Company: MAGH
Filing Date: 2025-05-28
Form Type: F-1
Source: 0001641172-25-012644
Chunk: 82

Company: Magnitude International Ltd
Filing Date: 2025-05-28
Form: F-1
Chunk 82
---
 are payment within 45 days or more. Our trade payables were S$2,847,790 as of April 30, 2023, S$2,614,237 as of April 30, 2024 and S$2,162,043 as of October 31, 2024.We generally pay our trade payables within 45 to 90 days of receipt of invoices or by due date stated on the invoices.

We did not have any material default in payment of trade payables during the financial year ended April 30, 2023 and financial year ended April 30, 2024, and the six months ended October 31, 2023 and six months ended October 31, 2024.

Material Cash Requirements

Our cash requirements consist primarily of day-to-day operating expenses, capital expenditures and contractual obligations with respect to facility leases and other operating leases. We lease some of our office facilities. We expect to make future payments on existing leases from cash generated from operations. We have credit available extended from our major vendors and we can pay the majority of our inventory purchases before or on the due date stated on the invoices, which further help us to manage our cash flow more efficiently.

We have the following contractual obligation and lease commitments as of April 30, 2024 and October 31, 2024:

The table below summarizes the maturity
profile of the Group’s financial liabilities as of the date indicated based on contractual undiscounted repayments obligations:

| April 30, 2024           |     | Carrying value 
 SGD            |           |     | Contractual cash flows 
 SGD                    |           |     | Within 1 year 
 SGD           |           |     | Within 2 to 5 years 
 SGD                 |         |     | After 5 years 
 SGD           |         |
|:-------------------------|:----|:---------------|----------:|:----|:-----------------------|----------:|:----|:--------------|----------:|:----|:--------------------|--------:|:----|:--------------|--------:|
| Trade and other payables 
 (excluded GST payables)  |     |                | 3,794,636 |     |                        | 3,794,636 |     |               | 3,794,636 |     |                     |       - |     |               |       - |
| Borrowings:              |     |                |           |     |                        |           |     |               |