v3.26.1
Revenue and Segmented Information
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Revenue and Segmented Information

22. Revenue and Segmented Information

 

The CODM uses gross profit, as reviewed at periodic business review meetings, as the key measure of the operating segment results as it reflects the Company’s underlying performance for the period under evaluation to determine resource allocation. As of December 31, 2025, the Company is organized into the four operating segments, which also represent its four reportable segments: Owned and Operated IP, Agency, SaaS and managed services and Yield.

 

Revenue, cost of sales and gross profit for the Company’s operating and reportable segments, disaggregated into geographic locations, are as follows:

 

Segment  United Kingdom   USA   Spain   Australia   Total 
   Year ended December 31, 2025 
Segment  United Kingdom   USA   Spain   Australia   Total 
Revenue                         
Owned and Operated IP  $-   $12,779,530   $-   $-   $12,779,530 
Agency   1,356,524    16,037,141    5,439,669    3,665,582    26,498,916 
SaaS and managed services   -    1,510,249    3,069,862    -    4,580,111 
Yield   -    1,140,745    -    -    1,140,745 
Total Revenue   1,356,524    31,467,665    8,509,531    3,665,582    44,999,302 
Cost of sales                         
Owned and Operated IP   -    8,160,020    -    -    8,160,020 
Agency   987,233    9,146,455    3,625,804    2,713,931    16,473,423 
SaaS and managed services   -    455,187    395,095    -    850,282 
Yield   -    -    -    -    - 
Total Cost of sales   987,233    17,761,662    4,020,899    2,713,931    25,483,725 
Gross profit                         
Owned and Operated IP   -    4,619,510    -    -    4,619,510 
Agency   369,291    6,890,686    1,813,865    951,651    10,025,493 
SaaS and managed services   -    1,055,062    2,674,767    -    3,729,829 
Yield   -    1,140,745    -    -    1,140,745 
Total Gross profit  $369,291   $13,706,003   $4,488,632   $951,651   $19,515,577 

 

Segment  United Kingdom   USA   Spain   Australia   Total 
   Year ended December 31, 2024 
Segment  United Kingdom   USA   Spain   Australia   Total 
Revenue                                   
Owned and Operated IP  $-   $10,260,462   $-   $-   $10,260,462 
Agency   1,342,578    10,747,244    -    -    12,089,822 
SaaS and managed services   -    2,101,130    3,092,442    -    5,193,572 
Yield   -    -    -    -    - 
Total Revenue   1,342,578    23,108,836    3,092,442    -    27,543,856 
Cost of sales                         
Owned and Operated IP   -    8,246,931    -    -    8,246,931 
Agency   1,052,436    7,848,758    -    -    8,901,194 
SaaS and managed services   -    566,282    375,543    -    941,825 
Yield   -    -    -    -    - 
Total Cost of sales   1,052,436    16,661,971    375,543    -    18,089,950 
Gross profit                         
Owned and Operated IP   -    2,013,531    -    -    2,013,531 
Agency   290,142    2,898,486    -    -    3,188,628 
SaaS and managed services   -    1,534,848    2,716,899    -    4,251,747 
Yield   -    -    -    -    - 
Total Gross profit  $290,142   $6,446,865   $2,716,899   $-   $9,453,906 

 

Management does not evaluate operating segments using discrete asset information. The Company’s consolidated assets are generally shared across, and are not specifically ascribed to, operating and reportable segments.

 

Property and equipment, net, by geographic region, are summarized as follows:

 

   December 31,
2025		   December 31,
2024		 
USA  $70,362   $297,727 
Australia   40,245    - 
United Kingdom   -    1,337 
Spain   3,447    4,886 
Total  $114,054   $303,950