Rich Sparkle Holdings Limited Announces Unaudited Financial Results For The Six Months Ended March 31, 2025
Rhea-AI Summary
Rich Sparkle Holdings Limited (NASDAQ:ANPA), a Hong Kong-based financial printing services provider, reported its unaudited financial results for H1 2025. The company experienced a 2.9% decrease in total revenue to US$1.74 million, while gross profit increased by 8.7% to US$632,059. Net loss widened by 70% to US$259,984.
The company's revenue decline was primarily attributed to decreased financial printing services (US$578,520) and advisory services (US$44,903), partially offset by a US$571,706 increase in other services. Notable was the company's recent listing on the Nasdaq Capital Market on July 9, 2025, trading under the ticker "ANPA."
The gross profit margin improved to 36.3% from 32.4% year-over-year, while SG&A expenses increased to 52.0% of total revenue, up from 40.8% in the previous year.
Positive
- Gross profit increased by 8.7% to US$632,059
- Gross profit margin improved to 36.3% from 32.4%
- Expected credit losses decreased to US$0 from US$30,633
- Successfully listed on Nasdaq Capital Market in July 2025
Negative
- Revenue declined 2.9% to US$1.74 million
- Net loss increased by 70% to US$259,984
- SG&A expenses rose significantly to 52% of revenue from 40.8%
- Financial printing services revenue decreased by US$578,520
News Market Reaction – ANPA
In the Sep 30 session, ANPA declined 1.04%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Hong Kong, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Rich Sparkle Holdings Limited (“we”, “ANPA” or the “Company”) (Nasdaq: ANPA) is a company with limited liability incorporated under the laws of the British Virgin Islands (“BVI”) with no material operations of its own. The Company conduct its operations as a professional specialist in the provision of financial printing services such as printing, typesetting and translation, advisory services including Environmental, Social and Governance (“ESG”) and internal control reporting services and other services including standalone annual general meeting and extraordinary general meeting supporting service and other standalone services, through ANPA Financial Services Group Limited (“ANPA (HK)”), its sole operating subsidiary in Hong Kong.
The Company today announced its unaudited financial results for the six months ended March 31, 2025.
First Half of 2024/25 Financial and Operating Highlights
| ● | Total revenue decreased by |
| ● | Gross profit increased by |
| ● | Net loss and total comprehensive loss increased by |
Mr. Ka Wo, NG, Director and Chairman of the Company, commented, “Founded in 2016, we are a financial printing and corporate services provider which specializes in designing and printing high quality financial materials in Hong Kong. We are dedicated to providing exceptional service, setting benchmarks for reliability and convenience, and pride ourselves on our ability to deliver tailored solutions that cater to the unique needs of each client.”
“We are also proud to announce that the Company has listed its shares on the Nasdaq Capital Market on July 9, 2025 and the shares of the Company are now trading on the Nasdaq under ticker “ANPA.” We believe the listing on Nasdaq is an important milestone for the Company. We will actively explore options for the Company to grow further and create value for our shareholders” concluded Mr. Ng.
FINANCIAL RESULTS
Revenue
Revenue decreased by
For the six months ended March 31, 2025 and 2024, all of the revenue was from clients in Hong Kong.
Cost of services
During the six months ended March 31, 2025 and 2024, the Company’s cost of services was mainly comprised of staff costs, subcontracting fee, printing costs and other job-specific expenses. The Company incurred cost of services of US
The Company paid subcontracting fee for (i) translation services handled by professional linguists who ensure accuracy and cultural relevance, (ii) ESG and internal control services support, and (iii) client relationship maintenance support.
Gross profit and gross profit margin
The total gross profit was US
Selling, General and Administrative expenses
Selling, general and administrative expenses (“SG&A”) mainly consist of administrative staff cost, depreciation of property, plant and equipment and right-of-use assets, property related expenses, legal and professional fees and other miscellaneous administrative expenses. The SG&A was US
Expected credit losses
The expected credit losses were US$nil and US
The decrease in current expected credit losses by US
Other Expense, Net
The other expense was expense of US
An increase in other expense by US
Income Tax Expenses
The Company and its wholly owned subsidiary, Lore Heaven Holdings Limited (“Lore”), were incorporated in the BVI. Pursuant to the current rules and regulations, the BVI currently levy no taxes on individuals or corporations based upon profits, income, gains or appreciations and there is no taxation in the nature of inheritance tax or estate duty. Therefore, the Company is not subject to any income tax in the BVI.
The indirectly wholly-owned subsidiary, ANPA (HK), is subject to income tax within Hong Kong at the applicable tax rate on taxable income. Hong Kong profit tax rates are
The Company had income tax benefit of US
Net loss
As a result of the foregoing, the net loss for the six months ended March 31, 2025 and 2024 was US
About Rich Sparkle Holdings Limited
Founded in 2016, the Company is a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong. The Company’s service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. The Company offers to its customers a wide range of convenient and quality financial printing services, from typesetting, proofreading, translation, design and printing. In addition, the Company also offered advisory services which could cater for its customers’ different requirements, such as conducting internal control assessment and environmental, social and governance (“ESG”) performance evaluation as well as other services including provision of co-working space at its leased office located at Portion 2, 12th Floor, The Center, 99 Queen’s Road Central, Hong Kong, for its customers mainly to conduct meetings and conferences.
For more information, please visit the Company’s website: http://www.anpa.com.hk/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s announcement and other filings with the SEC.
For more information, please contact:
Rich Sparkle Holdings Limited
Email: anpa.info@anpa.com.hk
