Alpha Technology Group Ltd key statistics and ratios

In fiscal 2025, Alpha Technology Group Ltd had return on equity of -184.4%, an operating margin of -770.5%, debt equal to 1.2% of equity and a current ratio of 3.33. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Alpha Technology Group Ltd: financial ratios, annual
Fiscal year	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025
Gross margin	35.9%	22.7%	32.8%	52.3%	49.2%
Operating margin	−22.8%	−61.4%	−77.7%	−50.6%	−770.5%
Net margin	−24.2%	−60.2%	−80.4%	−44.4%	−952.0%
Free-cash-flow margin	−13.5%	34.8%	45.7%	−158.9%	−188.5%
Return on equity	—	—	−92.2%	−15.4%	−184.4%
Return on assets	—	−40.8%	−29.7%	−10.9%	−148.3%
Asset turnover	—	0.68	0.37	0.25	0.16
Current ratio	—	0.67	1.27	6.37	3.33
Debt to equity	—	—	7.6%	1.7%	1.2%
Interest cover (operating income ÷ interest)	n/m	n/m	n/m	n/m	n/m
SG&A as % of revenue	58.7%	84.1%	83.2%	94.2%	234.3%
Capital spending as % of revenue	0.4%	0.6%	0.6%	0.3%	10.6%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 6 checks passed · September 30, 2025

What it owns · $4m

Short-term assets $4mLonger-term assets $0m

What it owes, and who funded it · $4m

Short-term liabilities $1mLonger-term liabilities $0mShareholders' equity $3m

Short-term assets cover short-term liabilities $4m of assets due within a year against $1m of liabilities due within a year.
Short-term assets cover long-term liabilities $4m short-term assets against $57,853 of longer-dated liabilities.
More cash than debt $4m of cash against $39,154 of debt.
Debt below 40% of shareholders' equity Debt is 1% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt −$2m of operating cash flow against $39,154 of debt.
Operating profit covers interest at least five times over Operating income of −$7m against $146,570 of interest.

From Alpha Technology Group Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Alpha Technology Group Ltd's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Alpha Technology Group Ltd.