Financial Performance - Anacle Systems Limited reported a revenue of HKD 12 million for Q3 2017, representing a 20% increase compared to the previous quarter[11]. - The company achieved a gross profit margin of 45% in Q3 2017, up from 40% in Q2 2017[11]. - Anacle Systems Limited reported a net profit of HKD 3 million for Q3 2017, a significant improvement from a net loss of HKD 1 million in Q2 2017[11]. - The group's total revenue increased by 22.33% from SGD 8,119,637 for the nine months ended February 29, 2016, to SGD 9,932,863 for the nine months ended February 28, 2017[16]. - Gross profit rose by 11.92% from SGD 5,042,519 for the nine months ended February 29, 2016, to SGD 5,643,423 for the nine months ended February 28, 2017[17]. - The group recorded a pre-tax net loss of approximately SGD 1,532,663 for the nine months ended February 28, 2017, compared to a profit of SGD 1,764,259 for the same period in 2016[17]. - Adjusted pre-tax net profit, excluding one-time costs, was SGD 1,851,720 for the nine months ended February 28, 2017, compared to SGD 1,941,598 for the same period in 2016[17]. - Total comprehensive income for the nine months ended February 28, 2017, was SGD 1,069,804, compared to a loss of SGD 1,517,900 for the same period in 2016[21]. - The company reported a net loss before tax of SGD 1,532,663 for the nine months ended February 28, 2017, compared to a loss of SGD 1,764,259 in the same period in 2016, showing an improvement in financial performance[38]. - The net loss for the nine months ended February 28, 2017, was approximately SGD 1,536,549, compared to a net profit of SGD 1,045,117 for the same period in 2016[82]. Market Expansion and Strategy - Anacle Systems Limited plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2018[11]. - The company is exploring potential acquisitions to enhance its technology capabilities and expand its product offerings[11]. - The company aims to strengthen its market position in Malaysia and expand its business into Hong Kong, China, and the Middle East following its successful listing on December 16, 2016[58]. - The company anticipates strong growth in the enterprise application software and building energy management systems market in Singapore for the full year of 2017[66]. Research and Development - The company is investing HKD 5 million in R&D for new product development, focusing on IoT solutions[11]. - The company has launched a new advanced IoT platform named TESSERACT, aimed at processing big data efficiently[11]. - Research and development costs for the nine months ended February 28, 2017, were SGD 82,946, a decrease from SGD 1,091,692 for the same period in 2016[21]. - The revolutionary IoT product TESSERACT has successfully obtained all necessary certifications and is expected to be a significant driver for Starlight's business in the next fiscal year[66]. Shareholder Information - The total issued and paid-up ordinary shares as of February 28, 2017, was 399,158,496 shares, an increase from 3,281,722 shares as of February 29, 2016[53]. - Major shareholders include iGlobe Platinum Fund Limited with 82,326,335 shares, representing 20.62% of the total shares, and BAF Spectrum Pte. Ltd. with 39,565,162 shares, representing 9.91%[104]. - Huang Yanyan, spouse of Mr. Liu, holds 45,500,000 shares, representing 12.64% of the total shares, along with their children who also hold similar rights[104]. - The company has a total of 4,969,783 shares associated with the stock options granted to directors, which are part of the pre-IPO stock option plan[100]. - The company granted stock options to directors under the pre-IPO stock option plan, allowing them to purchase a total of 4,969,783 shares at an exercise price of approximately 0.01 SGD each, representing 1.25% of the total shares[96]. Corporate Governance - The audit committee was established on November 24, 2016, consisting of three independent non-executive directors, with the main responsibilities including reviewing financial statements and overseeing risk management[129]. - The company has complied with the corporate governance code from the listing date to the report date[125]. - The company has confirmed compliance with securities trading standards from the listing date to February 28, 2017[119]. - The company is committed to adhering to the Securities and Futures Ordinance regarding the disclosure of interests in shares and related securities[102]. Financial Guidance and Future Outlook - Anacle Systems Limited has set a revenue guidance of HKD 50 million for the next quarter, indicating a 30% year-over-year growth[11]. - The company's board expressed confidence in achieving its strategic goals for the upcoming fiscal year[11].
安科系统(08353) - 2020 Q3 - 季度财报