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 | |