| SEGMENT INFORMATION |
Note 21 — SEGMENT INFORMATION The Company applies ASC 280, Segment Reporting, in determining its reportable segments. The Company manages its business under one operating segment and does not allocate its assets to different reporting segments for management reporting purposes. The following table presents significant expense categories for the years ended March 31, 2024, 2025 and 2026. | | | March 31 | | | | | 2024 | | | 2025 | | | 2026 | | | 2026 | | | | | S$ | | | S$ | | | S$ | | | US$ | | | Revenue | | | 41,353,555 | | | | 43,796,144 | | | | 51,263,918 | | | | 39,737,227 | | | Cost of sales | | | (26,645,034 | ) | | | (29,057,985 | ) | | | (34,774,738 | ) | | | (26,955,638 | ) | | Gross profit | | | 14,708,521 | | | | 14,738,159 | | | | 16,489,180 | | | | 12,781,589 | | | Payroll expense | | | (5,461,072 | ) | | | (6,511,571 | ) | | | (7,101,007 | ) | | | (5,504,346 | ) | | Retail outlets related expenses | | | (1,198,434 | ) | | | (1,683,253 | ) | | | (1,831,427 | ) | | | (1,419,630 | ) | | Other segment expenses* | | | (4,693,606 | ) | | | (4,305,470 | ) | | | (3,965,461 | ) | | | (3,073,827 | ) | | Net income | | | 3,355,409 | | | | 2,237,865 | | | | 3,591,285 | | | | 2,783,786 | | | * | Other segment expenses include research and development expenses, selling and marketing expenses and general and administrative expenses other than payroll expense and retail outlets related expenses. |
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