Financial Performance - Revenue for the six months ended December 31, 2024, was HKD 142,376,000, representing a 38.4% increase from HKD 102,855,000 in the same period of 2023[4] - Gross profit for the same period was HKD 32,720,000, compared to HKD 1,647,000 in 2023, indicating a significant improvement[4] - Operating profit for the six months was HKD 5,103,000, a turnaround from an operating loss of HKD 19,852,000 in the previous year[4] - Profit before tax was HKD 4,588,000, compared to a loss of HKD 20,722,000 in the same period last year[4] - Net profit for the period was HKD 3,794,000, recovering from a loss of HKD 20,722,000 in 2023[4] - Total comprehensive income for the period amounted to HKD 3,299,000, compared to a loss of HKD 18,755,000 in the previous year[5] - Basic and diluted earnings per share were HKD 0.68, a significant improvement from a loss of HKD 3.86 per share in 2023[5] Revenue Breakdown - Trade in goods generated revenue of HKD 107,215,000, up from HKD 75,411,000, reflecting a growth of 42.2% year-on-year[17] - The technology-driven investment management segment generated revenue of HKD 35,161,000, up from HKD 26,795,000, reflecting a 31.5% growth year-over-year[39] - The commodity trading segment reported revenue of HKD 107,215,000, compared to HKD 75,411,000, marking a 42.2% increase[33] - The company’s revenue from mainland China was HKD 107,215,000, up from HKD 76,060,000, indicating a 40.9% increase[39] - The company’s revenue from major clients included HKD 30,591,000 from client A in commodity trading and HKD 35,161,000 from client B in technology-driven investment management[42] Assets and Liabilities - Total assets as of December 31, 2024, were HKD 785,185,000, down from HKD 798,093,000 as of June 30, 2024[7] - Total equity attributable to shareholders was HKD 696,712,000, slightly up from HKD 693,411,000 as of June 30, 2024[8] - The company reported a total liability of HKD 88,445,000, with classified liabilities in technology-driven investment management at HKD 36,712,000[35] - Total liabilities decreased from HKD 104.65 million to HKD 88.45 million, indicating improved financial stability[70] Cash Flow and Expenses - The total interest expense decreased to HKD 515,000 from HKD 870,000, indicating a reduction of 40.7%[19] - Total tax expense for the period was HKD 794,000, attributed to corporate tax in Dubai, with no tax provision for Hong Kong profits[20] - Cash and cash equivalents stood at HKD 47.83 million, showing stable liquidity[70] Shareholder Actions - The company issued 21,000,000 new shares at a price of HKD 5.624 per share, increasing the total issued shares to 558,245,000[28] - The company has entered into a subscription agreement to issue up to 110,000,000 shares at HKD 2.75 per share, with no shares issued as of the announcement date[78] - The company raised approximately HKD 286 million from a rights issue and subscription, with a net amount of approximately HKD 284 million after expenses[80] - The rights issue was approximately 29.35% subscribed, leaving 284,673,884 shares unsold, which were subsequently issued to Neo Tech Inc. for a total consideration of approximately HKD 202,118,000[80] Business Strategy and Outlook - The company continues to focus on party product trading and technology-driven investment management services as its main business areas[16] - The company plans to enhance core algorithmic trading technology and optimize its AI-driven trading systems[71] - Management maintains a cautiously optimistic outlook for the next six months, focusing on expanding international business and enhancing AI-driven investment management capabilities[75] - The company has decided to slow down the development of its lending business to better manage recoverability risks, with remaining funds expected to be utilized by June 30, 2025[83] Employee and Operational Changes - The company had a total of 22 employees as of December 31, 2024, down from 35 employees on June 30, 2024[89] - There were no significant mergers, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the reporting period[84] - The company did not make any significant investments during the reporting period[85] - As of December 31, 2024, the company has no significant capital commitments[90] - The company has no significant contingent liabilities as of December 31, 2024[87]
INTL GENIUS(00033) - 2025 - 中期业绩