Company: LHI
Filing Date: 2025-01-27
Form Type: DRS/A
Source: 0001213900-25-006939
Chunk: 107

Company: Living Homeopathy International Ltd.
Filing Date: 2025-01-27
Form: DRS/A
Chunk 107
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          |   10,164 |   |     |        | (4.5 | ) |
| Sale                                  
 of water filters and related products |     |                           |   302,379 |     |        | 81.7 | % |     |        |   275,678 |     |        | 81.7 | % |     |          |   26,701 |   |     |        |  0.0 |   |
| Total                                 |     | $                         | 6,380,958 |     |        | 75.0 | % |     | $      | 6,863,719 |     |        | 74.9 | % |     | $        | (482,761 | ) |     |        |  0.1 |   |

Our gross profit decreased by $482,761 from $6,863,719 for the year ended March 31, 2023 to $6,380,958 for the year ended March 31, 2024. Gross margin slightly increased by 0.1 percentage points from 74.9% for the year ended March 31, 2023 to 75.0% for the year ended March 31, 2024.

Gross profit for sales of healthcare products decreased by $519,626, which was generally in line with the decrease in revenue from sales of this category. Gross margin was 74.7% for fiscal year 2024, which was slightly higher than 74.5% for fiscal year 2023. It was mainly attributable to relative increase in sales of homeopathic remedies with a higher gross profit margin in this category.

Gross profit for sales of personal care products was $156,664 for fiscal year 2024, which slightly increased by $10,164 from $146,500 for fiscal year 2023, which was mainly driven by the increase in quantity sold. Gross margin decreased by 4.5 percentage points from 79.8% for fiscal year 2023 to 75.3% for fiscal year 2024, which is a result of increased purchase costs.

Gross profit for water filters and related products increased by $26,701 from $275,678 for the fiscal year 2023 to $302,379 for the fiscal year 2024. Gross margin remains at 81.7% in fiscal year 2024.

Operating Expenses

The following table sets forth the breakdown