# AMTD Digital share price today (AMTD Digital Inc., HKD) > AMTD Digital Inc.'s share price has fallen more than its earnings. Earnings per share fell 24.0% in a year while the price moved −45.4%. HKD · Technology · Software - Application · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/hkd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $1.61 (−45.4% in a year) - P/E: 9.8×, against its own history - Revenue (Oct 2025): $62.9 M (+340.9% on a year ago) - Profit (Oct 2025): $27.6 M (+198.1% on a year ago) - Operating margin: 60.5% (+61.3 points on a year ago) - ROE: 9%, FY25 - ROIC: 8.3%, against a 10.5% cost of capital: −2.2 points - Profit that came in as cash: 38%, last 3 years The main question: profits are rising, but only 38% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the AMTD Digital share price today? AMTD Digital Inc.'s share price was $1.61 at the close on 3 November 2026. That is 2.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $1 and $2, and at that close it sat 49% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running. Over the last 1 year the share price moved −9% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does AMTD Digital pay? AMTD Digital Inc. pays no dividend. In the last 9 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is AMTD Digital on? AMTD Digital is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is AMTD Digital profitable? AMTD Digital Inc. earned $27.6 M of net profit in the Oct 2025 quarter, +198.1% on the same quarter a year earlier. Full-year FY25 profit was $54.7 M. Over 5 years profit has grown 21.8% a year on average. That is 43.9% of the quarter's revenue. The same quarter a year earlier earned $31.9 M. For the full year, FY25 profit was $54.7 M (+23.1% on the year before). Why profit moved: revenue changed +340.9% on a year earlier and the margin moved +61.3 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +29.7% and revenue +355.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does AMTD Digital make, and is it growing? AMTD Digital Inc. reported $62.9 M of revenue in the Oct 2025 quarter, +340.9% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 5 years it has grown 38.7% a year on average. The last full year, FY25, came in at $136 M. FY25 revenue was $136 M, +565.7% on the year before. Recent pace: the last four quarters grew +355.9% on average, against 38.7% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does AMTD Digital keep? AMTD Digital Inc.'s operating margin was 60.5% in the Oct 2025 quarter, 61.3 percentage points higher than the same quarter a year ago. Over the last four quarters it has moved +84.3 percentage points. Across 5 years it has been between −14.0% and 64.9%. The latest quarter is within that range. Why the margin moved: operating margin changed +84.3 percentage points on the year while gross margin changed −3.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is AMTD Digital's profit turning into cash? Over the last 3 years, 38% of AMTD Digital Inc.'s reported profit came in as cash from its operations, a gap worth watching. In FY25 it brought in $14.4 M of operating cash against $54.7 M of profit. After $60.0 K of spending on assets, $14.3 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does AMTD Digital's cash go? AMTD Digital Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $253 K on assets over the last 3 years. Averaged over those years that is 0.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $253 K over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is AMTD Digital's P/E ratio, and how does it compare with its own history? AMTD Digital Inc.'s P/E is 9.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −24.0% while the price moved −45.4%. Earnings did better than the price, which pulled the multiple down within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the AMTD Digital business getting better or worse? AMTD Digital Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 7 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does AMTD Digital earn on its capital? AMTD Digital Inc. earned a ROE of 9% in FY25. That is up from a low of 6% in FY21. Its return on capital used (ROIC) is 2.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 40.2% net margin and 0.14× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 40.2% net margin × 0.14× asset turnover × 1.58× leverage (assets divided by equity) ≈ 8.9% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 8.3% − 10.5% = −2.2 percentage points. The 10.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 8.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 14.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does AMTD Digital have too much debt? AMTD Digital Inc. has total debt of $261 M against shareholder equity of $604 M as of Oct 2025, so its debt is 0.43× its equity. Year by year, that ratio went from 0.00 in FY20 to 0.43 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the AMTD Digital shareholding pattern? We have no ownership or short-position figures for AMTD Digital Inc., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 3.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is AMTD Digital from balance-sheet trouble? For AMTD Digital Inc., the Z-score is 2.00. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.00 is in the grey area, neither clearly safe nor clearly in trouble. ## How does AMTD Digital rank in its industry? There is no score against its industry: AMTD Digital Inc. is not among the largest members shown in this industry comparison for Software - Application. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is AMTD Digital compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to AMTD Digital in size? AMTD Digital is the 116th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: VTEX, MMTec, Inc. and Ooma, Inc. Just below it: Yuanbao Inc., Rimini Street, Inc. and Materialise NV. ### Software - Application companies close in size 1. [VTEX](https://www.sectoralpha.in/us/stocks/vtex) $656 million 2. [MMTec, Inc.](https://www.sectoralpha.in/us/stocks/mtc) $562 million 3. [Ooma, Inc.](https://www.sectoralpha.in/us/stocks/ooma) $518 million 4. AMTD Digital Inc. $506 million 5. [Yuanbao Inc.](https://www.sectoralpha.in/us/stocks/yb) $500 million 6. [Rimini Street, Inc.](https://www.sectoralpha.in/us/stocks/rmni) $454 million 7. [Materialise NV](https://www.sectoralpha.in/us/stocks/mtls) $412 million [All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies) ### Companies close in size in other industries 1. [Array Technologies, Inc.](https://www.sectoralpha.in/us/stocks/arry) $522 million · Solar 2. [Tactile Systems Technology, Inc.](https://www.sectoralpha.in/us/stocks/tcmd) $522 million · Medical Devices 3. AMTD Digital Inc. $522 million 4. [Pangaea Logistics Solutions Ltd.](https://www.sectoralpha.in/us/stocks/panl) $521 million · Marine Shipping 5. [Black Rock Coffee Bar, Inc.](https://www.sectoralpha.in/us/stocks/brcb) $521 million · Restaurants ## What else do people ask about AMTD Digital? ### What were AMTD Digital's latest quarterly results? AMTD Digital Inc. reported revenue of $62.9 M and net profit of $27.6 M for the Oct 2025 quarter. Revenue rose 340.9% and profit rose 198.1% compared with a year earlier. The operating margin was 60.5%, 61.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is AMTD Digital's market cap? AMTD Digital Inc.'s market capitalisation is $506 M at a stock price of $1.61. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is AMTD Digital performing? AMTD Digital Inc.'s latest readings are below. In its latest quarter, revenue rose 340.9% and profit rose 198.1% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 3 November 2026). ### Will AMTD Digital's stock price go up? This page does not forecast AMTD Digital Inc.'s stock price. What it shows instead: the stock price is $1.61. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does AMTD Digital have too much debt? AMTD Digital Inc. has a moderate amount of debt: its debt is 0.47× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is AMTD Digital in its business cycle? AMTD Digital Inc.'s FY25 operating margin was 63.3%, against a 5-year range of −14.0% to 64.9%: the middle of its own range, neither a peak nor a low. The latest quarter was 60.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the AMTD Digital story? The main question: profits are rising, but only 38% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is AMTD Digital a stock worth studying right now? What the numbers show: AMTD Digital Inc.'s share price has fallen more than its earnings. Earnings per share fell 24.0% in a year while the price moved −45.4%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.