Financial Performance - The group's unaudited revenue for the six months ended May 31, 2024, was HKD 12,850,000, a decrease of 3.84% from HKD 13,364,000 for the same period in 2023[4] - The unaudited net loss for the six months ended May 31, 2024, was HKD 5,165,000, compared to a net loss of approximately HKD 2,096,000 for the same period in 2023, representing an increase in loss of 146.5%[4] - The unaudited basic loss per share for the six months ended May 31, 2024, was HKD 1.09 cents, compared to HKD 0.44 cents for the same period in 2023[4] - Revenue for the six months ended May 31, 2024, was HKD 12,850,000, a decrease of 3.8% from HKD 13,364,000 in the same period of 2023[39] - Gross profit decreased to HKD 4,976,000, down 49.3% from HKD 9,802,000 year-on-year[39] - Operating loss increased to HKD 4,469,000 compared to a loss of HKD 1,476,000 in the previous year[39] - Loss before tax was HKD 5,165,000, significantly higher than the loss of HKD 2,096,000 in the same period last year[39] - Basic loss per share was HKD (1.09), compared to HKD (0.44) in the previous year[39] Assets and Liabilities - Total assets as of May 31, 2024, were HKD 30,120,000, down from HKD 41,720,000 as of November 30, 2023, indicating a decrease of 27.7%[8] - Total liabilities as of May 31, 2024, were HKD 27,110,000, a decrease from HKD 33,545,000 as of November 30, 2023, reflecting a reduction of 19.3%[8] - The equity attributable to owners of the company was HKD 3,010,000 as of May 31, 2024, down from HKD 8,175,000 as of November 30, 2023, representing a decline of 63.2%[9] - Total liabilities included non-current liabilities of HKD 14,000,000, up from HKD 13,307,000 in the previous year[31] - Total equity decreased to HKD 3,010,000 from HKD 18,861,000 year-on-year[35] Cash Flow - Cash and cash equivalents increased to HKD 13,258,000 as of May 31, 2024, compared to HKD 6,123,000 as of November 30, 2023, showing an increase of 116.5%[7] - The group reported a net cash inflow from operating activities of HKD 7,358,000 for the six months ended May 31, 2024, compared to HKD 1,000,000 in the same period last year, indicating a significant increase[165] - The group reported a net increase in cash and cash equivalents of HKD 7,135,000 for the period, compared to HKD 1,000,000 in the previous year, resulting in a cash balance of HKD 13,258,000 at the end of the period[165] Revenue Segmentation - Approximately 44% of total revenue for the period came from maintenance services, amounting to HKD 5,659,000[83] - Revenue from financial technology resources increased to HKD 5,498,000, up 20.8% from HKD 4,553,000 in the previous year[40] - Revenue from software licensing and related services decreased to HKD 1,676,000, down 30.7% from HKD 2,422,000 year-on-year[40] Employee Costs - Employee costs (excluding directors' remuneration) totaled approximately HKD 7,108,000, a 42.3% increase from HKD 4,994,000 in the same period last year, primarily due to an increase in the number of employees[59] - As of May 31, 2024, the total employee cost for the six months was approximately HKD 7,108,000, with 35 employees in Hong Kong, an increase from 24 employees in the previous year[112] Corporate Governance and Compliance - The company has adopted relevant amendments to the corporate governance code to ensure compliance with GEM listing rules[137] - The company completed the full implementation of the Hong Kong Investor Identification Regime for its OCTOSTP clients, enhancing compliance with exchange regulations[116] - The company has not redeemed or purchased any of its listed securities during the reporting period[139] Strategic Initiatives - The group has increased its focus on regulatory technology solutions, particularly the FinReg system, to assist clients with compliance and monitoring, addressing the growing market demand[92] - The group plans to enhance its R&D capabilities and improve the quality of its sales and marketing teams to drive revenue growth in 2024[97] - The group aims to leverage its diverse product offerings and technological capabilities to maintain market competitiveness and prepare for future growth opportunities[96] - The group is currently in discussions with several potential clients to implement its regulatory technology solutions, indicating ongoing market expansion efforts[173] Product Development - The new product "abcWealthConnect" was successfully launched, aimed at enhancing efficiency in portfolio management and performance calculation for asset management clients[94] - The group has successfully expanded its client base in the fintech resource services sector, signing new recruitment service contracts with clients from various industries[95] - The group has expanded its product line in 2023, with positive customer feedback on the new offerings, indicating a successful market entry[94] Market Conditions - The overall investment climate has become cautious due to global economic downturns, impacting new sales contracts during the period[91] - The company has not recorded any significant changes in the performance or financial condition that would require immediate reporting to the board[138] Financial Reporting Standards - The group has not applied any new or revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective, and is currently assessing their impact[16] - The group has adopted new and revised Hong Kong Financial Reporting Standards effective from December 1, 2023, with no significant impact on the financial statements expected[166]

Financial Performance - The company reported revenue of approximately HKD 26,203,000 for the year ended November 30, 2023, a decrease of 56.5% compared to HKD 60,244,000 in the previous year[21]. - The net loss for the year was approximately HKD 12,782,000, compared to a net profit of HKD 9,110,000 in the previous year[21]. - Revenue from software licensing, leasing, and related services accounted for approximately HKD 3,576,000 or 13.6% of total revenue[21]. - Revenue from maintenance services was approximately HKD 11,711,000 or 44.7% of total revenue[21]. - Revenue from the fintech resource services segment increased by 28.7% to approximately HKD 9,465,000 from HKD 7,353,000 in the previous year[29]. - The company’s cash and cash equivalents decreased by 20.2% to HKD 6,123,000 from HKD 7,674,000 in the previous year[21]. - Operating expenses were approximately HKD 17,408,000, a reduction of 31.3% from HKD 25,350,000 in the previous year[21]. - The company expects stable revenue from software licensing and maintenance services, which will continue to be a significant part of total revenue[24]. Business Strategy and Outlook - The company is cautiously optimistic about 2024, anticipating increased investment in IT infrastructure by financial institutions as travel between mainland China and Hong Kong normalizes[13]. - The goal for 2024 is to generate more recurring revenue and expand the product line into new sectors and financial industries[13]. - The R&D department continues to focus on developing innovative solutions in fintech and regtech, with plans to launch more solutions and services in 2024[13]. - The company plans to enhance its product and service marketing efforts to capitalize on new products and innovative ideas[28]. - The company maintains an optimistic outlook for regulatory technology and IT-related services, anticipating gradual recovery in the Hong Kong economy in 2024[26]. - The company plans to optimize its business portfolio and actively explore profitable business opportunities, including financial-related services[53]. - The group believes it has the capability to face future challenges and is prepared to seize growth opportunities as market conditions improve[52]. - The board is focused on maximizing shareholder value and sustainable growth through strategic business development[53]. Employee and Workforce Management - The total number of employees as of November 30, 2023, was 18[119]. - The company employed 18 staff in Hong Kong as of November 30, 2023, down from 26 in the previous year[50]. - The total employee cost for the year is approximately HKD 9,633,000, compared to HKD 9,518,000 in the previous year[50]. - The employee turnover rate for 2023 was 43%, down from 48% in 2022[140]. - The turnover rate for male employees increased to 48% in 2023 from 29% in 2022, while female turnover decreased to 31% from 88%[140]. - The company employed 12 male and 6 female employees in 2023, with a gender ratio of 67% male to 33% female[136]. - The company has a total of 4 management personnel, which increased from 3 in 2022[136]. - The company offers a minimum of 7 days of annual leave and additional leave types, promoting employee well-being[141]. - The company emphasizes internal promotions over external hiring, aiming to retain talent and enhance employee loyalty[139]. - The company conducts annual performance evaluations to assess employee contributions and set future performance goals[139]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to sustainable development and has established policies and measures to fulfill this commitment[102]. - The environmental, social, and governance (ESG) report covers the company's performance in these areas for the period from December 1, 2022, to November 30, 2023[103]. - The total greenhouse gas emissions for the fiscal year 2023 decreased by 16.59% compared to fiscal year 2022, reaching 34.95 tons of CO2 equivalent[118]. - The total amount of non-hazardous waste generated in fiscal year 2023 was 353.97 kg, a reduction of 11.24% from 398.8 kg in fiscal year 2022[121]. - The company has invested in energy-saving equipment and monitors energy usage monthly to reduce its carbon footprint[118]. - The company has implemented a paper-saving policy to promote a paperless workplace, including double-sided printing and digital communication[122]. - The company has implemented measures to reduce greenhouse gas emissions and is committed to better monitoring its performance to set more specific environmental quantitative goals[125]. - The company has established a mitigation plan to minimize potential risks from extreme weather events, including flexible work arrangements during adverse conditions[131]. Corporate Governance - The board believes that corporate governance is a key element for the company's success and has adopted various measures to maintain high standards of governance[178]. - The board consists of two executive directors and three independent non-executive directors, with all independent directors confirmed as independent[183]. - The company has not established an internal audit function since its listing in 2000, but believes its current structure provides sufficient risk management and internal control[181]. - The management provides quarterly financial reports to the board, summarizing the company's performance, financial condition, and outlook[180]. - The company has adopted relevant amendments to comply with the corporate governance code as per GEM listing rules[180]. - The internal control committee was established in 2007 to review the effectiveness of the internal control system and manage risks[181]. - The company has committed to regular reviews and appropriate actions to comply with the corporate governance code[180]. - The company adopted a board diversity policy in 2014, which was reviewed in 2023 to ensure its effectiveness and compliance with the new corporate governance code[188].

Financial Performance - For the fiscal year ended November 30, 2023, the company reported total revenue of HKD 26,203,000, a decrease of 56.5% compared to HKD 60,244,000 in the previous year[6]. - The gross profit for the year was HKD 15,429,000, down 56.7% from HKD 35,636,000 in 2022[6]. - The company incurred an operating loss of HKD 11,466,000, compared to an operating profit of HKD 10,803,000 in the prior year[6]. - The net loss attributable to shareholders for the year was HKD 12,782,000, compared to a profit of HKD 9,110,000 in 2022[6]. - Basic and diluted loss per share for the year was HKD 2.69, compared to earnings of HKD 1.91 and HKD 1.52 per share in the previous year[6]. - The total loss before tax for 2023 was HKD 12,773,000, compared to a profit of HKD 9,110,000 in 2022[31]. - The group reported a net loss of HKD 12,782,000 for the year, a significant decline from the profit of HKD 9,110,000 in the previous year[31]. - The income tax expense for the current year was HKD 9,000, while there was no tax expense for the previous year[42]. - The basic loss per share attributable to the owners of the company was HKD (12,782,000) for 2023, compared to a profit of HKD 9,110,000 for 2022[43]. - The diluted loss per share for the year ended November 30, 2023, was HKD (12,783,000), with no dilutive effect from convertible preference shares[44]. Revenue Breakdown - Revenue from software licensing and related services was zero in 2023, down from HKD 37,097,000 in 2022[22]. - Maintenance service revenue decreased slightly to HKD 11,711,000 in 2023 from HKD 12,025,000 in 2022[22]. - The group recognized contract revenue of HKD 1,035,000 in 2023, compared to HKD 574,000 in 2022, indicating an increase of approximately 80.5%[22]. - Revenue from hardware sales increased to HKD 416,000 in 2023 from HKD 72,000 in 2022, showing a growth of approximately 478%[22]. - The group provided financial technology resources services, generating HKD 9,234,000 from secondment services in 2023, up from HKD 6,389,000 in 2022[22]. - Revenue sources included approximately HKD 3,576,000 (13.6%) from software licensing and related services, HKD 11,711,000 (44.7%) from maintenance services, and HKD 9,465,000 (36.1%) from fintech resource services[57]. - The financial solutions segment generated revenue of HKD 16,738,000, down 68.4% from HKD 52,891,000 in the previous year[31]. - The fintech resources segment reported revenue of HKD 9,465,000, an increase of 28.7% from HKD 7,353,000 in 2022[31]. - Revenue from fintech resource services increased by 28.7% to approximately HKD 9,465,000, up from HKD 7,353,000 in the previous year, due to successful contract renewals and new client agreements[65]. Assets and Liabilities - Total assets decreased to HKD 41,720,000 from HKD 65,023,000, representing a decline of 35.7%[7]. - Current assets also fell to HKD 40,097,000 from HKD 61,376,000, a decrease of 34.6%[7]. - Total liabilities decreased to HKD 33,545,000 from HKD 44,066,000, a reduction of 24%[7]. - The company's equity attributable to shareholders decreased to HKD 8,175,000 from HKD 20,957,000, a decline of 61%[7]. - The total assets decreased to HKD 41,720,000 in 2023 from HKD 65,023,000 in 2022, representing a decline of 35.8%[33]. - The total liabilities also decreased to HKD 33,545,000 in 2023 from HKD 44,066,000 in 2022, a reduction of 24%[33]. - Trade receivables decreased to HKD 38,845,000 in 2023 from HKD 44,959,000 in 2022, with an expected credit loss provision of HKD 11,793,000[46]. - The aging analysis of trade receivables showed that HKD 35,132,000 was overdue by more than 360 days in 2023, compared to HKD 11,470,000 in 2022[48]. Operational Focus and Future Outlook - The company plans to focus on software research and development, as well as operational expenditures, which totaled HKD 4,540,000 for the year[6]. - The company expects stable revenue from software licenses, maintenance services, and other professional services, which will continue to contribute significantly to total revenue[59]. - The company plans to enhance its regulatory technology solutions and related services, anticipating continued positive contributions in the upcoming year despite increasing competition[62]. - The company aims to focus on R&D capabilities and improve the quality of its sales and marketing team to drive revenue growth in 2024[70]. - The company is optimistic about the future of regulatory technology and information technology services, planning to explore new business opportunities and expand its client base[63][69]. Internal Controls and Governance - The company has not established an internal audit function since its listing in 2000, but believes its current organizational structure provides sufficient risk management and internal control[74]. - The Audit Committee held four meetings during the reporting year to review the company's reports and accounts, providing recommendations to the Board[76]. - The company has established an Internal Control Committee since 2007 to review the effectiveness of its internal control systems[74]. - The external independent consultant reviewed the effectiveness of the company's internal control systems, identifying areas for improvement[74]. - The Audit Committee serves as a key liaison between the company and its external auditors, ensuring proper oversight of the audit process[76]. - The company is committed to providing accurate and complete information to the Board, confirming that the disclosed information is free from misleading elements[81]. Debt and Financing - The company issued a new promissory note of HKD 2,000,000 on November 29, 2022, to support operational funding, maturing on June 1, 2024[54]. - The company extended the maturity of the 2021 promissory note from June 1, 2023, to June 1, 2024, with a total book value of HKD 10,097,000[54]. - The company issued a new promissory note of HKD 2,500,000 on August 28, 2023, to support operational funding, maturing on June 1, 2025[54]. - The fair value difference of the 2022 first promissory note at initial recognition was approximately HKD 365,000[54]. - The company recognized a gain of approximately HKD 945,000 from the modification of the 2022 second promissory note[54]. Dividends and Shareholder Information - The company has not declared any dividends for the year ended November 30, 2023, consistent with the previous year[45]. - The weighted average number of shares used for calculating basic and diluted loss per share remained at 475,813,216 for both years[43][44]. - The company did not repurchase any of its listed securities during the year, consistent with the previous year[78]. - The company has not engaged in any purchases or sales of its listed securities during the reporting period, maintaining a consistent approach[78].

智通财经APP讯，辰罡科技(08131)发布公告，该集团预期截至2023年11月30日止年度将取得亏损净额约1278.2万港元，而截至2022年11月30日止年度取得纯利约911万港元。 公告称，截至2023年11月30日止年度的预期亏损净额乃主要归因于下列原因：(1)截至2023年11月30日止年度，集团取得收益约2620.3万港元，较上年同期约6024.4万港元减少56.5%。收益总额减少主要由于截至2023年11月30日止年度客户延后现有项目的交付及推出时间;及由于截至2023年11月30日止年度取得的收益减少，集团截至2023年11月30日止年度的毛利由3563.6万港元减少56.7%至1542.9万港元。 ...

Financial Performance - For the three months ended August 31, 2023, the company reported revenue of HKD 6,025,000, a decrease of 60.3% compared to HKD 15,172,000 for the same period in 2022[5] - The gross profit for the three months ended August 31, 2023, was HKD 4,003,000, representing a gross margin of 66.4%[5] - Operating loss for the three months ended August 31, 2023, was HKD 1,013,000, compared to an operating profit of HKD 2,694,000 for the same period in 2022[5] - The company reported a net loss attributable to owners of HKD 1,334,000 for the three months ended August 31, 2023, compared to a profit of HKD 2,249,000 in the same period last year[5] - For the nine months ended August 31, 2023, total revenue was HKD 19,389,000, down 64.1% from HKD 54,243,000 in the previous year[5] - The company incurred financing costs of HKD 941,000 for the nine months ended August 31, 2023, compared to HKD 1,238,000 in the same period of 2022[5] - The company recorded unaudited revenue of approximately HKD 6,025,000 for the three months ended August 31, 2023, a decrease of 60% compared to HKD 15,172,000 for the same period last year[17] - The unaudited net loss for the three months ended August 31, 2023, was approximately HKD 1,334,000, compared to an unaudited profit of HKD 2,249,000 for the same period last year[17] - The company’s total equity as of August 31, 2023, was HKD 17,527,000, down from HKD 25,129,000 a year earlier[15] Revenue Breakdown - The company’s software licensing and related services generated revenue of HKD 3,434,000 for the nine months ended August 31, 2023, a decrease of 13.4% from HKD 39,746,000 in the same period of 2022[10] - Maintenance services contributed HKD 9,096,000 in revenue for the nine months ended August 31, 2023, remaining relatively stable compared to HKD 9,120,000 in the previous year[10] - Revenue from software licensing, leasing, and related services accounted for approximately HKD 1,012,000 or 17% of total revenue[17] - Revenue from maintenance services was approximately HKD 2,727,000, representing 45% of total revenue[17] - Revenue from fintech resource services increased by 17% to approximately HKD 2,266,000 compared to HKD 1,936,000 in the same period last year[18] - Revenue from the sale of self-developed software was approximately HKD 3,739,000, while revenue from fintech resource services was approximately HKD 2,266,000, reflecting a 17% increase from approximately HKD 1,936,000 in the same period last year[26] Operating Expenses and Financial Management - The company’s operating expenses for the period were approximately HKD 3,729,000, a decrease of 35% from HKD 5,722,000 in the previous year[18] - Depreciation expenses for property, plant, and equipment were approximately HKD 38,000, remaining stable compared to HKD 40,000 in the same period last year[19] - The company has approximately HKD 38,209,000 in unutilized tax losses that can be carried forward indefinitely to offset future taxable profits[13] Strategic Focus and Growth Plans - The company continues to focus on expanding its software licensing and fintech resource services as part of its growth strategy[9] - The group plans to enhance its compliance technology solutions, particularly the FinReg system, to automate transaction monitoring and anti-money laundering compliance for clients[23] - The launch of abcWealthConnect, an asset management platform, aims to improve operational efficiency for clients in the external asset management services sector[25] - The group anticipates a gradual recovery of the overall economy in the second half of 2023, following the lifting of pandemic-related restrictions, which is expected to positively impact the growth of compliance technology solutions[22] - The group is actively engaging with potential clients to implement its compliance technology solutions and expand its customer base[22] - The financial technology resource services segment has seen stable growth, attributed to increased demand for recruitment services and successful client acquisitions[26] - The group recognizes the importance of regulatory compliance in the financial industry and is committed to investing more resources in its compliance technology solutions[25] - The overall industry outlook remains uncertain, heavily influenced by the recovery of the Hong Kong economy and the financial sector, with a focus on improving operational efficiency and driving revenue growth in 2023[27] - The company is committed to preparing for growth opportunities as market conditions improve[29] Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors[41] - The company is actively seeking suitable candidates to fill the vacancy left by the resignation of an independent non-executive director[42] - The Audit Committee held three meetings during the nine months ended August 31, 2023, to review the company's reports and financial statements[43] - The Audit Committee reviewed the unaudited performance for the three months ended August 31, 2023, and deemed it prepared in accordance with applicable accounting standards[43] - The company did not redeem any of its listed securities during the nine months ended August 31, 2023[44] - The company or its subsidiaries did not purchase or sell any of the company's listed securities during the reporting period[44] Shareholding Structure - As of August 31, 2023, Bravo Merit Management holds 355,949,933 shares, representing 74.81% of the issued share capital[37] - Non-Fabulous Consulting Limited holds 123,529,400 convertible preferred shares, accounting for 25.96% of the issued share capital[37] - Bravo agreed to acquire 355,949,933 ordinary shares for a total consideration of HKD 27,000,000, equivalent to approximately HKD 0.0759 per share[37] Research and Development - The company plans to enhance its research and development capabilities and improve the quality of its sales and marketing teams[29] - The sales and marketing teams will continue to maintain close business relationships with existing customers while exploring potential markets to boost sales performance[29] - The company emphasizes its 30 years of experience in providing diverse products and services to maintain market competitiveness[29]

abc Multiactive Limited 辰 罡 科 技 有 限 公 司 * （於百慕達註冊成立之有限公司） （股份代號：8131） 截至二零二三年八月三十一日止九個月 第三季度業績公告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板 上市的公司帶有較高投資風險。有意投資的人士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。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所主 板買賣之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高 流通量的市場。 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。 本公告乃根據聯交所《GEM證券上市規則》（「GEM上市規則」）之規定提供有關 abc Multiactive Limited（辰罡科技有限公司）（「本公司」）之資料。本公司董事共同 及個別對本公告承擔全部責任。本公司 ...

Financial Performance - For the three months and six months ended May 31, 2023, the unaudited revenue was HKD 7,053,000 and HKD 13,364,000, representing a decrease of 65.0% and 65.8% compared to HKD 20,151,000 and HKD 39,071,000 for the same periods in 2022[5]. - The unaudited net profit for the three months and six months ended May 31, 2023, was HKD 138,000 and a net loss of HKD 2,096,000, compared to a net profit of HKD 6,807,000 and HKD 11,033,000 for the same periods in 2022[5]. - The basic earnings per share for the three months and six months ended May 31, 2023, were HKD 0.03 and a loss of HKD 0.44, compared to HKD 1.43 and HKD 2.32 for the same periods in 2022[6]. - The company reported a gross profit of HKD 5,369,000 for the three months ended May 31, 2023, down 63.3% from HKD 14,635,000 for the same period in 2022[6]. - The company reported a loss before tax of HKD 2,096,000 for the six months ended May 31, 2023, compared to a profit of HKD 11,033,000 for the same period in 2022[17]. - The company reported a net loss of approximately HKD 2,096,000 for the six months ended May 31, 2023, compared to a profit of HKD 11,033,000 for the same period in 2022[29]. Assets and Liabilities - Total assets decreased from HKD 65,023,000 as of November 30, 2022, to HKD 53,378,000 as of May 31, 2023, a decline of 18.0%[7]. - Total liabilities decreased from HKD 44,066,000 as of November 30, 2022, to HKD 34,517,000 as of May 31, 2023, a decline of 21.6%[8]. - Total assets as of May 31, 2023, amounted to HKD 53,378,000, a decrease of 12.7% from HKD 61,141,000 in 2022[19]. - Total liabilities as of May 31, 2023, were HKD 34,517,000, down 9.3% from HKD 38,261,000 in 2022[19]. Cash Flow - The net cash generated from operating activities for the six months ended May 31, 2023, was HKD 1,000,000, compared to a cash outflow of HKD 28,508,000 for the same period in 2022[9]. - Cash and cash equivalents increased from HKD 7,674,000 at the beginning of the period to HKD 8,674,000 at the end of the period[9]. Revenue Breakdown - Revenue for the six months ended May 31, 2023, was HKD 13,364,000, down from HKD 39,071,000 for the same period in 2022, indicating a decline of approximately 65.8%[15]. - The revenue breakdown for the six months ended May 31, 2023, included HKD 2,422,000 from software licensing and related services, HKD 6,369,000 from maintenance services, and HKD 4,553,000 from fintech resource services[15]. - The financial solutions segment generated revenue of HKD 8,811,000 for the six months ended May 31, 2023, compared to HKD 35,674,000 in the same period of 2022, representing a decrease of approximately 75.7%[17]. - The financial technology resources segment achieved a revenue of HKD 4,553,000 for the six months ended May 31, 2023, up from HKD 3,397,000 in the same period of 2022, marking an increase of approximately 34%[17]. Expenses - Research and development expenses for the six months ended May 31, 2023, were HKD 2,339,000, compared to HKD 2,009,000 for the same period in 2022[6]. - The company incurred central administrative costs of HKD 4,285,000 for the six months ended May 31, 2023, compared to HKD 5,407,000 in the same period of 2022[17]. - Unaudited operating expenses for the period were approximately HKD 4,088,000, a decrease of 45% from HKD 7,404,000 in the same period last year[46]. - The unaudited total employee costs (excluding director remuneration) were approximately HKD 2,584,000, an increase of 14% from HKD 2,263,000 year-on-year[48]. Client and Market Dynamics - The company has not reported any new product launches or significant market expansion strategies during this period[5]. - The company had no customers contributing 10% or more to total revenue for the six months ended May 31, 2023, compared to two customers in 2022[23]. - The company’s major clients are primarily reputable financial institutions, with minimal instances of payment defaults noted in recent years[34]. - The company has been closely monitoring overdue trade receivables and has requested several clients to settle outstanding amounts[36]. - The company extended settlement periods for clients affected by the COVID-19 pandemic, providing flexibility and potentially increasing market competitiveness[33]. Product Development and Future Plans - The company launched a new product, "abcWealthConnect," aimed at enhancing efficiency in portfolio management and performance calculation, receiving positive feedback from clients[63]. - The company anticipates a gradual recovery in the overall economy in the second half of 2023, which is expected to restore growth momentum for its regulatory technology solutions[61]. - The company plans to invest more resources into enhancing its regulatory technology solutions to meet the increasing market demand for compliance services[62]. - The company aims to improve operational efficiency and drive revenue growth as its primary objectives for 2023, with expectations of benefits from new product development and marketing efforts[65]. - The company has successfully launched FinReg and customer review systems, achieving significant market recognition and becoming a milestone in regulatory technology solutions[66]. - The company aims to enhance its R&D capabilities and improve the quality of its sales and marketing teams to boost sales performance in 2023[67]. Governance and Compliance - The company held two meetings of the audit committee during the six months ended May 31, 2023, to review the financial reports and provide recommendations to the board[82]. - The company has adopted a code of conduct for securities trading that meets or exceeds the required standards, with no reported violations by directors during the six-month period[83]. - The company is preparing to recommend a new independent non-executive director to the board in the coming months, as all current independent non-executive directors have served for over nine years[87]. - The management provided quarterly updates to the board regarding the company's performance, financial condition, and outlook, including comprehensive financial statements[88]. Capital Structure - The company has issued convertible bonds amounting to HKD 29,699,876.20 with an initial conversion price of HKD 0.17 per share, potentially issuing up to 174,705,154 new ordinary shares[80]. - The company has issued 123,529,400 convertible preferred shares with the same conversion price, allowing for the issuance of up to 123,529,400 new ordinary shares upon conversion[80]. - The company issued a new promissory note of HKD 2,000,000 to provide sufficient working capital for development plans[41]. - As of May 31, 2023, the company's capital debt ratio was 0.65, compared to 0.63 in 2022[50].

abc Multiactive Limited 辰 罡 科 技 有 限 公 司 * （於百慕達註冊成立之有限公司） （股份代號：8131） 中期業績公告 截至二零二三年五月三十一日止六個月 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板 上市的公司帶有較高投資風險。有意投資的人士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。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所主 板買賣之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高 流通量的市場。 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。 本公告乃根據聯交所《GEM證券上市規則》（「GEM上市規則」）之規定提供有關 abc Multiactive Limited（辰罡科技有限公司）（「本公司」）之資料。本公司各董事共 同及個別對本公告承擔全部責任。本公司各 ...

Financial Performance - For the three months ended February 28, 2023, the company's revenue was HKD 6,311,000, a decrease of 66.7% compared to HKD 18,920,000 for the same period in 2022[5] - The gross profit for the same period was HKD 4,433,000, down 65.1% from HKD 12,701,000 year-on-year[5] - Operating loss for the quarter was HKD 1,923,000, compared to an operating profit of HKD 4,598,000 in the previous year[5] - The company reported a net loss attributable to owners of HKD 2,234,000, compared to a profit of HKD 4,226,000 in the same quarter last year[5] - Basic loss per share was HKD 0.47, compared to earnings of HKD 0.89 per share in the prior year[5] - The unaudited net loss for the period was approximately HKD 2,234,000, compared to an unaudited profit of HKD 4,226,000 for the same period last year[17] Revenue Breakdown - Revenue from software licensing and related services was HKD 1,112,000, down 92.1% from HKD 14,094,000 year-on-year[11] - Revenue breakdown for the period included approximately HKD 1,112,000 (18%) from software licensing and related services, HKD 2,600,000 (41%) from maintenance services, and HKD 2,599,000 (41%) from fintech resource services[22] - Revenue from fintech resource services increased to HKD 2,599,000, up 40.4% from HKD 1,850,000 in the previous year[11] - The company generated approximately HKD 2,599,000 in revenue from its fintech resource services for the three months ending February 28, 2023, representing a 40% increase from approximately HKD 1,850,000 in the same period last year[30] Operating Expenses - Total administrative expenses decreased to HKD 2,313,000 from HKD 2,728,000 year-on-year, reflecting a reduction of 15.3%[5] - Operating expenses for the period were approximately HKD 4,330,000, a decrease of 47% compared to HKD 8,102,000 for the same period last year[22] - The company incurred a fair value loss on financial assets of HKD 2,047,000 during the quarter[12] - The company experienced a 95% increase in depreciation expenses for property, plant, and equipment, totaling approximately HKD 41,000 compared to HKD 21,000 for the same period last year[23] Strategic Focus - The company is focusing on enhancing its regulatory technology solutions, which are expected to continue growing in 2023[26] - The company aims to enhance its regulatory technology solutions, recognizing the market potential and increasing resource investment to provide tailored solutions for financial institutions[29] - The company plans to focus on developing new WealthTech solutions to support the technology needs of wealth and asset management clients, aiming to improve efficiency in automated portfolio construction and performance calculation[29] - The company anticipates that its efforts in developing new products and marketing will yield benefits in 2023, with a focus on operational efficiency and revenue growth[31] - The company has successfully expanded its client base, with regulatory technology solutions generating ongoing revenue, marking an important milestone in its development[31] - The company will continue to adapt its business strategies to optimize its portfolio and explore profitable business opportunities to maximize shareholder value and sustainable growth[32] - The company is committed to enhancing its product offerings and maintaining market competitiveness through reliable, flexible, and innovative business solutions[31] Shareholder Information - Maximizer International Limited holds 71.35% of the company's issued share capital with 339,499,095 ordinary shares[41] - The company issued convertible bonds amounting to HKD 29,699,876.20 with a conversion price of HKD 0.17 per share, potentially resulting in 174,705,154 new ordinary shares[45] - The company issued 123,529,400 convertible preferred shares with the same conversion price of HKD 0.17 per share, potentially resulting in 123,529,400 new ordinary shares[45] - DGM Trust Corporation, as trustee, holds 74.81% of the company's issued share capital through its ownership of Maximizer International Limited and Pacific East Limited[41] - The company has not recorded any short positions in its shares by other individuals or major shareholders[43] Audit and Compliance - The audit committee reviewed the unaudited performance for the three months ending February 28, 2023, and found it to be prepared in accordance with applicable accounting standards[47] - The audit committee held one meeting during the reporting period to review the company's reports and financial statements[46] - The company is currently evaluating the impact of new accounting standards but has not identified any significant effects on its financial performance[9] - The company did not make any provisions for impairment of trade receivables during the period[24] - The company did not recommend the payment of an interim dividend for the three months ended February 28, 2023[21] - No purchase, sale, or redemption of listed securities occurred during the three months ending February 28, 2023[48] - The company has no knowledge of any other interests that need to be recorded in the register according to the Securities and Futures Ordinance[44]

abc Multiactive Limited 辰 罡 科 技 有 限 公 司 * （於百慕達註冊成立之有限公司） （股份代號：8131） 截至二零二三年二月二十八日止三個月 第一季業績公告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交 所上市的公司帶有較高投資風險。有意投資的人士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。 由於GEM上市之公司主要為中小型公司，在GEM買賣之證券可能會較於聯交所 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。 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。 本公告乃根據聯合交易所《GEM證券上市規則》（「GEM上市規則」）之規定提供 有關abc Multiactive Limited（辰罡科技有限公司）（「本公司」）之資料。本公司各董 事共同及個別對本公告承擔全部責任 ...