源宇宙教育中期报告2025

INTERIM REPORT2025 Contents目 錄 FINANCIAL HIGHLIGHTS2CORPORATE INFORMATION3MANAGEMENT DISCUSSION AND ANALYSIS5CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSSAND OTHER COMPREHENSIVE INCOME21CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION23CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY25CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS27NOTES TO THE CONDENSED CONSOLIDATEDFINANCIAL STATEMENTS28OTHER INFORMATION51 Financial Highlights財 務 摘 要 20241231 For the six months ended 31 December 2024: –The Group recorded revenue of approximately HK$50.22 million,representing a decrease of approximately 25.49% as comparedto approximately HK$67.40 million for the corresponding periodin 2023. –50,220,000202367,400,00025.49% –14,040,000202316,060,000 –The Group recorded a loss of approximately HK$14.04 million(2023: approximately HK$16.06 million). 202412 31 As at 31 December 2024: –2.5320246306.0428.83%202463024.16% –The Group had a current ratio (defined as total current assetsdivided by total current liabilities) of approximately 2.53 times,compared to approximately 6.04 times as at 30 June 2024, anda gearing ratio, expressed as total debts divided by the sum oftotal equity plus total debts (total debts refer to total liabilitiesminus the sum of tax payable, deferred tax liabilities anddividend payable (if any)) of approximately 28.83%, comparedto approximately 24.16% as at 30 June 2024. The Board does not recommend the payment of an interim dividendfor the six months ended 31 December 2024 (2023: nil). 202412312023 Corporate Information公 司 資 料 EXECUTIVE DIRECTORS Yip Kai PongLi Ming Him INDEPENDENT NON-EXECUTIVE DIRECTORS Yuen Chun FaiHong Ka KeiLeung Sze Ki AUDIT COMMITTEE Leung Sze Ki(Chairman)Yuen Chun FaiHong Ka Kei REMUNERATION COMMITTEE Leung Sze Ki(Chairman)Hong Ka KeiLi Ming Him NOMINATION COMMITTEE Hong Ka Kei(Chairman)Leung Sze KiLi Ming Him AUTHORISED REPRESENTATIVES Yip Kai PongTang Chi Kong Corporate Information公 司 資 料 REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESSIN HONG KONG 182171708 Unit 1708, 17/FTower II, Admiralty CentreNo. 18 Harcourt RoadHong Kong PRINCIPAL BANKER Bank of China (Hong Kong) Limited PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre,16 Harcourt Road,Hong Kong www.bdveduii.com COMPANY WEBSITE STOCK CODE 1082 1082 Management Discussion and Analysis管 理 層 討 論 及 分 析 BUSINESS REVIEW Introduction The Group principally engages in the provision of (i) privateeducational services, which include primary tutoring services, skillcourse and test preparation courses and secondary tutoring services;(ii) Science, Technology, Engineering, Art and Math (“STEAM”)Education, Virtual Reality (“VR”) and digital entertainment salesand services; and (iii) investment in securities. The Group also offersmoney lending service to further utilize the cash flow generated fromour business. (i)(ii)STEAMVR(iii) Provision of Private Educational Services The Group is dedicated to providing local students with high-quality and comprehensive educational services aimed at helpingthem improve their academic performance and achieve all-rounddevelopment in their studies. The Group offers homework tutoringclasses for various grade levels as well as specialized subject coursesthat align with school curriculum. As at 31 December 2024, a learningcentre was operated by the Group under the brand name of “ModernEducation ()” and 8 directly-owned education centres and27 franchised centres operating under the brand name of “ModernBachelor Education ()” to offer both physical class andonline class to students to meet different needs. 20241231827 The aggregate revenue generated from primary tutoring services, skillcourse and test preparation courses and secondary tutoring serviceswas approximately HK$15.72 million during the six months ended 31December 2024 (“Period”), represented an increase of approximately5.65% from approximately HK$14.88 million for the correspondingperiod in 2023. 2024123115,720,000202314,880,0005.65% STEAM Education, VR and Digital Entertainment sales andservices STEAMVR Following the emergence of the concept of Web 3.0 and a growingdemand on STEAM education services in Hong Kong, the Groupoffered various STEAM courses under the brand name of “UFOTech Academy ()”. During the Period, the Grouphas generated revenue from (i) STEAM education services ofapproximately HK$0.67 million (2023: approximately HK$0.69million); (ii) sales of VR products and provision of related servicesof approximately HK$0.52 million (2023: approximately