Financial Performance - The group's revenue for the nine months ended September 30, 2022, was approximately HKD 247,600,000, an increase of about 70.9% compared to HKD 144,900,000 for the same period in 2021[3] - The operating loss for the nine months was approximately HKD 112,500,000, up from HKD 65,300,000 in the previous year, primarily due to increased costs and expenses despite higher revenue[3] - The net loss for the nine months was approximately HKD 124,600,000, a significant increase of about 168.8% from HKD 46,300,000 in the same period last year[3] - The total comprehensive loss for the nine months was approximately HKD 194,898,000, compared to a loss of HKD 39,017,000 in the previous year[8] - Basic loss per share for the nine months was HKD 1.05, compared to HKD 0.41 for the same period in 2021[8] - The company reported a basic loss per share of approximately HKD 34,599,000 for the three months ended September 30, 2022, compared to a loss of HKD 3,154,000 for the same period in 2021[12] Revenue Sources - Revenue contributions primarily came from lottery hardware sales and electronic payment services, with approximately HKD 104 million from the newly acquired subsidiary, Macau Tong, since its consolidation on March 24, 2022[40] - Revenue for the three months ended September 30, 2022, was HKD 114,331,000, a 70.5% increase compared to HKD 66,982,000 for the same period in 2021[11] - Revenue from electronic payment services, including payment card services, was HKD 28,653,000 for the three months ended September 30, 2022, with no revenue reported in the same period of 2021[11] - Revenue from lottery agency and related services was HKD 14,797,000 for the three months ended September 30, 2022, up 56.2% from HKD 9,493,000 in the same period of 2021[11] - The company reported a revenue of approximately 55,100,000 HKD from virtual lottery game sales, representing a 42.8% increase compared to previous periods[47] Expenses and Losses - The company recorded a fair value loss of approximately HKD 29,600,000 related to convertible loans provided to its joint venture, attributed to rising market interest rates[3] - Employee benefit expenses decreased by approximately 17.3% to about HKD 89,600,000 during the nine-month period, despite the inclusion of expenses from the newly acquired subsidiary[3] - The group experienced a significant foreign exchange loss of approximately HKD 70,332,000 during the nine months[8] - Other operating expenses increased by approximately HKD 92.8 million to about HKD 151.9 million, largely due to costs associated with the Macau Tong group's operations[41] Strategic Initiatives - The company aims to expand its hardware business by leveraging its R&D capabilities in lottery hardware to include non-lottery hardware for the retail sector[18] - The company plans to enhance its electronic payment services in Macau and expand its business into complementary areas such as e-commerce and marketing technology services[18] - The company is committed to globalizing its business by seeking overseas opportunities and forming strategic partnerships with local partners in Asia[18] - The company is focused on developing integrated electronic payment services, lottery, mobile gaming, and entertainment content and technology[18] - The group plans to continue investing in strategic projects, including joint ventures and diversifying its business operations[39] Market Trends - For the nine-month period, the total sales of China's lottery reached approximately RMB 281.2 billion, representing an increase of about 1.0% compared to the same period in 2021[19] - The sales of welfare lottery amounted to approximately RMB 112.2 billion, which is an increase of about 9.8% year-on-year[19] - The sales of sports lottery were approximately RMB 169.0 billion, showing a decrease of about 4.1% compared to the same period in 2021[19] - The integrated digital infrastructure in China has led to significant growth in online payment transactions, with online payment businesses processing 23.5 billion transactions worth CNY 585 trillion in the first quarter of 2022, reflecting a year-on-year growth of 4%[23] Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the financial statements for the nine-month period[75] - The company has engaged in continuous related party transactions as per GEM listing rules, ensuring compliance with regulatory requirements[50] - The company has adopted the GEM Listing Rules regarding securities trading by directors[76] Shareholder Information - The total number of shares issued as of September 30, 2022, is 11,672,342,235[58] - Major shareholder Ali Fortune holds 6,502,723,993 shares, representing 55.71% of the total issued share capital[68] - The total issued shares of Alibaba Holdings as of September 30, 2022, is 11,672,342,235[69] Payment Services - Macau Tong provides payment services through Alipay with service fees ranging from 0.1% to 1.8% based on transaction amounts[53] - The annual service fee cap for Macau Tong's payment services is set at HKD 11,250,000 for the period from March 24, 2022, to December 31, 2022, and HKD 12,300,000 for the year ending December 31, 2023[54] - The service fee for successful account openings at Ant Bank ranges from HKD 50 to HKD 300 per new account referred by Macau Tong[54]
亚博科技控股(08279) - 2022 Q3 - 季度财报