Financial Performance - For the fiscal year ending March 31, 2024, the revenue was approximately HKD 121.5 million, an increase of 11.2% compared to approximately HKD 109.3 million for the fiscal year ending March 31, 2023[2]. - The gross profit for the fiscal year ending March 31, 2024, was approximately HKD 2.0 million, down from HKD 6.6 million for the fiscal year ending March 31, 2023[2]. - The loss attributable to the owners of the company for the fiscal year ending March 31, 2024, was approximately HKD 90.4 million, compared to approximately HKD 26.6 million for the fiscal year ending March 31, 2023[2]. - The net loss before tax for the fiscal year ending March 31, 2024, was approximately HKD 90.2 million, compared to approximately HKD 26.7 million for the fiscal year ending March 31, 2023[10]. - For the fiscal year ending March 31, 2024, the group recorded a net loss of approximately HKD 90.42 million and an operating cash outflow of about HKD 38.20 million[38]. - The pre-tax loss for the year 2024 is HKD 105,517,000, compared to HKD 97,887,000 in 2023, reflecting an increase in costs[57]. - The company reported a segment EBITDA of (89,120,000) for the year, compared to (93,012,000) in the previous year, indicating an improvement in operational performance[71]. - The pre-tax loss for the year was (90,238,000), which is a slight decrease from (90,417,000) in the previous year, showing a marginal improvement[71]. Expenses - The selling and marketing expenses for the fiscal year ending March 31, 2024, were approximately HKD 35.4 million, significantly higher than approximately HKD 4.0 million for the fiscal year ending March 31, 2023[2]. - Administrative expenses for the fiscal year ending March 31, 2024, were approximately HKD 60.1 million, compared to approximately HKD 29.9 million for the fiscal year ending March 31, 2023[2]. - The group generated employee costs of approximately HKD 48.8 million for the year ending March 31, 2024, compared to HKD 24.3 million for the year ending March 31, 2023[157]. Assets and Liabilities - Total non-current liabilities decreased from HKD 217.5 million in 2023 to HKD 170.0 million in 2024[15]. - Total equity increased from HKD 10.3 million in 2023 to HKD 17.8 million in 2024[17]. - The total non-current assets decreased from HKD 67.00 million in 2023 to HKD 51.01 million in 2024, indicating a decline of approximately 23.9%[31]. - The total current assets also saw a decrease from HKD 254.65 million in 2023 to HKD 227.49 million in 2024, representing a decline of about 10.7%[31]. - The group had no bank borrowings as of March 31, 2024, compared to HKD 841,000 in 2023, while other borrowings decreased to HKD 70,357,000 from HKD 90,861,000[87]. - Shareholder loans decreased to HKD 96,517,000 from HKD 118,941,000 year-on-year[87]. - The group reported a basic and diluted loss per share of HKD 90,417,000 for the year, compared to HKD 26,642,000 in the previous year[100]. Revenue Breakdown - Revenue from building construction services is HKD 1,534,000, a decrease from HKD 11,164,000 in the previous year[54]. - Revenue from renovation, extension, and repair works is HKD 56,445,000, down from HKD 81,777,000, indicating a decline of 30.9%[54]. - Revenue from the sale of consumer products increased significantly to HKD 18,054,000 from HKD 3,827,000, marking a growth of 371.5%[54]. - Revenue from property development and investment increased from approximately HKD 3.7 million to HKD 6.5 million due to improvements in the Japanese travel market[120]. - Revenue from renovation, addition, and repair works accounted for approximately HKD 56.4 million, a 46.4% increase from the previous year[120]. Cash Flow and Financial Position - As of March 31, 2024, the group's cash and cash equivalents amounted to HKD 9.72 million, while the total outstanding other borrowings and shareholder loans was approximately HKD 166.87 million, due for repayment after one year from the reporting date[38]. - The group held cash and bank balances of approximately HKD 9.7 million as of March 31, 2024, down from HKD 13.9 million as of March 31, 2023[153]. - The company has approximately HKD 88.7 million in expected revenue to be recognized from ongoing projects after March 31, 2024[109]. Strategic Focus and Market Position - The company is focused on developing and marketing smart consumer products in mainland China, indicating a strategy for market expansion[19]. - The group is primarily engaged in construction and engineering services in Hong Kong, focusing on building construction, renovation, and maintenance of historical buildings[108]. - The group has ongoing projects in various stages, including significant renovations and construction works scheduled to complete between 2022 and 2024[92]. - The company plans to expand its business scope as part of its future strategy[131]. Other Financial Information - The company does not recommend paying dividends for the year ending March 31, 2024, consistent with the previous year[60]. - The company has not issued any potentially dilutive ordinary shares as of March 31, 2024[61]. - The company did not incur any tax provision in Hong Kong for the year, consistent with the previous year, due to the absence of taxable profits[80]. - The group has no significant capital commitments as of March 31, 2024[156]. - There were no significant investments or major acquisitions or disposals during the year[155]. - The company has no significant foreign exchange risk as most of its income and expenses are denominated in HKD[132].
迪米生活控股(01667) - 2024 - 年度业绩