Company: CLIK
Filing Date: 2025-02-19
Form Type: 20-F
Source: 0001213900-25-015041
Chunk: 5

Company: Click Holdings Ltd.
Filing Date: 2025-02-19
Form: 20-F
Item: Item 5
Chunk 5
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 ability to remain competitive in the human resources solution services market and to provide high quality services on a consistent basis.
 
Ability of our Group to accurately predict our clients’ future needs
 
Our revenue is derived from different types of clients, including, individual clients and institutional clients including accounting and professional firms, Hong Kong listed companies, nursing homes, logistics companies and warehouses. The needs of each of our clients for services may vary significantly from time to time. It is difficult to accurately predict our clients’ future needs due to factors such as the experience and expertise of required personnel, staffing levels and workload dynamics, all of which significantly impact service demand. There is no assurance that the demand for our Group’s services from our clients may be maintained or continue to grow in the years ahead.
 
Ability of our Group to maintain scale of pool of talents registered with us
 
As at the date of this Transition Report, over 10,478 healthcare personnel and logistics and other workforce were registered with us. Our Group’s business is highly dependent on the availability of talents registered with us for assignment placements. Moreover, our extensive database ensures that we can match personnel with the requisite skills and experience to meet the specific needs of our clients. Our financial performance will be affected if there is a significant decrease in the number of talents registered with us available to take up assignments. If we are unable to retain and expand our client base, or any of the major customers substantially reduces staffing requests or orders, our business operation and financial performance would be adversely affected.
 
Labor shortage
 
Hong Kong is experiencing ongoing shortage of permanent qualified healthcare personnel and other blue collar labor. The demand for our staffing solution services remains contingent on the continued shortage of personnel in professional services, healthcare and logistics industries.
 
2

 

Results of Operations
 
Comparison of Six Months Ended June 30, 2024 and 2023
 
The following table sets forth the consolidated results of our operations for the six months ended June 30, 2024 (“6M2024”) and the six months ended June 30, 2023 (“6M2023”):
 

                                                                                                   Six Months Ended                    
                                                                                                       June 30,                        
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                                                                              2024                          2023                       
Revenue                                                                                   $3,181,992                     $2,788,050    
Cost of revenue                                                                            2,225,962                      2,012,659    
Gross profit                                                                                 956,030                        775,391    
Operating expenses:                                                                                                                    
General and administrative                                                                   412,837