Financial Performance - For the six months ending September 30, 2025, the group's revenue was approximately HKD 106.1 million, an increase of about 7.65% compared to HKD 98.5 million for the same period in 2024[10]. - Gross profit increased from approximately HKD 18.5 million to HKD 22.8 million, representing a rise of about 23.2%[11]. - Overall gross margin improved from approximately 18.8% to 21.5% due to increased sales[11]. - Other income for the period was approximately HKD 1.7 million, up about 27.0% from HKD 1.3 million in the same period last year[12]. - Revenue for the six months ended September 30, 2025, was HKD 106,076,000, an increase of 7.6% compared to HKD 98,542,000 for the same period in 2024[66]. - Gross profit for the same period was HKD 22,764,000, representing a gross margin of 21.5%[66]. - The company reported a loss before tax of HKD 194,873,000, compared to a profit of HKD 827,000 in the previous year[66]. - Total comprehensive income for the period was HKD 97,232,000, a significant increase from HKD 691,000 in the prior year[66]. - Basic and diluted loss per share was HKD 43.25, compared to earnings of HKD 0.17 per share in the previous year[66]. Expenses and Costs - Sales and distribution expenses were approximately HKD 12.5 million, slightly up from HKD 12.4 million for the same period in 2024[13]. - Administrative expenses for the period amounted to approximately HKD 16.0 million, a significant increase from HKD 6.4 million for the six months ended September 30, 2024, primarily due to increased employee costs related to acquisitions and business expansion[14]. - Financing costs for the six months ended September 30, 2025, were approximately HKD 0.1 million, down from HKD 0.2 million for the same period in 2024[15]. - The company incurred a total cost of goods sold amounting to HKD 83,212 thousand, up from HKD 80,064 thousand in the same period last year[81]. - Employee benefits expenses, including director remuneration, increased to HKD 11,115 thousand from HKD 7,984 thousand year-on-year[81]. Investments and Acquisitions - The group completed its investment in DV8 Public Company Limited on August 22, 2025, and finalized its investment in a fund that subsequently invested in Bitplanet Co., Ltd. on August 26, 2025[7]. - The group successfully completed a voluntary tender offer to acquire all outstanding securities of DV8 at a price of THB 0.56 per share (approximately HKD 0.1357) and THB 0.01 per warrant (approximately HKD 0.0024), acquiring 188,961,300 shares, representing about 11.65% of DV8's total issued share capital, for a total consideration of THB 105,818,000 (approximately HKD 25,348,000)[33]. - The group agreed to subscribe for a 2.97% equity interest in Asia Strategy Partners LLC for USD 1.2 million (approximately HKD 9,384,000) to acquire equity in Bitplanet Inc.[35]. - The group issued convertible notes amounting to HKD 33.8 million, with net proceeds of approximately HKD 33.5 million intended for general working capital and potential investment opportunities in cryptocurrency and Web 3.0[26]. - The group completed an investment in DV8 Public Company Limited, acquiring approximately 11.65% of its issued share capital for about HKD 25,371 thousand[90]. Assets and Liabilities - Inventory as of September 30, 2025, was approximately HKD 33.8 million, a slight decrease from HKD 37.3 million as of March 31, 2025[18]. - The company's current assets net value was approximately HKD 64.9 million, down from HKD 80.1 million as of March 31, 2025, with a current ratio decreasing from about 9.3 times to 5.2 times[21]. - As of September 30, 2025, the company had no bank or other borrowings, maintaining a debt-to-equity ratio of zero[22][23]. - Non-current assets increased to HKD 366,690,000 as of September 30, 2025, from HKD 26,300,000 as of March 31, 2025[67]. - Current assets decreased to HKD 80,416,000 from HKD 89,687,000 during the same period[67]. - The company reported accounts payable of HKD 5,712 thousand as of September 30, 2025, significantly up from HKD 1,045 thousand as of March 31, 2025[94]. Shareholder Information - The total number of issued shares as of September 30, 2025, is 475,000,000[44]. - 210k Capital, LP holds 121,086,240 shares, representing approximately 25.49% of the total issued shares[44]. - Sora Valkyrie Limited owns 117,524,880 shares, which is also about 24.74% of the total issued shares[44]. - Top Legend SPC holds 46,387,440 shares, accounting for approximately 9.77% of the total issued shares[45]. - The total number of shares authorized as of September 30, 2025, was 10,000,000,000, with a par value of HKD 0.01 per share[98]. Corporate Changes - The company changed its name from "HK Asia Holdings Limited" to "Moon Inc." following a special resolution passed on May 12, 2025[41]. - The company has a stock option plan that was adopted on August 27, 2018, and was terminated on July 24, 2025, with no options granted during this period[51]. - The company maintained a public float of at least 25% of its issued shares throughout the reporting period[57]. Miscellaneous - The company has no pledged assets, capital commitments, or significant contingent liabilities as of September 30, 2025[38][39][40]. - The company did not purchase, sell, or redeem any listed securities during the reporting period[55]. - The company has not reported any significant changes in accounting policies compared to the previous financial year[74].
恒月控股(01723) - 2026 - 中期财报