Timing Of Revenue Recognition was AMTD Digital’s largest revenue line in fiscal 2025, bringing in $50.07M of $93.03M (54%).
| Timing of Transfer of Good or Service | FY 2023 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Timing Of Revenue Recognition | $2.20M | $8.67M | $19.40M | $50.07M |
| Over Time | $28.04M | $1.28M | $19.40M | $27.99M |
| A Point In Time | $1.54M | $486.00K | $851.00K | $14.97M |
| Total | $31.77M | $10.44M | $39.65M | $93.03M |
AMTD Digital brought in $93.03M from its three revenue lines in fiscal 2025, the year ended October 31, 2025. That was up 134.7% from $39.65M in fiscal 2024. Timing Of Revenue Recognition was the largest at $50.07M (53.8%), ahead of Over Time at $27.99M (30.1%) and A Point In Time at $14.97M (16.1%).
Compared with fiscal 2024, A Point In Time grew fastest, up 1,659.0% to $14.97M. Every revenue line above 2% of revenue grew. From fiscal 2023 to 2025, combined revenue from these revenue lines grew from $31.77M to $93.03M, a compound annual growth rate of 71.1%. Timing Of Revenue Recognition's share of the total rose from 6.9% to 53.8%.
Hotel Operations, Hospitality & Vip Services-Hotel Operations, Hospitality And Vip Services Income was AMTD Digital’s largest product and service line in fiscal 2024, bringing in $19.40M of $22.81M (85%).
| Product and Service | FY 2023 | FY 2024 |
|---|---|---|
| Digital Solutions Services – Other Digital Solutions Services | $28.04M | $2.56M |
| Hotel Operations, Hospitality & Vip Services-Hotel Operations, Hospitality And Vip Services Income | $2.20M | $19.40M |
| Digital Solutions Services – Insurance Brokerage Services | $1.54M | $851.00K |
| Media & Entertainment Services – Fashion, Arts And Luxury Media Advertising Services | $1.29M | $4.00K |
| Total | $33.07M | $22.81M |
AMTD Digital brought in $22.81M from its four product and service lines in fiscal 2024, the year ended October 31, 2024. That was down 31.0% from $33.07M in fiscal 2023. Hotel Operations, Hospitality & Vip Services-Hotel Operations, Hospitality And Vip Services Income was the largest at $19.40M (85.0%), ahead of Digital Solutions Services – Other Digital Solutions Services at $2.56M (11.2%) and Digital Solutions Services – Insurance Brokerage Services at $851.00K (3.7%). The remaining line, Media & Entertainment Services – Fashion, Arts And Luxury Media Advertising Services, brought in $4.00K.
Compared with fiscal 2023, Hotel Operations, Hospitality & Vip Services-Hotel Operations, Hospitality And Vip Services Income grew fastest, up 783.7% to $19.40M, while Digital Solutions Services – Other Digital Solutions Services fell the most, down 90.9% to $2.56M.
Singapore was AMTD Digital’s largest region in fiscal 2024, bringing in $13.57M of $22.81M (59%).
| Geography | FY 2023 | FY 2024 |
|---|---|---|
| Hong Kong | $31.74M | $9.24M |
| Singapore | $223.00K | $13.57M |
| Americas | $1.11M | — |
| Total | $33.07M | $22.81M |
AMTD Digital brought in $22.81M from its two regions in fiscal 2024, the year ended October 31, 2024. AMTD Digital regrouped these regions after fiscal 2023, so the total does not compare directly with that year's $33.07M. Singapore was the largest at $13.57M (59.5%), ahead of Hong Kong at $9.24M (40.5%).
Compared with fiscal 2023, Singapore grew 5,987.0% to $13.57M, while Hong Kong fell 70.9% to $9.24M.
AMTD Digital stopped reporting Americas as a separate region after fiscal 2023, when it brought in $1.11M.
AMTD Digital (HKD) reports its revenue by timing of transfer of good or service, by product and service and by geography. In fiscal 2025, Timing Of Revenue Recognition was its largest revenue line, bringing in $50.07M (53.8% of the total), followed by Over Time at $27.99M (30.1%).
Timing Of Revenue Recognition was AMTD Digital's largest revenue line in fiscal 2025, bringing in $50.07M, or 53.8% of the $93.03M total across its three revenue lines.
Hotel Operations, Hospitality & Vip Services-Hotel Operations, Hospitality And Vip Services Income was AMTD Digital's largest product and service line in fiscal 2024, bringing in $19.40M, or 85.0% of the $22.81M total across its four product and service lines.
Singapore was AMTD Digital's largest region in fiscal 2024, bringing in $13.57M, or 59.5% of the $22.81M total across its two regions.
Among AMTD Digital's revenue lines that make up at least 2% of revenue, A Point In Time grew fastest in fiscal 2025, up 1,659.0% from $851.00K to $14.97M.
Every figure comes from AMTD Digital's annual financial filings, as reported. Each line keeps the name AMTD Digital gives it, and years follow its fiscal calendar.
AMTD Digital's revenue by timing of transfer of good or service goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.