| Schedule of Geographic Allocation |
Total revenue for reportable segments equals consolidated
revenue for the Group. Segment (loss)/profit is defined as net profit or loss of each operating segment excluding the unallocated overhead
cost.
| | |
IFM
services | | |
Manpower
outsourcing services | | |
Other
services | | |
Unallocated | | |
Total | |
| | |
USD | | |
USD | | |
USD | | |
USD | | |
USD | |
| 2025 | |
| | |
| | |
| | |
| | |
| |
| Segment revenue | |
| 32,848,979 | | |
| 22,984,405 | | |
| 1,411,783 | | |
| - | | |
| 57,245,167 | |
| Cost | |
| (28,511,230 | ) | |
| (19,812,368 | ) | |
| (1,024,068 | ) | |
| - | | |
| (49,347,666 | ) |
| Other income | |
| 895,250 | | |
| 240,029 | | |
| 167,148 | | |
| 132,709 | | |
| 1,169,718 | |
| Selling and marketing expenses | |
| (96,322 | ) | |
| (221,061 | ) | |
| (148,853 | ) | |
| (2,264,799 | ) | |
| (2,731,035 | ) |
| General and administrative expenses | |
| (6,669,472 | ) | |
| (2,505,976 | ) | |
| (1,525,382 | ) | |
| (8,978,973 | ) | |
| (19,679,803 | ) |
| Impairment loss on intangible asset | |
| (4,063,000 | ) | |
| - | | |
| - | | |
| - | | |
| (4,063,000 | ) |
| Impairment loss on goodwill | |
| - | | |
| - | | |
| (5,551,429 | ) | |
| - | | |
| (5,551,429 | ) |
| Other expenses | |
| (40,458 | ) | |
| (16,450 | ) | |
| (293 | ) | |
| - | | |
| (57,201 | ) |
| Change in fair value of investment property | |
| - | | |
| - | | |
| 38,296 | | |
| - | | |
| 38,296 | |
| Change in fair value of warrant liability | |
| - | | |
| - | | |
| - | | |
| 2,383,178 | | |
| 2,383,178 | |
| Finance cost | |
| (868,609 | ) | |
| (141,688 | ) | |
| (1,200 | ) | |
| (17,290 | ) | |
| (1,028,787 | ) |
| Income tax expenses | |
| 65,411 | | |
| (13,185 | ) | |
| (13,462 | ) | |
| | | |
| (38,764 | ) |
| Segment
profit/(loss) | |
| (6,439,450 | ) | |
| 513,706 | | |
| (6,647,460 | ) | |
| (9,010,593 | ) | |
| (21,583,798 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2024 | |
| | | |
| | | |
| | | |
| | | |
| | |
| Segment revenue | |
| 23,340,627 | | |
| 17,762,762 | | |
| - | | |
| - | | |
| 41,103,389 | |
| Cost | |
| (20,827,165 | ) | |
| (15,017,771 | ) | |
| - | | |
| - | | |
| (35,844,936 | ) |
| Other income | |
| 912,296 | | |
| 788,216 | | |
| - | | |
| - | | |
| 1,700,512 | |
| Selling and marketing expenses | |
| (117,893 | ) | |
| (155,489 | ) | |
| - | | |
| (436,828 | ) | |
| (710,210 | ) |
| General and administrative expenses | |
| (728,730 | ) | |
| (919,471 | ) | |
| - | | |
| (8,741,509 | ) | |
| (10,389,710 | ) |
| Other expenses | |
| (32,635 | ) | |
| (1,922 | ) | |
| - | | |
| - | | |
| (34,557 | ) |
| Finance cost | |
| (325,587 | ) | |
| (105,160 | ) | |
| - | | |
| (688 | ) | |
| (431,435 | ) |
| Change in fair value of warrant liability | |
| - | | |
| - | | |
| - | | |
| 38,363 | | |
| 38,363 | |
| Income tax expenses | |
| (38,054 | ) | |
| (237,860 | ) | |
| - | | |
| - | | |
| (275,914 | ) |
| Segment
profit/(loss) | |
| 2,182,859 | | |
| 2,113,305 | | |
| - | | |
| (9,140,662 | ) | |
| (4,844,498 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2023 | |
| | | |
| | | |
| | | |
| | | |
| | |
| Segment revenue | |
| 18,565,897 | | |
| 13,206,389 | | |
| - | | |
| - | | |
| 31,772,286 | |
| Cost | |
| (17,156,622 | ) | |
| (10,963,884 | ) | |
| - | | |
| - | | |
| (28,120,506 | ) |
| Other income | |
| 1,212,231 | | |
| 618,668 | | |
| - | | |
| - | | |
| 1,830,899 | |
| Selling and marketing expenses | |
| (46,188 | ) | |
| (145,394 | ) | |
| - | | |
| - | | |
| (191,582 | ) |
| General and administrative expenses | |
| (904,227 | ) | |
| (606,278 | ) | |
| - | | |
| (2,335,862 | ) | |
| (3,846,367 | ) |
| Other expenses | |
| (14,214 | ) | |
| (13,567 | ) | |
| - | | |
| - | | |
| (27,781 | ) |
| Finance cost | |
| (160,662 | ) | |
| (58,086 | ) | |
| - | | |
| (109,862 | ) | |
| (328,610 | ) |
| Income tax expenses | |
| (133,672 | ) | |
| (90,630 | ) | |
| - | | |
| - | | |
| (224,302 | ) |
| Segment
profit/(loss) | |
| 1,362,543 | | |
| 1,947,218 | | |
| - | | |
| (2,445,724 | ) | |
| 864,037 | |
|
| Schedule of Segment Assets and Liabilities |
Segment
assets and liabilities
| | |
IFM
services | | |
Manpower
outsourcing services | | |
Other
services | | |
Unallocated | | |
Total | |
| | |
USD | | |
USD | | |
USD | | |
USD | | |
USD | |
| 2025 | |
| | |
| | |
| | |
| | |
| |
| Total assets | |
13,738,045 | | |
13,340,845 | | |
7,156,405 | | |
106,306 | | |
34,341,601 | |
| Total
liabilities | |
| 13,944,319 | | |
| 2,398,246 | | |
| 1,307,519 | | |
| 3,081,799 | | |
| 20,731,883 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2024 | |
| | | |
| | | |
| | | |
| | | |
| | |
| Total
assets | |
| 2,896,892 | | |
| 8,022,029 | | |
| - | | |
| 4,450,471 | | |
| 15,369,392 | |
| Total
liabilities | |
| 5,608,602 | | |
| 2,684,509 | | |
| - | | |
| 881,706 | | |
| 9,174,817 | |
|