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Planet Image International faces margin squeeze

Planet Image International faces margin squeeze

Revenue grows but European sales decline, pressuring margins and profitability in 2024. Planet Image International, the Cayman Islands-based holding company of Aster, reported a 4.1% revenue increase to $77.3 million (€72.3 million) for the first half of fiscal 2024....
Planet Image IPO: Launching global expansion

Planet Image IPO: Launching global expansion

Planet Image International Limited announces its IPO, aiming to raise $5 million (€4.6 million) for global expansion and innovation in the toner cartridge market. Planet Image International, the Cayman Islands holding company of Aster, a manufacturer and distributor...
Planet Image IPO: Launching global expansion

Planet Image International launches Nasdaq IPO drive

Planet Image International, the Aster holding company, has launched a downsized second initial public offering (IPO) on the Nasdaq under the ‘YIBO’ symbol. Planet Image International, the Cayman Islands holding company of Aster, with major operations in...
Planet Image IPO: Launching global expansion

Aster revives Nasdaq IPO plans

The Aster holding company, Planet Image International, has filed a revised blank IPO plan with a new lead manager. Planet Image International, the Cayman Islands holding company of Aster, filed a revised blank IPO with the U.S. Securities and Exchange Commission on 17...
Planet Image IPO: Launching global expansion

Planet Image International plans $27 million IPO

Planet Image International, Cayman Islands holding company of Aster, is planning to raise $27 million (€24.45 million) via a Nasdaq IPO. According to papers filed with the U.S. Securities and Exchange Commission on 16 March 2022 Planet Image International, the Cayman...