v3.26.3
Other income
6 Months Ended 12 Months Ended
Dec. 31, 2025
Jun. 30, 2025
Other Income    
Other income
5. Other income

 


  

July 1, 2025 to

December 31, 2025

  

July 1, 2025 to

December 31, 2025

  

July 1, 2024 to

December 31, 2024

 
   US$   S$   S$ 
             
Government grant   19,241    24,742    6,602 
Interest income   4,566    5,872    54,344 
Service income   101,687    130,759    - 
Waiver on acquisition of subsidiary   1,510,615    1,942,500    - 
Other income   1,064,603    1,368,972    296,701 
 Other income   2,700,712    3,472,845    357,647 

 

Other income pertains to the reversal of long-outstanding payables which are no longer considered due. The reversal was made after management confirmed that no obligation remains, as no claims or demands have been received from the creditors.

 

 

Basel Medical Group Ltd and its Subsidiaries

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For the financial period ended December 31, 2025

 

5. Other income

 

   2025   2025   2024 
   US$   S$   S$ 
             
Government grant   60,510    76,962    19,600 
Interest income   63,959    81,350    - 
Service income   27,518    35,000    - 
Other income   1,225,864    1,559,177    385,688 
Reversal of ECL   -    -    55,741 
Other income   1,377,851    1,752,489    461,029 

 

Other income pertains to the reversal of long-outstanding payables which are no longer considered due. The reversal was made after confirming that no obligation remains, as no claims or demands have been received from the creditors.

 

 

Basel Medical Group Ltd. and its Subsidiaries

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For year ended June 30, 2025 and 2024