香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 eBROKER GROUP LIMITED 電子交易集團有限公司 承董事會命 電子交易集團有限公司 主席 陳立德 香港，二零二五年八月十九日 截至本公告日期，執行董事為陳立德先生、盧志豪先生及陳嘉恩女士，及獨立非執行董事為 陳智光先生、廖健昇先生及歐陽寶豐先生。 本公告乃根據聯交所GEM證券上市規則而提供有關本公司的資料，董事願就本公告所載資料共同及 個別承擔全部責任。董事在作出一切合理查詢後，確認就其所知及所信，本公告所載資料在所有重 大方面均屬準確完整，沒有誤導或欺詐成分，且並無遺漏任何其他事項，致使本公告所載任何陳述 或本公告產生誤導。 本公告將自其刊發日期起計最少一連七日登載於聯交所GEM網站www.hkgem.com 內「最新公司公告」 網頁及本公司之網站www.ebrokersystems.com。 （於開曼群島註冊成立的有限公司） （股份代號：8036） 董事會會議通告 電子交 ...

Core Viewpoint - The electronic trading group (08036) anticipates a profit of approximately HKD 1.5 million for the six months ending June 30, 2025, compared to a total comprehensive loss of about HKD 1.4 million in the same period last year, indicating a turnaround to profitability driven by increased fair value gains on financial assets and reduced employee costs [1] Financial Performance - The company expects to achieve a total comprehensive income of around HKD 1.5 million for the upcoming six-month period [1] - In the previous year, the company reported a total comprehensive loss of approximately HKD 1.4 million [1] Factors Influencing Performance - The turnaround to profitability is primarily attributed to an increase in fair value gains on financial assets [1] - Additionally, a reduction in employee costs has contributed to the improved financial outlook [1]

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 eBROKER GROUP LIMITED 電子交易集團有限公司 股東及本公司有意投資者於買賣本公司股份時務請審慎行事。 承董事會命 電子交易集團有限公司 主席 陳立德 （於開曼群島註冊成立的有限公司） （股份代號：8036） 盈利預告 本公告由電子交易集團有限公司（「本公司」，連同其附屬公司統稱為「本集團」）根據聯交所GEM證券 上市規則（「GEM上市規則」）第17.10條及香港法例第571章證券及期貨條例第XIVA部下的內幕消息條 文（定義見GEM上市規則）而作出。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及有意投資者，根據對本集團之最新未經審核 綜合管理賬目及目前可得的資料之初步評估，預期本集團於截至二零二五年六月三十日止六個月錄 得本公司擁有人應佔全面收益總額約1,500,000港元，而截至二零二四年六月三十日止六個月則為全 面開支總額約1,400,000港元。董事會 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 電子交易集團有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08036 | 說明 | | | | | | | | | 多櫃檯證券代號 | | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.001 | HKD | | 5,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.001 ...

Financial Performance - The company recorded revenue of approximately HKD 31.2 million for the year ended December 31, 2024, a decrease of about 17.1% compared to HKD 37.6 million for the year ended December 31, 2023[10]. - The loss attributable to owners of the company was approximately HKD 2.7 million for the year ended December 31, 2024, a decrease of about 241.5% from a profit of approximately HKD 1.9 million for the year ended December 31, 2023[10]. - Revenue from front office trading solutions decreased by approximately 10.8% to HKD 15.5 million, down from HKD 17.3 million in the previous year[14]. - Revenue from installation and customization services decreased by approximately 30.0% to HKD 3.2 million, down from HKD 4.6 million in the previous year[14]. - Revenue from cloud management services decreased by approximately 33.5% to HKD 1.9 million, down from HKD 2.8 million in the previous year[14]. - Other service revenue decreased by approximately 45.6% to HKD 1.3 million, down from HKD 2.4 million in the previous year[14]. - The company reported a basic loss per share of HKD 0.24 for 2024, compared to earnings per share of HKD 0.17 in 2023[146]. - Total comprehensive loss for the year was HKD 2,468,000, compared to a comprehensive income of HKD 1,415,000 in 2023[146]. - The company experienced a pre-tax loss of (HKD 2,948,000) in 2024, compared to a profit of HKD 1,945,000 in 2023, reflecting a negative swing of approximately 252%[150]. Operational Efficiency - Employee costs for the year ended December 31, 2024, were approximately HKD 21.6 million, a decrease of about 7.0% from HKD 23.2 million in the previous year[18]. - Depreciation expenses for the year ended December 31, 2024, decreased to approximately HKD 2.3 million, a reduction of about 2.6% compared to HKD 2.4 million for the year ended December 31, 2023[19]. - Other operating expenses for the year ended December 31, 2024, were approximately HKD 11.1 million, an increase of about 12.3% from HKD 9.8 million for the year ended December 31, 2023[20]. - The company reported an operating cash flow of (HKD 8,009,000), a significant decrease from HKD 5,529,000 in 2023, indicating a decline of approximately 244%[150]. - The company incurred a loss of (HKD 763,000) from impairment of intangible assets in 2024, which was not present in 2023, marking a new financial challenge[150]. Strategic Initiatives - The company aims to leverage its proprietary eBrAIny AI technology to enhance investment strategies across multiple markets, including stocks, futures, commodities, forex, and cryptocurrencies[10]. - The company plans to continue exploring commercial applications of AI technology to optimize daily operations and improve efficiency[10]. - The company plans to continue focusing on new product development and market expansion strategies moving forward[149]. Corporate Governance - The board of directors consists of six members, including three executive directors and three independent non-executive directors, ensuring a balanced governance structure[97]. - The company has adopted corporate governance practices in line with GEM listing rules, enhancing shareholder protection and business transparency[96]. - The independent non-executive directors bring extensive experience in property development, financing, and financial matters, enhancing corporate governance[39]. - The company has established effective mechanisms to ensure the board's independence, including holding annual general meetings without the presence of other directors[101]. - The audit committee held four meetings during the year ending December 31, 2024, to review interim, quarterly, and annual financial performance and reports[105]. Financial Position - As of December 31, 2024, the group recorded net current assets of approximately HKD 37.4 million, down from HKD 41.0 million as of December 31, 2023[23]. - Non-current assets decreased from HKD 24,925,000 in 2023 to HKD 21,772,000 in 2024[147]. - Current assets slightly decreased from HKD 44,883,000 in 2023 to HKD 44,039,000 in 2024[147]. - Current liabilities increased from HKD 3,925,000 in 2023 to HKD 6,591,000 in 2024[147]. - Net asset value decreased from HKD 62,568,000 in 2023 to HKD 60,380,000 in 2024[147]. Shareholder Information - The company reported a reserve available for distribution to shareholders of approximately HKD 55,639,000 as of December 31, 2024, compared to HKD 54,952,000 in 2023[55]. - The board has not recommended the declaration of a final dividend for the year ending December 31, 2024, consistent with the previous year[46]. - The company has adopted a general dividend policy since March 25, 2019, allowing for the declaration and distribution of dividends at the board's discretion[46]. Risk Management - The risk management process involves identifying, assessing, responding to, monitoring, and reporting risks, with the board prioritizing identified risks for mitigation[119]. - The company has established a risk management and internal control system to protect assets and shareholder interests, with annual reviews conducted[118]. - The board and audit committee believe that the risk management and internal control systems are sufficient and effective, covering all significant controls including financial, operational, and compliance controls[122]. Employee Relations - The company is committed to providing training and development opportunities for employees to enhance their skills and job satisfaction[92]. - The company maintains good relationships with employees, customers, and suppliers, emphasizing the importance of a sustainable supply chain for operational success[92]. - The gender ratio among employees is approximately 0.40, reflecting the company's commitment to gender diversity and equality[108]. Compliance and Legal Matters - The company has complied with all applicable laws and regulations, including GEM listing rules and the Companies Ordinance, ensuring legal compliance[89]. - There were no related party transactions that constituted connected transactions under GEM listing rules for the year ending December 31, 2024[82]. - The independent auditor has remained unchanged over the past three years, indicating consistency in financial oversight[93].

Financial Performance - The company recorded revenue of approximately HKD 31.2 million for the year ended December 31, 2024, a decrease of about 17.1% compared to HKD 37.6 million for the year ended December 31, 2023[14]. - The loss attributable to owners of the company for the year ended December 31, 2024, was approximately HKD 2.7 million, a decrease of about 241.5% from a profit of HKD 1.9 million for the year ended December 31, 2023[16]. - The group's revenue for the year ended December 31, 2024, was approximately HKD 31.2 million, a decrease of about 17.1% from HKD 37.6 million in the previous year, primarily due to a significant decline in revenue from front-end trading solutions[18]. - Revenue from front-end trading solutions decreased by approximately 10.8% to HKD 15.5 million, down from HKD 17.3 million, attributed to adverse business and economic conditions[18]. - Revenue from installation and customization services fell by approximately 30.0% to HKD 3.2 million, down from HKD 4.6 million, mainly due to reduced demand for customization services[18]. - The group reported a pre-tax loss of approximately HKD 2.9 million for the year ended December 31, 2024, a decrease of about 251.6% compared to a pre-tax profit of HKD 1.9 million in the previous year, driven by a revenue decline of approximately HKD 6.4 million[20]. - The company reported a total revenue of approximately HKD 55,639,000 as of December 31, 2024, compared to HKD 54,952,000 in 2023, indicating a year-on-year increase of about 1.25%[65]. - The company reported a total revenue for the year ended December 31, 2024, of HKD 31,190,000, a decrease of 17.5% compared to HKD 37,632,000 in 2023[167]. - Operating loss for the year was HKD 2,701,000, compared to an operating profit of HKD 2,029,000 in the previous year[167]. - The company reported a loss attributable to owners of the company of HKD 2,715,000, compared to a profit of HKD 1,919,000 in 2023[167]. Employee and Operational Costs - Employee costs for the year ended December 31, 2024, were approximately HKD 21.6 million, a decrease of about 7.0% from HKD 23.2 million in the previous year, mainly due to an increase in capitalized amounts[22]. - Other operating expenses increased by approximately 12.3% to HKD 11.1 million, up from HKD 9.8 million in the previous year[25]. - As of December 31, 2024, the group had 53 full-time employees, with total employee benefits expenses amounting to approximately HKD 21.6 million, a decrease from HKD 23.2 million in 2023[39]. - The total employee benefits expenses reflect a strategic approach to maintaining a competitive workforce while managing costs[39]. - Employee costs decreased to HKD 21,555,000 from HKD 23,181,000, reflecting a reduction of 7.0%[167]. Corporate Governance and Management - The board consists of six members, including three executive directors and three independent non-executive directors, ensuring a balanced governance structure[111]. - The company has adopted the corporate governance code as per GEM listing rules, ensuring compliance and transparency in its operations[110]. - The board is responsible for overall development, strategic planning, and monitoring business performance, with regular meetings to review significant acquisitions and financial results[112]. - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee, to enhance governance efficiency[119]. - The chairman and CEO roles are held by different individuals, aligning with corporate governance best practices[118]. - The company has established compliance procedures to ensure adherence to applicable laws and regulations, particularly those significantly impacting the group[103]. - The company has implemented a continuous professional development program for directors, focusing on their roles and responsibilities[117]. - The company has established a governance framework that includes regular meetings and training for directors and senior management[128]. Risk Management - The group faced various financial risks, including credit risk, liquidity risk, and interest rate risk, which could significantly impact its business and financial condition[29]. - The company has established a risk management and internal control system, which includes identifying, assessing, and mitigating risks to protect assets and shareholder interests[135]. - An independent external professional has been appointed to conduct an annual review and assessment of the risk management and internal control systems for the year ending December 31, 2024[139]. - The board and audit committee have reviewed the internal control assessment report and believe the risk management and internal control systems are sufficient and effective[140]. Shareholder Information - The company has not declared any final dividends for the year ending December 31, 2024, consistent with the previous year where no dividends were declared[56]. - The company’s reserves available for distribution to shareholders as of December 31, 2024, were approximately HKD 55,639,000, showing a slight increase from the previous year's reserves[65]. - Shareholders have the right to request a special general meeting if they hold at least 10% of the company's paid-up capital[144]. - The board will regularly review the company's dividend policy, considering various factors including operational cash flow and market conditions[56]. Technology and Innovation - The company is focusing on the development of artificial intelligence (AI) technology, specifically its proprietary eBrAIny AI technology, to enhance market timing for liquid assets across various markets[14]. - The integration of AI solutions with internal servers aims to optimize daily operations and improve efficiency[14]. - The company plans to continue exploring commercial applications of AI technology to drive future growth[17]. - The company aims to capture future opportunities for sustainable growth and long-term shareholder benefits through technological and innovative advancements[17]. Financial Position - The group recorded a net current asset value of approximately HKD 37.4 million as of December 31, 2024, down from HKD 41.0 million in the previous year[28]. - The group had no significant capital commitments or contingent liabilities as of December 31, 2024[34]. - The group incurred intangible asset capitalization of approximately HKD 3.3 million for the year ended December 31, 2024, compared to HKD 1.1 million in 2023[39]. - The company is committed to evaluating its ability to continue as a going concern, with disclosures related to this assessment included in the financial statements[165]. - The total liabilities increased from HKD 3,925,000 to HKD 6,591,000, reflecting an increase of about 68.0%[169]. - The net asset value decreased from HKD 62,568,000 to HKD 60,380,000, a decline of approximately 3.5%[169]. Compliance and Transparency - The company is committed to maintaining high transparency with investors through various communication channels, including quarterly, interim, and annual reports[150]. - The independent auditor's report confirmed that the consolidated financial statements reflect the group's financial position accurately as of December 31, 2024[153]. - The company has established a platform for public access to financial information and other relevant data on its website[148]. - The board believes that the shareholder communication policy has been effectively implemented during the relevant period[148]. Share Options and Incentives - The stock option plan allows for the issuance of up to 123,000,000 shares, which is 10% of the company's issued shares as of the report date[85]. - The maximum number of stock options that can be granted to any participant in a 12-month period is limited to 1% of the company's issued shares[85]. - The stock incentive plan allows for the acquisition of shares through market purchases or subscription of new shares[88]. - A total of 5,040,000 incentive shares were granted to 13 selected individuals on May 13, 2024, with 2,520,000 shares vesting on December 31, 2024, and the remaining 2,520,000 shares vesting on December 31, 2025[89]. - The company has not granted any stock options since the adoption of the plan[86]. Market and Economic Conditions - The macroeconomic environment is expected to remain uncertain due to ongoing geopolitical developments and rapid technological innovations[17].

Financial Performance - For the six months ended June 30, 2024, the company reported total revenue of HKD 15,904,000, a decrease of 17.9% compared to HKD 19,238,000 for the same period in 2023[7]. - The company incurred a loss attributable to owners of HKD 1,350,000 for the period, compared to a profit of HKD 1,593,000 in the previous year, indicating a significant decline in performance[7]. - The basic loss per share for the period was HKD 0.12, compared to earnings of HKD 0.14 per share in the same period last year[7]. - Operating loss for the period was HKD 1,269,000, contrasting with an operating profit of HKD 1,773,000 in the prior year[7]. - The company reported other comprehensive expenses of HKD 21,000 for the period, compared to HKD 431,000 in the previous year, reflecting a reduction in overall losses[7]. - Total revenue for the six months ended June 30, 2024, was HKD 15,904 million, down 17.9% from HKD 19,238 million in the same period of 2023[18]. - Revenue from services transferred over time amounted to HKD 8,027,000, while revenue from front-end trading solutions was HKD 4,726,000, and back-end settlement solutions was HKD 1,323,000[19]. - Revenue recognized from service provision for the six months ended June 30, 2024, was HKD 929 million, down from HKD 1,388 million for the same period in 2023, indicating a decline of approximately 33%[33]. - The company reported a loss attributable to owners of approximately HKD 1.4 million for the six months ended June 30, 2024, a decrease of about 184.7% compared to a profit of approximately HKD 1.6 million for the same period in 2023[64]. - Revenue from installation and customization services decreased significantly by approximately 47.7%, from about HKD 2.5 million to approximately HKD 1.3 million[55]. Cash Flow and Assets - Cash and cash equivalents rose to HKD 30,414 million from HKD 23,600 million, marking an increase of 28.9% year-over-year[12]. - Operating cash flow showed a net outflow of HKD 255 million for the six months ended June 30, 2024, compared to a net inflow of HKD 2,631 million in the same period of 2023[12]. - The company reported a net increase in cash and cash equivalents of HKD 1,897 million for the six months ended June 30, 2024, compared to HKD 964 million in the previous year[12]. - The total accounts receivable as of June 30, 2024, was HKD 2,701 million, an increase from HKD 2,433 million as of December 31, 2023, representing a growth of about 11%[38]. - The group's current assets reached approximately HKD 43.4 million as of June 30, 2024, down from HKD 44.9 million as of December 31, 2023, with cash and bank balances increasing to approximately HKD 30.4 million from HKD 23.6 million[65]. - The total amount of prepayments, deposits, and other receivables was HKD 3,451 million as of June 30, 2024, compared to HKD 3,495 million as of December 31, 2023[39]. - The group maintained strict control over overdue receivables, with the board regularly reviewing overdue balances[36]. Liabilities and Equity - Total liabilities increased to HKD 2,543 million in non-current liabilities, significantly up from HKD 162 million in the previous year[9]. - The company's total equity decreased to HKD 61,256 million as of June 30, 2024, down from HKD 62,568 million at the end of 2023[9]. - The group's total liabilities to total assets ratio increased to approximately 9.3% as of June 30, 2024, compared to about 6.13% as of December 31, 2023[41]. - The aging analysis of accounts payable showed that amounts overdue for more than 90 days decreased from HKD 42 million as of December 31, 2023, to HKD 2 million as of June 30, 2024[40]. - The impairment loss on accounts receivable was HKD 518 million as of June 30, 2024, slightly down from HKD 525 million as of December 31, 2023[35]. Operational Strategies and Future Outlook - The company plans to enhance its market presence and explore new strategies to recover from the current financial downturn[7]. - The company is focusing on improving operational efficiency and reducing costs in response to the declining revenue[7]. - Future outlook includes potential product innovations and technology advancements to drive growth[7]. - The company is assessing opportunities for market expansion and possible acquisitions to strengthen its competitive position[7]. Corporate Governance and Compliance - The company has adopted and complied with the corporate governance code as per GEM Listing Rules Appendix C1[96]. - The company has adopted the GEM Listing Rules regarding the trading conduct of directors and confirmed compliance with these standards for the six months ending June 30, 2024[97]. - The audit committee, including all independent non-executive directors, reviewed the unaudited financial performance for the six months ending June 30, 2024, and confirmed compliance with applicable accounting standards and GEM Listing Rules[99]. - The board of directors does not recommend the payment of dividends for the six months ending June 30, 2024, consistent with the previous year where no dividends were paid[100]. Shareholder Information - Quantsmile (BVI) Limited holds 411,902,870 shares, representing approximately 33.49% of the issued shares[86]. - 如鷹企業顧問有限公司 owns 706,816,910 shares, accounting for approximately 57.46% of the issued shares[86]. - Financial Data Technologies Limited and Mr. 聂凡淇 each hold 130,000,000 shares, which is about 10.57% of the issued shares[86]. - 交通銀行信託有限公司 acts as a trustee holding 85,140,000 shares, equivalent to 6.92% of the issued shares[86]. - As of June 30, 2024, the total number of share options available under the share option scheme is limited to 80,100,000 shares, representing approximately 6.51% of the issued share capital[90][92]. - The company granted a total of 5,040,000 reward shares to 13 selected individuals on May 13, 2024, with vesting conditions set for December 31, 2024, and December 31, 2025[92]. - The fair value of the reward shares granted on May 13, 2024, was determined to be HKD 0.08 per share[92]. Risk Management - The group is exposed to various financial risks, including credit risk, liquidity risk, and interest rate risk, but management expects no significant credit risk due to deposits in recognized banks[66][76][78]. - The group continues to monitor foreign exchange risks, although it currently has no foreign currency hedging policy in place[74].

Financial Performance - The company recorded revenue of approximately HKD 37.6 million for the year ended December 31, 2023, a decrease of about 2.5% compared to HKD 38.6 million for the previous year[8]. - Profit attributable to owners of the company decreased by approximately 2.7% to HKD 1.9 million for the year ended December 31, 2023, down from HKD 2.0 million in the previous year[10]. - Revenue from front office trading solutions decreased by approximately 6.3% to HKD 17.3 million, primarily due to adverse business and economic conditions[12]. - Revenue from installation and customization services increased by approximately 9.2% to HKD 4.6 million, driven by increased demand for customization services[12]. - Management cloud service revenue decreased by approximately 10.5% to HKD 2.8 million, while other service revenue increased by approximately 13.2% to HKD 2.4 million due to increased product sales[12]. - The company reported a total revenue of approximately HKD 54,952,000 as of December 31, 2023, a slight decrease from HKD 55,585,000 in 2022[59]. - Total revenue for the year ended December 31, 2023, was HKD 37,632,000, a decrease of 2.5% from HKD 38,584,000 in 2022[160]. - Operating profit for the year was HKD 2,029,000, down from HKD 2,084,000 in the previous year, reflecting a decline of 2.6%[160]. - Profit attributable to owners of the company for the year was HKD 1,919,000, compared to HKD 1,972,000 in 2022, representing a decrease of 2.7%[160]. - Total comprehensive income for the year was HKD 1,415,000, significantly up from HKD 382,000 in the previous year, marking an increase of 270.4%[160]. Expenses and Costs - The company reported a decrease in pre-tax profit to approximately HKD 1.9 million, down from HKD 2.0 million in the previous year, primarily due to increased intangible asset amortization and consulting fees[15]. - Employee costs for the year ended December 31, 2023, were approximately HKD 23.2 million, a decrease of about 2.1% from HKD 23.7 million for the year ended December 31, 2022, primarily due to a reduction in share-based payments of approximately HKD 0.9 million[17]. - Depreciation expenses for the year ended December 31, 2023, decreased to approximately HKD 2.4 million, down about 3.4% from HKD 2.5 million for the year ended December 31, 2022, mainly due to a reduction in property, plant, and equipment depreciation of approximately HKD 0.2 million[18]. - Other operating expenses for the year ended December 31, 2023, were approximately HKD 9.8 million, an increase of about 7.0% from HKD 9.2 million for the year ended December 31, 2022[19]. - The income tax expense for the year ended December 31, 2023, was approximately HKD 26,000, an increase of about HKD 29,000 compared to a tax credit of approximately HKD 3,000 for the year ended December 31, 2022[20]. Assets and Liabilities - As of December 31, 2023, the group recorded net current assets of approximately HKD 41.0 million, an increase from HKD 37.2 million as of December 31, 2022[23]. - The group had no interest-bearing or non-interest-bearing borrowings as of December 31, 2023, and had no bank financing or undrawn unsecured bank financing of approximately HKD 0 as of December 31, 2022[23]. - The group did not make any significant investments or acquisitions during the year ended December 31, 2023, or the year ended December 31, 2022[27]. - As of December 31, 2023, the group had no significant capital commitments or contingent liabilities[28]. - The company’s total equity increased to HKD 62,568,000 from HKD 61,028,000, reflecting a growth of 2.5%[162]. - Current assets net value increased to HKD 40,958,000 from HKD 37,173,000, reflecting a growth of 7.5%[162]. - Non-current assets decreased to HKD 21,772,000 from HKD 24,501,000, a decline of 11.1%[162]. Corporate Governance and Leadership - The company has a strong leadership team with extensive experience in finance, technology, and legal sectors, enhancing its strategic capabilities[39][40][42][44]. - The board of directors is committed to maintaining high standards of corporate governance and transparency in its operations[40]. - The independent non-executive directors bring over 30 years of experience in accounting, auditing, and finance, ensuring robust governance[40][42]. - The company has established a comprehensive risk management framework to support its trading operations and investment strategies[38]. - The board consists of five members, including two executive directors and three independent non-executive directors, with no significant relationships among them[106]. - The company has appointed a compliance advisor to ensure adherence to applicable laws and GEM Listing Rules[96]. - The company has established compliance procedures to monitor and ensure adherence to relevant laws and regulations[98]. - The company has adopted corporate governance practices in line with GEM Listing Rules and believes it has complied with all applicable code provisions during the reporting period[105]. Shareholder Information - The company did not declare a final dividend for the year ending December 31, 2023, consistent with the previous year[50]. - The company has a general dividend policy allowing for the declaration and distribution of dividends at the discretion of the board, with no preset payout ratio[50]. - The company’s reserves available for distribution to shareholders were approximately HKD 54,952,000 as of December 31, 2023[59]. - The company has not engaged in any purchases, sales, or redemption of its securities during the fiscal year ending December 31, 2023[56]. - The company has adopted a share option scheme allowing for the issuance of up to 123,000,000 ordinary shares, equivalent to 10% of the issued shares as of the report date[78]. Risk Management - The group has established a risk management and internal control system to safeguard assets and shareholder interests, with annual reviews conducted[129]. - The group has implemented a risk management process that involves identifying, assessing, responding to, monitoring, and reporting risks, ensuring that major risks are managed within acceptable limits[130]. - An independent external professional has been appointed to conduct an annual review and assessment of the group's risk management and internal control systems, covering financial reporting and disclosure controls[133]. - The board and audit committee have reviewed the internal control assessment report and confirmed the effectiveness of the group's risk management and internal control systems[134]. Future Outlook - The company plans to continue leveraging technology and innovation to address ongoing macroeconomic challenges and seek future growth opportunities[11]. - The economic outlook for 2024 remains bleak due to ongoing geopolitical tensions and economic challenges[11]. - The company is exploring partnerships with local players in other markets for the application of its technology[8]. - The company plans to continue evaluating the impact of new accounting standards that will be effective in 2024, which may affect future financial reporting[173].

Financial Performance - For the year ended December 31, 2023, the company recorded revenue of approximately HKD 37.6 million, a decrease of about 2.5% compared to HKD 38.6 million for the year ended December 31, 2022[14]. - The profit attributable to owners of the company for the year ended December 31, 2023, was approximately HKD 1.9 million, down approximately 2.7% from HKD 2.0 million for the previous year[16]. - The group's revenue for the year ended December 31, 2023, was approximately HKD 37.6 million, a decrease of about 2.5% from HKD 38.6 million in the previous year, primarily due to a significant decline in revenue from front-end trading solutions[18]. - Revenue from front-end trading solutions decreased from approximately HKD 18.5 million to about HKD 17.3 million, a decline of approximately 6.3% attributed to adverse business and economic conditions[18]. - Revenue from installation and customization services increased by approximately 9.2% to about HKD 4.6 million, driven by increased demand for customization services[18]. - The group's profit before tax for the year ended December 31, 2023, was approximately HKD 1.9 million, a decrease of about 1.2% from HKD 2.0 million in the previous year, mainly due to increased intangible asset amortization and consulting fees[21]. - Total revenue for the year ended December 31, 2023, was HKD 37,632,000, a decrease of 2.5% from HKD 38,584,000 in 2022[166]. - Operating profit for the year was HKD 2,029,000, down 2.6% from HKD 2,084,000 in the previous year[166]. - Profit attributable to owners of the company for the year was HKD 1,919,000, a decrease of 2.7% compared to HKD 1,972,000 in 2022[166]. - Total comprehensive income for the year was HKD 1,415,000, significantly up from HKD 382,000 in the previous year[166]. Economic Outlook - The economic outlook for 2024 is bleak, with ongoing macroeconomic challenges and geopolitical tensions expected to impact Hong Kong's economy[17]. - The company aims to leverage technological and innovative advancements to address challenges and capture future opportunities for sustainable growth[17]. Research and Development - The company’s R&D investment in 2023 yielded returns, with the eBrAIny AI market timing investment technology applicable to global liquid financial assets, including stocks, commodities, and foreign currencies[14]. - The company continues to rely on a business model emphasizing recurring revenue and cost control measures to maintain profitability amid a challenging business environment[14]. - The group faces risks related to R&D not keeping pace with technological advancements and potential difficulties in recovering receivables, which could adversely affect its business and financial condition[30]. Employee and Compensation - Employee costs for the year ended December 31, 2023, were approximately HKD 23.2 million, a decrease of about 2.1% from HKD 23.7 million in the previous year, primarily due to a reduction in share-based payments[23]. - As of December 31, 2023, the group had 50 full-time employees, with total employee benefits expenses amounting to approximately HKD 23.2 million, a decrease from HKD 23.8 million in 2022[40]. - The group has maintained a competitive compensation and benefits policy, regularly reviewing it to align with local market conditions[40]. - The remuneration of directors and senior management is determined based on market conditions and the company's performance[73]. - The remuneration committee has reviewed the compensation policies for directors and senior management during the reporting period[128]. Corporate Governance - The group has not experienced any changes in auditors over the past three years, with the current auditor being KPMG since June 21, 2021[42]. - The group’s independent non-executive directors bring extensive experience in finance, accounting, and law, enhancing the governance structure[46][48][49]. - The board consists of five members, including two executive directors and three independent non-executive directors[112]. - The company has adopted corporate governance practices in line with GEM Listing Rules and has complied with all applicable code provisions during the fiscal year ending December 31, 2023[111]. - The audit committee held four meetings during the year to review interim, quarterly, and annual financial performance and reports[123]. - The company has established three board committees: audit committee, remuneration committee, and nomination committee, to assist the board in fulfilling its responsibilities[120]. Financial Position - The group's net current assets as of December 31, 2023, were approximately HKD 41.0 million, an increase from HKD 37.2 million in the previous year[29]. - The group had no interest-bearing or non-interest-bearing borrowings as of December 31, 2023, and had no bank financing or unused unsecured bank financing[29]. - The group reported a decrease in total liabilities from HKD 7,740,000 in 2022 to HKD 4,087,000 in 2023, a reduction of 47.3%[168]. - The company’s total equity increased to HKD 62,568,000 from HKD 61,028,000, reflecting a growth of 2.5%[168]. Shareholder Information - The group’s available reserves for distribution to shareholders as of December 31, 2023, were approximately HKD 54,952,000, a slight decrease from HKD 55,585,000 in 2022[65]. - The group has not set a predetermined dividend payout ratio, allowing the board to decide on dividend distributions based on various factors[56]. - The company reported a profit for the year ending December 31, 2023, with no final dividend proposed, consistent with the previous year[56]. Risk Management - The company has established a risk management and internal control system to safeguard assets and shareholder interests, with annual reviews conducted[135]. - The group has established a risk management process that involves identifying, assessing, responding to, monitoring, and reporting risks, ensuring that major risks are managed within acceptable limits[136]. - An independent external professional has been appointed to conduct an annual review and assessment of the group's risk management and internal control systems, covering financial reporting and disclosure controls[139]. Share Incentive Plans - The company has adopted a share option plan allowing for the issuance of up to 123,000,000 ordinary shares, representing 10% of the issued shares as of the report date[84]. - The maximum number of share options that can be granted to any participant in a 12-month period is limited to 1% of the company's issued shares[84]. - The company has established a long-term incentive plan that includes share option and share award schemes[72]. - The share incentive plan is valid for a period of 10 years from the adoption date, subject to early termination by the board[88]. Financial Reporting - The consolidated financial statements reflect the group's financial position as of December 31, 2023, with total receivables amounting to approximately HKD 2,433,000, representing about 3.89% of the group's net assets[156]. - The assessment of expected credit losses for receivables involves significant management judgment, particularly in evaluating the recoverability based on credit risk characteristics and historical loss rates[158]. - The audit identified the recoverability of receivables as a key audit matter due to the significant judgments and assumptions involved in determining the expected credit losses and the carrying value of receivables[158].

Revenue Performance - The group reported revenue of HKD 9,736,000 for the three months ended September 30, 2023, representing a 10.4% increase compared to HKD 8,820,000 in the same period of 2022[5]. - For the nine months ended September 30, 2023, the group achieved revenue of HKD 28,974,000, up 6.6% from HKD 27,193,000 in the prior year[5]. - Total revenue for the nine months ended September 30, 2023, was HKD 28,974,000, an increase of 6.6% compared to HKD 27,193,000 for the same period in 2022[13]. - Revenue from installation and customization services increased significantly by approximately 160.1%, from about HKD 1.5 million to approximately HKD 3.8 million for the nine months ended September 30, 2023[34]. - Revenue from frontend trading services decreased by approximately 5.8%, from about HKD 13.9 million to approximately HKD 13.1 million for the nine months ended September 30, 2023[34]. - Revenue from cloud management services decreased by approximately 10.7%, from about HKD 2.39 million to approximately HKD 2.1 million for the nine months ended September 30, 2023[34]. - Revenue from backend settlement services increased by approximately 0.5%, from about HKD 7.8 million to approximately HKD 7.9 million for the nine months ended September 30, 2023[34]. - Front-end trading solution service revenue for the three months ended September 30, 2023, was HKD 4,338,000, a decrease of 5.0% from HKD 4,568,000 in the same period of 2022[13]. - Revenue from the Hong Kong market for the nine months ended September 30, 2023, was HKD 25,895,000, a decrease of 1.6% from HKD 26,316,000 in the same period of 2022[15]. Profit and Loss - The group recorded a net loss attributable to owners of HKD 199,000 for the three months ended September 30, 2023, compared to a loss of HKD 320,000 in the same period of 2022[5]. - The operating profit for the nine months ended September 30, 2023, was HKD 1,453,000, an increase of 43.5% from HKD 1,012,000 in the previous year[5]. - The profit attributable to the company's owners for the nine months ended September 30, 2023, was approximately HKD 1.4 million, representing an increase of about 51.2% from approximately HKD 0.9 million for the same period in 2022[31]. - The group's pre-tax profit for the nine months ended September 30, 2023, was approximately HKD 1.4 million, an increase of about 51.0% compared to approximately HKD 0.9 million for the same period in 2022[36]. - The company reported a loss of HKD 1,115,000 from financial assets at fair value through profit or loss for the nine months ended September 30, 2023, compared to a loss of HKD 2,639,000 in the same period of 2022[17]. - The group’s total comprehensive loss for the three months ended September 30, 2023, was HKD 330,000, compared to a loss of HKD 2,417,000 in the same period of 2022[5]. Operating Expenses - The group incurred total operating expenses of HKD 17,621,000 for the nine months ended September 30, 2023, slightly up from HKD 17,168,000 in the same period of 2022[5]. - Total operating expenses for the nine months ended September 30, 2023, were HKD 7,509,000, an increase of 39.5% from HKD 5,377,000 in the same period of 2022[18]. - Other operating expenses for the nine months ended September 30, 2023, were approximately HKD 7.5 million, an increase of about 39.7% compared to approximately HKD 5.4 million for the same period in 2022, primarily due to an increase in foreign exchange losses of about HKD 1.0 million[41]. - Employee costs increased by approximately HKD 0.5 million for the nine months ended September 30, 2023, compared to HKD 17.2 million for the same period in 2022[39]. Other Income and Financing Costs - The group reported a decrease in other income to HKD 385,000 for the three months ended September 30, 2023, down from HKD 539,000 in the same period of 2022[5]. - Other income for the nine months ended September 30, 2023, totaled HKD 833,000, a decrease of 6.9% compared to HKD 895,000 for the same period in 2022[17]. - The group’s other income for the nine months ended September 30, 2023, was approximately HKD 895,000, compared to approximately HKD 833,000 for the same period in 2022, mainly due to an increase in interest income[37]. - The group’s financing costs decreased to HKD 17,000 for the three months ended September 30, 2023, compared to HKD 27,000 in the same period of 2022[5]. Tax and Compliance - The company has not recognized any tax provision for the nine months ended September 30, 2023, due to no taxable profits being generated during the period[22]. - Income tax expense for the nine months ended September 30, 2023, was zero, a decrease from approximately HKD 1,000 for the same period in 2022, due to the carryforward of tax losses from 2022[42]. - The company has complied with the corporate governance code as per GEM Listing Rules during the nine months ended September 30, 2023[61]. - The audit committee has reviewed the unaudited consolidated financial results for the nine months ended September 30, 2023, and confirmed compliance with applicable accounting standards and GEM listing rules[66]. Share and Incentive Plans - The company has not granted any share options under the share option scheme adopted on January 22, 2019, and the total number of share options available for grant as of September 30, 2023, was 123,000,000[53]. - As of September 30, 2023, the trustee held 88,280,000 shares under the share incentive plan, representing approximately 7.18% of the company's issued share capital[56]. - A total of 9,280,000 incentive shares were granted to 45 selected individuals on January 20, 2022, with 980,000 shares vesting immediately and the remainder vesting on December 31, 2022, and December 31, 2023[56]. - The maximum number of shares that can be granted to any individual under the share incentive plan is capped at 1% of the company's issued share capital[55]. - No shares were purchased by the trustee on the stock exchange during the nine months ended September 30, 2023[58]. - No incentive shares were granted beyond individual limits, nor were any shares granted to related entities or suppliers[59]. Future Outlook - The group plans to continue focusing on market expansion and new product development to drive future growth[5]. - The company is currently assessing the impact of new and revised Hong Kong Financial Reporting Standards that will take effect from January 1, 2023[12]. - The company has not engaged in any business that competes directly or indirectly with its operations as of September 30, 2023[60].