Financial Performance - The group reported unaudited revenue from continuing operations of approximately HKD 217.0 million for the six months ended June 30, 2024, an increase of approximately HKD 28.6 million or 15.2% compared to the same period in 2023[2]. - The unaudited loss from continuing and discontinued operations for the six months ended June 30, 2024, was approximately HKD 4.3 million, a decrease of approximately HKD 2.5 million or 36.9% from the loss of HKD 6.8 million in the same period in 2023[2]. - The basic and diluted loss per share from continuing and discontinued operations was HKD 0.79 for the six months ended June 30, 2024, compared to HKD 1.32 for the same period in 2023[4]. - The total comprehensive loss for the six months ended June 30, 2024, was HKD 12.8 million, compared to HKD 12.0 million for the same period in 2023[5]. - The total comprehensive expenses for the period amounted to HKD 12,825,000, which includes a loss of HKD 4,340,000 attributed to retained earnings[8]. - The company reported a net cash outflow from operating activities of HKD 35,124,000 for the six months ended June 30, 2024, compared to HKD 69,659,000 for the same period in 2023, indicating an improvement in operational cash flow[9]. - The total loss before tax for the six months ended June 30, 2024, was HKD 7,209,000, compared to a loss of HKD 5,029,000 for the same period in 2023[14]. - The net loss attributable to the owners of the company for the six months ending June 30, 2024, was 4,793,000 HKD, compared to a loss of 5,351,000 HKD for the same period in 2023[25]. Revenue Breakdown - Total revenue for the six months ended June 30, 2024, was HKD 216,959,000, an increase of 15.1% compared to HKD 188,360,000 for the same period in 2023[14]. - Revenue from system integration services was HKD 131,262,000, up from HKD 119,158,000, reflecting a growth of 10.4%[14]. - Revenue from maintenance services reached HKD 82,040,000, a 18.5% increase from HKD 69,202,000 in the previous year[14]. - Revenue from cloud infrastructure services was HKD 129,810,000, up from HKD 113,660,000, showing an increase of 14.2%[15]. - The total revenue from public sector clients was HKD 129,575,000, compared to HKD 114,174,000, reflecting a growth of 13.5%[15]. - Revenue from the public sector contributed HKD 129.6 million, an increase of HKD 15.4 million or 13.5%, while the private sector contributed HKD 87.4 million, an increase of HKD 13.2 million or 17.8%[60]. Expenses and Costs - Employee costs increased to HKD 42,036,000 from HKD 34,877,000, representing a rise of 20.5%[17]. - The company’s sales and administrative expenses increased by approximately HKD 2.7 million or 9.0% to HKD 31.7 million for the six months ended June 30, 2024, mainly due to share-based payments[62]. - R&D expenses for the period were HKD 2,778,000, compared to HKD 2,433,000 in the previous year, indicating a growth of 14.2%[17]. - The company’s gross profit decreased to HKD 22.6 million for the six months ended June 30, 2024, down HKD 1.9 million or 7.8% from HKD 24.5 million for the same period in 2023, primarily due to increased service costs[61]. Assets and Liabilities - Non-current assets as of June 30, 2024, amounted to HKD 28.3 million for property, plant, and equipment, and HKD 9.5 million for intangible assets[6]. - Current assets totaled HKD 189.7 million as of June 30, 2024, down from HKD 203.8 million as of December 31, 2023[6]. - The group’s net asset value was HKD 173.6 million as of June 30, 2024, compared to HKD 183.0 million as of December 31, 2023[7]. - The company’s equity attributable to equity holders decreased to HKD 172,256,000 as of June 30, 2024, down from HKD 182,104,000 at the beginning of the period[8]. - The company’s total equity as of June 30, 2024, was HKD 173,577,000, compared to HKD 182,999,000 at the beginning of the year[8]. - The company’s interest income from the debt portion of the convertible bonds was calculated at an effective interest rate of 14.85%[38]. Cash Flow and Financing - The company’s cash and cash equivalents decreased to HKD 71.5 million as of June 30, 2024, from HKD 122.7 million as of December 31, 2023[6]. - The company experienced a decrease in cash and cash equivalents, with a net reduction of HKD 45,069,000, resulting in a closing balance of HKD 71,524,000 as of June 30, 2024[9]. - The company’s financing activities generated a net cash inflow of HKD 1,514,000, a significant decrease from HKD 41,240,000 in the previous year[9]. - The company issued convertible bonds with a principal amount of HKD 2,000,000 at an interest rate of 8%[37]. - The group recorded cash and cash equivalents of approximately HKD 71.5 million as of June 30, 2024, down from approximately HKD 122.7 million on December 31, 2023[64]. Corporate Actions and Governance - The board did not recommend the payment of an interim dividend for the six months ended June 30, 2024[2]. - The company did not recommend any interim dividend for the six months ending June 30, 2024[30]. - The company has adhered to the corporate governance code as per GEM listing rules for the six months ending June 30, 2024[77]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated financial statements for the six months ending June 30, 2024, ensuring compliance with applicable accounting standards[80]. - The company will monitor the implementation of the corporate governance code as required by GEM listing rules[80]. Strategic Initiatives - The company actively developed and assessed technology trends related to digital assets, including NFTs, blockchain, and the metaverse, anticipating significant potential in asset management[58]. - The company plans to acquire a company primarily engaged in regulated asset management activities under the Securities and Futures Ordinance, aiming to integrate VA asset management into its existing business units[58]. - The group entered into an acquisition agreement for a company engaged in regulated asset management activities, utilizing advanced technologies like blockchain and AI[68]. - The company is closely monitoring market conditions to seek opportunities for new projects and transactions to enhance shareholder value[59].
未来数据集团(08229) - 2024 - 中期业绩