Stream Ideas Group Limited 源想集團有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8401) 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 年 度 業 績 公 告 香 港 聯 合 交 易 所 有 限 公 司(「聯 交 所」)GEM的 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 的 潛 在 風 險,並 應 經 過 審 慎 周 詳 的 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 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 聯 交 所 對 本 公 告 的 內 容 概 不 負 ...

Financial Performance - The group's unaudited revenue for the nine months ended December 31, 2022, was approximately HKD 10,975,000, a decrease of about 20.1% compared to HKD 13,741,000 for the same period last year[11]. - The group's unaudited gross profit decreased from approximately HKD 5,156,000 to approximately HKD 4,167,000, a reduction of about HKD 989,000 or 19.2%[11]. - The group recorded an unaudited loss of approximately HKD 11,848,000 for the relevant period, compared to a loss of approximately HKD 8,108,000 in the previous period, an increase in loss of about HKD 3,740,000[11]. - The company's revenue decreased from approximately HKD 13,741,000 to HKD 10,975,000, a decline of about 20.1%, primarily due to reduced sales in Hong Kong[20]. - The net loss for the relevant period was approximately HKD 11,848,000, compared to a net loss of HKD 8,108,000 in the previous period, attributed to decreased revenue and increased other losses[27]. - Operating loss increased to HKD 11,731,000, compared to HKD 7,950,000 in the prior year, reflecting a 47.5% increase in losses[41]. - The net loss for the period was HKD 11,848,000, compared to HKD 8,108,000 in the same period last year, representing a 46.5% increase in losses[41]. - The company reported a basic and diluted loss per share of HKD 0.06, compared to HKD 0.04 in the previous year[41]. - The company incurred a loss attributable to equity shareholders of HKD 11,848,000 for the nine months ended December 31, 2022, compared to a loss of HKD 8,108,000 for the same period in 2021, representing an increase in loss of approximately 46%[56]. - The basic and diluted loss per share for the nine months ended December 31, 2022, was HKD 0.06, compared to HKD 0.04 in 2021, reflecting an increase in loss per share of 50%[56]. Revenue Sources - Approximately 70.3% of the group's revenue came from Hong Kong clients, while about 22.3% came from Taiwan clients, indicating a shift in revenue sources[14]. - Revenue from Hong Kong decreased by approximately 23.3% to about HKD 7,712,000 from HKD 10,058,000 in the previous period[15]. - Taiwan's revenue slightly increased to approximately HKD 2,448,000 from HKD 2,422,000, despite a challenging operating environment[16]. - Total revenue from Southeast Asia was approximately HKD 815,000, down from HKD 1,261,000 in the previous year, highlighting ongoing challenges in the region[17]. - For the nine months ended December 31, 2022, the company reported revenue of HKD 10,975,000, a decrease of 20.3% compared to HKD 13,741,000 for the same period in 2021[41]. - The company reported a decrease in revenue from Hong Kong, which was HKD 7,712,000 for the nine months ended December 31, 2022, compared to HKD 10,058,000 in 2021, a decline of approximately 23%[51]. Cost and Expenses - Service costs fell by approximately 20.7% from HKD 8,585,000 to HKD 6,808,000, consistent with the decrease in sales[21]. - Administrative and other operating expenses increased by approximately 11.9% from HKD 8,717,000 to HKD 9,751,000, mainly due to increased foreign exchange losses[25]. - Employee costs, including directors' remuneration, were HKD 9,330,000 for the nine months ended December 31, 2022, slightly up from HKD 9,207,000 in 2021, an increase of about 1.3%[53]. - The company's total comprehensive expenses for the nine months ended December 31, 2022, amounted to HKD 11,158,000, compared to HKD 8,338,000 in 2021, an increase of approximately 34%[43]. Strategic Plans - The company plans to withdraw from the Singapore market and focus resources on Malaysia, Indonesia, and the Philippines to better meet customer needs[17]. - The company continues to adjust its service offerings to meet customer demands amid increasing competition and an unstable economic environment[15]. - The company plans to recruit more talent to strengthen its team, particularly in business development, to better meet the evolving needs of existing and potential clients[18]. - The company aims to diversify its membership base across different segments, such as age groups and interests, to attract more customers[18]. - The company anticipates a recovery in the advertising industry and aims to leverage its experienced sales team and strong client relationships to boost sales[18]. Other Financial Information - Other net losses amounted to approximately HKD 1,086,000, compared to other income of approximately HKD 934,000 in the previous period, primarily due to fair value losses on UBS financial products[23]. - The company recorded a fair value loss on financial assets of HKD 1,378,000 for the nine months ended December 31, 2022, compared to a gain of HKD 822,000 in 2021, indicating a significant negative shift[52]. - The company has not issued, exercised, or cancelled any share options under its share option scheme as of December 31, 2022[38]. - There were no purchases, sales, or redemptions of the company's listed securities during the relevant period[34]. - The company has complied with all corporate governance codes except for the separation of the roles of Chairman and CEO, which are currently held by three executive directors[35]. - The audit committee has reviewed the unaudited condensed consolidated financial statements and confirmed compliance with applicable accounting standards and GEM listing rules[40]. - There were no securities trading violations by the directors during the relevant period[37]. - For the nine months ended December 31, 2022, the company reported a total equity of HKD 22,343,000, a decrease from HKD 38,505,000 for the same period in 2021, reflecting a decline of approximately 42%[43].

香港聯合交易所有限公司（「聯交所」）GEM的特色 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的潛在風險，並應經過審慎周詳的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聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表 示概不就因本報告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本報告包括的資料乃遵照聯交所的GEM證券上市規則（「GEM上市規則」）的規定而提供有關源想集團有限公司（「本 公司」）及其附屬公司（統稱「本集團」）的資料。本公司董事（「董事」）願就本報告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，就彼等所知及所信，本報告所載資料在各重大方面均屬準確完整，且無誤導或欺騙成份， 及本報告並無遺漏其他事項，致使本報告所載任何陳述或本報告產生誤導。 1 源想集團有限公司 • 2020-2021年 ...

2020 2020 中期報告 本報告包括的資料乃遵照聯交所的GEM證券上市規則（「GEM上市規則」）的規定而提供有關源想集團有限 公司（「本公司」）及其附屬公司（統稱「本集團」）的資料。本公司董事（「董事」）願就本報告共同及個別承擔 全部責任。董事在作出一切合理查詢後確認，就彼等所知及所信，本報告所載資料在各重大方面均屬準確 完整，且無誤導或欺騙成份，及本報告並無遺漏其他事項，致使本報告或當中所載任何陳述產生誤導。 1 源想集團有限公司 • 2020 年中期報告 目錄 | 公司資料 | 3 | | --- | --- | | 財務摘要 | 4 | | 管理層討論及分析 | 5 | | 其他資料 | 14 | | 截至二零二零年九月三十日止六個月之未經審核簡明綜合損益及其他全面收益表 | 20 | | 於二零二零年九月三十日之未經審核簡明綜合財務狀況表 | 21 | | 截至二零二零年九月三十日止六個月之未經審核簡明綜合權益變動表 | 22 | | 截至二零二零年九月三十日止六個月之未經審核簡明綜合現金流量表 | 23 | | 未經審核簡明綜合財務報表附註 | 24 | 源想集團有限公司 • 2020 年中期報 ...

2020 2020 第一季度業績報告 FIRST QUARTERLY REPORT 香港聯合交易所有限公司（「聯交所」）GEM 的特色 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的潛在風險，並應經過審慎周詳的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聯交所對本報告的內容概不負責，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報告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本報告包括的資料乃遵照聯交所的GEM證券上市規則（「GEM上市規則」）的規定而提供有關源想集團有限 公司（「本公司」）及其附屬公司（統稱「本集團」）的資料。本公司董事（「董事」）願就本報告共同及個別承擔 全部責任。董事在作出一切合理查詢後確認，就彼等所知及所信，本報告所載資料在各重大方面均屬準確 完整，且無誤導或欺騙成份，及本報告並無遺漏其他事項 ...

Financial Performance - The group's revenue for the year ended March 31, 2020, was approximately HKD 24,907,000, a decrease of 11.6% compared to the previous year[8] - The gross profit decreased from HKD 18,900,000 in the previous year to approximately HKD 13,348,000, a reduction of about HKD 5,552,000 or 29.4%[8] - The group reported a loss of approximately HKD 5,341,000 for the year, compared to a profit of HKD 5,372,000 in the previous year, a decrease of about HKD 10,713,000[8] - The company did not recommend the payment of any dividends for the relevant year[8] - The company's revenue decreased by approximately 11.6% to about HKD 24,907,000 for the year, down from HKD 28,174,000 in 2019[13] - Gross profit after the allocation of JAG points fell by about 29.4% to approximately HKD 13,348,000, compared to HKD 18,900,000 in 2019[13] - The company recorded a loss of approximately HKD 5,341,000 for the year, compared to a profit of HKD 5,372,000 in 2019[13] - Revenue from Hong Kong increased by approximately 1.6% to about HKD 14,665,000, up from HKD 14,428,000 in the previous year[15] - Revenue from Taiwan decreased to approximately HKD 7,572,000, down from HKD 10,439,000 in 2019, reflecting a significant decline[16] - Southeast Asia's total revenue decreased from approximately HKD 3,307,000 to HKD 2,670,000, impacted by increased competition and the pandemic[17] Membership Growth - The total membership approached 1 million by the end of the relevant year, benefiting from increased consumer demand for entertainment during the pandemic[11] - Membership numbers increased by approximately 52%, rising from about 641,000 to approximately 975,000 during the year[20] Strategic Initiatives - The group expanded its Southeast Asia strategy, successfully recruiting over 100,000 members in both the Philippines and Indonesia within the fiscal year[10] - The company revamped its website to better highlight core services and enhance sales capabilities[10] - The company plans to strengthen its talent pool and explore growth-driven partnerships and acquisition opportunities in the online advertising sector[11] - The company expects to enhance its sales through a well-experienced sales team and strong relationships with reputable clients in various industries[19] - Future strategies include sponsoring advertising-related awards to reach a broader potential customer base and enhance overall profitability[19] Cost Management - Service costs increased by approximately 24.6% to about HKD 11,559,000 from approximately HKD 9,274,000 in the previous year[31] - Selling and distribution costs rose by approximately 56.1% to about HKD 5,893,000 from approximately HKD 3,776,000 in the previous year, attributed to increased employee numbers and advertising expenses[33] - Administrative and other operating expenses increased by approximately 47.0% to about HKD 14,201,000 from approximately HKD 9,661,000 in the previous year, mainly due to higher employee salaries and director remuneration[34] Financial Position - As of March 31, 2020, the total assets of the group were approximately HKD 66,321,000, a decrease from HKD 72,499,000 in 2019, with total liabilities and equity at approximately HKD 9,838,000 and HKD 56,483,000 respectively[38] - The current ratio as of March 31, 2020, was 5.9 times, down from 6.7 times in 2019, indicating a decrease in liquidity[38] - Capital expenditures for the year ended March 31, 2020, totaled approximately HKD 2,683,000, significantly higher than HKD 942,000 in 2019, primarily for property, plant, equipment, and intangible assets[39] - The group had no significant contingent liabilities as of March 31, 2020, and maintained a debt ratio of zero, as there were no bank borrowings during the year[40][41] Risk Management - The group has identified key risks including reliance on advertising agency relationships and potential currency fluctuations, with measures in place to mitigate these risks[53][55] - The company emphasizes the importance of maintaining a robust risk management system to protect shareholder interests and assets[184] - The company has established procedures to identify, assess, and manage significant risks, ensuring the effectiveness and adequacy of its risk management and internal control systems as of March 31, 2020[186] Corporate Governance - The board consists of seven members, including four executive directors and three independent non-executive directors, complying with GEM listing rules[148] - The company has established corporate governance practices based on the GEM listing rules, ensuring transparency and accountability[142] - The company has engaged a compliance advisor, with the term starting from the listing date until the financial results of the second full fiscal year are reported[136] - The company has established a remuneration committee, audit committee, and nomination committee to oversee various corporate matters[162] Environmental, Social, and Governance (ESG) - The group is committed to operating in compliance with applicable environmental laws and minimizing negative impacts on the environment[92] - The company has a dedicated ESG working group that regularly reports to the board to assess and identify ESG-related risks and internal control systems[198] - The company has committed to sustainable development initiatives and plans to expand its disclosure scope regarding ESG performance in the future[199]

香港聯合交易所有限公司（「聯交所」）GEM的特色 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的潛在風險，並應經過審慎周詳的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聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明 確表示概不就因本報告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本報告包括的資料乃遵照聯交所的GEM證券上市規則（「GEM上市規則」）的規定而提供有關源想集團有限公司 （「本公司」）及其附屬公司（統稱「本集團」）的資料。本公司董事（「董事」）願就本報告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，就彼等所知及所信，本報告所載資料在各重大方面均屬準確完整，且無誤導 或欺騙成份，及本報告並無遺漏其他事項，致使本報告或當中所載任何陳述產生誤導。 1 源想集團有限公司 • 2019年第三季度業 ...

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聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明 確表示概不就因本報告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本報告包括的資料乃遵照聯交所的GEM證券上市規則（「GEM上市規則」）的規定而提供有關源想集團有限公司 （「本公司」）及其附屬公司（統稱「本集團」）的資料。本公司董事（「董事」）願就本報告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，就彼等所知及所信，本報告所載資料在各重大方面均屬準確完整，且無誤導 或欺騙成份，及本公告並無遺漏其他事項，致使本報告或當中所載任何陳述產生誤導。 香港聯合交易所有限公司（「聯交所」）GEM的特色 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的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 1 源想集團有限公司 • 2019年中期業績報 ...

[Company Information](index=4&type=section&id=Company%20Information) This report details Source Network Group Limited's core information, including board members, committees, offices, auditors, legal advisors, and principal bankers - The report provides comprehensive details on Source Network Group Limited's core company information, including its board members, committee compositions, principal offices, auditors, legal advisors, and principal bankers[7](index=7&type=chunk)[8](index=8&type=chunk) [Financial Highlights](index=5&type=section&id=Financial%20Highlights) The company achieved revenue growth in Q1 2019, with a slight decrease in gross profit, and narrowed net loss due to increased interest income Financial Highlights for the Three Months Ended June 30, 2019 | Metric | Q1 2019 (HKD) | Q1 2018 (HKD) | Y-o-Y Change | | :--- | :--- | :--- | :--- | | Unaudited Revenue | Approx. 5,769,000 | Approx. 5,530,000 | +4.3% | | Unaudited Gross Profit | Approx. 3,514,000 | Approx. 3,577,000 | -1.8% | | Unaudited Loss | Approx. 22,000 | Approx. 49,000 | -55.1% | | Proposed Dividend | Not Distributed | N/A | - | - The company achieved revenue growth in Q1 2019, but gross profit slightly decreased, while net loss narrowed year-over-year due to increased interest income[11](index=11&type=chunk) [Management Discussion and Analysis](index=6&type=section&id=Management%20Discussion%20and%20Analysis) This section provides an overview of the group's business performance, future strategies, and financial results for the period [Business Review](index=6&type=section&id=Business%20Review) The Group's Q1 2019 revenue grew **4.3%** to **HKD 5.77 million**, driven by strong Hong Kong business growth, partially offset by Taiwan's decline and new accounting standards, with gross profit slightly down **1.8%** and period loss narrowing to **HKD 22 thousand** - The company's core business is providing online advertising services, including viral marketing, interactive engagement, and mass blogging services, primarily in Hong Kong, Taiwan, Malaysia, and Singapore[12](index=12&type=chunk) [Geographical Market Performance](index=6&type=section&id=Geographical%20Market) Hong Kong market became the primary revenue source, increasing its share from **39.7%** to **65.9%** with **72.9%** year-over-year growth, while Taiwan's share decreased from **50.7%** to **24.3%** Revenue Contribution by Region | Region | Q1 2019 Revenue Share | Q1 2018 Revenue Share | | :--- | :--- | :--- | | Hong Kong | 65.9% | 39.7% | | Taiwan | 24.3% | 50.7% | | Malaysia and Singapore | 9.8% | 9.5% | - Hong Kong market revenue increased **72.9%** year-over-year to **HKD 3.8 million**, primarily due to a lower base in the prior year period[14](index=14&type=chunk) - Taiwan market revenue decreased to **HKD 1.403 million** due to intensified competition and the impact of new accounting standards[15](index=15&type=chunk) - Malaysia's member count grew **47.4%** to **129,283**, becoming a core driver for other market growth, while Singapore's member base and revenue were below expectations[16](index=16&type=chunk) [Business Outlook](index=7&type=section&id=Outlook) The Group anticipates increased competition in online advertising but is confident in its market position due to its large member base, strong client relationships, and proprietary platform, planning to expand into Southeast Asia and enhance profitability through talent acquisition and new opportunities - Future strategic priorities include replicating Malaysia's success model across Southeast Asia, recruiting business development talent, exploring new opportunities like sponsoring advertising awards to reach potential clients, and diversifying the member base to attract more customers[18](index=18&type=chunk) [Financial Review](index=7&type=section&id=Financial%20Review) This quarter's financial performance shows revenue growth but a slight gross profit decline, with increased service costs and sales/administrative expenses, while income tax significantly decreased, leading to a narrowed net loss due to higher interest income Key Financial Item Changes | Item | Q1 2019 (HKD thousands) | Q1 2018 (HKD thousands) | Y-o-Y Change | Primary Reason | | :--- | :--- | :--- | :--- | :--- | | Revenue | 5,769 | 5,530 | +4.3% | Hong Kong sales growth | | Cost of Services | 2,255 | 1,953 | +15.5% | Increase in system maintenance costs | | Gross Profit | 3,514 | 3,577 | -1.8% | - | | Selling and Distribution Costs | 942 | 877 | +7.4% | Increase in staff headcount and promotional expenses | | Administrative and Other Operating Expenses | 2,905 | 2,613 | +11.2% | Increase in staff salaries, directors' emoluments, and professional fees | | Income Tax | 41 | 233 | -82.4% | Decrease in taxable profits of subsidiaries | | Loss for the Period | 22 | 49 | -55.1% | Increase in interest income | [Other Information](index=9&type=section&id=Other%20Information) This section covers directors' and major shareholders' interests, corporate governance practices, and other key disclosures for the period [Directors' and Major Shareholders' Interests](index=9&type=section&id=Directors'%20Interests%20in%20Shares%2C%20Related%20Shares%20and%20Debentures%20of%20the%20Company%20and%20its%20Associated%20Corporations) As of June 30, 2019, Executive Directors Ms. Zhang Li, Mr. Luo Jiajian, and Mr. Li Yongliang collectively held **57.14%** of the company's shares through controlled corporations, with Non-Executive Director Mr. Lin Hongyuan holding **17.36%** through Create City Financial Group Limited Directors' Shareholding (June 30, 2019) | Director Name | Capacity/Nature of Interest | Number of Shares Held | Approximate Percentage of Issued Share Capital | | :--- | :--- | :--- | :--- | | Ms. Zhang Li | Interest in controlled corporation; jointly held with others | 114,280,000 | 57.14% | | Mr. Luo Jiajian | Interest in controlled corporation; jointly held with others | 114,280,000 | 57.14% | | Mr. Li Yongliang | Interest in controlled corporation; jointly held with others | 114,280,000 | 57.14% | | Mr. Lin Hongyuan | Interest in controlled corporation | 34,720,000 | 17.36% | Major Shareholders' Shareholding (June 30, 2019) | Shareholder Name | Capacity/Nature of Interest | Number of Shares Held | Approximate Percentage of Issued Share Capital | | :--- | :--- | :--- | :--- | | Source Network Investment Limited | Beneficial interest | 114,280,000 | 57.14% | | Create City Financial Group Limited | Investment manager | 34,720,000 | 17.36% | | Create City Macro Growth Fund | Beneficial interest | 34,720,000 | 17.36% | [Corporate Governance](index=11&type=section&id=Corporate%20Governance%20Code) During the reporting period, the company complied with GEM Listing Rules' Corporate Governance Code, with one deviation where the Chairman and Chief Executive roles were jointly performed by three executive directors, deemed effective by the Board - The company deviated from Corporate Governance Code Provision A.2.1, which requires separation of Chairman and Chief Executive roles, explaining that these responsibilities are jointly undertaken by the three founding executive directors for efficient decision-making[38](index=38&type=chunk) [Other Disclosures](index=11&type=section&id=Other%20Disclosures) During the period, the company and its subsidiaries did not engage in any purchase, sale, or redemption of listed securities, all directors complied with securities trading codes, no share options were granted, and the Audit Committee reviewed the quarterly financial statements - As of June 30, 2019, and the report date, the company had not granted, exercised, lapsed, or cancelled any share options under its share option scheme[41](index=41&type=chunk) - The Audit Committee, comprising three independent non-executive directors, reviewed the unaudited condensed consolidated financial statements for the quarter and deemed them compliant with applicable accounting standards and disclosure requirements[44](index=44&type=chunk) [Unaudited Condensed Consolidated Financial Statements](index=13&type=section&id=Unaudited%20Condensed%20Consolidated%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements, including the statement of profit or loss and other comprehensive income, and the statement of changes in equity [Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=13&type=section&id=Unaudited%20Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) For the three months ended June 30, 2019, the company recorded **HKD 5.769 million** in revenue and **HKD 3.514 million** in gross profit, resulting in a loss for the period of **HKD 22 thousand** and basic/diluted loss per share of **HKD 0.01** Results for the Three Months Ended June 30, 2019 (Unaudited) | Item | Amount (HKD thousands) | | :--- | :--- | | Revenue | 5,769 | | Gross Profit | 3,514 | | Profit Before Tax | 19 | | Income Tax | (41) | | **Loss for the Period** | **(22)** | | Total Comprehensive Income for the Period | (29) | | Basic and Diluted Loss Per Share (HKD) | (0.01) | [Consolidated Statement of Changes in Equity](index=14&type=section&id=Unaudited%20Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) As of April 1, 2019, total equity was **HKD 61.803 million**, which decreased to **HKD 61.774 million** by June 30, 2019, due to a **HKD 22 thousand** loss for the period and exchange differences Summary of Equity Changes (Q1 2019) | Item | Amount (HKD thousands) | | :--- | :--- | | Balance as at April 1, 2019 | 61,803 | | Loss for the Period | (22) | | Other Comprehensive Income (Exchange Differences) | (7) | | **Balance as at June 30, 2019** | **61,774** | [Notes to the Financial Statements](index=15&type=section&id=Notes%20to%20the%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) This section provides detailed notes to the unaudited condensed consolidated financial statements, covering company information, accounting policies, revenue segmentation, and specific financial items [Notes 1-2: Company Information and Basis of Preparation](index=15&type=section&id=1%20General%20Information%20%26%202%20Basis%20of%20Preparation%20of%20Financial%20Statements) Source Network Group Limited, an investment holding company registered in the Cayman Islands, primarily provides online advertising services, with its quarterly financial statements prepared under Hong Kong Financial Reporting Standards and reviewed by the Audit Committee - The Group primarily engages in providing online advertising services[49](index=49&type=chunk) - The financial statements have been prepared in accordance with Hong Kong Financial Reporting Standards and applicable disclosure provisions of the GEM Listing Rules[50](index=50&type=chunk) [Note 3: Revenue and Segment Information](index=15&type=section&id=3.%20Revenue%20and%20Segment%20Information) The Group operates in a single reportable segment of online advertising services, with Hong Kong being the largest revenue source at **HKD 3.8 million**, accounting for approximately **66%** of total revenue, while Taiwan contributed **HKD 1.403 million** Revenue from External Customers by Region (For the Three Months Ended June 30) | Region | 2019 (HKD thousands) | 2018 (HKD thousands) | | :--- | :--- | :--- | | Hong Kong | 3,800 | 2,198 | | Taiwan | 1,403 | 2,806 | | Other | 566 | 526 | | **Total** | **5,769** | **5,530** | [Notes 4-6: Other Income, Loss Before Tax, and Income Tax](index=16&type=section&id=4.%20Other%20Income%20%26%205.%20Loss%20Before%20Tax%20%26%206.%20Income%20Tax) This quarter's other income primarily comprised **HKD 352 thousand** in interest income, with key pre-tax loss components including **HKD 2.61 million** in staff costs and **HKD 50 thousand** in auditor's remuneration, and income tax expense totaling **HKD 41 thousand** mainly from non-Hong Kong jurisdictions - Other income primarily consisted of interest income, increasing from **HKD 96 thousand** in the prior year period to **HKD 352 thousand**[55](index=55&type=chunk) - Staff costs, including directors' emoluments, were the largest expense item at **HKD 2.61 million**, a significant increase from **HKD 1.435 million** in the prior year period[56](index=56&type=chunk) - Income tax expense for the quarter was **HKD 41 thousand**, comprising **HKD 18 thousand** for Hong Kong profits tax provision, **HKD 121 thousand** for other jurisdictions, and a **HKD 98 thousand** deferred tax credit[58](index=58&type=chunk) [Notes 7-8: Loss Per Share and Dividends](index=17&type=section&id=7.%20Loss%20Per%20Share%20%26%208.%20Dividends) For the three months ended June 30, 2019, the company's loss attributable to equity holders was **HKD 22 thousand**, resulting in basic and diluted loss per share of **HKD 0.01** based on **200 million** weighted average ordinary shares, with no dividend proposed for the quarter Loss Per Share Calculation | Item | Q1 2019 | Q1 2018 | | :--- | :--- | :--- | | Loss for the Period Attributable (HKD thousands) | (22) | (49) | | Weighted Average Number of Ordinary Shares in Issue (thousands) | 200,000 | 200,000 | | **Basic and Diluted Loss Per Share (HKD)** | **(0.01)** | **(0.02)** | - The Group does not recommend the payment of any dividend for the three months ended June 30, 2019[61](index=61&type=chunk)

Stream Ideas Group Limited 源想集 團 有限公 司 （於開曼群島註冊成立的有限公司） 股份代號：8401 年度報告 2018-2019 ANNUAL REPORT 2018-2019 Stock Code: 8401 Stream Ideas Group Limited 源想集 團 有限公 司 (Incorporated in the Cayman Islands with limited liability) ANNUAL REPO R T 2018-2019 年度報 告 S t o u p Limit rea m Ide a s G r e d 源想集 團 有限公 司 香港聯合交易所有限公司（「聯交所」）GEM的特色 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的潛在風險，並應經過審慎周詳的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 ...