COMP <GO>

HKD vs CPSS // OPTIONS IMPLIED MOVE & PUT/CALL SKEW

AMTD Digital Inc. (every five of which represent two ) (Class A) (NYSE) VS. Consumer Portfolio Services Inc. (NASDAQ) • 15-METRIC TALLY: HKD 3 — CPSS 2

■ METRIC PARITY

HKD — AMTD Digital Inc. (every five of which represent two ) (Class A) ROARABLE D+ • RQD 55/100

LAST: $1.66 (-4.05%) • MKT CAP: $218.3M

DES <GO> FA <GO> 10-K RED <GO>

options-implied-move

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CPSS — Consumer Portfolio Services Inc. ROARABLE C • RQD 63/100

LAST: $10.13 (+1.71%) • MKT CAP: $218.2M

DES <GO> FA <GO> 10-K RED <GO>

options-implied-move

—

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HKD VS. CPSS) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	HKD	CPSS	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	6.20%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	6.56%	—	—	TIE	/fcf-yield <GO>
Operating Margin	0.80%	—	—	TIE	/operating-margins <GO>
Net Profit Margin	68.00%	4.40%	+63.60	HKD	/net-margins <GO>
Revenue Growth (YoY)	180.00%	10.40%	+169.60	HKD	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	6/9	-1.00	CPSS	/piotroski-score <GO>
Options Implied Move & Put/Call Skew ACTIVE	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	53.1	59.6	-6.50	CPSS	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	10.5x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$218.3M	$218.2M	$88.0K	HKD	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	HKD REV	CPSS REV	HKD GROSS %	CPSS GROSS %	HKD FCF	CPSS FCF
FY 2025	$136.1M	$434.5M	—	—	$14.3M	$288.3M
FY 2024	$20.4M	$393.5M	—	—	$4.1M	$233.3M
FY 2023	$12.0M	$352.0M	—	—	—	$238.0M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

HKD // BETA —

CPSS // BETA —