Company: NIVFW
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038045
Chunk: 104

Company: NewGenIvf Group Ltd
Filing Date: 2025-05-01
Form: F-1/A
Chunk 104
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rgyzstan operations, NewGenIvf did not generate any revenue from surrogacy and related ancillary caring services. In surrogacy and ancillary caring services, embryo from intending parents is implanted in the surrogate mother sub-contracted by NewGenIvf. During the pregnancy period of the surrogate mother, NewGenIvf provides ancillary caring services including maternity caring services such as regular body check and provision of vitamins, supplements and medicines to surrogate mothers, documentation service, and hotel accommodation services. Revenue from surrogacy and ancillary caring services is recognized at a point in time when the surrogate mother gives birth. Cost of revenue The following table sets forth a breakdown of NewGenIvf’s cost of revenue by the nature of the cost, in absolute amounts and as percentages of total cost of revenues, for the periods indicated.

|                        |     | For the Year ended December 31, |      2024 |     |   |       |     |     |      2023 |     |   |       |
|:-----------------------|:----|:--------------------------------|----------:|:----|:--|------:|:----|:----|----------:|:----|:--|------:|
|                        |     | US$                             |           |     | % |       |     | US$ |           |     | % |       |
| Cost of revenues       |     |                                 |           |     |   |       |     |     |           |     |   |       |
| Cost of goods sold     |     |                                 |   629,620 |     |   |  17.5 |     |     |   594,984 |     |   |  17.2 |
| Clinic costs           |     |                                 | 2,976,861 |     |   |  82.5 |     |     | 2,859,384 |     |   |  82.8 |
| Total cost of revenues |     |                                 | 3,606,481 |     |   | 100.0 |     |     | 3,454,368 |     |   | 100.0 |

Cost of goods sold.Cost of goods sold primarily consisted of purchase and direct cost for IVF treatment services and surrogacy and ancillary caring services. NewGenIvf’s cost of goods was mostly recognized during the provision of IVF treatment services. Clinic costs.Clinic costs primarily consisted of sub-contracting