BoardWare Intelligence Technology Limited (HKG:1204)

Hong Kong · Delayed Price · Currency is HKD

1.900

-0.010 (-0.52%)

Aug 12, 2026, 3:13 PM HKT

HKG:1204 Financials Overview

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	733.92	733.92	648.01	717.6	580.83	534.3
Revenue Growth	12.68%	13.26%	-9.70%	23.55%	8.71%	12.41%
Gross Profit	144.01	144.01	124.8	115.65	100.35	112.11
Operating Income	-2.59	-2.59	-15.77	1.09	11.42	31.7
Net Income	8.14	8.14	0.95	4.5	3.25	24
Earnings Per Share	0.02	0.02	0.00	0.01	0.01	0.07
EPS Growth	1064.66%	755.15%	-78.85%	15.69%	-88.69%	-22.44%

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Macau	515.06	515.06	470.5	450	371.78	405.46
Hong Kong	147.28	147.28	143.34	145.55	167.94	128.6
Mainland China	71.58	71.58	34.17	122.02	41.11	0.24
Total	733.92	733.92	648.01	717.6	580.83	534.3

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	125.35	125.35	163.96	93.1	160.27	21.48
Total Debt	91.68	91.68	29.48	22.21	12.16	41.53
Net Cash (Debt)	33.67	33.67	134.48	70.89	148.11	-20.05
Net Cash Growth	-27.66%	-74.97%	89.70%	-52.14%	-	-
Net Cash Per Share	0.07	0.07	0.27	0.14	0.35	-0.06

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	14.92	14.92	36.31	-75.43	63.36	-49.73
Capital Expenditures	-33.73	-33.73	-13.74	-3.97	-6.38	-4.19
Free Cash Flow	-18.81	-18.81	22.57	-79.39	56.98	-53.92
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	19.62%	19.62%	19.26%	16.12%	17.28%	20.98%
Operating Margin	-0.35%	-0.35%	-2.43%	0.15%	1.97%	5.93%
Pretax Margin	1.28%	1.28%	0.25%	1.04%	1.15%	5.62%
Profit Margin	1.11%	1.11%	0.15%	0.63%	0.56%	4.49%
FCF Margin	-2.56%	-2.56%	3.48%	-11.06%	9.81%	-10.09%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	117.31	122.84	1549.37	395.38	202.95	-
P/FCF Ratio	-	-	65.36	-	11.58	-
PS Ratio	1.30	1.36	2.28	2.48	1.14	-