Hyperides Holdings (HYRD) investor relations material

Company overview and business model

• Provides comprehensive B2B IT solutions and services in Hong Kong, focusing on infrastructure, cloud, and cybersecurity projects, with maintenance and support services as a recurring revenue stream.

• Operates through a wholly owned Hong Kong subsidiary, with a holding company structure based in the Cayman Islands and an intermediate BVI entity.

• Revenue is primarily project-based, with a growing share from recurring maintenance contracts; serves clients across financial services, hospitality, retail, and technology sectors.

• Competitive advantages include integrated solutions, strong vendor relationships, established customer base, and an experienced management team.

Financial performance and metrics

• Revenue increased 13.5% from $7.3M in FY2024 to $8.3M in FY2025; net income rose 63.7% from $0.6M to $0.9M, driven by improved margins and cost control.

• Gross margin improved from 12.4% to 17.2% year-over-year, reflecting a shift to higher-value projects and increased recurring revenue.

• As of June 30, 2025, current assets were $6.8M and current liabilities $6.8M, with a net current liability of $15.4K; cash balance was $0.25M.

• Top five customers accounted for 67.2% of FY2025 revenue; top four suppliers represented 85.4% of purchases, indicating concentration risk.

• Bank borrowings totaled $2.65M as of June 30, 2025, secured by shareholder guarantee and bearing variable interest rates between 3% and 10%.

Use of proceeds and capital allocation

• 39% of net proceeds allocated to expanding IT solutions and service capacity, including hiring and facility upgrades.

• 24% for product development and technology upgrades, focusing on R&D, cybersecurity, and automation.

• 22% for market expansion and business development, targeting new customers and regional growth in Mainland China, Macau, and Southeast Asia.

• 15% for strategic and working capital purposes, including selective investments and liquidity support.

• Proceeds expected to be deployed over the next 12–24 months, with management retaining flexibility in allocation.