Financial Performance - The group recorded revenue of approximately HKD 40.0 million for the year ended December 31, 2024, a decrease of about 4.1% from HKD 41.7 million in the previous year[8]. - 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[8]. - Revenue from online backup services decreased by approximately HKD 1.5 million or 4.1%, from about HKD 36.4 million in 2023 to approximately HKD 34.9 million in 2024[12]. - Revenue from the information platform business slightly decreased by about HKD 0.1 million or 1.9%, from approximately HKD 5.2 million in 2023 to about HKD 5.1 million in 2024[12]. - For the year ended December 31, 2024, total revenue was approximately HKD 40.0 million, a decrease of approximately 4.1% from HKD 41.7 million in 2023[26]. - The decline in revenue was primarily due to the overall weakness of the global economy and a lag in demand for the company's services[27]. Product and Service Development - The group plans to enhance the functionality of the AhsayTM Backup Software version 9 to strengthen its customer base[9]. - The new version of AhsayTM backup software, Version 9, includes significant improvements such as "deduplication" and "immutable backups" to enhance data protection and user experience[21]. - The company has developed an information platform, KINBOY, which provides online access to horse racing information, with subscription services divided into free and paid tiers[23]. - The company anticipates stable growth in its information platform segment, driven by enhanced multimedia features and AI tools for horse racing predictions[25]. Sales and Marketing Strategy - The group will conduct more marketing activities to improve communication with potential customers and seek business opportunities[9]. - The company is investing in new technology development, allocating $EE million towards R&D initiatives[53]. - A new marketing strategy has been implemented, aiming to increase brand awareness and customer engagement by GG%[53]. Employee and Operational Costs - Employee costs decreased by approximately HKD 0.9 million or 3.0% from about HKD 29.9 million for the year ending December 31, 2023, to approximately HKD 29.0 million for the year ending December 31, 2024[30]. - The total employee and director costs for the year ending December 31, 2024, were approximately HKD 29.0 million, a decrease of about HKD 0.9 million or 3.0% compared to the previous year[44]. - The group had 68 employees as of December 31, 2024, compared to 65 employees in the previous year[44]. Corporate Governance - The board of directors has been in place for over nine years, providing independent advice and opinions[58][59]. - The company has adopted a general dividend policy aimed at providing shareholders with a share of the group's profits[71]. - The board will consider various factors before recommending any dividend payments, including the group's actual and expected financial performance and operational funding needs[73]. - The company has established a governance structure to oversee ESG matters and ensure effective implementation of related policies[182]. - The board consists of three executive directors, one non-executive director, and three independent non-executive directors as of the reporting date[128]. Environmental, Social, and Governance (ESG) Initiatives - The board of directors emphasizes the importance of strong environmental, social, and governance (ESG) performance for sustainable business development[182]. - The company aims to achieve zero accidents and provide a healthy working environment for employees, highlighting the significance of development and training for long-term sustainability[190]. - The company is committed to maintaining high quality and standards in its developed products to enhance customer experience[190]. - The company has implemented various waste management programs, including recycling of glass, paper, and metals, with a focus on reducing paper waste[197]. - The company has committed to environmental protection as part of its corporate responsibility, emphasizing sustainability in its operations[197]. Shareholder and Market Information - The issued share capital of the company as of December 31, 2024, was HKD 20.0 million, divided into 2,000,000,000 shares with a par value of HKD 0.01 each[38]. - The largest customer accounted for approximately 5% of total revenue, while the top five customers collectively represented about 13% of total revenue for the year ending December 31, 2023[80]. - Major shareholders include All Divine, Able Future, and individual shareholders, all holding 75% of the total shares[111]. - The company has maintained a public float of at least 25% of its issued share capital as of the report date[117]. Audit and Compliance - The financial statements for the year ended December 31, 2024, were audited by Ernst & Young, who will retire at the upcoming annual general meeting but are eligible for reappointment[123]. - The company has established a risk management and internal control system, which was reviewed and deemed effective by the board and its committees for the year ending December 31, 2024[163]. - The independent non-executive directors have reviewed the related party transactions and confirmed their fairness and compliance with regulations[104]. Future Outlook - The company provided guidance for the next fiscal year, projecting revenue growth of BB% and aiming for a total revenue of $CC million[53]. - Market expansion efforts are underway, targeting new regions with a projected market size of $FF billion[53]. - The company is considering strategic acquisitions to enhance its market position, with potential targets identified in the industry[53].
亚势备份(08290) - 2024 - 年度财报