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Raytech Holding Limited(RAY) - 2024 Q2 - Quarterly Report

Revenue and Income - Revenue for the six months ended September 30, 2024, increased to HKD 43,248,906, representing a 31.5% growth compared to HKD 33,017,199 for the same period in 2023[3] - Net income for the six months ended September 30, 2024, was HKD 4,652,035, a decrease of 27.5% from HKD 6,418,069 in the prior year[3] - Earnings per share for the six months ended September 30, 2024, were HKD 0.27, down from HKD 0.40 in the same period of 2023[3] Cash and Assets - Cash and cash equivalents as of September 30, 2024, were HKD 81,047,102, up 126.5% from HKD 35,885,666 as of March 31, 2024[1] - Total current assets increased to HKD 95,767,496 as of September 30, 2024, compared to HKD 52,844,046 as of March 31, 2024, reflecting a growth of 81.2%[1] - Total shareholders' equity increased to HKD 73,345,685 as of September 30, 2024, compared to HKD 31,075,301 as of March 31, 2024, reflecting a growth of 135.5%[1] Liabilities and Stability - Total liabilities remained stable at HKD 27,037,713 as of September 30, 2024, compared to HKD 22,438,011 as of March 31, 2024[1] Share Issuance - The company issued 1,500,000 ordinary shares on May 15, 2024, and 113,083 ordinary shares on July 5, 2024, increasing total shares outstanding to 17,613,083[6] Cash Flows - Cash flows from operating activities for the six months ended September 30, 2024, were HKD 2,621,059, a significant decrease from HKD 16,412,961 in the prior year[9] Initial Public Offering - The company reported a total of HKD 42,772,241 in proceeds from the Initial Public Offering of shares during the six months ended September 30, 2024[9]