HashKey Holdings Limited (HKG:3887)

Hong Kong · Delayed Price · Currency is HKD

2.860

+0.105 (3.81%)

Sep 4, 2026, 4:08 PM HKT

HashKey Holdings 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
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	781.65	723.09	720.73	207.79	129.06
Revenue Growth	8.10%	0.33%	246.85%	61.00%	-
Gross Profit	431.52	408.47	532.51	195.36	125.49
Operating Income	-1,170	-916.27	-1,028	-518.66	-582.24
Net Income	-1,272	-1,087	-1,189	-580.41	-584.71
Earnings Per Share	-0.58	-0.74	-0.88	-0.43	-0.55
EPS Growth	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Transaction Facilitation Services	597.44	522.8	517.77	50.45	-14.92
On-Chain Services	66.05	83.21	124.8	78.45	71.81
Asset Management Services	118.16	117.09	78.16	78.89	72.17

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Investments	2,155	2,833	335.54	344.49	242.42
Total Debt	408.42	434.93	765.16	731.81	761.37
Net Cash (Debt)	1,746	2,398	-429.63	-387.32	-518.95
Net Cash Growth	-27.18%	-	-	-	-
Net Cash Per Share	0.80	1.63	-0.32	-0.29	-0.49

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Cash Flow	-	-692.32	-183.31	-273.72	-143.47
Capital Expenditures	-	-1.77	-5.62	-6.94	-6.98
Free Cash Flow	-	-694.1	-188.93	-280.66	-150.45
Free Cash Flow Growth	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Gross Margin	55.21%	56.49%	73.89%	94.02%	97.23%
Operating Margin	-149.73%	-126.72%	-142.65%	-249.60%	-451.12%
Pretax Margin	-162.44%	-149.39%	-164.20%	-277.18%	-452.48%
Profit Margin	-162.69%	-150.31%	-164.97%	-279.32%	-453.04%
FCF Margin	-	-95.99%	-26.21%	-135.07%	-116.57%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
PS Ratio	10.12	25.55	-	-	-