Company: NUTR
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024295
Chunk: 54

Company: NUSATRIP Inc
Filing Date: 2025-08-15
Form: 424B3
Chunk 54
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2023, with a decrease of 35.61% or $476,141 due to temporary ordering disruption for system
upgrading and enhancement. Revenue on advertisement contributed 24.60% or $290,675 for the year ended December 31, 2024, with a
decrease of 54.58% or $349,272 as compared to $639,947 for the year ended December 31, 2023, due to lesser demand during the year.
On the other hand, revenue generated from the hotel reservation accounted for 1.43% and 7.81% of our total revenue for the year
ended December 31, 2024 and 2023, respectively, with a decrease of 90.62% or $163,314 as a result of strong competitive pricing
environment. Revenue from ancillary is mainly from travel related service such as travel insurance, refund margin, car rental and
train ticketing, which decrease $133,532 or 95.43% to $6,389 for the year ended December 31, 2024 from $139,921 for the year ended
December 31, 2023 due to the drop of refund margin for air ticket. The decrease of hotel technology platform software service of
$3,656 or 34.84%, to $6,837 for the year ended December 31, 2024 from $10,493 for the year ended December 31, 2023 is due to the
dropping of Vietnam hotel technology platform software service subscription earned from local hotel for local cross-border
traveler.

Cost of Revenue

For the year ended December 31, 2024, our
cost of revenue is hotel technology platform software service subscription, decreased by $24,757 or 58.22% to $17,769, as compared
to $42,526 for the year ended December 31, 2023. The decrease is due to termination of some high software cost.

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Gross Profit

For the year ended December 31, 2024, our
gross profit decreased by $1,101,158 or 48.61% to $1,163,977, as compared to $2,265,135 for the year ended December 31, 2023. Gross
profit margin of 98.50% for the year ended December 31, 2024 was increased by 0.34%, as compared to gross profit margin