Skyline Builders Group Holding (SKBL) investor relations material

Company overview and business model

• Operates as a holding company incorporated in the Cayman Islands, with operations conducted through Kin Chiu Engineering Limited in Hong Kong, focusing on public civil engineering works, mainly roads and drainage projects, primarily as a subcontractor but also as a main contractor.

• Achieved Approved Public Works Contractor status in Hong Kong, enabling direct tendering for public works contracts; has a 12-year track record and stable customer relationships.

• Revenue is mainly from public sector infrastructure projects, with some private sector involvement; business is not subject to seasonality.

• The company is a “controlled company” under Nasdaq rules, with Quantum Leap Energy LLC holding 79.14% of voting power via Class B shares.

Financial performance and metrics

• Revenue for the fiscal year ended March 31, 2025 was $46.0M, down 5.8% from $48.8M in 2024, mainly due to completion of large public projects and no new private projects.

• Gross profit for 2025 was $2.92M (gross margin 6.3%), up slightly from $2.89M in 2024 (gross margin 5.9%).

• Net income for 2025 was $727K, down 21.8% from $930K in 2024, reflecting higher interest and administrative expenses.

• Cash and cash equivalents as of March 31, 2025 were $719K; accounts receivable increased to $10.0M due to new and ongoing projects.

• Bank and other borrowings increased to $12.0M as of March 31, 2025, with no material covenants and most borrowings repayable on demand.

Use of proceeds and capital allocation

• The company will not receive proceeds from the resale of shares by selling shareholders; all net proceeds go to selling shareholders.

• Approximately $7M of gross proceeds from a prior private placement were used to retire 18.5M Class A shares.

• IPO proceeds were used for working capital and general corporate purposes.