Business: |
(Incorporated in the Cayman Islands)
We, through our operating subsidiaries, are a Hong Kong-based consulting, advisory and financial services provider, as well as a trader of commodities such as luxury timepieces:
*Bluemount Capital offers corporate finance, strategic communications and other consulting and advisory services;
*Bluemount Commodities sells and trades luxury watches, primarily Patek Philippe, Audemars Piquet and Rolex watches;
*Bluemount Securities is engaged in underwriting and placing securities and offering brokerage services, and
*Bluemount Asset Management offers asset management services.
Our total revenues were HK$13.1 million (approximately US$1.7 million) for the six months ended Sept. 30, 2024, and HK$32.8 million (approximately US$4.2 million) and HK$38.3 million for the years ended March 31, 2024, and March 31, 2023, respectively. We recorded a total net profit of HK$5.4 million (approximately US$0.7 million) for the six months ended Sept. 30, 2024, and HK$9.2 million (approximately US$1.2 million) and HK$0.9 million for the years ended March 31, 2024, and March 31, 2023, respectively.
For the six months that ended Sept. 30, 2024, the percentage of our revenue that came from these three areas of our business was:
*Approximately 70.91% (70.9 percent) from consulting and advisory services;
*Approximately 26.08% (26.08 percent) from the trading of commodities such as luxury watches, and
*Approximately 3.00% (3.0 percent) from the provision of financial services.
Note: Net income and revenue are in U.S. dollars (converted from Hong Kong dollars) for the fiscal year that ended March 31, 2024.
(Note: Bluemount Holdings Limited disclosed in an F-1/A filing dated May 9, 2025, that Dominari Securities had joined the underwriting team as the “lead left” joint book-runner and Revere Securities had joined the team as a joint book-runner on the far right – to work with original book-runner Pacific Century Securities.)
(Background: Bluemount Holdings Limited filed its F-1 for its IPO on March 17, 2025, and disclosed its terms: The company is offering 1.38 million ordinary shares (1,375,000 shares) at a price range of $4.00 to $5.00 to raise $6.19 million ($6,187,500), if priced at the $4.50 mid-point of its range.)
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