Revenue Performance - For the three months ended March 31, 2023, the group's revenue was approximately HKD 1.8 million, an increase of about 33.6% compared to approximately HKD 1.3 million for the same period in 2022[7]. - Revenue growth was primarily driven by increases in maintenance services and smart vending machine operations, which rose approximately 172.5% and 321.2% respectively, while revenue from consulting and technical services and electronic gaming equipment sales decreased by 5.6% and 50.1% respectively[7]. - Total revenue for Q1 2023 was HKD 1,763,467, a 33.6% increase from HKD 1,320,405 in Q1 2022[17]. - Revenue from electronic gaming equipment business decreased by 2.7% to HKD 1,149,156, while revenue from maintenance services surged by 172.5% to HKD 360,316[17][31]. - Smart vending machine business generated revenue of approximately HKD 609,010, significantly up from HKD 143,386 in the same period last year[17]. Financial Loss and Expenses - The group recorded a total comprehensive loss of approximately HKD 3.8 million for the period, a decrease of about 11.6% from a loss of approximately HKD 4.3 million in the same period last year[7]. - Operating expenses decreased from approximately HKD 4.0 million in the previous year to approximately HKD 3.6 million in the current period[7]. - The gross loss for the period was approximately HKD 262,764, compared to a gross loss of approximately HKD 228,837 in the same period last year[8]. - The company reported a loss attributable to shareholders of HKD 3,771,604 for Q1 2023, compared to a loss of HKD 4,265,244 in Q1 2022[25]. - The total employee cost for the period was approximately HKD 2.8 million, down from HKD 3.2 million in the same period last year[51]. Dividends and Shareholder Information - The board of directors resolved not to declare any dividends for the period, consistent with the previous year[7]. - The company did not declare any dividends for the period, consistent with the previous year[26]. - As of March 31, 2023, the company had a total of 1,000,000,000 shares issued, with major shareholders holding significant stakes: Mr. Xu Da Ren at 29.47% (294,759,680 shares), Mr. Wu Min Hao at 28.92% (289,259,680 shares), and Mr. Chen Zi Lun at 15.16% (151,580,640 shares)[61]. - The combined ownership of Mr. Xu, Mr. Wu, and Mr. Chen represents approximately 73.37% of the total issued shares, amounting to 733,710,000 shares[66]. Operational Highlights - As of March 31, 2023, the company had installed 24 vending machines and 22 coffee vending machines in Macau[34]. - Total capital expenditure for vending machines was approximately HKD 2.7 million during Q1 2023[34]. - The company operates primarily in the electronic gaming equipment supply and smart vending machine operations sectors in Macau and Asia[13]. - The company operates primarily in Macau, the Greater Bay Area, and Southeast Asia, with all revenue derived from these regions[18]. - The company plans to expand its smart vending machine operations to capture local consumer demand in Macau and the Greater Bay Area[34]. Compliance and Governance - The financial statements were prepared in accordance with International Financial Reporting Standards and the GEM Listing Rules[14]. - The company has complied with all applicable corporate governance codes and regulations during the reporting period[68]. - The audit committee has reviewed the unaudited condensed consolidated financial statements and confirmed compliance with applicable accounting standards and legal requirements[74]. - No significant events requiring disclosure occurred between March 31, 2023, and the report date[70]. Other Financial Metrics - Other income, gains, and losses amounted to approximately HKD 72,914, compared to a loss of approximately HKD 30,637 in the previous year[8]. - The company's basic loss per share remained at HKD 0.004 for both the current and previous periods[8]. - The net foreign exchange gain for the period was HKD 8,196, attributed to fluctuations in the exchange rate between HKD and EUR[58]. - The gross profit margin improved from approximately -17.3% in the same period last year to about -14.9% this period[41]. - As of March 31, 2023, the company's current assets net value was approximately HKD 11.4 million, down from HKD 15.2 million as of December 31, 2022[46]. - The company recorded no significant investments or acquisitions during the reporting period[48].
亚洲先锋娱乐(08400) - 2023 Q1 - 季度财报