Overview
- TickerTDIC on Nasdaq1
- IndustryServices-Management Services1
- HeadquartersHong Kong, Hong Kong1
- Incorporated inCayman Islands3
- Business addressNo. 5, 17Th Floor, Peakcastle,, No. 476 Castle Peak Road, Cheung Sha Wan, Hong Kong, K3 0000003
- Filer categoryNon-accelerated filer, Emerging growth company3
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Company was incorporated in the Cayman Islands on July 5, 2024 under the Companies Act as an exempted company with limited liability.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in HKD, the currency the company reports in.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Sales of goods and others [member] brought in 46% of the revenue Dreamland Ltd broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2024 | 2025 | 2026 |
|---|---|---|---|
| Sales of goods and others [member] | 11.5M HKD | 15.6M HKD | 23.4M HKD |
| Tickets [member] | 9.7M HKD | 17.5M HKD | |
| Sponsorship | 5.4M HKD | 9.1M HKD | |
| Design and others [member] | 2.2M HKD | 1.8M HKD | 638.4K HKD |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development2¢760.0K HKD
- Selling, general and admin16¢7.3M HKD
- Other costs64¢29.5M HKD
- Interest1¢656.7K HKD
- Income tax2¢1.1M HKD
- Profit14¢6.4M HKD
Out of 45.8M HKD in revenue.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Total Revenues, net | 50.7M HKD | 45.8M HKD | 20.4M HKD |
| Selling, general and administrative expenses | -60.6M HKD | -7.3M HKD | -666.3K HKD |
| Research and development | -2.4M HKD | -760.0K HKD | |
| Amortization | -2.6M HKD | ||
| Impairment of investment on event projects | -5.3M HKD | ||
| Impairment of rights of use assets | -111.1K HKD | ||
| Depreciation | -415.8K HKD | -449.5K HKD | -294.1K HKD |
| Profit/(Loss) from operations | -68.3M HKD | 773.5K HKD | 8.1M HKD |
| Interest income | 2.1K HKD | 44.8K HKD | 23.0K HKD |
| Finance costs | -829.0K HKD | -656.7K HKD | -246.3K HKD |
| Other income/(expenses) | -4.9M HKD | 7.4M HKD | 180.7K HKD |
| Total other income/(expenses), net | -5.7M HKD | 6.8M HKD | -42.6K HKD |
| Profit/(Loss) before income taxes | -74.0M HKD | 7.5M HKD | 8.1M HKD |
| Income tax expense | -85.6K HKD | -1.1M HKD | -988.3K HKD |
| NET PROFIT/(LOSS) | -74.1M HKD | 6.4M HKD | 7.1M HKD |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 7 quarters (quarterly), latest first.5
| Period ending | 2026-03-31 | 2025-08-31 | 2025-07-31 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|---|
| Equipment, net | 65.0K HKD | ||||
| Right-of-use assets | 87.7K HKD | 438.5K HKD | |||
| Non-current assets | 87.7K HKD | 503.5K HKD | |||
| Intangible assets | 3.1M HKD | ||||
| Deposits and prepayments | 21.4M HKD | 11.3M HKD | |||
| Amount due from related parties | 1.2M HKD | ||||
| Amount due from joint operation parties | 4.5M HKD | 1.8M HKD | |||
| Investment on event projects | 30.9M HKD | 6.3M HKD | |||
| Contract assets | 57.0K HKD | ||||
| Inventory | 305.3K HKD | ||||
| Accounts and other receivables | 8.0M HKD | 17.1M HKD | |||
| Cash and bank balances | 20.5M HKD | 17.1M HKD | |||
| Total current assets | 85.2M HKD | 58.2M HKD | |||
| TOTAL ASSETS | 85.3M HKD | 58.7M HKD | |||
| Bank borrowings | 10.2M HKD | 5.9M HKD | |||
| Lease liabilities | 122.6K HKD | ||||
| Total non-current liabilities | 10.2M HKD | 6.0M HKD | |||
| Bank borrowings, current portion | 8.6M HKD | 8.0M HKD | |||
| Lease liabilities, current portion | 122.6K HKD | 534.2K HKD | |||
| Tax payable | 2.1M HKD | ||||
| Amount due to a shareholder | 3.6M HKD | 1.8M HKD | |||
| Amount due to a related party | 288.4K HKD | ||||
| Trade and other payables | 32.3M HKD | 31.1M HKD | |||
| Shares to be issued | 24.7M HKD | ||||
| Total current liabilities | 69.4M HKD | 43.8M HKD | |||
| TOTAL LIABILITIES | 79.6M HKD | 49.8M HKD | |||
| Subscription receivables | -4.0K HKD | -4.0K HKD | |||
| Reserves | 72.8M HKD | 2.0M HKD | |||
| Retained earnings / (accumulated deficit) | -67.1M HKD | 6.9M HKD | |||
| TOTAL SHAREHOLDERS EQUITY | 5.7M HKD | 8.9M HKD | |||
| TOTAL SHAREHOLDERS EQUITY AND LIABILITIES | 85.3M HKD | 58.7M HKD | |||
| Ordinary shares, par value | $0.00 | $0.00 | |||
| Ordinary shares, authorised | 1.0B shares | 10.0B shares | |||
| Ordinary shares, issued | 6.0M shares | 1.3M shares |
| Period ending | 2026-03-31 | 2025-08-31 | 2025-07-31 | 2025-06-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|---|---|---|
| Equipment, net | 65.0K HKD | 135.9K HKD | |||||
| Right-of-use assets | 87.7K HKD | 438.5K HKD | 789.4K HKD | 471.4K HKD | |||
| Non-current assets | 87.7K HKD | 503.5K HKD | |||||
| Intangible assets | 3.1M HKD | ||||||
| Deposits and prepayments | 21.4M HKD | 11.3M HKD | |||||
| Amount due from related parties | 1.2M HKD | ||||||
| Amount due from joint operation parties | 4.5M HKD | 1.8M HKD | |||||
| Investment on event projects | 30.9M HKD | 6.3M HKD | |||||
| Contract assets | 57.0K HKD | ||||||
| Inventory | 305.3K HKD | ||||||
| Accounts and other receivables | 8.0M HKD | 17.1M HKD | |||||
| Cash and bank balances | 20.5M HKD | 17.1M HKD | |||||
| Total current assets | 85.2M HKD | 58.2M HKD | |||||
| TOTAL ASSETS | 85.3M HKD | 58.7M HKD | |||||
| Bank borrowings | 10.2M HKD | 5.9M HKD | |||||
| Lease liabilities | 122.6K HKD | 601.9K HKD | |||||
| Total non-current liabilities | 10.2M HKD | 6.0M HKD | |||||
| Bank borrowings, current portion | 8.6M HKD | 8.0M HKD | |||||
| Lease liabilities, current portion | 122.6K HKD | 534.2K HKD | 178.0K HKD | ||||
| Tax payable | 2.1M HKD | ||||||
| Amount due to a shareholder | 3.6M HKD | 1.8M HKD | |||||
| Amount due to a related party | 288.4K HKD | ||||||
| Trade and other payables | 32.3M HKD | 31.1M HKD | |||||
| Shares to be issued | 24.7M HKD | ||||||
| Total current liabilities | 69.4M HKD | 43.8M HKD | |||||
| TOTAL LIABILITIES | 79.6M HKD | 49.8M HKD | |||||
| Subscription receivables | -4.0K HKD | -4.0K HKD | |||||
| Reserves | 72.8M HKD | 2.0M HKD | |||||
| Retained earnings / (accumulated deficit) | -67.1M HKD | 6.9M HKD | |||||
| TOTAL SHAREHOLDERS EQUITY | 5.7M HKD | 8.9M HKD | 2.5M HKD | 912.2K HKD | |||
| TOTAL SHAREHOLDERS EQUITY AND LIABILITIES | 85.3M HKD | 58.7M HKD | |||||
| Ordinary shares, par value | $0.00 | $0.00 | |||||
| Ordinary shares, authorised | 1.0B shares | 10.0B shares | |||||
| Ordinary shares, issued | 6.0M shares | 1.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Net Profit/(Loss) before tax | -74.0M HKD | 7.5M HKD | 8.1M HKD |
| Interest income | -2.1K HKD | -44.8K HKD | -23.0K HKD |
| Finance costs | 829.0K HKD | 656.7K HKD | 246.3K HKD |
| Amortization | 2.6M HKD | ||
| Depreciation of equipment | 65.0K HKD | 70.9K HKD | 5.9K HKD |
| Depreciation of right of use assets | 350.8K HKD | 378.6K HKD | 288.2K HKD |
| Share-based payment for service fee | 37.8M HKD | ||
| Impairment of investment on event projects | 5.3M HKD | ||
| Gain on disposal of intangible assets | -6.1M HKD | ||
| (Gain)/loss on investment on event projects | 5.1M HKD | -806.6K HKD | |
| Loss/(Gain) on early termination of leases | -2.5K HKD | ||
| Impairment of rights of use assets | 111.1K HKD | ||
| Contract assets | 57.0K HKD | 4.3M HKD | -4.3M HKD |
| Inventory | 305.3K HKD | -305.3K HKD | |
| Accounts and other receivables | 10.8M HKD | -6.4M HKD | -826.7K HKD |
| Deposits and prepayments | -10.1M HKD | -11.0M HKD | -151.3K HKD |
| Amount due from/(to) related parties | 931.5K HKD | -931.5K HKD | |
| Amount due from/(to) joint operation parties | -11.3M HKD | -1.8M HKD | |
| Trade payable and other payable | 15.9M HKD | -578.0K HKD | 1.4M HKD |
| Contract liabilities | -3.6M HKD | 3.6M HKD | |
| Cash Generated from operation | -17.8M HKD | -16.0M HKD | 8.3M HKD |
| Income tax paid | -2.2M HKD | ||
| Net cash provided by/(used in) operating activities | -20.0M HKD | -16.0M HKD | 8.3M HKD |
| Acquisition of intangible assets | -9.3M HKD | ||
| Proceeds from disposal of intangible assets | 1.1M HKD | ||
| Proceeds from investment on event projects | 1.8M HKD | ||
| Cash paid for event projects at loss | 3.8M HKD | ||
| Cash paid for investment on event projects, net of investment return | -20.9M HKD | -8.5M HKD | |
| Interest received | 2.1K HKD | 44.8K HKD | 23.0K HKD |
| Disposal of motor vehicle | 7.9K HKD | ||
| Purchases of equipment | -141.8K HKD | ||
| Net cash used in investing activities | -24.7M HKD | -14.8M HKD | -110.9K HKD |
| Proceeds from a shareholder | 7.2M HKD | 9.2M HKD | 18.0M HKD |
| Payments to a shareholder | -5.4M HKD | -4.4M HKD | -21.7M HKD |
| Proceeds from issuance of ordinary shares, net of offering expenses | 33.0M HKD | ||
| Proceeds from shares to be issued | 24.7M HKD | ||
| Proceeds from investment partner | 30.1M HKD | ||
| Repayment of profit split for investments on event projects to investment partner | -384.3K HKD | ||
| Repayment to investment partner | -14.7M HKD | ||
| Proceeds from bank overdrafts | 2.1M HKD | 15.1M HKD | |
| Repayment of bank overdrafts | -1.9M HKD | -7.8M HKD | |
| Proceeds from bank borrowings | 21.4M HKD | 3.7M HKD | |
| Repayment of bank borrowings principal | -16.6M HKD | -951.4K HKD | -503.2K HKD |
| Repayment of bank borrowings and overdrafts interest | -814.6K HKD | -626.4K HKD | -221.9K HKD |
| Repayment of leases liabilities principal | -534.2K HKD | -262.0K HKD | -230.2K HKD |
| Repayment of leases liabilities interest | -14.5K HKD | -30.3K HKD | -24.4K HKD |
| Net cash provided by/(used in) financing activities | 48.0M HKD | 44.1M HKD | -4.7M HKD |
| Net change in cash and bank balances | 3.3M HKD | 13.3M HKD | 3.5M HKD |
| Cash paid for income taxes | -2.2M HKD | ||
| Cash paid for interest | -829.0K HKD | -656.7K HKD | -247.4K HKD |
| Dividend offset amount due from a shareholder | 5.5M HKD | ||
| Amount due from joint operation parties offset payment for investment on event projects | 11.7M HKD | ||
| Completed events projects investment balances offset for other new investment on events projects | 2.8M HKD | ||
| Accounts receivables offset payment for investment on event projects | 616.0K HKD |
No quarter-by-quarter statement was filed.
Corporate structure
Dreamland Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Dreamland Ltd
- Wai Yue Seto Filed SCHEDULE 13D on Dreamland Ltd, latest Oct 14, 2026 (3 filings since Jul 13, 2026)
- IMPERIAL VISION FUND SPC SERIES 1 SP Filed SCHEDULE 13G/A on Dreamland Ltd, latest Aug 19, 2026 (2 filings since Jul 6, 2026)
- Dreamland Ltd Hong Kong, Hong Kong
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Dreamland Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | 65.0K HKD2 Mar 31, 2025 | 135.9K HKD2 Mar 31, 2024 | −52.2% |
| Operating-lease assets (leased space) | 438.5K HKD2 Mar 31, 2025 | 789.4K HKD2 Mar 31, 2024 | −44.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | 17.1M HKD2 Mar 31, 2025 | 3.8M HKD2 Mar 31, 2024 | +348.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | 3.1M HKD2 Mar 31, 2025 |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | 305.3K HKD2 Mar 31, 2025 |
Leadership
Who has led Dreamland Ltd, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerWai Yue Seto Apr 9, 2026 to now6
- Chief financial officerWai Kit Lee Apr 9, 2026 to now7
Board members and other officers (5)
- Board memberSze Man Tse Apr 9, 2026 to now8
- Board memberTan Cheung Apr 9, 2026 to now9
- Board memberWai Yue Seto Apr 9, 2026 to now6
- Board memberWing Yin Lee Apr 9, 2026 to now10
- Board memberYi Sin Edith Lui Apr 9, 2026 to now11
Timeline
- Apr 9, 2026New chief executive Wai Yue Seto becomes CEO6
Filings
77 filings to the SEC since October 2021: 2 annual reports, 9 insider forms, 5 large holders, 61 other. The latest 20:
- Oct 14, 2026SCHEDULE 13D EDGAR
- Oct 14, 20264 EDGAR
- Oct 13, 20266-K EDGAR
- Aug 19, 2026SCHEDULE 13G/A EDGAR
- Aug 17, 202620-F EDGAR
- Aug 17, 2026SCHEDULE 13D/A EDGAR
- Aug 17, 20264/A EDGAR
- Aug 11, 20266-K EDGAR
- Jul 22, 2026NT 20-F EDGAR
- Jul 13, 2026SCHEDULE 13D EDGAR
- Jul 13, 20264 EDGAR
- Jul 9, 20266-K EDGAR
- Jul 6, 2026SCHEDULE 13G EDGAR
- Jun 30, 20266-K EDGAR
- Jun 23, 20266-K EDGAR
- Jun 10, 20266-K EDGAR
- Jun 5, 20266-K EDGAR
- Jun 5, 20266-K EDGAR
- May 12, 20266-K EDGAR
- May 11, 2026EFFECT EDGAR
The 77 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 3 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 13, 2026 | Seto Wai YueChief Executive Officer | Buy | 320,000 | $3.75 | $1.2M | Form 4 |
| Jul 7, 2026 | Seto Wai YueChief Executive Officer | Buy | 652,000 | $3.75 | $2.4M | Form 4 |
| Jul 7, 2026 | Seto Wai YueChief Executive Officer | Buy | 652,000 | $3.75 | $2.4M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Wai Yue SetoSCHEDULE 13D, 3 filings Jul 13, 2026 to Oct 14, 202612
- IMPERIAL VISION FUND SPC SERIES 1 SPSCHEDULE 13G/A, 2 filings Jul 6, 2026 to Aug 19, 202613
SEC filer profile
How Dreamland Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARDreamland Ltd1
- CIK0002041338
- Filer statusNon-accelerated filer an emerging growth company; a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsMarch 311
- Industry code (SIC)8741 Services-Management Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressNo. 5, 17Th Floor, Peakcastle,, No. 476 Castle Peak Road, Cheung Sha Wan, Hong Kong, K3 0000001
- Phone852 5628 62811
- Shares outstanding36,000,000 Ordinary Shares Class A shares; 1,000,000 Ordinary Shares Class B shares as of Mar 31, 20264
- AuditorTAAD LLP, Diamond Bar, California PCAOB ID 5854; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceOct 17, 20241
- Filings77 in all: 6-K (20), UPLOAD (8), CORRESP (7), 3 (6), DRSLTR (4), F-1/A (4), DRS/A (3), EFFECT (3)1
All 24 form types
F-1 (3), 20-F (2), 4 (2), NT 20-F (2), SCHEDULE 13D (2), 4/A (1), 424B3 (1), 424B4 (1), 424B5 (1), 8-A12B (1), CERT (1), DRS (1), S-8 (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (20-F) Aug 17, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Ordinary Shares, par value US$0.00125 | TDIC | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Aug 17, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARDreamland Ltd filings on SEC EDGAR
- 2SEC EDGARDreamland Ltd 10-K for fiscal 2025
- 3SEC EDGARDreamland Ltd filings on SEC EDGAR
- 4
- 5
- 6
- 7SEC EDGARWai Kit Lee, Chief financial officer
- 8SEC EDGARSze Man Tse, Board member
- 9SEC EDGARTan Cheung, Board member
- 10SEC EDGARWing Yin Lee, Board member
- 11SEC EDGARYi Sin Edith Lui, Board member
- 12
- 13