Financial Performance - The company recorded revenue of approximately HKD 24.4 million for the six months ended June 30, 2021, a decrease of about 12.5% compared to HKD 27.9 million in the same period of 2020[5]. - The loss attributable to owners of the parent for the six months ended June 30, 2021, was approximately HKD 8.1 million, compared to a loss of about HKD 2.4 million in the same period of 2020[5]. - Total revenue decreased by approximately HKD 3.5 million or 12.5% to about HKD 24.4 million for the six months ended June 30, 2021, compared to approximately HKD 27.9 million for the same period in 2020[22]. - The company reported a loss before tax of HKD 8,247,000 for the six months ended June 30, 2021, compared to a loss of HKD 2,631,000 for the same period in 2020, representing an increase in loss of 213.5%[54]. - The company reported a total comprehensive loss of HKD 8,539,000 for the six months ended June 30, 2021, compared to HKD 2,614,000 for the same period in 2020, an increase of 226.5%[54]. - The company reported a net loss of HKD 8,149,000 for the six months ended June 30, 2021, compared to a net loss of HKD 2,631,000 for the same period in 2020, representing an increase in loss of approximately 209%[59]. - The company’s total comprehensive loss for the six months ended June 30, 2021, was HKD 8,338,000, compared to a total comprehensive loss of HKD 2,288,000 in the same period of 2020, indicating a deterioration of approximately 264%[57]. Revenue Breakdown - Online backup software and related services revenue decreased by approximately HKD 4.7 million or 17.2% to about HKD 22.6 million for the six months ended June 30, 2021, compared to approximately HKD 27.3 million for the same period in 2020[22]. - Information platform revenue increased by approximately HKD 1.2 million or 200% to about HKD 1.8 million for the six months ended June 30, 2021, compared to approximately HKD 0.6 million for the same period in 2020[22]. - Revenue from online backup software and related services was HKD 22,587,000, with software upgrade and maintenance services contributing HKD 10,619,000[72]. - The company recognized revenue of HKD 21,805,000 over time, which accounted for 89.2% of total revenue for the six months ended June 30, 2021[72]. - The company experienced a decrease in software license sales, generating HKD 2,188,000 compared to HKD 4,328,000 in the previous year, representing a decline of 49.6%[72]. Expenses and Costs - Employee costs increased by approximately HKD 1.1 million or 4.7% to about HKD 24.3 million for the six months ended June 30, 2021, mainly due to the expansion of the development team[9]. - The total cost for directors and employees for the six months ended June 30, 2021, was approximately HKD 24.2 million, an increase of about HKD 1.0 million compared to the same period in 2020[39]. - Employee costs for the six months ended June 30, 2021, totaled HKD 24,342,000, an increase of 5.1% from HKD 23,150,000 in 2020[54]. - Research and development costs included in employee costs for the six months ended June 30, 2021, were HKD 10,144,000, up 23.9% from HKD 8,184,000 in 2020[76]. - Total advertising and marketing expenses for the six months ended June 30, 2021, were HKD 1,250,000, an increase of 5.9% from HKD 1,180,000 in the same period of 2020[77]. Assets and Liabilities - As of June 30, 2021, the company's current assets were approximately HKD 69.4 million, down from HKD 79.9 million as of December 31, 2020[14]. - Total assets decreased from HKD 79,922,000 as of December 31, 2020, to HKD 69,360,000 as of June 30, 2021, a decline of 13.3%[55]. - Total liabilities as of June 30, 2021, were HKD 23,410,000, down 11.5% from HKD 26,480,000 as of December 31, 2020[73]. - The company's total equity decreased to HKD 65,268,000 as of June 30, 2021, down from HKD 74,419,000 as of June 30, 2020, reflecting a decline of approximately 12.3%[57]. Shareholder Information - As of June 30, 2021, major shareholders hold approximately 75% of the company's issued shares, totaling 1,500,000,000 shares[29]. - As of June 30, 2021, the company has issued 2,000,000,000 shares, with All Divine holding 1,500,000,000 shares, representing 75% of the total issued shares[31]. Corporate Governance - The audit committee has reviewed the interim financial information for the six months ended June 30, 2021, ensuring compliance with applicable accounting standards and GEM listing rules[44]. - The company has maintained compliance with the corporate governance code as per GEM listing rules during the six months ended June 30, 2021[37]. - The company has confirmed that all directors have complied with the required standards of conduct regarding securities transactions during the reporting period[36]. - There are no known business interests or conflicts of interest among directors and controlling shareholders that compete with the company's business[35]. Future Plans and Developments - The company plans to continue investing in SaaS products and related services to enhance customer experience and increase market share in the backup software sector[26]. - The company is developing the next version of its backup software to meet future customer needs[26]. - The company plans to enhance its software upgrade and maintenance services to improve revenue streams in the future[72]. - The company is focusing on expanding its information sharing services and hardware sales as part of its growth strategy[72].
亚势备份(08290) - 2021 - 中期财报