Everbright Digital Holding Ltd.

Listed Company

EDHLCIK 0002024876NasdaqNon-AcceleratedEmerging GrowthServices-AdvertisingE9KYFY ends Dec 31

Period

FY 2024

Revenue

$2.76M

Net Income

$379.4K

Total Assets

$2.61M

Equity

$2.08M

Shares Out

26.66M

Op. Cash Flow

$-280.1K

Business

Everbright Digital Holding Ltd. is an integrated marketing solutions provider in Hong Kong that focuses on metaverse and related digital technologies. It offers metaverse stimulation, virtual reality and augmented reality design and creation, creative event planning and management, IP character creation, social media marketing and related proprietary mobile applications (UMETA VS and UMETA AR), together with end-to-end campaign management. Its operating activities are organized around integrated one-stop digital marketing solutions, 3D/AR and virtual technology services, and event management. The company serves clients across industries in Hong Kong and distributes services via direct sales, supplier partnerships and digital platforms while targeting Asia-Pacific expansion.

Summary from filing dated 2025-05-16

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	Dec 31, 2025 2025-12-31	Dec 31, 2024 2024-12-31	Dec 31, 2023 2023-12-31
Sales	2	3	3
Cost of sales	644,995	1	1
Gross profit	1	2	2
Other income	52,600	930	605
Selling and marketing expenses	2	—	—
Administrative expense	2	1	473,707
(Loss) profit before income tax	−3	516,820	1
Income tax credit (expense)	−363,109	137,390	157,047
(Loss) profit for the year	−2	379,430	925,563
Other comprehensive income:	—	—	—
Foreign currency translation adjustment	5,194	—	—
Total other comprehensive income	5,194	—	—
Total comprehensive (loss) income	−2	379,430	925,563
(Loss) earnings per share:	—	—	—
Ordinary shares, – basic (in Dollars per share)	−1.37	2.29	5.86
Ordinary shares, – diluted (in Dollars per share)	−1.37	2.29	5.86
Weighted average shares outstanding used in calculating basic and diluted earnings per share**	—	—	—
Ordinary shares, – basic (in Shares)	2	165,488	157,812
Ordinary shares, – diluted (in Shares)	2	165,488	157,812

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	Dec 31, 2025 2025-12-31	Dec 31, 2024 2024-12-31
Current assets	—	—
Cash and cash equivalents	3,167	389,651
Accounts receivable	1	914,092
Prepayments, deposits paid and other receivables	620,383	964,762
Total current assets	2	2
Non-current assets	—	—
Property, plant and equipment, net	2,672	90,322
Intangible assets, net	1	255,962
Prepayment to intangible assets	2	—
Deferred tax assets	320,274	—
Total non-current assets	3	346,284
Total assets	5	3
Current liabilities	—	—
Accrued expenses and other payables	377,935	185,697
Current income tax payable	103,037	303,687
Amounts due from related parties	19,275	—
Total current liabilities	500,247	489,384
Non-current liability	—	—
Deferred tax liabilities	—	43,262
Total liabilities	500,247	532,646
Commitments and contingencies	—	—
Shareholders’ equity	—	—
Ordinary Shares, $0.00064 par value; 78,125,000 shares authorized, 1,666,250 (2024: 1,652,500) shares issued and outstanding*	1,066	1,000
Additional paid-in capital	5	407,056
Subscription receivables	50,000	50,000
Retained earnings (accumulated losses)	−522,091	2
Accumulated other comprehensive income	5,194	—
Total shareholders’ equity	4	2
Total liabilities and equity	5	3

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	Dec 31, 2025 2025-12-31	Dec 31, 2024 2024-12-31	Dec 31, 2023 2023-12-31
Cash flows from operating activities	—	—	—
Net (loss) profit	−2	379,430	925,563
Adjustments for:-	—	—	—
Depreciation of property, plant and equipment	87,935	2,986	1,330
Amortization of intangible assets	172,318	83,944	70,247
Provision of expected credit loss	486,558	—	—
Deferred tax (credit) expense	−363,109	−13,765	28,347
Changes in operating assets and liabilities:	—	—	—
Accounts receivable	789,546	276,445	484,194
Prepayments, deposits paid and other receivables	−348,466	581,130	313,144
Accounts payable	—	−49,719	49,719
Accrued expenses and other payables	191,120	127,015	57,428
Receipt in advance	—	57,545	−57,545
Amounts due with related parties	19,241	−46,035	119,376
Current income tax payable	−201,776	151,155	128,700
Net cash (used in) provided by operating activities	−2	−280,109	640,917
Cash flows from investing activities	—	—	—
Acquisition of property, plant and equipment	—	87,596	2,205
Acquisition of intangible assets	3	—	241,169
Net cash used in investing activities	−3	−87,596	−243,374
Cash flows from financing activities	—	—	—
Proceeds from issue of ordinary shares	—	358,056	—
Proceeds from initial public offerings	4	—	—
Net cash provided by financing activities	4	358,056	—
(Decrease) increase in cash and cash equivalents	−381,458	−9,649	397,543
Effect of foreign exchange rate changes	−5,026	—	—
Cash and cash equivalents at end of year	—	—	—
Cash and cash equivalents at end of year	—	—	—
Analysis of the balance of cash and cash equivalents	—	—	—
Bank balances	3,167	389,651	399,300

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro