Amtd Idea Group
AMTD NYSE Finance Services Financials FY2021–FY2025
What Amtd Idea Group does
No business description yet.
- Legal name
- AMTD IDEA GROUP
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 29, 2026
- Accession · CIK
- 0001213900-26-049333
0001769731
Revenue and margins
Amtd Idea Group had $101M of revenue in fiscal 2025, up 25.8% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $17.1M in fiscal 2025, 16.9% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Amtd Idea Group returned — to shareholders in fiscal 2025. The diluted share count rose 0.0%.
Balance sheet
Cash, debt and the ratios that show how comfortably Amtd Idea Group can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $67.5M | $138M | $120M | $62.9M | $51.1M |
| Debt incl. finance leases | $49.9M | $20.6M | $166M | $551M | $562M |
| Debt / equity | 0.1x | 0.0x | 0.2x | 0.4x | 0.4x |
| Current ratio | 5.0x | 13.9x | 7.7x | 10.6x | 8.8x |
| Quick ratio | 5.0x | 13.9x | 7.7x | 10.6x | 8.8x |
| Total assets | $858M | $1.1B | $1.5B | $2.1B | $2.3B |
| Total liabilities | $115M | $58.3M | $193M | $370M | $385M |
| Shareholders' equity | $512M | $742M | $1.1B | $1.4B | $1.4B |
| Net debt (− = net cash) | −$17.6M | −$118M | $45.5M | $488M | $511M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✓ | ✓ | ✓ | ✓ |
| Return on assets rose | — | ✕ | ✕ | ✕ | ✓ |
| Cash from operations exceeds net income | ✕ | ✕ | ✕ | ✕ | ✕ |
| Debt fell relative to assets | — | ✓ | ✕ | ✕ | ✓ |
| Current ratio rose | — | ✓ | ✕ | ✓ | ✕ |
| Share count didn't rise | — | — | — | — | — |
| Gross margin rose | — | — | — | — | — |
| Revenue rose relative to assets | — | ✕ | ✕ | ✕ | ✓ |
| F-score | — / 3 | 4 / 7 | 2 / 7 | 3 / 7 | 5 / 7 |
| Accruals ratio | 11.8% | 14.0% | 8.9% | 2.7% | 2.3% |
| Altman Z'' | — | — | — | — | — |
5 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | $180M | $175M | $131M | $80.5M | $101M |
| Pretax income | $171M | $174M | $158M | $55.2M | $68.8M |
| Income tax | $14.1M | $13.4M | $4.3M | $1.6M | $1.6M |
| Net income | $157M | $160M | $153M | $53.6M | $67.3M |
| Cash flow | |||||
| Cash from operations | $55.9M | $26.6M | $40.0M | $5.2M | $17.8M |
| Capital expenditure | $0.0M | $0.0M | $0.1M | $0.0M | $0.7M |
| Free cash flow | $55.9M | $26.6M | $39.9M | $5.2M | $17.1M |
| Depreciation and amortization | $0.0M | $0.7M | $2.6M | $6.8M | $9.9M |
| Acquisitions | $0.0M | −$13.3M | −$1.3M | −$4.3M | — |
| Balance sheet | |||||
| Cash and short-term investments | $67.5M | $138M | $120M | $62.9M | $51.1M |
| Total debt | $49.9M | $20.6M | $166M | $551M | $562M |
| Deposits | — | — | — | $33.0M | $33.0M |
| Current assets | $498M | $761M | $1.2B | $1.5B | $1.4B |
| Current liabilities | $99.1M | $54.5M | $157M | $143M | $162M |
| Property and equipment, net | $0.0M | $0.0M | $70.1M | $291M | $314M |
| Goodwill | $0.0M | $7.5M | $7.5M | — | — |
| Intangible assets | $1.9M | $97.0M | $118M | $119M | $119M |
| Total assets | $858M | $1.1B | $1.5B | $2.1B | $2.3B |
| Total liabilities | $115M | $58.3M | $193M | $370M | $385M |
| Shareholders' equity | $512M | $742M | $1.1B | $1.4B | $1.4B |
| Margins | |||||
| Net margin | 87.4% | 91.6% | 117.2% | 66.6% | 66.4% |
| FCF margin | 31.1% | 15.2% | 30.5% | 6.4% | 16.9% |
| Returns | |||||
| Return on equity | 30.7% | 25.6% | 17.1% | 4.4% | 4.9% |
| Return on assets | 18.3% | 16.7% | 12.0% | 3.0% | 3.1% |
| Return on tangible equity | 30.8% | 25.2% | 16.6% | 4.3% | 5.4% |
| Growth | |||||
| Revenue growth | — | −2.6% | −25.3% | −38.5% | 25.8% |
| Net income growth | — | 2.1% | −4.4% | −65.1% | 25.5% |
| FCF growth | — | −52.4% | 49.9% | −87.1% | 231.8% |
| Financial health | |||||
| Debt / equity | 0.1x | 0.0x | 0.2x | 0.4x | 0.4x |
| Current ratio | 5.0x | 13.9x | 7.7x | 10.6x | 8.8x |
| Quick ratio | 5.0x | 13.9x | 7.7x | 10.6x | 8.8x |
| Capital allocation | |||||
| Capex / revenue | 0.0% | 0.0% | 0.1% | 0.0% | 0.7% |
| Quality scores | |||||
| Piotroski F-score | — | 4.0 | 2.0 | 3.0 | 5.0 |
| Accruals ratio | 11.8% | 14.0% | 8.9% | 2.7% | 2.3% |
Source: SEC EDGAR XBRL filings (CIK 0001769731). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Per-share figures are per US-listed share (1 ADS = 6 ordinary shares). For information only — not investment advice. Check the original filings before relying on any figure.