Financial Performance - Revenue for the Media Content Distribution Business increased by 9.9% to HK$354,405,000, while the Brand Licensing Business surged by 76.4% to HK$293,401,000, leading to a total revenue growth of 32.5% to HK$647,806,000[12]. - Profit attributable to shareholders rose by 6.8% to HK$52,311,000, with a proposed final dividend of HK$0.28 per share, down from HK$0.32 per share in the previous year[12]. - The gross profit margin slightly decreased to 47.9% from 48.3%[12]. - The company reported a total revenue of HK$647.8 million for the year, with a net profit of HK$52.3 million, representing a 6.8% increase in net profit[20][30]. - The media content distribution business generated revenue of HK$354.4 million, reflecting a growth of 9.9% compared to the previous year[30][31]. - The brand licensing business achieved revenue of HK$293.4 million, marking a significant increase of 76.4%[30]. - Revenue for the year ended March 31, 2025, increased by 32.5% to HK$647.8 million, driven by a 9.9% increase in Media Content Distribution Business and a 76.4% increase in Brand Licensing Business[78][79]. - Media Content Distribution Business contributed 54.7% of total revenue, while Brand Licensing Business accounted for 45.3%[78]. Market Expansion and Strategy - The company plans to continue expanding its media content and brand licensing segments to capitalize on the growing market demand[12]. - Future outlook remains positive with expectations of further revenue growth driven by new product launches and market expansion strategies[12]. - The company plans to continue its "GO GLOBAL" strategy, focusing on mergers and acquisitions to expand its market presence[21][24]. - The company aims to innovate and create new products and services by breaking conventional modes and identifying market needs[22][25]. - The Group plans to invest in new management and expand content portfolios and sales territories for the year 2025/26[61]. - The company will actively extend its footprint to emerging markets like Vietnam and India through acquisitions and joint ventures[74]. Content and Licensing Developments - Ani-One® expanded its YouTube presence with two new localized sub-channels for Indonesia and India, growing its network to seven channels and achieving over 8.4 million subscribers[35]. - The company has initiated a new partnership with South Korean video streamer Laftel to enhance content distribution in Asia[31]. - The Group secured top-performing anime titles such as "Solo Leveling Season 2" and "Kaiju No. 8," with "Solo Leveling Season 2" consistently ranking in the Top 10 TV Shows on Netflix in multiple territories since its launch[44]. - The Group acquired several blockbuster movies, including "Detective Chinatown 1900," which became the first Mainland franchise movie to surpass RMB 10 billion at the Chinese box office[48]. - The Group's affiliate, Sunrise eMarketing Limited, positively contributed to profits through trading and e-commerce of licensed anime products, including brands like "Jujutsu Kaisen" and "Chainsaw Man"[49]. - The Group entered into a master license agreement with SUNLEMON for plush toys, expanding its licensing portfolio in Asia[51]. - Ani-One® launched original ACG-focused content, enhancing fan engagement through collaborations with YouTube for shopping events[39]. - The Group hosted successful pop-up events, including a "Haikyu!!" pop-up with over 200 SKUs, attracting significant fan participation[60]. Financial Position and Liquidity - The liquidity ratios remained stable, with a current ratio of 2.6 and a cash ratio improving to 0.9 from 0.7[12]. - Total equity increased from HK$588 million to HK$615 million[16]. - The company did not have any interest-bearing or external borrowings, making the debt to equity ratio not applicable[12]. - Net current assets increased by 8.3% to HK$556.4 million as of March 31, 2025, compared to HK$513.9 million as of March 31, 2024, primarily due to an increase in cash and cash equivalents[116]. - The net assets increased by 4.6% to HK$614.8 million as of March 31, 2025, compared to HK$587.7 million as of March 31, 2024[117]. - Cash and cash equivalents amounted to HK$326.4 million as of March 31, 2025, up from HK$235.7 million in the previous year[118]. - Trade receivables decreased by 4.3% due to strengthened collection practices, resulting in faster payments from customers during the year[113]. - Current assets increased by 8.3% to HK$556.4 million as of March 31, 2025, compared to HK$513.9 million as of March 31, 2024[123]. Corporate Governance - The Board is committed to maintaining good corporate governance practices and has complied with the CG Code provisions throughout the reporting period[151][152]. - The Board consists of a mix of executive and independent non-executive directors, meeting the requirements of the Listing Rules[158][159]. - The Audit Committee comprises one non-executive Director and three independent non-executive Directors, ensuring oversight of financial reporting and compliance[191]. - The Company has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee, each with specific written terms of reference[196]. - The Company reviewed its corporate governance policies and compliance with legal and regulatory requirements[195]. - The Audit Committee's responsibilities are aligned with the corporate governance code, ensuring effective oversight of financial reporting and internal controls[197]. - The Company has arrangements for employees and stakeholders to report potential improprieties in financial reporting and internal controls[197].
羚邦集团(02230) - 2025 - 年度财报