Financial Performance - Total revenue for the reporting period was approximately HKD 64.9 million, an increase of 26% or HKD 13.2 million compared to the previous year[11]. - Net profit rose by 58% to HKD 20.6 million during the reporting period[11]. - The company's revenue for the reporting period was HKD 64,949,522, an increase of approximately HKD 13,196,792 or 25.5% compared to the previous period[18]. - Profit for the reporting period was HKD 20,578,678, representing an increase of approximately HKD 7,553,573 or 58% year-on-year[18]. - Earnings per share for the reporting period was HKD 4.33, compared to HKD 2.74 for the same period last year[70]. - The company's revenue for the year ended March 31, 2021, was HKD 64,949,522, representing a 25.5% increase from HKD 51,752,730 in the previous year[121]. - Direct costs decreased to HKD 11,907,023, down HKD 3,075,009 or 20.5% from HKD 14,982,032 in the same period last year[60]. - Other income decreased to HKD 1,827,320, down HKD 1,448,782 or 44.2% from HKD 3,276,102 in the previous period, mainly due to reduced foreign exchange gains and government subsidies[61]. User Growth and Engagement - The number of registered users increased by approximately 270,000 to around 600,000[12]. - The number of registered users as of March 31, 2021, was approximately 565,485, an increase of about 273,371 users or 93.6% from the previous year[19]. - Over 70,000 new accounts were opened through the online account opening system since its launch[13]. - The active trading user count in Hong Kong rose by 58% to 3.2 million in 2020[12]. SaaS and Service Contracts - SaaS service revenue surged by 284% to HKD 19 million, driven by the increase in institutional clients and registered users[12]. - Total revenue from SaaS services grew by 284% to HKD 19.03 million, up from HKD 4.96 million in the previous period, accounting for 29.3% of total revenue[19]. - 48 new service contracts were signed with institutional clients, including 30 Hong Kong brokers[11]. - The company signed new front-end trading system service contracts with 12 Hong Kong brokers during the reporting period, bringing the total to 97 brokers using the system[18]. Research and Development - Research and development expenses amounted to HKD 5,387,141, an increase of HKD 441,827 or about 9% compared to the previous period[18]. - The company has launched new products including the "Hong Kong-Mainland Data Treasure" and trading desk products, enhancing its R&D capabilities by hiring 19 new R&D personnel[30]. - The company plans to develop innovative products and enhance R&D capabilities, with an allocation of HKD 6.1 million for this purpose[87]. Regulatory and Market Expansion - The company is actively pursuing regulatory licenses to provide over-the-counter trading services and institutional dark pool market trading services[24]. - The company plans to expand its services and increase the number of registered users through the open platform "Trading Treasure Public Version" and online account opening systems[22]. - The company aims to enhance its market competitiveness and profitability by developing system functionalities for the dark pool market trading[23]. Financial Position and Assets - Cash and cash equivalents as of March 31, 2021, amounted to HKD 73,721,534, an increase of HKD 27,923,170 or 61% compared to HKD 45,798,364 as of March 31, 2020[71]. - The group held net current assets of HKD 64,362,155 as of March 31, 2021, up from HKD 41,913,097 as of March 31, 2020[72]. - The company has no significant contingent liabilities, capital commitments, or asset pledges as of March 31, 2021[77][78][79]. Employee and Operational Management - Employee costs rose to HKD 17,717,233, an increase of HKD 4,088,183 or 30.0% from HKD 13,629,050 in the same period last year[62]. - Total employee benefits expenses, including directors' remuneration, amounted to HKD 17,678,446 for the year ended March 31, 2021, compared to HKD 13,629,050 for the previous year[76]. - The company recognizes employees as valuable assets and ensures they receive reasonable compensation and benefits[129]. Environmental and Compliance Commitment - The company emphasizes its responsibility for environmental protection and compliance with relevant laws and regulations[125][126]. - The company is committed to enhancing employee awareness of environmental protection[125]. - The company is focused on environmental sustainability and adheres to relevant environmental protection laws and regulations[133]. Shareholder and Dividend Information - The board does not recommend the payment of any final dividend for the reporting period, same as the previous year[83]. - As of March 31, 2021, the distributable reserves available to shareholders amounted to HKD 37,689,020, a decrease from HKD 41,074,743 in the previous period[140]. - The company has agreed to place up to 100,000,000 shares at a price of HKD 0.30 per share, successfully completing the placement on April 22, 2021[92]. Risk Management and Cybersecurity - The company has established a risk management system to continuously improve its operational framework, policies, and procedures[129]. - The company emphasizes the importance of cybersecurity and has set up a dedicated team to assess potential hacking or virus attacks[130]. Share Option Plan - The company has adopted a share option plan aimed at attracting and retaining top talent, with no options granted, exercised, canceled, or lapsed from the adoption date until March 31, 2021[156]. - The maximum number of shares available for issuance under the share option plan is 50,000,000 shares, representing 10% of the shares issued after the listing date[159].
捷利交易宝(08017) - 2021 - 年度财报