Workflow
BeLive Holdings(BLIV)
icon
Search documents
BeLive Holdings(BLIV) - 2024 Q4 - Annual Report
2025-05-15 20:22
Business Strategy and Market Position - The company launched a social streaming mobile application in 2014 and shifted focus to live commerce solutions in 2018, targeting international retail companies[146]. - The company aims to be an industry leader in technology solutions for live commerce and shoppable short videos, enhancing customer engagement and business performance[147]. - The live commerce and shoppable short videos market has seen unprecedented growth due to the COVID-19 pandemic, creating new business opportunities for retailers[158]. - The company aims to expand its market presence by investing in R&D and enhancing its product portfolio to meet diverse customer needs across various industries[196][205]. - The company plans to enhance and expand its BeLive Solution offerings by integrating new functionalities to increase user engagement and improve overall user experience[217]. - The company aims to adapt to changing market conditions and customer requirements, targeting sectors such as broadcasting, media, advertising, real estate, education, and finance for expansion[218]. Product Offerings and Features - BeLive Solutions include an enterprise-grade White Label Solution and a cloud-based SaaS Solution, enabling customers to integrate live commerce features into their platforms[160][172]. - The BeLive SaaS Solution was launched in 2022 and can be deployed to customer platforms in less than 24 hours, offering low ownership costs by avoiding significant upfront investments[172][173]. - Revenue streams from BeLive White Label Solutions include customization and integration fees, licensing and maintenance fees, and usage fees based on hourly usage[171][177]. - The company provides interactive features such as likes, shares, comments, and polling to enhance viewer engagement during live streams and shoppable short videos[181]. - New features such as loyalty rewards and virtual gifting are being integrated into the BeLive White Label Solutions to enhance user engagement and monetization[184][185]. - The audience sentiment engine, developed in collaboration with AI Singapore, provides insights into viewer sentiment and enhances the effectiveness of live streams[210]. Financial Performance - For the year ended December 31, 2024, the company's revenue was S$1,849,509, a decrease of 40.1% from S$3,090,361 in 2023 and a decrease of 56.1% from S$4,189,838 in 2022[327]. - The gross profit for the year ended December 31, 2024, was S$962,779, down 43.2% from S$1,698,438 in 2023 and down 62.7% from S$2,581,057 in 2022[327]. - The company reported a loss before tax of S$5,507,764 for the year ended December 31, 2024, compared to a loss of S$2,094,169 in 2023 and a profit of S$1,641,103 in 2022[327]. - The total comprehensive loss for the year ended December 31, 2024, was S$5,500,280, compared to a loss of S$2,095,832 in 2023 and a profit of S$1,634,851 in 2022[327]. - The ability to manage costs effectively remains a critical factor for the company's financial performance, particularly in controlling server and technology infrastructure expenses[325]. Customer Insights and Engagement - Customers contributing over 10% of total revenue accounted for approximately 63% in 2023 and 79% in 2024, with Customer A contributing 31% in 2023 and 0% in 2024[198]. - The number of new customers accounted for 54% of total customers in 2024, compared to 28% in 2023 and 64% in 2022, indicating a shift in customer acquisition strategy[318]. - The BeLive White Label Solution contributed approximately 30% of total revenue in 2024, up from 19% in 2023 and 28% in 2022, reflecting increased demand for customized solutions[323]. - The company aims to enhance viewer engagement through advanced analytics tools, which are crucial for improving customer satisfaction and retention[320]. Research and Development - The company has invested significantly in R&D, focusing on video and live streaming technologies, big data analytics, and AI to enhance user experience and solution effectiveness[207]. - Advancements in video and live streaming technologies are prioritized, focusing on personalized recommendations, content analytics, and improvements in video quality and latency[219]. - Strategic alliances with technology entities and marketing agencies are being leveraged to expand customer acquisition and integrate advanced technologies into solutions[212]. Operational Challenges and Adaptations - The company has adapted internal processes to mitigate operational disruptions caused by COVID-19, ensuring all employees are fully vaccinated[295]. - Vietnam experienced five major waves of COVID-19 infections, leading to significant operational disruptions during 2020 and 2021[295]. - The company anticipates that the future impact of COVID-19 will depend on various factors, including vaccine distribution and government actions[298]. Regulatory and Compliance - The company maintains liability insurance for injuries and property damage but does not have business interruption insurance, which is customary in the industry[241]. - The Workplace Safety and Health Act 2006 mandates employers to ensure a safe work environment, with fines up to S$500,000 for breaches[246]. - The Work Injury Compensation Act 2019 requires employers to compensate employees for work-related injuries, covering medical expenses and lump sum compensation[253]. - The PDPA imposes fines up to SGD1 million for organizations violating personal data protection regulations, with significant penalties for individuals as well[264]. - Vietnam's new Decree No. 13/2023 on personal data protection imposes significant obligations on entities handling personal data, effective from July 1, 2023[281]. Market Competition - The company faces competition from similar service providers, with some competitors having greater financial and technological resources, which could impact its market position[236]. - The company has established a strong reputation in the industry since 2018, benefiting from extensive domain-specific data to optimize its solutions continuously[203]. - The company has developed stable relationships with major customers since 2018, which has been a key driver for utilizing its BeLive Solutions[215].
BeLive Holdings(BLIV) - Prospectus(update)
2025-03-25 10:18
As filed with the U.S. Securities and Exchange Commission on March 25, 2025. Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 9 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classifi ...
BeLive Holdings(BLIV) - Prospectus(update)
2025-02-25 15:18
As filed with the U.S. Securities and Exchange Commission on February 25, 2025. Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 8 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Class ...
BeLive Holdings(BLIV) - Prospectus(update)
2025-02-19 11:03
As filed with the U.S. Securities and Exchange Commission on February 18, 2025. Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 7 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Class ...
BeLive Holdings(BLIV) - Prospectus(update)
2025-01-21 11:27
As filed with the U.S. Securities and Exchange Commission on January 21, 2025. Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 6 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classi ...
BeLive Holdings(BLIV) - Prospectus(update)
2024-11-07 16:31
As filed with the U.S. Securities and Exchange Commission on November 7, 2024. Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 5 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classi ...
BeLive Holdings(BLIV) - Prospectus(update)
2024-10-30 10:20
As filed with the U.S. Securities and Exchange Commission on October 30, 2024. (Exact name of registrant as specified in its charter) Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 4 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classi ...
BeLive Holdings(BLIV) - Prospectus(update)
2024-10-03 10:16
As filed with the U.S. Securities and Exchange Commission on October 2, 2024. Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 3 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classif ...
BeLive Holdings(BLIV) - Prospectus(update)
2024-08-27 16:34
As filed with the U.S. Securities and Exchange Commission on August 27, 2024. Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 2 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classif ...
BeLive Holdings(BLIV) - Prospectus(update)
2024-08-15 19:39
As filed with the U.S. Securities and Exchange Commission on August 15, 2024. Registration No. 333-280739 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BeLive Holdings (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classif ...