Revenue and Profitability - Revenue from external customers for the six months ended 30 June 2023 was HK$54,431,000, with software business contributing HK$42,797,000[10] - The profit from operations for the period was HK$2,570,000, while profit before tax was HK$2,486,000[10] - Revenue for the three months ended June 30, 2023, was HK$18,097,000, a decrease of 14.2% compared to HK$21,089,000 in the same period of 2022[70] - Gross profit for the six months ended June 30, 2023, was HK$30,325,000, down 17.0% from HK$36,596,000 in the same period of 2022[70] - For the six months ended June 30, 2023, the Group reported total revenue of HK$43,500,000, a decrease of 20.1% compared to HK$54,431,000 for the same period in 2022[124] - Revenue from corporate management solutions and IT contract services was HK$36,163,000, down 15.5% from HK$42,797,000 in the prior year[124] - E-commerce revenue, which includes business-to-customer online sales, generated HK$7,205,000, a decline of 27.4% from HK$9,919,000 in the previous year[124] Segment Performance - The software business segment reported a profit of HK$11,861,000, while the securities investment business incurred a loss of HK$3,516,000[10] - The Group's segment reporting includes various business lines, with specific focus on the performance of B2B and B2C operations[63] - The segment results showed a profit of HK$4,746,000 from the Software Business, while the Securities Investment Business reported a loss of HK$2,166,000[190] - The total segment results for the B2C Online Sales Platform and B2B Product Trading Business were a loss of HK$26,000[190] Financial Position - Total assets as of June 30, 2023, amounted to HK$301,537,000, an increase from HK$257,244,000 as of December 31, 2022[96] - As of June 30, 2023, total assets less current liabilities amounted to HK$260,564,000, a decrease of 1.0% from HK$264,646,000 as of December 31, 2022[82] - Total liabilities as of June 30, 2023, were HK$55,672,000, up from HK$54,336,000 as of December 31, 2022[96] - The company reported a loss for the period, with accumulated losses reaching HK$1,310,062,000 as of June 30, 2023[88] - Total equity decreased to HK$241,201,000 from HK$245,865,000, representing a reduction of 1.5%[85] Cash Flow and Investments - Net cash generated from operating activities for the six months ended June 30, 2023, was HK$36,965,000, compared to HK$31,054,000 for the same period in 2022, representing an increase of 19.4%[102] - The company reported a net cash used in investing activities of HK$20,778,000 for the six months ended June 30, 2023, an improvement from HK$23,146,000 in the same period of 2022[102] - Cash and cash equivalents rose to HK$86,284,000 from HK$70,592,000, marking an increase of 22.2%[82] - The company’s securities investment business reported segment assets of HK$32,320,000 as of June 30, 2023[96] Impairment and Losses - The company recognized a fair value loss of HK$2,365,000 on financial assets at FVTPL for the six months ended 30 June 2023[3] - The company reported a loss for the period of HK$5,499,000 for the three months ended June 30, 2023, compared to a loss of HK$3,588,000 in the same period of 2022[73] - The Group's other gains and losses for the six months ended June 30, 2023, resulted in a net loss of HK$3,347,000, compared to a loss of HK$1,221,000 in the same period of 2022[129] - The Group's loss on disposal of property, plant, and equipment was HK$3,586,000 for the six months ended June 30, 2023, compared to a loss of HK$2,365,000 in the same period of 2022[129] Future Outlook and Strategies - The company plans to continue expanding its B2C online sales platform and B2B product trading business[10] - The company is exploring new strategies for market expansion and product development in the upcoming quarters[10] - The company aims to expand its market presence through the development of new software products and enhancements to existing services[103] Compliance and Governance - The Directors confirm that the information contained in the report is accurate and complete in all material respects, ensuring transparency for investors[54] - The Group is in the process of assessing the potential impact of new and revised HKFRSs but has not yet determined if they will materially affect its financial position[110] - The Group adopted all new and revised Hong Kong Financial Reporting Standards effective from January 1, 2023, with no significant impact on accounting policies or reported amounts[125] Shareholder Information - The Board does not recommend the payment of any dividend for the period, consistent with the previous year[119] - The weighted average number of ordinary shares for calculating basic loss per share remained constant at 444,448,000 shares for both periods[151] - The company has a total of 44,444,823 share options available for grant under the share option scheme, representing approximately 10% of the issued share capital as of the report date[200]
智易控股(08100) - 2023 - 中期财报