5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings, in HKD as reported — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 16.2% per year over the past 4 years.
Operating margin has contracted, at -770.5% in the latest year.
Financial health
The company holds more cash (HK$31M) than total debt (HK$304657).
Total debt has grown slower than revenue (-47.9% vs 16.2% per year).
Operating income covered interest expense -49.9× in the latest year.
The company is unprofitable; at its current free-cash-flow burn it has roughly 2.2 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
HK$7M
-HK$70M
49.2%
-770.5%
-287.1%
-202.0%
-HK$14M
HK$304657
HK$31M
2024
HK$12M
-HK$5M
52.3%
-50.6%
-10.6%
-9.2%
-HK$20M
HK$900112
HK$42M
2023
HK$9M
-HK$7M
32.8%
-75.7%
-35.3%
-16.9%
HK$4M
HK$911272
HK$4M
2022
HK$4M
-HK$3M
22.7%
-61.4%
63.1%
-40.6%
HK$2M
HK$2M
HK$3M
2021
HK$4M
-HK$981035
35.9%
-22.8%
62.9%
—
-HK$546763
—
HK$1M
Valuation over time
How the market has priced ATGL against its own fundamentals since 2023-10 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 57.6× (Oct '23) to 146.2× (Nov '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is ATGL growing its revenue and profit?
Over the past 4 years, Alpha Technology Group Ltd's revenue has grown 16.2% per year. These are computed facts, not advice.
How much debt does ATGL have?
As of FY2025, Alpha Technology Group Ltd reported HK$304657 of total debt against HK$31M of cash; operating income covered interest expense -49.9×.
What is ATGL's profit margin?
In FY2025, gross margin was 49.2%, operating margin -770.5%, and net margin -952.0%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in HKD as reported (valuation multiples convert at the Federal Reserve H.10 rate of each date, via FRED) (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in HKD) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · FX: Federal Reserve H.10 via FRED (DEXHKUS; 1 HKD = 0.1275 USD on 2026-10-30), the rate of each date for the valuation history · This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.