Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 202

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 19
Chunk 202
---
 contract period.

The
following table disaggregates the Group’s revenue for the years ended June 30, 2025, 2024 and 2023:

                                                  For the years ended June 30,                                                                  
                                                  2025                                              2024                     2023               
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net revenues:                                                                                                                                 
  Sales of NEVs and components                    $                                 10,925,456      $         6,111,141      $         421,680  
  Provision of vehicle modification services                                           151,380                -                        -        
  Leasing of NEVs                                                                       19,596                -                        16,290   
  Others                                                                                26,153                -                        -        
  Total                                           $                                 11,122,585      $         6,111,141      $         437,970  

The
following table disaggregates the Group’s revenue recognized on gross basis versus net basis for the years ended June 30, 2025,
2024 and 2023:

                   For the years ended June 30,                                                                  
                   2025                                              2024                     2023               
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Gross basis      $                                 11,122,585      $         5,850,263      $         437,970  
  Net basis                                          -                           260,878                -        
  Total            $                                 11,122,585      $         6,111,141      $         437,970  

The
following table presents revenue classified by timing of revenue recognition for the years ended June 30, 2025, 2024 and 2023:

                     For the years ended June 30,                                                                  
                     2025                                              2024                     2023               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Point in time      $                                 10,925,456      $         6,111,141      $         421,680  
  Over time                                               197,129                -                         16,290  
  Total              $                                 11,122,585      $         6,111,141      $         437,970  

Contract
Balances

The
Group classifies its right to consideration in exchange for goods or services transferred