New Risk • Mar 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Share price has been highly volatile over the past 3 months (22% average weekly change). Market cap is less than US$10m (HK$21.7m market cap, or US$2.77m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Mar 13
Finsoft Financial Investment Holdings Limited to Report Fiscal Year 2025 Results on Mar 25, 2026 Finsoft Financial Investment Holdings Limited announced that they will report fiscal year 2025 results on Mar 25, 2026 New Risk • Jan 30
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 16% 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 (16% average weekly change). Market cap is less than US$10m (HK$24.7m market cap, or US$3.16m). Board Change • Oct 28
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Clement Hung was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Aug 27
First half 2025 earnings released: HK$0.015 loss per share (vs HK$0.02 loss in 1H 2024) First half 2025 results: HK$0.015 loss per share (improved from HK$0.02 loss in 1H 2024). Revenue: HK$22.5m (flat on 1H 2024). Net loss: HK$7.72m (loss narrowed 22% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Finsoft Financial Investment Holdings Limited to Report First Half, 2025 Results on Aug 25, 2025 Finsoft Financial Investment Holdings Limited announced that they will report first half, 2025 results on Aug 25, 2025 Announcement • May 08
Finsoft Financial Investment Holdings Limited, Annual General Meeting, Jun 06, 2025 Finsoft Financial Investment Holdings Limited, Annual General Meeting, Jun 06, 2025, at 11:00 China Standard Time. Location: unit 708, 7th floor, capital centre, 151 gloucester road., wanchai Hong Kong New Risk • Mar 28
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 15% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$20m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (HK$23.2m market cap, or US$2.98m). Reported Earnings • Mar 26
Full year 2024 earnings released: HK$0.025 loss per share (vs HK$0.17 loss in FY 2023) Full year 2024 results: HK$0.025 loss per share (improved from HK$0.17 loss in FY 2023). Revenue: HK$49.1m (down 6.3% from FY 2023). Net loss: HK$12.3m (loss narrowed 56% from FY 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. New Risk • Mar 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Risk Market cap is less than US$10m (HK$23.2m market cap, or US$2.98m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Mar 12
Finsoft Financial Investment Holdings Limited to Report Fiscal Year 2024 Results on Mar 24, 2025 Finsoft Financial Investment Holdings Limited announced that they will report fiscal year 2024 results on Mar 24, 2025 New Risk • Jan 16
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 9.8% 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 Risks Shareholders have been substantially diluted in the past year (300% increase in shares outstanding). Market cap is less than US$10m (HK$34.8m market cap, or US$4.47m). Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Reported Earnings • Aug 28
First half 2024 earnings released: HK$0.063 loss per share (vs HK$0.084 loss in 1H 2023) First half 2024 results: HK$0.063 loss per share (improved from HK$0.084 loss in 1H 2023). Revenue: HK$22.4m (down 24% from 1H 2023). Net loss: HK$9.89m (loss narrowed 6.8% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Finsoft Financial Investment Holdings Limited to Report First Half, 2024 Results on Aug 27, 2024 Finsoft Financial Investment Holdings Limited announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • Jul 30
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 9.8% 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 Risks Earnings have declined by 4.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (300% increase in shares outstanding). Market cap is less than US$10m (HK$34.8m market cap, or US$4.45m). Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Announcement • May 23
Finsoft Financial Investment Holdings Limited, Annual General Meeting, Jun 14, 2024 Finsoft Financial Investment Holdings Limited, Annual General Meeting, Jun 14, 2024, at 11:00 China Standard Time. Location: unit 708, 7th, floor, capital centre, 151 gloucester road, wanchai Hong Kong New Risk • Mar 23
New major risk - Revenue and earnings growth Earnings have declined by 4.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 4.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (300% increase in shares outstanding). Market cap is less than US$10m (HK$40.8m market cap, or US$5.22m). Reported Earnings • Mar 23
Full year 2023 earnings released: HK$0.17 loss per share (vs HK$0.21 loss in FY 2022) Full year 2023 results: HK$0.17 loss per share. Revenue: HK$52.3m (down 14% from FY 2022). Net loss: HK$28.2m (loss widened 3.8% from FY 2022). Announcement • Mar 13
Finsoft Financial Investment Holdings Limited to Report Fiscal Year 2023 Results on Mar 22, 2024 Finsoft Financial Investment Holdings Limited announced that they will report fiscal year 2023 results on Mar 22, 2024 New Risk • Mar 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 300% This is considered a major 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). Shareholders have been substantially diluted in the past year (300% increase in shares outstanding). Market cap is less than US$10m (HK$66.6m market cap, or US$8.50m). New Risk • Jan 17
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 15% 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 (15% average weekly change). Market cap is less than US$10m (HK$14.1m market cap, or US$1.80m). Announcement • Dec 29
Finsoft Financial Investment Holdings Limited Announces Director Changes Finsoft Financial Investment Holdings Limited announced with effect from 1 January 2024; Mr. Chan Wai Lung has tendered resignation as an executive Director and the Vice Chairman; Ms. Lam Ching Yee has tendered resignation as an executive Director, an Authorised Representative, the Compliance Officer and the chairman of the Compliance Committee; and Ms. Liu Mung Ting, an executive Director and the Chief Executive Officer, will be appointed as an Authorised Representative, the Compliance Officer and the chairman of the Compliance Committee. Announcement • Dec 09
Finsoft Financial Investment Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 27.984928 million. Finsoft Financial Investment Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 27.984928 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 378,174,702
Price\Range: HKD 0.074
Transaction Features: Rights Offering New Risk • Nov 25
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 10.0% 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 Market cap is less than US$10m (HK$12.7m market cap, or US$1.63m). Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change). Reported Earnings • Nov 15
Third quarter 2023 earnings released: HK$0.047 loss per share (vs HK$0.074 loss in 3Q 2022) Third quarter 2023 results: HK$0.047 loss per share (improved from HK$0.074 loss in 3Q 2022). Revenue: HK$11.2m (down 19% from 3Q 2022). Net loss: HK$5.95m (loss narrowed 36% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Announcement • Nov 01
Finsoft Financial Investment Holdings Limited to Report Nine Months, 2023 Results on Nov 10, 2023 Finsoft Financial Investment Holdings Limited announced that they will report nine months, 2023 results on Nov 10, 2023 Reported Earnings • Aug 13
Second quarter 2023 earnings released: HK$0.07 loss per share (vs HK$0.03 loss in 2Q 2022) Second quarter 2023 results: HK$0.07 loss per share (further deteriorated from HK$0.03 loss in 2Q 2022). Revenue: HK$13.3m (down 7.6% from 2Q 2022). Net loss: HK$8.83m (loss widened 134% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Jul 26
Finsoft Financial Investment Holdings Limited to Report First Half, 2023 Results on Aug 11, 2023 Finsoft Financial Investment Holdings Limited announced that they will report first half, 2023 results on Aug 11, 2023 Announcement • May 23
Finsoft Financial Investment Holdings Limited, Annual General Meeting, Jun 23, 2023 Finsoft Financial Investment Holdings Limited, Annual General Meeting, Jun 23, 2023, at 11:00 China Standard Time. Location: Unit 708, 7th Floor Capital Centre, 151 Gloucester Road Wanchai, Hong Kong Hong Kong China Agenda: To consider and approve the audited consolidated financial statements of the Company and its subsidiaries together with the reports of the directors and the auditor of the Company for the year ended 31 December 2022; to consider and approve the re-appointment of RSM Hong Kong as the auditor of the Company and to authorize the Board to fix their remuneration; and to consider other matters. Reported Earnings • May 15
First quarter 2023 earnings released: HK$0.014 loss per share (vs HK$0.032 loss in 1Q 2022) First quarter 2023 results: HK$0.014 loss per share (improved from HK$0.032 loss in 1Q 2022). Revenue: HK$15.9m (up 7.9% from 1Q 2022). Net loss: HK$1.79m (loss narrowed 55% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Announcement • May 06
Finsoft Financial Investment Holdings Limited Provides Group Earnings Guidance for the Three Months Ended 31 March 2023 Finsoft Financial Investment Holdings Limited provided group earnings guidance for the three months ended 31 March 2023. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the information currently available to the Board, the Group expects to record a decrease in net loss of not less than 50% for the three months ended 31 March 2023, as compared to a net loss of approximately HKD 4.2 million recorded for the three months ended 31 March 2022. Reported Earnings • Mar 26
Full year 2022 earnings released: HK$0.21 loss per share (vs HK$0.20 loss in FY 2021) Full year 2022 results: HK$0.21 loss per share (further deteriorated from HK$0.20 loss in FY 2021). Revenue: HK$60.8m (down 8.7% from FY 2021). Net loss: HK$27.2m (loss widened 8.8% from FY 2021). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Jan 14
Finsoft Financial Investment Holdings Limited Announces Executive Changes The board of directors of Finsoft Financial Investment Holdings Limited announced that with effect from 13 January 2023, (1) Mr. Tam Yip Sun has resigned as (i) the company secretary of the Company; (ii) one of the authorised representatives of the Company Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited; and (iii) the authorised representative of the Company, due to his other commitments which require more of his time; and (2) Mr. Yu Kwan Nam Gabriel has been appointed as the Company Secretary, an Authorised Representative and the Process Agent. The biographical details of Mr. Yu are set out below: Mr. Yu graduated with a Bachelor of Business Administration in Accountancy from City University of Hong Kong. He is a member of the Hong Kong Institute of Certified Public Accountants. Mr. Yu worked in one of the major international accounting firms in Hong Kong and has over 10 years of working experience in professional accounting, financial reporting and various corporate finance projects such as initial public offerings. Buying Opportunity • Jan 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.8%. The fair value is estimated to be HK$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 3.7%. Recent Insider Transactions • Nov 20
Executive Chairman recently bought HK$633k worth of stock On the 18th of November, Yat Yu Tin bought around 3m shares on-market at roughly HK$0.19 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$804k. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$4.8m worth in shares. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Anthea Lo was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 14
Executive Chairman recently bought HK$402k worth of stock On the 9th of September, Yat Yu Tin bought around 2m shares on-market at roughly HK$0.20 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$3.4m worth in shares. Recent Insider Transactions • Jun 16
Executive Chairman recently bought HK$420k worth of stock On the 14th of June, Yat Yu Tin bought around 2m shares on-market at roughly HK$0.21 per share. In the last 3 months, they made an even bigger purchase worth HK$531k. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$3.0m worth in shares. Recent Insider Transactions • May 27
Executive Chairman recently bought HK$402k worth of stock On the 25th of May, Yat Yu Tin bought around 2m shares on-market at roughly HK$0.20 per share. This was the largest purchase by an insider in the last 3 months. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$2.1m worth in shares. Recent Insider Transactions • May 19
Executive Chairman recently bought HK$380k worth of stock On the 17th of May, Yat Yu Tin bought around 2m shares on-market at roughly HK$0.19 per share. This was the largest purchase by an insider in the last 3 months. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$1.7m worth in shares. Reported Earnings • May 16
First quarter 2022 earnings released: HK$0.031 loss per share (vs HK$0.009 loss in 1Q 2021) First quarter 2022 results: HK$0.031 loss per share (down from HK$0.009 loss in 1Q 2021). Revenue: HK$14.8m (down 8.2% from 1Q 2021). Net loss: HK$3.98m (loss widened 251% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Wing Sze Lo was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jan 21
Executive Chairman recently bought HK$527k worth of stock On the 18th of January, Yat Yu Tin bought around 2m shares on-market at roughly HK$0.26 per share. This was the largest purchase by an insider in the last 3 months. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$1.7m worth in shares. Recent Insider Transactions • Jan 08
Executive Chairman recently bought HK$255k worth of stock On the 5th of January, Yat Yu Tin bought around 1m shares on-market at roughly HK$0.25 per share. This was the largest purchase by an insider in the last 3 months. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$952k worth in shares. Reported Earnings • Nov 15
Third quarter 2021 earnings released: HK$0.037 loss per share (vs HK$0.053 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: HK$13.8m (down 15% from 3Q 2020). Net loss: HK$4.72m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Executive Departure • Sep 23
Company Secretary, CFO & Executive Director Wai Yee So has left the company During their tenure, earnings grew by 122% annually compared to the industry average of 24%. On the 17th of September, Wai Yee So left the company after 1.1 in the role. We don't have any record of a personal shareholding under Wai Yee's name. Wai Yee is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 12
Second quarter 2021 earnings released The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: HK$15.2m (down 26% from 2Q 2020). Net loss: HK$14.4m (loss widened 359% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 09
Insider recently bought HK$68k worth of stock On the 4th of June, Sek Chan bought around 2m shares on-market at roughly HK$0.033 per share. In the last 3 months, there was an even bigger purchase from another insider worth HK$453k. Insiders have collectively bought HK$2.4m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 19
Executive Chairman recently bought HK$453k worth of stock On the 18th of May, Yat Yu Tin bought around 14m shares on-market at roughly HK$0.032 per share. This was the largest purchase by an insider in the last 3 months. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$5.0m worth in shares. Reported Earnings • May 17
First quarter 2021 earnings released: HK$0.001 loss per share (vs HK$0.002 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: HK$16.1m (down 2.4% from 1Q 2020). Net loss: HK$1.13m (loss narrowed 55% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: HK$0.039 loss per share (vs HK$0.017 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$76.3m (up 3.4% from FY 2019). Net loss: HK$49.1m (loss widened 136% from FY 2019). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Mar 21
Finsoft Financial Investment Holdings Limited Provides earnings Guidance for the Year Ended 31 December 2020 Finsoft Financial Investment Holdings Limited provided earnings guidance for the year ended 31 December 2020. The group expects to record a net loss of not less than HKD 50 million for the year ended 31 December 2020, as compared to a net loss of approximately HKD 20.8 million recorded for the year ended 31 December 2019. Announcement • Mar 13
Finsoft Financial Investment Holdings Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Finsoft Financial Investment Holdings Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Recent Insider Transactions • Dec 08
Insider recently bought HK$178k worth of stock On the 3rd of December, Sek Chan bought around 3m shares on-market at roughly HK$0.053 per share. In the last 3 months, there was an even bigger purchase from another insider worth HK$1.6m. Despite this recent purchase, insiders have collectively sold HK$7.3m more in shares than they bought in the last 12 months. Recent Insider Transactions • Dec 01
Executive Chairman recently bought HK$1.6m worth of stock On the 27th of November, Yat Yu Tin bought around 36m shares on-market at roughly HK$0.046 per share. This was the largest purchase by an insider in the last 3 months. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$4.5m worth in shares. Reported Earnings • Nov 11
Third quarter 2020 earnings released: HK$0.005 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: HK$16.2m (down 10% from 3Q 2019). Net loss: HK$6.69m (loss widened 410% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Oct 28
Finsoft Financial Investment Holdings Limited to Report Q3, 2020 Results on Nov 10, 2020 Finsoft Financial Investment Holdings Limited announced that they will report Q3, 2020 results on Nov 10, 2020 Announcement • Jul 30
Finsoft Financial Investment Holdings Limited to Report First Half, 2020 Results on Aug 11, 2020 Finsoft Financial Investment Holdings Limited announced that they will report first half, 2020 results on Aug 11, 2020 Announcement • Jul 09
Financial Investment Holdings Limited (SEHK:8018) entered into the agreement to acquire 51% stake in Metrotec Solutions Limited from Chung Elizabeth Ching Yee for HKD 16.3 million. Finsoft Financial Investment Holdings Limited (SEHK:8018) entered into the agreement to acquire 51% stake in Metrotec Solutions Limited from Chung Elizabeth Ching Yee for HKD 16.3 million on July 8, 2020. Under the terms of the transaction, HKD 16.3 million shall be settled as follows: HKD 3.5 million upon signing of the agreement; HKD 3.8 million upon completion and HKD 9 million is subject to the adjustment within thirty business days after the issue of the audited consolidated financial statements of Metrotec Solutions Limited for the financial year ending December 31, 2022. Under the agreement, the Chung Elizabeth Ching Yee unconditionally and irrevocably guaranteed and warranted to the Finsoft Financial Investment Holdings Limited that the Audited EBITDA shall be of no less than the total sum of HKD 8 million (“Guaranteed EBITDA”). If the Audited EBITDA is equal to or more than the Guaranteed EBITDA, the Finsoft Financial Investment Holdings Limited shall pay the Balance Consideration in sum of HKD 9 million. No upward adjustment shall be made if the Audited EBITDA has reached and exceeded the Guaranteed EBITDA. If the Audited EBITDA is less than the Guaranteed EBITDA but is equal to or more than the sum of HKD 3.6 million, the Finsoft Financial Investment Holdings Limited shall pay the Chung Elizabeth Ching Yee the balance consideration based on the following formula: Balance Consideration = (Audited EBITDA 4 51%) – HKD 7,344,000. The consideration will be funded by the internal resources of Finsoft Financial Investment Holdings Limited. Upon completion, Metrotec Solutions Limited will become a non-wholly owned subsidiary of Finsoft Financial Investment Holdings Limited. For the year ended December 31, 2019, Metrotec Solutions Limited reported total assets of HKD 1.5 million and net loss of HKD 4.1 million. The transaction is subject to the due diligence investigation.