Financial Performance - The company recorded revenue of approximately HKD 33.5 million for the nine months ended September 30, 2022, a decrease of about 7.2% compared to HKD 36.1 million in the same period of 2021[3]. - The loss attributable to the owners of the parent company for the nine months ended September 30, 2022, was approximately HKD 2.2 million, significantly reduced from a loss of about HKD 12.6 million in the same period of 2021[3]. - The company reported a loss of approximately HKD 2.4 million for the nine months ended September 30, 2022, compared to a loss of about HKD 12.9 million in the same period of 2021[10]. - Total revenue declined by approximately HKD 2.6 million or 7.2% to about HKD 33.5 million for the nine months ended September 30, 2022, from approximately HKD 36.1 million for the same period in 2021[18]. - Loss attributable to equity holders decreased by approximately 82.5% to about HKD 2.2 million for the nine months ended September 30, 2022, compared to approximately HKD 12.6 million for the same period in 2021[18]. - The total comprehensive loss for the nine months was HKD 2,791,000, compared to HKD 13,475,000 in the previous year, indicating a substantial reduction in losses[34]. - Basic and diluted loss per share for the nine months was HKD 0.11, down from HKD 0.63 in the same period of 2021[34]. - The company recorded a loss before tax of HKD 2,323,000 for the nine months, significantly improved from a loss of HKD 12,719,000 in the same period last year[34]. - The total comprehensive loss for the period was HKD 2,728,000, which includes an exchange difference of HKD (1,304,000) from overseas operations[35]. - For the nine months ended September 30, 2022, the company reported total revenue of HKD 33,470,000, a decrease of 7.5% compared to HKD 36,144,000 for the same period in 2021[34]. Cost Management - Employee costs and related expenses decreased by approximately HKD 11.3 million or 31.0% to HKD 25.2 million for the nine months ended September 30, 2022, due to cost control measures including team restructuring[6]. - Employee costs totaled HKD 25,156,000 for the nine months ended September 30, 2022, down 31.5% from HKD 36,538,000 in the previous year[47]. - Research and development costs included in employee costs were HKD 9,478,000, a decrease of 38.3% from HKD 15,372,000 in the prior year[47]. - Other expenses decreased by approximately HKD 0.9 million or 7.7% to HKD 10.8 million for the nine months ended September 30, 2022, primarily due to reduced depreciation and marketing expenses[8]. - The company is focusing on cost control measures in response to weak global economic demand[18]. Revenue Breakdown - Online backup software and related services revenue decreased by approximately HKD 3.3 million or 9.9% to about HKD 30.2 million for the nine months ended September 30, 2022, compared to approximately HKD 33.5 million for the same period in 2021[18]. - Revenue from software licensing decreased to HKD 2,533,000, down 17.3% from HKD 3,063,000 in the previous year[45]. - Revenue from software maintenance services was HKD 14,373,000, a decline of 9.3% compared to HKD 15,853,000 in the prior year[45]. - The information platform revenue increased by approximately HKD 0.6 million or 22.2% to about HKD 3.3 million for the nine months ended September 30, 2022, from approximately HKD 2.7 million for the same period in 2021[18]. Assets and Equity - As of September 30, 2022, the company's current assets were approximately HKD 61.7 million, down from HKD 65.8 million as of December 31, 2021[11]. - As of September 30, 2022, the company reported a total equity of HKD 54,599,000, down from HKD 73,606,000 as of January 1, 2021, reflecting a decrease of approximately 26%[35]. - The company's total equity decreased by approximately 27% from HKD 73,606,000 to HKD 54,599,000 over the reported period[35]. - The company's debt ratio was approximately 2.8% as of September 30, 2022, compared to 3.1% as of December 31, 2021[14]. Shareholder Information - Major shareholders, including All Divine Investments Limited, hold 75% of the company's shares, equating to 1,500,000,000 shares out of a total of 2,000,000,000 shares issued as of September 30, 2022[24]. - As of September 30, 2022, the company had issued 2,000,000,000 shares, with All Divine holding 1,500,000,000 shares, representing 75% of the issued shares[28]. - The weighted average number of shares used for calculating basic and diluted loss per share remained constant at 2,000,000 shares for both the three and nine months ended September 30, 2022 and 2021[56]. Compliance and Governance - The company has complied with the corporate governance code as per GEM Listing Rules throughout the nine months ended September 30, 2022[30]. - The audit committee has reviewed the financial information for the nine months and confirmed compliance with applicable accounting standards and GEM Listing Rules[33]. - The company’s financial statements are prepared in accordance with the GEM Listing Rules, ensuring compliance with regulatory standards[40]. - The company has not reported any significant impact from the recent amendments to the Hong Kong Financial Reporting Standards on its financial statements[42]. Product Development - The new version of AhsayTM backup software, launched in January 2022, includes advanced features such as deduplication to save storage space and supports Microsoft 365 backup[21]. - The newly developed information platform includes KINBOY for horse racing information and KINTIPS for information sharing, with KINBOY offering cloud data analysis as a new feature[22]. - The company anticipates stable growth for the information platform segment in the future due to increased demand for digital solutions during the pandemic[22]. - The company operates primarily through online backup software solutions, indicating a focus on digital services[38]. Other Income and Expenses - Other income increased by approximately HKD 1.2 million or 600% to HKD 1.4 million for the nine months ended September 30, 2022, mainly due to government subsidies and increased bank interest income[5]. - Other income for the nine months ended September 30, 2022, was HKD 1,386,000, significantly higher than HKD 244,000 in the same period of 2021[46]. - The company received government subsidies amounting to HKD 1,000,000 under the "Employment Support Scheme" during the nine months ended September 30, 2022[46]. - Interest expenses for lease liabilities increased to HKD 275,000 for the nine months ended September 30, 2022, compared to HKD 121,000 in the previous year[49]. - No dividends were declared or proposed for the nine months ended September 30, 2022[55].
亚势备份(08290) - 2022 Q3 - 季度财报