2024-09-26-港交所-游莱互动_二零二四年中期报告_54页_2mb

Digital Hollywood Interactive Limited

Corporate Profile

• Board of Directors: Executives (陸源峰, 黃國湛, 黃德強, 駱思敏), Independent Non-executives (周志偉等), Audit Committee, Remuneration Committee, Nomination Committee.
• Registered Office: Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands.
• PRC HQ: Guangzhou, Haizhu District, Jiang Nan Da Dao (South) No. 368, 2nd Floor.

Financial Highlights

• Revenue: ⬉4.5 million USD, down 5.3% YoY.
• Gross Profit: Up 8.8% YoY to ~2.0 million USD.
• Net Loss: ⬉1.9 million USD, down 25.9% YoY.
• Dividend: No interim dividend declared.

Business Outlook

• Focus on global H5 game distribution, Latin America market expansion, platform strategy.
• Revenue decline driven by legacy game performance; gross margin improved due to cost efficiency.
• Plans to enhance long-term product operation and localization for overseas success.

Debt & Liquidity

• Bank Balances: ~$23.2M (up 4% YoQ).
• Current Ratio: 3.6, indicating strong liquidity positioning.
• No Debt: No borrowings as of 30 June 2024.

Significant Matters

• Investments & Acquisitions: None material during H1 2024.
• IPO Proceeds: Unutilized funds ~$1.8M, expected full use by 2025.
• Shareholder Rights: Governance deviations including lack of formal separation of Chairman & CEO roles.

Forward-Looking Statements

• Revenue growth expected through H2 2024 via improved distribution strategies and diversified product portfolio.
• Challenges include market competition and cost management pressure in international expansion.