HAMA
Industry:
Commercial Services
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DESCRIPTION

HAMA Intelligence is a Hong Kong-based professional services firm that provides outsourced accounting and finance functions and business financial consulting to SMEs and listed companies. The corporate services arm handles bookkeeping, management accounts, budgeting, financial reporting, tax planning, and internal control reviews — essentially acting as an outsourced finance department for clients that lack dedicated internal staff. The consulting arm advises clients on growth strategy, M&A, capital raising, and investor relations management. The consulting arm drives the majority of revenue, roughly 78% in FY25, while the corporate services arm is growing from a small base. HAMA Intelligence charges fixed fees for most services and earns commissions on business referrals in the consulting arm. Revenue is project-based and largely non-recurring, so the company must continuously win new engagements. The business is people- and expertise-driven, with costs centered on third-party consultant fees, employee compensation, and legal and professional fees. Revenue is concentrated among a small number of clients, with the top four customers accounting for roughly 62% of FY25 revenue. HAMA Intelligence operates from a single office in Kowloon with 11 employees, all based in Hong Kong. The company plans to expand into Southeast Asia via a Singapore subsidiary, grow its in-house team to reduce reliance on third-party consultants, and pursue horizontal M&A to broaden capabilities and its client base.

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