Company: CLIK
Filing Date: 2025-03-19
Form Type: F-1
Source: 0001213900-25-025112
Chunk: 174

Company: Click Holdings Ltd.
Filing Date: 2025-03-19
Form: F-1
Chunk 174
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 cumulative tax losses for entities in Hong Kong will not expire under the current tax legislation. The Company evaluates its valuation allowance at the end of each reporting period by reviewing all available evidence, both positive and negative, and considering whether, based on the weight of that evidence, a valuation allowance is needed. When circumstances cause a change in management’s judgement about the realizability of deferred tax assets, the impact of the change on the valuation allowance is generally reflected in income from operations. The future realization of the tax benefit of an existing deductible temporary difference ultimately depends on the existence of sufficient taxable income of the appropriate character within the carryforward period available under applicable tax law. As of June 30, 2024 and December 31, 2023 (audited), the Company provided full valuation allowance against the deferred tax assets because the Company assessed the deferred tax assets would not be realized. 9. REVENUE AND SEGMENT INFORMATION The Company has three reportable segments: 1.Professional solution services — delivery of accounting and auditing, company secretarial, and financial and compliance advisory services; 2.Nursing solution services — delivery of temporary healthcare services to institutional clients, including social service organizations and nursing home and individuals; and 3.Logistics and other solution services — delivery of logistic and warehouse human resources solution services to corporate customers. Corporate and unallocated — included in Corporate and unallocated are operating expenses that are not directly allocated to the individual business units. These expenses primarily consist of operating lease cost, certain staff costs, and other various general and administrative expenses.

F-15

CLICK HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 9. REVENUE AND SEGMENT INFORMATION (cont.) Segment information for the six months ended June 2024 and 2023 is presented below. Management does not manage the assets on a segment basis, therefore segment assets are not presented below.

|                                                 |     | For the six months ended June 30, 2024 |           |     |          |         |     |           |           |     |             |         |   |     |       |           |   |
|:------------------------------------------------|:----|:---------------------------------------|----------:|:----|:---------|--------:|:----|:----------|----------:|:----|:------------|--------:|:--|:----|:------|----------:|:--|
|                                                 |     | Professional                           
 solution