v3.26.1
Consolidated Statements of Cash Flows
$ in Millions
 12 Months Ended
Mar. 31, 2026
HKD ($)
Mar. 31, 2025
HKD ($)
Mar. 31, 2024
HKD ($)
Cash flows from operating activities:      
Net Profit/(Loss) before tax $ (73,967,270) $ 7,525,533 $ 8,077,221
Change in operating assets and liabilities:      
Interest income (2,138) (44,840) (22,995)
Finance costs 829,049 656,689 246,262
Amortization 2,560,667
Depreciation of equipment 64,991 70,901 5,908
Depreciation of right of use assets 350,832 378,613 288,175
Share-based payment for service fee 37,834,915    
Impairment of investment on event projects 5,322,527
Gain on disposal of intangible assets (6,145,711)
(Gain)/loss on investment on event projects 5,071,365 (806,606)
Loss/(Gain) on early termination of leases (2,539)
Impairment of rights of use assets 111,136
Contract assets 57,000 4,280,713 (4,337,713)
Inventory 305,307 (305,307)
Accounts and other receivables 10,802,602 (6,448,792) (826,687)
Deposits and prepayments (10,075,560) (10,987,642) (151,319)
Amount due from/(to) related parties 931,515 (931,515)
Amount due from/(to) joint operation parties (11,272,282) (1,759,280)
Trade payable and other payable 15,943,007 (578,018) 1,436,359
Contract liabilities (3,569,274) 3,569,274
Cash Generated from operation (17,804,140) (15,992,733) 8,281,946
Income tax paid (2,173,947)
Net cash provided by/(used in) operating activities (19,978,087) (15,992,733) 8,281,946
Cash flows from investing activities:      
Acquisition of intangible assets (9,269,276)
Proceeds from disposal of intangible assets 1,147,119
Proceeds from investment on event projects 1,800,000
Cash paid for event projects at loss 3,758,232  
Cash paid for investment on event projects, net of investment return (20,948,892) (8,488,244)
Interest received 2,138 44,840 22,995
Disposal of motor vehicle 7,945
Purchases of equipment (141,800)
Net cash used in investing activities (24,704,986) (14,765,561) (110,860)
Cash flows from financing activities:      
Proceeds from a shareholder 7,213,210 9,177,530 18,039,849
Payments to a shareholder (5,407,110) (4,387,903) (21,742,460)
Proceeds from issuance of ordinary shares, net of offering expenses 32,998,499
Proceeds from shares to be issued 24,733,176
Proceeds from investment partner 30,103,441
Repayment of profit split for investments on event projects to investment partner (384,282)
Repayment to investment partner (14,706,020)
Proceeds from bank overdrafts 2,056,271 15,143,460
Repayment of bank overdrafts (1,903,000) (7,793,324)
Proceeds from bank borrowings 21,356,199 3,703,821
Repayment of bank borrowings – principal (16,588,957) (951,427) (503,180)
Repayment of bank borrowings and overdrafts – interest (814,595) (626,384) (221,892)
Repayment of leases liabilities – principal (534,236) (261,979) (230,164)
Repayment of leases liabilities – interest (14,454) (30,305) (24,370)
Net cash provided by/(used in) financing activities 48,004,701 44,076,930 (4,682,217)
Net change in cash and bank balances 3,321,628 13,318,636 3,488,869
BEGINNING OF YEAR 17,135,719 3,817,083 328,214
END OF YEAR 20,457,347 17,135,719 3,817,083
SUPPLEMENTAL CASH FLOW INFORMATION:      
Cash paid for income taxes (2,173,947)
Cash paid for interest (829,049) (656,689) (247,430)
Dividend offset amount due from a shareholder 5,500,000
Amount due from joint operation parties offset payment for investment on event projects 11,676,465
Completed events projects investment balances offset for other new investment on events projects 2,822,852
Accounts receivables offset payment for investment on event projects $ 615,995