WTF

MKT CAP:$176M

Waton Financial Limited Ordinary Shares

Market Cap

$176M

Financial Services·Asset Management·🇭🇰 Hong Kong·NASDAQ

Financials·Asset Management·🇭🇰·NASDAQ

Stock Price

$3.90+$0.66 (+20.37%)

Apr 21, 2026

Company Details

Waton Financial Limited provides securities brokerage and financial technology services. The company offers securities brokerage services for securities listed on the Hong Kong Stock Exchange, including shares under the Shanghai-Hong Kong S...

CEO

Chun On Chu

IPO Date

Apr 1, 2025

Website

www.waton.com

Key Metrics TTM

Revenue

$781.2K

— YoY

Net Income

-$1M

EPS (Diluted)

-$0.02

Free Cash Flow

$371.7K

Revenue / Share

$0.02

Gross Margin

65.1%

Operating Margin

-120.5%

Net Margin

-137.1%

FCF Margin

47.6%

P/S

225.4x

P/E

—

Earnings Reports

Q2 2025

Sep 29, 2025

$781.2KEPS -$0.02

FY 2024

Mar 31, 2025

$7M-25.9%EPS -$0.25

Q4 2024

Jul 24, 2025

$577.3KEPS -$0.03

FY 2023

Mar 31, 2024

$10M+75.2%EPS $0.05

FY 2022

Mar 31, 2023

$6M+2169.9%EPS $0.06

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 24	$577.3K	$0	-$1M
Q2 25	$781.2K	$508.9K	-$941.6K

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 24	$372.5K	$371.7K

Capital Expenditures

Quarter	CapEx
Q4 24	$865

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 24	$0	0.0%

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$5M	$0	$5M
Q2 24	$3M	$0	$3M
Q4 24	$8M	$0	$8M
Q2 25	$4M	$174.6K	$4M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 24	48M	—	—
Q2 25	48M	+1.3%	—

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 24	$30.4K	19
Q2 25	$41.1K	19

Revenue / Employee