ATGL Alpha Technology Group Ltd

Overview and Growth

Fiscal 2025 results for Alpha Technology Group Ltd combined $950.54K of revenue with net loss of $9.05M and an operating cash outflow of $1.69M. The $950.54K revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 40.2% below fiscal 2024 revenue of $1.59M, marking a top-line contraction. The company employed $4.48M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.21x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $467.58K of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 49.2%, so that share of each revenue unit remained after the cost of revenue reported for the period. The company recorded an operating loss of $7.32M after the reported operating expense base. The operating loss equaled 770.5% of revenue, showing the scale of the operating deficit relative to sales. After all below-operating-line items, the company recorded a net loss of $9.05M for the fiscal year. Net margin was -952.0%, reflecting a loss equal to 952.0% of reported revenue. Before income taxes, the company recorded a loss of $9.19M, bridging the operating result to the final net loss. The pretax loss equaled 966.3% of revenue, measuring the pre-tax deficit against sales. An income-tax benefit of $136.47K improved the final result relative to pretax income or loss. Relative to period-end equity, the net loss represented 287.1%. Relative to total assets, the net loss represented 202.0%. The bottom-line deficit increased from $706.34K in fiscal 2024 to $9.05M.

Liquidity and Capital Structure

Total assets were $4.48M, supported by $1.33M of liabilities and $3.15M of shareholder equity. Current assets were $4.23M against $1.27M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 3.33x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $3.97M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 312.9%, excluding receivables and other current assets. The company carried $39.15K of total debt at period end, which frames its leverage and debt-service burden. Against book equity, debt measured 0.01x, placing the company’s financial leverage in clear balance-sheet terms. Relative to total assets, debt measured 0.9%, showing how much of the asset base was matched by borrowing. The equity-to-assets relationship was 70.4%, placing book capital against the total resource base. Relative to total assets, liabilities measured 29.6%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 88.7%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 41.8% from $7.70M in fiscal 2024, leaving current total assets lower year over year. Against $6.65M of equity in fiscal 2024, the current book-equity balance moved 52.6% and ended lower. The reported cash balance changed 26.1% from $5.38M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $1.69M, rather than cash generation from operations. Capital spending of $100.91K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. Negative free cash flow was $1.79M, leaving a cash deficit after capital spending and reducing financial flexibility. Relative to revenue, the post-investment cash deficit represented 188.5%. Relative to total assets, the post-investment cash deficit measured 40.0%.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Oct 21, 2026.