Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 73

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 5
Chunk 73
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                                  (3,376,410      $         (4,899,006      $         (4,263,231  

The
following table summarizes our results of operations for the fiscal years ended March 31, 2025 and 2024, and provides information regarding
the dollar and percentage increase or (decrease) during such periods. This information should be read together with our consolidated
financial statements and related notes included elsewhere in this Form 20-F.

  51  

Comparison
of the Years Ended March 31, 2025 and 2024

Operating
expenses

                                           For the years ended March 31,                                              Variance                             
                                                                    2025                     2024                     Amount                               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Sales and marketing expenses                                                  716,264                1,771,614                    (1,055,350      (59.6  
  General and administrative expenses                                         1,838,740                1,657,879                       180,861       10.9  
  Research and development expenses                                             832,565                1,459,828                      (627,263      (43.0  
  Total                                                                       3,387,569                4,889,321                    (1,501,752      (30.7  

Sales
and marketing expenses

Sales
and marketing expenses primarily consist of marketing expenses incurred for promotion of our app. Our sales and marketing expenses decreased
by approximately $1.1 million, or 59.6% from $1.8 million for the year ended March 31, 2024 to $0.7 million for the year ended March
31, 2025. The decrease was mainly due to decreasing expenditure on conference events sponsorship.

General
and administrative expenses

General
and administrative expenses primarily consist of (i) staff costs consisting of salaries, social insurance, and housing funds for our
personnel in administrative departments, (ii) professional service fees, such as audit fees and legal fees for our daily operations,
(iii) office rental expenses, and (iv) other miscellaneous expenses. Our general and administrative expenses increased by approximately
$0.2 million, or 10.9% from $1.7 million for the year ended March 31, 2024 to $1.8 million for the year ended March 31, 2025. The increase
was primarily due to