Financial Performance - The company reported unaudited revenue of HKD 31,992,000 for the six months ended September 30, 2025, compared to HKD 9,209,000 for the same period in 2024, representing a significant increase of 247%[10]. - The net loss for the period was HKD 5,412,000, an improvement from a net loss of HKD 6,740,000 in the previous year, indicating a reduction in losses by approximately 20%[10]. - The company reported a pre-tax loss of HKD 4,803,000 for the six months ended September 30, 2025, compared to a pre-tax loss of HKD 6,493,000 in the same period of 2024, showing an improvement of 26%[25]. - The group recorded a loss before tax of approximately HKD 4.8 million for the six months ended September 30, 2025, a decrease of about HKD 1.7 million or 26.0% from HKD 6.5 million in 2024[88]. - The loss attributable to owners for the six months ended September 30, 2025, was approximately HKD 5.4 million, a decrease of about HKD 1.3 million or 19.7% from a loss of approximately HKD 6.7 million for the same period in 2024[72]. Revenue Breakdown - For the six months ended September 30, 2025, the company reported total contract revenue of HKD 31,992,000, a significant increase from HKD 9,209,000 in the same period of 2024, representing a growth of 248%[19]. - Revenue from licensing and maintenance services reached HKD 17,070,000, up from HKD 5,092,000, marking a 235% increase year-over-year[19]. - The company generated HKD 11,646,000 from initial setup and customization services, compared to HKD 495,000 in the previous year, reflecting a growth of 2240%[19]. - The geographical breakdown of revenue shows that revenue from mainland China surged to HKD 24,459,000 from HKD 782,000, indicating a growth of 3030%[19]. - The e-commerce segment generated HKD 22,149,000 in revenue, while the financial trading solutions segment contributed HKD 6,567,000, with total segment revenue amounting to HKD 31,592,000[25]. Assets and Liabilities - Total assets increased to HKD 124,596,000 as of September 30, 2025, compared to HKD 70,052,000 as of March 31, 2025, reflecting a growth of 78%[11][12]. - The company reported a total equity of HKD 89,906,000 as of September 30, 2025, up from HKD 61,578,000, representing a growth of 46%[12]. - The company’s total liabilities increased to HKD 34,690,000 from HKD 8,474,000, reflecting a rise of 309%[12]. - The company’s cash and cash equivalents rose to HKD 20,070,000 from HKD 18,232,000, marking an increase of 10%[12]. - The group’s net current assets were approximately HKD 45.0 million as of September 30, 2025, compared to HKD 19.7 million as of March 31, 2025[92]. Corporate Governance - The company has adopted high standards of corporate governance and has complied with all applicable code provisions during the reporting period[115]. - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited interim results for the six months ending September 30, 2025[116]. - The company has adopted a code of conduct for securities transactions by directors, adhering to the standards set forth in the GEM Listing Rules[124]. - The company established an audit committee on March 29, 2019, in accordance with GEM Listing Rules, with responsibilities including reviewing financial reporting and internal controls[129]. - The company has not been aware of any violations of the securities trading code by any directors during the relevant period[126]. Shareholder Information - The company’s major shareholder, Ms. Di, holds 249,396,000 shares, representing approximately 51.96% of the issued shares[119]. - The company received notification that its major shareholder sold a total of 81,396,000 shares in the open market, retaining rights to 168,000,000 shares, which is 35% of the issued shares[122]. - The board of directors did not recommend an interim dividend for the six months ended September 30, 2025[110]. - The company did not declare any interim dividends for the six months ended September 30, 2025, consistent with the previous year[41]. Employee and Compensation - The company employed 48 full-time employees as of September 30, 2025, an increase from 31 employees as of March 31, 2025[109]. - The total management compensation for the six months ended September 30, 2025, was HKD 1,750,000, compared to HKD 1,652,000 for the same period in 2024[67]. - The total employee benefits expenses for the six months ended September 30, 2025, amounted to approximately HKD 9.2 million, compared to HKD 10.1 million for the same period in 2024[109]. Financial Reporting Standards - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from April 1, 2025, which are not expected to have a significant impact on the financial performance and position[18]. - The company is currently evaluating the potential impacts of newly issued Hong Kong Financial Reporting Standards that have not yet become effective[18]. - The company has adopted accounting policies and practices in line with the GEM Listing Rules[129]. Other Financial Information - The company raised approximately HKD 33.7 million from a share placement completed on July 22, 2025, increasing the issued share capital from 400 million to 480 million shares[102][103]. - The expected use of the net proceeds from the placement includes HKD 13.1 million for business development and marketing activities, with only HKD 0.3 million actually utilized as of September 30, 2025[105]. - The company has no pledged assets as of September 30, 2025[106]. - There were no significant investments or acquisitions made by the company during the six months ended September 30, 2025[107].
大象控股集团(08635) - 2026 - 中期业绩