Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 73.81M | 48.00M | 40.01M | 86.60M | 53.79M |
Gross Profit | 14.76M | -3.48M | 11.65M | 18.68M | 17.13M |
EBITDA | -3.37M | -48.23M | -16.76M | -6.66M | -20.32M |
Net Income | -13.04M | -53.56M | -21.89M | -11.80M | -28.20M |
Balance Sheet | |||||
Total Assets | 63.61M | 59.47M | 48.47M | 48.61M | 54.94M |
Cash, Cash Equivalents and Short-Term Investments | 16.77M | 31.00M | 23.63M | 18.77M | 27.46M |
Total Debt | 84.75M | 77.79M | 35.15M | 18.74M | 17.03M |
Total Liabilities | 108.04M | 113.57M | 60.90M | 41.34M | 35.84M |
Stockholders Equity | -44.43M | -54.10M | -12.42M | 7.27M | 19.09M |
Cash Flow | |||||
Free Cash Flow | -40.70M | -37.27M | -12.68M | -9.51M | -18.94M |
Operating Cash Flow | -39.77M | -35.36M | -12.62M | -9.47M | -9.69M |
Investing Cash Flow | -4.34M | -1.86M | -57.00K | -40.00K | -9.25M |
Financing Cash Flow | 31.20M | 45.06M | 16.92M | 851.00K | 6.39M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
65 Neutral | $10.90B | 15.41 | 5.26% | 1.89% | 3.11% | -26.85% | |
63 Neutral | HK$17.20M | 3.32 | 12.10% | ― | -8.46% | -3.88% | |
59 Neutral | HK$87.10M | ― | -2.95% | ― | -47.50% | -335.68% | |
50 Neutral | HK$78.00M | ― | 5.82% | ― | -48.30% | -395.18% | |
47 Neutral | HK$22.18M | ― | -22.97% | ― | -42.53% | -232.12% | |
43 Neutral | HK$24.63M | ― | ― | 151.24% | 46.43% | ||
39 Underperform | HK$60.48M | ― | -617.73% | ― | -4.49% | 51.39% |
CROSSTEC Group Holdings Limited announced a further delay in the dispatch of its Circular related to loan capitalization and the issuance of convertible bonds. The delay is due to additional time required for preparing and finalizing the Circular’s contents, with the new expected dispatch date set on or before August 4, 2025. This delay may impact stakeholders awaiting the detailed information and recommendations regarding the Subscription Agreements and the proposed issuance of convertible bonds.
CROSSTEC Group Holdings Limited has established a Nomination Committee to enhance its corporate governance practices. This committee, primarily composed of independent non-executive directors, is tasked with reviewing the board’s structure and composition, assessing director independence, and making recommendations on board appointments and succession planning. The creation of this committee is expected to strengthen the company’s governance framework, ensuring a diverse and skilled board that aligns with its corporate strategy.
CROSSTEC Group Holdings Limited announced a delay in the dispatch of a circular related to loan capitalisation involving the issuance of convertible bonds. Originally expected by June 23, 2025, the circular’s release has been postponed to on or before July 14, 2025, to allow additional time for preparation and finalisation. This delay may impact stakeholders awaiting detailed information and recommendations from the Independent Board Committee and Financial Adviser regarding the terms of the subscription agreements.
CROSSTEC Group Holdings Limited, a company incorporated in the Cayman Islands, announced a loan capitalization involving the issuance of convertible bonds to its stakeholders. The company entered into agreements with HIL and MKI for the subscription of convertible bonds amounting to HK$57,100,000 and HK$38,400,000, respectively. These transactions aim to discharge part of the company’s payment obligations on existing loans, with the issuance of conversion shares subject to shareholder approval and stock exchange permissions. The agreements are not inter-conditional, and the company will hold an Extraordinary General Meeting (EGM) for shareholders to approve the transactions.
CROSSTEC Group Holdings Limited, a company incorporated in the Cayman Islands, has entered into a tenancy agreement with Shenzhen Jindi for leasing office premises in Shenzhen, China. This transaction, classified as a discloseable transaction under the Listing Rules, involves the recognition of a right-of-use asset on the company’s financial statements, indicating an asset acquisition. The lease is set for 38 months, with a total rent of RMB3,201,000, and includes several rent-free periods, highlighting a strategic move to expand or maintain operations in Shenzhen.