v3.26.1
REVENUE AND OTHER INCOME
 6 Months Ended
Mar. 31, 2026
Notes and other explanatory information [abstract]  
REVENUE AND OTHER INCOME

5. REVENUE AND OTHER INCOME

 

  a) Revenue comprises the fair value of the consideration received or receivable for the sale of goods.
     
    An analysis of the Company’s revenue and other income is as follows:

 

   2026   2025 
   For the six months ended March 31, 
   2026 (Unaudited)   2025 (Unaudited) 
   USD’000   USD’000 
Revenues          
Business management and consulting   471    272 
Livestreaming ecommerce   29,379    48,453 
Other   54    - 
           
Total revenues   29,904    48,725 
           
Other income          
Interest income   6    23 
Tax subsidies   1,298    1,030 
Write-back of payable   692    - 
Other income   69    165 
           
Total other income   2,065    1,218 

 

  b) Segment reporting

 

The Company identifies operating segments and prepares segment information based on the regular internal financial information reported to the Chief Executive Officer and executive directors, who are the Company’s chief operating decision makers for their decisions about the allocation of resources to the Company’s business components and for their review of the performance of those components.

 

All of the Company’s operations are considered by the chief operating decision makers to be aggregated into two reportable operating segments: 1) the provision of livestreaming ecommerce industry which was acquired as part of a strategic transformation towards trending technology businesses in China to mitigate the challenging conditions in the real estate market in China, and associated industries like the Company’s legacy ceramic tile business, and (2) business management and consulting. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the Company’s chief operating decision makers in deciding how to allocate resources and in assessing performance.

 

The business of the Company is engaged entirely in the PRC. The Chief Executive Officer and executive directors regularly review the Company’s business as one geographical segment.

 

 

The following table shows the Company’s operations by business segment for the six months ended March 31, 2026 and 2025.

 

   2026   2025 
   For the six months ended March 31, 
   2026 (Unaudited)   2025 (Unaudited) 
   USD’000   USD’000 
Revenues          
Business management and consulting  $471   $272 
Livestreaming ecommerce   29,379    48,453 
Other   54    - 
Total revenues   29,904    48,725 
           
Cost of goods sold          
Business management and consulting   77    60 
Livestreaming ecommerce   28,543    47,428 
Total cost of goods sold   28,620    47,488 
           
Operating costs and expenses          
Business management and consulting   224    153 
Livestreaming ecommerce   1,304    1,515 
Other   4,123    4,301 
Total operating costs and expenses   5,651    5,969 
           
Other expense          
Business management and consulting   24    - 
Livestreaming ecommerce   263    - 
Other   -    273 
Total other expense   287    273 
           
Other income          
Business management and consulting   1    7 
Livestreaming ecommerce   1,996    1,184 
Other   68    27 
Total other income   2,065    1,218 
           
Loss from operations          
Business management and consulting   147    66 
Livestreaming ecommerce   1,265    694 
Other   (4,001)   (4,547)
Loss from operations  $(2,589)  $(3,787)

 

 

   As of
March 31, 2026 (Unaudited)		   As of
September 30, 2025		 
   USD’000   USD’000 
Segment assets          
Business management and consulting/software   21,170    20,205 
Livestreaming ecommerce   6,199    4,004 
Others   12,851    12,899 
Total assets   40,220    37,108