AMTD IDEA Group Reports Half Year Performance
Ticker: AMTD · Form: 6-K · Filed: Dec 30, 2024 · CIK: 1769731
Sentiment: neutral
Topics: financial-results, foreign-private-issuer, dual-listing
Related Tickers: AMTD
TL;DR
AMTD IDEA Group dropped its half-year results, check the numbers.
AI Summary
AMTD IDEA Group announced its unaudited half-year performance for the period ending December 30, 2024. The company, dual-listed on the NYSE and SGX, operates as an investment holding platform for digital solutions, media, entertainment, cultural connectors, and global premium assets, hospitality, and VIP services.
Why It Matters
This filing provides investors with an update on the financial performance of AMTD IDEA Group, a dual-listed company with diverse business segments.
Risk Assessment
Risk Level: low — This is a routine financial performance update filing with no immediate material changes or significant events indicated.
Key Players & Entities
- AMTD IDEA Group (company) — Registrant
- NYSE (company) — Stock Exchange
- SGX (company) — Stock Exchange
- December 30, 2024 (date) — Reporting Period End Date
FAQ
What is the reporting period for the unaudited financial performance announced by AMTD IDEA Group?
The unaudited financial performance is for the half-year period ending December 30, 2024.
On which stock exchanges is AMTD IDEA Group dual-listed?
AMTD IDEA Group is dual-listed on the NYSE and SGX.
What are the primary business segments of AMTD IDEA Group?
The company operates as an investment holding platform for digital solutions, media, entertainment and cultural connectors, and global premium assets, hospitality and VIP services.
What form is this SEC filing?
This SEC filing is a Form 6-K.
What is the principal executive office address of AMTD IDEA Group?
The principal executive office is located at 66 rue Jean-Jacques Rousseau, 75001 Paris, France.
Filing Stats: 1,930 words · 8 min read · ~6 pages · Grade level 12.8 · Accepted 2024-12-30 16:01:28
Key Financial Figures
- $35.9 million — revenue for the first half of 2024 is US$35.9 million and we have maintained a trajectory of
- $10.4 million — mpared to the previous year, reaching US$10.4 million for the six months ended June 30, 2024.
- $4.3 million — ity and VIP services income rose from US$4.3 million in the comparable period of 2023 to US$
- $7.9 million — n in the comparable period of 2023 to US$7.9 million for the six months ended June 30, 2024,
- $15.9 million — iod in 2023. We recorded a total of US$15.9 million of dividends and fair value gain on fin
- $24.7 million — 0, 2024. We recorded other gains of US$24.7 million from the disposal of certain subsidiari
- $35.9 m — onths ended June 30, 2024 amounted to US$35.9 million, a change from US$109.1 million r
- $109.1 million — ted to US$35.9 million, a change from US$109.1 million recorded for the same period in 2023. T
- $1.7 million — lutions and other services income was US$1.7 million for six months ended June 30, 2024, com
- $11.6 million — nths ended June 30, 2024, compared to US$11.6 million for the same period last year. The decr
- $10.4 m — ing and marketing services income was US$10.4 million, representing more than 40% growt
- $8.7 million — and disposal gains of investments was US$8.7 million for the six months ended June 2024, com
- $93.5 million — x months ended June 2024, compared to US$93.5 million for the same period last year. The diff
- $83.6 million — le to the one-off divestment gains of US$83.6 million recorded in 2023. Other Income And Ga
- $37.5 m — ompared to the same period in 2023 at US$37.5 million, primarily consisting of (i) gain
Filing Documents
- ea0226238-6k_amtdidea.htm (6-K) — 131KB
- 0001213900-24-113472.txt ( ) — 132KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. AMTD IDEA GROUP By: /s/ Feridun Hamdullahpur Name: Dr. Feridun Hamdullahpur Title: Director Date: December 30, 2024 7