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Tianci International Inc

tianci-ciit.com

What Do They Do?

Arranges ocean freight forwarding and related shipping services for cargo owners, cargo agents, and international trade companies.

How Do They Make Money?

Most revenue comes from global logistics: customers pay for each shipment based on its volume, weight, and shipping time, when freight reaches the destination port and the customer accepts it. Software maintenance is sold through fixed-duration subscriptions.

revenue
SegmentShareRevenue
Electronic Device Hardware Components Sales
Sold outright
0.0%
FY2022: 66%
Software And Website Development Services
Sold outright
0.0%
FY2022: 0.0%
Software Maintenance And Business Promotion Services
Recurring
0.0%
FY2022: 32%
Business Consulting Services
Sold outright
3.0%
FY2022: 0.0%
Global Logistics Services
Sold outright

97%

Who Are Their Customers?

Cargo owners and agents, international trade companies, and large commodity buyers use Roshing for shipping; customers inquire with Roshing and enter written shipping contracts directly.

Customers above 10% of revenue, FY2025
of revenue from two customers (42%, 27%)
FY2024: 84% from three customers

Do Revenues Turn Into Profits?

No. It lost $2.6M in FY2025.

Operating income, FY2025
−29% of revenue
▼ Now a loss vs FY2024 ($168.3K, 2%)
Net income, FY2025
−28% of revenue
▼ Now a loss vs FY2024 ($54.5K, 1%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Apr 30, 2026
Revenue
▲ +121%
vs $1.9M in Q3 FY2025
Net income
▲ Now profitable
vs −$948K in Q3 FY2025
Global Logistics Services share of revenue vs 97.6% in Q3 FY2025
  • Sep 30, 2026 Forms a Singapore subsidiary to expand mineral trading The company intends to use the subsidiary to expand its mineral trading business in Asia.
  • Sep 12, 2026 Plans a cryptocurrency computing project with BTC Digital The parties describe their memorandum as non-binding and plan to advance the project in phases.
  • Sep 9, 2026 Agrees with BTC Digital to host cryptocurrency mining machines BTC Digital will host, install, test, and maintain machines Tianci contracted to buy.
  • Aug 24, 2026 Agrees to buy cryptocurrency mining equipment A subsidiary agreed to buy equipment and plans to enter the cryptocurrency mining business.

From shell company to logistics The older report described Tianci as a shell company seeking a business combination; the latest report describes Roshing providing ocean freight forwarding and related logistics services.

Mineral trading plans The latest report describes preparations to trade chrome and manganese ore and link mineral distribution with shipping; the older report described a blank-check company seeking a business combination.

Revenue over time
Electronic Device Hardware Components Sales Software And Website Development Services Software Maintenance And Business Promotion Services Business Consulting Services Global Logistics Services Technical Consulting And Training Services
$10M$5M$0

Who Do They Compete With?

Competes with Maersk, Mediterranean Shipping, CMA CGM Group, DHL, FedEx, Oldendorff Carriers, Pacific Basin, and Star Bulk Carriers

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