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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Profit before tax $ 44,625 $ 28,870 [1] $ 25,307 [1]
Adjustments for:      
Share of losses of joint ventures 401 0 [1] 0 [1]
Interest income (15,945) (743) [1] (18) [1]
Finance costs 1,195 0 [1] 0 [1]
Depreciation 1,155 9 [1] 6 [1]
Amortization 833 837 [1] 625 [1]
Recovery of accounts receivable written off (2) (20) [1] (9) [1]
Share-based payment 244 1,138 [1] 120 [1]
Changes in fair value on financial assets at FVTPL (15,386) (16,940) [1] (9,063) [1]
Unrealized exchange gain 0 (403) [1] 0 [1]
Operating cash flows before movements in working capital 17,120 12,748 [1] 16,968 [1]
Decrease in fiduciary bank balances 372 369 [1] 869 [1]
(Increase) decrease in accounts receivable (4,272) 3,834 [1] (7,522) [1]
Decrease in prepayments, deposits and other receivables 1,545 521 [1] 1,609 [1]
Decrease in client's monies held on trust (398) (316) [1] (120) [1]
(Decrease) increase in accounts payable 173 7 [1] (52) [1]
(Decrease) increase in other payables and accruals 523 1,421 [1] (2,328) [1]
Increase (decrease) in contract liabilities 4,544 (3,011) [1] 1,201 [1]
Cash generated from operations 19,607 15,573 [1] 10,625 [1]
Profits tax refunded (paid) (4,106) (5,323) [1] 65 [1]
Net cash from operating activities 15,501 10,250 [1] 10,690 [1]
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions of financial assets at FVTPL (5,545) (3,835) [1] (6,520) [1]
Proceeds from disposal of financial assets at FVTPL 58,170 0 [1] 10,038 [1]
Receipt of return from movie income right investments 0 2,681 [1] 0 [1]
Acquisition of property, plant and equipment (2) (6) [1] (22) [1]
Acquisition of intangible assets 0 (227) [1] 0 [1]
Acquisition of subsidiaries, net of cash acquired 3,860 0 [1] 2,673 [1]
Interest received 3,109 40 [1] 18 [1]
Loan to a third party (100,123) 0 [1] 0 [1]
Repayment of loan to a third party 100,123 0 [1] 0 [1]
Advance to AMTD Group (401,454) (140,338) [1] (159,931) [1]
Repayment from AMTD Group 222,271 92,546 [1] 113,927 [1]
Repayment from non-controlling shareholder 97 0 0
Advance to fellow subsidiaries 0 0 [1] (97,759) [1]
Repayment from fellow subsidiaries 0 0 [1] 154,104 [1]
Net cash from (used in) investing activities (119,494) (49,139) [1] 16,528 [1]
CASH FLOW FROM FINANCING ACTIVITIES      
Proceeds from bank borrowings 15,018 0 [1] 0 [1]
Proceeds from issue of shares 229,186 0 [1] 3,498 [1]
Advance from AMTD Group 0 0 [1] 12,312 [1]
Repayment to AMTD Group 0 0 [1] (3,116) [1]
Advance from fellow subsidiaries 0 0 [1] 1,996 [1]
Repayment to fellow subsidiaries 0 0 [1] (13,672) [1]
Finance costs paid (742) 0 [1] 0 [1]
Net cash from financing activities 243,462 0 [1] 1,018 [1]
Net increase (decrease) in cash and cash equivalents 139,469 (38,889) [1] 28,236 [1]
Supplemental Cash Flow Information [Abstract]      
Cash and cash equivalents at beginning of the year [1] 14,337 53,631 25,317
Effect of foreign exchange rate changes (145) (405) [1] 78 [1]
Cash and cash equivalents at end of the year 153,661 14,337 [1] 53,631 [1]
Cash and cash equivalents 152,930 14,337 [1] 53,631 [1]
Cash and cash equivalents classified as assets held for sale 731 0 [1] 0 [1]
Cash and cash equivalents if different from statement of financial position $ 153,661 $ 14,337 [1] $ 53,631 [1]
[1] The comparative consolidated financial statements have been re-presented from Hong Kong dollar to US$ to reflect the Company’s change in presentation currency. See note 1.