| SEGMENT INFORMATION |
3. SEGMENT INFORMATION
The CODMs review financial information of operating
segments based on internal management report when making decisions about allocating resources and assessing the performance of the Group.
As a result of the assessment made by CODMs, the Group has two reportable segments, including EXTEND from Japan, and other subsidiaries
from Hong Kong and PRC. The Group’s CODMs evaluate performance based on the operating segment’s revenue and their
operating results. The revenue and operating results by segments were as follows:
| | |
For the Year ended
September 30, 2024 | |
| | |
EXTEND | | |
Other subsidiaries | | |
Consolidated | |
| Revenues from external Customers | |
$ | 4,101,865 | | |
$ | 6,187,816 | | |
$ | 10,289,681 | |
| Segment income before tax | |
$ | (1,045,848 | ) | |
$ | 1,196,192 | | |
$ | 150,344 | |
| | |
For the Year ended
September 30, 2023 | |
| | |
EXTEND | | |
Other
subsidiaries | | |
Consolidated | |
| Revenues from external Customers | |
$ | 8,749,200 | | |
$ | 3,984,139 | | |
$ | 12,733,339 | |
| Segment income before tax | |
$ | (435,557 | ) | |
$ | (281,121 | ) | |
$ | (716,678 | ) |
| | |
For the Year ended
September 30, 2022 | |
| | |
EXTEND | | |
Other subsidiaries | | |
Consolidated | |
| Revenues from external Customers | |
$ | 16,515,393 | | |
$ | 5,512,910 | | |
$ | 22,028,303 | |
| Segment income before tax | |
$ | 273,508 | | |
$ | 1,178,825 | | |
$ | 1,452,333 | |
The total assets from continuing operations by
segments as of September 30, 2024, 2023 and 2022 were as follows:
| | |
As of September 30, | |
| | |
2024 | | |
2023 | | |
2022 | |
| Segment assets | |
| | |
| | |
| |
| EXTEND | |
$ | 1,381,124 | | |
$ | 3,638,188 | | |
$ | 3,886,339 | |
| Other subsidiaries | |
| 11,310,403 | | |
| 6,995,325 | | |
| 5,192,892 | |
| Total segment assets | |
$ | 12,691,527 | | |
$ | 10,633,513 | | |
$ | 9,079,231 | |
The property and equipment, net from continuing
operations by segments as of September 30, 2024, 2023 and 2022 were as follows:
| | |
As of September 30, | |
| | |
2024 | | |
2023 | | |
2022 | |
| Property and equipment, net | |
| | |
| | |
| |
| EXTEND | |
$ | 577 | | |
$ | 11,708 | | |
$ | 1,549,102 | |
| Other subsidiaries | |
| 85,230 | | |
| 146,934 | | |
| 203,910 | |
| Total property and equipment, net | |
$ | 85,807 | | |
$ | 158,642 | | |
$ | 1,753,012 | |
The right-of-use assets, net from continuing operations
by segments as of September 30, 2024, 2023 and 2022 were as follows:
| | |
As of September 30, | |
| | |
2024 | | |
2023 | | |
2022 | |
| Right-of-use assets, net | |
| | |
| | |
| |
| EXTEND | |
$ | 91,458 | | |
$ | 116,015 | | |
$ | - | |
| Other subsidiaries | |
| 562,272 | | |
| 508,930 | | |
| - | |
| Total right-of-use assets, net | |
$ | 653,730 | | |
$ | 624,945 | | |
$ | - | |
|