Company: CLIK
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003127
Chunk: 95

Company: Click Holdings Ltd.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 95
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4. Revenue contribution from the provision of logistics and other solution services increased from approximately 31.1% in 6M2023 to 47.0% in 6M2024. Cost of revenue Cost of revenue increased by approximately $0.2 million or 10.0% from approximately $2.0 million in 6M2023 to approximately $2.2 million in 6M2024. Such increase was due to the increase in costs to vendors in relation to the logistics and other solution services. Gross profit Gross profit increased by approximately $0.2 million, or 25.0%, from $0.8 million in 6M2023 to $1.0 million in 6M2024, which was primarily due to (i) an improvement in gross profit margin for the provision of professional solution services; and (ii) increase in revenue from the provision of logistics and other solution services in 6M2024. Gross profit margin increased from approximately 27.8% in 6M2023 to 30.0% in 6M2024. The increase in gross profit margin in 6M2024 was mainly attributable to the departure of certain employees resulting in reduction in cost of revenue and increase in gross profit margin for professional solutions services in 6M2024. General and administrative expenses General and administrative expenses were approximately 13.0% and 12.7% of total revenue in 6M2024 and 6M2023, respectively. The increase in general and administrative expenses by approximately $57,427, or 16.2%, was mainly due to the increase in staff costs of back office for the expansion of operation in 6M2024. Selling and marketing expenses Selling and marketing expenses were approximately 0.4% and 0.4% of total revenue in 6M2024 and 6M2023, respectively. Selling and marketing expenses are mainly advertising expense for online marketing campaigns. The increase in selling and marketing expenses by approximately $1,520 or 13.0% was mainly attributable to more online marketing advertisements placed in 6M2024. Other (expense) income Government subsidies Our government subsidies mainly were subsidiaries received from Hong Kong government as relief measures against COVID -19in 6M2023. The government subsidies decreased from $8,536 in 6M2023 to nil in 6M2024. Net interest expenses Our finance expense mainly comprised interest expense on bank loans.