Board Change • Apr 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Louis Leung was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 28
Future Data Group Limited, Annual General Meeting, May 27, 2026 Future Data Group Limited, Annual General Meeting, May 27, 2026. Announcement • Mar 17
Future Data Group Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Future Data Group Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 Reported Earnings • Sep 04
First half 2025 earnings released: HK$0.033 loss per share (vs HK$0.013 loss in 1H 2024) First half 2025 results: HK$0.033 loss per share (further deteriorated from HK$0.013 loss in 1H 2024). Revenue: HK$161.0m (down 26% from 1H 2024). Net loss: HK$17.9m (loss widened 144% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Announcement • Aug 18
Future Data Group Limited to Report First Half, 2025 Results on Aug 29, 2025 Future Data Group Limited announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Jul 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Compliance Officer & Executive Director Seung Han Lee is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Apr 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$210.5m market cap, or US$27.1m). Board Change • Apr 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Compliance Officer & Executive Director Seung Han Lee is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Mar 29
Future Data Group Limited, Annual General Meeting, Jun 10, 2025 Future Data Group Limited, Annual General Meeting, Jun 10, 2025. Buy Or Sell Opportunity • Mar 18
Now 22% undervalued Over the last 90 days, the stock has risen 7.5% to HK$0.43. The fair value is estimated to be HK$0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 24
Now 21% undervalued Over the last 90 days, the stock has risen 14% to HK$0.43. The fair value is estimated to be HK$0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making. New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$229.6m market cap, or US$29.5m). Reported Earnings • Sep 04
First half 2024 earnings released: HK$0.013 loss per share (vs HK$0.013 loss in 1H 2023) First half 2024 results: HK$0.013 loss per share (in line with 1H 2023). Revenue: HK$217.0m (up 6.8% from 1H 2023). Net loss: HK$7.35m (loss widened 16% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Announcement • Aug 16
Future Data Group Limited to Report First Half, 2024 Results on Aug 29, 2024 Future Data Group Limited announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Jun 19
Future Data Group Limited announced that it has received HKD 2 million in funding On June 17, 2024, Future Data Group Limited closed the transaction. Board Change • May 06
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Compliance Officer & Executive Director Seung Han Lee is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Mar 28
Future Data Group Limited, Annual General Meeting, Jun 18, 2024 Future Data Group Limited, Annual General Meeting, Jun 18, 2024. Buy Or Sell Opportunity • Mar 22
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to HK$0.40. The fair value is estimated to be HK$0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company became loss making. Announcement • Mar 14
Future Data Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Future Data Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 New Risk • Jan 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (HK$317.1m market cap, or US$40.6m). Announcement • Dec 05
Future Data Group Limited Announces the Resignation of Mr. Tao Guolin as Executive Director The board of directors of Future Data Group Limited announced that Mr. Tao Guolin (Mr. Tao) has tendered his resignation as Executive Director of the Company with effect from 5 December 2023 due to his desire to devote more time to his other business engagements. Mr. Tao will remain as the General Manager of the Group after his resignation as Executive Director of the Company. Reported Earnings • Nov 14
Third quarter 2023 earnings released: HK$0.009 loss per share (vs HK$0.008 loss in 3Q 2022) Third quarter 2023 results: HK$0.009 loss per share (further deteriorated from HK$0.008 loss in 3Q 2022). Revenue: HK$102.7m (down 28% from 3Q 2022). Net loss: HK$4.78m (loss widened 46% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 188 percentage points per year, which is a significant difference in performance. Announcement • Nov 01
Future Data Group Limited to Report Q3, 2023 Results on Nov 13, 2023 Future Data Group Limited announced that they will report Q3, 2023 results on Nov 13, 2023 Announcement • Sep 01
Future Data Group Limited Announces Executive Appointments The board of directors of Future Data Group Limited announced the following appointments of the Company with effect from 1 September 2023: The Board announced that Mr. Lo Yik Kan Ricky ("Mr. Lo") has been appointed as the Chief Technology Officer (Digital Assets) of the Company with effect from 1 September 2023. Mr. Lo, aged 30, has more than 6 years of management and operation experience in the blockchain and fintech industry. Mr. Lo has extensive work experience in capital market, business development and product innovation. Mr. Lo was a founding member and Chief Operating Officer of a renowned digital assets platform in the South Pacific in 2023 and participated in the founding of a cross-border payment company in Hong Kong in 2017. Mr. Lo holds a degree from the Walter A. Haas School of Business at the University of California-Berkeley. He has also participated in renowned entrepreneurship programs at Tsinghua University in Beijing and the Judge Business School at the University of Cambridge. After the appointment, Mr. Lo will be responsible for leading and overseeing the technical development initiatives of the company. Leveraging his extensive experience in the blockchain and fintech industry, he will drive the development and implementation of cutting-edge technological solutions that align with the company's goals and objectives. Furthermore, Mr. Lo will collaborate closely with cross-functional teams to ensure seamless integration of technological advancements into the company's infrastructure. He will provide strategic guidance and direction for the development of robust platforms and systems that support the company's digital assets ecosystem. The Board announced that Mr. Ng Hei Man ("Mr. Ng") has been appointed as the Chief Art Investment Officer of the Company with effect from 1 September 2023. Mr. Ng, aged 38, is a senior art advisor with more than 10 years of experience in art consulting, curating and training in Greater China. As the Founder and Director of Art Prince Advisory, he has consulted and facilitated a number of "arts x tech" programmes across Asia, including the first two editions of Digital Art Fair, the first international art fair with a focus on digital and non-fungible token ("NFT") art in Asia. Mr. Ng is currently a part-time Lecturer in The University of Hong Kong (Programme: Global Creative Industries) and The University of Hong Kong SPACE (Programme: Executive Workshop "Innovation in ArtTech and NFT"). He is also appointed as one of committees of the Academic Advisory Board of Sociology Department of Hong Kong Shue Yan University. Mr. Ng was awarded "Cultural Leaders for Tomorrow" by "Central & Western District Association for Culture and Arts" in 2022. Mr. Ng graduated from the University of New South Wales (Sydney, Australia) with a Bachelor degree in Arts (majored in History and Economics). After the appointment, Mr. Ng will be responsible for leveraging his extensive experience and expertise in both the traditional and digital art world to drive the company's strategic initiatives in the art and technology space. With his unique blend of expertise in art consulting, curating, training, and a strong network within the art and technology community, Mr. Ng will play a crucial role in identifying new business opportunities, engaging key partners and brand owners for collaboration, and implementing creative and transformative initiatives that propel the company's growth and success in the dynamic art and technology landscape. Announcement • Aug 26
Future Data Group Limited has completed a Follow-on Equity Offering in the amount of HKD 52.14395 million. Future Data Group Limited has completed a Follow-on Equity Offering in the amount of HKD 52.14395 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,005,000
Price\Range: HKD 0.79
Discount Per Security: HKD 0.00395
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: HK$0.009 (vs HK$0.01 loss in 2Q 2022) Second quarter 2023 results: EPS: HK$0.009 (up from HK$0.01 loss in 2Q 2022). Revenue: HK$133.8m (down 9.1% from 2Q 2022). Net income: HK$4.14m (up HK$8.03m from 2Q 2022). Profit margin: 3.1% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 180 percentage points per year, which is a significant difference in performance. Announcement • Jul 29
Future Data Group Limited to Report Q2, 2023 Results on Aug 11, 2023 Future Data Group Limited announced that they will report Q2, 2023 results on Aug 11, 2023 Reported Earnings • May 13
First quarter 2023 earnings released: HK$0.026 loss per share (vs HK$0.012 loss in 1Q 2022) First quarter 2023 results: HK$0.026 loss per share (further deteriorated from HK$0.012 loss in 1Q 2022). Revenue: HK$69.2m (down 44% from 1Q 2022). Net loss: HK$10.5m (loss widened 124% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 169 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 29
Full year 2022 earnings released: HK$0.008 loss per share (vs HK$0.018 profit in FY 2021) Full year 2022 results: HK$0.008 loss per share (down from HK$0.018 profit in FY 2021). Revenue: HK$617.6m (down 14% from FY 2021). Net loss: HK$3.35m (down 146% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 94% per year, which means it is well ahead of earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CEO, Compliance Officer & Executive Director Seung Han Lee is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 13
Third quarter 2022 earnings released: HK$0.008 loss per share (vs HK$0.006 loss in 3Q 2021) Third quarter 2022 results: HK$0.008 loss per share (further deteriorated from HK$0.006 loss in 3Q 2021). Revenue: HK$143.6m (up 1.1% from 3Q 2021). Net loss: HK$3.28m (loss widened 34% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Nov 02
Future Data Group Limited to Report Q3, 2022 Results on Nov 11, 2022 Future Data Group Limited announced that they will report Q3, 2022 results at 4:00 PM, China Standard Time on Nov 11, 2022 Announcement • Sep 15
Gorgeous Real Investment Holding Limited and Variant Wealth Investment Development Limited agreed to acquire a 51.50% stake in Future Data Group Limited (SEHK:8229) for HKD 59.2 million. Gorgeous Real Investment Holding Limited and Variant Wealth Investment Development Limited agreed to acquire a 51.50% stake in Future Data Group Limited (SEHK:8229) for HKD 59.2 million on September 4, 2022. Under the terms, Gorgeous Real Investment Holding Limited and Variant Wealth Investment Development will acquire 206,000,000 shares representing 51.50% shares of Future Data. Transaction is expected to close on September 23, 2022. Lego Corporate Finance Limited acted as financial advisor to Gorgeous Real Investment Holding Limited and Variant Wealth Investment Development Limited. Reported Earnings • Aug 05
Second quarter 2022 earnings released: HK$0.01 loss per share (vs HK$0.018 profit in 2Q 2021) Second quarter 2022 results: HK$0.01 loss per share (down from HK$0.018 profit in 2Q 2021). Revenue: HK$147.1m (down 17% from 2Q 2021). Net loss: HK$3.90m (down 156% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jul 29
Future Data Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 The board (the "Board") of directors of Future Data Group Limited inform the shareholders of the Company ("Shareholders") and potential investors that, based on a preliminary assessment of the latest unaudited consolidated management accounts of the Group for the six months ended 30 June 2022 and the information currently available to the Board, the Group is expected to record a loss after tax of not less than HKD 9.0 million for the six months ended 30 June 2022 as compared to a profit after tax of approximately HKD 10.6 million for the six months ended 30 June 2021. Announcement • Jul 23
Future Data Group Limited to Report First Half, 2022 Results on Aug 04, 2022 Future Data Group Limited announced that they will report first half, 2022 results on Aug 04, 2022 Reported Earnings • May 08
First quarter 2022 earnings released: HK$0.012 loss per share (vs HK$0.01 profit in 1Q 2021) First quarter 2022 results: HK$0.012 loss per share (down from HK$0.01 profit in 1Q 2021). Revenue: HK$124.4m (down 24% from 1Q 2021). Net loss: HK$4.67m (down 222% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Kai Tai Yung was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 24
Future Data Group Limited to Report Q1, 2022 Results on May 06, 2022 Future Data Group Limited announced that they will report Q1, 2022 results on May 06, 2022 Reported Earnings • Nov 07
Third quarter 2021 earnings released: HK$0.006 loss per share (vs HK$0.017 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: HK$142.1m (down 9.6% from 3Q 2020). Net loss: HK$2.45m (down 136% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Executive Departure • Sep 07
Joint Company Secretary Ting Pong Cheung has left the company On the 31st of August, Ting Pong Cheung's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Ting Pong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS HK$0.018 (vs HK$0.012 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: HK$177.8m (up 18% from 2Q 2020). Net income: HK$7.02m (up 46% from 2Q 2020). Profit margin: 3.9% (up from 3.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
First quarter 2021 earnings released: EPS HK$0.01 (vs HK$0.02 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: HK$163.6m (up 44% from 1Q 2020). Net income: HK$3.83m (up HK$11.9m from 1Q 2020). Profit margin: 2.3% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS HK$0.02 (vs HK$0.011 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$679.1m (up 5.0% from FY 2019). Net income: HK$7.88m (up 80% from FY 2019). Profit margin: 1.2% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Announcement • Mar 11
Future Data Group Limited to Report Fiscal Year 2020 Results on Mar 22, 2021 Future Data Group Limited announced that they will report fiscal year 2020 results on Mar 22, 2021 Executive Departure • Feb 05
Company Secretary has left the company On the 29th of January, Suet Lam Chan's tenure as Company Secretary ended after 2.4 years in the role. We don't have any record of a personal shareholding under Suet Lam's name. Suet Lam is the only executive to leave the company over the last 12 months. Announcement • Jan 31
Future Data Group Limited Announces Change of Company Secretary The board of directors of Future Data Group Limited announces that, with effect from 29 January 2021, Ms. Chan Suet Lam has resigned as the company secretary of the Company. The Board announces that Ms. Cheung Yuet Fan ("Ms. Cheung") has been appointed as the Company
Secretary and an Authorised Representative in replacement of Ms. Chan with effect from 29 January 2021. The Board announces that Ms. Cheung Yuet Fan ("Ms. Cheung") has been appointed as the Company
Secretary and an Authorised Representative in replacement of Ms. Chan with effect from 29 January 2021. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS HK$0.017 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: HK$157.3m (down 8.0% from 3Q 2019). Net income: HK$6.89m (up HK$6.41m from 3Q 2019). Profit margin: 4.4% (up from 0.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS HK$0.017 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: HK$157.3m (down 8.0% from 3Q 2019). Net income: HK$6.89m (up HK$6.41m from 3Q 2019). Profit margin: 4.4% (up from 0.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Announcement • Jul 31
Future Data Group Limited to Report First Half, 2020 Results on Aug 07, 2020 Future Data Group Limited announced that they will report first half, 2020 results on Aug 07, 2020