Company: MAGH
Filing Date: 2025-03-20
Form Type: DRS/A
Source: 0001641172-25-000048
Chunk: 228

Company: Magnitude International Ltd
Filing Date: 2025-03-20
Form: DRS/A
Chunk 228
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 |   |     |  5,862,728 |   |

* Giving retroactive effect to reflect the reorganization and issuance of ordinary shares which are detailed in Note 1.

<div align='center'>The accompanying notes are an integral part of these unaudited interim condensed

consolidated financial statements.</div>

| F-46 |

<div align='center'>MAGNITUDE INTERNATIONAL LTD AND ITS SUBSIDIARIES

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS

AND OTHER COMPREHENSIVE INCOME

FOR THE SIX MONTHS ENDED OCTOBER 31, 2023 AND 2024</div>

|                                                                |     | Note |     |     October 
   31,  2023 |   |     |    October 
  31,  2024 |   |     |    October 
  31,  2024 |   |
|:---------------------------------------------------------------|:----|-----:|:----|------------:|:--|:----|-----------:|:--|:----|-----------:|:--|
|                                                                |     |      |     |         SGD |   |     |        SGD |   |     |        USD |   |
| Revenue                                                        |     |   16 |     |  13,589,215 |   |     |  7,279,839 |   |     |  5,502,524 |   |
| Cost of sales                                                  |     |      |     | (11,683,419 | ) |     | (6,083,081 | ) |     | (4,597,945 | ) |
| Gross profit                                                   |     |      |     |   1,905,796 |   |     |  1,196,758 |   |     |    904,579 |   |
| Operating expenses:                                            |     |      |     |             |   |     |            |   |     |            |   |
| Distribution costs                                             |     |      |     |     (66,041 | ) |     |    (56,405 | ) |     |    (42,634 | ) |
| Administrative expenses                                        |     |      |     |    (845,050 | ) |     |   (924,987 | ) |     |   (699,159 | ) |
| Impairment loss on financial assets                            |