v3.25.1
DISAGGREGATED REVENUE
 12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
DISAGGREGATED REVENUE

 

10. DISAGGREGATED REVENUE

 

The following is the Company’s revenue from contracts with customers that are recognized at a point in time, in accordance with ASC Topic 606, by major transactional based services:

 

   2022   2023   2024   2024 
   For the years ended December 31, 
   2022   2023   2024   2024 
   HKD’000   HKD’000   HKD’000   US$’000 
                 
Securities brokerage services                    
Securities brokerage commission income   1,750    3,513    2,145    276 
Securities brokerage handling fee   162    261    349    45 
    1,912    3,774    2,494    321 
                     
Placing services                    
Placing commission income   3,776    8,237    -    - 
                     
Asset management services                    
Fund setup fee   -    308    -    - 
Fund subscription fee   756    81    247    32 
    756    389    247    32 
                     
Total revenues recognized at a point in time   6,444    12,400    2,741    353 

 

The following is the Company’s revenue from contracts with customers for services recognized over a period of time in accordance with ASC Topic 606, by major service type:

 

   For the years ended December 31, 
   2022   2023   2024   2024 
   HKD’000   HKD’000   HKD’000   US$’000 
Interest income                    
Margin financing   6,990    5,981    3,059    394 
                     
Asset management services                    
Management fee income   5,843    3,558    3,948    508 
                     
Total revenues recognized over a period of time   12,833    9,539    7,007    902