AMTD Digital Inc. (HKD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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AMTD Digital Inc. (HKD) stock price & volume — 10-year historical chart
AMTD Digital Inc. (HKD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
AMTD Digital Inc. (HKD) EPS & revenue vs analyst estimates — last 1 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 27, 2026 | $0.09 | $25M |
AMTD Digital Inc. (HKD) competitors in Financial services and insurance software — business model, growth, and fundamentals comparison
AMTD Digital Inc. (HKD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AMTD Digital Inc. (HKD) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Oct'23 | Oct'24 | TTM |
|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 14.55M | 167.52M | 196.05M | 331.23M | 33.07M | 390.51M | 23.45M | 89.54M |
Revenue Growth % | - | 1051.15% | 17.03% | 68.95% | -90.02% | 1081.01% | -94% | - |
Cost of Goods Sold | 9.17M | 15.17M | 48.08M | 72.92M | 9.87M | 48.11M | 5.06M | 32.12M |
COGS % of Revenue | 63% | 9.05% | 24.53% | 22.01% | 29.84% | 12.32% | 21.57% | - |
Gross Profit | 5.38M▲ 0% | 152.36M▲ 2729.5% | 25.25M▼ 83.4% | 125.37M▲ 396.5% | 23.2M▼ 81.5% | 342.4M▲ 1376.0% | 18.39M▼ 94.6% | 57.42M▲ 0% |
Gross Margin % | 37% | 90.95% | 12.88% | 37.85% | 70.16% | 87.68% | 78.43% | 64.13% |
Gross Profit Growth % | - | 2729.54% | -83.43% | 396.49% | -81.5% | 1376% | -94.63% | - |
Operating Expenses | 16.59M | 29.66M | 8.56M | 95.32M | 6.68M | 46.97M | 6.28M | 87.15M |
OpEx % of Revenue | 114% | 17.71% | 4.36% | 28.78% | 20.19% | 12.03% | 26.76% | - |
Selling, General & Admin | 4.19M | 6.69M | 7.4M | 3.53M | 13.41M | 46.97M | 575K | 15.92M |
SG&A % of Revenue | 28.8% | 3.99% | 3.78% | 1.07% | 40.57% | 12.03% | 2.45% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - |
Other Operating Expenses | 12.4M | 22.97M | 1.15M | 91.79M | -6.74M | 0 | 5.7M | 2M |
Operating Income | 521.95K▲ 0% | 144.02M▲ 27492.9% | 133.4M▼ 7.4% | 224.78M▲ 68.5% | 14.63M▼ 93.5% | 295.43M▲ 1919.4% | 12.12M▼ 95.9% | 30.03M▲ 0% |
Operating Margin % | 3.59% | 85.97% | 68.04% | 67.86% | 44.24% | 75.65% | 51.67% | 33.54% |
Operating Income Growth % | - | 27492.9% | -7.38% | 68.5% | -93.49% | 1919.37% | -95.9% | - |
EBITDA | -7 | 0 | 138.3M | 231.42M | 16.62M | 317.53M | 17.76M | 33.8M |
EBITDA Margin % | 0% | - | 70.54% | 69.87% | 50.26% | 81.31% | 75.73% | 37.75% |
EBITDA Growth % | - | 100% | - | 67.33% | -92.82% | 1810.78% | -94.41% | - |
D&A (Non-Cash Add-back) | -521.95K | -144.02M | 4.9M | 6.64M | 1.99M | 22.1M | 5.64M | 3.77M |
EBIT | 152.21K | 18.8M | 125.21M | 218.14M | 45.82M | 222.49M | 52.79M | 12.56M |
Net Interest Income | 22.31K | 0 | 18K | 743K | 14.75M | 87.41M | 9.69M | 23.23M |
Interest Income | 22.31K | 0 | 18K | 743K | 15.95M | 87.41M | 20.02M | 23.23M |
Interest Expense | 0 | 0 | 0 | 0 | 1.2M | 0 | 10.33M | 0 |
Other Income/Expense | 2.3M | -120.53M | 63.18M | 1.77M | 30M | 217.54M | 30.34M | 151.3M |
Pretax Income | 22.15M▲ 0% | 182.02M▲ 721.8% | 196.49M▲ 7.9% | 226.52M▲ 15.3% | 44.63M▼ 80.3% | 512.98M▲ 1049.5% | 42.46M▼ 91.7% | 166.1M▲ 0% |
Pretax Margin % | 152.2% | 108.65% | 100.22% | 68.39% | 134.96% | 131.36% | 181.08% | 185.51% |
Income Tax | 606.94K | 23.71M | 24.64M | 3.03M | 4.49M | 31.16M | 785K | 12.57M |
Effective Tax Rate % | 2.74% | 13.03% | 12.54% | 1.34% | 10.05% | 6.07% | 1.85% | 7.57% |
Net Income | 17.6M▲ 0% | 151.34M▲ 759.9% | 178.09M▲ 17.7% | 215.72M▲ 21.1% | 41.74M▼ 80.7% | 499.88M▲ 1097.7% | 44.44M▼ 91.1% | 160.35M▲ 0% |
Net Margin % | 120.94% | 90.34% | 90.84% | 65.13% | 126.22% | 128.01% | 189.54% | 179.08% |
Net Income Growth % | - | 759.91% | 17.67% | 21.13% | -80.65% | 1097.68% | -91.11% | - |
Net Income (Continuing) | 2.75M | 20.43M | 171.93M | 202.77M | 40.14M | 481.82M | 41.67M | 160.35M |
Discontinued Operations | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 27.11M | 0 | 25.22M | 19.73M | 63.16M | -68.6M | 140.29M | 49.86M |
EPS (Diluted) | 0.10▲ 0% | 0.86▲ 795.8% | 1.32▲ 53.5% | 1.26▼ 4.5% | 0.22▼ 82.5% | 2.61▲ 1086.4% | 0.23▼ 91.2% | 0.84▲ 0% |
EPS Growth % | - | 795.83% | 53.49% | -4.55% | -82.54% | 1086.36% | -91.19% | - |
EPS (Basic) | 0.10 | 0.86 | 1.32 | 1.26 | 0.23 | 2.61 | 0.23 | - |
Diluted Shares Outstanding | 185.05M | 177.03M | 132.32M | 169.02M | 185.52M | 191.64M | 191.64M | 191.64M |
Basic Shares Outstanding | 185.05M | 177M | 132.32M | 168.95M | 185.4M | 191.51M | 191.51M | 191.51M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - |
AMTD Digital Inc. (HKD) balance sheet — assets, liabilities & shareholders' equity
| Metric | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Oct'23 | Oct'24 | TTM |
|---|---|---|---|---|---|---|---|---|
Total Current Assets | 5.71B | 3.39B | 2.66B | 2.98B | 319.5M | 3.53B | 84.55M | 453.46M |
Cash & Short-Term Investments | 341.04M | 196.18M | 416.4M | 15.82M | 162.96M | 141.48M | 40.69M | 141.48M |
Cash Only | 5.76M | 196.18M | 416.4M | 112.49M | 153.72M | 1.06B | 28.57M | 135.76M |
Short-Term Investments | 335.28M | 0 | 0 | 0 | 9.24M | 1.96M | 12.12M | 5.72M |
Accounts Receivable | 681.57M | 408.26M | 284.38M | 2.56B | 16.69M | 7.31M | 51.66M | 232.04M |
Days Sales Outstanding | 17.09K | 889.52 | 529.44 | 2.82K | 184.22 | 6.83 | 804.12 | 668.76 |
Inventory | 0 | 0 | 0 | 0 | 134.02M | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | 4.96K | - | - | - |
Other Current Assets | 40.29M | 2.78B | 1.95B | 396.75M | 5.2M | 3.37B | -9.37M | 79.95M |
Total Non-Current Assets | 183.52M | 208.67M | 408.79M | 245.3M | 342.17M | 680.28M | 418.38M | 266.33M |
Property, Plant & Equipment | 0 | 0 | 155.28K | 125.54K | 238.6M | 544.57M | 274.45M | 175.11M |
Fixed Asset Turnover | - | - | 1262.55x | 2638.45x | 0.14x | 0.72x | 0.09x | 0.87x |
Goodwill | 0 | 0 | 58.67M | 58.67M | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 40.41M | 35.03M | 136K | 2.18M | 119.25M | 279K |
Long-Term Investments | 183.52M | 208.67M | 293.94M | 150.1M | 103.26M | 133.52M | 24.68M | 368.55M |
Other Non-Current Assets | 0 | 0 | 15.61M | 1.37M | 175K | 0 | 0 | 0 |
Total Assets | 5.89B▲ 0% | 3.59B▼ 39.0% | 3.07B▼ 14.7% | 3.22B▲ 5.0% | 661.68M▼ 79.5% | 4.21B▲ 535.7% | 502.93M▼ 88.0% | 719.8M▲ 0% |
Asset Turnover | 0.00x | 0.05x | 0.06x | 0.10x | 0.05x | 0.09x | 0.05x | 0.07x |
Asset Growth % | - | -39% | -14.68% | 5.02% | -79.46% | 535.67% | -88.04% | -42.5% |
Total Current Liabilities | 5.77B | 2.3B | 135.78M | 13.65M | 139.54M | 1.25B | 162.64M | 159.3M |
Accounts Payable | 125.69K | 6.58K | 14K | 10K | 493K | 1.59M | 1.59M | 69K |
Days Payables Outstanding | 5 | 0.16 | 0.11 | 0.05 | 18.24 | 12.06 | 114.76 | 1.66 |
Short-Term Debt | 0 | 2.23B | 0 | 0 | 119.61M | 773.12M | 83.37M | 15M |
Deferred Revenue (Current) | 0 | 0 | 0 | 5.29M | 10.16M | 0 | 1.18M | 0 |
Other Current Liabilities | 5.03B | -221.47M | 116.53M | 847K | 1.46M | 472.91M | 0 | 69.29M |
Current Ratio | 0.99x | 1.48x | 19.58x | 218.03x | 2.29x | 2.83x | 0.52x | 2.85x |
Quick Ratio | 0.99x | 1.48x | 19.58x | 218.03x | 1.33x | 2.83x | 0.52x | 2.85x |
Cash Conversion Cycle | - | - | - | - | 5.12K | - | - | 667.1 |
Total Non-Current Liabilities | 0 | 0 | 38.08M | 11.08M | 1.03M | 0 | 181.53M | 50.56M |
Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 174.22M | 50.56M |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 5.65M | 0 |
Other Non-Current Liabilities | 0 | -3.26M | 38.08M | 11.08M | 0 | 0 | 1.65M | 0 |
Total Liabilities | 5.77B | 2.3B | 173.92M | 107.09M | 140.57M | 1.25B | 344.17M | 159.3M |
Total Debt | 5.77B | 2.23B | 0 | 0 | 119.61M | 773.12M | 257.78M | 65.56M |
Net Debt | 5.76B | 2.03B | -416.4M | -112.49M | -34.11M | -282.06M | 229.21M | -70.19M |
Debt / Equity | 47.22x | 1.75x | - | - | 0.23x | 0.26x | 1.62x | 0.12x |
Debt / EBITDA | - | - | - | - | 7.20x | 2.43x | 14.52x | 1.94x |
Net Debt / EBITDA | - | - | -3.01x | -0.49x | -2.05x | -0.89x | 12.91x | -2.08x |
Interest Coverage | - | - | - | - | 12.24x | - | 1.17x | - |
Total Equity | 122.1M▲ 0% | 1.27B▲ 943.4% | 2.89B▲ 127.1% | 3.1B▲ 7.2% | 521.1M▼ 83.2% | 2.96B▲ 467.9% | 158.76M▼ 94.6% | 560.5M▲ 0% |
Equity Growth % | - | 943.36% | 127.09% | 7.25% | -83.21% | 467.93% | -94.64% | -71.13% |
Book Value per Share | 0.66 | 7.20 | 21.86 | 18.36 | 2.81 | 15.44 | 0.83 | 2.92 |
Total Shareholders' Equity | 95M | 1.27B | 369.37M | 3.08B | 457.95M | 3.03B | 18.47M | 510.63M |
Common Stock | 95M | 37.99K | 7K | 54.92K | 8K | 62.6K | 8K | 8K |
Retained Earnings | 0 | 151.34M | 0 | 548.93M | 111.7M | 1.13B | 199.97M | 0 |
Treasury Stock | 0 | 0 | 0 | 0 | -52.23M | -408.75M | -635.23M | -52.23M |
Accumulated OCI | 0 | 129.07M | 369.36M | 96.74M | 510.17M | -1.96B | -327.93M | 562.86M |
Minority Interest | 27.11M | 0 | 25.22M | 19.73M | 63.16M | -68.6M | 140.29M | 49.86M |
AMTD Digital Inc. (HKD) cash flow — operating, investing & free cash flow history
| Metric | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Oct'23 | Oct'24 | TTM |
|---|---|---|---|---|---|---|---|---|
Cash from Operations | 24.55M | 213.72M | 83M | 80.42M | 15.5M | 334.29M | 4.25M | 101.78M |
Operating CF Margin % | 168.72% | 127.58% | 42.34% | 24.28% | 46.88% | 85.6% | 18.1% | - |
Operating CF Growth % | - | 770.43% | -61.17% | -3.1% | -80.73% | 2056.6% | -98.73% | 163.08% |
Net Income | 17.6M | 151.34M | 178.09M | 215.72M | 41.74M | 499.88M | 42.46M | 160.35M |
Depreciation & Amortization | 0 | 0 | 4.9M | 6.64M | 1.99M | 22.55M | 5.64M | 8.05M |
Stock-Based Compensation | 0 | 0 | 931.71K | 8.93M | 244K | 1.3M | 86K | 9.26M |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | -13.77M | 52.7M | -42.75M | -196.6M | -26.24M | -545.86M | -43.6M | -232.54M |
Working Capital Changes | 20.73M | 9.68M | -58.17M | 45.74M | -2.23M | 356.42M | -341K | 68.51M |
Change in Receivables | -4.25M | 6.02M | -58.4M | 30.08M | -4.27M | -2.66M | -823K | 29.91M |
Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 0 | 0 | 0 | 0 | 173K | 0 | 691K | 0 |
Cash from Investing | -3.07B | -674.4M | 128.33M | -385.56M | -119.49M | -563.26M | -75.53M | -421.55M |
Capital Expenditures | 0 | 0 | -170.81K | -47.08K | -2K | -266.06K | -159K | -64.08K |
CapEx % of Revenue | - | - | 0.09% | 0.01% | 0.01% | 0.07% | 0.68% | 0.07% |
Acquisitions | 0 | 0 | 20.75M | 0 | 3.86M | 30.3M | 8.54M | 0 |
Investments | - | - | - | - | - | - | - | - |
Other Investing | -3.07B | -674.4M | 107.74M | -385.51M | -175.98M | -593.3M | -83.56M | -421.49M |
Cash from Financing | 2.68B | 651.1M | 7.9M | 0 | 243.46M | -62.12M | -35.81M | -3.97M |
Debt Issued (Net) | 0 | 0 | 0 | 0 | 15.02M | 0 | 18M | 0 |
Equity Issued (Net) | 0 | 1000K | 1000K | 0 | 1000K | 0 | 0 | 0 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | 2.68B | 535.22M | 4.41M | 0 | -742K | -62.12M | -53.81M | -3.97M |
Net Change in Cash | 5.76M▲ 0% | 190.49M▲ 3205.1% | 219.89M▲ 15.4% | -308.31M▼ 240.2% | 139.32M▲ 145.2% | 1.09B▲ 685.0% | -107.23M▼ 109.8% | -317.6M▲ 0% |
Free Cash Flow | 24.55M▲ 0% | 213.72M▲ 770.4% | 82.83M▼ 61.2% | 80.38M▼ 3.0% | 15.5M▼ 80.7% | 334.03M▲ 2055.2% | 4.09M▼ 98.8% | 101.72M▲ 0% |
FCF Margin % | 168.72% | 127.58% | 42.25% | 24.27% | 46.87% | 85.54% | 17.43% | 113.6% |
FCF Growth % | - | 770.43% | -61.25% | -2.96% | -80.72% | 2055.16% | -98.78% | - |
FCF per Share | 0.13 | 1.21 | 0.63 | 0.48 | 0.08 | 1.74 | 0.02 | 0.53 |
FCF Conversion (FCF/Net Income) | 1.40x | 1.41x | 0.47x | 0.37x | 0.37x | 0.67x | 0.10x | 0.63x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 52.82M | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AMTD Digital Inc. (HKD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 21.68% | 8.55% | 7.2% | 2.3% | 28.72% | 2.85% | 28.61% |
Return on Invested Capital (ROIC) | 2.35% | 3.46% | 6.17% | 0.63% | 14% | 0.59% | 2.07% |
Gross Margin | 90.95% | 12.88% | 37.85% | 70.16% | 87.68% | 78.43% | 64.13% |
Net Margin | 90.34% | 90.84% | 65.13% | 126.22% | 128.01% | 189.54% | 179.08% |
Debt / Equity | 1.75x | - | - | 0.23x | 0.26x | 1.62x | 0.12x |
Interest Coverage | - | - | - | 12.24x | - | 1.17x | - |
FCF Conversion | 1.41x | 0.47x | 0.37x | 0.37x | 0.67x | 0.10x | 0.63x |
Revenue Growth | 1051.15% | 17.03% | 68.95% | -90.02% | 1081.01% | -94% | - |
AMTD Digital Inc. (HKD) stock FAQ — growth, dividends, profitability & financials explained
AMTD Digital Inc. (HKD) reported $89.5M in revenue for fiscal year 2025. This represents a 515% increase from $14.6M in 2019.
AMTD Digital Inc. (HKD) saw revenue decline by 94.0% over the past year.
Yes, AMTD Digital Inc. (HKD) is profitable, generating $160.3M in net income for fiscal year 2025 (189.5% net margin).
AMTD Digital Inc. (HKD) has a return on equity (ROE) of 2.9%. This is below average, suggesting room for improvement.
AMTD Digital Inc. (HKD) generated $101.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.