Company: LHI
Filing Date: 2025-11-20
Form Type: F-1/A
Source: 0001213900-25-112807
Chunk: 110

Company: Living Homeopathy International Ltd.
Filing Date: 2025-11-20
Form: F-1/A
Chunk 110
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,293 |     |      |    67,640 |     |          |  (39,347 | ) |     |   | (58.2 | )% |
| Total cost of revenue                       |     | $                   | 1,999,245 |     | $    | 2,129,258 |     | $        | (130,013 | ) |     |   |  (6.1 | )% |

Our cost of revenue was $1,999,245 for the year
ended March 31, 2025, decreased by $130,013 or 6.1% from $2,129,258 for the year ended March 31, 2024. Overall, the decrease in cost
of revenue was primarily due to decrease in quantity sold, which was in line with revenue.

Our cost of healthcare products increased by
$93,216 or 4.6% from $2,010,110 for the year ended March 31, 2024 to $1,916,894 for the year ended March 31, 2025, which was mainly due
to decrease in both quantity sold and average unit cost. The average unit cost of healthcare products decreased by $0.1 per unit or 1.4%
from $4.5 per unit in fiscal year 2024 to $4.4 per unit in fiscal year 2024. Decrease in quantity sold was the result of decrease in
demand for healthcare products in connection with the relief of severe pandemic. In addition, the demand for low-cost homeopathic remedies
was higher than the demand for high-cost homeopathic remedies, leading to the overall decrease in average unit cost.

Our cost of personal care products increased
by $2,550 or 5.0% from $51,508 for the year ended March 31, 2024 to $54,058 for the year ended March 31, 2025. The increase in cost of
revenue was mainly driven by increase in quantity sold, partially offset by decrease in average unit cost. The increase in quantity sold
resulted in higher costs, which was in line with increase in our revenue. Moreover, the new established personal care products had higher
average purchase costs, leading to the overall increase in average unit cost in fiscal year 2024.

Our cost for water filters and related products
decreased by $39,347 or 58.2% from $67,640 for the