Company: CLIK
Filing Date: 2025-03-19
Form Type: F-1
Source: 0001213900-25-025112
Chunk: 96

Company: Click Holdings Ltd.
Filing Date: 2025-03-19
Form: F-1
Chunk 96
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|                                                     |     |                      2024 |   |     |     2023 |   |
|                                                     |     |                       US$ |   |     |      US$ |   |
| Net cash (used in) provided by operating activities |     |                   (30,520 | ) |     | (203,081 | ) |
| Net cash used in investing activities               |     |                    (2,255 | ) |     |   (1,114 | ) |
| Net cash used in financing activities               |     |                  (228,687 | ) |     | (256,411 | ) |
| Effect of foreign exchange rate on cash             |     |                       (79 | ) |     |     (116 | ) |
| Net increase in cash and cash equivalents           |     |                   261,541 |   |     |  (54,560 | ) |

58

Operating activities For 6M2024 and 6M2023, our net cash used in or provided by operating activities were primarily derived from cash inflow from our net income adjusted for (i) net non -cashexpenses comprising depreciation, non -cashlease expense, and provision for expected credit losses, and (ii) net change in operating assets and liabilities, including accounts receivable, prepaid expenses and other current assets, due from related parties, accounts payable, accrued expenses and other liabilities, advance from customers, due to a related party, income tax payable and lease liabilities. Net cash used in operating activities was $30,520 for 6M2024 compared to net cash provided by operating activities of $203,081 for 6M2023, representing a decrease of $233,601. Such decrease was primarily due to increase in revenue which required increase in working capital, resulting in net cash used in operating activities. Investing activities Net cash used in investing activities for 6M2024 and 6M2023 were $2,255 and $1,114, respectively, which represent cash payment for purchase of property and equipment. Financing activities For 6M2024, net cash used in financing activities was approximately $0.2 million, mainly consisted of repayments on bank loans of approximately $0.8 million and deferred offering cost of approximately $0.7 million, which were offset by proceeds from bank loans of approximately $0.7 million and proceeds from issuance of ordinary shares of approximately $0.5 million. For 6M2023, net cash used in financing activities