Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 70

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 5
Chunk 70
---
30, 2024 from S$19,207,791 for the twelve months ended April 30, 2023. The cost of sales increase during
the twelve months ended April 30, 2024 corresponded with the increase in revenue as more projects were completed.

During
the twelve months ended April 30, 2024 and 2025, our Group’s cost of sales decreased by S$7,379,631 or approximately 36.2% to S$12,984,181
for the twelve months ended April 30, 2025 from S$20,363,812 for the twelve months ended April 30, 2024. The cost of sales decrease during
the twelve months ended April 30, 2025 corresponded with the decrease in revenue as less projects were completed.

  44  

Distribution
Costs

Our
distribution costs are comprised mainly of advertisement expenses, local transportation expenses, entertainment expenses, gifts and donations,
subscriptions and memberships and sponsorships. The following table sets forth the breakdown of our selling and distribution expenses
for the twelve months ended April 30, 2023, 2024 and 2025:

                                 Financial Years Ended April 30                                                                         
                                 2023                                                                                                   
                                 S$                                                                                                     
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Advertisement expenses                                                 797        0.5            -          -       1,466        1.6  
  Entertainment                                                       21,469       14.6       36,610       26.7      24,963       28.2  
  Gifts & Donations                                                    5,500        3.8       16,715       12.2       2,200        2.5  
  Subscriptions/Memberships                                           33,431       22.7       14,472       10.6       9,390       10.6  
  Sponsorships                                                         1,500        1.0        1,500        1.1           -          -  
  Transportation                                                      84,345       57.4       67,640       49.4      50,601       57.1  
  Total                                                              147,042      100.0      136,937      100.0      88,620      100.0