Everbright Digital Holding Limited
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsEverbright Digital Holding Limited is a Cayman Islands holding company whose operating subsidiary, Hong Kong United Metaverse Limited, provides services in the Hong Kong market, and whose ordinary shares trade on the Nasdaq Capital Market under the symbol EDHL.
What they do
Everbright Digital Holding Limited is a Cayman Islands holding company incorporated on May 18, 2023, with its principal executive offices in Kwun Tong, Hong Kong. Its operating subsidiary, Hong Kong United Metaverse Limited (HKUML), was incorporated in Hong Kong on March 31, 2021, and changed its name from Hong Kong Zhuhai Technology Company Limited on May 13, 2022. The company is registered with the SEC under SIC code 8231, Services-Advertising.
Revenue drivers
- Operating subsidiary services — Revenue is generated through the Hong Kong-based operating subsidiary, Hong Kong United Metaverse Limited, which operates in the advertising services sector.
Recent performance
Annual revenue was $815,090 in 2022, rose to $2.8 million in 2023, remained at $2.8 million in 2024, and declined to $1.9 million in 2025. Net income was $419,478 in 2022, $925,563 in 2023, $379,430 in 2024, and a net loss of $2.2 million in 2025. Diluted EPS was $0.17, $5.86, $2.29, and negative $1.37 for those respective years. Operating cash flow was $180,478 in 2022, $640,917 in 2023, negative $280,109 in 2024, and negative $2.3 million in 2025. At December 31, 2025, total assets were $4.8 million, total liabilities were $500,247, shareholder equity was $4.3 million, and cash and equivalents were $3,167.
Strategy
The provided excerpt does not contain a management discussion of strategy, investments, or priorities beyond the company's identification and organizational structure.
Risks
- Hong Kong concentration — The operating subsidiary is incorporated and based in Hong Kong, and all operations are concentrated in that market.
- Revenue decline and losses — Revenue fell from $2.8 million in 2024 to $1.9 million in 2025, with a net loss of $2.2 million in 2025.
- Very low cash balance — Cash and equivalents were $3,167 as of December 31, 2025, which is minimal relative to the company's $4.8 million in total assets.
- Reverse share split — A 1-for-16 reverse share split was effected on February 9, 2026, and the reported share count does not reflect it.
Outlook
The provided excerpt does not contain management's outlook or guidance for future periods.