游莱互动(02022) - 2022 - 中期财报

Company Overview - Digital Hollywood Interactive Limited's stock code is 2022[1]. - The company is incorporated in the Cayman Islands with limited liability[1]. - The reporting period for the interim report ended on June 30, 2022[7]. Financial Performance - Revenue for the reporting period amounted to approximately US$6.2 million, representing an increase of approximately 3.3% from approximately US$6.0 million for the corresponding period in 2021[16]. - Gross profit for the reporting period amounted to approximately US$2.6 million, representing a decrease of approximately 7.1% from approximately US$2.8 million for the corresponding period in 2021[16]. - Loss attributable to owners of the company for the reporting period amounted to approximately US$1.9 million, representing an increase of approximately 72.7% from approximately US$1.1 million for the corresponding period in 2021[17]. - Non-IFRS adjusted loss attributable to owners of the company for the reporting period amounted to approximately US$1.9 million, representing an increase of approximately 90.0% from approximately US$1.0 million for the corresponding period in 2021[17]. - Loss before income tax for the reporting period was approximately US$1.8 million, compared to a loss of approximately US$926,000 for the corresponding period in 2021[22]. - Income tax expense for the reporting period was approximately US$140,000, compared to US$161,000 for the corresponding period in 2021[22]. Assets and Liabilities - Total assets as of June 30, 2022, were approximately US$48.6 million, a decrease from US$52.0 million as of December 31, 2021[22]. - Total liabilities as of June 30, 2022, were approximately US$9.9 million, a decrease from US$10.8 million as of December 31, 2021[22]. - Equity attributable to owners of the company as of June 30, 2022, was approximately US$38.7 million, down from US$41.2 million as of December 31, 2021[22]. - As of June 30, 2022, total bank balances, cash, and short-term deposits amounted to approximately US$26.6 million, a decrease of approximately 18.7% from approximately US$32.7 million as of December 31, 2021[37]. - Current assets amounted to approximately US$38.2 million, with current liabilities of approximately US$8.8 million, resulting in a current ratio of 4.3 as of June 30, 2022, down from 4.8 as of December 31, 2021[37]. Operational Highlights - The company is focusing on future business expansion and new product development strategies[24]. - The Group plans to gradually develop a paid download function for games on the GHG game platform to enhance user experience and meet entertainment needs[27]. - A platform currency system will be established on the GHG game platform, allowing users to purchase in-game items using platform coins[27]. - The major game, Eternal Fury, is set to launch on Steam, and a Japanese version is in development to enter new language markets[29]. - The Group will continue to explore new overseas game markets and platforms to create new development opportunities[31]. Employee and Remuneration Information - The Group had 168 employees as of June 30, 2022, with 56 in game development, 80 in game operation, and 32 in general administration[51]. - The total remuneration expenses for the Reporting Period were approximately US$2.2 million, representing a decrease of approximately 5.9% compared to the corresponding period in 2021[51]. - The Group's wages, salaries, and bonuses for the six months ended June 30, 2022, amounted to USD 92,500, down from USD 105,127 in the same period of 2021, representing a decrease of about 12.4%[191]. Compliance and Governance - The Company has complied with the relevant code provisions contained in the CG Code during the Reporting Period, with a noted deviation regarding the roles of chairman and chief executive officer[59]. - The audit committee confirmed that the applicable accounting principles and standards have been complied with, and adequate disclosures have been made for the Reporting Period[64]. - The Group's management is responsible for overall strategic planning and general management, with Mr. LU Yuanfeng performing both the chairman and CEO roles[59]. Shareholder Information - As of June 30, 2022, Mr. LU Yuanfeng holds 947,958,387 shares, representing approximately 47.40% of the company's total issued share capital[71]. - LYF Digital Holdings Limited, LXT Digital Holdings Limited, and HDQ Digital Holdings Limited hold 27.64%, 2.85%, and 4.91% of the company's issued share capital, respectively, qualifying them as associated corporations[77]. - The Group's interests of Directors and the chief executive in the shares of the company were required to be notified to the company and the Stock Exchange as per the SFO[79]. Future Outlook - Investment utilization from the IPO is expected to be fully utilized on or before June 30, 2024, while development and research funds are expected to be fully utilized on or before December 31, 2022[48]. - The Group intends to retain its PRC subsidiaries' earnings for business expansion, with no deferred income tax liability accrued[160]. Legal and Regulatory Matters - The Group was not involved in any material legal proceedings during the Reporting Period, except for the ongoing legal proceedings initiated by Guangzhou ZYK against Qianhai Huanjing[53]. - The Group did not have any significant contingent liabilities as of June 30, 2022, consistent with the position as of December 31, 2021[196].