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Everbright Digital Holding Ltd. (EDHL) stock

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NASDAQ: EDHL Nasdaq Advertising

E Fundamentals grade

Everbright Digital Holding Ltd. is a US-listed company in the advertising industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: share count (2m) is 0.062x the cover-page count (27m).

Price vs value

Under review: share count (2m) is 0.062x the cover-page count (27m). We'll show the comparison once resolved.

Everbright Digital Holding Ltd. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds2 adding, 1 cuttingOf 0 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Everbright Digital Holding files

Where Everbright Digital stands after its latest Filing

Everbright Digital has little or no product revenue yet; it used $2m of cash in the twelve months. That puts it 24 of 27 for growth among the advertising companies we cover. The diluted share count is up 887.3% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 2 of our 2 financial-health checks.

Our model value for Everbright Digital Holding is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Everbright Digital Holding Ltd.'s trailing-twelve-month revenue fell 32.6% year on year, with a free-cash-flow margin of -128.0%. Where it stands out: gross margin of 65.4% ranks 5 of 22 advertising companies we cover. Where it lags: change in share count of 887.3% ranks 24 of 24 advertising companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to -32.6% (-30.3pp vs the prior quarter), the 2nd consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Everbright Digital Holding Ltd.'s latest figures clears our strength thresholds.

Things to watch

  • Revenue shrinking. Revenue fell 32.6% over the last 12 months.
  • Growth slowing. The growth rate is 30.3 points lower than a quarter earlier.
  • Burning cash. Free cash flow was -128.0% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 887.3% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 175% and a beta of 1.1 against the S&P 500.
  • Below peers: net margin. Net margin of -120.6% ranks 24 of 27 advertising companies we cover (median -2.3%).

Price chart

  • 1 day-1.4%
  • 1 week+1.9%
  • 1 month+11.7%
  • This year-2.7%
  • 1 year-59.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.9M
Net margin
-120.6%
EPS (TTM, diluted)
$-1.37

Growth

Revenue growth
−32.6%
Change in growth rate
−30.3 pts
Share count change
+887.3%

Cash

Free cash flow (TTM)
-$2.4M
FCF margin
-128.0%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for EDHL from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Everbright Digital Holding Ltd. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: share count (2m) is 0.062x the cover-page count (27m): held for review.

Valuation multiples over time Market data may be delayed

At fiscal year end 2025
Share price$6.00
Market value$10m
+ Net debt (− = net cash)−$3167
Enterprise value$10m
Multiples
Price / sales 5.3x
Price / earnings —
Price / free cash flow —
EV / EBITDA —

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

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

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

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Everbright Digital Holding Ltd.: too few analysts cover it.

Positioning

Short interest
1.4%
of tradable shares
Days to cover
0.16
at average volume
Short interest, 1 month
−2%
to October 15, 2026
Held by institutions
0%
of shares
Held by insiders
18.9%
of shares
Employees
6
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 2026 to date
Return
EDHL−3%
Industry peers (median)−19%
S&P 500+11%
Months that ended higher
EDHL55%
S&P 50046%
Largest fall from a high during the year
EDHL−65%
S&P 500−9%

Worst fall since April 17, 2025: 98% from July 8, 2025 to May 18, 2026. Getting back needed a 4508% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$2.18 – $17.12
From 52-week high
−65.9%
vs 50-day average
+17.6%
vs 200-day average
+52.1%
Volatility (1 year)
175%
Beta vs S&P 500
1.08

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Everbright Digital Holding Ltd. in five measures

Fundamentals grade E
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Everbright Digital Holding Ltd.
$0 $1M $2M $3M FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue (TTM), FY22 Q4: $815.1K Revenue (TTM), FY23 Q4: $2.8M Revenue (TTM), FY24 Q4: $2.8M Revenue (TTM), FY25 Q4: $1.9M $1.9M

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY22 Q4 $815.1K
FY23 Q4 $2.8M
FY24 Q4 $2.8M
FY25 Q4 $1.9M
FCF margin (TTM) Everbright Digital Holding Ltd.
-150% -100% -50% 0% 50% FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 FCF margin (TTM), FY22 Q4: 21.5% FCF margin (TTM), FY23 Q4: 22.6% FCF margin (TTM), FY24 Q4: -13.3% FCF margin (TTM), FY25 Q4: -128.0% -128.0%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY22 Q4 21.5%
FY23 Q4 22.6%
FY24 Q4 -13.3%
FY25 Q4 -128.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

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

Fiscal year 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 815 2,825 2,762 1,862
Gross profit 568 1,556 1,627 1,217
Net income 419 926 379 −2,246
Diluted EPS $0.27 $0.59 $0.23 −$1.37
Growth (year on year)
Revenue — +246.6% −2.3% −32.6%
Net income — +120.6% −59.0% −692.0%
Diluted EPS — +115.4% −60.9% −698.3%
Margins
Gross margin 69.7% 55.1% 58.9% 65.4%
Net margin 51.5% 32.8% 13.7% −120.6%
Free-cash-flow margin 21.5% 22.6% −13.3% −123.2%
Cash flow
Cash from operations 180 641 −280 −2,295
Capital spending 5 2 88 0
Free cash flow 175 639 −368 −2,295
Balance sheet
Cash 2 399 390 3
Total debt 0 0 0 0
Net debt (negative = net cash) −2 −399 −390 −3
Diluted shares 2m 2m 2m 2m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · December 31, 2025
What it owns · $5m
Short-term assets $2mLonger-term assets $3m
What it owes, and who funded it · $5m
Short-term liabilities $1mLonger-term liabilities $0mShareholders' equity $4m
  • Short-term assets cover short-term liabilities $2m of assets due within a year against $500,247 of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2m short-term assets against $0 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • 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 Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Everbright Digital Holding 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.

Dividends, buybacks and capital spending

Diluted share count
+887.3%
year over year
Sales & admin spending
98.9%
of revenue
Days sales outstanding
240 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in advertising
Last 12 months unless stated EDHL TJGC TC KNRX BAOS TDIC Median
Revenue, last 12 months $2m $4m $823751 $6m $568993 $6m $202m
Revenue growth, last 12 months −32.6% −5.9% −87.9% −44.2% −8.8% 10.5% −1.2%
Gross margin 65.4% 21.5% 2.8% 48.8% 12.5% — 40.3%
Operating margin — −78.1% −582.3% −155.5% <−999% −134.7% −3.3%
Net margin −120.6% −81.8% 38.3% −191.2% <−999% −146.1% −2.3%
Cash from operations / revenue −123.2% −101.3% <−999% −172.5% −397.4% −39.4% 3.5%
Free-cash-flow margin −128.0% −103.3% <−999% −172.8% −397.8% −39.4% 3.9%
Stock pay / revenue — −57.9% 414.9% — — — 2.7%
Change in share count 887.3% 13.9% 9.4% 4.1% 0.0% — 4.2%

Median of all 27 companies we cover in advertising. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

27 advertising companies
Measure Company Peer median Rank
Revenue growth Growth -32.6% -1.2% 24 of 27
Change in growth rate Growth -30.3pp -0.5pp 25 of 27
Gross margin Profitability 65.4% 44.5% 5 of 22
Net margin Profitability -120.6% -2.3% 24 of 27
Free-cash-flow margin Cash generation -128.0% 4.7% 23 of 26
Change in share count Balance sheet 887.3% 4.2% 24 of 24
Days sales outstanding Balance sheet 240 days 91 days 22 of 25

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$98,839
Institutions reporting
2
Shares held vs prior quarter
▲ 1378.6%
Positions opened / closed
2 / 1

Top buyers and sellers, Q2 2026: 2 institutions bought and 1 sold ; the biggest buyer was Jane Street Group, LLC (+25K shares) and the biggest seller Federation Des Caisses Desjardins Du Quebec (−373). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Jane Street Group, LLC $98,546 25K 99.7% New
UBS Group AG $293 0K 0.3% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Everbright Digital Holding Ltd.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Everbright Digital Holding Ltd. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Everbright Digital Holding Ltd. in brief

What does Everbright Digital Holding Ltd. do?
Everbright Digital Holding Ltd. is a US-listed company in the advertising industry. Its financial year ends in December.
What is Everbright Digital Holding Ltd.'s stock ticker?
Everbright Digital Holding Ltd. trades under the ticker EDHL on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Everbright Digital Holding Ltd.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Everbright Digital Holding Ltd. reported revenue of $1.9M, 32.6% lower than a year earlier, according to its SEC filings.
What is Everbright Digital Holding Ltd.'s free cash flow?
Everbright Digital Holding Ltd.'s free-cash-flow margin is -128.0% of revenue over the trailing twelve months, ranking 23 of the 26 advertising companies we cover.
What is Everbright Digital Holding Ltd.'s market cap?
On December 31, 2025, Everbright Digital Holding Ltd.'s market capitalisation was about $9.8M and net debt of -$3,167. Market figures come from third-party market data and may be delayed.
Who are Everbright Digital Holding Ltd.'s competitors?
In our Advertising peer group, the companies closest to Everbright Digital Holding Ltd. are Tjgc Group Ltd, Token Cat Ltd, Knorex LTD., Baosheng Media Group Holdings Ltd and Dreamland Ltd. The side-by-side comparison below sets their revenue, margins and growth against Everbright Digital Holding Ltd.'s.