Alpha Technology Group Ltd. Files Interim Financials

TL;DR

Alpha Tech dropped its 6-month financials ending March 31, 2024. Check 'em out.

AI Summary

Alpha Technology Group Ltd. has filed a Form 6-K on September 25, 2024, to provide its six-month interim financial statements for the period ending March 31, 2024. The company is incorporated in the British Virgin Islands and its principal executive offices are located in Hong Kong.

Why It Matters

This filing provides investors with updated financial performance data for Alpha Technology Group Ltd., crucial for assessing the company's current health and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial filing and does not contain significant new information that would inherently increase risk.

Key Players & Entities

• Alpha Technology Group Ltd. (company) — Filer of the report
• March 31, 2024 (date) — End of interim financial period
• September 25, 2024 (date) — Filing date
• British Virgin Islands (location) — Company incorporation
• Hong Kong (location) — Location of principal executive offices

FAQ

Key Financial Figures

• $4 — dinary Shares at an offering price of US$4 per Ordinary Share. Alpha raised a tota
• $7,000,000 — total gross proceeds of approximately US$7,000,000. In addition, the Company granted to it
• $4.00 — Shares at the public offering price of $4.00 per share. As a result, Alpha further r
• $1,050,000 — aised gross proceeds of approximately US$1,050,000, in addition to the previously discusse
• $7,000,000, b — ussed gross proceeds of approximately US$7,000,000, before deducting underwriting discounts a
• $5,323,693 — a total net proceeds of approximately US$5,323,693. 2 Results of Operations The follow
• $6,023,005 — 5,542,606 5,542,606 We generated HK$6,023,005 (approximately US$769,625) in revenues
• $769,625 — generated HK$6,023,005 (approximately US$769,625) in revenues for the six months ended M
• $480,399 — 31, 2024, representing an increase of HK$480,399 (approximately US$61,386) or 8.67%, as
• $61,386 — increase of HK$480,399 (approximately US$61,386) or 8.67%, as compared with HK$5,542,60
• $5,542,606 — US$61,386) or 8.67%, as compared with HK$5,542,606 for the six months ended March 31, 2023
• $298,661 — 52,466 Cost of revenue decreased by HK$298,661 (approximately US$38,163) or 8.41%, fro
• $38,163 — ecreased by HK$298,661 (approximately US$38,163) or 8.41%, from HK$3,552,466 for the si
• $3,552,466 — proximately US$38,163) or 8.41%, from HK$3,552,466 for the six months ended March 31, 2023
• $3,253,805 — he six months ended March 31, 2023 to HK$3,253,805 for the six months ended March 31, 2024

Filing Documents

• ea0214630-6k_alphatech.htm (6-K) — 163KB
• 0001213900-24-081791.txt ( ) — 164KB

forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks,

forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this document might not occur. The Company’s expectations are as of the date this Report on Form 6-K is filed, and the Company does not intend to update any of the forward-looking statements after the date this Report on Form 6-K is filed to confirm these statements to actual results, unless required by law. Certain of these risks are described in our annual report on Form 20-F for the year ended September 30, 2023 that we filed with the SEC on January 31, 2024. Our annual report on Form 20-F is available on our website at https://alphatechnologys.com or on the website maintained by the SEC at www.sec.gov. Recent Development About Alpha Technology Group Ltd Techlution Service Limited (“TSL”) was incorporated in accordance with laws and regulations of Hong Kong on November 28, 2017. It is engaged in providing IT development and consulting service to customers. 1 Neural Sense Limited (“NSL”) was incorporated in accordance with laws and regulations of Hong Kong on October 16, 2019. It is also engaged in providing IT development and consulting service to customers. Alpha Technology Group (HK) Limited (formerly known as RadiNation Technology Limited) (“Alpha HK”) incorporated in accordance with laws and regulations of Hong Kong on September 14, 2022. Alpha HK has not commenced its operations. Alpha Technology Group Limited (“Alpha”) was incorporated in the British Virgin Islands on October 5, 2022 as an exempted company. Alpha has not commenced its operations. On October 12, 2022, Alpha acquired 100% of equity interest in NSL and TSL from the former shareholders. NSL and TSL became Alpha’s wholly owned subsidiaries. Alpha as investing holding company conducts its primary operations through its two wholly owned su

financial statements, which could result in significant differences from this unaudited financial information

financial statements, which could result in significant differences from this unaudited financial information.

Controls and Procedures

Controls and Procedures There has been no change in our internal control over financial reporting during the period covered by this report that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting. 9 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: September 25, 2024 Alpha Technology Group Ltd By: /s/ Tsang Chun Ho, Anthony Name: Tsang Chun Ho, Anthony Title: Executive director and president 10

View Full Filing

View this 6-K filing on SEC EDGAR