In the past year, Creative Global Technology Holdings Limited earned $42.9 million in revenue and $2.8 million in profit. The company has a market cap of $95.6 million.
Benjamin Securities is the underwriter for their IPO.
Creative Global Technology Holdings Limited describes itself: “Consumer electronics don’t last forever, yet many still have usable life left. We connect the supply and demand for recycled electronics to support a circular economy, reducing waste. Founded in 2016, our operating entity, CGTHK, sources pre-owned electronics like smartphones and tablets from developed countries for wholesalers in Southeast Asia. Although we’ve branched into retail and leasing since 2021, over 90% of our 2022 revenue came from wholesale.”
Creative Global Technology Holdings Limited is a Cayman Islands holding company with its main operations run by CGTHK, located in Hong Kong. Investors are purchasing shares in the holding company, not directly in the operating entity.
Note: Revenue and profit figures are for the year ending March 31, 2024. Recent IPO filings show changes in book-runners and listing exchanges, with reduced shares for sale to raise funds.
Founded in 2016, the company has 16 employees and is located at Unit 03, 22/F, Westin Centre, 26 Hung To Road, Kwun Tong, Kowloon, Hong Kong. Contact: +852 2690 9121 or visit cgt-electronics.com.
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