Financial Performance - For the three months ended June 30, 2020, the group recorded unaudited revenue of approximately HKD 13.82 million, an increase of about 30.0% compared to HKD 10.64 million for the same period in 2019[8] - The group's net profit for the same period was approximately HKD 3.79 million, representing a 38.4% increase from HKD 2.74 million in the prior year[8] - Basic earnings per share attributable to owners of the company for the three months ended June 30, 2020, was HKD 0.80, compared to HKD 0.58 for the same period in 2019[8] - Total revenue for the three months ended June 30, 2020, was HKD 13,822,962, an increase of 30.5% compared to HKD 10,636,468 for the same period in 2019[20] - Basic earnings per share for the period were HKD 3,789,757, compared to HKD 2,739,368 for the same period in 2019, marking an increase of 38.3%[22] - The company recorded a profit of HKD 3,789,757, an increase of HKD 1,050,389 or 38.3% compared to the same period last year[40] User Growth - As of June 30, 2020, the number of registered users for the open securities trading platform "TradeGo Public Version" reached 170,305, an increase of 44.4% from 117,936 users a year earlier[8] - The number of registered users for the "Trading Treasure Public Version" reached 170,305, an increase of 52,369 users or approximately 44.4% year-on-year[34] Revenue Sources - Front-end trading system services generated revenue of HKD 5,707,830, up from HKD 5,195,212, reflecting a growth of 9.8% year-over-year[20] - Online account opening services saw significant growth, with revenue increasing to HKD 1,254,701 from HKD 450,057, representing a rise of 178.5%[20] - Revenue from online appointment account opening services increased by 179% to HKD 1.25 million, compared to HKD 450,000 in the same period last year[34] - Revenue from the "New Stock Connect" feature increased by 1,684% to HKD 1.57 million, compared to HKD 88,000 in the same period last year[32] Dividend Policy - The board did not declare any dividends for the three months ended June 30, 2020, consistent with the previous year[8] - The company did not declare any interim dividends for the three months ended June 30, 2020[24] Tax and Expenses - The company reported a total tax expense of HKD 271,126 for the period, compared to a tax benefit of HKD (40,883) in the previous year[20] - Employee costs increased by HKD 1,236,322 or 40.7% to HKD 4,270,655 due to reduced capitalization of new R&D projects[37] - Depreciation and amortization expenses increased by HKD 988,710 or 103.4% to HKD 1,945,075, primarily due to increased amortization of right-of-use assets[38] Strategic Initiatives - The company plans to enhance its integrated securities trading platform services to attract more institutional clients[43] - The company aims to increase investment in the "Trading Treasure Public Version" to better serve market participants related to IPO activities[44] - The company has established a subsidiary agreement with a partner to provide over-the-counter trading services in Hong Kong[44] IPO Proceeds - The net proceeds from the IPO amount to approximately HKD 41.5 million, with HKD 25.6 million remaining unutilized as of June 30, 2020[46] - 37.5% of the net proceeds, equating to HKD 15.6 million, is allocated for establishing a domestic R&D center[46] - 14.7% of the net proceeds, or HKD 6.1 million, is designated for developing innovative products and enhancing R&D capabilities[46] - As of June 30, 2020, HKD 15.9 million of the proceeds has been utilized[46] - The company plans to use the unutilized proceeds to maximize shareholder returns, as reassessed by the board[46] Shareholder Information - The total number of issued shares as of June 30, 2020, is 500,000,000[50] - Liu Yong holds a 45.66% equity interest, representing 228,303,791 shares[48] - Major shareholder Maojia Holdings Limited holds 154,264,654 shares, representing 30.85% of the total shares[54] - Liu Xiaoming holds 228,303,791 shares, accounting for 45.66% of the total shares[54] Corporate Governance - The company has complied with all applicable corporate governance codes as per GEM listing rules, except for the separation of roles between the Chairman and CEO, which is deemed beneficial for operations[69] - No changes in the board of directors occurred during the reporting period[72] - The audit committee has reviewed the unaudited results for the three months ending June 30, 2020, confirming compliance with applicable accounting standards and sufficient disclosure[76] Non-Competition and Compliance - The company has established a non-competition agreement with several entities, effective from August 29, 2018, to protect its interests[67] - The company does not have any competitive business activities that conflict with its operations[65]
捷利交易宝(08017) - 2021 Q1 - 季度财报