 months to Dec 2025, revenue was $71.6M and expenses $72.1M.

Fiscal year toRevenueExpensesOperating profit
Dec 2025$71.6M$72.1M−$443K
Dec 2024$98.1M$103M−$4.75M
Dec 2023$102M$101M$1.09M
Dec 2022$74.8M$74.5M$367K