Company: SCAG
Filing Date: 2025-07-03
Form Type: 20-F
Source: 0001213900-25-061408
Chunk: 17

Company: Scage Future
Filing Date: 2025-07-03
Form: 20-F
Item: Item 1
Chunk 17
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6,618,209      (1,511.1      (4,013,532       (56.2      (2,761,628  

Key Components of Results of Operations

Revenues

We generate revenues from
(1) sales of NEVs and components, (2) provision of vehicle modification services, and (3) leasing of NEVs. The following table sets forth
a breakdown of our revenue both in absolute amount and as a percentage of our total revenues for the periods presented:

                                                  For the fiscal years ended June 30,                                             For the six months ended December 31,                            
                                                  2024                                                                            2024                                                             
                                                  US$                                                                             US$                                                              
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenues:                                                                                                                                                                                        
  Sales of NEVs and components                                                             6,111,141      421,680       96.3                                                 7,040,993       98.5  
  Provision of vehicle modification services                                               -                    -          -                                                    99,720        1.4  
  Leasing of NEVs                                                                          -               16,290        3.7                                                     6,955        0.1  
  Total revenues                                                                           6,111,141      437,970      100.0                                                 7,147,668      100.0  

Cost of revenues

The following table sets
forth a breakdown of our cost of revenues both in absolute amount and as a percentage of our total revenue for the periods presented:

                                                  For the fiscal years ended June 30,                                             For the six months ended December 31,                            
                                                  2024                                                                            2024                                                             
                                                  US$                                                                             US$                                                              
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Cost of revenues:                                                                                                                                                                                
  Sales of NEVs and components                                                             5,574,685      760,874      173.7                                                 7,840,215      109.7  
  Provision of vehicle modification services                                               -                    -          -                                                    25,763        0.4  
  Leasing of NEVs                                                                          -               34,412        7.9                                                     2,947          -  
  Total cost of revenues                                                                   5,574,685      795,286