Leadway Technology Investment Group Limited (LEADWAY TECH) reported interim revenue of HK$44.36 million for the six months ended 30 June 2026, up 9.0% from HK$40.83 million a year earlier as previously delayed projects resumed and new product lines gained traction.
The Group’s gross profit rose 11.6% to HK$24.76 million, lifting gross margin to 55.8% from 54.3% in H1 2025 on improved cost efficiencies. Operating expenses were broadly flat at HK$27.66 million, enabling the operating loss to narrow to HK$2.63 million versus HK$5.04 million a year ago. After finance costs of HK$0.07 million, the period closed with a net loss attributable to shareholders of HK$2.73 million, a 47.6% year-on-year reduction. Basic and diluted loss per share contracted to 0.853 HK cents from 1.627 HK cents.
Cash and cash equivalents declined to HK$10.45 million from HK$19.54 million at year-end 2025, reflecting operating cash outflows of HK$6.05 million, investing outflows of HK$0.86 million and lease-related financing outflows of HK$2.20 million. Net current assets edged up to HK$46.54 million (31 December 2025: HK$45.65 million). The Group remains ungeared with a gearing ratio of 0% and held net assets of HK$57.45 million.
Regionally, Europe contributed HK$23.90 million of revenue, followed by Asia-Pacific at HK$16.08 million. New products such as the PocketKey+ II FIDO Certified USB Security Key with NFC and PocketKey+ Bio with fingerprint authentication began generating sales. Upcoming launches include the ACOSJ-ID Open Platform Smart Card and ACR360 Bus Validator, aimed at expanding the Group’s footprint in digital identity, authentication and payment markets.
Management will continue cost discipline, product diversification and regional expansion—particularly in the Americas and Southeast Asia—to mitigate external uncertainties. No interim dividend was declared, and the Company reiterated that it has no current plans for major acquisitions, restructurings or new financings.
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