Financial Performance - For the fiscal year ending March 31, 2025, the company reported total revenue of HKD 122,223,000, a slight increase of 0.3% from HKD 121,876,000 in the previous year[3]. - The cost of sales for the same period was HKD 81,422,000, up from HKD 78,237,000, reflecting a year-over-year increase of 2.5%[3]. - The company incurred a loss before tax from continuing operations of HKD 12,088,000, compared to a loss of HKD 4,710,000 in the prior year, indicating a significant increase in losses[3]. - The total comprehensive loss for the year was HKD 18,814,000, compared to HKD 14,328,000 in the previous year, representing a 31.5% increase in losses[4]. - Basic and diluted loss per share from continuing and discontinued operations was HKD (1.74), compared to HKD (1.23) in the previous year, indicating a worsening financial position[5]. - The company incurred a total loss of HKD 18,319,000 for the year ended March 31, 2025, compared to a loss of HKD 12,882,000 for the previous year, representing an increase in losses of approximately 42.5%[7]. - Operating profit from continuing operations decreased by approximately HKD 2,838,000 or 6.5% to about HKD 40,801,000 for the year ending March 31, 2025, with the operating profit margin declining from 35.8% to 33.4%[58]. - Loss from continuing operations increased by approximately HKD 7,507,000 or 160.2% to about HKD 12,194,000 for the year ending March 31, 2025[66]. Assets and Liabilities - Non-current assets decreased to HKD 75,583,000 from HKD 93,067,000, a decline of 18.8% year-over-year[6]. - Current assets also decreased to HKD 75,910,000 from HKD 97,080,000, reflecting a decline of 21.7%[6]. - Total liabilities decreased to HKD 32,547,000 from HKD 47,066,000, a reduction of 30.8%[6]. - The company's equity attributable to shareholders decreased to HKD 117,210,000 from HKD 141,234,000, a decline of 16.9%[6]. - The company reported a total equity of HKD 117,210,000 as of March 31, 2025, a decrease from HKD 141,234,000 as of March 31, 2024, reflecting a decline of approximately 16.9%[7]. - The debt-to-equity ratio was approximately 6.8% as of March 31, 2025, compared to 7.5% in 2024[72]. - Bank borrowings decreased to HKD 10,239,000 in 2025 from HKD 14,335,000 in 2024, reflecting a reduction of approximately 29%[40]. Cash Flow and Financing - The company's cash and cash equivalents increased to HKD 48,829,000 from HKD 35,819,000, showing a growth of 36.3%[6]. - The company generated operating cash flow of approximately 310,000 HKD in 2025, a significant improvement from a cash outflow of 5,745,000 HKD in 2024[25]. - Interest expense on bank borrowings decreased to HKD 710,000 in 2025 from HKD 988,000 in 2024, representing a reduction of about 28.1%[21]. - The company reported a total financing cost of 10,000 HKD in 2025, down from 49,000 HKD in 2024, indicating reduced financing expenses[25]. Revenue Breakdown - Revenue from video conferencing and multimedia audio-visual solutions services was HKD 104,866,000 in 2025, compared to HKD 104,613,000 in 2024, indicating a growth of about 0.2%[15]. - Revenue from external customers in Hong Kong was HKD 120,783,000 in 2025, up from HKD 118,622,000 in 2024, reflecting a growth of about 1.8%[20]. - Revenue from continuing operations increased by approximately HKD 347,000 or 0.3% to about HKD 122,223,000 for the year ending March 31, 2025[57]. - Revenue from video conferencing and multimedia solutions accounted for 85.8% of total revenue, while maintenance services contributed 14.2%[56]. Employee and Operational Costs - The company’s total employee costs for 2025 were HKD 33,549,000, slightly down from HKD 34,294,000 in 2024, a decrease of approximately 2.2%[22]. - Employee costs decreased by approximately HKD 745,000 or 2.2% to about HKD 33,549,000 for the year ending March 31, 2025[59]. - Other operating expenses increased by approximately HKD 1,399,000 or 18.0% to about HKD 9,173,000 for the year ending March 31, 2025[63]. Shareholder Information - The company did not declare any dividends for 2025, while it distributed approximately 17,859,000 HKD in dividends for 2024[27]. - The company’s share capital remained unchanged at HKD 10,505,000 as of March 31, 2025, consistent with the previous year[7]. - The total number of issued and fully paid shares remained at 1,050,500 shares as of March 31, 2025[42]. Corporate Governance and Compliance - The group has complied with all relevant laws and regulations, with no significant administrative sanctions or penalties imposed[79]. - The board has adopted corporate governance principles to ensure proper regulation of business activities and decision-making processes[88]. - The audit committee was established on May 11, 2015, to ensure effective risk management and internal control systems are in place[93]. Events and Future Outlook - The company has not applied any new accounting standards that are effective for future periods, indicating stability in accounting practices for the upcoming fiscal year[11]. - The annual general meeting is scheduled for August 8, 2025, with a suspension of share transfer registration from August 5 to August 8, 2025[90]. - No significant events requiring disclosure have occurred since March 31, 2025, up to the date of this announcement[91].
超智能控股(01402) - 2025 - 年度业绩