v3.26.1
Segments information
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segments information

Note 21 – Segments information

 

Upon adoption of the ASU 2023-07 on January 1, 2024, below disclosure and presentation have been retrospectively amended.

 

The Company’s operating segments have been identified based on the way management organizes the business by the nature of services provided to customers and how the Chief Operating Decision Maker (“CODM”) manages the business and allocates resources. The CODM for the Company is its Chief Executive Officer. The accounting policies applied to each segment are consistent with those described in the summary of significant accounting policies. Intersegment sales and transfers are accounted for as if the transactions were made with third parties, using current market prices.

 

The CODM evaluates the performance of reportable segments and allocates resources primarily based on segment profit (loss). Segment profit (loss) represents segment revenue less directly attributable and allocated cost of revenue and operating expenses. Segment profit (loss) is the primary measure used by the CODM and is determined in a manner consistent with the measurement principles used in preparing the consolidated financial statements in accordance with ASC 280-10-50-28A. The CODM does not evaluate the performance of segments using asset information. As such, the Company does not allocate assets to its reportable segments.

 

 

EUDA HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

(In U.S. dollars, unless stated otherwise)

 

Segment profit (loss) excludes certain corporate-level expenses and non-operating items that are not allocated to the reportable segments. These items primarily include professional fees, loss on debt settlement, change in fair value of prepaid forward purchase liabilities, loss on settlement of prepaid forward contracts, and other corporate expenses managed on a consolidated basis. Such amounts are presented as reconciling items to consolidated net loss before income taxes. As a result, consolidated net loss before income taxes includes these unallocated corporate-level and non-operating items that are excluded from segment profit (loss), which gives rise to the difference between total segment profit (loss) and consolidated net loss before income taxes.

 

The CODM uses segment profit (loss) in the annual budgeting and forecasting process to allocate capital, marketing expenditures, and personnel resources among the property management services and holistic wellness consumer products and services. The CODM reviews segment profit (loss) on a regular basis, including comparisons of budgeted results to actual results, to evaluate margin performance, cost efficiency, and profitability trends within each segment. Segment profit (loss) is also used to compare the relative operating performance of the reportable segments in making decisions regarding expansion initiatives, product strategy, sales focus, and operational investments.

 

The Company has identified its operating segments based on the internal financial information reviewed by the CODM to assess performance and allocate resources. The Company’s operating segments are organized primarily based on the nature of products sold and services provided. Based on the aggregation criteria in ASC 280, the Company has determined that it has two reportable segments: property management services and holistic wellness consumer products and services.

The following tables summarize the Company’s segment information for the years ended December 31, 2025, 2024 and 2023:

 

             
  

For the Year Ended

December 31,

2025

 
   Property management
services		  

Holistic wellness consumer
products and

services

   Total 
Revenue from external customers  $4,367,584   $2,452,680   $6,820,264 
                
Less:               
Cost of revenue   3,390,367    437,098    3,827,465 
Salary Expense   324,682    812,089    1,136,771 
Bad debt expense   4,050    -    4,050 
Impairment loss on long-lived assets   

 

    

37,480

    37,480 
Other segment items   495,012     2,273,902    2,768,914 
Segment profits (loss)   153,473    (1,030,592)   (954,416)
                
Reconciliation of segment profits (loss)               
Less: Unallocated amounts               
Professional fees             1,723,632 
Other corporate expenses             47,727 
Net loss before income taxes             (2,725,775)

 

 

EUDA HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

(In U.S. dollars, unless stated otherwise)

 

             
  

For the Year Ended

December 31,

2024

 
   Property management
services		   Holistic wellness consumer
products and services		   Total 
             
Revenue from external customers  $3,921,982   $89,023   $4,011,005 
                
Less:               
Cost of revenue   3,214,862    33,988    3,248,850 
Salary Expense   680,792    114,145    794,937 
Impairment loss on long-lived assets   -    14,755,560    14,755,560 
Bad debt expense   -    44,885    44,885 
Other segment items   214,442    573,029    787,471 
Segment loss   (188,114)   (15,432,584)   (15,620,698)
                
Reconciliation of segment loss               
Less: Unallocated amounts               
Professional fees             1,282,865 
Loss on debt settlement             448,000 
Other corporate expenses             290,599 
Net loss before income taxes             (17,642,162)

 

             
  

For the Year Ended

December 31,

2023

 
   Property management
services		   Holistic wellness consumer
products and services		   Total 
             
Revenue from external customers  $3,706,458   $-   $3,706,458 
                
Less:               
Cost of revenue   2,864,383    -    2,864,383 
Salary Expense   749,437    -    749,437 
Bad debt expense   2,463    -    2,463 
Other Segment items   223,452    -    223,452 
Segment loss   (133,277)   -    (133,277)
                
Reconciliation of segment loss               
Less: Unallocated amounts               
Professional fees             2,364,263 
Change in fair value of prepaid forward purchase liabilities             1,303,658 
Loss on settlement of prepaid forward contracts             2,635,816 
Other corporate expenses             1,997,767 
Net loss before income taxes             (8,434,781)

 

 

EUDA HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

(In U.S. dollars, unless stated otherwise)

 

Other Significant Items:

                 
   For the Year Ended December 31, 2025 
  

Property management

services

  

Holistic wellness consumer

products and services

   Others   Total 
Interest expense  $24,289   $4,558   $250,398   $257,385 
Depreciation and amortization  $2,821   $38,732   $153,656   $195,209 
Capital expenditure  $104,450   $-   $-   $104,450 

 

                 
   For the Year Ended December 31, 2024 
   Property management
services		   Holistic wellness consumer
products and services		   Unallocated   Total 
Interest expense  $2,137   $10,440   $32,313   $44,890 
Depreciation and amortization  $139,987   $13,058   $20,172   $173,217 
Capital expenditure  $-   $113,603   $2,427   $116,030 

 

                 
   For the Year Ended December 31, 2023 
   Property management
services		   Holistic wellness consumer
products and services		   Unallocated   Total 
Interest expense  $2,584   $-   $20,641   $23,225 
Depreciation and amortization  $119,348   $-   $-   $119,348 
Capital expenditure  $-   $-   $-   $- 

 

Disaggregated information of revenues by regions are as follows:

 

             
   For the Years Ended December 31, 
   2025   2024   2023 
             
Singapore  $4,827,569   $3,921,982   $3,706,458 
Malaysia   1,992,695    89,023    - 
Total  $6,820,264   $4,011,005   $3,706,458