$GLE

Global Engine Group Holding Ltd

CIK:0001908705|SEC Filings

Consolidated Statements of Operations	12 Months Ended
Consolidated Statements of Operations	Jun. 30, 2025 HKD ($) $ / shares shares	Jun. 30, 2025 USD ($) $ / shares shares	Jun. 30, 2024 HKD ($) $ / shares shares	Jun. 30, 2023 HKD ($) $ / shares shares
Revenues
Total revenues	$ 23,081,094	$ 2,940,304	$ 49,450,434	$ 44,684,149
Cost of revenues
Cost of revenues	19,439,759	2,476,434	42,120,168	37,295,682
Gross profit	3,641,335	463,870	7,330,266	7,388,467
Operating expenses
General and administrative expenses	10,749,795	1,369,418	4,480,135	4,244,637
Total operating expenses	10,749,795	1,369,418	4,480,135	4,244,637
Income (Loss) from operations	(7,108,460)	(905,548)	2,850,131	3,143,830
Other income (expenses)
Interest expense	(1,846)	(235)	(10,367)	(34,551)
Other income	599,134	76,324	52,807	23,403
Equity in loss of unconsolidated investees	(111,379)	(14,189)
Total other income (expenses), net	485,909	61,900	42,440	(11,148)
Income (Loss) before income tax	(6,622,551)	(843,648)	2,892,571	3,132,682
Income tax expense (credit)
Current	(56,010)	(7,135)	297,067	467,592
Deferred	(728,286)	(92,777)
Total income tax expense (credit)	(784,296)	(99,912)	297,067	467,592
Net income (loss)	$ (5,838,255)	$ (743,736)	$ 2,595,504	$ 2,665,090
Weighted average number of Ordinary Shares
Basic (in Shares)	17,750,137	17,750,137	16,000,000	16,000,000
Diluted (in Shares)	17,750,137	17,750,137	16,000,000	16,000,000
Earnings (Loss) per share
Basic (in Dollars per share and Dollars per share) \| (per share)	$ (0.33)	$ (0.04)	$ 0.162	$ 0.167
Diluted (in Dollars per share and Dollars per share) \| (per share)	$ (0.33)	$ (0.04)	$ 0.162	$ 0.167
Third parties
Cost of revenues
Cost of revenues	$ 18,306,259	$ 2,332,037	$ 40,980,168	$ 36,097,137
Related parties
Cost of revenues
Cost of revenues	1,133,500	144,397	1,140,000	1,198,545
Cloud services and data center managed services \| Third parties
Revenues
Total revenues	14,388,087	1,832,901	39,604,258	15,112,472
Cloud services and data center managed services \| Related parties
Revenues
Total revenues			1,800,000	8,475,000
Telecommunication, consultancy and related services \| Third parties
Revenues
Total revenues	$ 8,693,007	$ 1,107,403	$ 8,046,176	$ 21,096,677

Consolidated Statements of Cash Flows	12 Months Ended
Consolidated Statements of Cash Flows	Jun. 30, 2025 HKD ($)	Jun. 30, 2025 USD ($)	Jun. 30, 2024 HKD ($)	Jun. 30, 2023 HKD ($)
Cash flows from operating activities:
Net (loss) income	$ (5,838,255)	$ (743,736)	$ 2,595,504	$ 2,665,090
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment	530,221	67,545	325,944	326,261
Amortization of right-of-use assets			353,807	402,063
Amortization of intangible assets	651,002	82,931
Provision for expected credit losses	501,059	63,830	99,775
Deferred offering costs				277,759
Deferred tax	(728,286)	(92,777)
Equity in loss of unconsolidated investees	111,379	14,189
Change in operation assets and liabilities
Accounts receivable	7,412,181	944,239	(8,514,195)	(7,539,058)
Prepayment, deposits and other receivables	(622,946)	(79,357)	(143,218)	3,556,643
Prepaid tax	(113,855)	(14,504)	553,941	(722,140)
Account payables	(12,766,817)	(1,626,367)	7,253,390	4,437,252
Income tax payable	3,166	403		(242,225)
Accrued expenses and other payables	1,127,713	143,660
Contract liabilities	518,294	66,027	(2,152,957)	(2,106,124)
Employee benefits	11,095	1,413
Operating lease obligation			(370,181)	(384,985)
Net cash (used in) provided by operating activities	(9,204,049)	(1,172,504)	1,810	670,536
Cash flow from investing activities:
Purchases of item of property and equipment	(1,325,139)	(168,810)		(28,397)
Purchases of intangible assets	(12,940,000)	(1,648,429)
Payments for acquisition of long-term investments	(17,467,088)	(2,225,135)
Payments for acquisition of subsidiaries, net of cash acquired	(6,122,444)	(779,939)
Net cash used in investing activities	(37,854,671)	(4,822,313)		(28,397)
Cash flow from financing activities:
Payments of IPO costs	(10,896,313)	(1,388,083)	(1,361,560)	(1,298,992)
Proceeds from initial public offering	71,472,020	9,104,832
Proceeds (repayment) of amount due to a director	(39,256)	(5,001)	7,140	(158,277)
Proceeds (repayment) of amount due from/to related parties	(27,013)	(3,441)	(16,201)	1,049,199
Collection of payment on behalf of a customer, net	3,360,000	428,030	3,530,000
Net cash provided by (used in) financing activities	63,869,438	8,136,337	2,159,379	(408,070)
Change in cash	16,810,718	2,141,520	2,161,189	234,069
Cash, beginning of the year	8,406,293	1,070,879	6,245,104	6,011,035
Cash, end of the year	25,217,011	3,212,399	8,406,293	6,245,104
Supplemental cash flow information
Cash paid for income tax	54,679	6,966		1,431,957
Cash received from tax refund			256,874
Cash paid for interest expense	$ 1,846	$ 235	$ 1,049	$ 5,535

Consolidated Balance Sheets	Jun. 30, 2025 HKD ($)	Jun. 30, 2025 USD ($)	Jun. 30, 2024 HKD ($)
Current assets
Cash	$ 25,217,011	$ 3,212,399	$ 8,406,293
Accounts receivable, net	9,317,347	1,186,938	17,130,587
Prepayment, deposits and other receivables	968,702	123,403	345,756
Prepaid tax	282,054	35,931	168,199
Total current assets	35,785,114	4,558,671	26,050,835
Non-current assets
Property and equipment, net	1,472,012	187,520	677,094
Long-term investments	17,355,709	2,210,947
Deferred tax assets	728,286	92,777
Intangible assets, net	12,288,998	1,565,497
Goodwill	6,101,447	777,264
Deferred IPO costs			5,587,622
Total non-current assets	37,946,452	4,834,005	6,264,716
Total assets	73,731,566	9,392,676	32,315,551
Current liabilities
Accrued expenses and other payables	8,029,713	1,022,906	3,542,000
Amount due to a director	335	43	39,591
Tax payables	24,869	3,168
Contract liabilities	2,257,424	287,574	1,739,130
Total current liabilities	10,416,550	1,326,966	18,161,460
Non-current liability
Employee benefits	11,095	1,413
Total non-current liability	11,095	1,413
Total liabilities	10,427,645	1,328,379	18,161,460
Commitment and contingencies
Shareholders’ equity
Ordinary shares			7,766
Shares subscription receivable			(7,666)
Additional paid-in capital	54,979,300	7,003,822
Retained earnings	8,315,736	1,059,343	14,153,991
Total shareholders’ equity	63,303,921	8,064,297	14,154,091
Total liabilities and shareholders’ equity	73,731,566	9,392,676	32,315,551
Class A Ordinary Shares
Shareholders’ equity
Ordinary shares	6,633	845
Class B Ordinary Shares
Shareholders’ equity
Ordinary shares	2,252	287
Third Parties
Current liabilities
Account payables - third parties	30,000	3,822	12,838,317
Related Party
Current liabilities
Account payables - related party	71,500	9,108
Amount due to a related party	$ 2,709	$ 345	$ 2,422