US Market News
5日前
FST Corp. Establishes $10.4 Million At-the-Market Equity Offering ProgramJuly 2, 2026 12:37 PM
NewsfileBoulder, Colorado--(Newsfile Corp. - July 2, 2026) - FST Corp. (NASDAQ: KBSX) ("FST", or the "Company"), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced it has established an at-the-market equity offering program (the "ATM Program") pursuant to which the Company may from time to time issue and sell its ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), having an aggregate offering price of up to $10,400,000.Sales of Ordinary Shares under the ATM Program, if any, will be made pursuant to an At The Market Offering Agreement, dated June 28, 2026 (the "Sales Agreement"), with H.C. Wainwright & Co., LLC ("Wainwright"), acting as the Company's sales agent or principal. Sales may be made by any method deemed to be an "at the market offering" as defined in Rule 415(a)(4) under the Securities Act of 1933, as amended (the "Securities Act"), including sales made directly on or through the Nasdaq Global Market, the existing trading market for the Ordinary Shares, sales made to or through a market maker other than on an exchange or otherwise, directly to Wainwright as principal, in negotiated transactions at prevailing market prices at the time of sale or at prices related to such prevailing market prices, and/or any other method permitted by law. Wainwright will be entitled to a fixed commission of 3.0% of the gross proceeds of any Ordinary Shares sold under the Sales Agreement. Wainwright is not obligated to sell any specific number or dollar amount of Ordinary Shares, and the Company is not obligated to sell all or any shares under the ATM Program; the Company may suspend or terminate the program at any time.The ATM Program provides the Company with additional financial flexibility and allows FST to access the capital markets opportunistically, subject to market conditions. FST intends to use the net proceeds from the ATM Program for working capital and general corporate purposes, including supporting the continued growth of its business, expanding its global sales and distribution capabilities to support customer demand, investing in new product development and commercialization, and enhancing its marketing and brand initiatives. The Company also may use a portion of the net proceeds to support strategic business development initiatives, including potential acquisitions, investments, joint ventures, or commercial partnerships believed to complement its business, products, and long-term growth strategy,"Establishing this ATM Program gives FST added financial flexibility to raise capital efficiently as we execute on our growth strategy," said FST Chief Executive Officer David Chuang, "It also strengthens our balance sheet and positions the Company to continue building the KBS brand on a global scale, all while creating long-term value for our shareholders."The ATM Program will be conducted pursuant to a prospectus supplement and an accompanying base prospectus filed with the U.S. Securities and Exchange Commission (the "SEC"). The Company has filed a registration statement on Form F-3, including a base prospectus, and a prospectus supplement with the SEC relating to the ATM Program. Prospective investors should read the prospectus supplement and the accompanying prospectus, together with the documents incorporated by reference therein, for more complete information about the Company and the ATM Program. Copies of the prospectus supplement and the accompanying prospectus relating to these securities are available on the SEC's website at www.sec.gov or may be obtained from H.C. Wainwright & Co., LLC, 430 Park Avenue, 3rd Floor, New York, NY 10022, or by telephone at (212) 356-0500.About FST Corp.Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets.Forward-Looking StatementsThis press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.Company Contact:FST Corp.
1801 13th Street, Suite 306
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.com Investor Relations Inquiries:Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: ir@skylineccg.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303768 Original: FST Corp. Establishes $10.4 Million At-the-Market Equity Offering Program
US Market News
1月前
FST Corp to Attend and Present at the Planet MicroCap Las Vegas Powered by MicroCapClub, June 17-18, 2026June 3, 2026 8:30 AM
NewsfileBoulder, Colorado--(Newsfile Corp. - June 3, 2026) - FST Corp. (NASDAQ: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that it will be presenting at the Planet MicroCap Las Vegas 2026 Powered by MicroCapClub on Wednesday, June 17, 2026, at 11:30 AM PST at the Bellagio Resort & Hotel. Sebastian Tadla, Chief Financial Officer, and Kathee Lin, VP of Investor Relations at FST Corp, will host the presentation and answer questions at the conclusion.To access the live presentation, please use the following information: Planet MicroCap Las Vegas 2026 Powered by MicroCapClubDate: Wednesday, June 17, 2026
Time: 11:30 AM PST
Webcast Link
Booth Number: 424 – FST Corp. If you would like to book 1x1 investor meetings with FST Corp. and to attend the Planet MicroCap Las Vegas 2026, please make sure you are registered here: REGISTER1x1 meetings will be scheduled and conducted in person at the conference venue: Bellagio Resort & Hotel in Las Vegas, NV.The Planet MicroCap Las Vegas 2026 website is available here: HOME PAGEIf you can't make the live presentation, all company presentations "webcasts" will be available directly on the conference event platform on this link under the tab "Agenda": AGENDAAbout FST Corp.Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets. About Planet MicroCapPlanet Microcap hosts the highest quality microcap in-person events in North America. The mission is to bring the best microcap investors, companies, and allocators together to gather, connect, and grow. For more information about Planet MicroCap, please visit: https://planetmicrocap.com/ About MicroCapClubMicroCapClub is an exclusive forum for experienced microcap investors to share and discuss microcap companies (sub $1 billion market cap) trading on global markets. Since 2011, our members have profiled 1500+ microcap companies, 300+ have turned into multi-baggers. Investors can join our community by applying to become a member or subscribing to gain instant access. For more information, visit https://microcapclub.com/.Forward-Looking StatementsThis press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.comInvestor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: ir@skylineccg.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/299875 Original: FST Corp to Attend and Present at the Planet MicroCap Las Vegas Powered by MicroCapClub, June 17-18, 2026
US Market News
2月前
FST Corp. Expands European Presence With the Opening of a New UK OfficeMay 21, 2026 8:00 AM
NewsfileBoulder, Colorado--(Newsfile Corp. - May 21, 2026) - FST Corp. (NASDAQ: KBSX) ("FST", or the "Company), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced the opening last month of its new United Kingdom office, a move designed to deepen the Company's presence in the UK and the European Union golf markets.Located at Full Swing Office Park in Wokingham, England, the office serves as a combined marketing, education, and logistics hub for FST's European operations. The office, manned by a dedicated team including a certified fitter, tour representative, and a UK territory sales manager, will primarily focus on sales development and customer service, including direct engagement with distributors and over 500 retail golf shops in the UK. Going forward, said the Company, FST will expand these efforts to target European retailers, many of which operate on a "heads-only" model, purchasing club heads separately and sourcing shafts and grips independently. This model, said chief executive David Chuang, creates an opportunity for FST to supply these European retailers with shafts directly or through FST's established distributor network.The Company's new UK office, he said, will also support players on the DP World Tour, maintain Tour stock inventory, and facilitate OEM liaison work and EU program development with regional equipment partners. Mr. Chuang added that the new UK facility features a golf simulator with fitting capabilities used for demonstrations and education, along with a small warehouse space to support European tour operations and limited shipping throughout the region.The United Kingdom is currently the fourth-largest golf market in the world, behind the United States, Japan, and Korea. FST has experienced steady growth in the region in recent years and, with local representation now in place and the new UK operational office, Mr. Chuang said the Company anticipates double-digit revenue growth in the region in 2026."This expansion strategically complements our existing positions in Korea and Japan, further diversifying our international footprint while strengthening our connection with European fitters, distributors, pro shops, and small OEM customers," said Mr. Chuang.While large OEM programs continue to be managed centrally through FST's U.S. corporate offices, the CEO said, the UK operation enables direct relationship management for smaller, local OEM programs. This localized engagement, he stated, is expected to generate "significant incremental revenue while strengthening FST and KBS brand awareness among distributors, fitters, and pro shops across the region."About FST Corp.
Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets.Forward-Looking Statements
This press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.comInvestor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: ir@skylineccg.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/298082 Original: FST Corp. Expands European Presence With the Opening of a New UK Office
US Market News
3月前
FST Corp. Announces 31% Revenue Increase, Bottom Line Improvement for Fiscal Year 2025; Conference Call/Webcast Wednesday, April 22nd at 8 amApril 21, 2026 4:30 PM
NewsfileBoulder, Colorado--(Newsfile Corp. - April 21, 2026) - FST Corp. (NASDAQ: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced its audited financial results for the fiscal year ended December 31, 2025.Revenue was $47,969,791, a 31 percent increase from revenue of $36,499,644 for the year ended December 31, 2024. This improvement was primarily due to increased sales of the Company's steel shafts to OEM partners and the growth of its KBS graphite shafts. These shafts accounted for more than half of the Company's incremental revenue in 2025. During that year, 97.2 percent of FST's revenue came from sales of golf shafts, 2.2 percent from sales of sports accessories, food and beverage, and 0.6 percent from software service, compared with 96.8, 2.6, and 0.6 percent, respectively, in 2024.Gross profit margin for 2025 remained stable at 43.0 percent, with a gross profit of $20,633,374, compared with 43.1 percent, with a gross profit of $15,713,389, for 2024. The Company had a net loss of $1,503,919, or $(.03) per share, for 2025, compared with a net loss of $3,235,175, or $(.09) per share, for 2024. This improvement in bottom-line performance was mainly the result of the Company's $11.5 million rise in revenue, offset in part by a $3.6 million, or 18.6 percent, increase in total costs and operating expenses during 2025. This $3.6 million increase comprised rises of $1.75 million in selling expenses resulting from increased marketing efforts to enhance brand visibility and market penetration, including hosting the inaugural KBS Open Golf Tournament and other promotional events; $1.66 million in general and administrative expenses, primarily due to additional listing-related expenses following the Company's January 2025 business merger; and $195,000 in R&D expenses, primarily attributable to a payroll increase for R&D personnel.Other factors contributing to an improved bottom line performance in 2025 were a $909,000 unrealized gain on change in fair value of OET derivative liability and a $599,000 gain on change in fair value of warrants versus no such gains in 2024, as well as a $730,000 income tax benefit compared with a $456,000 income tax expense during the previous year. These improvements, however, were largely offset by a $852,000 foreign exchange loss, compared with a $197,000 gain in 2024; a $772,000 decrease in other income, net; a $302,000 increase in interest expense, net; and a $64,000 loss in long-term investments versus a gain of $87,000 in 2024.The Company noted that its audited 2025 net loss of $1,503,919 represents a $5,659,635 differential from the unaudited 2025 net loss of $7,163,554 reported on February 12, 2026. This differential resulted from certain adjustments made in FST's audited 2025 financials, including: a $1,005,590 reduction in general and administrative expenses;the restatement of a change in fair value of OET derivative liability to a gain of $909,454 compared to a loss of $1,884,824 for this item in FST's unaudited financials;the restatement of income tax (benefit) expense to a benefit of $729,907 compared to an expense of $545,056 for this term in the Company's unaudited financials; and a gain on change in fair value of warrants of $599,255 that did not appear in FST's unaudited financials.As of December 31, 2025, and December 31, 2024, FST had cash and cash equivalents of $7,179,800 and $5,098,420, total assets of $60,921,557 and $58,469,702, and total liabilities of $45,370,369 and $35,471,428, respectively.For 2025 and 2024, net cash used in operating activities was $1,000,014 and $1,576,129; net cash used in investing activities was $799,196 and $4,453,899; and net cash provided by financing activities was $3,315,884 and $ 3,711,358, respectively.Weighted average number of ordinary shares was 44,477,649 for 2025 and 37,749,381 for 2024.For 2026, management is focused on expanding sales in both domestic and export markets, including launching several new product lines, securing additional OEM business with strategic partners, expanding distribution channels across multiple markets, and increasing exposure for the Company's KBS Open Golf Tournament.FST is also implementing additional cost-control measures designed to improve margins and evaluating new strategies to mitigate currency risk.The Company believes that its current liquidity, together with cash flows from operations and available credit facilities, will be sufficient to fund operating requirements for the next 12 months. "We are excited to see both our top and bottom-line performance improve sharply in 2025," said Chief Executive David Chuang. "Our robust revenue growth during the year is, we believe, a testament to the enduring quality and growing popularity of our products and our brand."Thus far in 2026, this growth has accelerated, driven by our significant inroads in several new geographic markets, including Japan and Europe, as well as by the increased sales being compiled by our expanded graphite product lines. "We're also seeing our new cost-reduction initiatives begin to deliver operational efficiencies that, together with our ascending revenue, is currently generating major improvements in our gross profit margin, operating income and net income in Q1 2026." The CEO said he expects the above trends to continue, and that the Company is currently planning to expand its production of graphite shafts to meet the increasing demand being seen in both the professional and amateur markets."We look forward to discussing these, and other operating developments, in our first quarter 2026 financial results next month."Conference Call and Live Webcast Wednesday, April 22nd at 8:00 am EasternThe Company's management will host both an earnings conference call and live webcast on these results today at 8:00 AM U.S. Eastern Time. Participants who wish to join the conference call are invited to call one of the allocated dial-in numbers below and advise the Operator on the conference Name, "FST Corp. Fiscal Year 2025 Earnings Conference Call."USA / International Toll +1 (800) 715-9871USA - Toll-Free +1 (646) 307-1963 Those participants who wish to view the live webcast may register at https://www.gowebcasting.com/14691. An audio recording of the Event will be available via the Echo Replay platform. To access the platform by phone, please dial-in using one of the numbers listed above and input Playback ID: 6261208, followed by the # key. This replay will expire on Friday, May 22nd, 2026, at 11:59 PM EDT.Additionally, the audio recording and transcript of the Event will be available on the Company's investor relations website at https://fstcorp.com/. About FST Corp.Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets. Forward-Looking Statements This press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.comInvestor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: ir@skylineccg.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/293687
Original: FST Corp. Announces 31% Revenue Increase, Bottom Line Improvement for Fiscal Year 2025; Conference Call/Webcast Wednesday, April 22nd at 8 am
US Market News
3月前
FST Corp. to Report Audited Full Year 2025 Financial Results on Wednesday, April 22; Conference Call and Live Webcast at 8 am ETApril 15, 2026 4:30 PM
NewsfileBoulder, Colorado--(Newsfile Corp. - April 15, 2026) - FST Corp. (NASDAQ: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that it will report its audited financial results for the full year 2025 on Wednesday, April 22, 2026, before market opening in the United States.The Company's management will host both an earnings conference call and live webcast on these results at 8:00 AM U.S. Eastern Time on the above date. Participants who wish to join the conference call are invited to call one of the allocated dial-in numbers below and advise the Operator on the conference Name, "FST Corp. Fiscal Year 2025 Earnings Conference Call."USA / International Toll +1 (800) 715-9871USA - Toll-Free +1 (646) 307-1963 Those participants who wish to view the live webcast may register at
https://www.gowebcasting.com/14691.An audio recording of the Event will be available via the Echo Replay platform. To access the platform by phone, please dial-in using one of the numbers listed above and input Playback ID: 6261208, followed by the # key. This replay will expire on Friday, May 22nd, 2026, at 11:59 PM EDT.Additionally, the audio recording and transcript of the Event will be available on the Company's investor relations website at https://fstcorp.com/. About FST Corp.Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets. Forward-Looking Statements This press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.comInvestor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: ir@skylineccg.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/292716
Original: FST Corp. to Report Audited Full Year 2025 Financial Results on Wednesday, April 22; Conference Call and Live Webcast at 8 am ET
US Market News
4月前
FST Corp. to Attend the 38th Annual ROTH Conference and Host KBS Golf Putter Fitting ExperienceMarch 11, 2026 8:30 AM
NewsfileBoulder, Colorado--(Newsfile Corp. - March 11, 2026) - FST Corp. (NASDAQ: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that Sebastian Tadla, Chief Financial Officer, and Kathee Lin, VP of Investor Relations, will be attending the 38th Annual ROTH Conference.Event38th Annual ROTH ConferenceDateMarch 22-24th, 2026LocationDana Point, CA In addition to attending the conference, FST Corp. will host the KBS Golf Putter Fitting Experience, an on-site activation available to conference attendees on March 23-24, 2026. The hands-on experience will feature a custom putting green setup, with professional fitters offering complimentary 15-minute demo fitting sessions to give participants a preview of the full putter-fitting experience. A display of the KBS staff bag will showcase a range of putters and shaft options available for demonstration and trial.Attendees will also have the opportunity to enter raffles for various prizes, including a premium golf bag valued at $399 and a complimentary full iron fitting valued at $195 (redeemable at the KBS Golf Experience retail location in Carlsbad, CA.)This year's event will consist of 1-on-1 / small group meetings, analyst-selected fireside chats, industry keynotes, and panels with executive management attending from hundreds of private and public companies in a variety of growth sectors, including: Business Services, Consumer, Healthcare, Industrial Growth, Insurance, Resources, Sustainability, and Technology, Media & Entertainment. As always, attendees will receive the true ROTH experience with many social components, including networking, entertainment, and athletic charity events.To learn more and submit a registration request, visit https://ibn.fm/Roth2026Registration.About FST Corp.Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets.About ROTHROTH is a relationship-driven investment bank focused on serving growth companies and their investors. Their full service platform provides capital raising, high impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, ROTH is a privately-held, employee owned organization and maintains offices throughout the U.S. For more information, please visit www.roth.com.Forward-Looking StatementsThis press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.com Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: ir@skylineccg.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288030
Original: FST Corp. to Attend the 38th Annual ROTH Conference and Host KBS Golf Putter Fitting Experience
US Market News
5月前
FST Corp. Announces Unaudited Q4 and Full Year 2025 ResultsFebruary 12, 2026 3:09 PM
NewsfileBoulder, Colorado--(Newsfile Corp. - February 12, 2026) - FST Corp. (NASDAQ: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced its unaudited financial results for both the fourth quarter and year-end periods ended December 31, 2025.For the fourth quarter ended December 31, 2025, the Company had revenue of $13,220,371, a 30 percent increase from $10,142,024 in the fourth quarter of 2024. This increase is primarily due to additional sales in the Company's OEM business across both the steel and graphite lines.Gross profit margin for the fourth quarter of 2025 was 41.6 percent, compared with 46.0 percent in the same period in 2024. This decrease was attributable to higher landed costs and a seasonal shift in the Company's product mix to include more moderate margin items. The Company had a net loss of $620,552, or $(.01) per share, for the fourth quarter of 2025, compared with a net loss of $1,554,901, or $(.04) per share, for the corresponding period a year earlier. This improvement in bottom-line performance was mainly the result of the Company's aforementioned improvement in revenue and increases of approximately $831,000 in gross profit and $1,024,000 in foreign exchange (loss) gain.FST's loss from operations for Q4 2025 was $922,233, compared with a loss from operations of $1,680,768 in the last three months of 2024.For the year ended December 31, 2025, FST had revenue of $47,968,742, a 31 percent increase from $36,499,644 for the year ended December 31, 2024. This increase is primarily due to increased market share in the steel shaft business with OEM partners and the growth of KBS graphite.Gross profit margin for 2025 remained stable at 43.0 percent, compared with 43.1 percent for 2024. The Company had a net loss of $7,163,554, or $(.16) per share, for 2025, compared with a net loss of $3,235,175, or $(.09) per share, for 2024. This decline in bottom line performance was mainly the result of higher than anticipated landed costs, loss on foreign exchange, and listing related expenses. However, after excluding $2,442,410 in listing-related general and administrative expenses, $852,183 in foreign exchange loss, and $1,884,824 in unrealized loss on change in fair value of OET derivative liability, the Company would have shown a net loss of $1,984,137 for 2025.As of December 31, 2025, and December 31, 2024, FST had cash and cash equivalents of $7,179,800 and $5,098,420, total current assets of $27,481,480 and $26,655,003, and total current liabilities of $34,654,454 and $22,113,495, respectively.For 2025 and 2024, net cash used in operating activities was $369,452 and $1,576,129; net cash used in investing activities was $1,261,681 and $4,453,899; and net cash provided by financing activities was $3,315,884 and $ 3,711,358, respectively.Weighted average number of ordinary shares was 44,766,003 for 2025 and 37,749,381 for 2024.For 2026, management is focused on expanding sales in both domestic and export markets, Including the launch of new product lines in Q1 and Q2, securing additional OEM business with strategic business partners, expanding distribution channels in Asia and Europe, and increasing exposure of the Company's KBS Open Golf Tournament.FST is also evaluating the implementation of additional cost-control measures to improve margins and new strategies to mitigate currency risk.The Company believes that its current liquidity, together with cash flows from operations and available credit facilities, will be sufficient to fund operating requirements for the next 12 months. "We are excited to see our revenue grow strongly in both the fourth quarter and full-year 2025 period," said Chief Executive David Chuang. "It's also worth noting that, after putting aside our IPO-related expenses, foreign exchange loss, and OET derivative liability for 2025, our bottom line for the year would have shown a net loss of $1,984,137."Thus far in Q1 2026, we see our growth continuing strongly, with new inroads in several new geographic markets as well as in our expanded graphite product lines. We're also implementing key strategic cost-reduction initiatives, which we anticipate will result in meaningful improvements in our gross profit and total operating income. "We look forward to sharing additional details of this progress when we report our audited 2025 results in April."About FST Corp.Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets. Forward-Looking Statements This press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.comInvestor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/283749
Original: FST Corp. Announces Unaudited Q4 and Full Year 2025 Results
US Market News
5月前
FST Corp. To Present at Noble Capital Markets Emerging Growth Virtual Equity Conference on February 4-5, 2026January 28, 2026 1:30 PM
NewsfileBoulder, Colorado--(Newsfile Corp. - January 28, 2026) - FST Corp. (NASDAQ: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that its CFO, Sebastian Tadla, and VP of Investor Relations, Kathee Lin, will present at Noble Capital Markets' Emerging Growth Virtual Equity Conference on Wednesday, February 4 at 1:30 PM Eastern Standard Time. The formal presentation will feature a fireside-style Q&A session, with questions welcome from the live virtual audience. Scheduled 1x1 meetings with Sebastian Tadla and Kathee Lin are also available for registered, qualified investor attendees.Attendees interested in viewing the live presentation can register for this event at no cost, here: Virtual Equity Conference Registration.Qualified investors wishing to meet 1x1 with company management can reach out to Giorgia Pigato at Noble Capital Markets at gpigato@noblecapitalmarkets.com. A video webcast of the presentation will be available following the event on the Company's website, www.fstcorp.com, and as part of a complete catalog of presentations available on Channelchek, www.channelchek.com, the investor portal created by Noble. The webcast will be archived on the company's website and on Channelchek.com for 90 days following the event. About FST Corp.Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets.About Noble Capital MarketsEstablished in 1984, Noble Capital Markets is an SEC / FINRA-registered full-service investment bank and advisory firm with an award-winning research team and proprietary investor distribution platform. We deliver middle market expertise to entrepreneurs, corporations, financial sponsors, and investors. Over the past 40 years, Noble has raised billions of dollars for companies and published more than 45,000 equity research reports.About ChannelchekNoble launched www.channelchek.com in 2018 – an investor community dedicated exclusively to public emerging growth companies and their industries. Channelchek is the first service to offer institutional-quality research to the public, for FREE at every level without a subscription. More than 7,000 public emerging growth companies are listed on the site, and content including equity research, webcasts, and industry articles.Forward-Looking StatementsThis press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.com Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281835
Original: FST Corp. To Present at Noble Capital Markets Emerging Growth Virtual Equity Conference on February 4-5, 2026
makinezmoney
1年前
$KBSX: Golf Steel Shafts.............. small bounce $1.50
Watching to see if it can make up all this diver down.
Started really sliding from $6
GO $KBSX
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Femco Steel Technology Co., Ltd. Announces Opening of Taipei Flagship Store for Its Propriety Brand KBS
August 01, 2024 05:00 ET
| Source: Femco Steel Technology Co., Ltd.
Share
Taipei, Taiwan, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Femco Steel Technology Co., Ltd. (“FST” or the “Company”), an innovative golf shaft manufacturer in a proposed business combination (the “Business Combination”) with, among others, Chenghe Acquisition I Co. (Nasdaq: LATG) (“Chenghe”), announces that its proprietary brand KBS, a renowned golf club shaft brand and lifestyle innovator, today celebrated the grand opening of its flagship store in Taipei, ushering in a new era of exceptional golfing experiences. This impressive 5,000 square-foot destination, strategically located in the heart of the city’s prestigious commercial district, represents a significant milestone in KBS’s commitment to elevating the game of golf for players of all levels.
“This flagship store is the embodiment of our relentless pursuit to provide golfers with unparalleled innovations that enhance their passion for the sport,” said David Chuang, CEO and Chairman of FST. “From PGA professionals to devoted amateurs, the KBS Golf Experience Taipei has been meticulously crafted to cater to the unique needs and desires of every golfer who walks through our doors.”
The store’s design seamlessly blends premium materials and state-of-the-art technology, creating a truly immersive customer journey. Showcasing FST’s KBS core product lineup, including shafts crafted from premium steel, composite materials, and fibers, the store also features a curated selection of golf accessories and lifestyle items, allowing customers to fully embrace the KBS lifestyle.
Dedicated fitting and retrofitting stations, equipped with the latest diagnostic tools, empower golfers to fine-tune their equipment for optimal performance. Moreover, the store boasts several advanced golf simulators, providing an unparalleled opportunity for swing evaluation and analysis, enabling customers to refine their skills and unlock their true potential on the course.
“Innovation has always been at the heart of KBS, and this flagship store is a testament to our unwavering commitment to elevating the golfing experience,” said Kim Braly, Head of Design at KBS. “From the moment you step through our doors, you’ll be immersed in a world where tradition and technology seamlessly converge, creating an unparalleled haven for golf enthusiasts.”
Complementing the exceptional product and service offerings, the KBS Golf Experience Taipei features a dedicated bar and lounge area, providing a vibrant social hub where golfers can gather, share stories, and connect with like-minded individuals. This unique blend of premium golf experiences and a dynamic community setting sets the stage for an unmatched exploration of the sport.
The grand opening celebration on August 1, 2024, at 2:00 PM, will officially unveil this exceptional golf destination to the public, inviting golfers to discover the endless possibilities that await them at the KBS Flagship Store in Taipei.
FST Corp. and Femco Steel Technology Co., Ltd.
For media inquiries, please contact:
Kathee Lin
Email: kathee.lin@fstshafts.com