Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 163

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 19
Chunk 163
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ITUDE
INTERNATIONAL LTD AND ITS SUBSIDIARIES

NOTES
TO THE CONSOLIDATED FINANCIAL STATEMENTS

16. Revenue

Schedule
of Revenue

                                                      April 30, 2023                      April 30, 2024                      April 30, 2025                                  
                                                      SGD                                 SGD                                 SGD                                             
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Disaggregation of revenue                                                                                                                                                   
  - Electrical works and installation services                            21,022,421                          22,766,161                          11,902,567       9,117,946  
  - Ad-hoc services                                                          838,739                           1,435,673                           3,455,820       2,647,327  
  Total Disaggregation                                                    21,861,160                          24,201,834                          15,358,387      11,765,273  
  Timing of transfer of goods and services                                                                                                                                    
  - Over time                                                             21,022,421                          22,766,161                          11,902,567       9,117,946  
  - Point in time                                                            838,739                           1,435,673                           3,455,820       2,647,327  
  Total Timing of transfer of goods and services                          21,861,160                          24,201,834                          15,358,387      11,765,273  

17. Impairment loss on financial assets

Schedule
of Impairment Loss on Financial Assets

                                                          April 30, 2023                   April 30, 2024                  April 30, 2025                            
                                                          SGD                              SGD                             SGD                                       
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Allowance/(Reversal) of expected credit losses for                                                                                                                 
  - Trade receivables (Note 7)                                                 50,748                           8,834                          ( 9,727      ( 7,451  
  - Other receivables (Note 7)                                                119,582                          79,721                                -            -  
  - Contract assets (Note 8)                                                    2,491                             812                           14,814       11,348  
  Impairment loss on financial                                                172