Company: MAGH
Filing Date: 2025-06-25
Form Type: F-1/A
Source: 0001641172-25-016431
Chunk: 64

Company: Magnitude International Ltd
Filing Date: 2025-06-25
Form: F-1/A
Chunk 64
---
 in the following table, during the financial years ended April 30, 2023 and 2024, our revenue was derived from green and brown field projects and ad-hoc services in Singapore:

|                                    |     | Financial Years Ended April 30, |            |     |   |       |     |      |            |     |   |       |
|                                    |     |                            2023 |            |     |   |       |     | 2024 |            |     |   |       |
|                                    |     |                              S$ |            |     | % |       |     |   S$ |            |     | % |       |
| Greenfield and brownfield projects |     |                                 | 21,022,421 |     |   |  96.2 |     |      | 22,766,161 |     |   |  94.1 |
| Ad-hoc services*                   |     |                                 |    838,739 |     |   |   3.8 |     |      |  1,435,673 |     |   |   5.9 |
| Total                              |     |                                 | 21,861,160 |     |   | 100.0 |     |      | 24,201,834 |     |   | 100.0 |

* Non-project works and services is comprised of revenue from service fees, labor cost charged, rental of machinery and equipment, transport costs incurred, maintenance works charged, among other things.

Our total revenue increased by S$2,340,674 or approximately 10.7% to S$24,201,834 for the twelve months ended April 30, 2024 from S$21,861,160 for the 12 months ended April 30, 2023. Such increase was mainly attributable to more projects being completed during the financial year April 30, 2024 as compared to the financial year April 30, 2023.

The table set with shows the list
of top 5 customers for April 30, 2023 and 2024.

| S/No |     | Top         
 5 Customers |     |      April 
   30, 2023 |     |      April 
   30, 2024 |
|:-----|:----|:------------|:----|-----------:|:----|-----------:|
|      |     |             |     |        SGD |