QNMENasdaqArrangement of Transportation of Freight & CargoUS GAAP · USD

Quanome Technologies, Inc.

Quanome Technologies, Inc. is a U.S.-based integrated cross-border supply chain provider focused on freight moving between Asia and the United States, particularly China and South Korea. Its services combine ocean and air freight forwarding, consolidation, customs clearance, warehousing, distribution, and U.S. domestic ground transportation, alongside a China-based pharmaceutical distribution business operated through Hupan Pharmaceutical.

Liikevaihto5,9milj. USD
+111,8 %v/v
Liikevoitto (EBIT)−10,2milj. USD
−105,5 %v/v
EBIT-marginaali−174,2%
+5,3 %-yks.v/v
Nettotulos−9,5milj. USD
−80,8 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2023–2026

−20−1001020milj. USD2023: 13 milj. USD2023: EBIT 0,25 milj. USD20232024: 18 milj. USD2024: EBIT −0,53 milj. USD20242025: 2,8 milj. USD2025: EBIT −5,0 milj. USD20252026: 5,9 milj. USD2026: EBIT −10 milj. USD20265,9−10
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Cross-Border Ocean Freight45 %

Consolidation and forwarding of Asian consumer and industrial goods into the United States.

Cross-Border Airfreight25 %

Air cargo forwarding and related handling services for time-sensitive shipments.

Customs, Warehousing and Distribution15 %

Customs clearance, warehouse handling, repackaging, and distribution supporting freight movements.

U.S. Domestic Ground Transportation5 %

Ground delivery services connecting imported freight with U.S. business and residential destinations.

Pharmaceutical Distribution10 %

Procurement, storage, and distribution of infusion fluids, specialty drugs, and medical nutrition products in China.

Tuotteet

Raportoitu · osuus liikevaihdosta
52,0%32,5%15,5%FY2025100 %
  • Crossborder Airfreights Solutions52,0 %
  • Cross Border Ocean Freights Solutions32,5 %
  • Distribution of Pharmaceutical Products15,5 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The logistics business primarily serves Asia- and U.S.-based logistics companies that support large e-commerce platforms, social commerce platforms, and manufacturers selling Asian-made goods in the United States. These customers purchase integrated freight, customs, warehousing, and delivery services to simplify cross-border transportation and reduce supply-chain coordination requirements. The pharmaceutical business serves Chinese distributors, hospitals, clinics, and other healthcare providers, with products sourced from manufacturers and delivered through warehouses or agents. The company reported more than 400 customers and over 55,500 cross-border supply-chain orders as of June 30, 2025.

Asia- and U.S.-based Logistics Companies

Buy outsourced freight forwarding, customs, warehousing, and delivery capacity for their end customers.

E-commerce and Social Commerce Platforms

Use integrated cross-border logistics to move high volumes of Asian consumer goods into U.S. markets.

Manufacturers and Importers

Purchase transportation and supply-chain coordination for consumer and industrial products made in Asia.

Chinese Pharmaceutical Distributors

Purchase infusion fluids, prescription products, and medical nutrition products for downstream distribution.

Hospitals, Clinics, and Healthcare Providers

Buy pharmaceutical and medical products for patient care and institutional use in China.

Strategia

The company is using its cross-border carrier, warehousing, and customs network to deepen integrated logistics services for Asia-to-U.S. trade flows. Its continuing operations are increasingly centered on Hupan Pharmaceutical, which distributes infusion products, specialty prescription drugs, and medical nutrition products through Chinese healthcare channels. Strategic priorities include expanding the customer base, improving service variety and technology-enabled execution, and managing the regulatory and working-capital requirements of pharmaceutical distribution. The company has also evaluated digital-asset opportunities through newly formed entities, although no such business had commenced and no concrete operating plan had been adopted in the cited report.

Expand the customer baseLyhyt aikaväli

Customer growth supports order volumes and utilization of the integrated service network.

Increase logistics service breadthKeskipitkä aikaväli

Combining forwarding, customs, warehousing, and delivery can improve customer retention and service value.

Scale pharmaceutical distribution in ChinaKeskipitkä aikaväli

The segment adds a healthcare distribution channel but requires regulatory and inventory controls.

Strengthen technology and operating controlsKeskipitkä aikaväli

Data security, shipment coordination, and service reliability are important competitive factors in fragmented freight markets.

Maantiede

Q4/2025

Quanome was founded in Chicago, Illinois, and its logistics network connects Asian origin markets with customers and delivery destinations across the United States. China and South Korea are identified as strategic Asian markets, while the company has used global freight carriers, domestic ground carriers, and regional warehousing facilities to serve U.S. shipments. Its logistics operations have delivered freight to thousands of business and residential addresses in approximately 48 U.S. states. Hupan Pharmaceutical is headquartered in Wuhan, China, and its pharmaceutical customers and distribution activity are concentrated in the Chinese market.

Asia93 %
USA6,8 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Quanome operates in fragmented and highly competitive freight markets where larger providers may have greater financial resources, brand recognition, and carrier access. Its cross-border model is exposed to transportation capacity, customs rules, trade restrictions, tariffs, geopolitical conditions, and changes in carrier or supplier performance. The pharmaceutical expansion adds Chinese healthcare regulatory, product-quality, inventory, and working-capital risks, while China-centered operations create foreign-exchange exposure and customer-collection risk. The business also carries lease, loan, and convertible-note obligations that can constrain financial flexibility.

Järjestetty vakavuuden mukaan
Transportation carrier dependencyKorkea

The company relies on global freight carriers and domestic ground carriers for delivery capacity and execution.

KohdistuuOceanAirU.S. ground transportation
Customs and trade-policy changesKorkea

Cross-border shipments can be affected by customs modernization, quotas, trade accords, tariffs, and governmental restrictions.

Kohdistuu: Asia-to-U.S. freight flows

Pharmaceutical regulatory complianceKorkea

Medical-product handling and distribution require compliance with heightened healthcare, safety, storage, and quality requirements.

Kohdistuu: Chinese pharmaceutical operations

Pharmaceutical inventory and working capitalKorkea

The company purchases products, holds them in designated warehouses, and may face cash strain before customer collection.

Kohdistuu: Pharmaceutical product inventory

Competitive pressureKorkea

Freight forwarding is fragmented, and competitors may have greater scale, technology investment, or customer recognition.

Kohdistuu: Cross-border logistics services

Foreign exchange and receivables collectionKeskitaso

China operations are reported in U.S. dollars while customers may pay in Renminbi and main customer terms extend 60-90 days.

Kohdistuu: Renminbi and customer receivables

Kirjanpito

Harkinnanvaraiset erät
Common stock warrants

Warrants are assessed under ASC 480 and ASC 815 as equity- or liability-classified instruments.

Vaikutus: Liability classification can create fair-value changes through reported earnings.

Pharmaceutical revenue recognition

The company purchases products from manufacturers and delivers them to distributors, hospitals, clinics, or other specified locations.

Vaikutus: Delivery terms, rebates, discounts, and principal-versus-agent judgments affect revenue timing and amount.

Inventory and cost of revenue

Pharmaceutical operations hold products in designated warehouses before customer delivery.

Vaikutus: Inventory valuation, product costs, and potential obsolescence affect gross profit and working capital.

Foreign-currency translation

The company operates primarily in China but reports in U.S. dollars.

Vaikutus: Renminbi movements can change reported revenue, assets, liabilities, and profitability.

Receivables and collectability

Main customer payment terms are generally 60-90 days, while supplier terms are approximately 60 days.

Vaikutus: Credit losses or delayed collection can reduce operating cash flow and require allowances.

Leases and acquired intangibles

Warehouse and office leases and the Hupan acquisition create recurring lease and amortization considerations.

Vaikutus: Lease measurement, depreciation, amortization, and impairment estimates affect assets and operating expenses.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026