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辰罡科技(08131) - 2022 Q1 - 季度财报

Financial Performance - The company reported revenue of HKD 18,920,000 for the three months ended February 28, 2022, representing a 169% increase from HKD 7,035,000 in the same period last year[6]. - Gross profit for the same period was HKD 12,701,000, up from HKD 5,530,000, resulting in a gross margin of approximately 67%[6]. - Operating profit increased to HKD 4,598,000, compared to HKD 2,151,000 in the previous year, reflecting a growth of 114%[6]. - The company achieved a profit before tax of HKD 4,226,000, significantly higher than HKD 924,000 in the prior year[6]. - Basic earnings per share rose to HKD 0.89, compared to HKD 0.35 in the same quarter last year, marking an increase of 154%[6]. - The unaudited net profit for the period was approximately HKD 4,226,000, compared to HKD 1,060,000 for the same period last year[22]. - Operating expenses for the period were approximately HKD 8,102,000, a 140% increase from HKD 3,372,000 in the previous year[23]. Revenue Sources - Revenue from software licensing and related services was HKD 14,094,000, a substantial increase from HKD 4,861,000 year-on-year[11]. - Approximately HKD 14,094,000 or 74% of total revenue came from software licensing, leasing, and related services[22]. - The company reported a significant rise in maintenance service revenue to HKD 2,956,000 from HKD 992,000, indicating a growth of 198%[11]. - The revenue from the fintech resource services segment reached approximately HKD 1,850,000 for the three months ending February 28, 2022, a 585% increase compared to HKD 270,000 in the same period last year[32]. Cost Management - Financing costs decreased to HKD 372,000 from HKD 1,227,000, showing a reduction of approximately 70%[13]. - The company continues to implement strict cost control measures despite the increase in operating expenses due to business growth[23]. - The total employee costs (excluding directors' remuneration) were approximately HKD 2,267,000, remaining stable compared to HKD 2,245,000 in the previous year[25]. Strategic Initiatives - The company expanded its fintech resources segment through the acquisition of a consulting firm, significantly increasing revenue from this segment compared to the previous year[22]. - The company has developed and launched a new solution called the "Customer Review System" as part of its FinReg product line[27]. - The FinReg and customer review system have significantly increased the number of new customers since their launch in 2021, contributing to revenue growth[28]. - The company plans to enhance its R&D capabilities and improve the quality of its sales and marketing teams to drive revenue growth in 2022[34]. - The company is optimistic about the prospects for regulatory technology and IT-related services, aiming to strengthen its strategic plans and explore new business opportunities[29]. - The introduction of advanced features in the FinReg platform, including an automated customer review system, aims to improve compliance and risk management for clients[31]. - The company is committed to diversifying its business to maintain market competitiveness and achieve sustainable growth[29]. - The company is focused on expanding its existing and potential customer base to drive revenue growth amid a challenging operating environment[33]. Shareholder Information - Maximizer International Limited holds 339,499,095 shares, representing 71.35% of the issued share capital[44]. - DGM Trust Corporation, as trustee, holds a total of 355,949,933 shares, accounting for 74.81% of the issued share capital[44]. - The company issued 123,529,400 convertible preferred shares at an initial conversion price of HKD 0.17 per share[48]. - The company issued convertible bonds with a principal amount of HKD 29,699,876.20, convertible into up to 174,705,154 shares at the same conversion price of HKD 0.17 per share[48]. - No records of short positions in shares or bonds by directors or senior management were found[41][42]. - The company has not disclosed any other interests or short positions by major shareholders as of February 28, 2022[46][47]. Compliance and Governance - The audit committee held one meeting to review the company's financial reports for the three months ending February 28, 2022[50]. - The company did not repurchase any listed securities during the three months ending February 28, 2022[52]. - There were no purchases or sales of the company's listed securities by the company or its subsidiaries during the reporting period[52]. - The board did not recommend the distribution of an interim dividend for the three months ended February 28, 2022[21]. - The company will continue to comply with GEM listing rules and provide further announcements as necessary[51].