GAMEONE(HK:08282)2025-08-15 08:43Financial Performance - Revenue for the six months ended June 30, 2025, was HKD 38,444,000, representing a 92% increase from HKD 20,046,000 in the same period of 2024[7] - Gross profit for the same period was HKD 8,219,000, up from HKD 7,547,000, indicating a growth of 8.9%[7] - Operating profit increased significantly to HKD 1,290,000 from HKD 142,000, marking a substantial rise of 810%[7] - The total comprehensive income for the period was HKD 2,678,000, compared to HKD 988,000 in the previous year, reflecting a growth of 170%[7] - Basic and diluted earnings per share rose to HKD 3.39 from HKD 0.41, an increase of 726%[7] - The net profit for the six months ended June 30, 2025, was approximately HKD 1.3 million, a significant increase from a net profit of about HKD 0.1 million in the same period of 2024[41] Cash and Assets - Cash and cash equivalents as of June 30, 2025, were HKD 8,904,000, up from HKD 5,888,000, showing a 51% increase[9] - Total assets less current liabilities increased to HKD 25,691,000 from HKD 23,138,000, a growth of 11%[9] - The company's equity attributable to owners increased to HKD 26,400,000 from HKD 23,662,000, representing an increase of 11.6%[9] - Cash and cash equivalents increased to HKD 8,904,000 at the end of the period, up from HKD 4,002,000 at the end of June 30, 2024[12] Revenue Segmentation - The software services segment generated revenue of HKD 33,078,000, a significant increase of 198.5% from HKD 11,097,000 in the previous year[22] - The trading agency services segment contributed HKD 2,875,000 in revenue, with no revenue reported in the same period of 2024[22] - The geographical breakdown of revenue showed that China accounted for HKD 35,569,000, a significant increase from HKD 11,097,000 in 2024[24] Expenses and Costs - The cost of services provided rose by approximately 141.8% to HKD 30.2 million from HKD 12.5 million in the previous year, primarily due to increased costs associated with software services[43] - Sales expenses increased by approximately 122.4% from about HKD 1.4 million in 2024 to about HKD 3.2 million for the six months ending June 30, 2025, primarily due to increased promotion and advertising expenses in the software services business[46] - Administrative expenses decreased by approximately 39.3% from about HKD 6.1 million in 2024 to about HKD 3.7 million for the six months ending June 30, 2025, mainly due to reduced employee costs and legal and professional fees[47] Shareholder Information - The company has maintained its issued share capital at HKD 3.8 million, with 38,000,000 ordinary shares as of June 30, 2025[37] - As of June 30, 2025, Topliu Limited holds 14,288,677 shares, representing approximately 37.60% of the company's equity[70] - Ms. Sun Li holds 6,071,625 shares through spousal interest, accounting for approximately 15.98% of the company's equity[70] Corporate Governance - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[76] - The board believes that having the same individual serve as both CEO and chairman enhances strategic planning and execution consistency[77] - The company has complied with GEM Listing Rule 5.28 regarding the establishment of an audit committee, which includes independent non-executive directors[90] - The audit committee has reviewed the unaudited consolidated results for the six months ending June 30, 2025, and believes they comply with applicable accounting standards and GEM Listing Rules[90] Future Outlook and Plans - The company continues to focus on software services, internet security technology services, and big data analysis as its primary business segments[14] - The company has no significant investments or acquisition plans as of June 30, 2025[56] - There were no significant events after the reporting period up to the date of this report[91]