ATGL on Nasdaq
Alpha Technology Group Ltd
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Last updated Oct 16, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
System Development brought in 56% of the revenue Alpha Technology Group Ltd broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| System Development | 5.9M HKD | 4.2M HKD |
| Technological Support And Maintenance Service And Other Services | 2.2M HKD | 2.1M HKD |
| Hardware Installation | 967.2K HKD | |
| AIOCRDevelopment | 807.9K HKD | 195.8K HKD |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue17¢$483.0K
- Selling, general and admin78¢$2.2M
- Income tax5¢$136.5K
Out of $950.5K in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement in the latest annual report, as filed.2
| Period ending | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Revenues | 7.4M HKD | 12.4M HKD |
| Cost of revenue | -3.8M HKD | -5.9M HKD |
| Gross profit | 3.6M HKD | 6.5M HKD |
| Listing expenses | -1.1M HKD | |
| Share compensation | -43.3M HKD | |
| Selling, general and administrative expenses | -17.3M HKD | -11.6M HKD |
| Total operating expenses | -60.6M HKD | -12.7M HKD |
| Loss from operations | -57.0M HKD | -6.3M HKD |
| Other income, net | 1.1M HKD | 768.1K HKD |
| (Allowance) reversed for credit loss | -852.2K HKD | 100.0K HKD |
| Goodwill impairment | -10.0M HKD | |
| Impairment on intangible asset | -3.6M HKD | |
| Share of loss of joint venture | -6.0K HKD | |
| Interest expense, net | -1.1M HKD | -102.2K HKD |
| Total other (loss) income, net | -14.5M HKD | 765.9K HKD |
| Loss before tax expense | -71.5M HKD | -5.5M HKD |
| Income tax credit (expense) | 1.1M HKD | |
| Net and total comprehensive loss | -70.4M HKD | -5.5M HKD |
| Basic (in Dollars per share and Dollars per share) | -4.00 HKD | |
| Diluted (in Dollars per share and Dollars per share) | -4.00 HKD | |
| Basic (in Shares) | 16.5M shares | 15.3M shares |
| Diluted (in Shares) | 16.4M shares | 14.9M shares |
No quarterly figures reported.
Every line of the balance sheet in the latest annual report, as filed.2
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Cash and cash equivalent | 30.9M HKD | 41.8M HKD | |
| Accounts receivable, net | 1.1M HKD | 1.3M HKD | |
| Deposit and prepayment | 107.5K HKD | 51.7K HKD | |
| Deferred cost of revenue | 752.4K HKD | 523.4K HKD | |
| Due from shareholders | 100 HKD | 100 HKD | |
| Total current assets | 32.9M HKD | 43.7M HKD | |
| Property and equipment, net | 773.0K HKD | 74.1K HKD | |
| Intangible assets | 4.1M HKD | ||
| Goodwill | 10.2M HKD | ||
| Right of use asset-finance lease | 12.8K HKD | 89.8K HKD | |
| Right of use asset-operating lease | 996.8K HKD | 1.5M HKD | |
| Rental deposit | 179.3K HKD | 179.3K HKD | |
| Total non-current assets | 2.0M HKD | 16.1M HKD | |
| TOTAL ASSETS | 34.9M HKD | 59.8M HKD | |
| Account payable | 363.8K HKD | ||
| Bank loans current | 304.7K HKD | 594.6K HKD | |
| Other loans - current | 3.7M HKD | 856.0K HKD | |
| Accrued expenses and other liabilities | 938.6K HKD | 1.0M HKD | |
| Lease liability-operating lease | 546.6K HKD | 520.0K HKD | |
| Lease liability-finance lease | 20.9K HKD | 122.2K HKD | |
| Contract liabilities | 2.1M HKD | 1.7M HKD | 6.0M HKD |
| Deferred tax liabilities | 844.3K HKD | ||
| Tax payables | 159.9K HKD | ||
| Due to directors | 2.0M HKD | 989.7K HKD | |
| Total current liabilities | 9.9M HKD | 6.9M HKD | |
| Bank loans non-current | 305.5K HKD | ||
| Lease liability-operating lease-non-current | 450.1K HKD | 996.8K HKD | |
| Lease liability-finance lease-non-current | 20.9K HKD | ||
| Total non-current liabilities | 450.1K HKD | 1.3M HKD | |
| TOTAL LIABILITIES | 10.3M HKD | 8.2M HKD | |
| Additional paid-in capital | 97.4M HKD | 54.1M HKD | |
| Capital reserves | 10.0M HKD | 10.0M HKD | |
| Accumulated deficit | -82.9M HKD | -12.5M HKD | |
| Total shareholders equity | 24.5M HKD | 51.6M HKD | 19.4M HKD |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 34.9M HKD | 59.8M HKD |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.2
| Period ending | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Net loss | -70.4M HKD | -5.5M HKD |
| Depreciation | 86.2K HKD | 15.3K HKD |
| Amortization of intangible assets | 511.7K HKD | 511.7K HKD |
| Amortization of right-of-use asset finance lease | 76.9K HKD | 76.9K HKD |
| Amortization of right-of-use asset operating lease | 520.0K HKD | 117.5K HKD |
| Goodwill written off | 539 HKD | |
| Goodwill impairment | 10.0M HKD | |
| Impairment on intangible asset | 3.6M HKD | |
| Interest for finance lease | 3.9K HKD | 9.2K HKD |
| Share of loss of joint venture | 6.0K HKD | |
| Allowance (reversed) for doubtful account | 852.2K HKD | -100.0K HKD |
| Share compensation | 43.3M HKD | |
| Accounts receivable | -652.7K HKD | -926.8K HKD |
| Prepayment and deposit | -55.8K HKD | -111.5K HKD |
| Account payable | 363.8K HKD | |
| Accrued expenses and other liabilities | 140.4K HKD | -10.9M HKD |
| Lease liability | -520.0K HKD | -68.9K HKD |
| Contract liabilities | 321.9K HKD | -4.3M HKD |
| Deferred tax liabilities | -844.3K HKD | |
| Income taxes payable | -159.9K HKD | -73.4K HKD |
| Deferred cost of revenue | -229.0K HKD | 1.6M HKD |
| Cash (used in) provided by operating activities | -13.2M HKD | -19.6M HKD |
| Purchase of property and equipment | -785.2K HKD | -34.3K HKD |
| Payment to acquire right of use assets-finance lease | -48.7K HKD | |
| Cash used in investing activities | -785.2K HKD | -83.0K HKD |
| Proceeds from issue of shares | 44.1M HKD | |
| Capital reserves from shareholders | -6.4M HKD | |
| Repayment to bank loans | -595.5K HKD | -573.5K HKD |
| Deferred offering costs | 18.8M HKD | |
| Advanced from a director | 960.0K HKD | 544.7K HKD |
| Advanced from related parties | 640.7K HKD | |
| Other loans granted | 7.6M HKD | 1.1M HKD |
| Repayment to other loans | -4.8M HKD | -223.0K HKD |
| Principal payment for obligation under finance leases | -126.1K HKD | -126.1K HKD |
| Cash provided by (used in) financing activities | 3.1M HKD | 57.8M HKD |
| Net (decreased) increase in cash | -10.9M HKD | 38.2M HKD |
| Cash paid for interest | 1.1M HKD | 102.2K HKD |
| Cash (refund) paid for taxes | -57.7K HKD | 73.4K HKD |
| Lease liabilities arising from obtaining right-of-use assets | 1.6M HKD | |
| Operating cash payments for operating leases | 584.1K HKD | 124.0K HKD |
| Operating cash payments for finance leases | 3.9K HKD | 9.2K HKD |
| Financing cash payments for finance leases | 122.2K HKD | 116.8K HKD |
Recent filings
- Sep 30, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Jun 25, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Jun 16, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Apr 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Mar 31, 20263
- Mar 31, 20263
- Mar 31, 20263
- Mar 31, 20263
- Mar 31, 20263
- Mar 4, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Jan 30, 202620-F ANNUAL REPORT
- Dec 19, 20256-K REPORT OF FOREIGN PRIVATE ISSUER
- Sep 29, 20256-K REPORT OF FOREIGN PRIVATE ISSUER
- Apr 28, 202520-F/A AMENDMENT NO. 1 TO FORM 20-F
- Apr 22, 2025UPLOAD
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
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