Financial Performance - Revenue for the six months ended September 30, 2024, was approximately HKD 21.5 million, a decrease of about 7.2% compared to HKD 23.1 million for the same period in 2023[5] - The loss attributable to the company's owners for the six months ended September 30, 2024, was approximately HKD 4 million, compared to a loss of about HKD 3.7 million for the same period in 2023[5] - Basic loss per share attributable to the company's owners was HKD 10.2 cents, compared to HKD 9.1 cents for the same period in 2023[10] - The company reported a total comprehensive loss of HKD 3.5 million for the six months ended September 30, 2024[8] - The group reported a net loss of HKD 3,511,000 for the six months ended September 30, 2024, compared to a loss of HKD 3,674,000 in the same period of 2023[63] - The company reported a loss attributable to owners of approximately HKD 4 million for the six months ended September 30, 2024, compared to a loss of HKD 3.7 million in the same period last year[169] Assets and Liabilities - Total assets as of September 30, 2024, were approximately HKD 496.9 million, compared to HKD 436.9 million as of March 31, 2024[14] - Current liabilities increased to approximately HKD 208.7 million as of September 30, 2024, compared to HKD 161.7 million as of March 31, 2024[14] - The company's total liabilities decreased to 339,854 thousand HKD as of September 30, 2023, from 340,897 thousand HKD in the previous period, indicating a reduction of approximately 0.3%[21] - Total assets as of September 30, 2024, amounted to HKD 510,531,000, an increase from HKD 468,468,000 as of March 31, 2024, representing a growth of approximately 8.9%[66] - The total liabilities as of March 31, 2024, were HKD 210,351,000, an increase from HKD 164,777,000, reflecting a rise of approximately 27.6%[66] Cash Flow and Investments - The net cash flow from operating activities for the six months ended September 30, 2024, was 2,399 thousand HKD, compared to 1,215 thousand HKD for the same period in 2023, representing a 97% increase[23] - The company generated net cash from investing activities of 1,449 thousand HKD for the six months ended September 30, 2024, up from 1,122 thousand HKD in the prior year, indicating a 29% growth[23] - The net cash flow from financing activities was 7,114 thousand HKD for the six months ended September 30, 2024, compared to a net outflow of 907 thousand HKD in the same period last year[23] - The company's cash and cash equivalents increased by 10,962 thousand HKD, reaching a total of 17,919 thousand HKD as of September 30, 2024, compared to 6,808 thousand HKD in the previous year[23] Revenue Breakdown - Revenue from assessment and consulting services increased to HKD 15,735,000, up 40.5% from HKD 11,213,000 in the previous year[49] - Revenue from bank interest for the six months ended September 30, 2024, was HKD 1,417,000, slightly up from HKD 1,369,000 in the previous year, indicating a growth of about 3.5%[73] - Revenue from valuation and consulting services contributed about 73.4% to total revenue, increasing from approximately HKD 11.2 million to HKD 15.7 million, a growth of 40.3%[160] - Interest income from financing services decreased significantly to HKD 2,463,000, down 74.1% from HKD 9,525,000 in the previous year[49] Expenses - The company incurred total expenses of HKD 16,510,000 for the six months ended September 30, 2024, compared to HKD 15,271,000 in the same period of 2023, representing an increase of about 8.1%[77] - Employee benefits expenses slightly decreased by approximately 8.1%, despite a slight reduction in headcount, due to an increase in average salary[164] - Depreciation and amortization expenses decreased by approximately 26.7% due to the full impairment of intangible assets as of March 31, 2024[166] - Financial costs decreased by approximately 5.3% from HKD 4.4 million to HKD 4.1 million, attributed to lower interest rates starting in the second half of the year[167] Share Capital and Financing - The company completed a placement of 140,400,000 new shares at a price of HKD 0.033 per share, raising approximately HKD 4,630,000, netting HKD 4,583,000 for general working capital[129] - The company completed a rights issue on October 15, 2024, raising approximately HKD 25.3 million[158] - The company’s total issued share capital decreased from 842,481,660 shares to 42,124,083 shares following a share consolidation on August 29, 2024[132] - The company plans to allocate approximately HKD 48.0 million for employee costs, HKD 10.0 million for business expansion, and HKD 12.0 million for repaying unrelated interest-bearing loans from the proceeds of the 2024 rights issue[180] Future Plans and Market Position - The company plans to continue expanding its investment and advisory services, focusing on enhancing its market presence and exploring potential acquisitions[25] - The company aims to become a leading provider of valuation and advisory services in Hong Kong, exploring various acquisition opportunities to maintain its market position[183] - The company anticipates multiple interest rate cuts in the coming year, which may create more acquisition opportunities and support economic confidence in Hong Kong[183] Employee and Management - The total remuneration for key management personnel for the six months ended September 30, 2024, was HKD 1,649,000, compared to HKD 1,609,000 for the same period in 2023, reflecting a year-on-year increase of 2.5%[140] - As of September 30, 2024, the group employed a total of 55 full-time employees, with employee benefits expenses amounting to approximately 16.5 million HKD, compared to 15.3 million HKD for the same period in 2023[200]
罗马元宇宙集团(08072) - 2025 - 中期财报