天眼查App显示，近日，寻甸县蔷薇花店鲜花礼品店（个体工商户）成立，法定代表人为胡锦麒，注册 资本1万人民币，经营范围为一般项目：礼品花卉销售；日用百货销售；城市绿化管理；花卉绿植租借 与代管理；花卉种植；食用农产品批发；食用农产品零售；食用农产品初加工；工艺美术彩灯制造；工 艺美术品及礼仪用品制造（象牙及其制品除外）；工艺美术品及礼仪用品销售（象牙及其制品除外）； 日用品批发；刀剑工艺品制造；刀剑工艺品销售；个人互联网直播服务；花卉种植（除中国稀有和特有 的珍贵优良品种）；新鲜水果批发；新鲜水果零售；婚庆礼仪服务；礼仪服务；会议及展览服务；娱乐 性展览；数字创意产品展览展示服务；科普宣传服务(除依法须经批准的项目外，凭营业执照依法自主 开展经营活动)。 ...

Group 1 - The establishment of Hailaer District Flower Studio in Hulunbuir City is noted, with Zhang Yi as the legal representative and a registered capital of 10,000 RMB [1] - The business scope includes various services such as gift flower sales, flower and plant rental and management, wedding ceremony services, conference and exhibition services, and fresh fruit retail [1] - Additional activities include the sale of arts and crafts, gardening products, daily ceramic products, professional design services, personal internet live streaming, packaging services, fertilizer sales, daily miscellaneous goods, stationery retail, and internet sales [1]

Financial Data and Key Metrics Changes - Consolidated fourth quarter revenue declined by 6.7%, with an 8.8% decline in the Consumer Floral and Gifts segment, a 3.6% decline in the Gourmet Foods and Gift Baskets segment, and a 0.6% decline in the BloomNet segment [8] - For the fiscal year, consolidated revenue declined by 8%, including an 8.2% decline in transactions and a 1.1% decline in average order value (AOV) [9] - Fourth quarter gross margin decreased by 290 basis points to 35.5% compared to 38.4% in the prior year [10] - Adjusted EBITDA loss for the fourth quarter was $24.2 million, compared to a loss of $8.8 million in the prior year [11] - Full year adjusted EBITDA was $29.2 million, down from $93.1 million in the prior year [12] Business Line Data and Key Metrics Changes - Consumer Floral and Gifts segment saw an 8.8% revenue decline, primarily due to a 5.6% decrease in transactions [8] - Gourmet Foods and Gift Baskets segment revenue declined by 3.6% [8] - BloomNet segment revenue declined by 0.6% [8] - Multi-branded customers represented 13% of the customer base and 29% of revenues, while Passport members represented 9% of the customer base and 19% of revenues [9] Market Data and Key Metrics Changes - The company had 9.5 million customers at the end of fiscal 2025, with over 900,000 Passport members [9] - 74% of revenue came from existing customers, indicating a decline in customer count in line with revenue decline [9] Company Strategy and Development Direction - The company is focusing on a "celebration strategy" aimed at transforming customer engagement and operational efficiency [6][13] - Strategic priorities include driving cost savings, building a customer-centric organization, expanding reach beyond e-commerce, and enhancing talent and accountability [13][14] - Plans to modernize the customer experience and improve marketing efficiency are central to the strategy [19][20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that the company did not keep pace with evolving customer expectations and competition, leading to underperformance [5][6] - The focus is on transforming into a data-driven organization with a clear emphasis on customer retention and marketing efficiency [16][17] - Management expressed optimism about future growth opportunities despite current challenges [23] Other Important Information - The company is engaging an external consultant to identify additional efficiency opportunities [12] - The balance sheet showed net debt of $114 million, up from $31 million a year ago, with a cash balance of $47 million [12][13] Q&A Session Summary Question: Regarding ineffective marketing and technology changes - Management indicated that the focus is shifting to variable contribution margin rather than just revenue, and they are expanding marketing strategies beyond bottom-of-the-funnel approaches [28][30] Question: Competitive dynamics in Consumer Floral - Management noted that competition is general rather than due to a specific bad actor, emphasizing the need for agility in reaching customers through various channels [32][33] Question: Commodity prices normalization - Management confirmed that while cocoa prices remain elevated, many other commodity prices are reverting closer to their mean, with tariffs still presenting a headwind [36][37] Question: Sales performance during major holidays - Mother's Day sales were down year-over-year but aligned with expectations, as the focus shifted to variable contribution margin rather than unprofitable sales [41] Question: Timing of strategic initiatives - Management described the current year as pivotal for setting the foundation for future growth, addressing core business issues, and focusing on customer retention strategies [42][47] Question: CapEx spending and physical retail expansion - Management indicated that CapEx is expected to be slightly down this year, with some investment allocated for physical retail locations [49] Question: Update on retail store performance - The Long Island store is performing well, and the company plans to continue experimenting with pop-up stores and potentially permanent locations based on learnings [57][58]

Company Overview - Gifts International Holdings Limited, operating as 尚礼坊花店, was established in June 2008 and registered in BVI in April 2024 as the listing entity [2] - The company focuses on providing high-quality floral gifts and related services, particularly catering to online flower ordering customers [4] IPO Details - The company submitted its IPO prospectus to the SEC on June 7, 2025, planning to list on NASDAQ under the ticker "GINT" [1] - The offering price is set at $4 per share, with plans to issue 1.5 million Class A ordinary shares, representing 7.58% of the total share capital, aiming for a market value of up to $80 million [1] Financial Performance - For the fiscal year ending March 31, 2024, the company reported revenues of $10.45 million and a net profit of $0.807 million, resulting in a net profit margin of 7.72% [7] - In the six months ending September 30, 2024, revenues were $5.367 million, with a net profit of $0.215 million, leading to a decreased net profit margin of 4% [7] - The company has served over 135,000 customers and distributed more than 700,000 gifts since its inception [4]