Core Viewpoint - Rich Sparkle Holdings Limited, a financial printing and corporate services provider, reported a decrease in revenue for the first half of 2024/25, primarily due to declines in financial printing and advisory services, despite a successful Nasdaq listing in July 2025 [3][4]. Financial Results - Revenue decreased by 2.9% from US$1,793,702 for the six months ended March 31, 2024, to US$1,741,985 for the six months ended March 31, 2025, driven by a decline in financial printing services by US$578,520 and advisory services by US$44,903, partially offset by an increase in other services by US$571,706 [4]. - The cost of services decreased by 8.4% from US$1,212,073 to US$1,109,926, aligning with the revenue decline, as the company relied more on internal resources [5]. - Gross profit increased by 8.7% from US$581,629 to US$632,059, with gross profit margins improving from 32.4% to 36.3% [7]. - Selling, general and administrative expenses rose from US$732,276 to US$905,329, representing 52.0% of total revenue for the six months ended March 31, 2025, compared to 40.8% for the same period in 2024 [9]. - The net loss increased by 67.0% from US$154,134 to US$256,785 for the six months ended March 31, 2025 [15]. Taxation - The company is not subject to income tax in the British Virgin Islands, while its subsidiary in Hong Kong did not have any assessable profits for the periods reported [12][13]. Company Overview - Rich Sparkle Holdings Limited, founded in 2016, specializes in high-quality financial printing and corporate services in Hong Kong, offering a range of services including financial materials design, printing, and advisory services [3][16].
Rich Sparkle Holdings Limited Announces Unaudited Financial Results For The Six Months Ended March 31, 2025