Reported Earnings • Jan 03
First half 2026 earnings released: HK$0.02 loss per share (vs HK$0.039 loss in 1H 2025) First half 2026 results: HK$0.02 loss per share (improved from HK$0.039 loss in 1H 2025). Revenue: HK$6.60m (down 25% from 1H 2025). Net loss: HK$2.57m (loss narrowed 50% from 1H 2025). Reported Earnings • Nov 29
First half 2026 earnings released: HK$0.02 loss per share (vs HK$0.039 loss in 1H 2025) First half 2026 results: HK$0.02 loss per share (improved from HK$0.039 loss in 1H 2025). Revenue: HK$6.08m (down 31% from 1H 2025). Net loss: HK$2.57m (loss narrowed 50% from 1H 2025). Annonce • Nov 11
hmvod Limited to Report First Half, 2026 Results on Nov 27, 2025 hmvod Limited announced that they will report first half, 2026 results on Nov 27, 2025 Annonce • Sep 05
hmvod Limited, Annual General Meeting, Sep 29, 2025 hmvod Limited, Annual General Meeting, Sep 29, 2025, at 11:30 China Standard Time. Location: room 8, 12/f, fook hong industrial building, no. 19 sheung yuet road, kowloon bay, kowloon, Hong Kong Board Change • Sep 04
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Executive Director Benedict Chong is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 01
Full year 2025 earnings released: HK$0.12 loss per share (vs HK$0.058 loss in FY 2024) Full year 2025 results: HK$0.12 loss per share (further deteriorated from HK$0.058 loss in FY 2024). Revenue: HK$17.6m (down 26% from FY 2024). Net loss: HK$14.9m (loss widened 120% from FY 2024). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. New Risk • Jul 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-HK$70m). Market cap is less than US$10m (HK$33.0m market cap, or US$4.21m). Minor Risk Revenue is less than US$5m (HK$18m revenue, or US$2.2m). Reported Earnings • Jul 02
Full year 2025 earnings released: HK$0.12 loss per share (vs HK$0.058 loss in FY 2024) Full year 2025 results: HK$0.12 loss per share (further deteriorated from HK$0.058 loss in FY 2024). Revenue: HK$17.6m (down 25% from FY 2024). Net loss: HK$14.9m (loss widened 120% from FY 2024). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. New Risk • Jun 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Negative equity (-HK$60m). Market cap is less than US$10m (HK$19.4m market cap, or US$2.47m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Revenue is less than US$5m (HK$23m revenue, or US$3.0m). Annonce • Jun 18
hmvod Limited to Report Fiscal Year 2025 Results on Jun 30, 2025 hmvod Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Jun 30, 2025 Annonce • Feb 17
hmvod Limited Announces to A Litigation Case The Hearing was conducted on 21 and 23 January 2025 and the High Court gave the civil judgment (High Court Action No.1347 of 2021) on 28 January 2025 by which it was decided that (i) the Subject Shares were held by Ms. Yu; (ii) hmvod Limited do procure the deposit of the Share Certificate into CCASS; (iii) the Company should repay the amount HKD 11,456,336 to Ms. Yu for the diminution of the value of the Subject Shares from 23 July 2021 to 22 January 2025. Also, the Company should repay the interest running from 23 January 2025 to 28 January 2025 at 1% over the prime rate for the abovementioned judgment sum, and thereafter at the judgment rate until full payment the ("Judgment"). Moreover, the Company should bear the cost of Ms. Yu in the proceedings on indemnity basis. The Company is considering lodging an appeal against the Judgment. The Board of Directors of the Company considers that: The difference between the amount applied for litigation and the provisions accounting treatment made by the Company in previous years for this case amounts to HKD 342,000 plus interest and the cost of proceedings. It is currently impossible to accurately determine the impact of this Judgment on the Company 's current profits. The Company needs to pay attention to whether the HKD 342,000 refers to difference in actual legal costs and previous estimation of legal costs, or difference in actual Judgment sum and previous estimation of Judgment sum in order to consult with the auditor. The specific and accurate accounting results shall be subject to the audited annual performance announcement released by the Company for the year ended 31 March 2025. Annonce • Dec 03
Hmvod Limited Announces Re-Designation of Director, Appointment of Independent Non-Executive Directors and Change in Composition of Board Committees The board of directors of hmvod Limited announced the following redesignation of a director of the Company with effect from 2 December 2024. Mr. Ko Chi Kiu Robert has been re-designated from a non-executive director to an executive director of the Company with effect from 2 December 2024. Mr. Ko, aged 47, was appointed as the independent non-executive director of the Company on 4 September 2023. Mr. Ko has extensive experience in media, communication and journalism. Mr. Ko holds a Bachelor degree of Journalism and Communication from Chu Hai University. Mr. Ko had more than 22 years of experience in the editorial industry and journalism. He is currently a chief executive officer and founder of a public relation company. Mr. Ko will enter into a new service contract with the Company as an executive director for an initial term of three years renewable automatically for successive term of three years commencing from the next day after the expiry of the current term of his appointment, unless terminated either by Mr. Ko or the Company by serving one month' notice in writing. Mr. Ko is subject to rotation and re-election pursuant to the Articles of Association of the Company. Mr. Ko shall be entitled to receive a director's fee of HKD 120,000 per annum which is subject to review, and a discretionary bonus which is based on the performance of the Company and of Mr. Ko, determined by the Board or its delegated committee with reference to his duties and responsibilities as well as the prevailing market conditions. Mr. Chow Ho Yuen has been appointed as an independent non-executive director, as well as a member of audit committee of the Company with effect from 2 December 2024. Mr. Chow, aged 38, obtained a Bachelor of Business Administration degree in Accountancy from The Hong Kong Polytechnic University in October 2008. He is a Fellow of the Hong Kong Institute of Certified Public Accountants. Mr. Chow has over 16 years of experience in auditing, accounting, company secretarial and taxation fields. He worked in the audit and assurance division in Ernst and Young from January 2011 to January 2017 with his last position as audit manager. He is also the founder of John Chow Certified Public Accountant (Practising). Upon Mr. Ko's re-designation, he resigned to be the chairman of the nomination committee, remuneration committee, and the member of the audit committee. The Board further announces that with effect from 2 December 2024, Mr. Ip Chi Ching will be appointed as the chairman of the remuneration committee and nomination committee of the Board to take the place of Mr. Ko. Instead, Mr. Ko will stay in the remuneration committee and nomination committee of the Board as a member. Mr. Chow will be appointed as the member of audit committee. After the aforesaid changes, the composition of the audit committee, remuneration committee and nomination committee will be as follows: Nomination Committee: Mr. Ip Chi Ching (Chairman); Mr. Ko Chi Kiu Robert; Mr. Leung Tze Wai. Remuneration Committee: Mr. Ip Chi Ching (Chairman); Mr. Ko Chi Kiu Robert; Mr. Leung Tze Wai. Audit Committee: Mr. Leung Tze Wai (Chairman); Mr. Ip Chi Ching; Mr. Chow Ho Yuen. Reported Earnings • Dec 01
First half 2025 earnings released: HK$0.039 loss per share (vs HK$0.055 loss in 1H 2024) First half 2025 results: HK$0.039 loss per share (improved from HK$0.055 loss in 1H 2024). Revenue: HK$8.85m (down 13% from 1H 2024). Net loss: HK$5.11m (loss narrowed 13% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. New Risk • Nov 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Negative equity (-HK$60m). Market cap is less than US$10m (HK$51.8m market cap, or US$6.65m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (HK$22m revenue, or US$2.9m). Annonce • Nov 20
hmvod Limited to Report First Half, 2025 Results on Nov 28, 2024 hmvod Limited announced that they will report first half, 2025 results on Nov 28, 2024 Annonce • Sep 02
hmvod Limited, Annual General Meeting, Sep 27, 2024 hmvod Limited, Annual General Meeting, Sep 27, 2024, at 11:30 China Standard Time. Location: room 2301b, 23rd floor, china insurance group building, 141 des voeux road central, central, Hong Kong Annonce • Aug 28
hmvod Limited Announces Changes in Board and Committees The board (the "Board") of directors (the "Directors") of hmvod Limited (the "Company", together with its subsidiaries, the "Group") announces that Dr. TSANG Hing Bun ("Dr. TSANG") has resigned as an independent non-executive director of the Company (the "INED"), Chairman of Audit Committee, a member of Nomination Committee, and a member of Remuneration Committee effective from 27 August 2024 in order to devote more time to his other work arrangements. The Board also announces that Mr. Leung Tze Wai (" Mr. LEUNG "), an independent non- executive director and a member of Audit Committee, has been appointed as the chairman of Audit Committee with effect from 27 August 2024. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-HK$55m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$24m revenue, or US$3.0m). Market cap is less than US$100m (HK$91.9m market cap, or US$11.8m). New Risk • Jul 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.7m (US$9.95m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$55m). Market cap is less than US$10m (HK$77.7m market cap, or US$9.95m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$24m revenue, or US$3.0m). Reported Earnings • Jun 30
Full year 2024 earnings released: HK$0.058 loss per share (vs HK$0.11 loss in FY 2023) Full year 2024 results: HK$0.058 loss per share (improved from HK$0.11 loss in FY 2023). Revenue: HK$30.7m (up 28% from FY 2023). Net loss: HK$6.76m (loss narrowed 45% from FY 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annonce • Jun 15
hmvod Limited to Report Fiscal Year 2024 Results on Jun 28, 2024 hmvod Limited announced that they will report fiscal year 2024 results on Jun 28, 2024 New Risk • Jun 12
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$2.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$11m free cash flow). Negative equity (-HK$78m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (HK$2.2m sold). Revenue is less than US$5m (HK$20m revenue, or US$2.5m). Market cap is less than US$100m (HK$117.8m market cap, or US$15.1m). New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$11m free cash flow). Negative equity (-HK$78m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m). Market cap is less than US$100m (HK$123.0m market cap, or US$15.8m). Annonce • Nov 21
hmvod Limited Announces Company Secretary Changes The board of directors of hmvod Limited announced that Mr. Chow Lok Pan tendered his resignation as the company secretary of the Company and the authorised representative of the Company. Following the resignation of Mr. Chow, the Board also announced that Mr. Lei Nelson has been appointed as the Company Secretary and Authorised Representative with effect from 20 November 2023. Mr. Lei, aged 35, is a Certified Public Accountant of American Institute of Certified Public Accountants. He is also a graduateship member of The Hong Kong Chartered Governance Institute. Mr. Lei holds a bachelor degree of Arts in Applied Mathematics and Statistics from University of California, Berkeley. He also has a Master degree of Science in Professional Accounting and Corporate Governance from The City University of Hong Kong. Mr. Lei has over 10 years of working experience in accounting, risk management and asset management. Mr. Lei is currently the executive director of Sau San Tong Holdings Limited. New Risk • Nov 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$11m free cash flow). Negative equity (-HK$78m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m). Market cap is less than US$100m (HK$161.8m market cap, or US$20.8m). Annonce • Oct 28
hmvod Limited to Report First Half, 2024 Results on Nov 10, 2023 hmvod Limited announced that they will report first half, 2024 results on Nov 10, 2023 New Risk • Oct 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Negative equity (-HK$72m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$21m revenue, or US$2.7m). Market cap is less than US$100m (HK$194.2m market cap, or US$24.8m). Annonce • Sep 05
hmvod Limited Appoints Ko Chi Kiu Robert as Independent Non-Executive Director The Board of hmvod Limited announced that Mr. Ko Chi Kiu Robert ("Mr. Ko") has been appointed as an independent non-executive director of the Company, effect from 4 September 2023. The biographical information of Mr. Ko is set out below: Mr. Ko, aged 46, has extensive experience on media, communication and journalism aspect. Mr. Ko holds a Bachelor degree of Journalism and Communication from Chu Hai University. Mr. Ko had more than 22 years of experience in editorial industry and journalism. He is currently a chief executive officer and founder of a public relation company. Pursuant to the appointment of Mr. Ko, his initial term of service shall be three years commencing from 4 September 2023 and is subject to rotation and re-election pursuant to the Articles of Association of the Company. Mr. Ko shall be entitled to receive a director's fee of HKD 120,000 per annum which is determined by the Board with reference to the duties and responsibilities undertaken by him as a director of the Company. As at the date of this announcement, Mr. Ko did not hold any directorship in any listed public companies in the past three years or any position in the Company or any of its subsidiaries and does not have relationship with any Director, senior management or substantial or controlling shareholders of the Company nor any interests or short positions in any shares, underlying shares or debentures of the Company or any of its associated corporations which is required to be disclosed under Part XV of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong. The Board is also not aware of any other information in relation to Mr. Ko that is required to be disclosed pursuant to rule 17.50 (2)(h) to (v) of the GEM Listing Rules or any other matter that needs to be brought to the attention of shareholders of the Company in relation to Mr. Ko's appointment. The Board would like to take this opportunity to express its warm welcome to Mr. Ko for joining the Board. Annonce • Aug 24
hmvod Limited, Annual General Meeting, Sep 26, 2023 hmvod Limited, Annual General Meeting, Sep 26, 2023, at 17:00 China Standard Time. Location: Room 2301B, 23rd Floor, China Insurance Group Building, 141 Des Voeux Road Central Central Hong Kong Agenda: To receive and consider the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company and the auditor of the Company for the year ended 31 March 2023; to re-elect Mr. Chong Tung Yan Benedict as an executive Director; to re-elect Mr. Tsang Hing Bun as an independent non-executive Director; to re-elect Mr. Hung Cho Sing, B.B.S. as an independent non-executive Director; to re-appoint Baker Tilly Hong Kong Limited as auditor of the Company and authorise the Board to fix its remuneration; and to discuss other matters. Annonce • Aug 23
hmvod Limited announced that it has received HKD 12 million in funding On August 22, 2023, hmvod Limited closed the transaction. Reported Earnings • Aug 16
First quarter 2024 earnings released First quarter 2024 results: Revenue: HK$4.90m (down 31% from 1Q 2023). Net loss: HK$2.65m (loss narrowed 38% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annonce • Aug 10
hmvod Limited announced that it expects to receive HKD 12 million in funding hmvod Limited announced a private placement to issue convertible bonds for the gross proceeds of HKD 12,000,000 on August 9. 2023. The bonds have a fixed conversion price of HKD 0.60 per conversion share. New Risk • Aug 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-HK$72m). Minor Risks Revenue is less than US$5m (HK$24m revenue, or US$3.1m). Market cap is less than US$100m (HK$87.4m market cap, or US$11.2m). Annonce • Jul 29
hmvod Limited to Report Q1, 2024 Results on Aug 14, 2023 hmvod Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • Jun 30
Full year 2023 earnings released Full year 2023 results: Revenue: HK$26.4m (down 27% from FY 2022). Net loss: HK$12.2m (loss narrowed 57% from FY 2022). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annonce • Jun 09
hmvod Limited to Report Fiscal Year 2023 Results on Jun 27, 2023 hmvod Limited announced that they will report fiscal year 2023 results on Jun 27, 2023 Board Change • May 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Chief Executive, Compliance Officer & Executive Director Chi Na Ho is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 03
Third quarter 2023 earnings released: HK$0.002 loss per share (vs HK$0.035 loss in 3Q 2022) Third quarter 2023 results: HK$0.002 loss per share (improved from HK$0.035 loss in 3Q 2022). Revenue: HK$8.92m (up 5.9% from 3Q 2022). Net loss: HK$246.0k (loss narrowed 93% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Mar 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chief Executive, Compliance Officer & Executive Director Chi Na Ho is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annonce • Feb 11
hmvod Limited to Report Q3, 2023 Results on Feb 28, 2023 hmvod Limited announced that they will report Q3, 2023 results on Feb 28, 2023 Annonce • Nov 15
hmvod Limited Appoints Chan Chi Ching as an Independent Non-Executive Director hmvod Limited announce that Mr. Chan Chi Ching has been appointed as an independent non-executive director of the Company, effect from 14 November 2022. Mr. Chan, aged 43, has extensive experience and network in media and public relations industries. He had more than 10 years of experience in editorial and management in a major media company in Hong Kong. He is currently a director of a financial public relation firm. He has been an executive director of Huisheng International Holdings Limited, a company listed on the Main Board of the Stock Exchange from June 2016 to June 2022. Pursuant to the appointment of Mr. Chan, his initial term of service shall be three years commencing from 14 November 2022 and is subject to rotation and re-election pursuant to the Articles of Association of the Company. Mr. Chan shall be entitled to receive a director's fee of HKD 120,000 per annum which is determined by the Board with reference to the duties and responsibilities undertaken by him as a director of the Company. Annonce • Oct 12
hmvod Limited to Report Q1, 2023 Results on Oct 28, 2022 hmvod Limited announced that they will report Q1, 2023 results on Oct 28, 2022 Annonce • Aug 17
hmvod Limited Announces Board and Committee Changes The board of directors of hmvod Limited announced that Mr. Hau Chi Kit ("Mr. Hau") has tendered his resignation as the independent non-executive Director of the Company with effect from 12 August 2022 due to his desire to devote more of his time to other business and personal affairs. The Board announced that, following the resignation of Mr. Hau as an independent non-executive Director, Mr. Hau ceased to be the chairman of the nomination committee; and Mr. Chong Tung Yan Benedict has been appointed as the chairman of the nomination committee. Annonce • Aug 10
hmvod Limited Announces Resignation of Park Chung Min as Executive Director The board of directors of hmvod Limited announced that Mr. Park Chung Min ("Mr. Park") has tendered his resignation as the executive Director of the Company with effect from 8 August 2022 due to his desire to devote more of his time to other business and personal affairs. Annonce • Jul 21
hmvod Limited Announces Appointment of Independent Non-Executive Directors The Board of hmvod Limited announced that Mr. Chong Tung Yan Benedict and Mr. Tsang Hing Bun have been appointed as independent non-executive directors of the Company, both effect from 20 July 2022. Mr. Chong, aged 39, graduated with honors in the each of programme of Recording Arts Management and Producing and Engineering from Harris Institute in Canada. He has more than 20 years of experience in music production and media management. He has founded Unleash Entertainment in 2012. His passion and enthusiasm has led him to be involved in music production, live events and television and films scoring with various entertainment companies. He is currently running his own music production company for production and publishing of music for records, television and films. Pursuant to the appointment of Mr. Chong, his initial term of service shall be three years commencing from 20 July 2022 and is subject to rotation and re-election pursuant to the Articles of Association of the Company. Mr. Chong shall be entitled to receive a director's fee of HK$120,000 per annum which is determined by the Board with reference to the duties and responsibilities undertaken by him as a director of the Company. Mr. Tsang, aged 42, holds a Bachelor Degree of Social Science from the Chinese University of Hong Kong and a Master of Science Degree in Finance from City University of Hong Kong. He has more than 20 years of experience in audit, accounting, corporate finance and compliance. Mr. Tsang is a member of The Hong Kong Institute of Certified Public Accountants, an associate member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute. He is also a financial risk manager granted by Global Association of Risk Professionals. He has been an executive director of Kingkey Intelligence Culture Holdings Limited, a company listed on the Main Board of the Stock Exchange since September 2015, a non-executive director of Sino Oil and Gas Holdings Limited, a company listed on the Main Board of the Stock Exchange since August 2020, an executive director of Jimu Group Limited, a company listed on the GEM of the Stock Exchange since April 2022 and an executive director of Carry Wealth Holdings Limited, a company listed on the Main Board of the Stock Exchange since July 2022. Pursuant to the appointment of Mr. Tsang, his initial term of service shall be three years commencing from 20 July 2022 and is subject to rotation and re-election pursuant to the Articles of Association of the Company. Mr. Tsang shall be entitled to receive a director's fee of HKD 120,000 per annum which is determined by the Board with reference to the duties and responsibilities undertaken by him as a director of the Company. Annonce • Jun 03
hmvod Limited to Report Fiscal Year 2022 Results on Jun 30, 2022 hmvod Limited announced that they will report fiscal year 2022 results on Jun 30, 2022 Annonce • May 13
Hmvod Limited Announces Lau Chung Yin Resigns as Non-Executive Director The Board of hmvod Limited announced that Mr. Lau Chung Yin has tendered his resignation as non-executive Director with effect from 11 May 2022 due to his desire to devote more time to his business and personal affairs. Mr. Lau confirmed that he has no disagreement with the Board and there is no matter relating to hisresignation that need be brought to the attention of the shareholders of the Company. Annonce • May 12
Hmvod Limited Announces Executive Changes The board of directors of hmvod Limited (the Company, together with its subsidiaries, the Group) announced that Mr. Wong King Hung (Mr. Wong) has tendered his resignation as the company secretary of the Company (Company Secretary) and the authorised representative of the Company (Authorised Representative) under Rule 5.24 of the Rules Governing the Listing of Securities on GEM (the GEM Listing Rules) of The Stock Exchange of Hong Kong Limited (the Stock Exchange) with effect from 11 May 2022 due to his desire to devote more time to his career development and personal affairs. Mr. Wong confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that need to be brought to the attention of the shareholders of the Company or the Stock Exchange. Following the resignation of Mr. Wong, the Board announced that Mr. Chung Kiu Pan (Mr. Chung) has been appointed as the Company Secretary and Authorised Representative with effect from 11 May 2022. Mr. Chung, aged 37, graduated with a bachelor of business administration majoring in professional accountancy in the Chinese University of Hong Kong. He is currently a member of the Hong Kong Institute of Certified Public Accountants, and a certified public accountant (practising) of Hong Kong Institute of Certified Public Accountants. Mr. Chung is currently chief financial officer and company secretary of Chi Ho Development Holdings Limited. He has extensive financial, accounting and company secretary experiences. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Aaron Hau was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 21
Insider recently sold HK$3.0m worth of stock On the 14th of April, Siu Fai Cheung sold around 3m shares on-market at roughly HK$1.10 per share. In the last 3 months, they made an even bigger sale worth HK$9.6m. Insiders have been net sellers, collectively disposing of HK$11m more than they bought in the last 12 months. Board Change • Mar 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Aaron Hau was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 12
Insider recently sold HK$9.6m worth of stock On the 9th of March, Siu Fai Cheung sold around 8m shares on-market at roughly HK$1.17 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought HK$9.2m more than they sold in the last 12 months. Annonce • Feb 25
hmvod Limited Announces Resignation of Tang as Independent Non-Executive Director, Member of Audit Committee, Remuneration Committee and Nomination Committee hmvod Limited announced that Mr. Tang has tendered his resignation as an independent non-executive Director, the member of Audit Committee, Remuneration Committee and Nomination Committee of the Company with effect from 24 February 2022 due to his desire to devote more time to his business and personal affairs. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: HK$0.035 loss per share (down from HK$0.14 profit in 3Q 2021). Revenue: HK$8.42m (down 7.4% from 3Q 2021). Net loss: HK$3.47m (down 129% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Annonce • Feb 09
Hmvod Limited Provides Earnings Guidance for the Nine Months Ended 31 December 2021 The board (the "Board") of directors (the "Directors") of the hmvod Limited informed the shareholders of the Company (the "Shareholders") and potential investors that, based on an initial assessment of the unaudited consolidated management accounts of the Group for the nine months ended 31 December 2021, it is expected that the Group will record a loss of approximately HKD 9.3 million for the nine months ended 31 December 2021 as compared to the corresponding period in 2020 of a profit of approximately HKD 1.4 million mainly due to a one-off gain on waive of trade and other payables, written back of provision for trade and other receivables and one off gain on disposal of subsidiaries of approximately of HKD 6.7 million, HKD 3.8 million and HKD 2.4 million respectively for the nine months ended 31 December 2020. If these one-off factors are removed, the financial performance of the Company for the nine months ended 31 December 2021 is better than the corresponding period in 2020 which includes but not limited to: the revenue for the nine months ended 31 December 2021 amounted to approximately HKD 27.5 million representing an increase of approximately 10.0% over the corresponding period in 2020 amounting to approximately HKD 25 million; Finance cost decreased to approximately HKD 3.5 million as compared to approximately HKD 4.8 million of the corresponding period in 2020, representing a decrease of approximately 27.1% as compared to that of the corresponding period in 2020. Reported Earnings • Nov 12
Second quarter 2022 earnings released: HK$0.034 loss per share (vs HK$0.46 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: HK$10.2m (up 26% from 2Q 2021). Net loss: HK$3.16m (loss narrowed 53% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Annonce • Sep 04
hmvod Limited has completed a Follow-on Equity Offering in the amount of HKD 33.996 million. hmvod Limited has completed a Follow-on Equity Offering in the amount of HKD 33.996 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,998,000
Price\Range: HKD 2
Discount Per Security: HKD 0.07
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 18
First quarter 2022 earnings released: HK$0.029 loss per share (vs HK$0.26 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: HK$8.93m (up 15% from 1Q 2021). Net loss: HK$2.67m (loss narrowed 28% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Executive Departure • Aug 04
Independent Non-Executive Director Tsz On Ma has left the company On the 23rd of July, Tsz On Ma's tenure as Independent Non-Executive Director ended after 3.0 years in the role. We don't have any record of a personal shareholding under Tsz On's name. A total of 6 executives have left over the last 12 months. Reported Earnings • Jul 05
Full year 2021 earnings released: HK$0.17 loss per share (vs HK$2.75 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: HK$32.8m (down 9.6% from FY 2020). Net loss: HK$8.60m (loss narrowed 78% from FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 18
Insider recently bought HK$3.7m worth of stock On the 10th of May, Lisa Leung bought around 2m shares on-market at roughly HK$2.44 per share. In the last 3 months, they made an even bigger purchase worth HK$4.8m. Insiders have collectively bought HK$4.6m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 13
Insider recently bought HK$4.4m worth of stock On the 8th of April, Lisa Leung bought around 2m shares on-market at roughly HK$2.44 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$17m more in shares than they bought in the last 12 months. Annonce • Mar 12
hmvod Limited Appoints Lau Chung Yin as Non-Executive Director hmvod Limited announced that Mr. Lau Chung Yin ("Mr. Lau") has been appointed as a non-executive Director of the company with effect from 11 March 2021. Mr. Lau, aged 31, was a project manager of Evershine Group Holdings Limited between November 2018 and January 2021. Mr. Lau was also a project manager of Union Asia Enterprise Holdings Limited between September 2015 and November 2018. Annonce • Feb 18
hmvod Limited Announces Director Changes The board of directors of hmvod Limited announced the following changes of Directors with effect from 17 February 2021: Ms. Yang Eugenia (Ms. Yang) has tendered her resignation as an independent non-executive Director of the Company; and Ho Chun Hang ("Mr. Ho") has been appointed as an independent non-executive Director of the Company. Mr. Ho, aged 25, is currently the vice president of Gransing Securities Co. Ltd. in Hong Kong. The Board announced that, following the resignation of Ms. Yang as an independent non-executive Director, Ms. Yang ceased to be the chairlady of the audit committee, the nomination committee and the remuneration committee; Mr. Hau Chi Kit has been appointed as the chairman of the nomination committee and the remuneration committee; and Mr. Ho Chun Hang has been appointed as the chairman of the audit committee. Executive Departure • Feb 18
Independent Non-Executive Director has left the company On the 17th of February, Eugenia Yang's tenure as Independent Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Eugenia's name. A total of 6 executives have left over the last 12 months. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS HK$0.31 (vs HK$0.26 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: HK$22.1m (up 161% from 3Q 2020). Net income: HK$11.8m (up HK$15.6m from 3Q 2020). Profit margin: 54% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Executive Departure • Feb 08
Executive Director has left the company On the 2nd of February, Pui Ying Sin's tenure as Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Pui Ying's name. A total of 5 executives have left over the last 12 months. Annonce • Feb 03
hmvod Limited Announces Resignation of Sin Pui Ying as an Executive Director The board of directors of hmvod Limited announced Ms. Sin Pui Ying ("Ms. Sin") has tendered her resignation as an executive director of the Company with effect from 2 February 2021. Is New 90 Day High Low • Feb 02
New 90-day high: HK$3.67 The company is up 56% from its price of HK$2.36 on 04 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 23% over the same period. Recent Insider Transactions • Feb 02
Insider recently sold HK$31m worth of stock On the 26th of January, Wang Chi Lau sold around 11m shares on-market at roughly HK$2.83 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$22m more than they bought in the last 12 months. Annonce • Jan 26
hmvod Limited to Report Q3, 2021 Results on Feb 09, 2021 hmvod Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Annonce • Jan 12
Hmvod Limited Announces Update on the Winding Up Petition Against the Company hmvod Limited announced update on the winding up petition against the company. Reference is made to the announcements of the Company dated 22 July 2020, 14 August 2020, 22 October 2020 and 9 December 2020 in relation to the Petition (the 'Announcements') and the circular dated 23 December 2020 in relation to the proposed allotment of New Shares (the "Circular"). Unless otherwise defined in this announcement, capitalized terms used herein shall have the same meanings as defined in the Announcements. The company announced that upon the consent application filed by the Company and the Petitioner, the Court has dismissed the Petition on 11 January 2021. The Company shall continue to fulfill its obligations towards the Petitioner under the Settlement Agreement in relation to the proposed allotment of the New Shares in settlement of the remaining 40% principal amount of the Bond and accrued interest. Shareholders may refer to the Circular for more details. The Company will make further announcement(s) as and when appropriate and in accordance with the GEM Listing Rules and other applicable regulatory requirements. Shareholders and potential investors should accordingly exercise caution when dealing in the shares of the Company. Annonce • Jan 01
hmvod Limited Announces Executive Changes The board of directors of hmvod Limited announced the following changes of Director with effect from 31 December 2020. Mr. Lau Kelly (Mr. Lau) has tendered his resignation as Executive Director, Chief Executive Officer, Compliance Officer and Authorised Representative of the Company; and Ms. Ho Chi Na (Ms. Ho), an Executive Director of the Company, has been appointed as the Compliance Officer and Authorized Representative of the Company. The Board announced that Mr. Lau Kelly has tendered his resignation as Executive Director, Chief Executive Officer, Compliance Officer and Authorised Representative of the Company with effect from 31 December 2020 in order to devote more time to his respective personal businesses. Following the resignation of Mr. Lau, the Board further announces that Ms. Ho, the Executive Director, has been appointed as the Authorized Representative and the Compliance Officer with effect from 31 December 2020. Is New 90 Day High Low • Dec 04
New 90-day high: HK$2.78 The company is up 286% from its price of HK$0.72 on 04 September 2020. The Hong Kong market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is down 9.0% over the same period. Annonce • Dec 02
hmvod Limited Announces Board Changes hmvod Limited announced the following changes of Directors with effect from 1 December 2020: Mr. Ho Alvin Tzuen Chung ("Mr. Ho") has tendered his resignation as an executive Director; and Mr. Tang Chun Hei ("Mr. Tang") has been appointed as an independent non-executive Director and a member of the audit committee, the nomination committee and the remuneration committee Mr. Tang, aged 32, is currently the vice president of Titan Financial Services Limited, a corporation licensed to carry out Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO"). Mr. Tang, aged 32, is currently the vice president of Titan Financial Services Limited, a corporation licensed to carry out Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO"). Reported Earnings • Nov 15
Second quarter 2021 earnings released: HK$0.46 loss per share The company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: HK$8.27m (down 19% from 2Q 2020). Net loss: HK$6.78m (loss widened 20% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Nov 06
Insider recently bought HK$1.9m worth of stock On the 3rd of November, Wang Chi Lau bought around 2m shares on-market at roughly HK$0.93 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$41m more in shares than they bought in the last 12 months. Annonce • Nov 03
hmvod Limited to Report First Half, 2021 Results on Nov 13, 2020 hmvod Limited announced that they will report first half, 2021 results on Nov 13, 2020 Is New 90 Day High Low • Oct 30
New 90-day high: HK$1.25 The company is up 79% from its price of HK$0.70 on 31 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is down 5.0% over the same period. Recent Insider Transactions • Oct 21
Insider recently bought HK$1.8m worth of stock On the 15th of October, Wang Chi Lau bought around 2m shares on-market at roughly HK$0.90 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$45m more in shares than they bought in the last 12 months. Annonce • Oct 11
hmvod Limited Announces Executive Changes hmvod Limited announced the following changes of Directors with effect from 9 October 2020: Mr. Ho Siu King, Stanley ("Mr. Ho") has tendered his resignation as an independent non-executive Director. Subsequent to his resignation, Mr. Ho ceased to be the chairman of the audit committee, the nomination committee and the remuneration committee; and Ms. Yang Eugenia ("Ms. Yang") has been appointed as an independent non-executive Director and the chairlady of the audit committee, the nomination committee and the remuneration committee. Annonce • Sep 30
hmvod Limited has completed a Follow-on Equity Offering in the amount of HKD 60.45917 million. hmvod Limited has completed a Follow-on Equity Offering in the amount of HKD 60.45917 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 71,128,435
Price\Range: HKD 0.85
Discount Per Security: HKD 0.0255
Transaction Features: Rights Offering Is New 90 Day High Low • Sep 30
New 90-day high: HK$0.87 The company is up 32% from its price of HK$0.66 on 02 July 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 9.0% over the same period. Annonce • Aug 01
hmvod Limited to Report Q1, 2021 Results on Aug 12, 2020 hmvod Limited announced that they will report Q1, 2021 results on Aug 12, 2020 Annonce • Jun 18
hmvod Limited to Report Fiscal Year 2020 Results on Jun 30, 2020 hmvod Limited announced that they will report fiscal year 2020 results on Jun 30, 2020