VNTGNYSEArrangement of Transportation of Freight & CargoUS GAAP · USD

Vantage Corp (Singapore)

Vantage Corp is a Singapore-based shipbroking and maritime services company focused on the tanker markets. Through its operating subsidiaries, it arranges cargo transportation and provides operational support and consultancy services for clean petroleum products, petrochemicals, dirty petroleum products, biofuels, and vegetable oils.

Liikevaihto17,8milj. USD
−4,4 %v/v
Liikevoitto (EBIT)−0,8milj. USD
−118,9 %v/v
EBIT-marginaali−4,7%
−28,3 %-yks.v/v
Nettotulos−1,3milj. USD
−134,3 %v/v
Vapaa kassavirta−4,7milj. USD
−363,5 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2023–2026

−50510152025milj. USD2023: 24 milj. USD2023: EBIT 6,3 milj. USD20232024: 20 milj. USD2024: EBIT 5,8 milj. USD20242025: 19 milj. USD2025: EBIT 4,4 milj. USD20252026: 18 milj. USD2026: EBIT −0,83 milj. USD202618−0,83
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Shipbroking55 %

Intermediating cargo fixtures between oil companies, traders, shipowners, and managers.

Operational Support20 %

Voyage support services that help manage logistics, execution, and coordination.

Consultancy Services15 %

Market and commercial advisory services for tanker shipping participants.

Claims and Demurrage Support10 %

Assistance with demurrage, claims, and settlement processes after cargo delivery.

Tuotteet

Raportoitu · osuus liikevaihdosta
75,6%16,6%FY2026100 %
  • Freight Commission75,6 %
  • Time Charter Commission16,6 %
  • Demurrage Commission6,9 %
  • Deviation and Other Commission0,9 %

Lähde: 20-F/A FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Vantage Corp serves participants in the tanker shipping ecosystem, acting as an intermediary between cargo owners and vessel owners. Its customers include oil companies, commodity traders, shipowners, and commercial managers that need market access, fixture execution, and voyage support. The business is tied to flows in CPP, DPP, biofuels, and vegetable oils, where counterparties rely on broker expertise to arrange transport and resolve post-fixture issues.

Oil companies

Buy broking and voyage support to move refined products and petrochemicals efficiently.

Commodity traders

Use the firm to source vessels, execute fixtures, and manage cargo logistics.

Shipowners

Engage Vantage to find cargo opportunities and coordinate commercial terms.

Commercial managers

Use operational and consultancy services to manage tanker employment and execution.

Cargo settlement counterparties

Rely on the firm for demurrage and claims settlement support after delivery.

Strategia

Vantage Corp's strategy is centered on deepening its role as an intermediary in tanker freight and cargo markets while broadening services around each fixture. The company also appears to be building regional coverage and functional capabilities, including research, projects, and IT, to support customer relationships and market execution. Its operating footprint suggests a focus on network density in major shipping hubs rather than asset ownership.

Broaden tanker-market coverageKeskipitkä aikaväli

A wider coverage base helps win fixtures across CPP, DPP, biofuels, and vegetable oils.

Strengthen regional presenceKeskipitkä aikaväli

Local subsidiaries improve access to counterparties and shipping flows in key hubs.

Deepen value-added servicesLyhyt aikaväli

Operational support and consultancy can differentiate the firm beyond pure broking.

Maantiede

2025

Vantage Corp is headquartered in Singapore and operates through subsidiaries in Singapore, the UAE, Shanghai, and Hong Kong, with an additional BVI holding structure. Its business is regional and cross-border, reflecting tanker trade routes that connect Asia, the Middle East, and global commodity markets. Geography matters because brokerage relationships, shipping flows, and customer coverage are tied to major trading hubs and maritime corridors.

Singapore100 %

Riskit

Vantage Corp is exposed to tanker freight cycles, customer concentration risk, and the quality of execution across volatile commodity-linked shipping markets. Because its business depends on intermediary relationships, disputes, regulatory changes, and geopolitical disruptions in global trade routes can affect activity levels and settlement timing. It also faces execution and integration risk across its regional subsidiaries and any new business lines or acquired interests.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Tanker freight and cargo market cyclicality1Geopolitical and trade-route disruption2Customer and counterparty concentration3Claims and demurrage disputes4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Tanker freight and cargo market cyclicalityVaikutus: KorkeaTodennäköisyys: Korkea

    Brokerage activity depends on cargo volumes, vessel demand, and market liquidity.

    KohdistuuCPPDPPBiofuelsVegetable oils
  2. Geopolitical and trade-route disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Tanker flows can shift quickly with sanctions, conflict, and route changes.

    Kohdistuu: Asia-Middle East shipping lanes

  3. Customer and counterparty concentrationVaikutus: KeskitasoTodennäköisyys: Korkea

    A broker model relies on a relatively small set of oil, trading, and shipowning relationships.

  4. Claims and demurrage disputesVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Settlement timing and dispute resolution can affect working capital and client relationships.

Kirjanpito

Harkinnanvaraiset erät
Adjusted EBITDA reconciliation

Non-GAAP measures can change how underlying operating performance is viewed.

Vaikutus: Compare to net income and operating cash flow

Foreign currency translation

Operations span multiple jurisdictions and currencies.

Vaikutus: Affects comprehensive income and equity movements

Consolidation and ownership interests

The group includes multiple regional subsidiaries and acquired interests.

Vaikutus: May affect control assessment and minority interest accounting

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Vantage Corp (Singapore) (VNTG) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo