Company: EGG
Filing Date: 2025-04-22
Form Type: F-1/A
Source: 0001641172-25-005604
Chunk: 112

Company: ENIGMATIG LTD
Filing Date: 2025-04-22
Form: F-1/A
Chunk 112
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, respectively. A substantial amount of our corporate services income for the year ended
September 30, 2022 and 2023 were provided by one-off transactions with our major clients that are not expected to recur. For a discussion
of related risks, see “Risk Factors — Risks Relating to Our Business and Industry — We had a concentration of credit
risk because we derived our corporate services income from a limited number of customers” and “Risk Factors — Risks
Relating to Our Business and Industry — We depend on a limited number of customers for a significant portion of our corporate services
income and the loss of one or more of these customers could adversely affect our business, financial condition, and results of operations”
for more details. We believe our relationship with our major clients, including our two largest clients in Fiscal 2022, Fiscal 2023 and
Fiscal 2024, is stable. However, due to the nature of our business, we would normally expect a large part
of our corporate services income to come from different clients every year, in particular from new clients who require a greater number
of services. As our new clients increase and we continue to grow our business by increasing the scale of our current operations and expanding
into new services and geographic jurisdictions, we anticipate a reduction in client concentration in the future.

Marketing

Most of our new clients have been generated through referrals from existing or former clients, business partners and other third-parties with whom we work. As such, we believe the key to our marketing efforts is:

| ● | maintaining                                                                                       
 the                                                                                               
 high quality of our services and close relationships with our existing clients; and               |
| ● | maintaining                                                                                       
 and                                                                                               
 expanding our range of corporate services and continuing to push these services to existing       
 clients. We assign a relationship manager for all existing customers to maintain our relationship 
 and serve as a point of contact.                                                                  |

In addition to referrals, we participate in a variety of monthly networking events and run a booth and present at various industry expos in order to directly engage with potential customers and raise awareness of our brand. We also engage in limited on-line advertising, primarily through purchase of search engine marketing and use of search engine optimization services.

We maintain a website at www.enigmatig.com. The information contained in, or accessible through, the website is not incorporated into this prospectus or the registration statement of which it forms a part.

We currently aim to grow our client base and grow our business by expanding the fintech services we