NYSE : HKD
AMTD Digital Inc. — Financial statements
Technology · Software - Application · France
Last price 1.66 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 521.70M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
AMTD Digital Inc. (HKD) reported revenue of 126.77M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 51.16M | 50.07M | 22.81M | 17.35M | 33.07M | 25.27M |
| Other Revenue | 75.61M | 86.03M | -2.37M | 32.56M | 15.39M | 16.94M |
| Revenue | 126.77M | 136.10M | 20.45M | 49.90M | 48.45M | 42.21M |
| Cost of Revenue | 30.13M | 33.16M | 13.39M | 10.39M | 10.85M | 9.29M |
| Gross Profit | 96.64M | 102.94M | 7.06M | 39.51M | 37.60M | 32.92M |
| Selling, General & Admin | 1.77M | 792.00K | 313.00K | 354.00K | 655.00K | 4.27M |
| Other Operating Expenses | 8.57M | 6.56M | 3.97M | 7.85M | 4.95M | 405.00K |
| Operating Expenses | 20.19M | 16.85M | 9.93M | 11.08M | 6.91M | 5.52M |
| Operating Income | 76.45M | 86.09M | -2.87M | 28.43M | 30.69M | 27.39M |
| Interest Expense | -8.80M | -10.32M | -10.33M | -6.81M | -1.20M | |
| Interest & Investment Income | 21.77M | 21.77M | 20.02M | 17.98M | 15.95M | 743.00K |
| Earnings From Equity Investments | -1.36M | -2.73M | -404.00K | |||
| Currency Exchange Gain (Loss) | -267.00K | -267.00K | -222.00K | -712.00K | 151.00K | 589.00K |
| Other Non Operating Income (Expenses) | 2.21M | 2.00K | 109.00K | 27.00K | ||
| EBT Excluding Unusual Items | 91.36M | 97.28M | 5.24M | 36.16M | 45.30M | 28.75M |
| Gain (Loss) on Sale of Assets | 1.39M | 1.39M | 37.22M | 29.39M | ||
| Other Unusual Items | 117.00K | |||||
| Pretax Income | 92.75M | 98.67M | 42.46M | 65.55M | 45.30M | 28.87M |
| Income Tax Expense | 4.83M | 1.68M | 785.00K | 3.98M | 4.49M | 3.03M |
| Earnings From Continuing Operations | 87.93M | 96.99M | 41.67M | 61.57M | 40.81M | 25.84M |
| Minority Interest in Earnings | -36.69M | -42.29M | 2.77M | 2.31M | 1.25M | 1.65M |
| Net Income | 51.23M | 54.70M | 44.44M | 63.88M | 42.06M | 27.49M |
| Net Income to Common | 51.23M | 54.70M | 44.44M | 63.88M | 42.06M | 27.49M |
| Shares Outstanding (Basic) | 310.72M | 309.27M | 191.87M | 191.51M | 185.40M | 168.95M |
| Shares Outstanding (Diluted) | 310.86M | 309.41M | 192.01M | 191.64M | 185.52M | 169.02M |
| EPS (Basic) | 0.16 | 0.18 | 0.23 | 0.33 | 0.23 | 0.16 |
| EPS (Diluted) | 0.16 | 0.18 | 0.23 | 0.33 | 0.23 | 0.16 |
| Free Cash Flow | 14.33M | 4.09M | 42.69M | 15.50M | 10.24M | |
| Free Cash Flow Per Share | 0.05 | 0.02 | 0.22 | 0.08 | 0.06 | |
| Gross Margin | 76.23% | 75.63% | 34.52% | 79.18% | 77.61% | 77.98% |
| Operating Margin | 60.31% | 63.26% | -14.04% | 56.97% | 63.34% | 64.90% |
| Profit Margin | 40.42% | 40.20% | 217.38% | 128.01% | 86.80% | 65.13% |
| Free Cash Flow Margin | 10.53% | 19.98% | 85.54% | 31.99% | 24.27% | |
| EBITDA | 87.53M | 95.32M | 2.65M | 31.31M | 32.00M | 28.24M |
| EBITDA Margin | 69.05% | 70.04% | 12.95% | 62.75% | 66.05% | 66.90% |
| D&A For EBITDA | 11.08M | 9.23M | 5.52M | 2.88M | 1.31M | 846.00K |
| EBIT | 76.45M | 86.09M | -2.87M | 28.43M | 30.69M | 27.39M |
| EBIT Margin | 60.31% | 63.26% | -14.04% | 56.97% | 63.34% | 64.90% |
| Effective Tax Rate | 5.20% | 1.70% | 1.85% | 6.07% | 9.90% | 10.50% |
| Revenue as Reported | 126.77M | 136.10M | 20.45M | 49.90M | 48.45M | 42.21M |
| Advertising Expenses | 792.00K | 313.00K | 655.00K | 522.00K |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 41.74M | 46.36M | 60.86M | 134.84M | 152.93M | 14.34M |
| Short-Term Investments | 749.00K | 236.00K | 251.00K | 141.00K | ||
| Trading Asset Securities | 7.92M | 7.99M | 12.12M | 5.72M | 9.24M | |
| Cash & Short-Term Investments | 49.66M | 55.10M | 73.22M | 140.82M | 162.31M | 14.34M |
| Accounts Receivable | 10.21M | 11.83M | 6.64M | 934.00K | 9.80M | 326.48M |
| Other Receivables | 2.61M | 1.09M | 34.37M | 7.42M | 34.01M | |
| Receivables | 142.44M | 265.18M | 9.29M | 230.74M | 143.82M | 361.16M |
| Prepaid Expenses | 6.77M | 581.00K | 1.34M | 1.05M | 400.00K | 153.00K |
| Other Current Assets | 525.00K | 709.00K | 77.96M | 12.97M | 3.59M | |
| Total Current Assets | 198.88M | 321.38M | 84.55M | 450.56M | 319.50M | 379.24M |
| Property, Plant & Equipment | 359.74M | 293.14M | 274.45M | 69.59M | 238.60M | 16.00K |
| Long-Term Investments | 427.39M | 221.53M | 24.68M | 17.06M | 103.26M | 19.13M |
| Goodwill | 7.48M | |||||
| Other Intangible Assets | 118.31M | 119.31M | 119.25M | 279.00K | 311.00K | 4.64M |
| Other Long-Term Assets | 72.56M | |||||
| Total Assets | 1.18B | 955.36M | 502.93M | 537.50M | 661.68M | 410.50M |
| Accounts Payable | 5.82M | 5.49M | 1.59M | 69.00K | 493.00K | 10.00K |
| Accrued Expenses | 1.00M | 1.63M | 1.91M | |||
| Short-Term Debt | 5.34M | 83.31M | 83.37M | 98.80M | 98.92M | |
| Current Portion of Leases | 381.00K | 186.00K | ||||
| Current Income Taxes Payable | 3.65M | 3.48M | 2.60M | 2.64M | 4.57M | 4.05M |
| Current Unearned Revenue | 429.00K | 664.00K | 1.18M | 10.16M | 5.29M | |
| Other Current Liabilities | 75.40M | 72.64M | 72.08M | 57.80M | 25.39M | 2.39M |
| Total Current Liabilities | 90.64M | 166.97M | 162.64M | 159.30M | 139.54M | 13.65M |
| Long-Term Debt | 290.11M | 176.82M | 174.22M | |||
| Long-Term Unearned Revenue | 1.03M | 677.00K | ||||
| Long-Term Deferred Tax Liabilities | 5.61M | 5.66M | 5.65M | 735.00K | ||
| Other Long-Term Liabilities | 159.97M | 2.27M | 1.65M | |||
| Total Liabilities | 546.32M | 351.70M | 344.17M | 159.30M | 140.57M | 15.06M |
| Common Stock | 13.00K | 13.00K | 8.00K | 8.00K | 8.00K | 7.00K |
| Additional Paid-In Capital | 983.68M | 780.90M | 545.42M | 539.82M | 310.63M | |
| Retained Earnings | 254.68M | 199.97M | 143.96M | 111.70M | 69.96M | |
| Treasury Stock | -295.72M | -295.72M | -635.23M | -52.23M | -52.23M | |
| Comprehensive Income & Other | 570.31M | -676.87M | -327.18M | -250.19M | -141.34M | 12.33M |
| Total Common Equity | 274.60M | 265.79M | 18.47M | 386.96M | 457.95M | 392.93M |
| Minority Interest | 355.96M | 337.87M | 140.29M | -8.77M | 63.16M | 2.51M |
| Shareholders' Equity | 630.56M | 603.66M | 158.76M | 378.20M | 521.10M | 395.44M |
| Total Liabilities & Equity | 1.18B | 955.36M | 502.93M | 537.50M | 661.68M | 410.50M |
| Total Debt | 295.44M | 260.50M | 257.78M | 98.80M | 98.92M | |
| Net Cash (Debt) | -245.78M | -205.41M | -184.56M | 42.02M | 63.39M | 14.34M |
| Net Cash Per Share | -0.79 | -0.66 | -0.96 | 0.22 | 0.34 | 0.08 |
| Filing Date Shares Outstanding | 310.53M | 314.28M | 314.28M | 191.51M | 191.19M | 187.45M |
| Total Common Shares Outstanding | 310.53M | 314.28M | 199.24M | 191.51M | 191.19M | 169.05M |
| Working Capital | 108.24M | 154.41M | -78.09M | 291.26M | 179.96M | 365.59M |
| Book Value Per Share | 0.88 | 0.85 | 0.09 | 2.02 | 2.40 | 2.32 |
| Tangible Book Value | 156.29M | 146.48M | -100.78M | 386.68M | 457.64M | 380.81M |
| Tangible Book Value Per Share | 0.50 | 0.47 | -0.51 | 2.02 | 2.39 | 2.25 |
| Machinery | 946.00K | 893.00K | 22.00K | 24.00K | 31.00K | |
| Leasehold Improvements | 1.69M |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 54.70M | 44.44M | 63.88M | 42.06M | 27.49M | |
| Depreciation & Amortization | 9.49M | 5.52M | 2.88M | 1.31M | 846.00K | |
| Other Amortization | 124.00K | |||||
| Loss (Gain) From Sale of Assets | -1.39M | -37.22M | -29.39M | |||
| Loss (Gain) From Sale of Investments | -77.06M | 3.00M | -32.56M | -15.39M | -16.94M | |
| Loss (Gain) on Equity Investments | 1.36M | 2.73M | 404.00K | |||
| Stock-Based Compensation | 86.00K | 166.00K | 244.00K | 1.14M | ||
| Provision & Write-off of Bad Debts | -2.00K | -2.00K | -20.00K | |||
| Other Operating Activities | 31.51M | -12.73M | -9.62M | -15.62M | -5.09M | |
| Change in Accounts Receivable | -5.19M | -823.00K | -340.00K | -4.27M | 3.83M | |
| Change in Accounts Payable | 3.28M | 691.00K | 74.00K | 173.00K | 7.00K | |
| Change in Unearned Revenue | -520.00K | 290.00K | -988.00K | 4.54M | -3.01M | |
| Change in Other Net Operating Assets | -446.00K | -499.00K | 45.89M | 2.04M | 2.00M | |
| Operating Cash Flow | 14.39M | 4.25M | 42.72M | 15.50M | 10.25M | |
| Capital Expenditures | -60.00K | -159.00K | -34.00K | -2.00K | -6.00K | |
| Cash Acquisitions | 9.06M | 3.86M | ||||
| Divestitures | -928.00K | -514.00K | ||||
| Sale (Purchase) of Intangibles | 2.45M | |||||
| Investment in Securities | -350.00K | -1.65M | 52.62M | -3.83M | ||
| Other Investing Activities | -30.16M | -83.56M | -70.30M | -175.98M | -47.75M | |
| Investing Cash Flow | -31.14M | -75.53M | -71.98M | -119.49M | -49.14M | |
| Long-Term Debt Issued | 33.00M | 15.02M | ||||
| Total Debt Issued | 33.00M | 15.02M | ||||
| Long-Term Debt Repaid | -15.00M | |||||
| Total Debt Repaid | -15.00M | |||||
| Net Debt Issued (Repaid) | 18.00M | 15.02M | ||||
| Issuance of Common Stock | 13.22M | 229.19M | ||||
| Other Financing Activities | -10.94M | -20.81M | -7.94M | -742.00K | ||
| Financing Cash Flow | 2.27M | -2.81M | -7.94M | 243.46M | ||
| Foreign Exchange Rate Adjustments | -15.00K | -133.00K | 54.00K | -145.00K | -405.00K | |
| Net Cash Flow | -14.50M | -74.23M | -37.14M | 139.32M | -39.29M | |
| Free Cash Flow | 14.33M | 4.09M | 42.69M | 15.50M | 10.24M | |
| Free Cash Flow Margin | 10.53% | 19.98% | 85.54% | 31.99% | 24.27% | |
| Free Cash Flow Per Share | 0.05 | 0.02 | 0.22 | 0.08 | 0.06 | |
| Levered Free Cash Flow | -193.96M | 314.31M | 254.68M | -58.47M | ||
| Unlevered Free Cash Flow | -187.51M | 320.77M | 255.42M | -58.47M | ||
| Cash Interest Paid | 10.94M | 7.47M | 6.75M | 742.00K | ||
| Cash Income Tax Paid | 997.00K | 1.05M | 76.00K | 4.11M | 5.32M | |
| Change in Working Capital | -2.87M | -341.00K | 44.63M | 2.49M | 2.83M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 521.70M | 927.12M | 605.25M | 781.98M | 1.61B | |
| Enterprise Value | 767.49M | 1.30B | 554.46M | 781.75M | 1.47B | |
| Last Close Price | 1.66 | 2.95 | 3.15 | 4.09 | 8.40 | |
| PE Ratio | 10.12 | 16.95 | 13.62 | 12.24 | 38.23 | |
| PS Ratio | 4.12 | 6.81 | 29.60 | 15.67 | 33.19 | |
| PB Ratio | 1.88 | 1.54 | 3.81 | 2.07 | 3.09 | |
| P/TBV Ratio | 3.34 | 6.33 | 2.02 | 3.51 | ||
| P/FCF Ratio | 36.41 | 64.71 | 148.13 | 18.32 | 103.76 | |
| P/OCF Ratio | 64.44 | 142.58 | 18.30 | 103.74 | ||
| EV/Sales Ratio | 6.05 | 9.59 | 27.12 | 15.66 | 30.37 | |
| EV/EBITDA Ratio | 8.77 | 13.69 | 209.47 | 24.96 | 45.98 | |
| EV/EBIT Ratio | 10.04 | 15.16 | 27.50 | 47.94 | ||
| EV/FCF Ratio | 53.57 | 91.07 | 135.70 | 18.31 | 94.94 | |
| Debt / Equity Ratio | 0.47 | 0.43 | 1.62 | 0.26 | 0.19 | |
| Debt / EBITDA Ratio | 3.37 | 2.73 | 95.30 | 3.16 | 3.09 | |
| Debt / FCF Ratio | 18.18 | 63.09 | 2.31 | 6.38 | ||
| Net Debt / Equity Ratio | 0.39 | 0.34 | 1.16 | -0.11 | -0.12 | -0.04 |
| Net Debt / EBITDA Ratio | 2.81 | 2.15 | 69.73 | -1.34 | -1.98 | -0.51 |
| Net Debt / FCF Ratio | 14.34 | 45.17 | -0.98 | -4.09 | -1.40 | |
| Asset Turnover | 0.12 | 0.19 | 0.04 | 0.09 | 0.10 | |
| Quick Ratio | 0.66 | 0.42 | 0.50 | 1.11 | 1.29 | 27.46 |
| Current Ratio | 2.19 | 1.93 | 0.52 | 2.83 | 2.29 | 27.79 |
| Return on Equity (ROE) | 14.92% | 25.44% | 15.52% | 8.91% | 6.73% | |
| Return on Assets (ROA) | 4.60% | 7.38% | -0.34% | 3.58% | 4.25% | |
| Return on Invested Capital (ROIC) | 8.27% | 14.69% | -0.83% | 6.73% | 6.59% | 7.00% |
| Return on Capital Employed (ROCE) | 7.00% | 10.90% | -0.80% | 7.50% | 5.90% | 6.90% |
| Earnings Yield | 9.88% | 5.90% | 7.34% | 8.17% | 2.61% | |
| FCF Yield | 2.75% | 1.54% | 0.68% | 5.46% | 0.96% | |
| Buyback Yield / Dilution | -24.22% | -61.14% | -0.20% | -3.30% | -9.76% | -27.74% |