Company: IDVV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008369
Chunk: 24

Company: ModuLink Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 24
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) 
     15,576 
  
    Income tax expense 
     –  
     – 
  
    Net (Loss) / Profit 
    $(286,364) 
    $15,576 

Revenue

During the three months ended
September 30, 2025 and 2024, the following customers accounted for 10% or more of our total net revenues.

    Three months ended 
September 30, 2025  
    Three months ended 
September 30, 2024 
  
    Customer 
    Revenues  
    Percentage of revenues  
    Revenues  
    Percentage of revenues 

    An individual customer based in Hong Kong 
    $375,940  
     98%  
    $–  
     –% 
  
    Zenith (HK) Engineering Limited 
     –  
     –%  
     294,855  
     100% 
  
    Others 
     9,105  
     2%  
     –  
     –% 
  
    Total: 
    $385,045  
     100%  
    $294,855  
     100% 

Revenue was $385,045 for the
three months ended September 30, 2025, compared to $294,855 for the same period in 2024. The increase was primarily attributable to revenue
contributions from the new design and build services project provided to an individual customer in Hong Kong.

 8 

In August 2024, we entered
into a design services management agreement with Zenith (HK) for a total contract sum of HK$4,000,000 (approximately $513,000). Under
this agreement, we provided technical design manpower services for the Sheung Shui Town Lot No. 263 (F0874), Kwu Tung North – Podium
and Tower project. Our scope of work included deploying skilled technical personnel to support design development, project planning, coordination
activities, and close collaboration with Zenith HK’s internal team. This engagement marked a strategic shift toward service-based
offerings that leverage our technical expertise while requiring less capital investment than traditional design and build contracts. The
project was completed as scheduled in June 2025.

In addition, revenue for
the quarter included contributions from a residential design, build, and project management engagement with an individual customer based
in in Hong Kong,