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Waton Financial Limited WTF

Financial Services · Capital Markets · Hong Kong
https://www.waton.com
Company Profile ↓
$2.98
-34.93% 1Y
Mkt Cap$143.75M
P/E-9.61
P/B5.19
52W High$7.10
52W Low$2.47
Book Value$0.57
EPS (TTM)$-0.31

Company Overview

Waton Financial Limited provides securities brokerage and financial technology services in Hong Kong. The company offers securities brokerage services for securities listed on the Hong Kong Stock Exchange, including shares under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, the New York Stock Exchange, and the Nasdaq Stock Market; margin financing services; and other ancillary services through an electronic trading platform to its corporate and individual brokerage customers, as well as bond distribution services. It also provides software licensing and related support services comprising the licensing of the trading platform APP, upgrades and enhancements, maintenance, and other related services to financial institutions; and integrated and customizable software solutions to develop the trading platform APP that cover the front, middle, and back-office operations of securities brokerage businesses, such as electronic trade order placing, customer relationship management and operational data management, and securities order clearing and settlement services that enable the securities broker customers to digitalize and streamline their business operations and interact with the financial market. The company was formerly known as IAM Group Inc. and changed its name to Waton Financial Limited in July 2023. Waton Financial Limited was founded in 1989 and is based in Kowloon City, Hong Kong. Waton Financial Limited is a subsidiary of Waton Corporation Limited.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 24.5% CAGR over the past five years.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.12.

Recent Developments

  • Mar 2026 Revenue of $11.08M (+48.8% YoY); net profit $-15.15M.
  • Trailing 12 Months Year-on-year growth — revenue +2.9%.
  • 5-Year Trend Long-term compounding — revenue CAGR 24.5%, profit CAGR -197.3%.

Growth & Price Performance

Compounded Sales Growth

5 Years:24.53%
1 Year:2.90%

Compounded Profit Growth

5 Years:-197.28%
1 Year:-

Stock Price Performance

1 Year:-34.93%
6 Months:-13.62%
3 Months:-20.53%
1 Month:+6.43%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 11% of range
$2.47 $7.10
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMABelow
  • RSI (14)51.94 · Neutral
Price Performance
1M+6.43%
3M-20.53%
6M-13.62%
1Y-34.93%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 24.5% over 5 years.

CONS

  • Earnings shrank at -197.3% CAGR over 5 years.
  • Trading 58.0% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-9.61
Industry PE
13.68
Forward P/E
-
PEG Ratio
-
Book Value
$0.57
Price to Book
5.19
P/S
14.15
EV/EBITDA
-
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
24.53%
Profit 5Y
-197.28%
Revenue (YoY)
2.90%
Earnings (YoY)
-

Profitability & Returns

ROCE
-64.15%
ROE
-87.86%
ROA
-35.49%
Profit Margin
-
Op Margin
-
Gross Margin
36.06%
EPS (Latest Qtr)
$-
EPS (TTM)
$-0.31

Balance Sheet & Liquidity

Debt/Equity
0.12
Quick Ratio
1.51
Current Ratio
1.54
Debt
$2.54M
Total Assets
$54.66M
Current Assets
$50.15M
Working Capital
$17.67M

Ownership

Promoter Holding
86.84%
Chg in Prom Hold
-
FII / Inst Holding
0.10%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$119.56M
Total Revenue (TTM)
$10.16M
EBITDA
$-13.54M
Free Cash Flow
$-7.38M
Operating Cash Flow
$-7.06M
Shares Outstanding
48.24M
Gross Margin
36.06%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 WTF Waton Financial Limited 2.98 -9.61 $143.75M 0.00% -64.15% -87.86% 24.53% -197.28%
2 JPM JPMorgan Chase & Co. SPX 351.79 16.85 $942.63B 1.87% - 16.47% 5.35% 7.56%
3 BRK-B Berkshire Hathaway Inc. SPX 511.54 15.23 $715.29B 0.00% - 10.50% 4.18% 9.44%
4 V Visa Inc. SPX 366.13 31.95 $607.67B 0.75% 37.15% 60.35% 14.33% 13.04%
5 MA Mastercard Incorporated SPX 573.10 33.18 $502.63B 0.65% 60.19% - 12.29% 19.21%
6 BAC Bank of America Corporation SPX 61.95 15.37 $434.76B 1.88% - 10.64% 6.00% 3.49%
7 MS Morgan Stanley SPX 210.42 19.06 $331.89B 1.76% - 16.39% 3.76% 9.66%
8 GS The Goldman Sachs Group, Inc. SPX 1,018.38 15.73 $300.43B 1.58% - 16.95% - 2.21%
9 WFC Wells Fargo & Company SPX 86.45 13.36 $264.55B 2.11% - 12.03% 4.02% 15.98%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -5.74M10.06M7.45M11.08M
Cost of Revenue -1.39M3.31M4.44M8.61M
Gross Profit -4.35M6.74M3.00M2.47M
Operating Expenses -1.26M3.64M13.36M16.08M
Operating Income -3.08M3.10M-10.36M-13.60M
EBITDA -3.91M3.53M-10.87M-13.54M
Interest Expense -18.04K158.44K289.94K922.56K
Pretax Income -3.80M2.94M-11.81M-15.15M
Tax Provision -714.86K439.93K153.43K0
Net Income -3.08M2.50M-11.97M-15.15M
Diluted EPS -0.030.060.05-0.25-

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -40.77M32.68M30.72M54.66M
Current Assets -39.98M25.84M25.34M50.15M
Cash & Equivalents -19.09M4.95M7.72M10.41M
Inventory -----
Receivables -6.55M14.26M7.16M16.80M
Total Liabilities -26.61M21.94M17.96M32.93M
Current Liabilities -26.61M21.45M17.93M32.47M
Long Term Debt -----
Total Debt -5.29M2.86M525.36K2.58M
Total Equity -14.16M10.74M12.77M21.73M
Shares Outstanding -47.30M47.30M48.24M48.24M

Cash Flows (Annual)

Figures in USD.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -11.97M-1.85M359.96K-7.06M
Investing Cash Flow --4.98K-8.21M-13.74K-2.03M
Financing Cash Flow -12.98M-8.30M2.76M19.58M
Capital Expenditure --4.98K-262.09K-13.74K-323.57K
Free Cash Flow -11.96M-2.11M346.22K-7.38M
Net Change in Cash -24.94M-18.36M3.10M10.49M

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -75.8%67.1%40.3%22.3%
Operating Margin % -53.7%30.8%-139.1%-122.7%
Net Margin % -53.7%24.8%-160.7%-136.7%
ROE % -21.8%23.2%-93.7%-69.7%
ROCE % -21.8%27.6%-81.0%-61.3%

Shareholding Pattern

Insiders
86.84%
Institutions
0.10%
Public Float
0.79%

Top Institutional Holders

#Holder% HeldSharesValue
1 Geode Capital Management, LLC 0.06% 29.58K $88.14K
2 UBS Group AG 0.04% 19.82K $59.05K
3 Osaic Holdings Inc. - 725 $2.16K

Analyst View

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Latest News

Recent headlines for WTF

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WTF — Frequently Asked Questions

What is the current share price of Waton Financial Limited (WTF)?

As of 2026-08-02 19:16 PDT, Waton Financial Limited (WTF) trades at $2.98 on NasdaqCM. Its 52-week range is $2.47 to $7.10.

What is the market capitalisation of WTF?

Waton Financial Limited (WTF) has a market capitalisation of $143.75M on NasdaqCM.

What is the P/E ratio of WTF?

WTF trades at a trailing price-to-earnings (P/E) ratio of -9.61. The industry average P/E is 13.68. Its price-to-book (P/B) ratio is 5.19.

What is the return on equity (ROE) of WTF?

WTF has a return on equity (ROE) of -87.86%. Its return on capital employed (ROCE) is -64.15%.

Is WTF a good stock to buy?

This page provides a data-driven analysis of Waton Financial Limited (WTF), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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