Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 169

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 19
Chunk 169
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3                   April 30, 2024                   April 30, 2025                            
                                  SGD                              SGD                              SGD                                       
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Salaries and related costs                          268,132                          188,132                          167,000      127,930  
  Defined contribution plan                            35,700                           27,336                           26,282       20,133  
  key management personnel                            303,832                          215,468                          193,282      148,063  

MAGNITUDE
INTERNATIONAL LTD AND ITS SUBSIDIARIES

NOTES
TO THE CONSOLIDATED FINANCIAL STATEMENTS

23. Segment reporting

Operating
segments are identified on the basis of internal reports about components of the Group that are regularly reviewed by the CEO (“ Chief
Executive Officer”) for the purpose of resource allocation and performance assessment. Segment results, assets and liabilities
include items directly attributable to a segment as well as those that can be allocated on a reasonable basis.

The
Group operates in a single business segment which is the provision of electrical installation and licensing services for greenfield,
brownfield and ad hoc electrical installation projects. No operating segments have been aggregated to form the following reportable operating
segment.

The
Group’s non-current assets are based in Singapore.

The
Group’s revenue is derived from Singapore.

Information
about major customers

The
following table sets forth a summary of single customers who represent 10% or more of the Group’s revenue:

Schedule
of segment reporting

                  April 30, 2023                      April 30, 2024                      April 30, 2025                                
                  SGD                                 SGD                                 SGD                                           
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Customer A                          15,381,429                          12,637,595                          4,697,422      3,598,454  
  Customer B                          1,125,466                           4,759,149                                   -              -  
  Customer C                          -                                   -                                   2,676,037      2,049,975  
  Customer D                          -                                   -                                   2,302,648      1,763,941  
  Revenue                             16,506,895                          17,396,744                          9,676,107      7,