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AMTD Digital, Inc. Sponsored ADR
(NYSE:HKD)
AMTD Digital, Inc. Sponsored ADR (HKD) vs. SPDR S&P 500 ETF (SPY)
AMTD Digital, Inc. Sponsored ADR Business Overview & Revenue Model
AMTD Digital, Inc. Sponsored ADR Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.81M | 23.45M | 390.51M | 33.07M | 331.23M | 196.05M |
| Gross Profit | 18.63M | 18.39M | 342.40M | 23.20M | 125.37M | 25.25M |
| EBITDA | 7.44M | 58.43M | 244.59M | 47.81M | 224.78M | 130.11M |
| Net Income | 62.58M | 44.44M | 499.88M | 41.74M | 215.72M | 178.09M |
Balance Sheet | ||||||
| Total Assets | 719.80M | 502.93M | 4.21B | 661.68M | 3.22B | 3.07B |
| Cash, Cash Equivalents and Short-Term Investments | 141.48M | 40.69M | 141.48M | 162.96M | 15.82M | 416.40M |
| Total Debt | 65.56M | 257.78M | 773.12M | 119.61M | 0.00 | 0.00 |
| Total Liabilities | 159.30M | 344.17M | 1.25B | 140.57M | 107.09M | 173.92M |
| Stockholders Equity | 510.63M | 18.47M | 3.03B | 457.95M | 3.08B | 369.37M |
Cash Flow | ||||||
| Free Cash Flow | 21.34M | 4.09M | 334.03M | 15.50M | 80.38M | 82.83M |
| Operating Cash Flow | 21.36M | 4.25M | 334.29M | 15.50M | 80.42M | 83.00M |
| Investing Cash Flow | -35.99M | -75.53M | -563.26M | -119.49M | -385.56M | 128.33M |
| Financing Cash Flow | -3.97M | -35.81M | -62.12M | 243.46M | 0.00 | 7.90M |
AMTD Digital, Inc. Sponsored ADR Technical Analysis
AMTD Digital, Inc. Sponsored ADR Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $488.53M | 57.50 | 3.87% | ― | 4.42% | 165.42% | |
65 Neutral | $711.74M | 429.55 | 4.45% | ― | 22.97% | 49.49% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | $559.44M | -16.37 | -44.64% | ― | 17.34% | -8.35% | |
55 Neutral | $555.95M | -25.83 | -12.83% | ― | -24.05% | 96.90% | |
50 Neutral | $545.04M | -6.78 | -46.87% | ― | 6.82% | 75.26% | |
44 Neutral | $443.13M | ― | ― | ― | ― | ― |
AMTD Digital, Inc. Sponsored ADR Corporate Events
On November 24, 2025, AMTD Digital’s subsidiary The Generation Essentials Group announced plans to pursue a secondary listing of its Class A ordinary shares on the London Stock Exchange’s Main Market, complementing its existing New York Stock Exchange listing. The move is intended to serve TGE’s geographically diverse shareholder base by improving trading liquidity and strengthening its visibility in the UK and European markets, reinforcing the group’s strategic focus on these regions and potentially broadening its investor base and capital markets access.
The most recent analyst rating on (HKD) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMTD Digital, Inc. Sponsored ADR stock, see the HKD Stock Forecast page.
On December 19, 2025, AMTD Digital Inc. announced that its subsidiary The Generation Essentials Group successfully priced and listed its first sponsored SPAC, TGE Value Creative Solutions Corp, on the New York Stock Exchange. The SPAC’s initial public offering comprised 15 million units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of a redeemable warrant, with trading commencing on December 19, 2025 under the ticker “BEBE U” and the underlying securities expected to trade separately as “BEBE” and “BEBE WS.” The deal was oversubscribed and allocated to reputable investors, underscoring strong market interest in TGE’s SPAC initiative and providing fresh capital to pursue acquisitions primarily in media, digital media, entertainment, high fashion, lifestyle, culture, and gaming sectors, aligned with TGE’s core business. The listing marks the first execution step in TGE’s SPAC-based expansion and acquisition strategy, first outlined in July 2025, and is intended to extend the group’s platform and create accretive synergies and shareholder value across its media and entertainment-focused portfolio.
The most recent analyst rating on (HKD) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMTD Digital, Inc. Sponsored ADR stock, see the HKD Stock Forecast page.
On December 15, 2025, The Generation Essentials Group (TGE), a subsidiary of AMTD Digital Inc., announced the successful execution of a Sale and Purchase Agreement (SPA) to acquire a 50% stake in The Ritz Carlton Hotel in Perth, Australia, valued at A$280 million. This acquisition marks a significant milestone in TGE’s strategic expansion within the hospitality sector, reinforcing its global footprint with premium properties. The Ritz-Carlton, Perth, known for its luxurious amenities and prime location, aligns with TGE’s vision of delivering exceptional hospitality experiences worldwide. This move further strengthens TGE’s portfolio, which includes properties in major cities such as Hong Kong, Singapore, New York, and London, enhancing its market positioning in the global hospitality industry.
The most recent analyst rating on (HKD) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMTD Digital, Inc. Sponsored ADR stock, see the HKD Stock Forecast page.
AMTD Digital Inc.’s subsidiary, The Generation Essentials Group (TGE), has announced its application for a secondary listing on the London Stock Exchange (LSE) as of December 5, 2025. This move is intended to enhance the company’s presence in the UK and Europe, complementing its existing New York Stock Exchange listing. The listing is expected to benefit TGE’s diverse shareholder base by increasing trading liquidity and establishing a stronger profile in a key growth market. The prospectus for this listing has been approved by the UK Financial Conduct Authority and published by TGE, although no new shares will be offered, and no proceeds will be received from this listing.
The most recent analyst rating on (HKD) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMTD Digital, Inc. Sponsored ADR stock, see the HKD Stock Forecast page.
On November 24, 2025, The Generation Essentials Group announced plans to pursue a secondary listing on the London Stock Exchange. This strategic move aims to enhance shareholder diversity, increase trading liquidity, and strengthen TGE’s presence in the UK and European markets, complementing its existing New York Stock Exchange listing.
The most recent analyst rating on (HKD) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMTD Digital, Inc. Sponsored ADR stock, see the HKD Stock Forecast page.
On November 14, 2025, The Generation Essentials Group, a subsidiary of AMTD Digital Inc., announced its agreement to acquire the 100th Ritz Carlton Hotel, located in Perth, Australia. This acquisition marks a significant step in TGE’s expansion in the global hospitality sector, enhancing its portfolio with a landmark property at Elizabeth Quay, featuring luxury accommodations and amenities. This move is expected to bolster TGE’s presence in the hospitality industry and provide stakeholders with increased opportunities for growth and engagement.
The most recent analyst rating on (HKD) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMTD Digital, Inc. Sponsored ADR stock, see the HKD Stock Forecast page.
AMTD Digital Inc. announced an impressive 1,085.9% increase in revenue for the six months ending April 30, 2025, compared to the same period in 2024. This surge was driven by the consolidation of The Generation Essentials Group (TGE) and growth in its hospitality and media segments. The company’s total assets reached US$899.1 million, while net assets amounted to US$548.0 million. The integration of TGE has significantly bolstered AMTD’s media and entertainment segment, contributing to a substantial increase in fashion, arts, and luxury media advertising income. The company also reported a 172.4% growth in hotel operations and hospitality services income. These results reflect AMTD Digital’s strategic development and resilience, positioning it for future opportunities and expansion in various sectors.
On October 20, 2025, The Generation Essentials Group reported a significant financial performance for the first half of 2025, with a 160% increase in revenue compared to the same period in 2024. The company’s hospitality arm saw a 60.3% revenue growth, and the non-GAAP adjusted net income surged over 70% to US$61.0 million. TGE completed a business combination with Black Spade Acquisition II Co., resulting in a one-off share-based payment expense of US$58.9 million. Despite this, the company maintained a strong financial position, with total assets amounting to US$1.25 billion. TGE also launched its first L’Officiel Coffee in Japan, with plans to expand globally, highlighting its commitment to growth in the media, entertainment, and hospitality sectors.