Financial Performance - The group's revenue for the year ended December 31, 2024, was approximately HKD 40.0 million, a decrease of about 4.1% from approximately HKD 41.7 million in the previous year[6] - The loss attributable to equity holders of the parent company for the year ended December 31, 2024, was approximately HKD 2.2 million, compared to a profit of approximately HKD 2.6 million in the previous year[6] - Basic and diluted loss per share for the year ended December 31, 2024, was HKD 0.11[6] - The net loss for the year was HKD 2,187,000, contributing to a total comprehensive loss of HKD 2,989,000 for the year ended December 31, 2024[9] - The group recorded revenue of approximately HKD 40.0 million for the year ended December 31, 2024, a decrease of about 4.1% compared to HKD 41.7 million in the previous year[52] - The group reported a loss attributable to equity holders of approximately HKD 2.2 million for the year ended December 31, 2024, compared to a profit of approximately HKD 2.6 million in the previous year[52] Segment Performance - The online backup software and related services segment recorded a loss of approximately HKD 4.9 million for the year ended December 31, 2024, compared to a loss of HKD 3.2 million in the previous year[6] - The information platform segment reported a profit of approximately HKD 0.9 million for the year ended December 31, 2024, down from HKD 1.1 million in the previous year[6] - Revenue from online backup software and related services fell from approximately HKD 36.4 million in 2023 to about HKD 34.9 million in 2024, a decrease of about HKD 1.5 million or 4.1%[44] - Revenue from the information platform slightly decreased from approximately HKD 5.2 million in 2023 to about HKD 5.1 million in 2024, a decline of about HKD 0.1 million or 1.9%[44] Assets and Liabilities - Total assets less current liabilities as of December 31, 2024, amounted to HKD 60.5 million, compared to HKD 59.1 million in the previous year[8] - The group's net assets as of December 31, 2024, were HKD 54.9 million, down from HKD 57.9 million in the previous year[8] - The group's cash and cash equivalents as of December 31, 2024, were HKD 54.9 million, a decrease from HKD 62.3 million in the previous year[8] - The total liabilities of the group as of December 31, 2024, were HKD 5.6 million, compared to HKD 1.2 million in the previous year[8] - Total assets as of December 31, 2024, amounted to HKD 76,145,000, a decrease from HKD 78,943,000 as of December 31, 2023[27] - The total liabilities for the segments as of December 31, 2024, were HKD 21,210,000, an increase from HKD 21,019,000 in 2023[30] Operational Highlights - The company’s primary business involves providing online backup software solutions, which remains its core operational focus[13] - The company has developed an information platform, KINBOY, which provides online access to horse racing information, with a subscription service divided into free and paid tiers[49] - The KINBOY platform introduced an "AI Tips" feature for horse racing predictions, leveraging advancements in artificial intelligence[49] Employee and Expenses - Employee costs and related expenses totaled HKD 29,032 thousand in 2024, down from HKD 29,869 thousand in 2023[6] - Other expenses increased by approximately HKD 0.9 million or 6.6% to about HKD 14.5 million for the year ended December 31, 2024, primarily due to increased advertising and marketing expenses[58] - The total employee and director costs for the year ended December 31, 2024, amounted to approximately HKD 29.0 million, a decrease of about HKD 0.9 million or 3.0% compared to the same period in 2023[70] Strategic Outlook - The company plans to enhance the functionality of its AhsayTM backup software version 9 to strengthen its customer base[45] - The company will continue to manage its financial position prudently and flexibly in response to market fluctuations[45] - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2025[86] - A strategic acquisition of a smaller tech firm is in progress, expected to enhance product offerings and increase customer base by 15%[86] - The company is investing 5 million in R&D for new technologies aimed at improving backup software efficiency[86] Governance and Compliance - The company’s financial statements were prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance with local regulations[14] - The company is committed to maintaining high standards of corporate governance and has adopted relevant principles from the GEM Listing Rules[77] Dividend Policy - The board of directors did not recommend the payment of any dividend for the year ended December 31, 2024[6] - The company did not declare or propose any dividends for both years[38] - The company has not declared any dividends for the year ended December 31, 2024[75]
亚势备份(08290) - 2024 - 年度业绩