v3.26.1
Revenue
 12 Months Ended
Mar. 31, 2026
Revenue [Abstract]  
REVENUE

Note 3 — Revenue

 

Effective April 1, 2020, the Company adopted ASC Topic 606, Revenue from Contracts with Customers, which replaced ASC Topic 605, using the modified retrospective method of adoption. Results for reporting periods beginning after April 1, 2020 are presented under ASC Topic 606 while prior period amounts are not adjusted and continue to be presented under the Company’s historic accounting under ASC Topic 605. The Company’s accounting for revenues remains substantially unchanged. There were no cumulative effect adjustments made to the contracts in place prior to July 1, 2019. The effect from the adoption of ASC Topic 606 was not material to the Company’s consolidated financial statements. 

 

Revenue is recognized when control of promised goods or services is transferred to the Company’s customers in an amount of consideration to which an entity expects to be entitled to in exchange for those goods or services. Control is the ability to direct the use of and obtain substantially all of the remaining benefits from the specified goods and services.

 

The following table presents the Company’s revenue disaggregated by product categories for the years ended March 31, 2024, 2025 and 2026, respectively:

 

    For the years ended March 31,  
    2024     2025     2026     2026  
    HKD     HKD     HKD     US$  
Sales of products                        
Hair styling series     31,833,932       37,638,290       62,314,053       7,948,221  
Trimmer series     22,684,148       33,613,971       27,774,532       3,542,670  
Eyelash curler     804,863       453,378       512,582       65,380  
Nail care series     1,413,106       1,524,503       1,726,654       220,236  
Other personal care appliances     3,230,238       2,539,484       3,263,678       416,286  
      59,966,287       75,769,626       95,591,499       12,192,793  
                                 
Sales of tooling     7,006,014       2,969,938       2,843,350       362,672  
                                 
Service income                                
Product design and development     –       –       13,960,185       1,780,636  
Project advisory     –       –       7,983,051       1,018,246  
Marketing solutions     –       –       22,251,000       2,838,138  
      –       –       44,194,236       5,637,020  
                                 
Total     66,972,301       78,739,564       142,629,085       18,192,485