游莱互动(02022) - 2023 - 年度业绩

Financial Performance - For the fiscal year ending December 31, 2023, the company's revenue was approximately $9.9 million, a decrease of about 11.1% from approximately $11.1 million in the fiscal year ending December 31, 2022[4] - The gross profit for the fiscal year 2023 was approximately $4.1 million, down about 12.0% from approximately $4.7 million in the fiscal year 2022[4] - The loss attributable to the company's owners for the fiscal year 2023 was approximately $5.8 million, a slight decrease of about 1.6% from approximately $5.9 million in the fiscal year 2022[4] - The company's revenue for the fiscal year ended December 31, 2023, was $9,908,941, a decrease of 11.04% from $11,142,371 in 2022[45] - Gross profit for the same period was $4,101,390, down from $4,658,953, reflecting a decline of 11.93%[45] - Operating loss increased to $5,734,405 from $5,506,916, indicating a rise of 4.13% year-over-year[45] - The net loss for the year was $5,770,931, slightly improved from $5,863,468, a decrease of 1.58%[45] - Total assets decreased to $37,961,419 from $44,297,414, a reduction of 14.14%[46] - Total equity fell to $28,184,817 from $34,298,740, a decline of 17.83%[46] - The company's loss before tax for 2023 was $5,626,157, compared to a loss of $5,765,955 in 2022, reflecting a decrease of approximately 2.4%[71] - The basic and diluted loss per share for 2023 was $5,770,931, compared to $5,863,468 in 2022, indicating a reduction of about 1.6%[73] Expenses and Costs - The company's cost for the fiscal year 2023 was approximately $5.8 million, a reduction of about 10.4% from approximately $6.5 million in the fiscal year 2022[12] - The company's gross margin slightly decreased from 41.8% in the fiscal year 2022 to 41.4% in the fiscal year 2023[12] - Sales and marketing expenses for the fiscal year 2023 were approximately $3.6 million, an increase of about 10.8% from approximately $3.2 million in the fiscal year 2022[14] - Research and development expenses for the fiscal year 2023 were approximately $1.8 million, a decrease of about 15.6% from approximately $2.1 million in the fiscal year 2022[16] - The total salary expenditure for the fiscal year 2023 was approximately $3.9 million, a decrease of about 11.0% compared to the previous fiscal year[32] Cash and Assets - As of December 31, 2023, the group's total cash and short-term deposits amounted to approximately $22.3 million, a decrease of about 11.1% from approximately $25.0 million as of December 31, 2022[21] - The current ratio as of December 31, 2023, was 3.5, down from 4.0 as of December 31, 2022[22] - The total current assets were approximately $32.2 million, including cash and short-term deposits of about $22.3 million and other current assets of approximately $9.9 million[22] - As of December 31, 2023, the group had no bank borrowings or other debt financing obligations, resulting in a debt-to-equity ratio of zero[22] - The group recorded government subsidies of $47,340 in 2023, down from $253,915 in 2022, indicating a significant decrease of approximately 81.4%[67] - The net foreign exchange gain for the group was $188,462 in 2023, compared to $295,070 in 2022, reflecting a decline of about 36.1%[67] - Trade receivables increased to $3,599,221 in 2023 from $3,169,489 in 2022, marking an increase of approximately 13.5%[76] - The provision for trade receivables was $2,431,437 in 2023, up from $2,236,639 in 2022, which is an increase of about 8.7%[80] - Trade payables increased slightly to $1,293,778 in 2023 from $1,259,567 in 2022, reflecting a growth of approximately 2.7%[81] Corporate Governance and Compliance - The company maintained compliance with the public float requirements set by the Hong Kong Stock Exchange[39] - The board confirmed adherence to the corporate governance code, with a noted deviation regarding the roles of the Chairman and CEO being held by the same individual[40] - The company plans to continuously review and monitor its corporate governance practices to maintain high standards[41] Business Operations and Strategy - The company plans to enhance its platform's influence and operational efficiency in the gaming market, aiming to provide better services and experiences for players[8] - The company has launched multiple game products, including "Eternal Fury" and "League of Angels: Pact," and has connected with major international platforms like Steam and Google Play[6] - The company aims to promote games that incorporate Chinese elements and culture to global markets, enhancing cultural exchange and recognition[8] - The company operates primarily in the online gaming sector, with a single business segment for management purposes[50] - The company is focused on providing online gaming services and has a large player base globally[51] - The company's revenue from self-operated games is generated through its own website and partnerships with platforms, with responsibility for payment solutions and marketing[58] Revenue Recognition and Taxation - The group operates under a total revenue recognition basis for self-developed games, with costs incurred for game development recorded as revenue costs[61] - The group recognizes revenue from third-party developed games on a gross basis when acting as the principal, with related costs recorded as revenue costs[63] - The group has established a player relationship period for revenue recognition, which is re-evaluated semi-annually[63] - The group provides advertising services within its online games, recognizing revenue proportionally during the service period[66] - The group incurred income tax expenses of $144,774 in 2023, slightly down from $153,075 in 2022, representing a decrease of about 5.5%[67] - The group has not recognized any income tax provisions in Hong Kong for both 2023 and 2022, as it did not generate any taxable profits in Hong Kong during these years[68] - The group is subject to a 10% withholding tax on royalties generated in Vietnam and a combined 25% tax (10% remittance tax and 15% income tax) on income from Brazil[70] Dividend and Shareholder Information - The board has resolved not to recommend the payment of a final dividend for the fiscal year 2023[35] - The company did not recommend any dividend payment for the year ending December 31, 2023, consistent with 2022[72] - The company's total issued ordinary shares remained at 2,000,000,000 for both 2023 and 2022, with no changes in the share capital[83] - The weighted average number of ordinary shares for calculating basic and diluted loss per share was 1,861,021,877 for both 2023 and 2022[74] Miscellaneous - The net proceeds from the IPO amounted to approximately $35.4 million, with an unutilized balance of about $2.2 million as of the fiscal year 2023[30] - There were no significant investments, acquisitions, or disposals made by the group during the fiscal year 2023[23][24][25] - The group had no significant contingent liabilities as of December 31, 2023[27] - The annual performance announcement and annual report for the fiscal year 2023 will be published on the Hong Kong Stock Exchange website and the company's website[87] - The company expresses gratitude to all employees for their efforts, focus, loyalty, and integrity, as well as to shareholders, customers, banks, and other business partners for their trust and support[88] - The announcement is made by the Chairman and CEO, Lu Yuanfeng, on March 26, 2024[89]