Company: EUDAW
Filing Date: 2025-09-24
Form Type: 20-F/A
Source: 0001493152-25-014808
Chunk: 26

Company: EUDA Health Holdings Ltd
Filing Date: 2025-09-24
Form: 20-F/A
Chunk 26
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The Company carries out its Wellness Membership Program, where customers pay a fixed fee to access ongoing wellness benefits, including services, discounts, and therapy session entitlements, over a defined membership term. The primary performance obligation is providing continuous access to wellness services and related benefits throughout the membership period. Customers consume the benefits progressively over time as they utilize the services and privileges under the membership. Revenues are recognized over time throughout the membership term as the Company satisfies its performance obligation by making the wellness products and services available to members.

The Company has elected to apply the practical expedient to expense costs as incurred for incremental costs to obtain a contract when the amortization period would have been one year or less. As of December 31, 2024 and 2023, the Company did not have any contract assets.

| F-17 |

EUDA HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

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

The Company recognized advance payments from its customer prior to revenue recognition as contract liability until the revenue recognition performance obligation are met. As of December 31, 2024 and 2023, the Company recorded $ 477,916and $ 0of contract liabilities.

Disaggregated information of revenues by products/services are as follows:

Schedule of disaggregated information of revenues

|                                                               |     | For the Years Ended | December 31,  2024 |     |   | December 31, 2023 |     |   | December 31, 2022 |
|:--------------------------------------------------------------|:----|:--------------------|-------------------:|:----|:--|------------------:|:----|:--|------------------:|
| Property management service:                                  |     |                     |                    |     |   |                   |     |   |                   |
| Property management service – common area management          |     | $                   |          2,870,912 |     | $ |         2,628,073 |     | $ |         2,919,335 |
| Property management service – security management             |     |                     |          1,051,070 |     |   |         1,078,385 |     |   |           844,960 |
| Total property management service revenue                     |     |                     |          3,921,982 |     | $ |         3,706,458 |     | $ |         3,764,295