| SCHEDULE OF SEGMENT INFORMATION |
When
evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews the Trading Profit
and Operating Income table below:
SCHEDULE OF SEGMENT INFORMATION
| | |
2026 | | |
2025 | |
| | |
Statements
of Operations | |
| | |
Three
months ended July 31, | |
| | |
2026 | | |
2025 | |
| Net
sales | |
$ | 21,686,262 | | |
$ | 23,910,514 | |
| Cost
of Goods Sold (1) | |
| (16,882,814 | ) | |
| (20,885,641 | ) |
| Gross
Profit | |
| 4,803,448 | | |
| 3,024,873 | |
| Trading
Profit (Loss) (1) | |
| 620,683 | | |
| (769,845 | ) |
| Overhead
(2) | |
| (3,099,801 | ) | |
| (3,350,179 | ) |
| Operating
income | |
$ | 2,324,330 | | |
$ | (1,095,151 | ) |
| | |
2026 | | |
2025 | |
| | |
Statements
of Operations | |
| | |
Nine
months ended July 31, | |
| | |
2026 | | |
2025 | |
| Net
sales | |
$ | 69,378,258 | | |
$ | 68,535,860 | |
| Cost
of Goods Sold (1) | |
| (55,123,851 | ) | |
| (58,133,113 | ) |
| Gross
Profit | |
| 14,254,407 | | |
| 10,402,747 | |
| Trading
Profit (Loss) (1) | |
| 781,729 | | |
| 686,868 | |
| Overhead
(2) | |
| (9,992,569 | ) | |
| (9,705,120 | ) |
| Operating
income | |
$ | 5,043,567 | | |
$ | 1,384,495 | |
| (1) | | Trading
profit is included in cost of goods sold in the condensed consolidated statements of operations. |
| (2) | | Overhead
includes officers’ salaries and selling and administrative expenses included in the condensed consolidated statements of operations. |
|