Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 232

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 232
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 a result,
the Company provided 100% allowance on deferred tax assets on net operating loss.

NOTE 15 — DISAGGREGATED REVENUES

The Company’s main business operations
are to provide: (i) IVF treatment service; and (ii) surrogacy and ancillary caring services.

|                                                | Revenue from external customers | For the year ended 
 December 31,       |      2024 |     |   |      2023 |     |   |      2022 |
|:-----------------------------------------------|:--------------------------------|:-------------------|----------:|:----|:--|----------:|:----|:--|----------:|
| IVF treatment service                          |                                 | $                  | 5,433,375 |     | $ | 4,021,696 |     | $ | 2,819,163 |
| Surrogacy, ancillary caring and other services |                                 |                    |         — |     |   | 1,114,457 |     |   | 3,125,027 |
| Total revenues                                 |                                 | $                  | 5,433,375 |     | $ | 5,136,153 |     | $ | 5,944,190 |

Geographical information

|                | Revenue from external customers originated from | December 31, |      2024 |     |     |      2023 |     |   |      2022 |
|:---------------|:------------------------------------------------|:-------------|----------:|:----|:----|----------:|:----|:--|----------:|
| HK SAR         |                                                 | $            |         — |     |     |    34,038 |     | $ |         — |
| Kyrgyzstan     |                                                 |              | 2,656,596 |     |     | 3,123,593 |     |   | 5,060,973 |
| Cambodia       |                                                 |              |   601,526 |     |     |   621,619 |     |   |   377,608 |
| Thailand       |                                                 |              | 2,175,253 |     |     | 1,356,903 |     |   |   505,609 |
| Total revenues |                                                 | $            | 5,433,375 |     |     | 5,136,153 |     | $ | 5,944,190 |

The revenue