Company: CLIK
Filing Date: 2025-03-19
Form Type: F-1
Source: 0001213900-25-025112
Chunk: 84

Company: Click Holdings Ltd.
Filing Date: 2025-03-19
Form: F-1
Chunk 84
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 year ended December 31, 2022. We achieved steady growth over the past six months and continued to consolidate its market position in the human resources solutions sector. In the first half of 2024, the Company achieved total revenue of approximately $3.2million. We have realized an improvement in our gross profit margin within our business. During the first half of 2024, the Company reported a net income of approximately $0.5million, marking a notable increase of approximately 25.0% compared to that of approximately $0.4million for the same period in 2023. On November22, 2024, our BOD approved the fiscal year change. On December 16, 2024, we announced a change in fiscal year end from December 31 to June 30. The first and second quarters are typically peak seasons for our professional solution services because many of our corporate customers have their fiscal year ending on December 31 and March 31. Keeping this in mind, we have decided to change our fiscal year end from December 31 to June 30. This will enable us to allocate sufficient resources to our professional solution services during the peak seasons of the first and second quarters, while allowing us to concentrate on audit work and strategic planning post -peakseasons. We have filed a transition report on Form 20 -Fto cover the transition period from January1, 2024 to June30, 2024 as required under applicable rules and regulations. On December3, 2024, we entered into a cooperation agreement with Care U Professional Nursing Service Limited (“Care U”) and agreed to jointly provide integrated Home -basedservice for elderly under the CCSV scheme in Hong Kong. The CCSV scheme is a government -sponsoredprogram that provides community care services through a “money -following-the-user” and “affordable users pay” subsidy model. Care U is one of the leading nursing service providers in Hong Kong and the first non -NGOsprivate company to become a licensed recognized service provider under the CCSV scheme, to provide integrated Home -basedservice for elderly under scheme in Hong Kong. We considered this collaboration as an opportunity to further strengthen its elderly care business under Hong Kong’s government -subsidizedelderly care programs. This aligns with our strategy to enhance the quality of its human resources and expand our integrated services for the elderly. Our management also considered the cooperation is the key milestone to tap into “Home Caring Services for Elderly” in HK. The synergy brought