Environmental Impact - The group reported an estimated operational indirect emission of 64.11 tons of CO2 equivalent greenhouse gases for the year 2023-24, a slight decrease from 64.63 tons in 2022-23[10]. - Energy indirect emissions from purchased electricity were 55.02 tons for 2023-24, down from 58.63 tons in the previous year, indicating a reduction of approximately 4.4%[11]. - The total waste generated was 1.87 tons, with a density of 46.79 kg per employee, showing an increase from 1.76 tons in the previous year[17]. - The group has implemented measures to reduce water consumption and improve water efficiency, although specific water usage data is not disclosed due to the nature of the leased office space[18]. - The group has adopted LED lighting to replace high-energy-consuming fixtures as part of its energy-saving initiatives[13]. Financial Performance - The company reported a net loss of HKD 6,821,000 for the year, compared to a loss of HKD 3,543,000 in the previous year, indicating a significant increase in losses[41]. - Total equity as of March 31, 2024, was HKD 78,443,000, a decrease from HKD 84,840,000 as of March 31, 2023[41]. - Operating cash flow generated was HKD 5,210,000, a recovery from an outflow of HKD 1,112,000 in the previous year[42]. - The company had cash and cash equivalents of HKD 60,163,000 at the end of the year, down from HKD 63,540,000 at the beginning of the year[42]. - The company incurred finance costs of HKD 298,000 related to lease liabilities during the year[42]. - The company’s investment activities generated a net cash inflow of HKD 2,386,000, compared to HKD 700,000 in the previous year[42]. - The company recognized a loss of HKD 797,000 from its share of losses in associates[42]. - The overall comprehensive loss for the year totaled HKD 3,632,000, down from HKD 6,989,000 in the previous year[64]. Revenue and Growth - The group's revenue for the fiscal year 2024 was HKD 67,374,000, an increase of 10.5% compared to HKD 61,003,000 in 2023[64]. - Investment income rose significantly to HKD 3,013,000, up from HKD 1,069,000, representing an increase of 181.5%[64]. - The total loss for the year was HKD 3,613,000, a reduction of 48.2% from the previous year's loss of HKD 6,953,000[64]. - The basic and diluted loss per share improved to HKD 2.46 from HKD 4.79, reflecting a 48.6% decrease in loss per share[64]. - The group recorded a total loss of HKD 3.6 million, an improvement from a loss of HKD 7.0 million in the previous year, reflecting increased revenue and higher employee costs[174]. Employee and Operational Costs - Employee benefit costs increased to HKD 53,357,000 from HKD 50,007,000, marking a rise of 4.7%[64]. - Employee benefits costs increased by 6.8% to HKD 53.4 million, influenced by stock option grants and discretionary bonuses totaling HKD 3.8 million[172]. - The group has implemented advanced IT equipment for employees to mitigate adverse impacts from extreme weather conditions[49]. Governance and Compliance - The group has established a compliance manual to manage conflicts of interest and ensure adherence to anti-corruption regulations, with all employees required to comply with these policies[5]. - The group has not been aware of any significant non-compliance issues related to corruption, bribery, or money laundering during the year[6]. - The company secretary ensures effective communication of information to the board and compliance with governance matters[120]. - The group emphasizes the importance of confidentiality in handling insider information, implementing multiple procedures to manage insider information disclosure[119]. - The company’s governance policies have been revised to comply with the latest GEM listing rules, enhancing shareholder protections[133]. Shareholder Engagement - The group welcomes shareholders to submit suggestions regarding operations and management for discussion at shareholder meetings[118]. - The company emphasizes the importance of effective communication with shareholders and stakeholders, ensuring timely access to financial performance and strategic plans[137]. - The company held its annual general meeting on September 15, 2023, with all board members and auditors present to address shareholder inquiries[138]. Future Outlook and Strategy - The company provided a positive outlook for the next fiscal year, projecting revenue growth of BB% and an increase in user engagement metrics[150]. - The company is expanding its market presence in the Asia-Pacific region, targeting a growth rate of DD% in that market segment[150]. - The company is exploring potential acquisitions to bolster its market position, with a budget of FF million set aside for strategic investments[150]. - The outlook for 2024/25 indicates a strategic focus on digital assets and market expansion[200].
新百利融资(08439) - 2024 - 年度财报