ATGLNasdaqServices-Computer Programming ServicesFiscal year ends September 30
Alpha Technology Group Ltd
Financials through fiscal 2025, year ended Sep 30, 2025Last filing: 20-F on Jan 30, 2026
$4.54−0.36 (-7.35%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
49.2%
Operating margin
-770.5%
Net margin
-952.0%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -40.1% | +18.7% | – | – | |
| Gross profit | -43.7% | +53.7% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -184.9% | |
| Return on assets | – | – | -148.7% | |
| Current ratio | – | – | 3.33 | |
| Debt to equity | – | – | – | |
| Net debt to EBITDA | – | – | – | |
| Interest coverage | – | – | -49.9× | |
| Capex to revenue | – | – | 10.6% | |
| Diluted shares | – | – | 16M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Alpha Technology generated 38.87M HKD from operations and spent 908.27K HKD on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
38.87M HKD
Used
908.27K HKD
Capital expenditure908.27K HKD100%Dividends0 HKD0%Share buybacks0 HKD0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-952.0%
×Asset turnover0.16×
×Equity multiplier1.24×
=Return on equity, FY2025-184.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -952.0% | 0.16× | 1.24× | -184.9% |
| FY2024 | -44.4% | 0.25× | 1.41× | -15.5% |
| FY2023 | -80.4% | 0.37× | 3.11× | -92.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
1of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-70.41M HKD
- Cash generatingOperating cash flow above zero-13.16M HKD
- Return on assets improvedROA up on the prior year-13.5% → -117.7%
- Earnings backed by cashOperating cash flow above net income-13.16M HKD vs -70.41M HKD
- Less leverageLong-term debt to assets fell0.5% → –
- Better liquidityCurrent ratio rose6.37 → 3.33
- No dilutionShare count did not rise15M → 16M
- Gross margin improvedGross margin up on the prior year52.27% → 49.19%
- More efficientAsset turnover rose0.30 → 0.12