Financial Performance - The group recorded revenue of approximately HKD 18.9 million for the six months ended June 30, 2025, a decrease of about 8.3% compared to HKD 20.6 million for the same period in 2024[6]. - The loss attributable to equity holders of the parent for the six months ended June 30, 2025, was approximately HKD 0.2 million, a significant improvement from a loss of approximately HKD 1.2 million in the same period of 2024[6]. - Other income decreased by approximately 25% to HKD 0.9 million for the six months ended June 30, 2025, down from HKD 1.2 million for the same period in 2024, primarily due to a decline in bank interest income[8]. - Total revenue decreased by approximately HKD 1.7 million or 8.3% to about HKD 18.9 million for the six months ending June 30, 2025, compared to HKD 20.6 million for the same period in 2024[21]. - Revenue for the six months ended June 30, 2025, was HKD 18,900,000, a decrease of 8.2% compared to HKD 20,590,000 for the same period in 2024[50]. - The company reported a pre-tax loss of HKD (120,000), significantly improved from a loss of HKD (1,196,000) in the previous year[50]. - The net loss for the period was HKD (181,000), a substantial reduction from HKD (1,216,000) in the prior year[50]. - The segment loss for online backup software and related services was HKD 2,138,000, compared to a loss of HKD 2,369,000 in the same period last year, showing a slight improvement[66]. Cost Management - Employee costs and related expenses decreased by approximately 3.9% to HKD 14.6 million for the six months ended June 30, 2025, compared to HKD 15.2 million for the same period in 2024[10]. - Other expenses decreased by approximately 14.9% to HKD 6.3 million for the six months ended June 30, 2025, down from HKD 7.4 million for the same period in 2024, mainly due to reduced advertising and marketing expenses[12]. - The total employee and director costs for the six months ended June 30, 2025, amounted to approximately HKD 14.6 million, a decrease of about HKD 0.6 million compared to the same period in 2024[39]. - Research and development costs included in employee costs and related expenses were 4,859 thousand HKD for the six months ended June 30, 2025, compared to 5,449 thousand HKD in 2024[71]. - The depreciation expense for property, plant, and equipment for the six months ended June 30, 2025, was 484 thousand HKD, compared to 590 thousand HKD in 2024[72]. Assets and Liabilities - As of June 30, 2025, the group's current assets were approximately HKD 59.3 million, compared to HKD 59.6 million as of December 31, 2024, indicating stable financial health[15]. - Total assets as of June 30, 2025, were HKD 74,599,000, slightly down from HKD 76,145,000 at the end of 2024[51]. - Current liabilities decreased to HKD 14,997,000 from HKD 15,626,000, showing a reduction of 4.0%[51]. - The net asset value increased to HKD 55,212,000 from HKD 54,935,000, reflecting a growth of 0.5%[51]. - Total liabilities for the reporting segments as of June 30, 2025, were 19,387 thousand HKD, a decrease from 21,210 thousand HKD as of December 31, 2024[67]. Share Capital and Ownership - The group’s capital structure consists solely of ordinary shares, with an issued share capital of HKD 20.0 million as of June 30, 2025[17]. - As of June 30, 2025, All Divine Investments Limited holds 1,500,000,000 shares, representing 75% of the issued shares[30]. - As of June 30, 2025, the company has issued 2,000,000,000 shares, with All Divine holding 1,500,000,000 shares, representing 75% of the total issued shares[31]. - The total issued and paid-up share capital remained at HKD 20,000,000 with 2,000,000,000 shares as of June 30, 2025[84]. Product Development and Innovation - The launch of version 10.1 of AhsayOBM and AhsayACB introduced significant enhancements in compatibility and data protection, reflecting the company's commitment to innovation[23]. - The integration of "immutable backup" is a key feature designed to protect backup data from tampering, deletion, or ransomware attacks[23]. - The company is adjusting its pricing structure and bundling options to meet changing customer preferences, transitioning from bulk licenses to flexible subscription plans[24]. - The interest in the Ahsay Managed Backup Service (AMBaaS) product has increased, making it a preferred choice for small businesses and resellers[24]. - The AI Tips feature utilizes extensive datasets to generate race predictions, enhancing the accuracy of tips and empowering users to make informed betting decisions[26]. - The company has developed two information platforms, KINBOY and KINTIPS, primarily accessible via mobile applications[25]. Compliance and Governance - The audit committee has reviewed the interim financial information for the six months ended June 30, 2025, ensuring compliance with applicable accounting standards and GEM listing rules[43]. - The company did not declare or propose any dividends to ordinary shareholders for the six months ended June 30, 2025[76]. Related Party Transactions - The company incurred related party transactions amounting to HKD 1,254,000 with Assets Sino Investments (HK) Limited, slightly down from HKD 1,260,000[88].
亚势备份(08290) - 2025 - 中期财报