Leadway Technology
2086.HK
HKD0.470 -2.08%
Exchange: HKSE | Sector: Industrials | Industry: Security Protection Services
Q2 2025
Published: Jun 30, 2025

Earnings Highlights

  • Revenue of $40.83M up 53.9% year-over-year
  • EPS of $-0.02 decreased by 748% from previous year
  • Gross margin of 54.3%
  • Net income of -5.20M
  • "N/A" - N/A
2086.HK
Company 2086.HK

Executive Summary

Leadway Technology Investment Group Limited (2086.HK) reported QQ2 2025 revenue of HKD 40.83 million, up 53.9% year-over-year, supported by stronger demand for smart card products and related services. Gross profit rose to HKD 22.18 million, delivering a gross margin of 54.33%. Despite top-line strength, margins remained under pressure as EBITDA declined to a HKD 3.64 million loss and net income printed at a HKD 5.20 million loss, driven by elevated operating expenses including SG&A of HKD 21.56 million and research and development expenses of HKD 6.17 million. The operating margin stood at -12.34% and the EBITDAR ratio at -8.92%.

Key Performance Indicators

Revenue
Increasing
40.83M
QoQ: 0.00% | YoY: 53.85%
Gross Profit
Increasing
22.18M
54.33% margin
QoQ: 0.00% | YoY: 59.23%
Operating Income
Decreasing
-5.04M
QoQ: 0.00% | YoY: -654.65%
Net Income
Decreasing
-5.20M
QoQ: 0.00% | YoY: -738.97%
EPS
Decreasing
-0.02
QoQ: 0.00% | YoY: -748.00%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 40.83 -0.02 +53.9% View
Q1 2025 20.41 -0.01 -13.5% View
Q4 2024 26.54 0.00 -21.1% View
Q3 2024 26.54 0.00 +57.8% View