Financial Performance - The revenue for the year ended December 31, 2023, was approximately HKD 482.0 million, a decrease of about 22.0% compared to HKD 617.6 million for the previous year[3]. - The loss for the year was approximately HKD 19.1 million, compared to a loss of about HKD 4.0 million in the previous year[3]. - Basic and diluted loss per share for the year was HKD 3.32, compared to HKD 0.77 in the previous year[6]. - The total comprehensive loss for the year was HKD 25.7 million, compared to HKD 8.7 million in the previous year[6]. - Revenue from system integration contracts was HKD 301,375,000, down 29.5% from HKD 427,481,000 in the previous year[23]. - The company recorded a pre-tax loss of approximately HKD 21.0 million, an increase of about HKD 18.5 million or 740.0% compared to the previous year, attributed to declining sales and goodwill impairment losses[63]. Assets and Liabilities - The total assets less current liabilities amounted to HKD 191.2 million, an increase from HKD 150.9 million in the previous year[8]. - Non-current assets decreased to HKD 72.2 million from HKD 80.5 million in the previous year[8]. - Current assets decreased to HKD 203.8 million from HKD 259.7 million in the previous year[8]. - Trade and other receivables decreased significantly to HKD 54.3 million from HKD 111.2 million[8]. - Trade receivables and notes receivable (net of impairment) decreased to HKD 44,309,000 from HKD 107,290,000, representing a decline of 58.7%[24]. - The company’s current assets net value was approximately HKD 119.0 million as of December 31, 2023, with a current ratio of 2.4 times, indicating strong liquidity[66]. - The debt-to-equity ratio decreased to 6.4% from 50.6% due to repayment of bank loans and shareholder loans, with no bank borrowings reported as of December 31, 2023[66]. Dividends - The company did not recommend any dividend payment for the year, consistent with the previous year[3]. - The company did not recommend a final dividend for the years ended December 31, 2023, and 2022[38]. - The company did not recommend a final dividend for the year, consistent with the previous year[75]. Business Expansion and Initiatives - The company is expanding its business into digital assets, including non-fungible tokens and blockchain technology, to enhance revenue sources[51]. - The company launched a metaverse initiative in October 2023, targeting markets in Southeast Asia, China, and India[51]. - The company completed the acquisition of shares in Zhongfu Shurong Technology Co., Ltd. on July 25, 2023, enabling expansion into the digital asset business in China and Hong Kong[52]. - The company purchased 90% of Prosper Long Limited for HKD 23,400,000 on September 27, 2023, to enter the Southeast Asian and Chinese digital asset markets[71]. - The company has launched a comprehensive blockchain platform named "Future Chain" aimed at providing users with unique non-fungible token issuance and cross-chain transfer experiences[54]. - A strategic partnership memorandum was signed with Conflux Network to enhance the capabilities of the Future Chain platform, leveraging Conflux's scalable technology[54]. - The company is exploring new opportunities in the rapidly developing digital asset industry and plans to enhance its capabilities and knowledge in this area[56]. Costs and Expenses - The finance costs for the year were HKD 3,030,000, significantly higher than HKD 1,317,000 in the previous year, reflecting an increase of 129%[30]. - The pre-tax loss for the year was impacted by a cost of goods sold amounting to HKD 306,211,000, down from HKD 448,747,000 in 2022[32]. - Research and development costs for the year were HKD 5,174,000, slightly up from HKD 4,869,000 in 2022[32]. Taxation - The company reported a tax expense of HKD (1,926) thousand for 2023, compared to a tax credit of HKD 1,516 thousand in 2022[37]. - The effective tax rate for Korean corporate income tax ranges from 9.9% to 23.1% for 2023, compared to 11% to 24.2% in 2022[35]. Corporate Governance - The company confirmed sufficient public float, with at least 25% of its issued shares held by the public[81]. - A shareholder annual general meeting is scheduled for June 18, 2024, to discuss future strategies and performance[84]. - The company’s auditor confirmed that the preliminary announcement aligns with the draft financial statements for the year[87]. - The audit committee has been established in accordance with GEM listing rules, consisting of three independent non-executive directors[88]. - The audit committee reviewed the group's financial performance for the year and found no objections[88]. - All members of the audit committee are independent and include one with appropriate professional qualifications in accounting or related financial management[88]. Stock Options - The company adopted a stock option plan, granting a total of 29,800,000 stock options to employees and directors on three separate occasions in 2023[69]. - The company plans to grant an additional 4,800,000 stock options to employees on January 15, 2024, at a price of HKD 0.60 per share[82].
未来数据集团(08229) - 2023 - 年度业绩