Company: MAGH
Filing Date: 2025-05-28
Form Type: F-1
Source: 0001641172-25-012644
Chunk: 240

Company: Magnitude International Ltd
Filing Date: 2025-05-28
Form: F-1
Chunk 240
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 |   |
| Balance at October 31, 2024 (USD)                                       |     |         65,446 |     |        755,857 |     |                               (2,184 | ) |     | (1,395,890 | ) |     |         1,819,844 |   |     |                                          1,243,073 |   |

* Giving retroactive effect to reflect the reorganization and issuance of ordinary shares which are detailed in Note 1.

*** 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 Say Wei who is the sole shareholder of BNL. As a result, BNL’s share capital is SGD500,000 as at October 31, 2023.

<div align='center'>The accompanying notes are an integral part of these unaudited interim condensed

consolidated financial statements.</div>

| F-48 |

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

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE SIX MONTHS ENDED OCTOBER 31, 2023 AND 2024</div>

|                                                                                          |     | Note |     |    October 
  31,  2023 |   |     |   October 
 31,  2024 |   |     |   October 
 31,  2024 |   |
|:-----------------------------------------------------------------------------------------|:----|-----:|:----|-----------:|:--|:----|----------:|:--|:----|----------:|:--|
|                                                                                          |     |      |     |        SGD |   |     |       SGD |   |     |       USD |   |
| Cash flows from operating activities                                                     |     |      |     |            |   |     |           |   |     |           |   |
| Profit before income tax                                                                 |     |      |     |    925,498 |   |     |   198,152 |   |     |   149,775 |   |
| Adjustments for:                                                                         |     |      |     |            |   |     |           |   |     |           |   |
| Fair value changes on