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Garden Stage Limited logo

Garden Stage Limited

GSIW

NASDAQFinancial ServicesFinancial - Capital Markets

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Previous close

$16.90

+$0.10 · +0.60%

Aug 21, 4:00 PM ET

GSIW company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

70

Undervalued

Momentum

39

Weakening

Sentiment

52

Mixed

Risk resilience

4

Extreme Risk

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Company profile

Company website

Garden Stage Limited, through its subsidiaries, provides financial services in Hong Kong. It offers securities dealing and brokerage services; underwriting and placing services; investment advisory services; due diligence services; introduction and referral services; and asset management services, such as account and fund management services. The company was incorporated in 2022 and is headquartered in Central, Hong Kong. Garden Stage Limited is a subsidiary of Oriental Moon Tree Limited.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
HK
CEO
Sze Chan
Listed since
Dec 1, 2023
Employees
20

Market position

Day range

Current $16.90

52-week range

Current $16.90

Open
$16.50
Previous close
$16.80
Volume
3.75K
0.44× average
Average volume
8.5K
Average daily volume
Market cap
23.87M USD
Beta
4.04
Market reference 1
50-day average
$24.5767
-31.24% below average
200-day average
$26.3118
-35.77% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
149.55M USD
P/E (TTM)
-23.47×
P/B (TTM)
7.47×
P/S (TTM)
3.28×
EV / EBITDA
-11.83×
Earnings yield
-8.29%
Free cash flow yield
-2.60%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
12.71%
Operating margin
-190.43%
Net margin
-190.12%
Return on equity
-57.13%
Return on assets
-33.01%
Return on invested capital
-33.01%

Financial health

Debt / equity
0×
Current ratio
326.02×
Altman Z-score
-0.33
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 trends134%-37%-208%-379%Gross margin, FY2022: 62.11%Gross margin, FY2023: 91.41%Gross margin, FY2024: -145.99%Gross margin, FY2025: 4.72%Gross margin, FY2026: 10.05%Operating margin, FY2022: -22.12%Operating margin, FY2023: -6.37%Operating margin, FY2024: -335.36%Operating margin, FY2025: -80.00%Operating margin, FY2026: -190.43%Net margin, FY2022: -22.15%Net margin, FY2023: -6.36%Net margin, FY2024: -336.34%Net margin, FY2025: -79.91%Net margin, FY2026: -190.12%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 62.11%. Gross margin FY2023 91.41%. Gross margin FY2024 -145.99%. Gross margin FY2025 4.72%. Gross margin FY2026 10.05%. Operating margin FY2022 -22.12%. Operating margin FY2023 -6.37%. Operating margin FY2024 -335.36%. Operating margin FY2025 -80.00%. Operating margin FY2026 -190.43%. Net margin FY2022 -22.15%. Net margin FY2023 -6.36%. Net margin FY2024 -336.34%. Net margin FY2025 -79.91%. Net margin FY2026 -190.12%.

Income trends

Revenue

7.28M USD+34.72%

Operating income

−13.86M USD-220.68%

Net income

−13.84M USD-220.50%
Income trends across reported periods9.39M USD936.88K USD−7.52M USD−15.97M USDRevenue, FY2022: 296.29K USDRevenue, FY2023: 415.79K USDRevenue, FY2024: 1.36M USDRevenue, FY2025: 5.4M USDRevenue, FY2026: 7.28M USDOperating income, FY2022: −65.53K USDOperating income, FY2023: −26.5K USDOperating income, FY2024: −4.58M USDOperating income, FY2025: −4.32M USDOperating income, FY2026: −13.86M USDNet income, FY2022: −65.63K USDNet income, FY2023: −26.43K USDNet income, FY2024: −4.59M USDNet income, FY2025: −4.32M USDNet income, FY2026: −13.84M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 296.29K USD. Revenue FY2023 415.79K USD. Revenue FY2024 1.36M USD. Revenue FY2025 5.4M USD. Revenue FY2026 7.28M USD. Operating income FY2022 −65.53K USD. Operating income FY2023 −26.5K USD. Operating income FY2024 −4.58M USD. Operating income FY2025 −4.32M USD. Operating income FY2026 −13.86M USD. Net income FY2022 −65.63K USD. Net income FY2023 −26.43K USD. Net income FY2024 −4.59M USD. Net income FY2025 −4.32M USD. Net income FY2026 −13.84M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue7.28M USD5.4M USD1.36M USD415.79K USD296.29K USD
Cost of goods sold6.55M USD5.15M USD3.36M USD35.71K USD112.26K USD
Gross profit731.64K USD255.26K USD−1.99M USD380.08K USD184.03K USD
Selling, general, and administrative—4.42M USD2.62M USD1.15M USD530.6K USD
Operating expenses14.59M USD4.58M USD2.63M USD1.11M USD535.73K USD
Interest income750.09K USD58.09K USD38.67K USD47.83K USD60.84K USD
Depreciation and amortization1.22M USD165.74K USD82.24K USD10.1K USD1.4K USD
Operating income−13.86M USD−4.32M USD−4.58M USD−26.5K USD−65.53K USD
Net income−13.84M USD−4.32M USD−4.59M USD−26.43K USD−65.63K USD

Company facts updated Aug 24, 2026.

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