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Crypto Flow Technology Limited

8198.HK

HKSETechnologyInformation Technology Services

Open in GoAI

Latest quote

HK$1.20

+HK$0.01 · +0.84%

Aug 24, 11:24 AM HKTData delayed

8198.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating as an investment holding company, Loto Interactive Limited delivers big data center solutions across China, Hong Kong, and Kazakhstan. Its business is structured into three main divisions: Big Data Centre Services within the People's Republic of China, Big Data Centre Services outside the PRC, and its Money Lending operations. Beyond its core data infrastructure offerings, the firm also engages in distributing online mobile games, provides specialized services such as data analytics and storage, and offers administrative and consulting support. Additionally, it maintains a money lending segment. Historically known as MelcoLot Limited, the company adopted its current name, Loto Interactive Limited, in September 2017. Headquartered in Hong Kong, as of July 25, 2022, it functions as a subsidiary of Manful Kingdom Limited.

Industry
Information Technology Services
Sector
Technology
Headquarters
HK
CEO
Quan Yuan
Listed since
May 17, 2002
Employees
45

Market position

Day range

Current HK$1.20

52-week range

Current HK$1.20

Open
HK$1.11
Previous close
HK$1.19
Volume
56K
0.13× average
Average volume
416.31K
Average daily volume
Market cap
861.08M HKD
Beta
-0.71
Market reference 1
50-day average
HK$1.4046
-14.57% below average
200-day average
HK$1.8879
-36.44% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.64B HKD
P/E (TTM)
-6.96×
P/B (TTM)
4.85×
P/S (TTM)
14.87×
EV / EBITDA
-21.17×
Earnings yield
-5.20%
Free cash flow yield
-2.49%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
12.50%
Operating margin
-182.39%
Net margin
-202.80%
Return on equity
-50.30%
Return on assets
-43.37%
Return on invested capital
-49.55%

Financial health

Debt / equity
0.04×
Current ratio
4.63×
Altman Z-score
13.59
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends400%-950%-2300%-3650%Gross margin, FY2021: 45.40%Gross margin, FY2022: 39.03%Gross margin, FY2023: 62.54%Gross margin, FY2024: 19.89%Gross margin, FY2025: 6.50%Operating margin, FY2021: -275.77%Operating margin, FY2022: -36.80%Operating margin, FY2023: -97.94%Operating margin, FY2024: -22.56%Operating margin, FY2025: -194.19%Net margin, FY2021: -3312.37%Net margin, FY2022: -192.53%Net margin, FY2023: -121.28%Net margin, FY2024: -22.46%Net margin, FY2025: -188.91%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 45.40%. Gross margin FY2022 39.03%. Gross margin FY2023 62.54%. Gross margin FY2024 19.89%. Gross margin FY2025 6.50%. Operating margin FY2021 -275.77%. Operating margin FY2022 -36.80%. Operating margin FY2023 -97.94%. Operating margin FY2024 -22.56%. Operating margin FY2025 -194.19%. Net margin FY2021 -3312.37%. Net margin FY2022 -192.53%. Net margin FY2023 -121.28%. Net margin FY2024 -22.46%. Net margin FY2025 -188.91%.

Income trends

Revenue

47.24M HKD-18.71%

Operating income

−91.73M HKD-599.61%

Net income

−89.23M HKD-583.82%
Income trends across reported periods92.59M HKD−45.33M HKD−183.25M HKD−321.17M HKDRevenue, FY2021: 8.66M HKDRevenue, FY2022: 29.55M HKDRevenue, FY2023: 25.19M HKDRevenue, FY2024: 58.11M HKDRevenue, FY2025: 47.24M HKDOperating income, FY2021: −23.87M HKDOperating income, FY2022: −10.87M HKDOperating income, FY2023: −24.67M HKDOperating income, FY2024: −13.11M HKDOperating income, FY2025: −91.73M HKDNet income, FY2021: −286.69M HKDNet income, FY2022: −56.89M HKDNet income, FY2023: −30.55M HKDNet income, FY2024: −13.05M HKDNet income, FY2025: −89.23M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.66M HKD. Revenue FY2022 29.55M HKD. Revenue FY2023 25.19M HKD. Revenue FY2024 58.11M HKD. Revenue FY2025 47.24M HKD. Operating income FY2021 −23.87M HKD. Operating income FY2022 −10.87M HKD. Operating income FY2023 −24.67M HKD. Operating income FY2024 −13.11M HKD. Operating income FY2025 −91.73M HKD. Net income FY2021 −286.69M HKD. Net income FY2022 −56.89M HKD. Net income FY2023 −30.55M HKD. Net income FY2024 −13.05M HKD. Net income FY2025 −89.23M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue47.24M HKD58.11M HKD25.19M HKD29.55M HKD8.66M HKD
Cost of goods sold44.17M HKD46.55M HKD9.44M HKD18.02M HKD194.49M HKD
Gross profit3.07M HKD11.56M HKD15.75M HKD11.53M HKD3.93M HKD
Research and development30.66M HKD8.6M HKD———
Selling, general, and administrative67.24M HKD16.07M HKD31.77M HKD21.07M HKD56.74M HKD
Operating expenses94.8M HKD24.67M HKD40.52M HKD22.41M HKD27.8M HKD
Interest income21K HKD———131K HKD
Interest expense553K HKD695K HKD569K HKD342K HKD149K HKD
Depreciation and amortization14.16M HKD11.74M HKD6.84M HKD10.14M HKD7.62M HKD
Operating income−91.73M HKD−13.11M HKD−24.67M HKD−10.87M HKD−23.87M HKD
Net income−89.23M HKD−13.05M HKD−30.55M HKD−56.89M HKD−286.69M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0-0.03-0.05-0.08Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25
Q2 2023, reported May 11, 2023: actual -0.017, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 11, 2023: actual -0.006, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 10, 2023: actual -0.004, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.04, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 10, 2024: actual -0.003, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual -0.003, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 11, 2024: actual -0.009, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.009, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates15.85M12.38M8.9M5.43MQ2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25
Q2 2023, reported May 11, 2023: actual 6.15M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 11, 2023: actual 6.15M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 10, 2023: actual 6.23M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 12.89M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 10, 2024: actual 15.13M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 23, 2024: actual 15.13M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 11, 2024: actual 13.93M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 13.93M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective May 28, 2020

1:10

Stock split

Effective Apr 28, 2014

133:125

Stock split

Effective Oct 17, 2012

38:29

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