Waton Financial Limited Ordinary Shares(WTF)Earnings, Financials & Key Ratios
WTF•NASDAQ•Banking & Credit
$3.82
$184M mkt cap·Price updated May 7, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryAsset management technology and data platforms
AboutWaton Financial Limited provides securities brokerage and financial technology services. The company offers securities brokerage services for securities listed on the Hong Kong Stock Exchange, including shares under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, the New York Stock Exchange, and the Nasdaq Stock Market; margin financing services; and other ancillary services through electronic trading platform to its corporate and individual brokerage customers, as well as bond distribution services. It also provides software licensing and related support services, including the licensing of trading platform APP, upgrades and enhancements, maintenance, and other related services to financial institutions; and integrated and customizable software solutions to develop trading platform APP that cover the front-, middle-, and back-office operations of securities brokerage business, such as electronic trade order placing, customer relationship management and operational data management, and securities order clearing and settlement services that enables the securities broker customers to digitalize and streamline their business operations, and interact with the financial market. The company was formerly known as IAM Group Inc. and changed its name to Waton Financial Limited in July 2023. Waton Financial Limited was founded in 1989 and is based in Kowloon City, Hong Kong. Waton Financial Limited is a subsidiary of Waton Corporation Limited.Show more
- Net Interest Income-$290K-83.0%
- Total Revenue$7M-25.9%
- Net Income-$12M-579.4%
- Return on Equity-101.81%-607.7%
- Net Interest Margin-0.94%-94.7%
- Efficiency Ratio183.33%+385.2%
- ROA-37.75%-655.3%
- Equity / Assets41.56%+26.4%
- Debt/Equity0.04-84.6%
WTF Key Insights
Waton Financial Limited Ordinary Shares (WTF) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Well capitalized: 41.6% equity/assets
- ✓Share count reduced 100.0% through buybacks
- ✓Diversified revenue: 100.0% from non-interest income
✗Weaknesses
- ✗Weak NIM of -0.9%
- ✗High cost structure: 183.3% efficiency ratio
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
WTF Price & Volume
Waton Financial Limited Ordinary Shares (WTF) stock price & volume — 10-year historical chart
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WTF Growth Metrics
Waton Financial Limited Ordinary Shares (WTF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years208.84%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-55.1%
5 Years-55.1%
3 Years-8.19%
Last Year-88.65%
WTF Peer Comparison
Waton Financial Limited Ordinary Shares (WTF) competitors in Asset management technology and data platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 FUTU | 51.52B | 144.89 | 29.18 | 35.79% | 26.38% | 0.31 | ||
 UP | 242.37M | 6.69 | -0.80 | -7.02% | -39.95% | |||
 TIGR | 627.64M | 6.43 | 17.86 | 43.68% | 17.64% | 0.27 | ||
 AMTD | 7.44M | 1.05 | 0.25 | -55.94% | 12.95% | 0.17 | ||
 NOAH | 152M | 10.79 | 2.17 | -21.06% | 6.6% | 0.01 | ||
 LU | 815.48M | 1.95 | -2.78 | -32.51% | -3.8% | 0.99 | ||
 CNF | 1.07M | 3.19 | -0.02 | -60.88% | -1.25% | 1.18 | ||
 CLPS | 25.36M | 0.91 | -3.48 | 15.17% | -1.27% | -6.06% | 0.59 |
Compare WTF vs Peers
Waton Financial Limited Ordinary Shares (WTF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WTF Income Statement
Waton Financial Limited Ordinary Shares (WTF) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|
| Net Interest Income | -4.93K | -18.04K | -158.44K | -289.94K | - |
| NII Growth % | - | -266.24% | -778.23% | -83% | - |
| Net Interest Margin % | -0.09% | -0.04% | -0.48% | -0.94% | - |
| Interest Income | 0 | 0 | 0 | 0 | - |
| Interest Expense | 4.93K | 18.04K | 158.44K | 289.94K | - |
| Loan Loss Provision | 56.74K | 1.37M | 3.15M | 4.15M | - |
| Non-Interest Income | 252.82K | 5.74M | 10.06M | 7.45M | - |
| Non-Interest Income % | 100% | 100% | 100% | 100% | - |
| Total Revenue | 252.82K▲ 0% | 5.74M▲ 2169.9% | 10.06M▲ 75.2% | 7.45M▼ 25.9% | -▲ 0% |
| Revenue Growth % | - | 2169.89% | 75.23% | -25.93% | - |
| Non-Interest Expense | 1.83M | 1.28M | 3.8M | 13.65M | - |
| Efficiency Ratio | 722.64% | 22.35% | 37.78% | 183.33% | - |
| Operating Income | -1.64M▲ 0% | 3.07M▲ 287.5% | 2.94M▼ 4.0% | -10.65M▼ 461.9% | -▲ 0% |
| Operating Margin % | -647.03% | 53.43% | 29.27% | -143.01% | - |
| Operating Income Growth % | - | 287.46% | -4.02% | -461.9% | - |
| Pretax Income | -1.63M▲ 0% | 3.8M▲ 332.4% | 2.94M▼ 22.6% | -11.81M▼ 502.3% | -▲ 0% |
| Pretax Margin % | -645.9% | 66.14% | 29.2% | -158.62% | - |
| Income Tax | -135.62K | 714.86K | 439.93K | 153.43K | - |
| Effective Tax Rate % | 8.31% | 18.83% | 14.98% | -1.3% | - |
| Net Income | -1.5M▲ 0% | 3.08M▲ 305.7% | 2.5M▼ 19.0% | -11.97M▼ 579.4% | -▲ 0% |
| Net Margin % | -592.26% | 53.68% | 24.83% | -160.68% | - |
| Net Income Growth % | - | 305.74% | -18.96% | -579.36% | - |
| Net Income (Continuing) | -1.5M | 3.08M | 2.5M | -11.97M | - |
| EPS (Diluted) | -0.03▲ 0% | 0.06▲ 305.4% | 0.05▼ 18.9% | 0.00▼ 100.0% | -▲ 0% |
| EPS Growth % | - | 305.4% | -18.86% | -100% | - |
| EPS (Basic) | -0.03 | 0.06 | 0.05 | 0.00 | - |
| Diluted Shares Outstanding | 47.58M | 47.58M | 47.58M | 0 | 48.24M |
WTF Balance Sheet
Waton Financial Limited Ordinary Shares (WTF) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|
| Cash & Short Term Investments | 1.73M | 19.09M | 4.95M | 7.72M | - |
| Cash & Due from Banks | 1.73M | 19.09M | 4.95M | 7.72M | - |
| Short Term Investments | 0 | 0 | 0 | 0 | - |
| Total Investments | 0 | 0 | 4.24M | 3.07M | - |
| Investments Growth % | - | - | - | -27.67% | - |
| Long-Term Investments | 0 | 0 | 4.24M | 3.07M | - |
| Accounts Receivables | 81.45K | 6.55M | 14.26M | 7.16M | - |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | - |
| Intangible Assets | 0 | 0 | 0 | 0 | - |
| PP&E (Net) | 114.03K | 23.99K | 1.19M | 590.31K | - |
| Other Assets | 58.02K | 178.8K | 1.26M | 1.73M | - |
| Total Current Assets | 4.31M | 39.98M | 25.84M | 25.34M | - |
| Total Non-Current Assets | 1.48M | 793.63K | 6.84M | 5.39M | - |
| Total Assets | 5.79M▲ 0% | 40.77M▲ 603.9% | 32.68M▼ 19.8% | 30.72M▼ 6.0% | 30.72M▲ 0% |
| Asset Growth % | - | 603.86% | -19.83% | -6% | - |
| Return on Assets (ROA) | -25.85% | 13.23% | 6.8% | -37.75% | - |
| Accounts Payable | 2.41M | 14.62M | 15.4M | 7.58M | - |
| Total Debt | 2.41M | 5.29M | 2.86M | 525.36K | 525.36K |
| Net Debt | 680.23K | -13.81M | -2.09M | -7.19M | -7.19M |
| Long-Term Debt | 0 | 0 | 0 | 0 | - |
| Short-Term Debt | 2.3M | 5.28M | 1.83M | 31.68K | - |
| Other Liabilities | 0 | 0 | 0 | 0 | - |
| Total Current Liabilities | 4.96M | 26.61M | 21.45M | 17.93M | - |
| Total Non-Current Liabilities | 18.39K | 0 | 490.78K | 30.56K | - |
| Total Liabilities | 4.98M | 26.61M | 21.94M | 17.96M | - |
| Total Equity | 816.84K▲ 0% | 14.16M▲ 1633.5% | 10.74M▼ 24.1% | 12.77M▲ 18.9% | 12.77M▲ 0% |
| Equity Growth % | - | 1633.5% | -24.14% | 18.86% | - |
| Equity / Assets (Capital Ratio) | 14.1% | 34.73% | 32.87% | 41.56% | 41.56% |
| Return on Equity (ROE) | -183.31% | 41.14% | 20.05% | -101.81% | - |
| Book Value per Share | 0.02 | 0.30 | 0.23 | - | 0.26 |
| Tangible BV per Share | 0.02 | 0.30 | 0.23 | - | 0.26 |
| Common Stock | 1.95K | 12.83M | 6.83K | 0 | - |
| Additional Paid-in Capital | 3.53M | 1.08M | 7.9M | 21.82M | - |
| Retained Earnings | -3.9M | 363.81K | 2.86M | -9.11M | - |
| Accumulated OCI | 1.19M | -111.86K | -26.31K | 57.16K | - |
| Treasury Stock | 0 | 0 | 0 | 0 | - |
| Preferred Stock | 0 | 0 | 0 | 0 | - |
WTF Cash Flow Statement
Waton Financial Limited Ordinary Shares (WTF) cash flow — operating, investing & free cash flow history
| Line item | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | 750.91K | 11.97M | -1.85M | 359.96K | 359.96K |
| Operating CF Growth % | - | 1493.8% | -115.43% | 119.49% | - |
| Net Income | -1.5M | 3.08M | 2.5M | -11.97M | - |
| Depreciation & Amortization | 4.5K | 94.89K | 436.53K | 656.51K | - |
| Deferred Taxes | -135.62K | 714.86K | 439.93K | 153.43K | - |
| Other Non-Cash Items | 78.5K | 0 | 0 | 1.2M | - |
| Working Capital Changes | 1.6M | 7.7M | -5.22M | 1.53M | - |
| Cash from Investing | -5.36K | -4.98K | -8.21M | -13.74K | - |
| Purchase of Investments | 0 | 0 | -7.5M | 0 | - |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | - |
| Net Investment Activity | 0 | 0 | -7.5M | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | - |
| Other Investing | 0 | 0 | -445.89K | 0 | - |
| Cash from Financing | 1.05M | 12.98M | -8.3M | 2.76M | - |
| Dividends Paid | 0 | 0 | 0 | 0 | - |
| Share Repurchases | 0 | 0 | -6M | 0 | - |
| Stock Issued | 0 | 10M | 0 | 5.12M | - |
| Net Stock Activity | 0 | 10M | -6M | 5.12M | 0 |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | -1000K | - |
| Other Financing | 0 | 0 | -797.17K | -562.59K | - |
| Net Change in Cash | 1.78M▲ 0% | 24.81M▲ 1293.0% | -18.21M▼ 173.4% | 3.25M▲ 117.8% | -▲ 0% |
| Exchange Rate Effect | -11.83K | -131.45K | 149K | 145.79K | - |
| Cash at Beginning | 2.27M | 4.05M | 28.86M | 10.65M | - |
| Cash at End | 4.05M | 28.86M | 10.65M | 13.9M | - |
| Interest Paid | 24.09K | 18.04K | 158.44K | 0 | - |
| Income Taxes Paid | 0 | 0 | 0 | 0 | - |
| Free Cash Flow | 745.56K▲ 0% | 11.96M▲ 1504.6% | -2.11M▼ 117.6% | 346.22K▲ 116.4% | -▲ 0% |
| FCF Growth % | - | 1504.58% | -117.63% | 116.41% | - |
WTF Banking Ratios
Waton Financial Limited Ordinary Shares (WTF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 41.14% | 20.05% | -101.81% | - |
| Return on Assets (ROA) | 13.23% | 6.8% | -37.75% | - |
| Net Interest Margin | -0.04% | -0.48% | -0.94% | - |
| Efficiency Ratio | 22.35% | 37.78% | 183.33% | - |
| Equity / Assets | 34.73% | 32.87% | 41.56% | 41.56% |
| Book Value / Share | 0.3 | 0.23 | - | 0.26 |
| NII Growth | -266.24% | -778.23% | -83% | - |
WTF Frequently Asked Questions
Waton Financial Limited Ordinary Shares (WTF) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Waton Financial Limited Ordinary Shares (WTF) saw revenue decline by 25.9% over the past year.
Waton Financial Limited Ordinary Shares (WTF) reported a net loss of $12.0M for fiscal year 2024.
Dividend & Returns
Waton Financial Limited Ordinary Shares (WTF) has a return on equity (ROE) of -101.8%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Waton Financial Limited Ordinary Shares (WTF) has a net interest margin (NIM) of -0.9%. NIM has been under pressure due to interest rate environment.
Waton Financial Limited Ordinary Shares (WTF) has an efficiency ratio of 183.3%. This is higher than peers, suggesting room for cost optimization.
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Waton Financial Limited Ordinary Shares (WTF) financial analysis — history, returns, DCA and operating performance tools
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