Company: LHI
Filing Date: 2025-02-14
Form Type: DRS/A
Source: 0001213900-25-014190
Chunk: 103

Company: Living Homeopathy International Ltd.
Filing Date: 2025-02-14
Form: DRS/A
Chunk 103
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ables, system fees, travelling, property
related expenses, office expenses and other miscellaneous administrative expenses.

Operating Income

Operating income is calculated as gross profit minus operating expenses. Operating income excludes interest expense, other income (expense), and income tax expenses. We use operating income as an indicator of the productivity of our business and our ability to manage expenses.

Results of Operations

This information should be read together with our consolidated financial statements and related notes included elsewhere in this prospectus. The results of operations in any period are not necessarily indicative of our future trends.

For the Years Ended March 31, 2024 and 2023

The following table summarizes the results of our operations for the years ended March 31, 2024 and 2023, respectively, and provides information regarding the dollar and percentage change during such periods.

|                                     |     | For             
 the years ended 
 March 31,       |       2024 |   |     |   |       2023 |   |     | Variance |   Amount |   |     |     |      % |    |
|:------------------------------------|:----|:----------------|-----------:|:--|:----|:--|-----------:|:--|:----|:---------|---------:|:--|:----|:----|-------:|:---|
| Revenue                             |     | $               |  8,510,216 |   |     | $ |  9,162,896 |   |     | $        | (652,680 | ) |     |     |   (7.1 | )% |
| Cost                                
 of revenue                          |     |                 | (2,129,258 | ) |     |   | (2,299,177 | ) |     |          |  169,919 |   |     |     |   (7.4 | )% |
| Gross                               
 profit                              |     |                 |  6,380,958 |   |     |   |  6,863,719 |   |     |          | (482,761 | ) |     |     |   (7.0 | )% |
| Operating                           
 expenses                            |     |                 |            |   |     |   |            |   |     |          |          |   |     |     |        |    |
| Selling                             
 and marketing expenses              |     |                 | (3,806,750 | ) |     |   | (