NASDAQ : ATGL
Alpha Technology Group Limited — Financial statements
Technology · Software - Infrastructure · Hong Kong
Last price 10.66 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 175.49M
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Financial statements
Alpha Technology Group Limited (ATGL) reported revenue of 8.88M HKD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 8.88M | 7.40M | 12.35M | 8.69M | 4.42M | 4.06M |
| Cost of Revenue | 3.59M | 3.76M | 5.90M | 5.84M | 3.42M | 2.60M |
| Gross Profit | 5.29M | 3.64M | 6.46M | 2.85M | 1.00M | 1.46M |
| Selling, General & Admin | 22.50M | 16.73M | 11.11M | 6.71M | 3.71M | 2.38M |
| Amortization of Goodwill & Intangibles | 511.68K | 511.68K | 511.68K | 511.68K | ||
| Operating Expenses | 67.25M | 61.48M | 11.53M | 7.23M | 3.72M | 2.38M |
| Operating Income | -61.97M | -57.84M | -5.08M | -4.38M | -2.71M | -925.24K |
| Interest Expense | -768.20K | -1.14M | -102.16K | -74.59K | -86.62K | -47.74K |
| Earnings From Equity Investments | -5.84K | -6.00K | ||||
| Other Non Operating Income (Expenses) | 461.67K | 1.05M | 768.08K | 93.94K | 210.45K | 16.50K |
| EBT Excluding Unusual Items | -62.28M | -57.94M | -4.41M | -4.36M | -2.59M | -956.48K |
| Impairment of Goodwill | -10.02M | -9.95M | ||||
| Asset Writedown | -3.58M | -3.58M | ||||
| Other Unusual Items | -1.08M | -2.37M | ||||
| Pretax Income | -75.88M | -71.47M | -5.49M | -6.73M | -2.59M | -956.48K |
| Income Tax Expense | -1.06M | -1.06M | 252.41K | 73.32K | 24.55K | |
| Net Income | -74.82M | -70.41M | -5.49M | -6.99M | -2.66M | -981.03K |
| Net Income to Common | -74.82M | -70.41M | -5.49M | -6.99M | -2.66M | -981.03K |
| Shares Outstanding (Basic) | 16.46M | 16.46M | 15.26M | 12.85M | 20.00K | 20.00K |
| Shares Outstanding (Diluted) | 16.46M | 16.46M | 15.26M | 12.85M | 20.00K | 20.00K |
| EPS (Basic) | -4.54 | -4.28 | -0.36 | -0.54 | -133.18 | -49.05 |
| EPS (Diluted) | -4.54 | -4.28 | -0.36 | -0.54 | -133.18 | -49.05 |
| Free Cash Flow | -20.56M | -13.94M | -19.63M | 3.97M | 1.54M | -546.76K |
| Free Cash Flow Per Share | -1.25 | -0.85 | -1.29 | 0.31 | 76.82 | -27.34 |
| Gross Margin | 59.56% | 49.19% | 52.27% | 32.75% | 22.67% | 35.93% |
| Operating Margin | -698.20% | -782.06% | -41.08% | -50.41% | -61.39% | -22.81% |
| Profit Margin | -842.98% | -951.99% | -44.42% | -80.41% | -60.25% | -24.19% |
| Free Cash Flow Margin | -231.64% | -188.49% | -158.92% | 45.71% | 34.75% | -13.48% |
| EBITDA | -61.77M | -57.68M | -4.98M | -4.12M | -2.58M | -924.79K |
| EBITDA Margin | -40.34% | -47.44% | -58.27% | -22.80% | ||
| D&A For EBITDA | 198.68K | 163.20K | 92.22K | 258.52K | 137.59K | 450.00 |
| EBIT | -61.97M | -57.84M | -5.08M | -4.38M | -2.71M | -925.24K |
| EBIT Margin | -41.08% | -50.41% | -61.39% | -22.81% |
Balance sheet
Fiscal year October - September; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 18.97M | 30.92M | 41.80M | 3.63M | 2.80M | 1.44M |
| Short-Term Investments | 116.70K | 107.50K | 51.73K | |||
| Cash & Short-Term Investments | 19.09M | 31.03M | 41.85M | 3.63M | 2.80M | 1.44M |
| Accounts Receivable | 1.63M | 1.07M | 1.27M | 247.66K | 4.50K | 387.00K |
| Other Receivables | 42.80K | 42.80K | 42.80K | 683.54K | 1.34M | 1.75M |
| Receivables | 1.67M | 1.12M | 1.32M | 931.19K | 1.35M | 2.13M |
| Other Current Assets | 870.62K | 752.37K | 523.39K | 20.97M | 1.96M | 461.00K |
| Total Current Assets | 21.63M | 32.90M | 43.69M | 25.53M | 6.11M | 4.03M |
| Property, Plant & Equipment | 4.72M | 1.78M | 1.68M | 221.83K | 448.85K | 711.62K |
| Goodwill | 10.18M | 10.18M | ||||
| Other Intangible Assets | 4.09M | 4.61M | ||||
| Other Long-Term Assets | 605.57K | 179.28K | 179.28K | |||
| Total Assets | 26.96M | 34.86M | 59.82M | 40.53M | 6.56M | 4.74M |
| Accounts Payable | 363.75K | |||||
| Accrued Expenses | 929.18K | 938.57K | 1.02M | 11.89M | 1.72M | 247.94K |
| Short-Term Debt | 2.38M | 3.68M | 856.04K | 1.10M | ||
| Current Portion of Long-Term Debt | 304.66K | 594.63K | 562.33K | 681.05K | 431.75K | |
| Current Portion of Leases | 1.85M | 567.54K | 642.19K | 116.83K | 111.74K | 295.54K |
| Current Income Taxes Payable | 159.88K | 233.26K | ||||
| Current Unearned Revenue | 2.58M | 2.07M | 1.75M | 6.01M | 6.53M | 1.54M |
| Other Current Liabilities | 3.47M | 1.96M | 989.66K | 444.38K | 160.05K | |
| Total Current Liabilities | 11.22M | 9.88M | 6.86M | 20.10M | 9.05M | 3.78M |
| Long-Term Debt | 305.49K | 911.27K | 1.47M | 2.15M | ||
| Long-Term Leases | 1.26M | 450.14K | 1.02M | 143.06K | 259.90K | 371.63K |
| Total Liabilities | 12.48M | 10.33M | 8.18M | 21.15M | 10.78M | 6.30M |
| Common Stock | 12.81K | 12.81K | 11.88K | 10.00M | 20.00K | 20.00K |
| Additional Paid-In Capital | 97.40M | 97.40M | 54.10M | |||
| Retained Earnings | -92.93M | -82.88M | -12.48M | -6.99M | -4.24M | -1.58M |
| Comprehensive Income & Other | 10.00M | 10.00M | 10.00M | 16.36M | ||
| Shareholders' Equity | 14.48M | 24.53M | 51.64M | 19.38M | -4.22M | -1.56M |
| Total Liabilities & Equity | 26.96M | 34.86M | 59.82M | 40.53M | 6.56M | 4.74M |
| Total Debt | 5.50M | 5.00M | 3.42M | 1.73M | 2.52M | 4.35M |
| Net Cash (Debt) | 13.59M | 26.02M | 38.43M | 1.90M | 279.60K | -2.92M |
| Net Cash Per Share | 0.83 | 1.58 | 2.52 | 0.15 | 13.98 | -145.76 |
| Filing Date Shares Outstanding | 16.46M | 16.46M | 16.46M | 15.26M | 20.00K | 20.00K |
| Total Common Shares Outstanding | 16.46M | 16.46M | 15.26M | 13.25M | 20.00K | 20.00K |
| Working Capital | 10.41M | 23.02M | 36.83M | 5.43M | -2.94M | 250.56K |
| Book Value Per Share | 0.88 | 1.49 | 3.38 | 1.46 | -211.18 | |
| Tangible Book Value | 14.48M | 24.53M | 37.37M | 4.59M | -4.22M | -1.56M |
| Tangible Book Value Per Share | 0.88 | 1.49 | 2.45 | 0.35 | -211.18 | |
| Machinery | 882.82K | 97.66K | 63.37K | 40.39K | 14.94K |
Cash flow statement
Fiscal year October - September; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -74.82M | -70.41M | -5.49M | -6.99M | -2.66M | -981.03K |
| Depreciation & Amortization | 683.23K | 683.23K | 209.76K | 258.52K | 137.59K | 44.17K |
| Other Amortization | 511.68K | 511.68K | 511.68K | 511.68K | ||
| Loss (Gain) From Sale of Assets | 16.92K | |||||
| Asset Writedown & Restructuring Costs | 13.53M | 13.53M | 539.00 | |||
| Loss (Gain) on Equity Investments | 6.00K | 6.00K | ||||
| Stock-Based Compensation | 43.30M | 43.30M | ||||
| Provision & Write-off of Bad Debts | 852.25K | 852.25K | -100.00K | -100.00K | 313.36K | |
| Other Operating Activities | -638.43K | 3.90K | 9.23K | 150.64K | 353.13K | |
| Change in Accounts Receivable | -652.69K | -652.69K | -926.85K | -143.16K | 69.14K | -76.92K |
| Change in Accounts Payable | 363.75K | 363.75K | ||||
| Change in Unearned Revenue | 321.91K | 321.91K | -4.26M | -1.04M | 4.67M | 517.32K |
| Change in Income Taxes | -159.88K | -159.88K | -73.38K | 233.26K | ||
| Change in Other Net Operating Assets | -664.38K | -664.38K | -9.48M | 11.27M | -1.11M | -388.48K |
| Operating Cash Flow | -18.21M | -13.16M | -19.60M | 4.02M | 1.56M | -531.83K |
| Capital Expenditures | -2.35M | -785.16K | -34.30K | -48.43K | -25.45K | -14.94K |
| Cash Acquisitions | -10.00M | |||||
| Other Investing Activities | -66.14K | -48.67K | 404.18K | -886.30K | ||
| Investing Cash Flow | -1.64M | -785.16K | -82.97K | -10.05M | 378.73K | -901.24K |
| Short-Term Debt Issued | 960.01K | 1.19M | 1.79M | 492.70K | ||
| Long-Term Debt Issued | 7.65M | 1.08M | 2.30M | |||
| Total Debt Issued | 8.61M | 8.61M | 2.26M | 1.79M | 2.80M | |
| Short-Term Debt Repaid | -1.75M | -38.00K | ||||
| Long-Term Debt Repaid | -5.54M | -922.57K | -788.72K | -538.62K | -73.26K | |
| Total Debt Repaid | -5.54M | -5.54M | -922.57K | -2.54M | -576.62K | -73.26K |
| Net Debt Issued (Repaid) | 3.06M | 3.06M | 1.34M | -750.10K | -576.62K | 2.72M |
| Issuance of Common Stock | 62.87M | 10.00M | ||||
| Other Financing Activities | -2.77M | -6.36M | -2.39M | |||
| Financing Cash Flow | 289.86K | 3.06M | 57.85M | 6.86M | -576.62K | 2.72M |
| Net Cash Flow | -19.56M | -10.88M | 38.17M | 827.54K | 1.36M | 1.29M |
| Free Cash Flow | -20.56M | -13.94M | -19.63M | 3.97M | 1.54M | -546.76K |
| Free Cash Flow Margin | -231.64% | -188.49% | -158.92% | 45.71% | 34.75% | -13.48% |
| Free Cash Flow Per Share | -1.25 | -0.85 | -1.29 | 0.31 | 76.82 | -27.34 |
| Levered Free Cash Flow | 3.65M | 7.38M | 2.85M | -9.49M | 3.96M | |
| Unlevered Free Cash Flow | 4.13M | 8.09M | 2.92M | -9.45M | 4.01M | |
| Cash Interest Paid | 1.14M | 1.14M | 102.16K | 74.59K | 105.85K | 55.19K |
| Cash Income Tax Paid | -57.71K | 73.38K | 19.15K | 73.32K | 24.55K | |
| Change in Working Capital | -1.64M | -1.64M | -14.74M | 10.32M | 3.62M | 51.91K |
Ratios
Fiscal year October - September; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 175.49M | 391.81M | 103.48M | |||
| Enterprise Value | 173.76M | 387.42M | 98.07M | |||
| Last Close Price | 10.66 | 23.80 | 6.78 | |||
| PS Ratio | 155.02 | 412.18 | 65.08 | |||
| PB Ratio | 95.02 | 124.29 | 15.57 | |||
| P/TBV Ratio | 95.02 | 124.29 | 21.52 | |||
| EV/Sales Ratio | 153.49 | 407.56 | 61.67 | |||
| Debt / Equity Ratio | 0.38 | 0.20 | 0.07 | 0.09 | -0.60 | -2.79 |
| Debt / FCF Ratio | 0.44 | 1.64 | ||||
| Net Debt / Equity Ratio | -0.94 | -1.06 | -0.74 | -0.10 | 0.07 | -1.87 |
| Net Debt / EBITDA Ratio | 0.22 | 0.45 | 7.71 | 0.46 | 0.11 | -3.15 |
| Net Debt / FCF Ratio | 0.66 | 1.87 | 1.96 | -0.48 | -0.18 | -5.33 |
| Asset Turnover | 0.21 | 0.16 | 0.25 | 0.37 | 0.78 | |
| Quick Ratio | 1.85 | 3.25 | 6.29 | 0.23 | 0.46 | 0.94 |
| Current Ratio | 1.93 | 3.33 | 6.37 | 1.27 | 0.68 | 1.07 |
| Return on Equity (ROE) | -247.42% | -184.89% | -15.46% | -92.22% | ||
| Return on Assets (ROA) | -92.81% | -76.37% | -6.32% | -11.63% | -30.02% | |
| Return on Capital Employed (ROCE) | -393.70% | -231.60% | -9.60% | -21.40% | 108.80% | -96.20% |
| Earnings Yield | -5.44% | -2.31% | -0.68% | |||
| FCF Yield | -1.49% | -0.46% | -2.44% | |||
| Buyback Yield / Dilution | -7.86% | -7.86% | -18.76% | -64,156.44% |