Planet Image International Ltd

yibomk.com

What Do They Do?

Makes compatible toner cartridges for laser printers and sells them to brand owners, dealers, and retail customers.

How Do They Make Money?

The company sells toner cartridges by order. Offline buyers are usually required to pay within four months after invoicing; online platforms collect payment before shipment.

revenue

Segment	Share	How money arrives
Offline sales to dealers Sold outright	47% FY2022: 51%	Sold outright
Offline sales to ODM customers Sold outright	43% FY2022: 41%	Sold outright
Online sales to retail customers Sold outright	9.8% FY2022: 8.1%	Sold outright

Who Are Their Customers?

ODM brand owners and dealers order directly from the operating subsidiaries; individuals and small businesses buy through the Walmart store.

Do Revenues Turn Into Profits?

No. It lost $8.3M in FY2025.

Operating income, FY2025

−7% of revenue

▼ Now a loss vs FY2024 ($6.9M, 5%)

Net income, FY2025

−5% of revenue

▼ Now a loss vs FY2024 ($7.1M, 5%)

Free cash flow, FY2025

−2% of revenue

▼ 0% (Loss) vs FY2024 (−$3.3M, −2%)

How Are They Changing?

Growing. Revenue grew 10% in 4 years, from $141.5M in FY2021 to $155.2M in FY2025, about 2% a year.

Revenue over time

Offline sales to dealers Offline sales to ODM customers Online sales to retail customers

$200M$100M$0

FY2021 FY2022 FY2023 FY2024 FY2025

Financial Snapshot

Last updated: 10/29/2026

Size

Revenue: N/A
Net Income: N/A

Growth FY2025

Revenue Growth
EPS Growth

Profitability

Gross Margin: N/A
Operating Margin: N/A
Net Income Margin: N/A

Cash flow

Free Cash Flow: N/A

Balance sheet Q4 FY2025

Cash
Debt to Equity

Valuation Today

Market Cap: $64.57M
P/E: N/A

Company Facts

Industry: Computer Peripheral Equipment, Nec
Founded
Headquarters

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