$ALEH

ALE Group Holding Ltd

CIK:0001806905|SEC Filings

Consolidated Statements of Income and Comprehensive Income	12 Months Ended
	Mar. 31, 2025 HKD ($) $ / shares shares	Mar. 31, 2025 USD ($) $ / shares shares	Mar. 31, 2024 HKD ($) $ / shares shares	Mar. 31, 2024 USD ($) shares	Mar. 31, 2023 HKD ($) $ / shares shares	Mar. 31, 2023 USD ($) shares
Revenues
Total revenues	$ 13,022,316	$ 1,673,841	$ 11,980,435		$ 12,532,531
Operating expenses
Direct cost of revenues	2,451,625	315,123	2,691,125		3,102,891
Selling and marketing expenses	367,914	47,290	321,857		448,847
General and administrative expenses	2,703,751	347,531	2,469,604		2,061,879
Provision for credit losses	1,140	147	106,946		266,728
Total operating expenses	5,524,430	710,091	5,589,532		5,880,345
Income from operations	7,497,886	963,750	6,390,903		6,652,186
Other income
Other income, net	101,792	13,083	351,855		237,310
Total other income	101,792	13,083	351,855		237,310
Income before income tax	7,599,678	976,833	6,742,758		6,889,496
Income tax expense
Current	1,345,848	172,990	1,414,234		879,171
Deferred	5,319	684	65,745		(17,326)
Total income tax expense	1,351,167	173,674	1,479,979		861,845
Net income	6,248,511	803,159	5,262,779	$ 672,481	6,027,651	$ 767,862
Foreign currency translation adjustment	(1,655)	15,303	(13,634)		12,562
Comprehensive income	$ 6,246,856	$ 818,462	$ 5,249,145		$ 6,040,213
Weighted average number of ordinary shares
Basic (in Shares)	19,200,000	19,200,000	19,200,000	19,200,000	19,200,000	19,200,000
Diluted (in Shares)	19,200,000	19,200,000	19,200,000	19,200,000	19,200,000	19,200,000
Earnings per share
Basic (in Dollars per share and Dollars per share) \| (per share)	$ 0.33	$ 0.04	$ 0.27		$ 0.31
Diluted (in Dollars per share and Dollars per share) \| (per share)	$ 0.33	$ 0.04	$ 0.27		$ 0.31
Corporate consultancy services
Revenues
Revenues	$ 10,470,000	$ 1,345,776	$ 9,820,080		$ 9,786,400
Taxation services
Revenues
Revenues	951,000	122,238	950,000		1,240,000
Total revenues	951,000	122,238	950,000		1,240,000
Company secretarial services
Revenues
Revenues	1,601,316	205,827	1,210,355		1,506,131
Total revenues	$ 1,601,316	$ 205,827	$ 1,210,355		$ 1,506,131

Consolidated Statements of Cash Flows	12 Months Ended
Consolidated Statements of Cash Flows	Mar. 31, 2025 HKD ($)	Mar. 31, 2025 USD ($)	Mar. 31, 2024 HKD ($)	Mar. 31, 2023 HKD ($)
Cash flows from operating activities:
Net income	$ 6,248,511	$ 803,159	$ 5,262,779	$ 6,027,651
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment	3,103	399	2,380	1,387
Amortization of right-of-use assets-operating lease	281,376	36,167	302,870	304,824
Provision for credit losses	1,140	147	106,946	266,728
Deferred tax (benefit) expense	5,319	684	65,745	(17,326)
Change in operating assets and liabilities
Accounts receivable	(913,301)	(117,392)	(812,366)	2,256,528
Other receivables	(15,996)	(2,056)	(13,946)	(230,529)
Prepaid expenses	6,850	880	5,963	(53,667)
Deposits, noncurrent	4,983	640	150	19,345
Accrued expenses and other payables	(140,342)	(18,039)	222,322	134,579
Income tax payable	824,046	105,920	56,621	827,740
Amounts from related parties				26,012
Deferred revenue	(47,507)	(6,106)	26,065	21,430
Operating lease obligation	(281,376)	(36,167)	(302,870)	(304,824)
Net cash provided by operating activities	5,976,806	768,236	4,922,659	9,279,878
Cash flow from investing activities:
Purchase of computer equipment	(28,909)	(3,716)		(11,899)
Net cash used in investing activities	(28,909)	(3,716)		(11,899)
Cash flow from financing activities:
Deferred IPO costs	(1,145,325)	(147,216)	(5,845,071)	(3,936,449)
Dividend payments	(4,680,000)	(600,000)	(7,830,000)
Net cash used in financing activities	(5,825,325)	(747,216)	(13,675,071)	(3,936,449)
Effect of exchange rate change on cash and cash equivalents	(1,302)	(1,716)	(13,634)	12,562
Change in cash and cash equivalents	121,270	15,588	(8,766,046)	5,344,092
Cash and cash equivalents, beginning of the year	2,706,452	347,877	11,472,498	6,128,406
Cash and cash equivalents, end of the year	2,827,722	363,465	2,706,452	11,472,498
Supplemental cash flow information
Cash paid for income tax	521,802	67,070	1,409,045	51,432
Cash paid for interest expense
Non-cash transaction in investing activities
Right-of-use assets obtained in exchange of lease liabilities			$ 529,700

Consolidated Balance Sheets	Mar. 31, 2025 HKD ($)	Mar. 31, 2025 USD ($)	Mar. 31, 2024 HKD ($)
Current assets
Cash and cash equivalents	$ 2,827,722	$ 363,465	$ 2,706,452
Accounts receivable, net	9,529,162	1,224,843	8,616,442
Other receivables, net	448,796	57,686	433,359
Prepaid expenses	40,854	5,251	47,704
Total current assets	12,846,534	1,651,245	11,803,957
Property and equipment, net	33,938	4,362	8,132
Prepaid expenses and deposits, noncurrent	91,934	11,817	96,917
Right-of-use assets – operating lease	250,504	32,199	508,848
Deferred IPO costs	13,992,092	1,798,493	12,846,767
Deferred tax assets, net	10,734	1,380	16,053
Total non-current assets	14,379,202	1,848,251	13,476,717
Total assets	27,225,736	3,499,496	25,280,674
Current liabilities
Accrued expenses and other payables	379,465	48,775	519,807
Deferred revenue	248,797	31,979	296,304
Income tax payable	2,253,342	289,636	1,429,296
Operating lease obligation, current portion	250,504	32,199	271,286
Total current liabilities	3,132,108	402,589	2,516,693
Other liabilities
Operating lease obligation, net of current portion			237,562
Total other liabilities			237,562
Total liabilities	3,132,108	402,589	2,754,255
Commitment and contingencies
Shareholders’ equity
Ordinary shares, US$0.00052083 par value, authorized 96,000,000 shares as of March 31, 2024 and 2025; 19,200,000 shares issued and outstanding as of March 31, 2024 and 2025, respectively	78,498	10,000	78,498
Shares subscription receivable	(78,498)	(10,000)	(78,498)
Additional paid-in capital	9,000	1,147	9,000
Retained earnings	24,087,002	3,077,806	22,518,491
Accumulated other comprehensive income	(2,374)	17,954	(1,072)
Total shareholders’ equity	24,093,628	3,096,907	22,526,419
Total equity
Total liabilities and shareholders’ equity	$ 27,225,736	$ 3,499,496	$ 25,280,674