Company: EGG
Filing Date: 2025-03-28
Form Type: F-1
Source: 0001641172-25-001072
Chunk: 209

Company: ENIGMATIG LTD
Filing Date: 2025-03-28
Form: F-1
Chunk 209
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 | (124,455 | ) |     |      | (181,154 | ) |     |      | (135,139 | ) |
| Deferred tax assets, net of valuation allowance |     |                     |        - |   |     |      |        - |   |     |      |        - |   |

In assessing the realizability of deferred tax assets, the Company only consider to the extent that it is probable that future taxable profits will be available against which the Company can utilize the benefits. After consideration of all the information available, the Company has recorded a full valuation allowance against its deferred tax assets as of September 30, 2024, 2023 and 2022, respectively, because the Company has determined that is it more likely than not that these assets will not be fully realized due to continuous net operating losses incurred in those geographic areas.

| 13 | Other (loss) income, net |

|                      |     | Years Ended September 30, |         |   |     |      |          |   |     |      |        |
|                      |     |                      2024 |         |   |     | 2023 |          |   |     | 2022 |        |
|                      |     |                       US$ |         |   |     |  US$ |          |   |     |  US$ |        |
| Interest income      |     |                           |     700 |   |     |      |      267 |   |     |      |     99 |
| Government grant     |     |                           |  13,559 |   |     |      |   14,521 |   |     |      | 18,558 |
| Exchange (loss) gain |     |                           | (77,448 | ) |     |      | (139,585 | ) |     |      | 77,936 |
| Others               |     |                           |   3,874 |   |     |      |   22,424 |   |     |      |    200 |
|                      |     |                           | (59,315 | ) |     |      | (102,373 | ) |     |      | 96,793 |

| 14 | Revenue |

Revenue by type of services

The summary of the Company’s total revenues by type of services for the years ended September 30, 2024, 2023 and 2022 was as follows:

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