AMTD Digital Inc.

EDGAR

Annual consolidated revenue for 2025: about USD 136.1M, using the latest reported figures. The previous period, 2024, was about USD 20.45M.

Watchlist

Latest fiscal year

Revenue

136 million USD

2025 · USD

Exact inputs and evidence

Operating margin

0.82%

2025 · %

Exact inputs and evidence
  • Operating Income: 1122000 USD Source
  • Revenue: 136099000 USD Source

Operating cash flow

14.4 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: 14388000 USD Source

Free cash flow

14.3 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: 14388000 USD Source
  • Capital Expenditure: 60000 USD Source
Cash and cash equivalents
46.4 million USD Source
Exact value

46363000 USD

Long-term debt including current maturities
177 million USD Source
Exact value

176818000 USD

Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-30.

Financial data available through: 2025-10-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2025-10-31
  • Operating income: 5 of 11 periods available· newest 2025-10-31
  • Net income: 5 of 11 periods available· newest 2025-10-31
  • Operating cash flow: 5 of 11 periods available· newest 2025-10-31
  • Capital expenditure: 5 of 11 periods available· newest 2025-10-31
  • Total assets: 6 of 11 periods available· newest 2025-10-31
  • Total liabilities: 6 of 11 periods available· newest 2025-10-31
  • Current assets: 6 of 11 periods available· newest 2025-10-31
  • Current liabilities: 6 of 11 periods available· newest 2025-10-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2025-10-31
  • Long-term debt including current maturities: 2 of 11 periods available· newest 2025-10-31
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +565.7%

    Prior period

    USD 20.45 million

    –

    Current period

    USD 136.1 million

    –

    Exact inputs and evidence

    136099000 − 20445000 = 115654000 USD

    20445000 USD · 2023-11-01 – 2024-10-31

    Inspect prior input Prior source

    136099000 USD · 2024-11-01 – 2025-10-31

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  • Net income

    +132.7%

    Prior period

    USD 41.68 million

    –

    Current period

    USD 96.99 million

    –

    Exact inputs and evidence

    96991000 − 41675000 = 55316000 USD

    41675000 USD · 2023-11-01 – 2024-10-31

    Inspect prior input Prior source

    96991000 USD · 2024-11-01 – 2025-10-31

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  • Operating cash flow

    +238.9%

    Prior period

    USD 4.25 million

    –

    Current period

    USD 14.39 million

    –

    Exact inputs and evidence

    14388000 − 4245000 = 10143000 USD

    4245000 USD · 2023-11-01 – 2024-10-31

    Inspect prior input Prior source

    14388000 USD · 2024-11-01 – 2025-10-31

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  • Capital expenditure

    -62.3%

    Prior period

    USD 159,000

    –

    Current period

    USD 60,000

    –

    Exact inputs and evidence

    60000 − 159000 = -99000 USD

    159000 USD · 2023-11-01 – 2024-10-31

    Inspect prior input Prior source

    60000 USD · 2024-11-01 – 2025-10-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2024-11-01 – 2025-10-31

  • Revenue USD 136.1 million 100% of revenue
  • Operating costs Derived USD 134.98 million 99% of revenue
  • Operating income USD 1.12 million 0.8% of revenue
  • Tax, interest and other Derived −USD 95.87 million −70% of revenue
  • Net income USD 96.99 million 71% of revenue

Cash

  • Operating cash flow USD 14.39 million 11% of revenue
  • Capital expenditure USD 60,000 0% of revenue
  • Free cash flow Derived USD 14.33 million 11% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 Operating loss: operating costs were 100% of revenue.
  • 2022 Net income was higher than operating income, so the split is not drawn.
  • 2023 Net income was higher than operating income, so the split is not drawn.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Net income was higher than operating income, so the split is not drawn.
  • 2025 Net income was higher than operating income, so the split is not drawn.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2020-05-01 – 2021-04-3025251000 25290000 Derived -39000 -22173000 Derived 22134000 10668000 Derived
Source
2022 2021-05-01 – 2022-04-3042211000 41602000 Derived 609000 -25231000 Derived 25840000 10244000 Derived
Source
2023 2022-05-01 – 2023-04-3048452000 48299000 Derived 153000 -40660000 Derived 40813000 15499000 Derived
Source
2023 2022-11-01 – 2023-10-3111997000 UnavailableUnavailableUnavailableUnavailableUnavailable
Source
2024 2023-11-01 – 2024-10-3120445000 -16555000 Derived 37000000 -4675000 Derived 41675000 4086000 Derived
Source
2025 2024-11-01 – 2025-10-31136099000 134977000 Derived 1122000 -95869000 Derived 96991000 14328000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 136.1M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.147.0M110.2M73.5M36.7M0.0202120232025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Revenue25251000
2022Revenue42211000
2023Revenue48452000
2023Revenue11997000
2024Revenue20445000
2025Revenue136099000

Revenue growth

Change in revenue from the same financial period one year earlier.

565.7% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.611%458%305%153%0%202120232025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year67.2%
2023Year over year14.8%
2023Year over yearNo prior comparable period
2024Year over year70.4%
2025Year over year565.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 0.8% 2025
Net margin 71.3% 2025
Free cash flow margin 10.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.220%161%102%43%-16%20212023-10-312025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin-0.2%
2022Operating margin1.4%
2023Operating margin0.3%
2023-10-31Operating marginNot reported
2024Operating margin181%
2025Operating margin0.8%
2021Net margin87.7%
2022Net margin61.2%
2023Net margin84.2%
2023-10-31Net marginNot reported
2024Net margin203.8%
2025Net margin71.3%
2021Free cash flow margin42.2%
2022Free cash flow margin24.3%
2023Free cash flow margin32%
2023Free cash flow marginNot reported
2024Free cash flow margin20%
2025Free cash flow margin10.5%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 14.4M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.16.7M12.6M8.4M4.2M0.0202120232025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Operating cash flow10690000
2022Operating cash flow10250000
2023Operating cash flow15501000
2023Operating cash flowNot reportedNo source recorded
2024Operating cash flow4245000
2025Operating cash flow14388000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 14.3M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.16.7M12.6M8.4M4.2M0.0202120232025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Free cash flow10668000
2022Free cash flow10244000
2023Free cash flow15499000
2023Free cash flowUnavailableNo source recorded
2024Free cash flow4086000
2025Free cash flow14328000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

36.8% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.74%55%37%18%0%202120232025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021Liabilities / assets5.7%
2022Liabilities / assets3.7%
2023Liabilities / assets29.1%
2023Liabilities / assets29.6%
2024Liabilities / assets68.4%
2025Liabilities / assets36.8%

Current assets to current liabilities

Current assets divided by current liabilities.

1.92× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.30.01×22.51×15.01×7.50×0.00×202120232025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021Current assets / current liabilities19.58×
2022Current assets / current liabilities27.79×
2023Current assets / current liabilities2.29×
2023Current assets / current liabilities2.83×
2024Current assets / current liabilities0.52×
2025Current assets / current liabilities1.92×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2020-05-01 – 2021-04-30
USD 22.13 million
Exact value

Exact value: 22134000 USD

2020-05-01 – 2021-04-30: 22134000 USD Inspect Net Income Open source
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USD 10.69 million
Exact value

Exact value: 10690000 USD

2020-05-01 – 2021-04-30: 10690000 USD Inspect Operating Cash Flow Open source
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USD 22,000
Exact value

Exact value: 22000 USD

2020-05-01 – 2021-04-30: 22000 USD Inspect Capital Expenditure Open source
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USD 10.67 million
Calculation and evidence

10690000 − 22000 USD

Exact free cash flow: 10668000 USD

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2022 2021-05-01 – 2022-04-30
USD 25.84 million
Exact value

Exact value: 25840000 USD

2021-05-01 – 2022-04-30: 25840000 USD Inspect Net Income Open source
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USD 10.25 million
Exact value

Exact value: 10250000 USD

2021-05-01 – 2022-04-30: 10250000 USD Inspect Operating Cash Flow Open source
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USD 6,000
Exact value

Exact value: 6000 USD

2021-05-01 – 2022-04-30: 6000 USD Inspect Capital Expenditure Open source
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USD 10.24 million
Calculation and evidence

10250000 − 6000 USD

Exact free cash flow: 10244000 USD

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2023 2022-05-01 – 2023-04-30
USD 40.81 million
Exact value

Exact value: 40813000 USD

2022-05-01 – 2023-04-30: 40813000 USD Inspect Net Income Open source
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USD 15.5 million
Exact value

Exact value: 15501000 USD

2022-05-01 – 2023-04-30: 15501000 USD Inspect Operating Cash Flow Open source
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USD 2,000
Exact value

Exact value: 2000 USD

2022-05-01 – 2023-04-30: 2000 USD Inspect Capital Expenditure Open source
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USD 15.5 million
Calculation and evidence

15501000 − 2000 USD

Exact free cash flow: 15499000 USD

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2024 2023-11-01 – 2024-10-31
USD 41.68 million
Exact value

Exact value: 41675000 USD

2023-11-01 – 2024-10-31: 41675000 USD Inspect Net Income Open source
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USD 4.25 million
Exact value

Exact value: 4245000 USD

2023-11-01 – 2024-10-31: 4245000 USD Inspect Operating Cash Flow Open source
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USD 159,000
Exact value

Exact value: 159000 USD

2023-11-01 – 2024-10-31: 159000 USD Inspect Capital Expenditure Open source
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USD 4.09 million
Calculation and evidence

4245000 − 159000 USD

Exact free cash flow: 4086000 USD

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2025 2024-11-01 – 2025-10-31
USD 96.99 million
Exact value

Exact value: 96991000 USD

2024-11-01 – 2025-10-31: 96991000 USD Inspect Net Income Open source
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USD 14.39 million
Exact value

Exact value: 14388000 USD

2024-11-01 – 2025-10-31: 14388000 USD Inspect Operating Cash Flow Open source
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USD 60,000
Exact value

Exact value: 60000 USD

2024-11-01 – 2025-10-31: 60000 USD Inspect Capital Expenditure Open source
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USD 14.33 million
Calculation and evidence

14388000 − 60000 USD

Exact free cash flow: 14328000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

46 filings · 650 latest values · 650 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001809691, 1809691, HKD, edgar:1809691

Also known as AMTD Digital Inc., AMTD IDEA GROUP