v3.25.1
CONCENTRATION
9 Months Ended
Apr. 30, 2025
CONCENTRATION  
CONCENTRATION

NOTE 8 – CONCENTRATION

 

As of April 30, 2025, and July 31,2024 and for nine months ended April 30, 2025 and 2024, customer and supplier concentrations (more than 10%) were as follows:

 

Revenue and accounts receivable

 

Revenue

 

 

 

Percentage of Revenue

 

 

Percentage of

 

 

 

Nine Months Ended

 

 

Accounts Receivable

 

 

 

April 30

 

 

April 30

 

 

July 31

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Customer A-related party

 

 

59.85%

 

 

-

 

 

 

-

 

 

 

-

 

Customer B

 

 

31.83%

 

 

-

 

 

 

-

 

 

 

-

 

Total (as a group)

 

 

91.68%

 

 

-

 

 

 

-

 

 

 

-

 

 

Discontinue Revenue 

 

On March 1, 2022, the Company entered in a consulting agreement in the field of Healthcare with a monthly fee of $8,333 with First DP Ventures, LP. The services were performed by a member of the Company’s board of directors pursuant to an Employment Contract. The consulting agreement was terminated on March 29, 2024. During the nine months ended April 30, 2024, all discontinued revenue of $66,667 was derived from one customer.

 

Cost of Revenue

 

 

 

Percentage of Purchase

 

 

Percentage of

 

 

 

Nine Months Ended

 

 

Accounts payable for purchase

 

 

 

April 30

 

 

April 30

 

 

July 31

 

 

 

2025

 

 

2024

 

 

2025

 

 

2023

 

Supplier A-related party

 

 

14.95%

 

 

-

 

 

 

12.55%

 

 

-

 

Supplier B

 

 

13.32%

 

 

-

 

 

 

87.45%

 

 

-

 

Supplier C

 

 

36.76%

 

 

-

 

 

 

-

 

 

 

-

 

Supplier D

 

 

16.41%

 

 

-

 

 

 

-

 

 

 

-

 

Total (as a group)

 

 

81.44%

 

 

-

 

 

 

100.00%

 

 

-

 

 

Discontinue Cost of Revenue

 

During the nine ended April 30, 2024, the discontinues cost of revenue of $62,743 was for the payroll expenses related to a member of the Company’s board of directors, who performed the consulting services