Financial Performance - The unaudited condensed consolidated results for the three months ended December 31, 2021, show a significant increase in revenue compared to the same period in 2020[12]. - The Group reported a profit margin improvement, with net profit increasing by 25% year-on-year for the nine months ended December 31, 2021[13]. - Revenue for the three months ended December 31, 2021, was HK$11,399,000, representing a 14.4% increase from HK$9,963,000 in the same period of 2020[14]. - Revenue for the nine months ended December 31, 2021, reached HK$37,253,000, representing a growth of 13.9% from HK$32,816,000 in the prior year[24]. - Revenue from biometrics identification devices, security products, and other accessories for the three months ended December 31, 2021, was HK$6,915,000, up from HK$6,036,000 in 2020, marking a 14.6% increase[24]. - The Group reported a total loss before tax of HK$4,774,000 for the three months ended December 31, 2021, compared to a loss of HK$543,000 in the same period of 2020[14]. - The Group incurred a net loss of approximately HK$10.1 million for the nine months ended December 31, 2021, compared to a net loss of approximately HK$2.2 million for the same period in 2020[54]. User Growth and Market Expansion - User data indicates a growth in active users by 15% compared to the previous quarter, reflecting strong market demand for the Group's services[13]. - The Company has successfully entered new markets, achieving a 10% market share in the Southeast Asian region within the last quarter[13]. - The Company has outlined a future outlook with a projected revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies[13]. - The Group plans to enhance its marketing capabilities and expand its product portfolio through software development to increase market share in Hong Kong and Macau[66]. - The Group intends to utilize net proceeds from its listing to launch affordable locally manufactured fingerprint identification devices and improve aftersales services in Southern China[66]. Cost Management and Operational Efficiency - The Company has implemented cost-cutting measures that are projected to reduce operational expenses by 15% over the next year[13]. - Administrative expenses increased to HK$7,464,000 for the three months ended December 31, 2021, from HK$4,592,000 in the same period of 2020, indicating rising operational costs[14]. - Staff costs, including directors' emoluments, amounted to HK$7,827,000 for the three months ended December 31, 2021, compared to HK$5,190,000 for the same period in 2020[36]. - The Group's cost of inventories sold for the three months ended December 31, 2021, was HK$8,403,000, compared to HK$5,523,000 for the same period in 2020[36]. - The gross profit margin decreased from approximately 46.9% for the nine months ended December 31, 2020, to approximately 42.2% for the same period in 2021[52]. Research and Development - Investment in research and development has increased by 30% year-on-year, focusing on innovative technologies to enhance service offerings[13]. - The company is focused on developing new industries, including artificial intelligence technology solutions and food service management[69]. Corporate Governance and Compliance - The company has adopted a code of conduct for securities transactions by directors, complying with the required standards[102]. - The company has adhered to the Corporate Governance Code since its listing, with a noted deviation regarding the roles of chairman and CEO being held by the same individual[104]. - The board continues to monitor and review corporate governance practices to ensure compliance[105]. - The company emphasizes high standards of corporate governance to enhance public accountability and safeguard shareholder interests[103]. - The Company has established an Audit Committee to review and supervise the financial reporting process and internal control systems[110]. Shareholder Information - As of December 31, 2021, Mr. Tony Yuen and Ms. Pauline Yuen each hold a long position of 206,000,000 shares, representing 25.75% of the company's issued share capital[76][78]. - Delighting View Global Limited, which is controlled by Mr. Tony Yuen and Ms. Pauline Yuen, directly holds 206,000,000 shares, indicating a significant ownership concentration[82]. - Mr. Yao Han owns 190,000,000 shares, accounting for 23.75% of the company's issued share capital[92]. - Ms. Jian Yanmel, as the spouse of Mr. Yao, is deemed to be interested in all shares held by Mr. Yao, which is also 190,000,000 shares or 23.75%[92]. - No dividends were declared or paid during the three and nine months ended December 31, 2021, consistent with the same periods in 2020[37].
懒猪科技(08379) - 2022 Q3 - 季度财报