New Risk • Jun 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 74% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Market cap is less than US$100m (HK$488.7m market cap, or US$62.4m). New Risk • Dec 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$698.3m (US$89.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 74% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$698.3m market cap, or US$89.7m). New Risk • Dec 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 74% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). お知らせ • Oct 21
Moon Inc. to Report First Half, 2026 Results on Oct 31, 2025 Moon Inc. announced that they will report first half, 2026 results on Oct 31, 2025 Reported Earnings • Aug 01
Full year 2025 earnings released: EPS: HK$0.004 (vs HK$0.037 in FY 2024) Full year 2025 results: EPS: HK$0.004 (down from HK$0.037 in FY 2024). Revenue: HK$189.6m (down 25% from FY 2024). Net income: HK$1.79m (down 88% from FY 2024). Profit margin: 0.9% (down from 5.9% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 145% per year, which means it is well ahead of earnings. お知らせ • Jul 04
210K Capital managed by UTXO Management GP, LP, Kliff Capital, Moon Inc. (SEHK:1723), Mythos Ventures Fund I, L.P., Mythos Ventures, SORA SPIRAL PTE. LTD., ASIASTRATEGY TOPWIN SG PTE. LIMITED, Mythos BitYield Company Limited and Simon Morris Gerovich proposed to acquire DV8 Public Company Limited (SET:DV8) for approximately THB 740 million. 210K Capital managed by UTXO Management GP, LP, Kliff Capital, Moon Inc. (SEHK:1723), Mythos Ventures Fund I, L.P., Mythos Ventures, SORA SPIRAL PTE. LTD., ASIASTRATEGY TOPWIN SG PTE. LIMITED, Mythos BitYield Company Limited and Simon Morris Gerovich proposed to acquire DV8 Public Company Limited (SET:DV8) for approximately THB 740 million on July 3, 2025. A cash consideration of THB 739.16 million valued at THB 0.56 per share will be paid by 210K Capital managed by UTXO Management GP, LP, Kliff Capital, Moon Inc. (SEHK:1723), Mythos Ventures Fund I, L.P., Mythos Ventures, SORA SPIRAL PTE. LTD., ASIASTRATEGY TOPWIN SG PTE. LIMITED, Mythos BitYield Company Limited and Simon Morris Gerovich. As part of consideration, THB 739.16 million is paid towards common equity of DV8 Public Company Limited. The expected completion of the transaction is on or about August 20, 2025
MSC International Law Office acted as legal advisor for DV8 Public Company Limited. 
