Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 61

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 5
Chunk 61
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 mainly due to (i) the one-off share-based compensation of
approximately HK$11.1 million in relation to the issuance of shares under the 2025 Equity Incentive Plan; (ii) inc rease
in one-off listing related expenses and legal advisory fee; and (iii) increase in staff costs of back office for the expansion of
operation in FY2025.

Selling
and marketing expenses

Selling
and marketing expenses were approximately 0.4% and 0.8% of total revenue in FY2023 and FY2025, respectively. Selling and marketing
expenses mainly comprise advertising expense for online marketing campaigns. The increase in selling and marketing expenses of
approximately HK$0.5 million or 250.0% was mainly attributable to a higher budget allocated to online campaigns aimed at brand building and
boosting sales.

Other
(expense) income

We recorded a net other income of HK$768,255 for FY2025, primarily comprising
miscellaneous income of approximately HK$1.0 million, partly offset by interest expense of HK$294,634. For FY2023, we recorded a net other
expense of HK$46,491, mainly attributable to interest expense of HK$195,143.

Income
tax expense

For
FY2023 and FY2025, our income tax expense was HK$754,979 and HK$186,151,
respectively.

Net
income (loss)

We
recorded a net loss of approximately HK$7.9 million in FY2025, compared to a net income of approximately HK$6.3 million in FY2023.
Such turnaround from net income to net loss was attributable to the (i) decrease in gross profit; and (ii) increase in general and
administrative expenses, as explained above.

Basic
and diluted earnings (loss) per ordinary share

For
FY2025, we recorded a basic and diluted loss per ordinary share of approximately HK$12.55 (US$1.61). For FY2023, we recorded a basic
and diluted earnings per ordinary share of approximately HK$14.34.

Comparison
of Six Months Ended June 30, 2024 and 2023

In evaluating our operating results for the six months ended June 30, 2024
and 2023, you should carefully consider the information provided under the section “ Item 5. Operating and Financial Review and Prospects”
of our transition report on Form 20