| BUSINESS SEGMENT |
NOTE – 4 BUSINESS SEGMENT
During the years ended March 31, 2026 and 2025,
the Company managed and operated its business into two reportable business segments:
| – |
Art and collectibles segment |
Provision of sales of art and collectibles |
| – |
Technical consultancy segment |
Provision of technical consultancy services |
The CODM assesses segment financial performance
by reviewing segment revenue and segment operating income. The CODM will make decisions to allocate resources based on the review of monthly,
quarterly, and annual financial information categorized by segment. The financial information is presented to the CODM using actual-to-actual
results and budget-to-actual results.
The CODM evaluates performance and allocates resources
to the segments, based on operating results. Adjustments to reconcile segment results with consolidated results are included in the caption
“Corporate,” which primarily includes unallocated corporate activity.
Summarized below is the information about the
Company’s operating results by reporting segments for the years:
| Schedule of reporting segments | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| | |
Years ended March 31, | |
| | |
Art and collectibles segment | | |
Technical
consultancy services segment | | |
Corporate | | |
Consolidated | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Revenues, net | |
$ | 773,062 | | |
$ | – | | |
$ | 57,600 | | |
$ | 76,921 | | |
$ | – | | |
$ | – | | |
$ | 830,662 | | |
$ | 76,921 | |
| Cost of revenues | |
| (691,512 | ) | |
| – | | |
| (34,560 | ) | |
| (46,152 | ) | |
| – | | |
| – | | |
| (726,072 | ) | |
| (46,152 | ) |
| Gross profit | |
| 81,550 | | |
| – | | |
| 23,040 | | |
| 30,769 | | |
| – | | |
| – | | |
| 104,590 | | |
| 30,769 | |
| Operating expenses | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Amortization | |
| (1,488 | ) | |
| (4,308 | ) | |
| – | | |
| (2,254 | ) | |
| – | | |
| – | | |
| (1,488 | ) | |
| (6,562 | ) |
| Depreciation | |
| (1,063 | ) | |
| – | | |
| – | | |
| (1,296 | ) | |
| – | | |
| – | | |
| (1,063 | ) | |
| (1,296 | ) |
| Salaries and wages | |
| (64,618 | ) | |
| (11,570 | ) | |
| – | | |
| – | | |
| – | | |
| – | | |
| (64,618 | ) | |
| (11,570 | ) |
| Professional fees | |
| (67 | ) | |
| – | | |
| – | | |
| – | | |
| (87,355 | ) | |
| (68,480 | ) | |
| (87,422 | ) | |
| (68,480 | ) |
| Other general and administrative | |
| (32,305 | ) | |
| (29,619 | ) | |
| (34,706 | ) | |
| (417,053 | ) | |
| (2,067,167 | ) | |
| (68,926 | ) | |
| (2,134,178 | ) | |
| (515,598 | ) |
| Operating loss | |
| (17,991 | ) | |
| (45,497 | ) | |
| (11,666 | ) | |
| (389,834 | ) | |
| (2,154,522 | ) | |
| (137,406 | ) | |
| (2,184,179 | ) | |
| (572,737 | ) |
| Total other incomes (expenses), net | |
| – | | |
| – | | |
| – | | |
| (48,888 | ) | |
| – | | |
| 2,569,717 | | |
| – | | |
| 2,520,829 | |
| Income tax expense | |
| – | | |
| – | | |
| – | | |
| – | | |
| – | | |
| – | | |
| – | | |
| – | |
| Segment profit (loss) | |
$ | (17,991 | ) | |
$ | (45,497 | ) | |
$ | (11,666 | ) | |
$ | (438,722 | ) | |
$ | (2,154,522 | ) | |
$ | 2,432,311 | | |
$ | (2,184,179 | ) | |
$ | 1,948,092 | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| | |
Collectibles segment | | |
Technical
consultancy services segment | | |
Corporate | | |
Consolidated | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Property and equipment, net | |
$ | 8,374 | | |
$ | – | | |
$ | – | | |
$ | – | | |
$ | – | | |
$ | – | | |
$ | 8,374 | | |
$ | – | |
| Intangible assets, net | |
$ | 12 | | |
$ | 1,507 | | |
$ | – | | |
$ | – | | |
$ | – | | |
$ | – | | |
$ | 12 | | |
$ | 1,507 | |
| Total Assets | |
$ | 278,251 | | |
$ | 2,912 | | |
$ | 1,965 | | |
$ | 1,012 | | |
$ | – | | |
$ | – | | |
$ | 280,216 | | |
$ | 3,924 | |
|