Company: LHI
Filing Date: 2025-11-20
Form Type: F-1/A
Source: 0001213900-25-112807
Chunk: 116

Company: Living Homeopathy International Ltd.
Filing Date: 2025-11-20
Form: F-1/A
Chunk 116
---
% and 15.8% for the years
ended March 31, 2025 and 2024, respectively. The increase in our effective income tax rate was due to (i) non-deductible expense relating
to IPO related expenses.

Liquidity and Capital Resources

Net current assets

The table below sets forth a breakdown of our current assets and liabilities as of the dates indicated.

| Current assets:                           |     | As of March 31, 
 2025            |           |     | 2024 |           |     | Variance 
 Amount   |            |   |     | % |       |    |
|:------------------------------------------|:----|:----------------|----------:|:----|:-----|----------:|:----|:---------|-----------:|:--|:----|:--|------:|:---|
| Cash and cash equivalents                 |     | $               | 2,494,226 |     | $    | 2,314,926 |     | $        |    179,300 |   |     |   |   7.7 | %  |
| Inventories, net                          |     |                 |   722,709 |     |      | 1,104,863 |     |          |   (382,154 | ) |     |   | (34.6 | )% |
| Prepayments to suppliers                  |     |                 |   530,136 |     |      |   345,698 |     |          |    184,438 |   |     |   |  53.4 | %  |
| Prepaid expenses and other current assets |     |                 |    50,872 |     |      |    86,174 |     |          |    (35,302 | ) |     |   | (41.0 | )% |
| Tax recoverable                           |     |                 |    33,878 |     |      |    14,537 |     |          |     19,341 |   |     |   | 133.0 | %  |
| Total current assets                      |     | $               | 3,831,821 |     | $    | 3,866,198 |     | $        |    (34,377 | ) |     |   |  (0.9 | )% |
| Current liabilities:                      |     |                 |           |