MAJOR CUSTOMERS |
6 Months Ended |
---|---|
Apr. 30, 2025 | |
MAJOR CUSTOMERS | |
MAJOR CUSTOMERS | NOTE 6 – MAJOR CUSTOMERS
The Company sells to their end-user customers both directly and indirectly, through resellers. In the six months ended April 30, 2024, 7 resellers accounted for 51% of sales, of which 1 reseller accounted for 27% of sales. In the six months ended April 30, 2025, 7 resellers accounted for 51% of sales, of which 1 reseller accounted for 22% of sales. The Company maintains all the information on their end user customers, and should a reseller discontinue operations, the Company can sell directly to the end user. No reseller has exclusivity in their territory. In the six months ended April 30, 2024, no end user customers were responsible for more than 10% of gross revenue and 27 end user customers were responsible for approximately 50% of gross revenue. In the six months ended April 30, 2025, no end user customers were responsible for more than 10% of gross revenue and 14 end user customers were responsible for approximately 50% of gross revenue. |