v3.26.3
Revenues
 12 Months Ended
Jun. 30, 2026
Revenues [Abstract]  
Revenues

Note 3 — Revenues

 

Revenues are recognized when control of the promised services and deliverables are transferred to the Company’s clients in an amount that reflects the considerations the Company expects to be entitled to and receive in exchange for services and deliverables rendered.

 

The following table presents the Company’s revenues disaggregated by service lines for the fiscal years ended June 30, 2026, 2025 and 2024: 

 

    For the years ended June 30,  
    2024     2025     2026  
    HKD     HKD     HKD     US$  
Cloud services and data center managed services   $ 41,404,258     $ 14,388,087     $ 17,484,127     $ 2,229,549  
Telecommunication, consultancy and related services     8,046,176       8,693,007       4,500,676       573,920  
Total revenues   $ 49,450,434     $ 23,081,094     $ 21,984,803     $ 2,803,469  

 

The following table presents the Company’s revenues disaggregated by the timing of revenue recognition for the years ended June 30, 2026, 2025 and 2024:

 

    For the years ended June 30,  
    2024     2025     2026  
    HKD     HKD     HKD     US$  
Service transferred over time   $ 49,450,434     $ 23,081,094     $ 21,984,803     $ 2,803,469  

 

Revenue, classified by the major geographic areas in which our customers were located, was as follows:

 

    For the years ended June 30,  
    2024     2025     2026  
    HKD     HKD     HKD     US$  
Hong Kong   $ 31,278,159     $ 12,258,708     $ 10,874,897     $ 1,386,750  
Malaysia     10,400,382       9,029,920       11,109,906       1,416,719  
Others     7,771,893       1,792,466       -       -  
Total revenues   $ 49,450,434     $ 23,081,094     $ 21,984,803     $ 2,803,469  

 

The amounts of transaction prices allocated to the remaining performance obligations (unsatisfied or partially unsatisfied) as of June 30 are as follows:

 

    As of June 30,  
    2025     2026  
    HKD     HKD     US$  
Amounts expected to be recognized as revenue:                  
Within one year   $ 2,086,957     $      -     $      -  
After one year     1,565,217       -       -  
    $ 3,652,174     $ -     $ -  

 

The Company elected to utilize the optional exemption to exclude from this disclosure the remaining performance obligations that have original expected duration of one year or less.

 

The following table shows the amounts of revenue recognized in the current reporting period that was included in contract liabilities at the beginning of the reporting period:

 

    For the years ended June 30,  
    2024     2025     2026  
    HKD     HKD     HKD     US$  
Revenue recognized that was included in contract liabilities at the beginning of the reporting period:                        
Cloud services and data center managed services   $ 1,876,000     $ -     $ -     $ -  
Telecommunication, consultancy and related services     1,911,587       1,739,130       1,652,174       210,683  
Total revenues   $ 3,787,587     $ 1,739,130     $ 1,652,174     $ 210,683