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Alpha Technology Group Limited (ATGL) 10-Year Financial Performance & Capital Metrics

ATGL • • Industrial / General
TechnologyInfrastructure SoftwareCloud Infrastructure & Data ManagementCloud Computing & Development Platforms
AboutAlpha Technology Group Limited, through its subsidiaries, provides cloud-based information technology services in Hong Kong. The company primarily offers cloud-based and customized customer relationship management and enterprise resource planning systems; web and mobile application development services; artificial intelligence powered optical character recognition services; and technological support and maintenance, and other services, such as maintaining and enhancing services for systems. It serves customers from various industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, social services, etc. The company was incorporated in 2022 and is based in Kwun Tong, Hong Kong.Show more
  • Revenue $12M +42.2%
  • EBITDA -$6M +4.8%
  • Net Income -$5M +19.7%
  • EPS (Diluted) -0.36 +33.3%
  • Gross Margin 52.27% +59.6%
  • EBITDA Margin -44.78% +33.0%
  • Operating Margin -50.62% +33.2%
  • Net Margin -44.42% +43.5%
  • ROE -15.46% +82.9%
  • ROIC -30.52% +59.9%
  • Debt/Equity 0.07 -26.1%
  • Interest Coverage -61.22 +30.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 84 (top 16%)
  • ✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Shares diluted 15.2% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y44.97%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-62.19%
5Y Avg-62.19%
3Y Avg-45.21%
Latest-17.04%

Peer Comparison

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WIXWix.com Ltd.4.6B83.7735.5012.74%7.2%10.44%
MSFTMicrosoft Corporation3.39T456.6633.4814.93%35.71%28.9%2.11%0.18
DOXAmdocs Limited9.1B84.2916.69-9.43%12.48%16.29%7.09%0.24
GDDYGoDaddy Inc.14.51B107.3516.647.5%17.01%9.03%8.69%5.63

Profit & Loss

Sep 2021Sep 2022Sep 2023Sep 2024
Sales/Revenue+4.06M4.42M8.69M12.35M
Revenue Growth %-0.09%0.97%0.42%
Cost of Goods Sold+2.6M3.42M5.84M5.9M
COGS % of Revenue0.64%0.77%0.67%0.48%
Gross Profit+1.46M1M2.85M6.46M
Gross Margin %0.36%0.23%0.33%0.52%
Gross Profit Growth %--0.31%1.84%1.27%
Operating Expenses+2.38M3.72M9.43M12.71M
OpEx % of Revenue0.59%0.84%1.08%1.03%
Selling, General & Admin2.38M3.4M6.53M11.11M
SG&A % of Revenue0.59%0.77%0.75%0.9%
Research & Development0000
R&D % of Revenue----
Other Operating Expenses450319.79K2.9M1.61M
Operating Income+-925.24K-2.71M-6.58M-6.25M
Operating Margin %-0.23%-0.61%-0.76%-0.51%
Operating Income Growth %--1.93%-1.42%0.05%
EBITDA+-881.07K-2.58M-5.81M-5.53M
EBITDA Margin %-0.22%-0.58%-0.67%-0.45%
EBITDA Growth %--1.92%-1.26%0.05%
D&A (Non-Cash Add-back)44.17K137.59K770.21K721.45K
EBIT-908.74K-2.5M-6.5M-5.39M
Net Interest Income+-47.74K-86.62K-74.59K-102.16K
Interest Income0000
Interest Expense47.74K86.62K74.59K102.16K
Other Income/Expense-31.24K123.83K2.55K765.92K
Pretax Income+-956.48K-2.59M-6.58M-5.49M
Pretax Margin %-0.24%-0.59%-0.76%-0.44%
Income Tax+24.55K73.32K252.41K0
Effective Tax Rate %1.03%1.03%1.04%1%
Net Income+-981.03K-2.66M-6.83M-5.49M
Net Margin %-0.24%-0.6%-0.79%-0.44%
Net Income Growth %--1.72%-1.56%0.2%
Net Income (Continuing)-981.03K-2.66M-6.83M-5.49M
Discontinued Operations0000
Minority Interest0000
EPS (Diluted)+-0.07-0.18-0.54-0.36
EPS Growth %--1.75%-2%0.33%
EPS (Basic)-0.07-0.18-0.54-0.36
Diluted Shares Outstanding15M15M13.25M15.26M
Basic Shares Outstanding15M15M13.25M15.26M
Dividend Payout Ratio----

Balance Sheet

Sep 2021Sep 2022Sep 2023Sep 2024
Total Current Assets+4.03M6.11M25.53M43.69M
Cash & Short-Term Investments1.44M2.8M3.63M41.8M
Cash Only1.44M2.8M3.63M41.8M
Short-Term Investments0000
Accounts Receivable2.13M1.35M931.19K1.32M
Days Sales Outstanding192.11111.2639.1138.92
Inventory0000
Days Inventory Outstanding----
Other Current Assets461K1.84M20.85M523.39K
Total Non-Current Assets+711.62K448.85K15M16.13M
Property, Plant & Equipment711.62K448.85K221.83K1.68M
Fixed Asset Turnover5.70x9.85x39.17x7.35x
Goodwill0010.18M10.18M
Intangible Assets004.61M4.09M
Long-Term Investments0000
Other Non-Current Assets000179.28K
Total Assets+4.74M6.56M40.53M59.82M
Asset Turnover0.85x0.67x0.21x0.21x
Asset Growth %-0.38%5.18%0.48%
Total Current Liabilities+3.78M9.05M20.1M6.86M
Accounts Payable0000
Days Payables Outstanding----
Short-Term Debt431.75K681.05K562.33K1.45M
Deferred Revenue (Current)1000K1000K1000K1000K
Other Current Liabilities500844.27K844.27K
Current Ratio1.07x0.67x1.27x6.37x
Quick Ratio1.07x0.67x1.27x6.37x
Cash Conversion Cycle----
Total Non-Current Liabilities+2.52M1.73M1.05M1.32M
Long-Term Debt2.15M1.47M911.27K305.49K
Capital Lease Obligations371.63K259.9K143.06K1.02M
Deferred Tax Liabilities0000
Other Non-Current Liabilities0000
Total Liabilities6.3M10.78M21.15M8.18M
Total Debt+3.25M2.52M1.73M3.42M
Net Debt1.81M-279.6K-1.9M-38.38M
Debt / Equity--0.09x0.07x
Debt / EBITDA----
Net Debt / EBITDA----
Interest Coverage-19.38x-31.33x-88.23x-61.22x
Total Equity+-1.56M-4.22M19.38M51.64M
Equity Growth %--1.71%5.59%1.66%
Book Value per Share-0.10-0.281.463.38
Total Shareholders' Equity-1.56M-4.22M19.38M51.64M
Common Stock20K20K10M54.11M
Retained Earnings-1.58M-4.24M-6.99M-12.48M
Treasury Stock0000
Accumulated OCI0016.36M10M
Minority Interest0000

Cash Flow

Sep 2021Sep 2022Sep 2023Sep 2024
Cash from Operations+-531.83K1.56M4.3M-19.6M
Operating CF Margin %-0.13%0.35%0.49%-1.59%
Operating CF Growth %-3.94%1.75%-5.56%
Net Income-981.03K-2.66M-6.83M-5.49M
Depreciation & Amortization44.17K137.59K770.21K721.45K
Stock-Based Compensation0000
Deferred Taxes0000
Other Non-Cash Items353.13K464K16.92K-90.23K
Working Capital Changes51.91K3.62M10.34M-14.74M
Change in Receivables-76.92K69.14K-210.33K-926.85K
Change in Inventory0000
Change in Payables0000
Cash from Investing+-901.24K378.73K-10.05M-82.97K
Capital Expenditures-92.07K-25.45K-48.43K-34.3K
CapEx % of Revenue0.02%0.01%0.01%0%
Acquisitions----
Investments----
Other Investing-809.17K404.18K0-48.67K
Cash from Financing+2.72M-576.62K6.87M57.85M
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid0000
Share Repurchases----
Other Financing0-38K-2.34M12.94M
Net Change in Cash----
Free Cash Flow+-623.9K1.54M4.25M-19.68M
FCF Margin %-0.15%0.35%0.49%-1.59%
FCF Growth %-3.46%1.77%-5.63%
FCF per Share-0.040.100.32-1.29
FCF Conversion (FCF/Net Income)0.54x-0.59x-0.63x3.57x
Interest Paid55.19K105.85K74.59K102.16K
Taxes Paid24.55K73.32K19.15K73.38K

Key Ratios

Metric2021202220232024
Return on Equity (ROE)---90.16%-15.46%
Return on Invested Capital (ROIC)-275.73%--76.07%-30.52%
Gross Margin35.93%22.67%32.75%52.27%
Net Margin-24.19%-60.24%-78.61%-44.42%
Debt / Equity--0.09x0.07x
Interest Coverage-19.38x-31.33x-88.23x-61.22x
FCF Conversion0.54x-0.59x-0.63x3.57x
Revenue Growth-9.02%96.55%42.17%

Revenue by Segment

2024
Software Development5.9M
Software Development Growth-

Frequently Asked Questions

Growth & Financials

Alpha Technology Group Limited (ATGL) reported $14.9M in revenue for fiscal year 2024. This represents a 267% increase from $4.1M in 2021.

Alpha Technology Group Limited (ATGL) grew revenue by 42.2% over the past year. This is strong growth.

Alpha Technology Group Limited (ATGL) reported a net loss of $9.7M for fiscal year 2024.

Dividend & Returns

Alpha Technology Group Limited (ATGL) has a return on equity (ROE) of -15.5%. Negative ROE indicates the company is unprofitable.

Alpha Technology Group Limited (ATGL) generated $4.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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