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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2026
Commission File Number:
Vantage Corp
(Registrant’s Name)
#07-07, Level 7, 51 Cuppage Road
Singapore 229469
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Vantage Corp Announces Unaudited Interim 2025 Financial Results and Completion of Acquisition of PJ Marine Singapore Pte. Ltd.
Vantage Corp (the “Company”) (NYSE American: VNTG), an established shipbroking services provider operating primarily in Singapore and Dubai, today announced its unaudited financial results for the six months ended September 30, 2025. The Company also announced the completion of its previously announced acquisition of PJ Marine Singapore Pte. Ltd.
The Company issued a press release relating to the above matters on January 5, 2026, a copy of which is set forth in Exhibit 99.1, which is being furnished herewith.
Vantage Corp and Subsidiaries
Condensed Consolidated Balance Sheets
| 30 September 2025 | 31 March 2025 | |||||||
| US$ | US$ | |||||||
| (Unaudited) | ||||||||
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | 11,664,012 | 5,948,806 | ||||||
| Accounts Receivable, Net | 3,941,981 | 3,766,357 | ||||||
| Prepaid Expenses and Other Current Assets, Net | 3,604,105 | 1,193,972 | ||||||
| Total Current Assets | 19,210,098 | 10,909,135 | ||||||
| Non-Current Assets | ||||||||
| Plant and Equipment, Net | 243,773 | 108,746 | ||||||
| Right-of-Use Assets | 1,221,954 | 142,525 | ||||||
| Total Non-Current Assets | 1,465,727 | 251,271 | ||||||
| TOTAL ASSETS | 20,675,825 | 11,160,406 | ||||||
| LIABILITIES | ||||||||
| Current Liabilities | ||||||||
| Lease Payable – Current | 477,227 | 144,747 | ||||||
| Accounts Payable | 51,265 | 46,177 | ||||||
| Accruals and Other Current Liabilities | 314,282 | 3,873,327 | ||||||
| Dividend Payable | 5,307,063 | 5,101,002 | ||||||
| Income Tax Payable | 1,257,889 | 853,048 | ||||||
| Total Current Liabilities | 7,407,726 | 10,018,301 | ||||||
| Non-Current Liabilities | ||||||||
| Lease Payable – Non-Current | 754,231 | 981 | ||||||
| Deferred Tax Liabilities | 4,710 | 1,325 | ||||||
| Dividend Payable | - | 1,500,000 | ||||||
| Total Non-Current Liabilities | 758,941 | 1,502,306 | ||||||
| TOTAL LIABILITIES | 8,166,667 | 11,520,607 | ||||||
| SHAREHOLDERS’ EQUITY | ||||||||
| Ordinary shares, Class A, US$0.001 par value, 25,000,000 shares authorized, 11,371,120 and 7,633,620 issued and outstanding as of September 30, 2025 and March 31, 2025, respectively | 11,371 | 7,634 | ||||||
| Ordinary shares, Class B, US$0.001 par value, 25,000,000 shares authorized, 20,366,380 issued and outstanding as of September 30, 2025 and March 31, 2025, respectively | 20,366 | 20,366 | ||||||
| Additional paid-in capital | 11,392,121 | - | ||||||
| Retained Earnings / (Accumulated Deficit) | 607,402 | (865,997 | ) | |||||
| Merger Reserve | 504,549 | 504,549 | ||||||
| Accumulated Other Comprehensive Loss | (26,651 | ) | (26,753 | ) | ||||
| Total Shareholders’ Equity (Deficit) | 12,509,158 | (360,201 | ) | |||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 20,675,825 | 11,160,406 | ||||||
Vantage Corp and Subsidiaries
Unaudited Condensed Consolidated Statements of Operations and other Comprehensive Loss
| For the Six Months | ||||||||
| Ended September 30, | ||||||||
| 2025 | 2024 | |||||||
| US$ | US$ | |||||||
| Revenue | 8,533,185 | 10,427,378 | ||||||
| Cost of Revenue (exclusive of depreciation and amortization shown separately below) | (3,603,689 | ) | (3,274,354 | ) | ||||
| Gross Profit | 4,929,496 | 7,153,024 | ||||||
| Operating Expenses: | ||||||||
| Selling and Marketing Expenses | 666,399 | 570,710 | ||||||
| Depreciation and Amortization | 244,970 | 102,927 | ||||||
| General and Administrative Expenses | 2,030,163 | 838,042 | ||||||
| Total Operating Expenses | 2,941,532 | 1,511,679 | ||||||
| Income from Operations | 1,987,964 | 5,641,345 | ||||||
| Other Income (Expense): | ||||||||
| Government Grants | 1,784 | 1,932 | ||||||
| Other Income | 585 | 13,080 | ||||||
| Interest Expenses | (23,530 | ) | (6,581 | ) | ||||
| Total Other (Expense) Income | (21,161 | ) | 8,431 | |||||
| Income before Tax Expense | 1,966,803 | 5,649,776 | ||||||
| Income Tax Expense | (493,404 | ) | (961,716 | ) | ||||
| Net Income | 1,473,399 | 4,688,060 | ||||||
| Other Comprehensive Income | ||||||||
| Foreign currency translation loss, net of taxes | 102 | 283 | ||||||
| Total Comprehensive Income | 1,473,501 | 4,688,343 | ||||||
| Earnings Per Share Attributable to Weighted Average Number of Outstanding Ordinary Shares | ||||||||
| Basic and Diluted | 0.05 | 0.17 | ||||||
| Weighted Average Number of Outstanding Ordinary Shares | ||||||||
| Basic and Diluted | 30,233,265 | 28,000,000 | * | |||||
| * | Retroactively presented for 28,000,000 ordinary shares issued in preparation of the Company’s initial public offering |
Financial Statements and Exhibits.
The following exhibits are being filed herewith:
| Exhibit No. | Description | |
| 99.1 | Press Release dated January 5, 2026 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Vantage Corp | ||
| Date: January 5, 2026 | By: | /s/ Andresian D’Rozario |
| Name: | Andresian D’Rozario | |
| Title: | Chief Executive Officer and Director | |
Exhibit 99.1
Vantage Corp’s Subsidiary Completes Acquisition of PJ Marine Singapore Pte. Ltd. and Sets First Half Fiscal 2026 Conference Call for Wednesday, January 21, 2026, at 8:30 a.m. ET
Singapore – January 5, 2026 – Vantage Corp (NYSE American: VNTG) (“Vantage” or the “Company”), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, announced the completion of its previously announced acquisition of PJ Marine Singapore Pte. Ltd. (“PJ Marine Singapore”).
“After months of thorough due diligence and standard closing procedures, I am pleased to announce the successful acquisition of PJ Marine Singapore,” said Vantage Corp CEO Andre D’Rozario. “As we begin the new year, this milestone officially jumpstarts our entry into the China market and strengthens our Petrochemicals and Sales & Purchase practices. We anticipate PJ Marine Singapore will deliver immediate value to our operations and financial performance, and we are eager to unlock synergies that will drive growth beyond current levels.
“We are also progressing with the final steps to complete the acquisition of PJ Marine Shanghai Co., Ltd. and Peijun Marine Consultant Co., Limited. All parties remain committed to closing these transactions, and we look forward to sharing further updates in the coming months.”
First Half Fiscal 2026 Conference Call
The Company will hold a conference call and webcast on Wednesday, January 21, 2026, at 8:30 a.m. Eastern time to discuss its financial and operational results for the first six months of fiscal 2026 ended September 30, 2025. Financial results will be issued in a press release prior to the call.
Vantage Corp CEO Andre D’Rozario will host the conference call. To listen to the audio webcast, please visit Vantage Corp’s Investor Relations website at https://www.vantageshipbrokers.com/investors or use the webcast link below. A replay of the webcast will also be available on Vantage Corp’s Investor Relations website shortly after the call.
Conference Call and Webcast
Date/Time: Wednesday, January 21, 2026, at 8:30 a.m.
Dial-In: https://register-conf.media-server.com/register/BI8f2aca1110b741a89fd5d8eb14b9386f
Webcast: https://edge.media-server.com/mmc/p/3hgg2yrt
About Vantage Corp
Eastern time Founded in 2012 by five seasoned shipbrokers, Vantage Corp provides comprehensive shipbroking services, including operational support and consultancy services, in the tanker markets, covering clean petroleum products (“CPP”) and petrochemicals, dirty petroleum products (“DPP”), biofuels and vegetable oils. Vantage Corp also has a sales & projects team, a research/strategy team and an IT team. Vantage over the years has emerged as a trusted intermediary and a pivotal link between oil companies, traders, shipowners, and commercial managers, ensuring smooth logistical flow for cargo deliveries to timely demurrage and claims settlements. Through its 100%-owned subsidiary Vantage (BVI) Corporation, Vantage Corp operates a growing network of regional subsidiaries, including Vantage Shipbrokers Pte Ltd (Singapore), Vantage Nexus Commercial Brokers Co., L.L.C (UAE), and PJ Marine Singapore Pte. Ltd. Vantage Corp listed on the NYSE American on 12 June 2025. For more information, visit https://www.vantageshipbrokers.com/.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s future performance, outlook, strategies and general business conditions. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Vantage’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These 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 with 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.
Investor Relations
John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
VNTG@gateway-grp.com