| SCHEDULE OF INCOME AND EXPENSES OF THE REPORTABLE SEGMENT |
Additional
details about each of its corporate income and expenses of the reportable segment were set forth below:
SCHEDULE
OF INCOME AND EXPENSES OF THE REPORTABLE SEGMENT
| | |
2025 | | |
2026 | | |
2026 | |
| | |
Six months ended March 31, | |
| | |
2025 | | |
2026 | | |
2026 | |
| | |
HKD | | |
HKD | | |
USD | |
| | |
| | |
| | |
| |
| Revenue from external customers | |
$ | 44,113,766 | | |
$ | 34,108,979 | | |
$ | 4,350,635 | |
| Revenue from related parties | |
| 762,756 | | |
| 652,405 | | |
| 83,215 | |
| Total revenues, net | |
| 44,876,522 | | |
| 34,761,384 | | |
| 4,433,850 | |
| Cost of revenue | |
| (33,248,621 | ) | |
| (33,248,254 | ) | |
| (4,240,849 | ) |
| Gross profit | |
| 11,627,901 | | |
| 1,513,130 | | |
| 193,001 | |
| Sales and distribution expenses | |
| (58,754 | ) | |
| (2,664,400 | ) | |
| (339,847 | ) |
| Share-based compensation | |
| - | | |
| (65,915,850 | ) | |
| (8,407,634 | ) |
| Personnel and benefit costs | |
| (3,405,500 | ) | |
| (3,884,124 | ) | |
| (495,424 | ) |
| Depreciation and amortization | |
| (1,766,896 | ) | |
| (1,709,224 | ) | |
| (218,013 | ) |
| Legal and professional fee | |
| (719,213 | ) | |
| (2,173,633 | ) | |
| (277,249 | ) |
| Allowance for expected credit losses | |
| (4,290 | ) | |
| - | | |
| - | |
| Allowance for obsolete inventories | |
| (51,579 | ) | |
| (51,579 | ) | |
| (6,579 | ) |
| General and administrative expenses | |
| (1,281,392 | ) | |
| (2,035,107 | ) | |
| (259,580 | ) |
| Total operating expenses | |
| (7,287,624 | ) | |
| (78,433,917 | ) | |
| (10,004,326 | ) |
| Income (loss) from operations | |
| 4,340,277 | | |
| (76,920,787 | ) | |
| (9,811,325 | ) |
| | |
| | | |
| | | |
| | |
| Other income (expense): | |
| | | |
| | | |
| | |
| Interest income | |
| 766 | | |
| 435,970 | | |
| 55,608 | |
| Interest expense | |
| (157,753 | ) | |
| (119,483 | ) | |
| (15,240 | ) |
| Gain on lease modification | |
| - | | |
| 218,223 | | |
| 27,835 | |
| Total other (expenses) incomes, net | |
| (156,987 | ) | |
| 534,710 | | |
| 68,203 | |
| | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | |
| Income tax expense | |
| (671,009 | ) | |
| - | | |
| - | |
| | |
| | | |
| | | |
| | |
| SEGMENT PROFIT (LOSS) | |
$ | 3,512,281 | | |
$ | (76,386,077 | ) | |
$ | (9,743,122 | ) |
|
| SCHEDULE OF FINANCIAL INFORMATION CONCERNING GEOGRAPHIC SEGMENTS |
SCHEDULE
OF FINANCIAL INFORMATION CONCERNING GEOGRAPHIC SEGMENTS
| By geographic region | |
2025 | | |
2026 | | |
2026 | |
| | |
Six months ended March 31, | |
| By geographic region | |
2025 | | |
2026 | | |
2026 | |
| | |
HKD | | |
HKD | | |
USD | |
| | |
| | |
| | |
| |
| Western Europe | |
$ | 10,201,197 | | |
$ | 23,328,803 | | |
$ | 2,975,613 | |
| North America | |
| 18,244,158 | | |
| 10,467,454 | | |
| 1,335,134 | |
| Middle East | |
| 1,821 | | |
| 370,099 | | |
| 47,207 | |
| East Asia | |
| 16,429,346 | | |
| 595,028 | | |
| 75,896 | |
| Total | |
$ | 44,876,522 | | |
$ | 34,761,384 | | |
$ | 4,433,850 | |
|