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Virtual Mind Holding Company Limited
(1520)
Virtual Mind Holding Company Limited (1520) vs. iShares MSCI Hong Kong ETF (EWH)
Virtual Mind Holding Company Limited Business Overview & Revenue Model
Virtual Mind Holding Company Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 122.79M | 129.59M | 66.33M | 89.62M | 139.82M | 114.47M |
| Gross Profit | 6.41M | 9.03M | 11.23M | 14.06M | 38.70M | 24.96M |
| EBITDA | -75.45M | -55.28M | -84.69M | -49.20M | -38.77M | -58.68M |
| Net Income | -91.13M | -76.63M | -93.75M | -65.88M | -46.27M | -68.11M |
Balance Sheet | ||||||
| Total Assets | 189.19M | 195.07M | 214.19M | 288.37M | 234.83M | 283.70M |
| Cash, Cash Equivalents and Short-Term Investments | 14.74M | 17.09M | 43.80M | 65.20M | 31.03M | 78.55M |
| Total Debt | 15.69M | 26.60M | 43.91M | 31.46M | 7.95M | 4.97M |
| Total Liabilities | 42.70M | 65.05M | 65.47M | 79.07M | 38.58M | 45.27M |
| Stockholders Equity | 147.73M | 130.96M | 148.11M | 208.43M | 196.26M | 238.43M |
Cash Flow | ||||||
| Free Cash Flow | -55.14M | -79.09M | -28.85M | -82.49M | -59.52M | -20.75M |
| Operating Cash Flow | -53.75M | -77.70M | -27.73M | -81.01M | -58.79M | -20.75M |
| Investing Cash Flow | 7.73M | -1.24M | -930.00K | 73.98M | -730.00K | 4.42M |
| Financing Cash Flow | 32.27M | 53.84M | 10.24M | 46.66M | -928.00K | -6.01M |
Virtual Mind Holding Company Limited Technical Analysis
Virtual Mind Holding Company Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | HK$443.14M | 5.53 | 2.55% | 2.41% | -4.07% | -26.53% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | HK$767.70M | 6.96 | 4.94% | 5.08% | 0.72% | 2.24% | |
46 Neutral | HK$1.09B | ― | -60.17% | ― | 90.88% | 29.21% | |
46 Neutral | HK$375.71M | -18.52 | -2.76% | 4.69% | -1.24% | 5.98% | |
46 Neutral | HK$809.12M | -30.90 | -6.24% | ― | 5.88% | 16.82% | |
39 Underperform | HK$760.05M | ― | -74.13% | ― | 2.67% | -54.41% |
Virtual Mind Holding Company Limited Corporate Events
Virtual Mind Holding Company Limited has clarified details regarding its Share Subscription Facility Agreement, which involves issuing shares and warrants over the next three years. This strategic move, facilitated by an agreement with an alternative investment fund under the Global Emerging Markets Group, aims to bolster the company’s financial strategy and market positioning.
Virtual Mind Holding Company Limited has announced a further delay in the dispatch of a circular related to its acquisition of a 10% equity interest in N-Bridge Capital Group Limited. This acquisition is considered a disclosable and connected transaction under the Listing Rules. The delay is due to the additional time needed to prepare and finalize the necessary information for the circular, which is now expected to be dispatched by January 14, 2026. This postponement may affect the company’s timeline for completing the acquisition and could have implications for its strategic positioning and stakeholder engagement.
Virtual Mind Holding Company Limited, listed on the Hong Kong Stock Exchange, announced a further delay in the despatch of a circular related to a discloseable and connected transaction involving the assignment of loans. The circular, which includes important details such as the Sale and Purchase Agreement and recommendations from the Independent Board Committee, was initially expected by December 1, 2025, but is now postponed to January 14, 2026, to allow more time for preparation.
Virtual Mind Holding Company Limited has announced further details regarding its Share Award Scheme, specifically focusing on the performance targets and clawback mechanisms associated with the grants of award shares. The company has set performance targets that include milestone achievements in fundraising, new business ventures, and partnerships, with a requirement for recipients to serve the group for more than one year. Additionally, a clawback mechanism is in place to retrieve shares if a grantee harms the company’s interests or reputation through legal violations or professional misconduct.
Virtual Mind Holding Company Limited has announced significant changes to its board of directors, impacting its governance structure. Effective from November 12, 2025, Ms. Yeung Riviera has resigned as an independent non-executive director to focus on her business pursuits. Mr. Cheung Pak To, BBS, with extensive experience in public administration and corporate governance, has been appointed as an independent non-executive director, while Ms. Kot Mui has been appointed as a non-executive director. These changes are expected to influence the company’s strategic direction and board dynamics.
Virtual Mind Holding Company Limited has announced the composition of its board of directors, detailing the roles and functions of each member. The board comprises executive, non-executive, and independent non-executive directors, who are also members of various committees such as Audit, Remuneration, Nomination, and Corporate Governance. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic decision-making and stakeholder engagement.
Virtual Mind Holding Company Limited announced the grant of 4,000,000 Award Shares to two employees under its Share Award Scheme, with a vesting period of 12 months and performance targets required for vesting. The market value of these shares is HK$4,720,000, and they are subject to a clawback mechanism under certain conditions, such as financial misstatements or misconduct by the employees. This move is part of the company’s strategy to incentivize employees without exceeding 1% of the shares in issue, and it does not require shareholder approval.
Virtual Mind Holding Company Limited, a company incorporated in the Cayman Islands, announced a further delay in the dispatch of a circular related to its acquisition of a 10% equity interest in N-Bridge Capital Group Limited. This acquisition is classified as a disclosable and connected transaction under the Listing Rules. The delay in dispatching the circular, which includes important details and advice regarding the transaction, is due to the need for additional time to prepare and finalize the necessary information. The company now expects to dispatch the circular by December 1, 2025.
Virtual Mind Holding Company Limited has announced a delay in the dispatch of a circular related to a discloseable and connected transaction involving the assignment of loans. The company cited the need for additional time to prepare and finalize the information required for the circular, which will now be dispatched by December 1, 2025. This delay may impact the timeline for shareholder engagement and decision-making regarding the transaction.
Virtual Mind Holding Company Limited has announced a memorandum of cooperation with the Saudi Ministry of Industry and Mineral Resources to advance Saudi Arabia’s industrial sector through digital transformation and smart manufacturing. Additionally, the company has entered a cooperation framework agreement with iFLYTEK to develop an AI and robotics industry ecosystem for the Saudi Smart Manufacturing Project. This strategic move is expected to enhance Virtual Mind’s market presence and innovation capabilities, while also contributing to Saudi Arabia’s goal of becoming a leader in advanced manufacturing and technology.
Virtual Mind Holding Company Limited has announced a discloseable and connected transaction involving the assignment of loans. This transaction, which involves a wholly-owned subsidiary of the company, requires approval from independent shareholders due to the assignee being a connected person. An Extraordinary General Meeting (EGM) will be convened for this purpose, and a circular detailing the transaction will be distributed to shareholders. The transaction is subject to certain conditions and may not proceed, with shareholders advised to exercise caution.
Virtual Mind Holding Company Limited has announced a further delay in the dispatch of a circular related to its acquisition of a 10% equity interest in N-Bridge Capital Group Limited. This acquisition is a disclosable and connected transaction under the Listing Rules, and the delay is due to the additional time required to prepare and finalize the necessary information. The company now expects to dispatch the circular by October 31, 2025, which may impact the timeline for shareholder engagement and transaction completion.
Virtual Mind Holding Company Limited announced a further delay in the dispatch of a circular related to its acquisition of a 10% equity interest in N-Bridge Capital Group Limited. This transaction is considered a disclosable and connected transaction under the Listing Rules. The delay is due to the additional time needed to prepare and finalize the necessary information, with the new expected dispatch date set on or before 19 September 2025.