Company Performance - For the year ended November 30, 2023, total revenue was HK$20,539,218 (US$2,630,030), a significant increase from HK$14,331,576 in 2022 [222]. - Net income for the year ended November 30, 2023, was HK$4,068,979 (US$521,029), compared to HK$3,479,011 in 2022 [222]. - Financial PR services revenue constituted 85% of total revenues for the year ended November 30, 2023, amounting to HK$15,427,899 (US$1,975,530), up 16% from HK$13,248,243 in 2022 [223]. - Project-based financial PR services revenue increased by 140% to HK$2,607,555 (US$333,895) for the year ended November 30, 2023, following the lifting of COVID-19 restrictions [226]. Expenses and Costs - Staff costs for the year ended November 30, 2023, amounted to HK$3,160,163 (US$404,656), up from HK$2,096,145 in 2022 [215]. - Direct cost of revenues increased by HK$2,013,179, or 80.78%, from HK$2,492,304 for the year ended November 30, 2022 to HK$4,505,483 (US$576,923) for the year ended November 30, 2023, mainly due to the increase in staff costs and employee compensation [230]. - Total selling expenses increased to HK$3,276,562 (US$419,561) for the year ended November 30, 2023, up from HK$957,546 in 2022, representing a significant increase of 242.5% [231]. - Entertainment expenses surged by HK$2,325,708, from HK$354,652 in 2022 to HK$2,680,360 (US$343,218) in 2023, driven by increased capital market activities [235]. - Administrative expenses rose by HK$1,550,077, or 21.9%, to HK$8,623,437 (US$1,104,224) for the year ended November 30, 2023, primarily due to an increase in provision for doubtful accounts [239]. - Professional and consultancy fees decreased by HK$813,555, or 23%, to HK$2,628,447 (US$336,571) for the year ended November 30, 2023, following a prior increase due to audit fees related to the proposed listing [249]. Assets and Liabilities - Current assets increased by HK$12,397,384, or 67.4%, from HK$18,399,967 as of November 30, 2022 to HK$30,797,351 (US$3,943,576) as of November 30, 2023 [263]. - Total current liabilities increased by HK$9,242,934, or 184.5%, from HK$5,006,133 to HK$14,249,067 (US$1,824,581) primarily due to an increase in due to related parties [263]. - Contract liabilities increased by HK$352,747, or 30.2%, from HK$1,166,837 to HK$1,519,584 (US$194,581) as a result of serving more customers and new corporate clients paying fees in advance [270]. - Operating lease liabilities surged by HK$607,540, or 237%, from HK$255,968 to HK$863,508 (US$110,572) due to a new lease for office premises [272]. Cash Flow - Net cash provided by operating activities decreased to HK$2,728,981 from HK$7,066,941, reflecting a decline in net income adjustments and changes in operating assets and liabilities [274]. - Net cash provided by financing activities increased significantly to HK$7,082,765, primarily from funds received from a director and related parties [283]. - The company had net cash used in financing activities of HK$4,547,805 for the year ended November 30, 2022, mainly due to dividend payments of HK$2,300,186 [295]. - The company had net cash provided by investing activities of HK$6,560 for the year ended November 30, 2023, primarily from equipment purchases and director repayment [293]. Risk Factors - The company faces significant competition in the financial services industry in Hong Kong, which may pressure profitability and market share [216]. - The ongoing geopolitical tensions and economic conditions may adversely affect the Hong Kong capital markets and the company's operations [213]. - The company will continue to monitor economic conditions and market trends closely throughout 2024 and beyond [220]. Credit Management - The company made an allowance for doubtful debts of HK$2,154,945 during the year ended November 30, 2023, indicating a focus on managing credit risk [266]. - The company believes its working capital will be sufficient to meet anticipated cash needs for at least the next twelve months [296].

NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) -- Intelligent Group Limited (NASDAQ:INTJ) (the "Company"), a Hong Kong based financial public relations company, today announced the pricing of its initial public offering (the "Offering") of 1,875,000 ordinary shares (the "Ordinary Shares"), at a price of $4 per Ordinary Share. The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on March 20, 2024 under the symbol "INTJ." The Offering is expected to close on March 22, 2024, subject to the ...

______________ Intelligent Group Limited (Exact name of Registrant as specified in its charter) ______________ Not Applicable (Translation of Registrant's name into English) | British Virgin Islands | 8742 | Not Applicable | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | incorporation or organization) | Classification Code Number) | Identification Number) | As filed with the U.S. Securities and Exchange Commission on February 27, 2024 Registration ...

As filed with the U.S. Securities and Exchange Commission on November 30, 2023 Registration Statement No. 333-272136 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 Intelligent Group Limited (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) British Virgin Islands 8742 Not Applicable (State or other jurisdiction of incorporation or org ...

As filed with the U.S. Securities and Exchange Commission on November 21, 2023 Registration Statement No. 333-272136 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 ______________ Intelligent Group Limited (Exact name of Registrant as specified in its charter) ______________ Not Applicable (Translation of Registrant's name into English) | British Virgin Islands | 8742 | Not Applicable | | --- | --- | ...

As filed with the U.S. Securities and Exchange Commission on November 13, 2023 Registration Statement No. 333-272136 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 ______________ Intelligent Group Limited (Exact name of Registrant as specified in its charter) ______________ Not Applicable (Translation of Registrant's name into English) | British Virgin Islands | 8742 | Not Applicable | | --- | --- | ...

As filed with the U.S. Securities and Exchange Commission on September 25, 2023 Registration Statement No. 333-272136 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 ______________ Intelligent Group Limited (Exact name of Registrant as specified in its charter) ______________ Not Applicable (Translation of Registrant's name into English) | British Virgin Islands | 8742 | Not Applicable | | --- | --- | ...

As filed with the U.S. Securities and Exchange Commission on June 30, 2023 Registration Statement No. 333-272136 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 ______________ Intelligent Group Limited (Exact name of Registrant as specified in its charter) ______________ Not Applicable (Translation of Registrant's name into English) | British Virgin Islands | 8742 | Not Applicable | | --- | --- | --- ...

As filed with the U.S. Securities and Exchange Commission on May 23, 2023 Registration Statement No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ______________ Intelligent Group Limited (Exact name of Registrant as specified in its charter) ______________ Not Applicable (Translation of Registrant's name into English) | British Virgin Islands | 8742 | Not Applicable | | --- | --- | --- | | (State or other jurisd ...