Company: MAGH
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001641172-25-020173
Chunk: 185

Company: Magnitude International Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 185
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 to Mr. Lim who is the sole shareholder of Herlin. As a result, Herlin’s share capital is SGD500,000 as at April 30, 2023.

*** BNL has a share capital of SGD250,000 as at April 30, 2023. On October 31, 2023, BNL’s share capital was increased by SGD250,000 through the issuance of new shares to Mr. Lim who is the sole shareholder of BNL. As a result, BNL’s share capital is SGD500,000 as at April 30, 2024.

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements</div>

| F-5 |

<div align='center'>MAGNITUDE INTERNATIONAL LTD AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED APRIL 30, 2023 AND 2024</div>

|                                                                                          |     | Note |     |      April 
   30, 2023 |   |     |      April 
   30, 2024 |   |     |      April 
   30, 2024 |   |
|:-----------------------------------------------------------------------------------------|:----|-----:|:----|-----------:|:--|:----|-----------:|:--|:----|-----------:|:--|
|                                                                                          |     |      |     |        SGD |   |     |        SGD |   |     |        USD |   |
| Cash flows from operating activities                                                     |     |      |     |            |   |     |            |   |     |            |   |
| Profit before income tax                                                                 |     |      |     |    821,266 |   |     |  2,023,322 |   |     |  1,483,809 |   |
| Adjustments for:                                                                         |     |      |     |            |   |     |            |   |     |            |   |
| Fair value changes on financial assets at fair value through profit or loss              |     |      |     |     (5,247 | ) |     |     (7,280 | ) |     |     (5,339 | ) |
| Unrealized foreign exchange difference                                                   |     |      |     |      3,716 |   |     |       (413 | ) |     |       (303 | ) |
|