SDM
SDM
Smart Digital Group Limited Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2024 | $57.82K ▼ | $13.53M ▼ | $7.15M ▼ | $6.38M ▲ |
| Q2-2024 | $180.32K ▲ | $15.97M ▲ | $11.16M ▲ | $4.81M ▲ |
| Q4-2023 | $144.62K | $10.69M | $6.08M | $4.61M |
What's financially strong about this company?
The company has a very high proportion of tangible assets, little debt, and a big jump in shareholder equity. Receivables collection improved, and there is no goodwill or intangible risk.
What are the financial risks or weaknesses?
Cash is extremely low, which could cause problems if collections slow or bills come due unexpectedly. The business relies heavily on customers paying quickly, and the drop in assets may signal shrinking operations.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|
5-Year Trend Analysis
A comprehensive look at Smart Digital Group Limited Ordinary Shares's financial evolution and strategic trajectory over the past five years.
SDM’s main strengths are its very rapid revenue growth, expanding asset and equity base, and generally conservative use of debt. The company has shown it can win new business and scale its operations, while maintaining positive net income and building retained earnings over time. Operating overhead has been kept in check relative to sales, and the balance sheet still looks solid, with low leverage and adequate short-term liquidity. Its focus on digital marketing in growth markets and its ambition to develop proprietary and AI-driven tools add potential strategic upside.
The key risks are around profitability quality, cash generation, and strategic and regulatory uncertainty. Margins have compressed sharply, and earnings per share have declined in the most recent year despite booming revenue, suggesting that growth is becoming less profitable. Operating and free cash flow have turned deeply negative, meaning that accounting profits are not being converted into cash, and the company is increasingly relying on short-term debt and its cash reserves to fund operations. Rapid growth in receivables and current liabilities, a drop in cash, and minimal visible investment in long-term assets or R&D add to execution risk. Outside the financials, regulatory actions, market manipulation concerns, and investor lawsuits connected to its listing, along with plans to move into cryptocurrency assets, introduce reputational and governance-related risks.
SDM appears to be at a crossroads. Its strong top-line momentum and growing capital base show meaningful potential, but the business now needs to stabilize margins, improve cash conversion, and demonstrate that its technology and AI initiatives can create real, defensible value in a crowded market. The outlook depends heavily on management’s ability to tighten working capital, restore positive free cash flow, navigate regulatory and legal challenges, and bring greater transparency and substance to its innovation claims. There is clear growth opportunity in its core markets, but the path forward carries elevated uncertainty and will likely remain volatile until these issues are addressed.
About Smart Digital Group Limited Ordinary Shares
https://www.smdmeta.comSmart Digital Group Limited, through its subsidiaries, provides internet media, business planning and consulting, event planning and execution, and software customization and marketing services in Singapore, Mainland China, and Macau.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2024 | $57.82K ▼ | $13.53M ▼ | $7.15M ▼ | $6.38M ▲ |
| Q2-2024 | $180.32K ▲ | $15.97M ▲ | $11.16M ▲ | $4.81M ▲ |
| Q4-2023 | $144.62K | $10.69M | $6.08M | $4.61M |
What's financially strong about this company?
The company has a very high proportion of tangible assets, little debt, and a big jump in shareholder equity. Receivables collection improved, and there is no goodwill or intangible risk.
What are the financial risks or weaknesses?
Cash is extremely low, which could cause problems if collections slow or bills come due unexpectedly. The business relies heavily on customers paying quickly, and the drop in assets may signal shrinking operations.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|
5-Year Trend Analysis
A comprehensive look at Smart Digital Group Limited Ordinary Shares's financial evolution and strategic trajectory over the past five years.
SDM’s main strengths are its very rapid revenue growth, expanding asset and equity base, and generally conservative use of debt. The company has shown it can win new business and scale its operations, while maintaining positive net income and building retained earnings over time. Operating overhead has been kept in check relative to sales, and the balance sheet still looks solid, with low leverage and adequate short-term liquidity. Its focus on digital marketing in growth markets and its ambition to develop proprietary and AI-driven tools add potential strategic upside.
The key risks are around profitability quality, cash generation, and strategic and regulatory uncertainty. Margins have compressed sharply, and earnings per share have declined in the most recent year despite booming revenue, suggesting that growth is becoming less profitable. Operating and free cash flow have turned deeply negative, meaning that accounting profits are not being converted into cash, and the company is increasingly relying on short-term debt and its cash reserves to fund operations. Rapid growth in receivables and current liabilities, a drop in cash, and minimal visible investment in long-term assets or R&D add to execution risk. Outside the financials, regulatory actions, market manipulation concerns, and investor lawsuits connected to its listing, along with plans to move into cryptocurrency assets, introduce reputational and governance-related risks.
SDM appears to be at a crossroads. Its strong top-line momentum and growing capital base show meaningful potential, but the business now needs to stabilize margins, improve cash conversion, and demonstrate that its technology and AI initiatives can create real, defensible value in a crowded market. The outlook depends heavily on management’s ability to tighten working capital, restore positive free cash flow, navigate regulatory and legal challenges, and bring greater transparency and substance to its innovation claims. There is clear growth opportunity in its core markets, but the path forward carries elevated uncertainty and will likely remain volatile until these issues are addressed.
CEO
Yunting Chen