Summary by Moomoo AI
In the 2024 fiscal year, OSL GROUP's revenue reached a historical high, soaring by 78.6% year-on-year from 0.21 billion HKD to 0.375 billion HKD. The ongoing Operation business turned profitable for the first time, recording a profit of 54.8 million HKD, compared to a loss of 0.25 billion HKD in the same period last year. The group’s total comprehensive income reached 0.168 billion HKD, reversing last year's loss of 0.266 billion HKD. The revenue growth was mainly driven by significant increases in digital asset trading business and Saas service fee income.During the year, the group made significant strategic moves, including acquiring 81.38% of the equity in the crypto asset trading platform OSL Japan licensed by Japan's Financial Services Agency, as well as...Show More
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