Company: MAGH
Filing Date: 2025-03-20
Form Type: DRS/A
Source: 0001641172-25-000048
Chunk: 174

Company: Magnitude International Ltd
Filing Date: 2025-03-20
Form: DRS/A
Chunk 174
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 and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

WWC, P.C.
Certified Public Accountants
PCAOB ID No. 1171

We have served as the Company’s auditor since 2024.

San Mateo, California
December 31, 2024, except for Note 1 and Note 29, as to which the date is March 20, 2025

| F-2 |

<div align='center'>MAGNITUDE INTERNATIONAL LTD AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

AS OF APRIL 30, 2023 AND 2024</div>

|                                                       |     | Note |     |      April 
   30, 2023 |   |     |      April 
   30, 2024 |   |     |      April 
   30, 2024 |   |
|:------------------------------------------------------|:----|-----:|:----|-----------:|:--|:----|-----------:|:--|:----|-----------:|:--|
|                                                       |     |      |     |        SGD |   |     |        SGD |   |     |        USD |   |
| ASSETS                                                |     |      |     |            |   |     |            |   |     |            |   |
| Non-current assets                                    |     |      |     |            |   |     |            |   |     |            |   |
| Property, plant and equipment                         |     |    4 |     |    744,744 |   |     |    673,135 |   |     |    493,645 |   |
| Financial assets at fair value through profit or loss |     |    5 |     |    172,412 |   |     |    439,817 |   |     |    322,541 |   |
| Total non-current assets                              |     |      |     |    917,156 |   |     |  1,112,952 |   |     |    816,186 |   |
| Current assets                                        |     |      |     |            |   |     |            |   |     |            |   |
| Trade and other receivables                           |     |    6 |     |  3,