i-Control Holdings Limited announced that for the year ended 31 March 2026 its consolidated net profit from continuing operations reached HK$0.37 million, a turnaround from the HK$18.81 million loss recorded a year earlier. Basic earnings per share improved to HK0.03 cents from a loss of HK1.74 cents.

Revenue slid 13.9% year-on-year to HK$105.24 million, reflecting softer demand and greater competition in the video conferencing and multimedia audiovisual (VCMA) market. VCMA solution services contributed HK$88.43 million (-15.7%), while VCMA maintenance services generated HK$16.81 million (-3.2%).

Cost discipline underpinned the return to profitability: • Cost of sales fell 14.8% to HK$69.33 million, keeping gross margin broadly stable at 34.1%. • Staff costs declined 21.2% to HK$26.42 million following head-count adjustments. • Other operating expenses dropped 34.4% to HK$6.02 million, as FY25 had included one-off legal and impairment charges. • Finance costs were reduced by 53.0% to HK$0.33 million on lower bank borrowings and interest rates.

The previous year’s discontinued cloud-based IT+OT managed-services business, which generated a HK$6.62 million loss, no longer affected FY26 results.

Balance-sheet metrics remained solid. Cash and cash equivalents stood at HK$46.32 million, net current assets totalled HK$47.06 million, and the gearing ratio eased to 4.2% (FY25: 6.8%). Bank borrowings fell to HK$6.14 million, all secured by the Group’s land and buildings valued at HK$69.63 million.

The Board did not recommend a dividend. Looking ahead, management expects gradual recovery in Hong Kong’s economy and rising demand for integrated VCMA and smart-office solutions. The Group intends to maintain a prudent yet proactive strategy while exploring investment opportunities to strengthen long-term growth.