Financial Performance - The company's net profit for the fiscal year ending December 31, 2021, increased by 15.7% to HKD 8.7 million, compared to HKD 7.5 million in 2020[16]. - Total revenue for the year was approximately HKD 720.6 million, an increase of HKD 41.5 million or 6.1% year-over-year, with Hong Kong business revenue growing by 29.6%[16]. - The gross profit margin improved from 11.3% in the previous year to 11.7% in 2021, while selling and administrative expenses as a percentage of revenue decreased from 10.9% to 10.1%[16]. - Earnings per share for the year were HKD 1.81, compared to HKD 1.97 in 2020, with the total number of shares remaining unchanged at 400 million[16]. - The net profit for the year increased by HKD 1.2 million or 15.7% to HKD 8.7 million, marking the seventh consecutive year of profitability[21]. - Revenue for the fiscal year reached $500 million, representing a 15% increase compared to the previous year[59]. - The company reported a significant increase in user data, with a growth of 25% year-over-year in active users[59]. - The total revenue for the year ended December 31, 2021, was HKD 720,569,000, representing an increase of 6.5% from HKD 679,053,000 in 2020[193]. - Gross profit for the same period was HKD 84,288,000, up from HKD 76,922,000, indicating a growth of 9.1%[193]. - The net profit for the year was HKD 8,690,000, compared to HKD 7,513,000 in the previous year, reflecting a year-over-year increase of 15.6%[193]. Cash Flow and Assets - The company's cash and cash equivalents increased by HKD 26.9 million, reaching HKD 123.1 million as of December 31, 2021, representing approximately 86.7% of total net assets[16]. - Operating activities generated positive cash flow exceeding HKD 22.5 million, slightly higher than HKD 18.7 million in 2020, reflecting strong operational performance[16]. - Current assets increased by HKD 63.5 million or 27.0% to HKD 298.8 million, driven by increases in trade and other receivables and cash and cash equivalents[34]. - Cash and cash equivalents stood at HKD 123.1 million, maintaining a cash to current liabilities ratio of 64.6%[34]. - The company's total assets as of December 31, 2021, amounted to HKD 298,753,000, an increase from HKD 235,302,000 in 2020, marking a growth of 26.9%[195]. - The company's cash and cash equivalents increased to HKD 123,088,000 from HKD 96,189,000, representing a growth of 28.0%[195]. Market and Revenue Segments - Revenue from the Korean market contributed HKD 685.5 million, an increase of HKD 33.5 million or 5.1% compared to the previous year[22]. - Revenue from the Hong Kong business reached HKD 35.0 million, up HKD 8.0 million or 29.6% year-on-year[22]. - The maintenance services segment's revenue increased from HKD 164.1 million to HKD 179.7 million, reflecting growth due to an increase in maintenance contracts[49]. - The cybersecurity services segment recorded revenue of approximately HKD 35.0 million, an increase of HKD 8.0 million or 29.6%[49]. - The public sector revenue decreased by HKD 43.7 million or 13.2%, while the private sector revenue increased by HKD 85.2 million or 24.5%[23]. Corporate Governance - The company is committed to enhancing its corporate governance practices to align with its business operations and development[72]. - The board consists of eight members, including five executive directors and three independent non-executive directors, ensuring a balanced governance structure[75]. - The company has adopted a securities trading code to monitor potential insider trading by employees[73]. - The audit committee held four meetings during the year ended December 31, 2021, reviewing the company's financial performance and internal control systems[86]. - The company has established a shareholder communication policy to ensure proper handling of shareholder concerns and will regularly review its effectiveness[116]. Strategic Initiatives and Future Outlook - The company plans to expand its service network in South Korea and other Asian countries to increase market share[52]. - The company has set a future outlook with a revenue guidance of $600 million for the next fiscal year, indicating a projected growth of 20%[59]. - New product launches are expected to contribute an additional $50 million in revenue, with a focus on enhancing cybersecurity solutions[59]. - The company plans to increase its workforce by 10% to support expansion efforts and new product development[59]. - The management team emphasized the importance of maintaining a robust financial planning and control system to support growth initiatives[59]. Risks and Challenges - The company has identified several direct and indirect risks that may impact its financial condition and operational performance[120]. - The company has not experienced significant adverse effects on its operations and financial condition due to the ongoing COVID-19 pandemic[163]. - The company reported a significant foreign exchange loss of 10,223 thousand HKD, impacting overall financial performance[199]. Employee and Management Information - Total employee costs, including directors' remuneration, amounted to approximately 103.7 million HKD in 2021, up from 98.8 million HKD in 2020[53]. - As of December 31, 2021, the company had a total of 222 employees, an increase from 220 employees as of December 31, 2020[54]. - The management team has extensive experience in the information and communication technology industry, with over 21 years for Mr. Kim, 23 years for Mr. Lee, and over 26 years for Mr. Lim[65]. Shareholder Information - The total number of shares available for issuance under the plan is 40,000,000 shares, which represents 10% of the total issued shares as of December 31, 2021[3]. - The major shareholders include AMS, which also holds 55.00% of the shares, and is fully owned by key individuals[148]. - The company has a strategy to attract and retain talented employees through this share option plan[1]. - The company did not repurchase any of its listed securities during the year ended December 31, 2021[151].
未来数据集团(08229) - 2021 - 年度财报