Company: LHI
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001213900-25-014190
Chunk: 109

Company: Living Homeopathy International Ltd.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 109
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 revenue from sales of this category. Gross margin was 74.7% for fiscal year 2024, which was slightly higher than 74.5% for fiscal year 2023. It was mainly attributable to relative increase in sales of homeopathic remedies with a higher gross profit margin in this category.

Gross profit for sales of personal care products was $156,664 for fiscal year 2024, which slightly increased by $10,164 from $146,500 for fiscal year 2023, which was mainly driven by the increase in quantity sold. Gross margin decreased by 4.5 percentage points from 79.8% for fiscal year 2023 to 75.3% for fiscal year 2024, which is a result of increased purchase costs.

Gross profit for water filters and related products increased by $26,701 from $275,678 for the fiscal year 2023 to $302,379 for the fiscal year 2024. Gross margin remains at 81.7% in fiscal year 2024.

Operating Expenses

The following table sets forth the breakdown of our operating expenses for the years ended March 31, 2024 and 2023:

| Operating expenses:                 |     | For                       
 the years ended March 31, 
 2024                      
 Amount                    |           |     | As a       
 percentage 
 of         
 revenue    |      |   |     | 2023   
 Amount |           |     | As a       
 percentage 
 of         
 revenue    |      |   |     | Variance 
 Amount   |          |   |     | % |      |    |
|:------------------------------------|:----|:--------------------------|----------:|:----|:-----------|-----:|:--|:----|:-------|----------:|:----|:-----------|-----:|:--|:----|:---------|---------:|:--|:----|:--|-----:|:---|
| Selling                             
 and marketing expenses              |     | $                         | 3,806,750 |     |            | 44.7 | % |     | $      | 3,982,611 |     |            | 43.5 | % |     | $        | (175,861 | ) |     |   | (4.4 | )% |
| Staff                               
 costs and employee benefits         |     |                           |   914,767 |     |            | 10.7 | %