Revenue Performance - The group's revenue increased from approximately €21.9 million for the nine months ended September 30, 2022, to approximately €22.4 million for the nine months ended September 30, 2023, representing a growth of about 2.2%[6] - Revenue for the nine months ended September 30, 2023, increased by 2.2% compared to the same period in 2022, but the growth was slower than expected due to high inflation and political uncertainty in Europe[21] - For the nine months ended September 30, 2023, the company reported revenue of €22,433,048, an increase of 2.2% compared to €21,948,070 for the same period in 2022[41] - Revenue from home phones for the nine months ended September 30, 2023, was €15,850,265, slightly down from €15,923,703 in 2022, representing a decrease of 0.5%[51] - Revenue from elderly products increased to €3,871,639 for the nine months ended September 30, 2023, up 7.5% from €3,602,673 in 2022[51] - Revenue from office phones rose to €2,444,164 for the nine months ended September 30, 2023, compared to €2,194,125 in 2022, marking an increase of 11.4%[51] - Revenue from France for the nine months ended September 30, 2023, was €10,463,934, a slight decrease from €10,622,019 in 2022[52] - Revenue from other European countries increased to €6,811,879 for the nine months ended September 30, 2023, up from €5,263,450 in 2022, representing a growth of 29.3%[52] - Revenue from the Asia-Pacific and Middle East regions grew by approximately 54.8% to about €3.9 million compared to the same period in 2022[19] - Revenue from Latin America decreased by approximately 64.8% to about €1.2 million for the nine months ended September 30, 2023[20] Profitability - The group recorded a profit attributable to equity holders of approximately €0.1 million for the nine months ended September 30, 2023, compared to a loss of approximately €0.9 million for the same period in 2022[6] - The company recorded a profit of approximately €0.1 million for the nine months ended September 30, 2023, compared to a loss of approximately €0.9 million for the same period in 2022[25] - The net profit for the nine months ended September 30, 2023, was €104,641, compared to a net loss of €883,156 for the same period in 2022[41] - The total comprehensive loss for the nine months ended September 30, 2023, was €243,721, an improvement from a loss of €290,156 in the same period of 2022[42] - The basic and diluted earnings per share for the nine months ended September 30, 2023, were €0.03, compared to a loss of €0.22 per share in the same period of 2022[41] Expenses - Sales and distribution expenses increased from approximately €2.5 million for the nine months ended September 30, 2022, to approximately €2.6 million for the same period in 2023, attributed to increased staffing and inflation-related employee costs[23] - Administrative expenses rose from approximately €3.9 million for the nine months ended September 30, 2022, to approximately €4.3 million for the same period in 2023, also due to increased staffing and inflation-related costs[24] - The company’s sales and distribution expenses for the nine months ended September 30, 2023, were €2,577,632, an increase from €2,463,187 in the same period of 2022[41] - The company’s administrative expenses for the nine months ended September 30, 2023, were €4,280,549, compared to €3,908,874 in the same period of 2022[41] Dividends and Corporate Governance - The board does not recommend the payment of any dividends for the nine months ended September 30, 2023[7] - The company does not recommend paying dividends for the nine months ended September 30, 2023[26] - No dividends were declared or paid for the nine months ended September 30, 2023, consistent with 2022[58] - The company’s board believes it has complied with the corporate governance code during the nine months ended September 30, 2023[36] Future Outlook - The company plans to launch a series of new products in the fourth quarter of 2023, aiming to capture market share in the home phone business and expand sales regions[21] - The company expects customer demand to improve in the fourth quarter of 2023 despite weak demand in the third quarter[21] Currency and Foreign Exchange - The company reported a foreign exchange gain of €99,965 for the nine months ended September 30, 2023, compared to a loss of €515,213 in the same period of 2022[41] - The company experienced a currency translation loss of €348,362 during the nine months ended September 30, 2023[44] Stock Options and Securities - No securities were purchased, sold, or redeemed by the company or its subsidiaries during the nine months ended September 30, 2023[27] - There were no stock options granted, exercised, canceled, or expired under the stock option plan during the nine months ended September 30, 2023[28] - The diluted earnings per share are the same as the basic earnings per share due to no potential dilutive ordinary shares being issued during the periods[58]
ATLINKS(08043) - 2023 Q3 - 季度财报