HomeHKTVY • OTCMKTS
Hong Kong Technology Ventre Co Ltd
$3.70
Nov 29, 12:19:12 AM GMT-5 · USD · OTCMKTS · Disclaimer
US listed security
Previous close
$3.50
Day range
$3.65 - $3.80
Year range
$3.32 - $6.85
Market cap
153.02M USD
Avg Volume
262.00
Market news
Financials
Income Statement
Revenue
Net income
(HKD)Jun 2024Y/Y change
Revenue
948.77M3.77%
Operating expense
522.11M14.28%
Net income
-13.74M-156.43%
Net profit margin
-1.45-154.51%
Earnings per share
EBITDA
5.98M-79.52%
Effective tax rate
4.92%
Total assets
Total liabilities
(HKD)Jun 2024Y/Y change
Cash and short-term investments
847.17M9.49%
Total assets
3.47B-4.39%
Total liabilities
1.33B-1.97%
Total equity
2.13B
Shares outstanding
888.55M
Price to book
1.46
Return on assets
-1.60%
Return on capital
-2.16%
Net change in cash
(HKD)Jun 2024Y/Y change
Net income
-13.74M-156.43%
Cash from operations
88.27M35.24%
Cash from investing
83.00M221.37%
Cash from financing
-44.19M1.14%
Net change in cash
127.40M366.38%
Free cash flow
25.31M-25.21%
About
Hong Kong Technology Venture Company Limited is a Hong Kong–based technology company primarily known for its e-commerce platform and once had plans to become a television station. HKTV currently provides an over-the-top shopping and entertainment platform named HKTVMall. In 2009, HKTV applied for domestic free-to-air television programme service licence, but was rejected by the Hong Kong government in October 2013. Later, HKTV acquired a mobile TV licence and planned to launch the first two channels but this plan was foiled again. It commenced live and video on demand broadcasting through internet on 19 November 2014, while refiling an application for a free-to-air licence. HKTV had fought a series of legal battles against the government, until it withdrew its application for free-to-air licence and surrendered its mobile television licenses to the Communications Authority in March 2018. On 13 July 2021, the company changed its name from Hong Kong Television Network to Hong Kong Technology Venture. Wikipedia
Founded
May 19, 1992
Employees
2,165
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