Company: EGG
Filing Date: 2025-03-04
Form Type: DRS/A
Source: 0001493152-25-008991
Chunk: 86

Company: ENIGMATIG LTD
Filing Date: 2025-03-04
Form: DRS/A
Chunk 86
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 |     |                    |   (58,677 | ) |     |      |   (602,871 | ) |
| Net cash provided by (used in) investing activities            |     |                     |   (3,269 | ) |     |                    |   451,531 |   |     |      |  1,929,030 |   |
| Net cash generated from financing activities                   |     |                     |  477,893 |   |     |                    |   347,333 |   |     |      | (1,062,640 | ) |
| Foreign currency translation                                   |     |                     |  (18,854 | ) |     |                    |     4,551 |   |     |      |    136,900 |   |
| Net increase in cash and cash equivalents                      |     |                     |  115,015 |   |     |                    |   744,738 |   |     |      |    400,419 |   |
| Cash and cash equivalents as at the end of the year/ period    |     |                     |  447,880 |   |     |                    | 1,192,618 |   |     |      |  1,593,037 |   |

Cash Flows from Operating Activities

For the year ended September
30, 2024, our net cash used in operating activities was US$602,871, which primarily consisted of our net profit of US$821,192,
as adjusted by (a) positive changes of US$5,818 in in non-cash items primarily including depreciation; and (b)
negative changes of US$1,429,881 in operating assets and liabilities primarily reflecting (i) an increase in contract
liabilities of US$444,197; (ii) an increase in accounts receivables of $622,142; (iii) a decrease of US$601,694
in accruals and other current liabilities, (iv) a decrease of US$339,436 in income taxes payable and (v) an increase of US$271,691
in contract assets.

For the year ended September
30, 2023, our net cash used in operating activities was US$58,677, which primarily consisted of our net profit of US$1,134,436, as adjusted
by (a) positive changes of US$10,721 in non-cash items primarily including depreciation and impairment loss;