Financial Performance - For the fiscal year ending March 31, 2024, the company reported revenue of approximately HKD 625.4 million, an increase of about 8.3% compared to HKD 577.5 million in the previous fiscal year[3]. - The gross profit for the fiscal year 2024 was approximately HKD 137.0 million, a slight decrease of about 0.2% from HKD 137.3 million in fiscal year 2023[3]. - The company recorded a profit attributable to owners of approximately HKD 29.7 million for fiscal year 2024, a significant turnaround from a loss of HKD 27.5 million in fiscal year 2023[3]. - The company's revenue for the fiscal year 2024 reached approximately HKD 625.4 million, representing a year-on-year growth of about 8.3%[37]. - The group’s total revenue for the year was HKD 625,372,000, an increase from HKD 577,494,000 in the previous year, representing an 8.5% growth[18]. - The company reported a basic earnings per share of HKD 2.94 for fiscal year 2024, compared to a loss per share of HKD 2.72 in the previous year[5]. - The company reported a pre-tax profit of HKD 30,970,000 for the year ended March 31, 2024, compared to a pre-tax loss of HKD 24,508,000 in the previous year[21]. - Other income for the year ended March 31, 2024, was HKD 885,000, a decrease from HKD 1,042,000 in 2023[21]. - The basic and diluted earnings per share for the year ended March 31, 2024, was HKD 29,713,000, compared to a loss of HKD 27,478,000 in 2023[27]. - The company incurred total employee costs of HKD 93,404,000 for 2024, slightly up from HKD 93,219,000 in 2023[25]. - The financing costs for the year ended March 31, 2024, were HKD 4,639,000, compared to HKD 3,354,000 in 2023, reflecting an increase of approximately 38.2%[21]. - The company’s tax expense for the year ended March 31, 2024, was HKD 2,075,000, down from HKD 4,623,000 in 2023[22]. - The company recorded a net loss from foreign exchange of HKD 7,000 for 2024, an improvement from a loss of HKD 445,000 in 2023[22]. - The impairment loss on receivables was HKD 1,351,000 for 2024, significantly higher than HKD 100,000 in 2023[25]. - Net cash generated from operating activities decreased by approximately HKD 9.3 million to approximately HKD 13.8 million in fiscal year 2024, a decline of about 40.2%[57]. Assets and Liabilities - Total assets as of March 31, 2024, amounted to HKD 585.2 million, compared to HKD 374.1 million in the previous year, indicating a growth of approximately 56.5%[6]. - The company's net current assets increased to HKD 86.8 million in fiscal year 2024, up from HKD 24.8 million in fiscal year 2023[6]. - The total equity attributable to owners of the company increased to HKD 161.8 million in fiscal year 2024, compared to HKD 133.9 million in fiscal year 2023[7]. - Trade receivables increased to HKD 219.6 million in 2024 from HKD 139.8 million in 2023, with a net amount of HKD 217.9 million after credit loss provisions[31]. - The total amount of trade and other receivables, prepayments, and deposits rose to HKD 618.7 million in 2024, up from HKD 378.2 million in 2023[31]. - Trade payables increased to HKD 147.1 million in 2024 from HKD 83.0 million in 2023, reflecting a significant rise in operational liabilities[32]. - The company has reclassified its investment in Tykhe as a current asset, anticipating a sale within the next 12 months[29]. - The company did not recommend any dividend payments to ordinary shareholders for the fiscal years ending March 31, 2023, and March 31, 2024[35]. - The company repurchased 8,040,000 shares at a total cost of approximately HKD 3.1 million, which have been cancelled[36]. - The company’s investment in a non-listed fund was fully divested by March 31, 2024[30]. - The group had no significant contingent liabilities as of March 31, 2024, consistent with the previous year[72]. - The group has not engaged in any hedging activities during the fiscal year 2024[73]. Revenue Segments - Revenue from cybersecurity products decreased to HKD 277,419,000 from HKD 328,214,000, a decline of 15.4%[18]. - Revenue from cybersecurity services increased significantly to HKD 318,021,000 from HKD 218,536,000, marking a growth of 45.6%[18]. - The digital asset financial services and investment business generated HKD 74,000 in revenue, a new segment introduced this year[18]. - The group’s revenue from maintenance and support services in cybersecurity increased by 52.3% year-over-year[18]. - The segment performance for digital assets was HKD 37,307,000 for 2024, down from HKD 50,976,000 in 2023, indicating a decrease of about 26.5%[21]. - Network security services accounted for over 50% of the group's revenue in fiscal year 2024, highlighting its role as a major growth driver[38]. Strategic Initiatives - The company plans to continue expanding its distribution network and enhancing its digital asset financial services[9]. - The company is focused on developing new technologies and products to strengthen its market position in network security and digital asset services[9]. - The company completed the sale of a subsidiary with a 60% stake in April 2024, freeing up funds for internal use and new investment opportunities[42]. - The company has partnered with a leading enterprise-grade privileged access management solution provider to expand its network security offerings[39]. - The company launched new network security services, grShield and grKey, to enhance its service offerings without significant initial capital investment[40]. - The management is focused on enhancing competitive advantages and operational flexibility to provide higher value to customers[45]. Compliance and Reporting - The group adopted new and revised Hong Kong Financial Reporting Standards effective from April 1, 2023, which did not have a significant impact on the financial statements[11]. - The group expects that the application of all revised Hong Kong Financial Reporting Standards will not have a significant impact on the consolidated financial statements in the foreseeable future[15]. - The group’s accounting policy disclosures were updated to reflect the revised standards, although no significant impact on the consolidated financial statements was noted[12].
安领国际(01410) - 2024 - 年度业绩