Raytech Holding Limited Announces Fiscal Year 2025 Financial Results and the Filing of Its Annual Report on Form 20-F

About this update from Raytech Holding Limited

Revenue Growth of 17.6% to HK$78.7 Million (US$10.1 million); Strong Cash Position of HK$84.9 Million (US$10.9 million) HONG KONG, July 25, 2025 (GLOBE NEWSWIRE) -- Raytech Holding Limited (NASDAQ: RAY) (“Raytech”, “We”, “Our” or the “Company”), a Hong Kong-based company specializing in design, sourcing, and wholesale of personal care electrical appliances for international brand owners, today announced financial results for the fiscal year ended March 31, 2025, and confirmed the filing of its annual report on Form 20-F with the U.S. Securities and Exchange Commission (“SEC”). Raytech delivered solid fiscal year 2025 results with revenue growth of 17.6% to HK$78.7 million (US$10.1 million), while maintaining profitability with net income of HK$8.3 million (US$1.1 million) and a net margin of 10.5%. The Company concluded the year with a significantly strengthened balance sheet, recording cash and cash equivalents of HK$84.9 million (US$10.9 million), up from HK$35.9 million as of the end of the prior fiscal year. Management Commentary Mr. Ching Tim Hoi, CEO and Chairman of Raytech, said: "Fiscal Year 2025 marked a pivotal year for Raytech. We not only sustained profitability but also strengthened our financial position. Our revenue increased by 17.6% to HK$78.7 million, which was principally driven by increased sales in our trimmer series, fueled by new customer-engaged models. We continue to demonstrate the strength of our specialized focus in personal care and lifestyle electrical appliances, where we have accumulated over 10 years of industry experience. As we transitioned to a public company during this fiscal year, we continue to maintain operational excellence. " Financial Highlights Key highlights for fiscal year 2025 compared to fiscal year 2024: Financial Results Revenue Performance: Profitability and Margins: Balance Sheet Strength: Outlook and Strategic Priorities Our goal is to become a leading product design and development company in the personal care and lifestyle electrical appliances industry in Asia. We intend to explore new product lines, continue expanding our men's personal care and hair care product lines, and approach customers who sell and market their personal care electrical appliances in Europe, the US and other Asia markets. Our strong cash position provides the financial flexibility to pursue strategic growth opportunities while maintaining operational excellence. About Raytech Holding Limited Raytech Holding Limited is a Hong Kong-headquartered company with over 10 years of experience in the personal care electrical appliance industry. Through its operating subsidiary in Hong Kong, it sources and wholesales a diverse range of personal care electrical appliances ranging from hair styling, tooling, trimmer, eyelash curler, to nail care and other body and facial care appliances for international brand owners, providing integrated product design, production processing, and manufacturing solutions. For more information please visit:  https://ir.raytech.com.hk/ . Forward-Looking Statement This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These forward-looking statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the Company's annual report on Form 20-F filed on July 24, 2025 with the U.S. Securities and Exchange Commission (the “SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Media and Investor Relations Contact: International Elite Capital Annabelle Zhang Tel: +1 (646) 866-7928 Email:  [email protected] Consolidated Financial Information The accompanying notes are an integral part of these consolidated financial statements. The accompanying notes are an integral part of these consolidated financial statements. The accompanying notes are an integral part of these consolidated financial statements.

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