Microware Group revenue rises, profit declines amid share-based compensation

Microware Group Limited reported annual revenue of HK$1,491.4 million, up 20.8% from HK$1,234.3 million in the prior year, driven primarily by its IT infrastructure solution services segment. However, profit for the year decreased significantly to HK$6.4 million, an 82.3% drop compared to HK$36.2 million in the previous year. The decline in profit was largely attributed to HK$38.4 million in share-based compensation expenses related to a share award scheme adopted in January 2024. Basic earnings per share were HK$0.03, down from HK$0.12. The Board did not recommend a final dividend. Trading of Microware shares, which was suspended on July 2, 2025, is expected to resume on July 9, 2025. Looking ahead, the company acknowledges a challenging external environment and aims to improve through strategic initiatives.