Financial Performance - The group's revenue decreased from approximately €8.7 million for the three months ended March 31, 2021, to approximately €7.5 million for the three months ended March 31, 2022, representing a decline of about 13.5%[10] - The company recorded a loss attributable to equity holders of approximately €0.3 million for the three months ended March 31, 2022, compared to a profit of approximately €0.2 million for the same period in 2021[10] - Revenue for the three months ended March 31, 2022, was €7,489,757, a decrease of 13.5% compared to €8,656,399 in the same period of 2021[51] - The company reported a net loss of €276,522 for the three months ended March 31, 2022, compared to a profit of €206,725 in the same period of 2021[53] - Total comprehensive loss for the period was €154,510, compared to a total comprehensive income of €310,523 in the same period of 2021[53] - The company’s basic and diluted loss per share was €0.07, compared to earnings of €0.05 per share in the previous year[51] - The basic loss per share for the first quarter of 2022 was €(0.07), a decrease from €0.05 in the first quarter of 2021[67] Revenue Breakdown - Sales in the home phone segment decreased by approximately 12.7% to about €5.2 million, accounting for 69.5% of total revenue in Q1 2022[16] - Revenue from home phones was €5,205,337, down 12.7% from €5,960,918 in the previous year[60] - Revenue from elderly products decreased by 29.6% to €1,368,203 from €1,944,116 in the same period of 2021[60] - Sales to France decreased by approximately 20.6% to about €3.8 million, representing 51.3% of total revenue for Q1 2022[25] - Sales to other European countries decreased by approximately 20.7% to about €1.9 million, accounting for 25.8% of total revenue[26] - Revenue from office phones increased by 20.1% to €897,132 compared to €747,112 in the previous year[60] Cost and Expenses - The gross profit margin decreased from approximately 31.3% for the three months ended March 31, 2021, to approximately 27.7% for the same period in 2022, primarily due to increased material costs[30] - The cost of sales was €5,413,256, compared to €5,948,855 in the same period of 2021, indicating a reduction of 9%[51] - The sales cost decreased by approximately 9.0% to about €5.4 million for the three months ended March 31, 2022, consistent with the decline in revenue[30] - Sales and distribution expenses decreased from approximately €0.9 million for the three months ended March 31, 2021, to approximately €0.8 million for the three months ended March 31, 2022, primarily due to a reduction in marketing expenses[31] - Administrative expenses remained stable at approximately €1.3 million for both the three months ended March 31, 2021, and March 31, 2022[32] Shareholder Information - The major shareholders include Eiffel Global with a 75% stake, and other shareholders with varying percentages, including 11.83% and 9.67%[37] - The board did not recommend the payment of a dividend for the three months ended March 31, 2022[33] - There were no dividends declared or paid for the three months ended March 31, 2022, and 2021[70] - There were no purchases, sales, or redemptions of the company's shares during the three months ended March 31, 2022[35] - No stock options were granted, exercised, canceled, or lapsed under the stock option plan during the three months ended March 31, 2022[36] - As of March 31, 2022, the company had no unexercised stock options under the stock option plan[36] Future Plans - The company aims to expand its market share in the home phone business by launching more optimized products across different price ranges and enhancing product features in 2022[29] - The company plans to continue expanding its range of products for individuals with vision and hearing impairments in the elderly products market[29] Governance and Review - The company’s governance practices are regularly reviewed to comply with the GEM Listing Rules[46] - The unaudited condensed consolidated financial statements for the three months ended March 31, 2022, were reviewed by the audit committee[48] Foreign Exchange Impact - The company experienced a foreign exchange loss of €135,875, an improvement from a loss of €259,767 in the same period of 2021[51]
ATLINKS(08043) - 2022 Q1 - 季度财报