Tianci International Inc (CIIT) Q2 2025 Earnings Report

Tianci International Inc (CIIT) reported Q2 2025 results that continue to reflect a shell company with minimal operating activity. Revenue stood at $2.08 million, with a gross margin of 3.85% and a net loss of $0.113 million (EPS -0.0077). EBITDA was negative at $0.106 million, underscoring the absence of meaningful operating leverage. The quarter’s performance is characterized by negligible profitability and ongoing near-term dependence on strategic corporate actions (primarily a merger or acquisition) to unlock intrinsic value. The balance sheet shows a cash position of $0.181 million and no long-term debt, contributing to a net cash position of approximately $0.181 million and a current ratio of 4.09, signaling liquidity resilience. Management commentary remains focused on identifying and merging with an operating company, which, if realized, could transform the company’s value proposition. In the absence of a credible target, the investment thesis hinges on corporate events rather than operating momentum.