Overview
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- TickerUFG on Nasdaq1
- IndustryWholesale-Petroleum & Petroleum Products (No Bulk Stations)1
- Business address9 Temasek Boulevard,, Suntec Tower 2 #19-03, Singapore, 0389893
- Filer categoryNon-accelerated filer, Emerging growth company3
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Holdings Limited was incorporated under the laws of the Cayman Islands on March 8, 2024. The Company owns 100% of Uni-Fuels Group Inc.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue98¢$259.2M
- Other costs2¢$4.4M
- Interest0¢$166.0K
- Income tax0¢$134.0K
Out of $263.9M in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $263.9M | $155.2M | $70.8M |
| Cost of revenues | -$259.2M | -$152.0M | -$68.5M |
| Gross profit | $4.7M | $3.2M | $2.3M |
| Selling and marketing | -$1.3M | -$661.9K | -$211.0K |
| General and administrative | -$5.0M | -$2.3M | -$672.1K |
| Total operating expenses | -$6.3M | -$3.0M | -$883.1K |
| (Loss)/Income from operations | -$1.6M | $214.6K | $1.4M |
| Interest expense, net | -$63.8K | -$4.8K | -$1.9K |
| Other income | $25.8K | $59.9K | $10.9K |
| Total other (loss)/income, net | -$38.0K | $55.1K | $9.0K |
| (Loss)/Income before income tax expense | -$1.6M | $269.7K | $1.4M |
| Income tax expense | -$134.0K | -$98.1K | -$194.4K |
| Net (loss)/income | -$1.8M | $171.6K | $1.2M |
| Foreign currency translation adjustments | -$793 | $145 | |
| Total comprehensive (loss)/income | -$1.8M | $171.7K | $1.2M |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $12.5M | $4.3M | ||
| Accounts receivable, net | $26.3M | $11.5M | ||
| Prepayments and other assets, net | $316.1K | $229.9K | ||
| Total current assets | $39.1M | $16.0M | ||
| Property and equipment, net | $285.0K | $329.6K | ||
| Operating lease right-of-use assets | $79.6K | $133.1K | ||
| Prepayments and other assets, net | $1.5K | $4.5K | ||
| Deferred initial public offering (IPO) costs | $482.2K | |||
| Total non-current assets | $366.1K | $949.3K | ||
| Total assets | $39.5M | $17.0M | ||
| Accounts payable | $23.3M | $10.1M | ||
| Borrowings | $4.2M | $1.5M | ||
| Income tax payables | $162.2K | $91.0K | ||
| Operating lease liabilities, current | $78.3K | $104.3K | ||
| Accrued expenses and other liabilities | $1.2M | $291.5K | ||
| Total current liabilities | $29.0M | $12.4M | ||
| Operating lease liabilities, non-current | $6.3K | $41.0K | ||
| Accrued expenses and other liabilities, non-current | $10.2K | |||
| Deferred tax liabilities, net | $2.3K | $8.2K | ||
| Total non-current liabilities | $8.7K | $59.4K | ||
| Total liabilities | $29.0M | $12.4M | ||
| Additional paid-in capital | $11.7M | $4.0M | ||
| Accumulated other comprehensive (loss)/income | -$648 | $145 | ||
| (Accumulated deficit)/Retained earnings | -$1.2M | $544.7K | ||
| Total shareholders equity | $10.5M | $4.5M | $4.4M | $2.4M |
| Total liabilities and shareholders equity | $39.5M | $17.0M | ||
| Ordinary shares, par value | $0.00 | |||
| Ordinary shares, shares authorized | 500.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $12.5M | $4.3M | ||
| Accounts receivable, net | $26.3M | $11.5M | ||
| Prepayments and other assets, net | $316.1K | $229.9K | ||
| Total current assets | $39.1M | $16.0M | ||
| Property and equipment, net | $285.0K | $329.6K | ||
| Operating lease right-of-use assets | $79.6K | $133.1K | ||
| Prepayments and other assets, net | $1.5K | $4.5K | ||
| Deferred initial public offering (IPO) costs | $482.2K | |||
| Total non-current assets | $366.1K | $949.3K | ||
| Total assets | $39.5M | $17.0M | ||
| Accounts payable | $23.3M | $10.1M | ||
| Borrowings | $4.2M | $1.5M | ||
| Income tax payables | $162.2K | $91.0K | ||
| Operating lease liabilities, current | $78.3K | $104.3K | ||
| Accrued expenses and other liabilities | $1.2M | $291.5K | ||
| Total current liabilities | $29.0M | $12.4M | ||
| Operating lease liabilities, non-current | $6.3K | $41.0K | ||
| Accrued expenses and other liabilities, non-current | $10.2K | |||
| Deferred tax liabilities, net | $2.3K | $8.2K | ||
| Total non-current liabilities | $8.7K | $59.4K | ||
| Total liabilities | $29.0M | $12.4M | ||
| Additional paid-in capital | $11.7M | $4.0M | ||
| Accumulated other comprehensive (loss)/income | -$648 | $145 | ||
| (Accumulated deficit)/Retained earnings | -$1.2M | $544.7K | ||
| Total shareholders equity | $10.5M | $4.5M | $4.4M | $2.4M |
| Total liabilities and shareholders equity | $39.5M | $17.0M | ||
| Ordinary shares, par value | $0.00 | |||
| Ordinary shares, shares authorized | 500.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net (loss)/income | -$1.8M | $171.6K | $1.2M |
| Depreciation | $80.8K | $74.5K | $32.3K |
| Shared based compensation | $42.8K | ||
| Allowance for credit losses | -$1.7K | $8.5K | |
| Non-cash operating lease expenses | $127.3K | $94.1K | $61.4K |
| Deferred tax (benefit) expenses | -$5.9K | -$5.2K | $14.3K |
| Accounts receivable, net | -$14.8M | $1.4M | -$11.7M |
| Prepayments and other assets, net | -$83.2K | -$84.0K | -$133.9K |
| Accounts payable | $13.2M | -$1.1M | $9.8M |
| Income tax payables | $71.2K | -$181.4K | -$173.0K |
| Operating lease liabilities | -$144.6K | -$138.3K | -$46.1K |
| Accrued expenses and other liabilities | $923.8K | $155.3K | $4.5K |
| Net cash (used in) provided by operating activities | -$2.3M | $331.8K | -$965.8K |
| Purchases of property and equipment | -$36.2K | -$9.0K | -$427.3K |
| Cash used in investing activities | -$36.2K | -$9.0K | -$427.3K |
| Proceeds from short-term bank loans | $27.7M | $14.1M | $7.6M |
| Repayments of short-term bank loans | -$25.0M | -$13.8M | -$6.4M |
| Payment of offering costs related to Initial Public Offering (IPO) | -$1.5M | -$369.3K | -$112.9K |
| Capital contribution from shareholder | $800.0K | ||
| Proceeds from IPO | $9.7M | ||
| Borrowings from a related party | $678.3K | ||
| Repayment of borrowings to a related party | -$269.5K | -$8.5K | -$400.3K |
| Net cash provided by (used in) financing activities | $10.6M | -$62.7K | $2.2M |
| Effect of exchange rate changes on cash and restricted cash | -$793 | ||
| Net increase in cash and restricted cash | $8.2M | $260.1K | $767.1K |
| Income tax paid | $61.5K | $284.7K | $361.8K |
| Interest expenses paid | $89.9K | $84.0K | $18.3K |
| Dividend distribution against capital contribution from shareholder | $3.1M | ||
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | $73.8K | $29.3K | $259.3K |
No quarter-by-quarter statement was filed.
What it owns
What Uni-Fuels Holdings Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Furniture and fixtures | $34.9K2 Dec 31, 2025 | $26.1K2 Dec 31, 2024 | +34.1% |
| Computer equipment and software | $65.3K2 Dec 31, 2025 | $38.0K2 Dec 31, 2024 | +71.8% |
| Leasehold improvements | $87.7K2 Dec 31, 2025 | $87.7K2 Dec 31, 2024 | 0% |
| Accumulated depreciation | $187.5K2 Dec 31, 2025 | $106.8K2 Dec 31, 2024 | +75.7% |
| Property and equipment, net | $285.0K2 Dec 31, 2025 | $329.6K2 Dec 31, 2024 | −13.5% |
| Operating-lease assets (leased space) | $79.6K2 Dec 31, 2025 | $133.1K2 Dec 31, 2024 | −40.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $12.5M2 Dec 31, 2025 | $4.3M2 Dec 31, 2024 | +190.0% |
Intangibles and goodwill
Leadership
Who has led Uni-Fuels Holdings Ltd, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerKuan Hua Koh Mar 18, 2026 to now6
- Chief financial officerLing Li Lee Mar 18, 2026 to now7
- Chief operating officerWenling Stefanie Tay Zheng Mar 18, 2026 to now8
Board members and other officers (5)
- Board memberJong Yuh Gwendolyn Gn Mar 18, 2026 to now9
- Board memberKuan Hua Koh Mar 18, 2026 to now6
- Board memberTan Sey Liy Shirley Mar 18, 2026 to now10
- Board memberWenling Stefanie Tay Zheng Mar 18, 2026 to now8
- Board memberYong Xian Chan Mar 19, 2026 to now11
Timeline
- Mar 18, 2026New chief executive Kuan Hua Koh becomes CEO6
Filings
72 filings to the SEC since October 2021: 2 annual reports, 9 insider forms, 61 other. The latest 20:
- Sep 28, 20266-K EDGAR
- Sep 9, 20266-K EDGAR
- Sep 8, 20266-K EDGAR
- Sep 4, 2026S-8 EDGAR
- Sep 4, 20266-K EDGAR
- Aug 21, 20266-K EDGAR
- Jul 31, 20266-K EDGAR
- Jul 20, 20266-K EDGAR
- Jul 2, 20266-K EDGAR
- Jun 8, 20266-K EDGAR
- May 26, 20266-K EDGAR
- May 26, 20266-K EDGAR
- Apr 22, 20266-K EDGAR
- Apr 22, 202620-F EDGAR
- Apr 20, 20266-K EDGAR
- Apr 8, 20263 EDGAR
- Mar 19, 20263 EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
The 72 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How Uni-Fuels Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUni-Fuels Holdings Ltd1
- CIK0002021688
- Filer statusNon-accelerated filer an emerging growth company; a shell company4
- Incorporated inCayman Islands4
- Industry code (SIC)5172 Wholesale-Petroleum & Petroleum Products (No Bulk Stations)1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address9 Temasek Boulevard,, Suntec Tower 2 #19-03, Singapore, 038989, Singapore1
- Phone65 6027 12501
- Shares outstanding9,815,000 Common Class A shares; 22,650,000 Common Class B shares as of Dec 31, 20254
- AuditorMarcum Asia CPAs LLP, New York, NY PCAOB ID 5395; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMay 3, 20241
- Filings72 in all: 6-K (29), 3 (9), CORRESP (5), UPLOAD (5), EFFECT (3), F-1/A (3), 20-F (2), DRS (2)1
All 19 form types
DRS/A (2), DRSLTR (2), F-1 (2), 424B3 (1), 424B4 (1), 6-K/A (1), 8-A12B (1), CERT (1), F-3 (1), F-3/A (1), S-8 (1)
- Latest filingsAnnual report (20-F) Apr 22, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Ordinary Shares, par value | UFG | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Apr 22, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7SEC EDGARLing Li Lee, Chief financial officer
- 8
- 9SEC EDGARJong Yuh Gwendolyn Gn, Board member
- 10SEC EDGARTan Sey Liy Shirley, Board member
- 11SEC EDGARYong Xian Chan, Board member