Uni-Fuels Grows Revenue 70% to US$263.9M, Expands to 156 Ports
Uni-Fuels’ FY2025 revenue surged 70% to US$263.9 million as marine fuel volumes jumped 112% to over 535,000 MT, expanding port coverage by 79% to 156 locations and boosting working capital to US$10.1 million. Despite a 47% higher gross profit of US$4.7 million, rising operating expenses drove a US$1.6 million pre-tax loss.
1. FY2025 Financial Highlights
Uni-Fuels generated US$263.9 million in revenue for fiscal 2025, marking a 70% year-over-year increase, while marine fuel volumes climbed 112% to over 535,000 metric tons and gross profit rose 47% to US$4.7 million.
2. Global Footprint Expansion
The company expanded its port coverage by 79% to 156 locations and raised working capital to US$10.1 million, strengthening its ability to support higher trading volumes and improve liquidity.
3. Strategic Certifications and Capital
Uni-Fuels secured ISCC EU and ISCC PLUS certifications for RED II-compliant biofuels, established subsidiaries in Dubai, Shanghai, and Limassol, raised US$3 million via a private market platform, and fully repaid US$3 million in commercial paper Series 001 and 002.
4. Pre-tax Loss and Rising Expenses
Operating expenses increased, with selling and marketing costs rising to US$1.3 million and general and administrative expenses climbing to US$5.0 million, contributing to a loss before income taxes of US$1.6 million.