v3.26.3
SEGMENT INFORMATION
 12 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION

13. SEGMENT INFORMATION

 

ASC 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about services categories, business segments and major customers in financial statements. The Company has two reportable segments based on business unit, investment holding and wellness and beauty services and three reportable segments based on country, Nevada, Seychelles and Hong Kong.

 

The Company adopted the ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses.

 

In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision maker has been identified as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in economic characteristics; nature of products and services; and procurement, manufacturing and distribution processes.

 

 

VANGUARD GREEN INVESTMENT LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED JULY 31, 2026 AND 2025

(Currency expressed in United States Dollars (“US$”), except for number of shares)

 

   Investment holding  

Wellness and

beauty services

   Total 
By Business Unit  For the year ended July 31, 2026 
   Investment holding  

Wellness and

beauty services

   Total 
             
Revenue  $-   $-   $- 
Cost of revenue   -    -    - 
Other income   -    -    - 
General and administrative expenses   (91,455)   (1,636)   (93,091)
Finance cost   (5,156)   -    (5,156)
Net loss before taxation   (96,611)   (1,636)   (98,247)
                
Total assets  $15,976   $54   $16,030 

 

   Nevada   Seychelles   Hong Kong   Total 
By Country  For the year ended July 31, 2026 
   Nevada   Seychelles   Hong Kong   Total 
                 
Revenue  $-   $-   $-   $- 
Cost of revenue   -    -    -    - 
Other income   -    -    -    - 
General and administrative expenses   (89,855)   (1,600)   (1,636)   (93,091)
Finance cost   (5,156)   -    -    (5,156)
Net loss before taxation   (95,011)   (1,600)   (1,636)   (98,247)
                     
Total assets  $15,975   $1   $54   $16,030 

 

   Investment holding  

Wellness and

beauty services

   Total 
By Business Unit  For the year ended July 31, 2025 
   Investment holding  

Wellness and

beauty services

   Total 
             
Revenue  $-   $-   $- 
Cost of revenue   -    -    - 
Other income   -    5    5 
General and administrative expenses   (62,436)   (3,484)   (65,920)
Finance cost   (10,863)   -    (10,863)
Net loss before taxation   (73,299)   (3,479)   (76,778)
                
Total assets  $15,166   $92   $15,258 

 

   Nevada   Seychelles   Hong Kong   Total 
By Country  For the year ended July 31, 2025 
   Nevada   Seychelles   Hong Kong   Total 
                 
Revenue  $-   $-   $-   $- 
Cost of revenue   -    -    -    - 
Other income   -    -    5    5 
General and administrative expenses   (60,836)   (1,600)   (3,484)   (65,920)
Finance cost   (10,863)   -    -    (10,863)
Net loss before taxation   (71,699)   (1,600)   (3,479)   (76,778)
                     
Total assets  $15,165   $1   $92   $15,258