PMGC Holdings Expands Asset Base to $13.8M, a 43% Increase from 2024

Company Reports 2025 Annual Results, Deploys Capital into Manufacturing Businesses in Aerospace, Defense and IT Packaging

Mar. 30, 2026 at 11:58am

Got story updates? Submit your updates here. ›

A high-end, photorealistic studio still-life photograph featuring a polished metal gear, a sleek aerospace component, and a transparent computer chip encased in a minimalist display, conceptually representing PMGC Holdings' diversified industrial portfolio and focus on precision manufacturing.PMGC Holdings' strategic acquisitions in precision manufacturing and specialized industrial packaging position the company for growth in sectors defined by technical expertise and supply chain importance.Newport Beach Today

PMGC Holdings Inc. (NASDAQ: ELAB) today filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, reporting a 43% increase in total assets to approximately $12.87 million. This growth was driven by acquisitions of operating businesses in precision manufacturing and industrial packaging, sectors characterized by durable demand, technical specialization, and supply chain importance.

Why it matters

PMGC's strategic acquisitions position the company in industries with favorable long-term fundamentals, including growing demand for certified domestic precision manufacturers serving the aerospace and defense sectors, as well as rising investment in data center infrastructure driving need for specialized IT hardware packaging.

The details

In fiscal 2025, PMGC completed three acquisitions: Pacific Sun Packaging, a provider of custom-engineered protective packaging for semiconductors and IT hardware; AGA Precision Systems, a certified precision manufacturer serving aerospace and defense customers; and Indarg Engineering, a bolt-on acquisition that expanded AGA's machining capacity. Management believes these deals strengthen PMGC's position in sectors where reliability and high switching costs support long-term customer retention.

  • PMGC completed the acquisition of Pacific Sun Packaging on July 7, 2025.
  • PMGC completed the acquisition of AGA Precision Systems on July 18, 2025.
  • PMGC completed the acquisition of Indarg Engineering on October 26, 2025.

The players

PMGC Holdings Inc.

A diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries.

Pacific Sun Packaging, Inc.

A provider of specialized packaging solutions for semiconductor and data infrastructure components, serving over 300 commercial customers across North America's semiconductor, data center and IT supply chains.

AGA Precision Systems LLC

A certified precision manufacturer serving aerospace and defense customers, including ITAR-regulated work, specializing in high-tolerance CNC milling, turning, and machining of complex metals.

Indarg Engineering, Inc.

A bolt-on acquisition completed through PMGC's subsidiary, AGA, that expanded AGA's machining capacity and operational scale.

Northstrive Biosciences Inc.

PMGC's biopharmaceutical subsidiary, which is advancing multiple initiatives focused on muscle preservation in the context of GLP-1 receptor agonist weight loss therapies.

Got photos? Submit your photos here. ›

What’s next

Looking ahead to 2026, PMGC intends to pursue both organic and selective acquisitions that expand operational scale and deepen its presence in markets with favorable long-term fundamentals.

The takeaway

PMGC's strategic acquisitions in precision manufacturing and specialized industrial packaging position the company to benefit from growing demand in sectors characterized by technical expertise, supply chain importance, and high barriers to entry.