v3.26.1
SEGMENT INFORMATION
 12 Months Ended
Mar. 31, 2026
SEGMENT INFORMATION  
SEGMENT INFORMATION

NOTE 18 – SEGMENT INFORMATION

 

The Company’s chief executive officer is its chief operating decision maker ("CODM"). The CODM evaluates Bomie and Wookoo separately and uses profit or loss before income taxes to allocate resources and assess performance. Corporate costs and consolidation adjustments are not an operating segment and are included in the reconciliation column below.

 

For the year ended March 31, 2026

 

Bomie

 

 

Wookoo

 

 

Corporate

 

 

Consolidated

 

Revenue

 

$9,942,013

 

 

$4,660,356

 

 

 

-

 

 

$14,602,369

 

Cost of revenue

 

 

9,728,127

 

 

 

2,459,566

 

 

 

-

 

 

 

12,187,693

 

Operating expenses

 

 

94,276

 

 

 

1,788,206

 

 

 

3,907,094

 

 

 

5,789,576

 

Goodwill impairment

 

 

6,563,746

 

 

 

-

 

 

 

-

 

 

 

6,563,746

 

Asset impairment

 

 

3,225,428

 

 

 

-

 

 

 

1,500,000

 

 

 

4,725,428

 

Profit (loss) before income taxes

 

$(9,671,113)

 

$412,361

 

 

$(5,217,453)

 

$(14,476,205)

Total assets

 

$452,169

 

 

$1,166,749

 

 

$35,249,476

 

 

$36,868,394

 

 

The Corporate / eliminations column includes holding-company activities, acquisition-accounting adjustments, impairment charges recorded in consolidation and intercompany eliminations. Substantially all the fiscal year 2026 revenue was generated in the United States.