v3.26.1
Consolidated Statements of Cash Flows
12 Months Ended
Mar. 31, 2026
HKD ($)
Mar. 31, 2026
USD ($)
Mar. 31, 2025
HKD ($)
Mar. 31, 2024
HKD ($)
Cash flows from operating activities:        
Net loss $ (27,319,616) $ (3,502,515) $ (27,773,099) $ (5,840,256)
Adjustments to reconcile net loss to net cash used in operating activities        
Allowance for expected credit losses 353,590 45,332 148,835 225,554
Amortization of intangible asset 70,200 9,000
Depreciation of property and equipment 17,226 2,208 16,664 30,285
Share-based compensation for services 9,086,996
Change in operating assets and liabilities:        
Accounts receivable (444,631) (57,004) (455,266) 928,910
Long-term prepayments 6,503,596 833,794 9,997,823 (18,198,185)
Deposits and other receivables 167,514 21,476 (167,506)
Accounts payable (74,000)
Due to related parties (1,269,266) (560,297)
Accrued liabilities and other payable 658,048 84,366 (2,468,902) (701,134)
Contract liabilities 160,212 20,540 295,140 (863,421)
Net cash provided by (used in) operating activities (19,833,861) (2,542,803) (12,588,581) (25,052,544)
Cash flows from investing activities:        
Issuance of promissory notes, net (33,225,022) (4,259,618) (18,684,766)
Cash paid for acquisition (13,260,000) (1,700,000)
Payments on the purchase of intangible asset (1,053,000) (135,000)
Purchase of property and equipment (11,533) (1,478) (6,125)
Net cash used in investing activities (47,549,555) (6,096,096) (18,684,766) (6,125)
Cash flows from financing activities:        
Proceeds from issuance of new shares 10,368
Proceeds from Initial Public Offering 76,438,222
Proceeds from public offerings 54,054,000 6,930,000 9,349,080
Payment of deferred offering cost (609,621) (78,157) (281,726) (10,075,430)
Proceeds from related party loan 1,269,266
Net cash (used in) provided by financing activities 53,444,379 6,851,843 9,067,354 67,642,426
Effect of foreign exchange rate changes (53,025) (6,798) (16,180) (1,440)
Net change in cash and cash equivalent (13,992,062) (1,793,854) (22,222,173) 42,582,317
BEGINNING OF PERIOD 20,890,350 2,678,250 43,112,523 530,206
END OF PERIOD 6,898,288 884,396 20,890,350 43,112,523
SUPPLEMENTAL CASH FLOW INFORMATION:        
Cash paid for income taxes 1,544
Cash paid for interest