AMTD IDEA Group announced the filing of its annual report on Form 20-F with the Securities and Exchange Commission for the fiscal year ended December 31, 2024. The report details the company's financial performance and strategic developments.
For the fiscal year 2024, AMTD IDEA Group reported annual revenue of $54.07 million and a net income of $51.04 million, resulting in a net profit margin of 94.40%. The company also achieved a gross profit margin of 45.22% and an operating profit margin of 48.17%.
The company generated $5.16 million in annual operating cash flow and $5.15 million in annual free cash flow for 2024. As of December 31, 2024, total assets stood at $2.07 billion, with common stock equity of $1.59 billion, and a current ratio of 10.62, indicating strong liquidity and a conservative debt-to-equity ratio of 0.18.
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