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AMTD IDEA GROUP

AMTD Clue Score42
Cayman Islands Fiscal year ends December CIK 0001769731
$0.51 -12.63% Close, 9 Oct 2026
Price $0.51 −88.25% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 5 Aug 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2017Revenue1.03Net income0.57Fiscal year 2018Revenue0.72 −30.0%Net income0.47 −17.6%Fiscal year 2019Revenue1.20 +66.5%Net income0.94 +100.5%Fiscal year 2020Revenue1.12 −7.1%Net income1.06 +13.0%Fiscal year 2021Revenue0.09 −92.2%Net income0.16 −85.2%Fiscal year 2022Revenue0.11 +20.4%Net income0.16 +2.1%Fiscal year 2023Revenue0.13 +24.2%Net income0.15 −4.4%Fiscal year 2024Revenue0.08 −38.5%Net income0.05 −65.1%Fiscal year 2025Revenue0.10 +25.8%Net income0.07 +25.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1.03 0.72 1.20 1.12 0.09 0.11 0.13 0.08 0.10
Growth −30.0% +66.5% −7.1% −92.2% +20.4% +24.2% −38.5% +25.8%
Net income 0.57 0.47 0.94 1.06 0.16 0.16 0.15 0.05 0.07
Growth −17.6% +100.5% +13.0% −85.2% +2.1% −4.4% −65.1% +25.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2017Net margin55.0%Free cash flow margin8.1%Fiscal year 2018Net margin64.7%Free cash flow margin10.9%Fiscal year 2019Net margin77.9%Free cash flow margin58.9%Fiscal year 2020Net margin94.8%Free cash flow margin178.3%Fiscal year 2021Net margin179.6%Free cash flow margin63.9%Fiscal year 2022Net margin152.3%Free cash flow margin25.3%Fiscal year 2023Net margin117.2%Free cash flow margin30.5%Fiscal year 2024Net margin66.6%Free cash flow margin6.4%Fiscal year 2025Net margin66.4%Free cash flow margin16.9%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 55.0% 64.7% 77.9% 94.8% 179.6% 152.3% 117.2% 66.6% 66.4%
Free cash flow margin 8.1% 10.9% 58.9% 178.3% 63.9% 25.3% 30.5% 6.4% 16.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow0.08Capital expenditure−0.00Free cash flow0.08Fiscal year 2018Operating cash flow0.08Capital expenditure−0.00Free cash flow0.08 −6.0%Fiscal year 2019Operating cash flow0.71Capital expenditure−0.00Free cash flow0.71 +797.0%Fiscal year 2020Operating cash flow1.99Capital expenditure−0.00Free cash flow1.99 +181.0%Dividends paid−0.06Fiscal year 2021Operating cash flow0.06Capital expenditure0.00Free cash flow0.06 −97.2%Dividends paid−0.12Fiscal year 2022Operating cash flow0.03Capital expenditure−0.00Free cash flow0.03 −52.4%Dividends paid−0.12Fiscal year 2023Operating cash flow0.04Capital expenditure−0.00Free cash flow0.04 +49.9%Fiscal year 2024Operating cash flow0.01Capital expenditure−0.00Free cash flow0.01 −87.1%Fiscal year 2025Operating cash flow0.02Capital expenditure−0.00Free cash flow0.02 +231.8%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.08 0.08 0.71 1.99 0.06 0.03 0.04 0.01 0.02
Capital expenditure −0.00 −0.00 −0.00 −0.00 0.00 −0.00 −0.00 −0.00 −0.00
Free cash flow 0.08 0.08 0.71 1.99 0.06 0.03 0.04 0.01 0.02
Growth −6.0% +797.0% +181.0% −97.2% −52.4% +49.9% −87.1% +231.8%
Dividends paid n/a n/a n/a −0.06 −0.12 −0.12 n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.09Shareholders’ equity2.67Fiscal year 2018Cash0.13Shareholders’ equity2.65Fiscal year 2019Cash0.77Total debt0.00Net cash (debt)0.77Shareholders’ equity6.83Debt to equity0.00Fiscal year 2020Cash0.06Total debt0.23Net cash (debt)−0.17Shareholders’ equity7.89Debt to equity0.03Fiscal year 2021Cash0.07Total debt0.05Net cash (debt)0.02Shareholders’ equity0.51Debt to equity0.10Fiscal year 2022Cash0.14Total debt0.02Net cash (debt)0.12Shareholders’ equity0.74Debt to equity0.03Fiscal year 2023Cash0.12Total debt0.10Net cash (debt)0.02Shareholders’ equity1.05Debt to equity0.09Fiscal year 2024Cash0.06Total debt0.28Net cash (debt)−0.22Shareholders’ equity1.36Debt to equity0.21Fiscal year 2025Cash0.05Total debt0.29Net cash (debt)−0.24Shareholders’ equity1.38Debt to equity0.21
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.09 0.13 0.77 0.06 0.07 0.14 0.12 0.06 0.05
Total debt n/a n/a 0.00 0.23 0.05 0.02 0.10 0.28 0.29
Net cash (debt) n/a n/a 0.77 −0.17 0.02 0.12 0.02 −0.22 −0.24
Shareholders’ equity 2.67 2.65 6.83 7.89 0.51 0.74 1.05 1.36 1.38
Debt to equity n/a n/a 0.00 0.03 0.10 0.03 0.09 0.21 0.21

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
1.03 0.72 1.20 1.12 0.09 0.11 0.13 0.08 0.10
Growth −30.0% +66.5% −7.1% −92.2% +20.4% +24.2% −38.5% +25.8%
n/a n/a n/a n/a 0.00 0.00 0.00 0.00 0.00
0.81 0.61 0.99 1.00 0.17 0.17 0.16 0.06 0.07
0.14 0.08 0.16 −0.14 0.01 0.01 0.00 0.00 0.00
0.57 0.47 0.94 1.06 0.16 0.16 0.15 0.05 0.07
Growth −17.6% +100.5% +13.0% −85.2% +2.1% −4.4% −65.1% +25.5%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue shrank 38.2% a year over five years.
  • Profitable in every one of the 9 years on file.