Company: NIVFW
Filing Date: 2025-10-10
Form Type: F-1/A
Source: 0001213900-25-098135
Chunk: 259

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-10
Form: F-1/A
Chunk 259
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432 | ) |
| Deferred tax assets, net           |     |     |        — |   |     |     |            — |   |

As of June 30, 2025 and December 31, 2024, the Company had net operating loss carry forward of $ 386,988and $ 160,432. The Company believes it is less likely than not that its operations will be able to fully utilize its deferred tax assets related to the net operating loss carry forward. As a result, the Company provided 100% allowance on deferred tax assets on net operating loss.

F-59

NOTE 15 — DISAGGREGATED REVENUES

The Company’s main business operations are to provide: (i) IVF treatment service; and (ii) surrogacy and ancillary caring services.

|                                                | Revenue from external customers |   |  June 30, 
      2025 |     |   | December 31, 
         2024 |
|:-----------------------------------------------|:--------------------------------|:--|----------:|:----|:--|-------------:|
| IVF treatment service                          |                                 | $ | 2,019,628 |     | $ |    5,433,375 |
| Surrogacy, ancillary caring and other services |                                 |   |         — |     |   |            — |
| Total revenues                                 |                                 | $ | 2,019,628 |     | $ |    5,433,375 |

Geographical information

|                | Revenue from external customers originated from |     |  June 30, 
      2025 |     |   | December 31, 
         2024 |
|:---------------|:------------------------------------------------|:----|----------:|:----|:--|-------------:|
| HK SAR         |                                                 |     |         — |     | $ |            — |
| Kyrgyzstan     |                                                 |     | 1,053,907 |     |   |    2,656,596 |
| Cambodia       |                                                 |     |   354,933 |     |   |      601,526 |
| Thailand       |                                                 |     |   576,102 |     |   |    2,175,253 |
| China          |                                                 |     |    34,686 |     |   |            — |
| Total revenues |                                                 |     | 2,019,628 |     | $ |