The company demonstrated strong operational efficiency during its scaling phase, achieving a 16.7% operating margin on $3.2M of revenue in 2024Q2.
| Sales/Revenue | 3.55M | 7.99M | 5.66M | 4.16M |
| Revenue Growth % | - | 41.31% | 36.12% | - |
| Cost of Goods Sold | 2.47M | 6.1M | 3.96M | 3.36M |
| COGS % of Revenue | - | 76.36% | 69.93% | 80.79% |
| Gross Profit | 1.07M | 1.89M | 1.7M | 798.2K |
| Gross Margin % | 30.27% | 23.64% | 30.07% | 19.21% |
| Gross Profit Growth % | - | 11.1% | 113.09% | - |
| Operating Expenses | 480.84K | 935.59K | 795.48K | 638.36K |
| OpEx % of Revenue | - | 11.7% | 14.06% | 15.36% |
| Selling, General & Admin | 480.84K | 935.59K | 795.48K | 638.36K |
| SG&A % of Revenue | - | 11.7% | 14.06% | 15.36% |
| Research & Development | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 |
| Operating Income | 593.55K | 954.05K | 905.4K | 159.85K |
| Operating Margin % | 16.72% | 11.93% | 16% | 3.85% |
| Operating Income Growth % | - | 5.37% | 466.41% | - |
| EBITDA | 609.35K | 1.01M | 932.54K | 192.2K |
| EBITDA Margin % | 17.17% | 12.67% | 16.48% | 4.62% |
| EBITDA Growth % | - | 8.63% | 385.18% | - |
| D&A (Non-Cash Add-back) | 15.8K | 58.96K | 27.14K | 32.36K |
| EBIT | 600.58K | 1.09M | 924.46K | 188.4K |
| Net Interest Income | -17.2K | -25.82K | -3.15K | -5.46K |
| Interest Income | 1.75K | 3.25K | 50 | 3 |
| Interest Expense | 18.95K | 29.06K | 3.19K | 5.49K |
| Other Income/Expense | -11.93K | 106.81K | -5.96K | 23.06K |
| Pretax Income | 581.62K | 1.06M | 899.44K | 182.91K |
| Pretax Margin % | 16.39% | 13.27% | 15.9% | 4.4% |
| Income Tax | 60.48K | 125.06K | 96.79K | 0 |
| Effective Tax Rate % | 10.4% | 11.79% | 10.76% | 0% |
| Net Income | 521.13K | 935.8K | 802.65K | 182.91K |
| Net Margin % | 14.68% | 11.71% | 14.19% | 4.4% |
| Net Income Growth % | - | 16.59% | 338.83% | - |
| Net Income (Continuing) | 521.13K | 935.8K | 802.65K | 182.91K |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 2.51M | 0 | 0 |
| EPS (Diluted) | - | -376.50 | 0.75 | 0.37 |
| EPS Growth % | - | -50300% | 102.7% | - |
| EPS (Basic) | - | -376.50 | 0.75 | 0.37 |
| Diluted Shares Outstanding | 1.06M | 21.07K | 1.06M | 500K |
| Basic Shares Outstanding | 1.06M | 21.07K | 1.06M | 500K |
| Dividend Payout Ratio | - | - | - | - |
Geographic concentration in Hong Kong
As indicated by the jump from $366.9K in 2023Q4 to $3.2M in 2024Q2, Click Holdings has experienced a dramatic surge in revenue, suggesting that the firm's specialized secondment model is gaining significant traction within the competitive Hong Kong professional services and healthcare staffing landscape.
The exponential revenue growth appears to reflect a successful capture of high-compliance contract roles, though it remains unclear if this trajectory is sustainable or driven by a few large-scale, non-recurring client wins. Investors should monitor whether this rapid expansion can be maintained without diluting the quality of the professional pool or triggering excessive client acquisition costs.
Based on the reported financial data, the company maintained a gross margin of 30.0% in 2024Q2, demonstrating an ability to preserve pricing power despite the rapid scaling of its workforce and the inherent competitive pressures within the local Hong Kong labor market for specialized professional talent.
The slight contraction from the 32.3% gross margin observed in 2023Q4 may suggest that the firm is absorbing higher wage costs to secure talent during its expansion phase. Maintaining these margins will likely depend on the company's ability to shift its revenue mix toward higher-value professional solutions while managing the variable costs associated with its seconded staff.
According to the income statement, operating income scaled to $530.0K in 2024Q2, reflecting an operating margin of 16.7% that suggests the company is successfully leveraging its lean corporate structure to convert top-line growth into bottom-line profitability as it scales its operations across its three primary service segments.
The ability to keep SG&A expenses contained while revenue grew nearly nine-fold indicates a high degree of operational discipline. However, analysts should investigate whether this efficiency is sustainable as the firm potentially faces increased administrative burdens and compliance requirements associated with a larger, more complex seconded workforce.
As reported in the financial statements, the company's net income of $467.8K in 2024Q2 appears to be of high quality, characterized by the absence of stock-based compensation and minimal non-operating items, which provides a clear view of the firm's core operational performance and underlying profitability.
The lack of stock-based compensation suggests that management is not currently diluting shareholders to incentivize growth, which is a positive indicator for earnings quality. Investors should continue to monitor the tax rate and any potential non-operating volatility that could emerge as the company's scale and geographic footprint evolve.
Quick answers to the most common questions about buying CLIK stock.
For fiscal year 2024, Click Holdings Limited (CLIK) reported total revenue of $8.0M. This represents a 92.3% increase compared to $4.2M in 2022.
Click Holdings Limited (CLIK) is profitable, generating $0.9M in net income for the fiscal year ending 2024 with a net profit margin of 11.7%.
Click Holdings Limited (CLIK) reported an operating income of $1.0M, resulting in an operating profit margin of 11.9%. This margin reflects the operational efficiency of the business before interest and taxes.
Click Holdings Limited (CLIK) generated $1.9M in gross profit for the year, representing a gross profit margin of 23.6%. This demonstrates the company's core pricing power and production efficiency.