SUGP SU Group Holdings Ltd

Overview and Growth

SU Group Holdings Ltd generated $24.72M of revenue in fiscal 2025, with net loss of $2.37M and an operating cash outflow of $1.99M. Revenue of $24.72M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $23.43M in fiscal 2024, revenue recorded a 5.5% year-over-year increase. The company reported diluted EPS of -$1.72, adding a shareholder-level measure to the absolute income figures considered below. Total assets stood at $16.18M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 1.53x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $3.95M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 16.0%, so that share of each revenue unit remained after the cost of revenue reported for the period. The company recorded an operating loss of $2.57M after the reported operating expense base. Relative to revenue, the operating deficit measured 10.4%, showing the shortfall after operating costs. The company ended the period with a net loss of $2.37M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 9.6% after all recognized items. The company reported negative EBITDA of $2.35M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. Before income taxes, the company recorded a loss of $2.46M, bridging the operating result to the final net loss. Pretax margin was -9.9%, reflecting a pre-tax loss equal to 9.9% of revenue. The reported tax benefit was $82.65K, favorably bridging the pretax and after-tax results. The loss-to-equity relationship was 21.5%, placing the bottom-line deficit against shareholder capital. Relative to total assets, the net loss represented 14.7%. A $2.37M net loss replaced fiscal 2024 net income of $1.37M.

Liquidity and Capital Structure

The company held $16.18M of assets against $5.11M of liabilities and $11.07M of equity, revealing how the asset base was financed. At period end, current assets of $12.36M compared with current liabilities of $4.39M, defining the company’s short-term resource position. The current ratio was 2.82x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. The company held $3.26M in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 74.3% of current liabilities, showing how much near-term coverage came from cash alone. Equity equaled 68.4% of assets, showing the shareholder-capital layer within the company’s balance sheet. Liabilities represented 31.6% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 20.1% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 19.9% from $20.21M in fiscal 2024, leaving current total assets lower year over year. Reported equity changed 12.0% from $12.57M in fiscal 2024, placing the current capital base lower year over year. The reported cash balance changed 51.6% from $6.73M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $1.99M, rather than cash generation from operations. The company spent $210.78K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. Negative free cash flow was $2.20M, leaving a cash deficit after capital spending and reducing financial flexibility. Relative to revenue, the post-investment cash deficit represented 8.9%. The free-cash-flow deficit equaled 13.6% of total assets, placing the cash shortfall against the company’s resource base.

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