Financial Performance - The group recorded revenue of approximately HKD 44.9 million for the year ended December 31, 2022, a decrease of about 6.3% from HKD 47.9 million in the previous year[7]. - The loss attributable to the owners of the parent company was approximately HKD 2.0 million, a significant reduction from HKD 15.7 million in the prior year, representing a decrease of over 85%[7]. - Revenue from the online backup software segment decreased by approximately HKD 3.9 million or 8.8% to about HKD 40.3 million for the year ended December 31, 2022[12]. - Revenue from the group's information platform increased by approximately HKD 0.9 million or 24.3% to about HKD 4.6 million for the same period[12]. - Other income increased by approximately HKD 1.6 million or 533.3% to approximately HKD 1.9 million, mainly due to government subsidies and increased bank interest income[28]. - Employee costs and related expenses decreased by approximately 26.5% to approximately HKD 32.8 million from HKD 44.6 million in the previous year, primarily due to cost control measures[29]. - Other expenses decreased by approximately HKD 3.4 million or 18.5% to about HKD 15.0 million for the year ended December 31, 2022, compared to approximately HKD 18.4 million for the year ended December 31, 2021[30]. - The group recorded a loss of approximately HKD 2.3 million for the year ended December 31, 2022, compared to a loss of approximately HKD 16.1 million in the previous year[34]. - The group maintained a net cash position as of December 31, 2022, with current assets of approximately HKD 64.9 million, slightly down from HKD 65.8 million as of December 31, 2021[35]. - The debt ratio as of December 31, 2022, was approximately 3.4%, compared to 3.1% as of December 31, 2021[38]. - Total employee costs for the year ended December 31, 2022, were approximately HKD 32.8 million, a decrease of about HKD 11.8 million or 26.5% compared to the previous year[44]. Product Development and Market Strategy - The company launched AhsayTM Backup Software version 9 in early 2022 to adapt to market changes and maintain competitiveness[8]. - The company is enhancing the quality and functionality of its online backup software and related platforms to improve user experience[8]. - The company anticipates stable growth in its information platform segment, driven by increased demand for digital solutions during the pandemic[24]. - The overall performance is heavily reliant on the ability to maintain software quality and user experience, with significant risks associated with competition and talent retention[21]. - The company is expanding its market presence in the Asia-Pacific region, targeting a growth rate of EE% in that market segment[54]. - New product launches are expected to contribute an additional $DD million in revenue, with a focus on innovative technology solutions[54]. Cost Management and Operational Efficiency - The company has implemented cost control measures, including team restructuring and senior management salary reductions, to lower employee costs[7]. - The management team emphasized a strategic shift towards digital transformation, which is expected to drive efficiency and cost savings of HH%[54]. - The company is investing in research and development, allocating $GG million towards new technology initiatives aimed at improving product offerings[54]. Corporate Governance and Compliance - The company has adhered to the corporate governance code as outlined in the GEM Listing Rules since its listing date[115]. - The board consists of three executive directors, one non-executive director, and three independent non-executive directors as of December 31, 2022[127]. - The company has established four committees: the Remuneration Committee, Nomination Committee, Audit Committee, and Risk Management Committee to oversee various aspects of the group's affairs[141]. - The company has implemented a code of conduct for directors regarding securities trading, ensuring adherence to GEM listing rules[126]. - The company has no significant transactions or contracts involving directors' interests as of the fiscal year-end[86]. - The company has no indemnity provisions benefiting any of its directors as of the report date[89]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to maintaining high standards of corporate governance to maximize shareholder value[126]. - The company has a dedicated ESG working group responsible for implementing and executing relevant policies and measures[180]. - The company aims for zero accidents and emphasizes the importance of employee health and safety, alongside development and training as key components of long-term sustainability[188]. - The company has implemented various energy-saving measures, including educating employees on water conservation and ensuring optimal operation of water supply equipment[197]. - The company reported a decrease in indirect carbon emissions (Scope 2) from 127,447 kg in 2021 to 117,178 kg in 2022, representing a reduction of approximately 8.9%[192]. - The company promotes a paperless office environment to reduce paper waste, with a focus on double-sided printing for necessary documents[197]. - The company encourages green office practices, such as turning off idle lights and equipment to minimize energy consumption[189]. Shareholder Relations and Dividends - The board does not recommend the distribution of any dividends for the year ended December 31, 2022[73]. - The company has adopted a general dividend policy aimed at providing shareholders with the group's attributable profit for any financial year[72]. - The company's distributable reserves as of December 31, 2022, amounted to HKD 59,419,000, a slight decrease from HKD 59,576,000 in the previous fiscal year[80]. - The largest customer and the top five customers accounted for approximately 5% and 13% of the total revenue for the year ended December 31, 2022, respectively[81]. Risk Management - The Risk Management Committee held two meetings to review the company's risk management policies and standards, particularly regarding international sanctions risks[151]. - The company confirmed that its risk management and internal control systems are effective and appropriate, with annual reviews conducted by the Risk Management Committee and Audit Committee[161]. - The company has no internal audit department as per the corporate governance code but has engaged external consultants to review its risk management and internal control systems[163].
亚势备份(08290) - 2022 - 年度财报