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

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 24
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 is no assurance that we will be able to generate such net cash inflows from operating activities in the
future. In the event we are not able to generate sufficient funds to finance our operations, and not able to finance from our external
sources, our operations and financial position will be materially and adversely affected.

We
are affected by the macroeconomic, political, regulatory, social and other factors beyond our control mainly in Hong Kong.

Currently,
we have our entire operations in Hong Kong. We are affected by macroeconomic factors, such as general economic conditions, population
growth, infrastructure development, and market sentiment which are in part, influenced by government spending, infrastructure spending,
unemployment rates, real disposable income, inflation, recession, stock market performance, interest rate environment, regulatory policies,
foreign investment, gross domestic product growth, business sentiment and economic outlook, all of which are beyond our control. Moreover,
political and social stability, taxation, price and exchange control regulations, industry laws and regulations in Hong Kong. There is
no assurance that such conditions will not develop in a manner that will have an adverse effect on our operations and financial performance.

We
are subject to claims against us in relation to our sales contracts or operations.

Our
sales contracts with our customers include terms that provide for breach of contracts, liquidated damages and penalties triggered by
certain events such as inability to fulfill the delivery obligations. As such, we may be involved in disputes with our customers, or
subject to any material claims, damages or losses. These disputes may lead to legal or other proceedings and may damage our reputation
and divert our resources and management’s attention. Significant costs may have to be incurred in settling such disputes or defending
ourselves in such proceedings. If we are not successful in defending ourselves in such proceedings, we may be liable for damages, the
amount of which may be significant. In addition, we may have disagreements with regulatory bodies in the course of our operations, which
may subject us to administrative proceedings or unfavorable decrees that may result in liabilities and cause other material and adverse
effects on our business, results of operations and financial positions.

We
may be liable for various obligations as an employer in the event that we place and allocate jobs to personnel in our talent pool which
may adversely affect our financial position.

Except
for the placement of staff directly employed by us for the human resources solutions of professional services, the provision of other
human resources solution services by us, in particular the placement of personnel from our talent pool does not