Vobile Group Limited logo

Vobile Group Limited

3738.HK

HKSETechnologySoftware - Application

Latest quote

HK$2.325

−HK$0.05 · -2.11%

Aug 24, 11:59 AM HKT

3738.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Vobile Group Limited operates as an investment holding company, supplying Software-as-a-Service (SaaS) solutions across various global markets, including the United States, Japan, and Mainland China. The company's core business involves online video content management, providing services that empower content owners to secure their intellectual property against unauthorized use, precisely track viewership, and generate revenue from their assets. Its extensive platform offerings cover content protection, measurement, management, monetization, and transactional processing capabilities. Vobile serves a diverse client base, which includes film studios, television networks, music labels, direct-to-consumer (DTC) service providers, subscription video-on-demand (SVOD) aggregators, sports organizations, and toy and game manufacturers. Established in 2005, the company is headquartered in Santa Clara, California.

Industry
Software - Application
Sector
Technology
Headquarters
HK
CEO
Yangbin Wang
Listed since
Jan 4, 2018
Employees
579

Market position

Day range

Current HK$2.325

52-week range

Current HK$2.325

Open
HK$2.39
Previous close
HK$2.375
Volume
4.52M
0.2× average
Average volume
22.37M
Average daily volume
Market cap
5.91B HKD
Beta
1.91
Market reference 1
50-day average
HK$2.4143
-3.70% below average
200-day average
HK$3.7161
-37.43% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
28.05×
P/B (TTM)
1.92×
P/S (TTM)
2.06×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
44.77%
Operating margin
11.25%
Net margin
6.94%

Financial health

Debt / equity
0.63×
Altman Z-score
2.59
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends56%35%13%-9%Gross margin, FY2021: 50.80%Gross margin, FY2022: 40.95%Gross margin, FY2023: 42.49%Gross margin, FY2024: 43.79%Gross margin, FY2025: 44.77%Operating margin, FY2021: 3.19%Operating margin, FY2022: 10.08%Operating margin, FY2023: 7.48%Operating margin, FY2024: 11.80%Operating margin, FY2025: 11.25%Net margin, FY2021: -3.30%Net margin, FY2022: 2.91%Net margin, FY2023: -0.39%Net margin, FY2024: 5.94%Net margin, FY2025: 6.94%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 50.80%. Gross margin FY2022 40.95%. Gross margin FY2023 42.49%. Gross margin FY2024 43.79%. Gross margin FY2025 44.77%. Operating margin FY2021 3.19%. Operating margin FY2022 10.08%. Operating margin FY2023 7.48%. Operating margin FY2024 11.80%. Operating margin FY2025 11.25%. Net margin FY2021 -3.30%. Net margin FY2022 2.91%. Net margin FY2023 -0.39%. Net margin FY2024 5.94%. Net margin FY2025 6.94%.

Income trends

Revenue

2.87B HKD+19.62%

Operating income

323.26M HKD+14.06%

Net income

199.31M HKD+39.65%
Income trends across reported periods3.16B HKD2B HKD845.84M HKD−312.18M HKDRevenue, FY2021: 686.53M HKDRevenue, FY2022: 1.44B HKDRevenue, FY2023: 2B HKDRevenue, FY2024: 2.4B HKDRevenue, FY2025: 2.87B HKDOperating income, FY2021: 21.88M HKDOperating income, FY2022: 145.37M HKDOperating income, FY2023: 149.62M HKDOperating income, FY2024: 283.41M HKDOperating income, FY2025: 323.26M HKDNet income, FY2021: −22.68M HKDNet income, FY2022: 42M HKDNet income, FY2023: −7.82M HKDNet income, FY2024: 142.73M HKDNet income, FY2025: 199.31M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 686.53M HKD. Revenue FY2022 1.44B HKD. Revenue FY2023 2B HKD. Revenue FY2024 2.4B HKD. Revenue FY2025 2.87B HKD. Operating income FY2021 21.88M HKD. Operating income FY2022 145.37M HKD. Operating income FY2023 149.62M HKD. Operating income FY2024 283.41M HKD. Operating income FY2025 323.26M HKD. Net income FY2021 −22.68M HKD. Net income FY2022 42M HKD. Net income FY2023 −7.82M HKD. Net income FY2024 142.73M HKD. Net income FY2025 199.31M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue2.87B HKD2.4B HKD2B HKD1.44B HKD686.53M HKD
Cost of goods sold1.59B HKD1.35B HKD1.15B HKD851.96M HKD337.76M HKD
Gross profit1.29B HKD1.05B HKD850.16M HKD590.71M HKD348.77M HKD
Research and development338.12M HKD270.95M HKD231.53M HKD133.13M HKD111.84M HKD
Selling, general, and administrative624.61M HKD505.34M HKD487.93M HKD314.86M HKD226.7M HKD
Operating expenses962.74M HKD768.06M HKD700.54M HKD445.34M HKD326.89M HKD
Interest income16.01M HKD4.24M HKD4.43M HKD4.55M HKD1.62M HKD
Interest expense74.1M HKD91.6M HKD92.25M HKD92.77M HKD20.17M HKD
Depreciation and amortization126M HKD135.13M HKD135.75M HKD86.22M HKD23.45M HKD
Operating income323.26M HKD283.41M HKD149.62M HKD145.37M HKD21.88M HKD
Net income199.31M HKD142.73M HKD−7.82M HKD42M HKD−22.68M HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
3 beats, 3 misses, 0 met estimates
Average EPS surprise
-58.95%
6 comparable reports
Latest EPS result
0.04
Estimate 0.04 · Miss by 2.75%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.090.04-0-0.05Q1 '23No estimateQ3 '23No estimateQ1 '24MissQ3 '24BeatQ1 '25No estimateQ3 '25BeatQ1 '26MissQ3 '26Estimate
Q1 2023, reported Mar 31, 2023: actual 0.01, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 28, 2023: actual 0.024, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual -0.01, estimate 0.02, surprise -150.00%, Miss. Q3 2024, reported Aug 30, 2024: actual 0.017, estimate -0.01, surprise +271.00%, Beat. Q1 2025, reported Mar 28, 2025: actual 0.04, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 0.052, estimate 0.03, surprise +73.83%, Beat. Q1 2026, reported Mar 26, 2026: actual 0.039, estimate 0.04, surprise -2.75%, Miss. Q3 2026, reported Aug 28, 2026: actual —, estimate 0.04, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates17.05B11.53B6.02B500.4MQ1 '23BeatQ3 '23MissQ1 '24MissQ3 '24BeatQ1 '25MissQ3 '25BeatQ1 '26MissQ3 '26Estimate
Q1 2023, reported Mar 31, 2023: actual 886.55M HKD, estimate 588.71M HKD, surprise +50.59%, Beat. Q3 2023, reported Aug 28, 2023: actual 1B HKD, estimate 15.83B HKD, surprise -93.66%, Miss. Q1 2024, reported Mar 25, 2024: actual 998.23M HKD, estimate 1.05B HKD, surprise -4.93%, Miss. Q3 2024, reported Aug 30, 2024: actual 1.18B HKD, estimate 1.15B HKD, surprise +2.66%, Beat. Q1 2025, reported Mar 28, 2025: actual 1.22B HKD, estimate 1.31B HKD, surprise -6.88%, Miss. Q3 2025, reported Aug 28, 2025: actual 1.46B HKD, estimate 1.4B HKD, surprise +4.02%, Beat. Q1 2026, reported Mar 26, 2026: actual 1.42B HKD, estimate 1.55B HKD, surprise -8.65%, Miss. Q3 2026, reported Aug 28, 2026: actual —, estimate 1.62B HKD, surprise —, Comparison unavailable.

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