Financial Performance - The group's revenue for the nine months ended September 30, 2023, was approximately HKD 447.7 million, an increase of about 80.8% compared to HKD 247.6 million for the same period in 2022[2]. - The group reported a profit of approximately HKD 26.7 million for the nine months, a significant turnaround from a loss of HKD 124.6 million in the same period last year[3]. - Net financing income increased to approximately HKD 47.8 million, up from HKD 17.8 million in the previous year[3]. - The total comprehensive loss for the nine months was approximately HKD 534,000, compared to a loss of HKD 194.9 million in the previous year[6]. - Basic earnings per share for the nine months was HKD 0.247, compared to a loss of HKD 1.05 per share in the same period last year[6]. - The group experienced a significant increase in lottery-related revenue, contributing approximately HKD 167.3 million, up from HKD 142.2 million in the previous year[2]. - The operating loss for the nine months was approximately HKD 23 million, a reduction from HKD 112.5 million in the same period last year[5]. - Operating expenses for the nine-month period rose by approximately HKD 87.2 million to about HKD 239.1 million, mainly due to increased service fees and costs associated with the electronic payment services[44]. - The company reported total revenue of HKD 447,657,000 for the nine months ended September 30, 2023, compared to HKD 247,598,000 for the same period in 2022, reflecting an increase of 81%[9]. Revenue Sources - Revenue from electronic payment and related services was approximately HKD 280.4 million, up from HKD 105.4 million in the previous year, driven by the acquisition of a wholly-owned subsidiary in Macau and an increase in tourist numbers[2]. - Revenue from electronic payment services reached HKD 74,486,000 for the nine months ended September 30, 2023, up 48% from HKD 50,154,000 in the previous year[9]. - Revenue from payment card services and related services was HKD 15,701,000 for the three months ended September 30, 2023, down 45% from HKD 28,653,000 in the same period last year[9]. - Revenue from electronic wallet services surged to HKD 24,326,000 for the three months ended September 30, 2023, compared to HKD 11,053,000 in the previous year, marking a 120% increase[9]. - Revenue from lottery and related businesses increased by approximately HKD 25.1 million to about HKD 167.3 million, driven by the expansion of the lottery distribution network and increased sales post-pandemic[43]. - Revenue from hardware sales in the lottery segment was HKD 53,404,000 for the three months ended September 30, 2023, an increase of 20% from HKD 44,359,000 in the same period last year[9]. Market and Economic Context - The total transaction value of mobile payments in Macau increased from approximately MOP 18.52 billion in 2021 to about MOP 25.86 billion in 2022, representing a year-on-year growth of approximately 39.6%[18]. - The number of mobile payment transactions in Macau rose from around 193 million in 2021 to approximately 266 million in 2022, reflecting a year-on-year increase of about 37.8%[18]. - In the first half of 2023, the total transaction value reached approximately MOP 13.99 billion, showing a year-on-year growth of about 13.8%[18]. - The number of mobile payment transactions in the first half of 2023 was around 143 million, marking a year-on-year increase of approximately 8.3%[18]. - In Q2 2023, Macao's economy grew by 117.5% year-on-year, driven by a 211.9% increase in service exports and a 321.7% rise in inbound tourists[20]. - In September 2023, the number of inbound tourists to Macao increased 3.1 times year-on-year to 2.3 million, with total inbound tourists for the first three quarters reaching 19.92 million, a 3.6 times increase[20]. Strategic Initiatives and Future Plans - The company aims to expand its hardware products into the non-lottery hardware sector to broaden its hardware business range[17]. - The company plans to enhance its electronic payment services in Macau while expanding into complementary fields such as e-commerce and marketing technology services[17]. - The company will continue to seek overseas opportunities and engage in strategic partnerships with local partners in Asia to globalize its business[17]. - The company is committed to developing its lottery technology and services as a core area of expertise, leveraging its experience and innovative technology[16]. - The group entered a strategic cooperation agreement in February 2023 with Galaxy Entertainment Group, Beijing Damai Cultural Media Development Co., and Alibaba Pictures to enhance Macau's cultural entertainment industry[35]. - The company is exploring partnerships with local businesses to drive further market penetration[69]. User Engagement and Market Presence - The company reported a significant increase in user engagement, with a year-over-year growth of 25% in active users[69]. - User retention rates improved to 85%, up from 80% last year[69]. - The registered users of MPay account for over 90% of the local population, indicating a strong market presence[27]. Shareholding and Corporate Governance - As of September 30, 2023, the total number of shares issued by the company is 11,672,342,235[48]. - The company has no other disclosures regarding interests or short positions held by directors or senior management in the company or its affiliates as of September 30, 2023[52]. - The company has adopted the GEM Listing Rules regarding securities trading by directors, with no reported violations during the nine-month period[60]. - The audit committee reviewed the financial statements for the nine-month period, confirming compliance with applicable accounting standards[61]. Technological Development and R&D - The company is investing HKD 100 million in R&D for new technologies aimed at enhancing user experience[69]. - The group continues to invest resources to improve its technological infrastructure and aims for long-term sustainable growth for shareholders[42].
亚博科技控股(08279) - 2023 Q3 - 季度业绩