Roma Green Finance Limited Ordinary Shares

ROMA

$8.74

+2.12%

N/A+$0.18

Industrials

Consulting Services

NASDAQ

Active Trading

Roma Green Finance Limited, operating through its subsidiaries, provides expert consultancy in environmental, social, and governance (ESG) factors, sustainability efforts, and climate ...

Supply Chain of ROMA

Upstream

Foundry, packaging, memory, wafers, components, and input vendors.

Upstream

Bloomberg L.P.

MSCI Inc.

S&P Global Inc.

Sustainalytics (Morningstar Inc.)

H.C. Wainwright & Co., LLC

Amazon Web Services (AWS)

Bloomberg L.P.

ESG data terminal provider and sustainability scoring platform used for client ESG rating support and research

MSCI Inc.

NYSE:MSCI

ESG ratings and research data provider; used to benchmark and improve client ESG scores

S&P Global Inc.

NYSE:SPGI

ESG rating and sustainable finance data provider (S&P Global Sustainable1)

Sustainalytics (Morningstar Inc.)

NASDAQ:MORN

ESG risk ratings provider; referenced in improving client ESG profiles

H.C. Wainwright & Co., LLC

Investment banking and placement agent for at-the-market (ATM) equity offerings and capital markets access

Downstream

Customers, distributors, OEMs, and channels that absorb output.

Downstream

Hong Kong-listed private companies (90+ clients)

Singapore-based private companies and NGOs

Non-governmental organizations (NGOs)

BlueFlare Group Holdings Inc. (BlueFlare Energy Solutions)

NXTGrid Compute Power

Hong Kong-listed private companies (90+ clients)

ESG reporting, sustainability strategy, corporate governance advisory, and climate risk consulting · 70.0%

Singapore-based private companies and NGOs

ESG advisory, climate change strategy, and sustainability program development · 20.0%

Non-governmental organizations (NGOs)

Sustainability program development and ESG advisory services · 10.0%

BlueFlare Group Holdings Inc. (BlueFlare Energy Solutions)

US$15 million investment for 5% equity stake; AI/HPC sustainable infrastructure investment vertical; right of first offer for up to 500MW behind-the-meter data centre capacity in Alberta, Canada

NXTGrid Compute Power

US$15 million non-binding LOI for 5% equity stake; powered-land AI/HPC data centre infrastructure targeting ~65MW first-phase capacity

Proxies

Public comparables and monitoring names used as representatives for the analysis.

Proxies

ERM Group (Environmental Resources Management)

ERM Sustainability Institute

Roma (meta) Group Limited

ERM Group (Environmental Resources Management)

Private

Largest global pure-play sustainability advisory firm; comparable business model albeit much larger scale.

ERM Sustainability Institute

Private

Provides ESG advisory and climate risk consulting similar to ROMA but with global reach.

Roma (meta) Group Limited

HKEx:8072

Separate Hong Kong-listed company also branded 'Roma' providing valuation, ESG advisory, and consulting services in Hong Kong; potential confusion but distinct entity.

Geographic

Region-level exposures that can distort the supply network.

Geographic

Hong Kong

Singapore

Canada (Alberta)

Hong Kong-based private companies and NGOs

Singapore-based private companies and NGOs

BlueFlare Group Holdings Inc.

Hong Kong

Primary operating jurisdiction and revenue source

Hong Kong-based private companies and NGOsMajority of ~90 clients; ESG advisory and reporting services

Singapore

Secondary operating jurisdiction

Singapore-based private companies and NGOs~20% revenue contribution from ESG advisory services via Roma Advisory Pte. Ltd.

Canada (Alberta)

Emerging investment exposure via AI/HPC infrastructure vertical

BlueFlare Group Holdings Inc.US$15M investment; ROFO on up to 500MW behind-the-meter data centre capacity in Alberta

Cayman Islands

Incorporation jurisdiction; holding company structure

Roma Green Finance Limited (Cayman holding company)NASDAQ:ROMAHolding company with no material operations; conducts business through HK and Singapore subsidiaries

Concentration

Customer, supplier, or partner concentration exposures that can distort the supply network.

Customer

High

Highly concentrated geographic client base in Hong Kong and Singapore; no disclosed named clients indicating reliance on a fragmented book of 90+ mostly private companies

Other

Critical

Ultra-small workforce (19 employees) creates key-person dependency on Chairlady/CEO Huen Ling Luk and senior management

Other

High

Parent company concentration risk: Top Elect Group Limited (private) owns 100% of Class B shares with majority voting control

Other

Critical

Operates at a net loss (FY2025 net loss HK$27.8M); reliance on equity/ATM offerings for capital; US$200M ATM facility adds dilution risk

Revenue mix

How the target's revenue mix translates into supply-chain leverage and dependency.

ESG Reporting & Sustainability Program Development

45.0%

Core service line driving most client engagements; demand linked to HKEX and SGX listing rule ESG disclosure requirements.

Corporate Governance & Risk Advisory

25.0%

Requires regulatory framework expertise; no physical upstream inputs, reliant on professional talent.

Climate Change Strategy & Solutions

15.0%

Growing segment driven by net-zero commitments; leverages external climate data/modelling tools.

Sustainable Finance & Credit Services

10.0%

Emerging segment tied to green bond/loan advisory; aligns with new AI/HPC infrastructure investment vertical.

ESG Rating Support & Compliance Environmental Audit

5.0%

Ancillary service; depends on access to Bloomberg terminal and rating agency frameworks (MSCI, S&P, Sustainalytics).

About UsPrivacy PolicyTerms of ServiceDisclaimerStock DirectoryETFsIndices13F HoldingsAnalyst TargetsFree ToolsTechnology MapJoin our Slack

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer

Roma Green Finance Limited Ordinary Shares

Supply Chain of ROMA

Upstream

Bloomberg L.P.

MSCI Inc.

S&P Global Inc.

Sustainalytics (Morningstar Inc.)

H.C. Wainwright & Co., LLC

Amazon Web Services (AWS)

Downstream

Hong Kong-listed private companies (90+ clients)

Singapore-based private companies and NGOs

Non-governmental organizations (NGOs)

BlueFlare Group Holdings Inc. (BlueFlare Energy Solutions)

NXTGrid Compute Power

Proxies

ERM Group (Environmental Resources Management)

ERM Sustainability Institute

Roma (meta) Group Limited

Geographic

Hong Kong

Singapore

Canada (Alberta)

View More

Supply Chain of ROMA

Upstream

Bloomberg L.P.

MSCI Inc.

S&P Global Inc.

Sustainalytics (Morningstar Inc.)

H.C. Wainwright & Co., LLC

Amazon Web Services (AWS)

Downstream

Hong Kong-listed private companies (90+ clients)

Singapore-based private companies and NGOs

Non-governmental organizations (NGOs)

BlueFlare Group Holdings Inc. (BlueFlare Energy Solutions)

NXTGrid Compute Power

Proxies

ERM Group (Environmental Resources Management)

ERM Sustainability Institute

Roma (meta) Group Limited

Geographic

Hong Kong

Singapore

Canada (Alberta)

View More