Company: CLIK
Filing Date: 2025-02-19
Form Type: 20-F
Source: 0001213900-25-015041
Chunk: 3

Company: Click Holdings Ltd.
Filing Date: 2025-02-19
Form: 20-F
Item: Item 5
Chunk 3
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 combination of factors, may cause actual results to differ from those contained in any forward-looking statement. We do not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. You should read this Transition Report and the documents that we reference in this Transition Report completely and with the understanding that our actual future results may be materially different from what we expect.
 
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PART I
 Item 5. Operating and Financial Review and Prospects
 
The following discussion of our financial condition and operating results is based upon our unaudited condensed consolidated financial statements and related notes included elsewhere in this Transition Report. This Transition Report contains forward-looking statements. See “Forward-Looking Information.” In evaluating our business, you should carefully consider the information provided under the caption “Risk Factors” of our Prospectus. We caution you that our businesses and financial performance are subject to substantial risks and uncertainties.
 
On December 3, 2024, we entered into a cooperation agreement with Care U Professional Nursing Service Limited (“Care U”) and agreed to jointly provide integrated Home-based service for elderly under the CCSV scheme in Hong Kong. The CCSV scheme is a government-sponsored program 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-NGOs private company to become a licensed recognized service provider under the CCSV scheme, to provide integrated Home-based service 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-subsidized elderly 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 by this partnership is expected to further promote public awareness of our Company’s high-quality services, creating additional momentum for growth and development in Hong Kong.
 
 A. Operating Results
 
Overview
 
We are a fast-growing human resources solutions provider based in Hong Kong, aiming to match our client’s human resources shortfall through our proprietary AI-empowered talent pool by one “click”. Our key businesses primarily include (i) professional solution services; (ii) nursing solution (mainly elderly) services; and (iii) logistics and solution services. We primarily focused on talent sourcing and the provision of temporary and permanent personnel to customers