Company: CLIK
Filing Date: 2025-04-02
Form Type: 424B4
Source: 0001213900-25-027705
Chunk: 94

Company: Click Holdings Ltd.
Filing Date: 2025-04-02
Form: 424B4
Chunk 94
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 assets were approximately $1.4 million, and our current liabilities were approximately $1.2 million. As of December 31 2022, our current assets were approximately $1.1 million, and our current liabilities were approximately $1.4 million. Our current ratio improved from approximately 0.8 in FY2022 to 1.2 in FY2023. As of June 30, 2024, we had cash and cash equivalents of $221,047 and outstanding bank loans of $448,718. The bank loans bore interest ranging from 5.47% to 6.11%. As of June 30, 2024, our current assets were approximately $1.4 million, and our current liabilities were approximately $0.9 million. Our current ratio improved from approximately 1.2 for the year ended December 31, 2023 to 1.6 in 6M2024. In view of the current cash and bank balances, funds generated by our operating activities and bank loans, we believe our Company has sufficient resources to meet the working capital needs in the next 12 months from the date the audited financial statements are issued. However, our ability to meet the liquidity and capital requirements will be subject to future economic conditions and other factors which are beyond our control. We may declare or pay dividends in the foreseeable future. Any future determination related to our dividend policy will be made at the discretion of our BOD after considering our financial condition, results of operations, capital requirements, contractual requirements, business prospects and other factors the BOD deems relevant, and subject to the restrictions contained in any future financing instruments. We intend to use the net proceeds from this offering in the following manner: •approximately 80% for potential investments and/or horizontal acquisition of human resources solution providers; and •approximately 20% for general administration and working capital. 57

Cash Flow The following table sets forth a summary of our consolidated cash flows for the years ended December 31, 2023 and 2022, respectively:

|                                                     |     |     2023 |   |     |     2022 |   |
|                                                     |     |      US$ |   |     |      US$ |   |
| Net cash provided by (used in) operating activities |     |  430,566 |   |     | (348,807 | ) |
| Net cash used in investing activities               |     |   (6,017 | ) |     | (