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HKDAMTD Digital Inc.
$1.53$731M
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HKD logoAMTD Digital Inc.(HKD)Earnings, Financials & Key Ratios

HKD•NYSE
$1.53
8.5× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryFinancial services and insurance software
AboutAMTD Digital Inc. designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions. It offers digital banking and insurance technology platforms for consumers and small and medium-sized enterprises; and SpiderNet ecosystem, a platform to enhance their investor communication, investor relations, and corporate communication to enhance their valuation. The company's platform monitors portfolio companies, such as tracking of business and technology development, competitive landscape, latest technological trends, and economic risks, and financial analysis. The company was incorporated in 2019 and is based in Central, Hong Kong. AMTD Digital Inc. operates as a subsidiary of AMTD IDEA GroupShow more
  • Revenue$59M+151.8%
  • EBITDA$19M+4.9%
  • Net Income$55M+23.1%
  • EPS (Diluted)0.18
  • Gross Margin65.67%-16.3%
  • EBITDA Margin31.57%-58.3%
  • Operating Margin15.49%-70.0%
  • Net Margin92.66%-51.1%
  • ROE14.35%-13.3%

HKD Price & Volume

AMTD Digital Inc. (HKD) stock price & volume — 10-year historical chart

Loading chart...

Operational Volatility Masks Structural Revenue Contraction Risks

Investment Thesis • Updated 2024Q4

VerdictNegative
Growth:Contracting
Profitability:Strained
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:Non-operating income dependency

Key Thesis Takeaways

  • AMTD Digital's business model appears increasingly dependent on non-operating fair value fluctuations rather than core software-driven growth, as evidenced by the 67.8% year-over-year revenue decline in 2024Q4.
  • The firm's reliance on a captive ecosystem and volatile investment gains creates significant uncertainty regarding the sustainability of its long-term profitability.
  • Investors should remain cautious as the company's asset base has contracted from $3.6 billion in 2020 to $537.5 million, signaling a potential shift in the viability of its digital platform strategy.

Verdict Logic

the company's reliance on non-operating income and the significant 67.8% revenue decline in 2024Q4 suggest that core operational performance is insufficient to justify the current valuation.

HKD Growth Metrics

AMTD Digital Inc. (HKD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-21.34%
3 Years21.33%
TTM-

Profit CAGR

10 Years-
5 Years-21.03%
3 Years9.17%
TTM-

EPS CAGR

10 Years-
5 Years-32.87%
3 Years-6.47%
TTM-

Return on Capital

10 Years5.51%
5 Years3.36%
3 Years5.15%
Last Year1.62%

HKD Recent Earnings

AMTD Digital Inc. (HKD) EPS & revenue vs analyst estimates — last 1 quarters

Full history →
Q1 2026Latest
Feb 27, 2026
Metric
Actual
Est
EPS
$0.09
—
Rev
$25M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 27, 2026
$0.09
$25M
Based on last 1 quarters of dataView full earnings history →

Latest HKD News

Recent stock market news and headlines for AMTD Digital Inc. (HKD)

PRNewsWire·Jun 25, 2026
AMTD Announces Positive Revenue Alert in 1H 2026, attributable to increased contributions from the Hospitality Arm through Successful Acquisitions of 4 Hotels

PARIS, NEW YORK, and LONDON, June 25, 2026 /PRNewswire/ -- AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group ("AMTD IDEA") (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. ("AMTD Digital") (NYSE: HKD) and The Generation Essentials Group ("TGE") (NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital, jointly (altogether, the "Group" or "AMTD") announce that, during this year, the Group has successfully completed the acquisitions of four hotels: The Ritz-Carlton, Perth; AMTD IDEA Tribeca Hotel in New York; AMTD Dao by Dorsett Hornsey in London; and AMTD IDEA KL Hotel in Kuala Lumpur, for a total consideration of approximately US$207 million. These four recent acquisitions, together with iclub AMTD Sheung Wan Hotel in Hong Kong and Dao by Dorsett AMTD Singapore acquired in 2019, have brought the Group's hotel portfolio to a mature stage, comprising close to 1,000 rooms across major international gateway cities on four continents.

PRNewsWire·Jun 24, 2026
L'OFFICIEL AMTD IDEA Sets 2026 Launch for L'OFFICIEL Taiwan and L'OFFICIEL 时装 Singapore

/PRNewswire/ -- AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group ("AMTD IDEA")(NYSE: AMTD; SGX: HKB), AMTD Digital Inc. ("AMTD Digital") (NYSE: HKD) and The

PRNewsWire·Jun 22, 2026
AMTD Group and AMTD IDEA Reaffirm Long-Term Commitment to TGE with a Two-Year Voluntary Lock-Up

/PRNewswire/ -- AMTD Group Inc. ("AMTD Group") and AMTD IDEA Group ("AMTD IDEA") (NYSE: AMTD; SGX: HKB) jointly announce that as co-founding shareholders of

PRNewsWire·Jun 22, 2026
AMTD Announces Progress on Share Repurchase Programs and Communicates Intent to Accelerate Buybacks

/PRNewswire/ -- AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group ("AMTD IDEA") (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. ("AMTD Digital") (NYSE: HKD) and The

GuruFocus·Jun 18, 2026
TGE's Media Business Enters a Phase of Full-Scale, Multi-Market Expansion

TGE's Media Business Enters a Phase of Full-Scale, Multi-Market Expansion PR Newswire PARIS and NEW YORK and LON

Peers Comparison

Key metrics vs top competitors for AMTD Digital Inc. (HKD)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
HKD logoHKDAMTD Digital Inc.Current
$1.53$730.86M8.50151.79%92.66%14.35%—
FUTU logoFUTUFutu Holdings Limited
$94.03$13.12B9.2167.83%44.27%26.38%—
UP logoUPWheels Up Experience Inc.
$8.53$309.03M-1.02-7.02%-38.17%——
TIGR logoTIGRUP Fintech Holding Ltd. Sponsored ADR Class A
$4.52$838.08M4.9156.74%24.18%17.64%—
NOAH logoNOAHNoah Holdings Limited
$10.31$145.15M1.820.36%21.46%5.63%—
CNF logoCNFCNFinance Holdings Limited
$2.73$918.46K-0.01-60.88%-14.04%-1.25%—

Compare HKD vs Peers

AMTD Digital Inc. (HKD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FUTU

Most directly comparable listed peer for HKD.

Scale Benchmark

vs BABA

Larger-name benchmark to compare HKD against a more recognizable public peer.

Peer Set

Compare Top 5

vs FUTU, UP, TIGR, NOAH

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HKD Frequently Asked Questions

AMTD Digital Inc. (HKD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is AMTD Digital Inc.'s revenue?

AMTD Digital Inc. (HKD) reported $87.0M in revenue for fiscal year 2026. This represents a 498% increase from $14.6M in 2019.

How fast is AMTD Digital Inc. growing?

AMTD Digital Inc. (HKD) grew revenue by 151.8% over the past year. This is strong growth.

Is HKD profitable?

Yes, AMTD Digital Inc. (HKD) is profitable, generating $161.5M in net income for fiscal year 2026 (92.7% net margin).

Dividend & Returns
What is HKD's return on equity?

AMTD Digital Inc. (HKD) has a return on equity (ROE) of 14.4%. This is reasonable for most industries.

What is AMTD Digital Inc.'s free cash flow?

AMTD Digital Inc. (HKD) generated $120.3M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in HKD back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →