Company: NIVFW
Filing Date: 2025-08-22
Form Type: DRS
Source: 0001213900-25-079717
Chunk: 192

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-22
Form: DRS
Chunk 192
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 every 20 existing shares issued and in May 2025 of 1 share for every 10 existing share issued respectively. |
| ** | Re-presented as mentioned in Note 23                                                                                                                                                                                                         |

<div align='center'>The accompanying notes are an integral part of
these consolidated financial statements.

F-5

NEWGENIVF GROUP LIMITED
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022
(Stated in US Dollars)</div>

|                                                                                   |     | December 31, |       2024 |   |     |   |       2023 |   |     |   |       2022 |   |
|:----------------------------------------------------------------------------------|:----|:-------------|-----------:|:--|:----|:--|-----------:|:--|:----|:--|-----------:|:--|
| Revenues                                                                          |     | $            |  5,433,375 |   |     | $ |  5,136,153 |   |     | $ |  5,944,190 |   |
| Cost of revenues                                                                  |     |              | (3,606,481 | ) |     |   | (3,454,368 | ) |     |   | (4,406,421 | ) |
| Gross profit                                                                      |     |              |  1,826,894 |   |     |   |  1,681,785 |   |     |   |  1,537,769 |   |
| Operating expenses                                                                |     |              |            |   |     |   |            |   |     |   |            |   |
| Selling and marketing expenses                                                    |     |              |   (206,314 | ) |     |   |    (18,030 | ) |     |   |    (36,194 | ) |
| General and administrative expenses                                               |     |              | (2,781,075 | ) |     |   | (1,621,513 | ) |     |   | (1,102,870 | ) |
| Total operating expenses                                                          |     |              | (2,987,389 | ) |     |   | (1,639,543 | ) |     |   | (1,139,064 | ) |
| Operating (loss) income