Mega Fortune Co Ltd
megafortune-group.comWhat Do They Do?
Provides Internet of Things integration, outsourcing, and maintenance services to enterprises, alongside hardware and IoT-related products.
20-F for FY2025, filed Feb 3, 2026We are an Internet of Things (“IoT”) solution provider in Hong Kong. Through our operating subsidiary QBS System Limited (“QBS System”)…View ↗
QBS System launched in Hong Kong under the Companies Ordinance on April 14, 2011. QBS System’s business service portfolio includes the…View ↗
QBS System’s IoT Integration Solution Service helps clients to build applications using available IoT devices, sensors, framework and…View ↗
Business Process Outsourcing (“BPO”) Services:View ↗
Following the completion of a QBS System’s IoT Integration Solution Service for a client, QBS System can provide ongoing maintenance and…View ↗
How Do They Make Money?
Customers pay for project services in advance and in installments as work reaches agreed milestones; outsourcing and support customers typically pay monthly over the contract period. Hardware and IoT-related products are paid for upon delivery.
20-F for FY2025, filed Feb 3, 2026In the IoT Integration Solution contracts, the Company commits to providing various services for specific projects. Although the contracts…View ↗
The Company engages in distinct contracts with its customers to provide IT-related manpower support for a fixed period of time. Each…View ↗
In these IoT Support and Maintenance contracts, the Company commits to delivering a variety of support and maintenance services. Although…View ↗
The Company enters into distinct contracts with its customers to sell hardware and IoT-related products. The Company typically enters into…View ↗
$11.1M
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20-F for FY2025, filed Feb 3, 2026
$11.1M ↗
Who Are Their Customers?
Government departments, retailers, restaurant chains, theme parks and international brands buy IoT services and products, mainly in construction, retail, electronics, food and beverage, telecommuting, robotics and logistics. Most clients contact the company directly through referrals, reputation, word of mouth or online searches.
20-F for FY2025, filed Feb 3, 2026
Do Revenues Turn Into Profits?
Yes. It kept 16 cents of every revenue dollar as net income in FY2025.
20-F for FY2025, filed Feb 3, 2026
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