Financial Performance - For the fiscal year ending December 31, 2024, the group's revenue was approximately €29.5 million, slightly down from €29.7 million in the previous year[15]. - The gross profit margin improved from approximately 31.7% for the year ending December 31, 2023, to about 36.4% for the year ending December 31, 2024[16]. - The company successfully recovered from losses in the first half of 2024 and achieved profitability for the full year[10]. - A significant acquisition in early 2024 contributed to improved profit margins despite a slight decline in overall revenue[10]. - The company reported a decrease in sales of home phones and elderly care products, offset by growth in office phones and new product sales[15]. - The company recorded a profit of approximately €15,000 for the year ended December 31, 2024, compared to a profit of approximately €105,000 for the year ended December 31, 2023[37]. - The company expects revenue growth in 2025 through favorable product mix, expanded sales channels, and optimized operational efficiency[33]. - The company has a strong order book and is optimistic about future opportunities despite ongoing economic and political uncertainties[33]. Revenue Breakdown - The revenue breakdown by product category for 2024 shows that home phones accounted for €18.8 million (63.8%), office phones €4.1 million (13.9%), elderly care products €4.0 million (13.5%), and other products €2.6 million (8.8%)[18]. - Home phone sales for the year ended December 31, 2024, were approximately €18.8 million, a decrease of about 10.7% compared to the same period in 2023[19]. - Office phone sales for the year ended December 31, 2024, were approximately €4.1 million, an increase of about 13.2% driven by increased demand in Europe[19]. - Sales in the elderly product category decreased by approximately €0.8 million or 16.6% compared to the previous year[20]. Cost and Expenses - Sales and distribution expenses increased from approximately €3.3 million in 2023 to approximately €4.0 million in 2024, primarily due to increased shipping and advertising costs[35]. - The total employee cost for the year ended December 31, 2024, was approximately €4.1 million, compared to about €3.9 million in 2023, with a total of 62 employees as of December 31, 2024, up from 48 in 2023[45]. Debt and Cash Management - As of December 31, 2024, the company had a cash and cash equivalents balance of approximately €1.7 million, an increase of about €0.6 million from €1.1 million as of December 31, 2023[46]. - The net capital debt ratio improved to approximately 55% as of December 31, 2024, down from 57% as of December 31, 2023, primarily due to increased cash and reduced borrowings[49]. - The company had various bank borrowings and overdrafts totaling approximately €7.3 million as of December 31, 2024, unchanged from December 31, 2023[46]. - The company had trade receivables amounting to approximately €4.66 million as of December 31, 2024, down from €4.72 million in 2023[53]. Corporate Governance - The company is committed to maintaining high standards of corporate governance to protect shareholder interests[72]. - The board of directors held four meetings and one annual general meeting during the year ending December 31, 2024[79]. - The board consists of eight members, including executive, non-executive, and independent non-executive directors[77]. - The company has established four board committees: Risk Management Committee, Audit Committee, Remuneration Committee, and Nomination Committee[75]. - The company has adhered to the principles of the corporate governance code for the year ending December 31, 2024[74]. Risk Management - The risk management committee held one meeting during the year and reviewed the group's risk management and internal control systems, which were deemed effective and sufficient[92]. - The company has established a risk management committee to regularly review internal control policies and procedures related to international sanctions[117]. - The company continuously assesses international sanction legal risks, especially before entering agreements or business with new clients[113]. Environmental, Social, and Governance (ESG) - The report covers the environmental, social, and governance (ESG) performance of Atlinks Group Limited for the fiscal year 2024, from January 1 to December 31, 2024[134]. - The company adheres to the GEM Listing Rules and ESG reporting guidelines, ensuring consistency and transparency in its reporting practices[136][137]. - The board of directors is responsible for overseeing all ESG matters and ensuring the effectiveness of risk management and internal control systems[143]. - Stakeholder engagement is prioritized, with regular communication channels established to address concerns and incorporate feedback into business operations[145]. Employee Management - The total number of employees increased to 62 as of December 31, 2024, compared to 48 in 2023[183]. - The overall employee turnover rate for 2024 was 11%, up from 10% in 2023[186]. - The average training hours per employee decreased to 2.11 hours in 2024 from 4.01 hours in 2023, with 103 employees receiving training[194]. - The company achieved zero work-related fatalities for three consecutive years, maintaining a fatality rate of 0%[190]. Sustainability Initiatives - The company aims to achieve a 1% reduction in energy consumption density from 0.16 MWh/sqm in 2021 to a target of 0.07 MWh/sqm by 2030[154]. - The greenhouse gas emissions density target is set to decrease from 0.044 tons CO2 equivalent/sqm in 2021 to 0.02 tons CO2 equivalent/sqm by 2030, representing a 1% reduction[154]. - The company has implemented several recycling initiatives, including participation in recycling programs and encouraging double-sided printing in offices[163]. - The group has implemented an energy management system certified by ISO 50001 for its IT infrastructure, including data centers[166].

Financial Performance - The group's revenue for the year ended December 31, 2024, was approximately €29.5 million, compared to €29.7 million for the year ended December 31, 2023, indicating a slight decline of 0.8%[5] - Total revenue for 2024 was €29,474,163, a decrease of 0.9% from €29,729,520 in 2023[24] - The net profit attributable to equity holders of the company for the year ended December 31, 2024, was €15,297, a significant decrease from €105,179 for the year ended December 31, 2023, representing a decline of 85.5%[10] - Basic earnings per share for 2024 were €0.00, down from €0.03 in 2023[39] - The group recorded a profit of approximately €15,000 for the year ending December 31, 2024, down from approximately €105,000 for the year ending December 31, 2023[69] Profitability and Margins - The gross profit margin improved from approximately 31.7% for the year ended December 31, 2023, to approximately 36.4% for the year ended December 31, 2024[6] - Gross margin improved from approximately 31.7% for the year ending December 31, 2023, to approximately 36.4% for the year ending December 31, 2024, due to reduced material costs and competitive pricing from new suppliers[66] Revenue Breakdown - Revenue from home phones decreased to €18,810,786 in 2024 from €21,058,479 in 2023, representing a decline of 10.7%[24] - Revenue from office phones increased to €4,106,795 in 2024 from €3,628,798 in 2023, showing an increase of 13.1%[24] - Revenue from the "Other" segment, which includes subscription income and baby monitor sales, contributed €2,590,000, up from €289,000 in 2023[53] - Sales of home phones decreased by approximately 10.7% to €18.8 million, while office phone sales increased by about 13.2% to €4.1 million[54] - Sales to France increased by approximately 5.8% to €14.7 million, representing 50.0% of total revenue for 2024[60] Expenses and Liabilities - The company reported a significant increase in sales and distribution expenses, which rose to €4.00 million in 2024 from €3.27 million in 2023, an increase of 22.4%[10] - Total expenses for 2024 were €28,804,941, a slight decrease from €29,244,870 in 2023[30] - The total liabilities rose to €22.88 million as of December 31, 2024, compared to €21.36 million as of December 31, 2023, marking an increase of 7.1%[14] - Trade payables increased significantly to €6,805,528 in 2024 from €4,933,859 in 2023[45] Assets and Cash Flow - The total assets increased to €30.69 million as of December 31, 2024, from €29.17 million as of December 31, 2023, reflecting a growth of 5.2%[13] - As of December 31, 2024, the company had cash and cash equivalents of approximately €1.7 million, an increase of about €0.6 million from €1.1 million as of December 31, 2023[80] - The net debt-to-equity ratio improved to approximately 55% as of December 31, 2024, from about 57% as of December 31, 2023, due to increased cash and reduced borrowings[82] Tax and Losses - The group has unrecognized tax losses of €297,466 in Hong Kong as of December 31, 2024[37] - The group’s deferred tax asset related to tax losses in mainland China was not recognized due to unpredictability of future profit streams[37] - The group’s income tax expense for 2024 was €62,693, compared to a tax credit of €25,561 in 2023[34] Corporate Governance - The company has complied with the corporate governance code principles and applicable code provisions for the year ending December 31, 2024[90] - The company confirmed that all directors adhered to the trading standards and code of conduct for securities transactions for the year ending December 31, 2024[91] - The company has maintained a minimum of 25% public float of its issued shares as required by GEM listing rules for the year ending December 31, 2024[94] - The audit committee consists of three independent non-executive directors, ensuring compliance with GEM listing rules[100] - The external auditor, KPMG, has verified the figures in the preliminary announcement for the year ending December 31, 2024, but did not provide an opinion or assurance[97] Future Outlook - The company expects revenue growth by 2025, supported by a favorable product mix, expanded sales channels, and optimized operational efficiency[63] - The company is optimistic about future opportunities despite ongoing economic and political uncertainties, supported by a diversified product portfolio[62] Employee and Operational Changes - The company employed a total of 62 employees as of December 31, 2024, compared to 48 employees in the previous year, with total employee costs of approximately €4.1 million[79] - The company completed the acquisition of several companies, including 100% of the issued share capital of five health-related companies, enhancing its presence in the North American market for baby monitoring products[72] Shareholder Information - The board did not recommend a dividend for the year ending December 31, 2024, consistent with the previous year[70] - The annual general meeting is scheduled for May 9, 2025, with a notice to be published on March 20, 2025[95] - The company will suspend the transfer of shares from May 6, 2025, to May 9, 2025, to determine shareholder rights for the upcoming annual general meeting[96]

Financial Performance - For the six months ended June 30, 2024, the group recorded revenue of approximately €13.2 million, a decrease of about 18.9% compared to €16.3 million for the same period in 2023[4]. - The group reported a loss attributable to equity holders of approximately €0.4 million, compared to a profit of approximately €0.08 million for the six months ended June 30, 2023[4]. - Overall revenue for the first half of 2024 decreased by 18.9% compared to the same period in 2023[12]. - Gross profit for the same period was €4,565,811, down from €5,405,515, reflecting a decline of 15.5%[39]. - The net loss for the period was €358,681, compared to a profit of €79,567 in the prior year, indicating a significant downturn[39]. - The company's basic and diluted loss per share was €(0.09), compared to earnings per share of €0.02 in the previous year[39]. - The company incurred a net loss attributable to equity holders of €(358,681) for the first half of 2024, resulting in a basic loss per share of €(0.09), compared to a profit of €79,567 and earnings per share of €0.02 in the same period of 2023[51]. Revenue Breakdown - Revenue from France was €6.5 million, accounting for 49.2% of total revenue, compared to €7.8 million or 47.7% in the previous year[10]. - Revenue from other European countries was €4.5 million, representing 34.0% of total revenue, compared to €4.8 million or 29.7% in the previous year[10]. - Revenue from the Asia-Pacific/Middle East region decreased to €1.2 million, accounting for 8.9% of total revenue, down from €2.8 million or 17.0% in the previous year[10]. - The revenue breakdown by product type shows that home phones generated €8,586,874, senior products €2,340,792, office phones €1,722,427, and other products €584,950 for the first half of 2024[46]. - Revenue from France was €6,513,798, while other European countries contributed €4,503,472, the Asia-Pacific/Middle East region €1,178,005, Latin America €490,785, and North America €548,983[47]. Sales Performance - Sales of home phones decreased by approximately 31.6%, amounting to €8.6 million for the six months ended June 30, 2024[8]. - Office phone sales increased by approximately €0.3 million or 17.6% for the six months ended June 30, 2024[9]. - Sales to France decreased by 16.3% to approximately €6.5 million, accounting for about 49.2% of total revenue for the six months ended June 30, 2024[11]. - Sales to other European countries decreased by approximately 7.0% to about €4.5 million for the same period[12]. - Sales to the Asia-Pacific and Middle East regions decreased by 57.6% to approximately €1.2 million[11]. Cash Flow and Liquidity - As of June 30, 2024, the company had cash and cash equivalents of approximately €1.1 million, consistent with the previous year[19]. - The net cash flow from operating activities for the six months ended June 30, 2024, was €1,652,725, compared to a negative cash flow of €274,855 in the same period of 2023[44]. - Cash and cash equivalents at the end of the period were €1,060,868, down from €1,680,141 at the end of June 30, 2023[44]. - The company’s cash and cash equivalents stood at €1,060,868, down from €1,121,572, a decrease of 5.4%[41]. Assets and Liabilities - Total assets decreased to €27,872,441 as of June 30, 2024, from €29,171,932 at the end of 2023, a reduction of 4.4%[41]. - Total liabilities also decreased to €20,478,842 from €21,356,344, representing a decline of 4.1%[42]. - The company’s equity attributable to shareholders decreased to €7,393,599 from €7,815,588, a drop of 5.4%[41]. - The total amount of trade receivables pledged as collateral for bank financing was approximately €3,893,385, down from €4,720,122 as of December 31, 2023[23]. - The total trade receivables amounted to €8,044,213, a decrease of 13.7% from €9,323,777 as of December 31, 2023[60]. - The inventory value as of June 30, 2024, was €6,994,161, down from €8,492,196 as of December 31, 2023, indicating a reduction of approximately 17.6%[59]. Corporate Governance and Compliance - The company adhered to the corporate governance code as outlined in the GEM Listing Rules during the six months ended June 30, 2024[36]. - The board confirmed compliance with the trading compliance standards, with no non-compliance incidents reported during the six months ended June 30, 2024[31]. - The company had no significant contracts involving directors with substantial interests during the six months ended June 30, 2024[30]. Investments and Acquisitions - The company completed the acquisition of a group of companies for approximately HK$2 million on March 2024, focusing on baby monitoring products in North America[17]. - The company invested €894,813 in intangible assets and €126,958 in property, plant, and equipment during the first half of 2024, leading to a total cash outflow from investing activities of €(1,021,771)[44]. Debt and Financing - The net debt-to-equity ratio was approximately 57.8% as of June 30, 2024, compared to 57.5% at the end of 2023[20]. - The secured bank loans and factoring loans as of June 30, 2024, totaled €7,110,733, compared to €7,316,725 as of December 31, 2023, showing a decrease of approximately 2.8%[67]. - The total balance of loans from related parties was €4,079,023, a decrease from €4,372,365 as of December 31, 2023, reflecting a reduction of about 6.7%[65]. - The total interest expenses for loans from major management personnel amounted to €53,401 for the six months ended June 30, 2024, down from €28,626 in the same period of 2023, indicating an increase of approximately 86.5%[64]. Dividends - The company did not recommend the payment of any dividends for the six months ended June 30, 2024[4]. - The company has not declared or paid any dividends for the six months ended June 30, 2024, consistent with the same period in 2023[68].

Financial Performance - Atlinks Group reported a slight decrease in revenue for the fiscal year ending December 31, 2023, at approximately €29.7 million, compared to €30.0 million in 2022[14]. - Total revenue for the year ended December 31, 2023, was approximately €29.73 million, a slight decrease of about 0.8% compared to €29.96 million in 2022[23]. - The company recorded a profit of approximately €105,000 for the year ended December 31, 2023, compared to a loss of approximately €890,000 in 2022[33]. - Employee costs for the year ended December 31, 2023, were approximately €3.9 million, an increase from about €3.6 million in 2022, reflecting a rise in headcount[39]. - As of December 31, 2023, the group's cash and cash equivalents were approximately €1.1 million, a decrease of about €1.4 million from approximately €2.5 million on December 31, 2022[40]. - The net capital debt ratio as of December 31, 2023, was approximately 57%, up from about 56% on December 31, 2022, primarily due to a decrease in bank borrowings and an increase in shareholder loans[41]. Sales Performance - Sales of home phones amounted to approximately €21.1 million, a decrease of about 4.5% compared to the previous year[18]. - Sales of elderly products decreased by approximately €0.2 million or 3.9% year-on-year[19]. - Office phone sales increased by approximately 33.0%, reaching about €3.6 million, primarily due to increased demand in Europe[20]. - Sales to France decreased by approximately 3.4% to about €13.9 million, accounting for 46.8% of total revenue[25]. - Sales to other European countries increased by approximately 31.7% to about €9.5 million, driven by sales growth in the UK and Spain[25]. - Sales to the Asia-Pacific and Middle East regions grew by approximately 28.9% to about €4.9 million[26]. - Sales to Latin America decreased significantly by approximately 69.3% to about €1.4 million, primarily due to reduced sales of home phones and senior products in Mexico[26]. Profitability and Cost Management - The gross profit margin improved significantly from approximately 26.6% in 2022 to about 31.7% in 2023, an increase of over 5%[15]. - Logistics costs decreased, contributing to improved profitability despite a decline in overall revenue[10]. - Gross profit margin improved from approximately 26.6% in 2022 to about 31.7% in 2023, mainly due to reduced material costs and favorable currency exchange rates[30]. Corporate Governance - The company is committed to maintaining high standards of corporate governance to protect shareholder interests and uphold business ethics[64]. - The board is responsible for implementing the corporate governance code as per GEM listing rules and reviewing compliance with the code[65]. - The company has adhered to the principles and applicable provisions of the corporate governance code for the year ending December 31, 2023[66]. - The board of directors consists of eight members, including four executive directors and four non-executive directors, with a focus on strategic development and stakeholder interests[69]. - The company has adopted the GEM Listing Rules as its own code of conduct for directors' securities trading, ensuring adherence to established trading standards[68]. - The company’s governance framework includes four committees: Risk Management, Audit, Remuneration, and Nomination, to enhance corporate governance efficiency[67]. Environmental, Social, and Governance (ESG) Performance - The report focuses on the environmental, social, and governance (ESG) performance of the group, particularly in the development and sales of communication products[131]. - The governance framework ensures that ESG matters align with strategic growth and integrates ESG into business operations[137]. - The board of directors is responsible for overseeing the group's ESG performance and risk management, with a dedicated ESG committee to evaluate significant issues and opportunities[139]. - A materiality assessment was conducted to identify key ESG issues based on stakeholder feedback and global sustainability agendas[146]. - The group has established various communication channels to engage with stakeholders, including annual general meetings and customer service hotlines[144]. - The company aims to transform identified ESG threats into opportunities as part of its sustainable development process[140]. Employee Management - The employee turnover rate for the fiscal year 2023 is 10%, down from 17% in 2022[184]. - The company has a total of 48 employees as of December 31, 2023, with a gender distribution of 50% male and 50% female[181]. - The employee retention rate has improved due to a strong people-oriented culture and effective employment practices[184]. - The company provides various paid leave options, including statutory holidays and maternity leave[178]. - The company has a flexible working hours policy to promote work-life balance among employees[177]. Customer Relations - The company provides a 2-year warranty to enhance customer satisfaction[198]. - Customer feedback has shifted from complaints to more praise and inquiries, reflecting improved service quality[199]. - The company has implemented a customer interface on its website for product or service inquiries[198]. - The company has established a service center for product repairs and refurbishments, contributing to quality improvements[198]. - The company maintains regular communication with customers through various channels, including email and social media, to gather feedback and ensure satisfaction[197].

Financial Performance - The group's revenue for the year ended December 31, 2023, was approximately €29.7 million, compared to €30.0 million for the year ended December 31, 2022[5]. - The gross profit margin increased from approximately 26.6% for the year ended December 31, 2022, to approximately 31.7% for the year ended December 31, 2023[6]. - The group recorded a profit attributable to equity holders of the company of approximately €105,000 for the year ended December 31, 2023, compared to a loss of approximately €890,000 for the year ended December 31, 2022[6]. - The operating profit for the year ended December 31, 2023, was approximately €817,881, compared to an operating loss of approximately €674,025 for the previous year[10]. - The company reported a basic and diluted earnings per share of €0.03 for the year ended December 31, 2023, compared to a loss per share of €0.22 for the previous year[10]. - Total revenue for 2023 was €29,729,520, a decrease of 0.8% from €29,961,316 in 2022[24]. - The group reported a net profit attributable to equity holders of €105,179 for 2023, compared to a net loss of €889,896 in 2022[37]. - Basic earnings per share for 2023 was €0.03, recovering from a loss of €0.22 per share in 2022[37]. - Total expenses for 2023 amounted to €29,244,870, down from €31,146,070 in 2022, indicating a reduction of 6.1%[28]. Assets and Liabilities - The total assets decreased from €33.3 million as of December 31, 2022, to €29.2 million as of December 31, 2023[13]. - The total liabilities decreased from €25.6 million as of December 31, 2022, to €21.4 million as of December 31, 2023[14]. - The net cash and cash equivalents decreased from €2.5 million as of December 31, 2022, to €1.1 million as of December 31, 2023[13]. - Trade receivables stood at €9,323,777 in 2023, slightly down from €9,458,004 in 2022[40]. - Trade receivables as of December 31, 2023, totaled €9.07 million, slightly down from €9.12 million in 2022[41]. - Trade payables decreased from €7.35 million in 2022 to €4.93 million in 2023[44]. - The group had approximately €7.3 million in various bank borrowings and overdrafts as of December 31, 2023, down from about €9.7 million as of December 31, 2022, a decrease of approximately €2.4 million[73]. - Net debt-to-equity ratio increased to approximately 57% as of December 31, 2023, from about 56% as of December 31, 2022, primarily due to a decrease in bank borrowings and an increase in shareholder loans[74]. Sales Performance - Revenue from home phones decreased to €21,058,479 in 2023 from €22,054,430 in 2022, representing a decline of 4.5%[24]. - Revenue from office phones increased to €3,628,798 in 2023, up 33.1% from €2,727,808 in 2022[24]. - Sales of home phones decreased by approximately 4.5% to about €21.1 million in 2023[52]. - Sales of office phones increased by approximately 33.0% to about €3.6 million, driven by increased demand in Europe[54]. - Sales to France decreased by approximately 3.4% to about €13.9 million, representing 46.8% of total revenue[58]. - Sales to other European countries increased by approximately 31.7% to about €9.5 million, mainly contributed by the UK and Spain[58]. Inventory and Costs - The group’s total inventory cost for 2023 was €19,493,790, down from €20,857,133 in 2022, reflecting a decrease of 6.5%[28]. - Sales cost decreased by approximately 7.6% from about €22.0 million for the year ended December 31, 2022, to about €20.3 million for the year ended December 31, 2023[62]. - Gross profit margin increased from approximately 26.6% for the year ended December 31, 2022, to approximately 31.7% for the year ended December 31, 2023, mainly due to reduced material costs and the positive impact of RMB depreciation against the Euro[62]. - Total employee costs, including directors' remuneration, were approximately €3.9 million for the year ended December 31, 2023, compared to about €3.6 million for the year ended December 31, 2022[71]. Dividends and Recommendations - The company did not recommend the payment of any dividends for the year ended December 31, 2023[7]. - The board did not recommend the payment of a dividend for the year ended December 31, 2023, consistent with the previous year[66]. Future Plans and Opportunities - The company plans to launch several new products in the second quarter of 2024 and aims to transition to new alternative product solutions within the year[60]. - The company is actively seeking acquisition opportunities to expand its business into new categories and regions[61]. Audit and Compliance - The audit committee has reviewed the group's performance for the year ending December 31, 2023[93]. - The group's preliminary announcement has been verified by KPMG, confirming consistency with the consolidated financial statements for the year[89]. - The audit committee consists of three independent non-executive directors, ensuring compliance with GEM listing rules[92]. - The company will suspend share transfer registration from May 7 to May 10, 2024, to determine shareholder rights for the upcoming annual general meeting[88].

Revenue Performance - The group's revenue increased from approximately €21.9 million for the nine months ended September 30, 2022, to approximately €22.4 million for the nine months ended September 30, 2023, representing a growth of about 2.2%[6] - Revenue for the nine months ended September 30, 2023, increased by 2.2% compared to the same period in 2022, but the growth was slower than expected due to high inflation and political uncertainty in Europe[21] - For the nine months ended September 30, 2023, the company reported revenue of €22,433,048, an increase of 2.2% compared to €21,948,070 for the same period in 2022[41] - Revenue from home phones for the nine months ended September 30, 2023, was €15,850,265, slightly down from €15,923,703 in 2022, representing a decrease of 0.5%[51] - Revenue from elderly products increased to €3,871,639 for the nine months ended September 30, 2023, up 7.5% from €3,602,673 in 2022[51] - Revenue from office phones rose to €2,444,164 for the nine months ended September 30, 2023, compared to €2,194,125 in 2022, marking an increase of 11.4%[51] - Revenue from France for the nine months ended September 30, 2023, was €10,463,934, a slight decrease from €10,622,019 in 2022[52] - Revenue from other European countries increased to €6,811,879 for the nine months ended September 30, 2023, up from €5,263,450 in 2022, representing a growth of 29.3%[52] - Revenue from the Asia-Pacific and Middle East regions grew by approximately 54.8% to about €3.9 million compared to the same period in 2022[19] - Revenue from Latin America decreased by approximately 64.8% to about €1.2 million for the nine months ended September 30, 2023[20] Profitability - The group recorded a profit attributable to equity holders of approximately €0.1 million for the nine months ended September 30, 2023, compared to a loss of approximately €0.9 million for the same period in 2022[6] - The company recorded a profit of approximately €0.1 million for the nine months ended September 30, 2023, compared to a loss of approximately €0.9 million for the same period in 2022[25] - The net profit for the nine months ended September 30, 2023, was €104,641, compared to a net loss of €883,156 for the same period in 2022[41] - The total comprehensive loss for the nine months ended September 30, 2023, was €243,721, an improvement from a loss of €290,156 in the same period of 2022[42] - The basic and diluted earnings per share for the nine months ended September 30, 2023, were €0.03, compared to a loss of €0.22 per share in the same period of 2022[41] Expenses - Sales and distribution expenses increased from approximately €2.5 million for the nine months ended September 30, 2022, to approximately €2.6 million for the same period in 2023, attributed to increased staffing and inflation-related employee costs[23] - Administrative expenses rose from approximately €3.9 million for the nine months ended September 30, 2022, to approximately €4.3 million for the same period in 2023, also due to increased staffing and inflation-related costs[24] - The company’s sales and distribution expenses for the nine months ended September 30, 2023, were €2,577,632, an increase from €2,463,187 in the same period of 2022[41] - The company’s administrative expenses for the nine months ended September 30, 2023, were €4,280,549, compared to €3,908,874 in the same period of 2022[41] Dividends and Corporate Governance - The board does not recommend the payment of any dividends for the nine months ended September 30, 2023[7] - The company does not recommend paying dividends for the nine months ended September 30, 2023[26] - No dividends were declared or paid for the nine months ended September 30, 2023, consistent with 2022[58] - The company’s board believes it has complied with the corporate governance code during the nine months ended September 30, 2023[36] Future Outlook - The company plans to launch a series of new products in the fourth quarter of 2023, aiming to capture market share in the home phone business and expand sales regions[21] - The company expects customer demand to improve in the fourth quarter of 2023 despite weak demand in the third quarter[21] Currency and Foreign Exchange - The company reported a foreign exchange gain of €99,965 for the nine months ended September 30, 2023, compared to a loss of €515,213 in the same period of 2022[41] - The company experienced a currency translation loss of €348,362 during the nine months ended September 30, 2023[44] Stock Options and Securities - No securities were purchased, sold, or redeemed by the company or its subsidiaries during the nine months ended September 30, 2023[27] - There were no stock options granted, exercised, canceled, or expired under the stock option plan during the nine months ended September 30, 2023[28] - The diluted earnings per share are the same as the basic earnings per share due to no potential dilutive ordinary shares being issued during the periods[58]

Revenue and Profitability - The group's revenue increased from approximately €15.2 million for the six months ended June 30, 2022, to approximately €16.3 million for the six months ended June 30, 2023, representing a growth of about 7.1%[11] - The group recorded a profit attributable to equity holders of approximately €80,000 for the six months ended June 30, 2023, compared to a loss of approximately €600,000 for the same period in 2022[11] - Revenue for the six months ended June 30, 2023, was €16,313,292, an increase of 7.1% compared to €15,226,994 for the same period in 2022[63] - Gross profit for the six months ended June 30, 2023, was €5,405,515, representing a 33.1% increase from €4,060,998 in the prior year[63] - Operating profit for the six months ended June 30, 2023, was €423,861, a significant improvement from a loss of €483,838 in the same period of 2022[63] - The net loss for the six months ended June 30, 2023, was €68,128, compared to a loss of €310,516 in the prior year, indicating a reduction in losses[64] Sales Performance - Sales of home phones increased by approximately 11.4% to about €12.6 million for the six months ended June 30, 2023[18] - Home phones accounted for 77.0% of total revenue for the six months ended June 30, 2023, compared to 74.0% for the same period in 2022[16] - Revenue from elderly products was approximately €2.3 million, representing about 13.8% of total revenue for the six months ended June 30, 2023[19] - Revenue from office phones was approximately €1.5 million, accounting for about 9.0% of total revenue for the six months ended June 30, 2023[19] - Revenue from France for the six months ended June 30, 2023, was approximately €7.8 million, representing 47.7% of total revenue[21] - Revenue from other European countries increased to approximately €4.8 million, accounting for 29.7% of total revenue for the six months ended June 30, 2023[21] - Sales to France decreased by 4.2% to approximately €7.8 million, accounting for about 47.7% of total revenue for the six months ended June 30, 2023[26] - Sales to other European countries increased by approximately 46.2% to about €4.8 million for the same period[27] - Sales to the Asia-Pacific and Middle East regions rose by 73.3% to approximately €2.8 million[27] - Sales to Latin America decreased by 58.4% to about €0.9 million[28] Financial Position - Cash and cash equivalents decreased to approximately €1.7 million as of June 30, 2023, down from about €2.5 million at the end of 2022[42] - The net capital debt ratio increased to approximately 58.6% as of June 30, 2023, compared to about 56% at the end of 2022[43] - As of June 30, 2023, the group's trade receivables amounted to approximately €4,854,211, an increase from €4,731,267 as of December 31, 2022[48] - The group's pledged bank deposits totaled approximately €2,177,190, up from €1,937,523 as of December 31, 2022[48] - Total assets as of June 30, 2023, were €33,138,959, slightly down from €33,329,956 as of December 31, 2022[69] - Total liabilities decreased to €25,319,846 as of June 30, 2023, from €25,551,105 at the end of 2022[69] - Trade receivables were €8,932,363 as of June 30, 2023, slightly down from €9,119,105 at the end of 2022[69] - The inventory as of June 30, 2023, was valued at €9,479,384, compared to €9,326,738 as of December 31, 2022, showing an increase of approximately 1.6%[92] Corporate Governance and Compliance - The group did not recommend the payment of any dividends for the six months ended June 30, 2023[12] - The board confirmed compliance with the trading compliance standards, with no non-compliance incidents reported during the six months ended June 30, 2023[54] - The company maintained good corporate governance practices, aligning with the GEM Listing Rules during the six months ended June 30, 2023[59] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the six months ended June 30, 2023[61] - The company had no significant contracts involving directors with substantial interests during the six months ended June 30, 2023[53] Shareholder Information - The major shareholders, including Eiffel Global and TOHL, each held 75% of the company's shares as of June 30, 2023[55] - No share options were granted, exercised, cancelled, or lapsed under the share option scheme during the six months ended June 30, 2023[50] - The company did not purchase, sell, or redeem any of its shares during the six months ended June 30, 2023[49] - The company maintained 400,000,000 issued shares throughout both periods, indicating stability in capital structure[96] Expenses and Cash Flow - Administrative expenses increased from approximately €2.6 million to about €3.0 million due to inflation-related employee cost growth[34] - The net cash outflow from operating activities was €(274,855), significantly improved from €(1,329,243) in the first half of 2022[74] - The company reported a net loss of €(587,038) for the six months ended June 30, 2022, while the total comprehensive income for the same period in 2023 was €40,262[72] - The company's financing activities resulted in a net cash outflow of €(399,282) for the first half of 2023, compared to €(1,029,113) in the same period of 2022[74] - Interest expenses on loans from major shareholders increased from €668,154 in the first half of 2022 to €102,807 in the first half of 2023[101] Tax and Deferred Tax - The company operates under a corporate tax rate of 25.0% in France and China, consistent with the previous year[84] - The deferred tax expense for the six months ended June 30, 2023, was €(68,569), a decrease from €(132,941) in the same period of 2022, indicating improved tax efficiency[85]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，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倚賴該等內容 而引致之任何損失承擔任何責任。 ATLINKS GROUP LIMITED （於開曼群島註冊成立的有限公司） （股份代號：8043） 截至2023年6月30日止 六個月的中期業績公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供一個上市 之市場。有意投資者應了解投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決 定。 因GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較在主板買賣之證券承受較大之市場 波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 ...

Revenue and Profitability - The group's revenue increased from approximately €7.5 million for the three months ended March 31, 2022, to approximately €8.3 million for the three months ended March 31, 2023, representing an increase of about 11.3%[6] - The profit attributable to equity holders of the company for the three months ended March 31, 2023, was approximately €0.1 million, compared to a loss of approximately €0.3 million for the same period in 2022[6] - Revenue for the three months ended March 31, 2023, was €8,337,295, representing a 11.3% increase from €7,489,757 in the same period of 2022[43] - Gross profit for the same period was €2,731,025, up from €2,076,501, indicating a significant improvement in profitability[43] - The company reported a net profit of €147,695 for Q1 2023, compared to a net loss of €276,522 in Q1 2022, marking a turnaround in financial performance[44] - The company reported a total comprehensive income of €148,987 for the period, compared to a total comprehensive loss of €154,510 in the same quarter of the previous year[44] - For the three months ended March 31, 2023, the company reported a profit attributable to equity holders of €147,695, compared to a loss of €276,522 in the same period of 2022[58] - Basic earnings per share for the three months ended March 31, 2023, was €0.04, a significant improvement from a loss of €0.07 per share in the same period of 2022[58] Sales Performance - Sales in the home phone segment increased by approximately 24.1% to about €6.5 million for the three months ended March 31, 2023[12] - Revenue from home phones increased to €6,459,216 in Q1 2023, up 24.1% from €5,205,337 in Q1 2022[53] - Revenue from the elderly products segment decreased to €1,071,419, down 21.7% from €1,368,203 in the same period last year[53] - Revenue from office phones also declined to €770,418, a decrease of 14.1% from €897,132 in Q1 2022[53] - Sales to France increased by approximately 11.3% to about €4.3 million, accounting for approximately 51.4% of total revenue for the three months ended March 31, 2023[19] - Revenue from France was €4,279,066, an increase of 11.4% from €3,843,457 in the previous year[54] - Other European countries contributed €2,402,853, up 24.3% from €1,933,779 in Q1 2022[54] Expenses and Costs - The gross profit margin improved from 27.7% in Q1 2022 to 32.8% in Q1 2023, primarily due to a decrease in material costs[23] - Sales and distribution expenses rose from approximately €0.8 million in Q1 2022 to about €0.9 million in Q1 2023, mainly due to increased marketing expenses[24] - The sales cost increased by approximately 3.6% to about €5.6 million for the three months ended March 31, 2023, consistent with the revenue increase[23] Dividends and Shareholder Information - The company does not recommend the payment of any dividends for the three months ended March 31, 2023[7] - The board of directors did not recommend the payment of a dividend for the three months ended March 31, 2023[27] - The company did not declare or pay any dividends for the three months ended March 31, 2023, and 2022[60] - As of March 31, 2023, the major shareholders included Eiffel Global with a 75% stake and TOHL with a 75% stake in the company[35] Corporate Governance and Compliance - The company believes it has complied with the corporate governance code during the reporting period[38] - The company’s audit committee consists of three independent non-executive directors, with Ms. Lam Lai Ting as the chairperson[39] - The financial statements for the three months ended March 31, 2023, were unaudited but reviewed by the audit committee[40] - There were no significant contracts entered into by the company or its subsidiaries during the reporting period that involved the directors[34] Taxation - The effective tax rate for Hong Kong profits was maintained at 16.5% for both 2023 and 2022[55] - The corporate income tax rate for operations in mainland China was 25% for both 2023 and 2022[55] - The corporate income tax rate for operations in France was also 25% for both 2023 and 2022[55] Stock Options and Share Buybacks - There were no share buybacks, sales, or redemptions by the company or its subsidiaries during the three months ended March 31, 2023[29] - No stock options were granted, exercised, canceled, or expired under the stock option plan during the three months ended March 31, 2023[30] - There were no potential dilutive ordinary shares issued during the periods, resulting in diluted earnings per share being the same as basic earnings per share[59] Reporting and Availability - The first quarter report is available on the Hong Kong Stock Exchange website and the company's website[41]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，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倚賴該等內容 而引致之任何損失承擔任何責任。 ATLINKS GROUP LIMITED （於開曼群島註冊成立的有限公司） （股份代號：8043） 截至2023年3月31日止三個月之季度公告 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供一個上市 之市場。有意投資者應了解投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決 定。 因GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較主板買賣之證券承受較大之市場波 動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 ...