Company: LHI
Filing Date: 2025-01-27
Form Type: DRS/A
Source: 0001213900-25-006939
Chunk: 111

Company: Living Homeopathy International Ltd.
Filing Date: 2025-01-27
Form: DRS/A
Chunk 111
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 income

As a result of the foregoing, we reported a net income of $753,429 and $1,129,504 for the years ended March 31, 2024 and 2023, respectively.

Liquidity and Capital Resources

Net current assets

The table below sets forth a breakdown of our current assets and liabilities as of the dates indicated.

| Current assets:            |     | As           
 of March 31, 
 2024         |           |     | 2023 |           |     | Variance 
 Amount   |          |   |     | % |        |    |
|:---------------------------|:----|:-------------|----------:|:----|:-----|----------:|:----|:---------|---------:|:--|:----|:--|-------:|:---|
| Cash                       
 and cash equivalents       |     | $            | 2,314,926 |     | $    | 2,195,190 |     | $        |  119,736 |   |     |   |    5.5 | %  |
| Inventories, net           |     |              | 1,104,863 |     |      |   896,289 |     |          |  208,574 |   |     |   |   23.3 | %  |
| Prepayments to suppliers   |     |              |   345,698 |     |      |   493,370 |     |          | (147,672 | ) |     |   |  (29.9 | )% |
| Prepaid expenses           |     |              |    86,174 |     |      |    32,357 |     |          |   53,817 |   |     |   |  166.3 | %  |
| Tax                        
 recoverable                |     |              |    14,537 |     |      |         - |     |          |   14,537 |   |     |   |  100.0 | %  |
| Total                      
 current assets             |     | $            | 3,866,198 |     | $    | 3,617,206 |     | $        |  248,992 |   |     |   |    6.9 | %  |
| Current                    
 liabilities:               |     |              |           |     |      |           |     |