Pax Global Technology Limited · HKEX:327
Pax Global Technology — FY2025 Earnings Presentation
19 slides from Pax Global Technology's earnings presentation, 2026
Slide 1: PAX Global Technology Limited 2025 Annual Results
PAX Global Technology Limited (327.HK) 2025 Annual Results
Slide 2: Disclaimer
Disclaimer The information contained in these presentation materials has been prepared by PAX Global Technology Limited ( “Company” or “PAX”) (incorporated in Bermuda with limited liability) solely for use at the presentation to prospective investors for introduction of the Company. By accepting thi
Slide 3: Agenda
Agenda 01 Corporate strategies 02 2025 annual results snapshot PAX Global 2025 annual results 3
Slide 4: Corporate strategies
Corporate strategies PAX Global 2025 annual results 4
Slide 5: Sharpen Android strategy to reinforce competitiveness
Corporate strategies Sharpen Android strategy to reinforce competitiveness Strengthen payment infrastructure modernization with Android POS Drive high-value Android product innovation • Optimize product portfolio; prioritize core models with scalable commercial potential & sustained demand • Android
Slide 6: Strengthen platform service innovation to unlock ecosystem value
Corporate strategies Strengthen platform service innovation to unlock ecosystem value Scale cloud-driven platform to empower banks & payment ecosystem upgrade Universal Terminal Value-added Management Services Platform Industry- AI-driven specific Innovation Solutions Remote Technical Support Busine
Slide 7: Enhance the Group's operational efficiency
Corporate strategies Enhance the Group’s operational efficiency Strategic focus & resource optimization to drive operational efficiency Enhance R&D effectiveness • Adjust pricing as needed to address rising memory component costs • Explore non-Android and broader smart device offerings to expand mar
Slide 8: 2025 annual results snapshot
2025 annual results snapshot PAX Global 2025 annual results 8
Slide 9: PAX delivered profitable results in 2025
2025 annual results snapshot PAX delivered profitable results in 2025 47.2% 44.6% 43.6% 6,709 6,045 5,873 Profit for the year 756 1,165 721 756 HK$ million 2023 FY 2024 FY 2025 FY Revenue (HK$ million) Profit for the year (HK$ million) Gross profit margin (％) PAX Global 2025 annual results 9
Slide 10: PAX adopts prudent capital allocation in a challenging environment
2025 annual results snapshot PAX adopts prudent capital allocation in a challenging environment Maintain stable cash flow • Operating cash inflow of approx. HK$ 1.3 billion in 2025 • Core business remained stable, supporting ongoing operations and growth Enhance financial flexibility to navigate fut
Slide 11: PAX pragmatically manages working capital
2025 annual results snapshot PAX pragmatically manages working capital Trade and bills receivables • Increase mainly driven by strong sales performance in Q4 (YoY +10%) • 73% of receivables within 0–180 days (2024: 64%) (Turnover days: 172) • Optimized inventory management & accelerated reduction of
Slide 12: Other financial items analysis
2025 annual results snapshot Other financial items analysis Selling expenses • Decrease in transportation costs (YoY -18%) • Reduction in advertising & promotional expenses • Lower R&D costs from reduced outsourcing & optimized resource allocation Administrative expenses • Decrease in staff costs, w
Slide 13: PAX drives global diversification with focus on high-potential markets
2025 annual results snapshot PAX drives global diversification with focus on high-potential markets LACIS EMEA (HK$ 1,506 M) (HK$ 2,149 M) • Brazil, Mexico & Argentina: Macroeconomic • Europe: UK, Germany & Eastern Europe delivered volatility & rising competition led to cautious 26% solid sales term
Slide 14: PAX continues to expand the SaaS ecosystem
2025 annual results snapshot PAX continues to expand the SaaS ecosystem 16M+ Connected terminals* SaaS solutions revenue YoY 43% 18K+ 4.6K+ HK$ 198 M Applications* Application developers* *As of 31 Dec 2025 PAX Global 2025 annual results 14
Slide 15: 2026 challenges: rising memory chip prices & RMB fluctuations
2026 challenges 2026 challenges: rising memory chip prices & RMB fluctuations Sharp increase in memory chip prices • AI-driven demand has led to explosive growth in memory chip consumption, related component prices up over 2x since Q4 2025 • Rising memory chip prices now a market trend, creating man
Slide 16: Investor relations contacts
Investor relations contacts Email： ir@pax.com.hk Tel： +852 2500 8510 PAX Global 2025 annual results 16
Slide 17: Consolidated income statement
Appendix – financial summary Consolidated income statement For the year ended 31 December 2025 2024 HK$'000 HK$'000 Revenue 5,872,540 6,044,878 Cost of sales (3,312,517) (3,191,489) Gross profit 2,560,023 2,853,389 Other income 58,227 85,372 Other gains, net 32,909 861 Selling expenses (634,862) (77
Slide 18: Consolidated balance sheet
Appendix – financial summary Consolidated balance sheet As at 31 December 2025 2024 HK$'000 HK$'000 Total non-current assets 1,447,545 1,523,386 Property, plant and equipment 946,326 939,396 Right-of-use assets 183,631 207,281 Others 317,588 376,709 Total current assets 8,531,649 7,646,119 Cash and
Slide 19: Working capital summary
Appendix – financial summary Working capital summary At 31 Dec 2025 At 31 Dec 2024 HK$ ‘000 HK$ ‘000 Inventories 1,404,306 1,587,039 Trade and bills receivables 2,804,738 2,543,884 Trade payables 1,198,883 937,211 Cash and cash equivalents 3,907,245 3,083,598 Turnover days Inventories 195 220 Trade