游莱互动(02022) - 2024 - 中期财报

Financial Performance - The company reported a revenue of HK$150 million for the six months ended June 30, 2024, representing a 20% increase compared to the same period last year[3]. - Revenue for the Reporting Period amounted to approximately US$4.5 million, representing a decrease of approximately 5.3% from approximately US$4.8 million for the corresponding period in 2023[19]. - Total revenue for the six months ended June 30, 2024, was USD 4,525,877, a decrease of 5.3% compared to USD 4,780,940 for the same period in 2023[102]. - Online game revenue for the same period was USD 4,525,866, down from USD 4,780,939, reflecting a decline of 5.3% year-over-year[102]. - Gross profit for the Reporting Period amounted to approximately US$2.0 million, representing an increase of approximately 8.8% from approximately US$1.9 million for the corresponding period in 2023[19]. - Gross profit increased to USD 2,022,780, up 8.8% from USD 1,858,900 in the previous year[90]. - Operating profit margin improved to 35%, up from 30% in the previous year[3]. - Operating loss for the period was USD 1,758,572, an improvement from a loss of USD 2,560,812 in the prior year[90]. - Loss attributable to owners of the Company for the Reporting Period amounted to approximately US$1.9 million, representing a decrease of approximately 25.9% from approximately US$2.6 million for the corresponding period in 2023[19]. - The company's loss for the period was $1,913,974 for the six months ended June 30, 2024, an improvement from a loss of $2,582,264 in 2023[121]. User Metrics - User data showed a growth of 15% in active users, reaching 1.2 million by the end of the reporting period[3]. - The total number of user registrations in the first half of 2024 increased by 39% compared to the same period in 2023 and increased by 9.5% compared to the second half of 2023[25]. - Active users in the mobile game APP industry in the PRC reached 659 million in February 2024, representing a year-on-year growth rate of over 12%[24]. Future Outlook - The company provided a positive outlook, projecting a revenue growth of 25% for the next fiscal year[3]. - New product launches are expected to contribute an additional HK$30 million in revenue in the upcoming quarter[3]. - Market expansion plans include entering two new regions in Southeast Asia by Q4 2024[3]. - The Group plans to continue promoting casual games and role-playing mobile games tailored to Brazilian mobile game users in the second half of 2024[27]. - The Group aims to strengthen long-term product operations and expand diversified categories while integrating art styles and localized elements to achieve growth in overseas business[29]. - The Group will actively explore opportunities in the global mobile game market, particularly in H5 games and English and Latin American languages, to embrace more development opportunities[30]. Research and Development - The company is investing HK$10 million in research and development for new technologies aimed at enhancing user experience[3]. - Research and development expenses amounted to approximately US$0.7 million, representing a decrease of approximately US$0.2 million or 21.1% from approximately US$0.9 million for the corresponding period in 2023[35]. - Research and development expenses for the period were USD 699,854, a decrease from USD 887,369 in 2023[90]. Financial Position - Total assets as of June 30, 2024, amounted to US$34.643 million, a decrease from US$37.961 million as of December 31, 2023[23]. - Current assets of the Group were approximately US$29.3 million, with current liabilities of approximately US$8.1 million, resulting in a current ratio of 3.6 as of June 30, 2024, compared to 3.5 as of December 31, 2023[41]. - The Group had no bank borrowings or other debt financing obligations as of June 30, 2024, resulting in a gearing ratio of nil[41]. - Cash flow from operations increased by 30%, totaling HK$45 million during the reporting period[3]. - As of June 30, 2024, the Group's total bank balances, cash, and short-term deposits amounted to approximately US$23.2 million, representing an increase of approximately 4.0% compared to US$22.3 million as of December 31, 2023[41]. - The total number of options granted was 49,498,610, with a vesting schedule over three years[87]. Governance and Compliance - The Company has complied with the relevant code provisions contained in the CG Code during the Reporting Period, with a noted deviation regarding the roles of chairman and chief executive officer[60]. - The audit committee confirmed that the applicable accounting principles, standards, and requirements have been complied with for the Reporting Period[65]. - The Board has resolved not to declare any interim dividend for the Reporting Period, consistent with the previous period[58]. - The Group was not involved in any material legal proceedings during the Reporting Period[58]. - There were no significant events after June 30, 2024, up to the date of this report[58]. Shareholding Structure - As of June 30, 2024, Mr. LU Yuanfeng holds 947,958,387 shares, representing approximately 47.40% of the company's total issued share capital[73]. - The significant shareholding structure indicates a concentrated ownership, primarily held by a few key individuals and entities[76]. - The Group's share capital remained unchanged at USD 2,000,000 as of June 30, 2024, with 2,000,000,000 ordinary shares in issue[131]. - The Company maintains compliance with the Securities and Futures Ordinance regarding the registration of interests in shares[78]. Other Financial Information - The Group's financial information is presented in USD and has been approved by the Board of Directors on August 27, 2024[1]. - The interim financial information should be read in conjunction with the annual financial statements for the year ended December 31, 2023[1]. - The Group has adopted all new and revised IFRSs effective from January 1, 2024, with no significant changes to accounting policies or financial statement presentation[99]. - The effective income tax rate for the company's PRC operations is 25%, while Guangzhou You Lai Information Technology Company Limited benefits from a preferential rate of 15%[114].