v3.26.3
Consolidated Statements of Cash Flows
 6 Months Ended 12 Months Ended
Jun. 30, 2024
HKD ($)
Jun. 30, 2026
USD ($)
Jun. 30, 2026
HKD ($)
Jun. 30, 2025
HKD ($)
Cash flows from operating activities:        
Net income (loss) $ 3,649,121 $ 1,874,338 $ 14,619,846 $ (7,936,462)
Adjustment to reconcile net income to net cash provided by (used in) operating activities:        
Depreciation 109,589 64,692 504,596 290,550
Amortization 311,172 2,427,145 168,717
Change of fair value of financial asset – contingent consideration asset (1,660,256) (12,950,000)
Gain on disposal of property and equipment (30,000) (234,000) (1,000,000)
Non-cash lease expense 466,698 275,333 2,147,599 906,601
Provision for expected credit losses 14,040
Stock compensation expense 11,129,227
Deferred tax expenses (51,343) (400,479) (27,838)
Changes in operating assets and liabilities        
Accounts receivable (1,824,450) (362,475) (2,827,304) (1,561,593)
Prepaid expenses and other current assets (28,236) (30,106) (234,826) (2,547,094)
Accounts payable 340,087 158,544 1,236,640 (270,211)
Accrued expenses and other liabilities (363,045) (641,618) (5,004,624) (2,752,842)
Advance from customers (960,000)
Due to a related party (1,587,758)
Income tax payable 387,456 5,333 41,601 (1,456,233)
Lease liabilities (442,167) (275,333) (2,147,599) (915,532)
Net cash used in operating activities (238,665) (361,719) (2,821,405) (5,972,710)
Cash flows from investing activities:        
Purchase of property and equipment (17,587) (396,191) (3,090,292) (631,732)
Proceed from disposal of property and equipment 30,000 234,000 1,000,000
Purchase of intangible assets (76,923) (600,000)
Net cash outflow on acquisition of Top Spin (Note 3(a)) (69,463,675)
Net cash inflow on acquisition of Bowser (Note 3(b)) 14,906 116,266
Net cash inflow on acquisition of Top Team (Note 3(c)) 24,820 193,595
Net cash inflow on acquisition of Axiom as a common control combination (Note 3(d)) 2,677 20,878
Net cash inflow on acquisition of Click Logistics as a common control combination 4,035 31,472
Net cash used in investing activities (17,587) (396,676) (3,094,081) (69,095,407)
Cash flows from financing activities:        
Proceeds from short-term bank loans 5,800,000 743,590
Repayments of short-term bank loans (5,900,000) (4,243,590)
Proceeds from issuance of ordinary shares for IPO 38,294,611
Proceeds from issuance of ordinary shares for general working capital 4,000,287 57,974,280
Payment of offering costs (5,684,052) (8,874,386)
Net cash (used in) provided by financing activities (1,783,765) 83,894,505
Net increase (decrease) in cash and cash equivalents (2,040,017) (758,395) (5,915,486) 8,826,388
Cash and cash equivalents at beginning of the period/years 3,764,184 1,352,635 10,550,555 1,724,167
Cash and cash equivalents at end of the period/years 1,724,167 594,240 4,635,069 10,550,555
Supplemental disclosure of cash flows information:        
Interest expense 112,607 274,867
Income tax 5,784 7,972 62,188 1,670,222
Non-cash activities and transactions:        
Consideration settlement by way of share issuance - acquisition of Top Spin (Note 3(a)) 5,973,708
Consideration settlement by way of share issuance - acquisition of Bowser (Note 3(b)) 11,268,592 87,895,017
Consideration settlement by way of share issuance - acquisition of Top Team (Note 3(c)) 1,388,176 10,827,775
Consideration settlement by way of share issuance - acquisition of Axiom as a common control combination (Note 3(d)) 10,174,913 79,364,320
Operating right-of-use assets recognized for related operating lease liabilities from acquisition of Axiom 30,582 238,540
Operating right-of-use assets recognized for related operating lease liabilities $ 33,645 $ 262,427 $ 5,861,057