v3.25.3
Consolidated Statements of Cash Flows
12 Months Ended
Apr. 30, 2025
USD ($)
Apr. 30, 2025
SGD ($)
Apr. 30, 2024
SGD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (3,934,994) $ (5,137,064) $ (2,359,844)
Adjustments to reconcile net loss to net cash (used in) operating activities:      
Impairment of loan receivables 937,284 1,223,608
Fixed assets written off 16,929
Depreciation 143,214 186,963 176,713
Operating lease expenses 109,286 142,670 136,781
Change in operating assets and liabilities:      
Account receivables 286,642 374,205 135,614
Contract assets 18,827
Other current assets (57,637) (75,244) 71,491
Inventories (93,777) (122,423) (36,061)
Accounts payable (153,183) (199,977) 202,814
Accruals and other payables 73,962 96,556 198,001
Contract liabilities (33,951)
Operating lease obligations (109,286) (142,670) (136,781)
Net cash used in operating activities (2,798,489) (3,653,376) (1,609,467)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of equipment (184,003) (240,212) (121,318)
Loan to third party (117,432) (153,306) (1,530,982)
Receipt from loan to third party 46,480 60,680
Net cash used in investing activities (254,955) (332,838) (1,652,300)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayment of bank loans (337,384) (440,455) (143,483)
Proceeds from share issuance 195,480 255,195 8,117,201
Loan from major shareholder 1,991,600 2,600,000 636,127
Repayment to major shareholder (258,395) (337,330) (2,865,374)
Deferred offering cost (208,818) (272,608) (224,694)
Net cash provided by financing activities 1,382,483 1,804,802 5,519,777
Translation loss (876) (1,143)
Net change in cash and cash equivalents (1,671,837) (2,182,555) 2,258,010
Cash and cash equivalents - beginning of year 1,771,074 2,312,107 54,097
Cash and cash equivalents - end of year 99,237 129,552 2,312,107
SUPPLEMENTAL CASH FLOW INFORMATION:      
Cash paid for interest 6,483 8,463 43,543
New shares issued with consideration receivable $ 28,534 $ 37,251 $ 37,251