Company: NIVFW
Filing Date: 2025-03-07
Form Type: F-1
Source: 0001213900-25-021404
Chunk: 101

Company: NewGenIvf Group Ltd
Filing Date: 2025-03-07
Form: F-1
Chunk 101
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 countries declaring a state of emergency and a number of countries, including the countries in Asian Pacific, imposing extensive travel restrictions. NewGenIvf’s revenue in the year 2021 was significantly adversely affected due to the impact from COVID-19 travel restrictions. In addition, a Chinese crime thriller, No More Bets, which has grossed more than $500 million at the international box office since its August 2023 release and which tells the harrowing story of characters being lured and kidnapped into a violent scam ring in an unnamed Southeast Asian country after accepting lucrative overseas job offers, and the continuing social media coverage may have brought fears and safety concerns to Chinese tourists of being scammed and kidnapped in Thailand and Cambodia. In addition, in October 2023, a 14-year-old with a gun opened fire in a luxury shopping mall in downtown Bangkok, killing two people and injuring five in one of Thailand’s most popular tourist destinations. These conditions may cause NewGenIvf difficulty in attracting clients from the PRC to travel to Thailand, Cambodia and Kyrgyzstan for NewGenIvf’s services, which could materially and adversely affect NewGenIvf’s operations and financial results. Given the uncertainty of the local and global conditions and the countries’ future policy regarding international traveling, all of which are beyond NewGenIvf’s control, NewGenIvf’s results of operation may be materially and adversely affected by any changes in international travelling conditions. Key Components of Results of Operations NewGenIvf’s revenues were derived from two types of services: IVF treatment services and surrogacy and ancillary caring services. Revenue The following table sets forth NewGenIvf’s revenue for the periods indicated.

|          |     | For the Nine Months ended September 
                                 30, |           |     |      |           |
|          |     |                                2024 |           |     | 2023 |           |
|          |     |                                 US$ |           |     |  US$ |           |
| Revenues |     |                                     | 4,159,763 |     |      | 3,616,698 |

The following table sets forth a breakdown of NewGenIvf’s revenue by the types of services, in absolute amounts and as percentages of total revenue, for the periods indicated.

|                               |     | For                         
 the Year ended December 31, |      2023 |     |   |       |     |     |      2022 |     |   |       |
|:------------------------------|