Company: CLIK
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003127
Chunk: 88

Company: Click Holdings Ltd.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 88
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     |           |         — |     |             |      58 |   |     |       |        61 |   |
| Total other income (expense)                    |     |              |    9,241 |   |     |          |         — |     |           |         — |     |             |  13,819 |   |     |       |    23,060 |   |
| (Loss) income before provision for income taxes |     | $            | (124,051 | ) |     | $        |   210,005 |     | $         |   158,276 |     | $           | (61,322 | ) |     | $     |   182,908 |   |

49 Professional solution services Segment revenue was generated from services performed directly by our in -houseemployees who are accounting and finance experts. Segment revenue increased significantly by approximately $1.1 million from $0.9 million for FY2022 to $2.0 million for FY2023 or 112.5% which was mainly attributable to the increase in revenue contributed by Certified Public Accountant firms of approximately $0.9 million that engaged our professional team for the provision of audit work under their instruction. Segment gross profit also increased significantly with the gross profit margin increased from 35.9% in FY2022 to 59.9% in FY2023. The significant increase in segment gross profit margin in FY2023 was mainly due to the comparatively smaller increase in cost of revenue by approximately $0.2 million or 32.9% arising from increase in staff headcount and incentive payment. The significant increase in segment revenue coupled with the relatively rigid salaries of the professional team resulted in a turnaround of segment results from net loss in FY2022 to net profit in FY2023. Nursing solution services Segment revenue was generated from service fee for sourcing and placement of independent contractors from our talent pool who are registered nurses and/or healthcare workers specializing in provision of healthcare services to social service organizations, nursing homes and individual clients. Segment revenue decreased by approximately $0.2 million or 8.5% in FY2023 which was mainly attributable to termination of double pay for nursing professionals in FY2022 offered by some nursing home clients in respect of incentive scheme during COVID pandemic. Since our service fee was determined with reference to the salaries of the independent contractors being placed, segment revenue also decreased slightly in FY2023 following the termination of double pay arrangement of some of our customers.