Company: LHI
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046955
Chunk: 106

Company: Living Homeopathy International Ltd.
Filing Date: 2025-05-23
Form: F-1
Chunk 106
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:--|:----|:--|-----:|:---|
| Sale of healthcare                    
 products                              |     | $               | 7,932,025 |     | $    | 8,641,788 |     | $        | (709,763 | ) |     |   | (8.2 | )% |
| Sale of personal care products        |     |                 |   208,172 |     |      |   183,682 |     |          |   24,490 |   |     |   | 13.3 | %  |
| Sale                                  
 of water filters and related products |     |                 |   370,019 |     |      |   337,426 |     |          |   32,593 |   |     |   |  9.7 | %  |
| Total                                 
 Revenue                               |     | $               | 8,510,216 |     | $    | 9,162,896 |     | $        | (652,680 | ) |     |   | (7.1 | )% |

Sale of healthcare products

Our sales of healthcare products decreased by $709,763 or 8.2% from $8,641,788 for the year ended March 31, 2023 to $7,932,025 for the year ended March 31, 2024. Our healthcare products primarily include homeopathic remedies, homeopathic co-remedies and classic flower remedies. The decrease in revenue from healthcare products was mainly due to decrease in both quantity sold and average selling price. We sold 451,585 units in fiscal year 2024, representing a decrease of 3.1% from 465,854 units sold in fiscal year 2023. During the COVID-19 pandemic, there was a trend to consume more healthcare products to strengthen the immune system, prevent severe illness and relieve symptoms. The significant decline in severity of COVID-19 and the transition to a more manageable state of the virus in fiscal year 2024 were the main reasons for the radical change in quantity sold when comparing the two years. This led to a decrease in demand for healthcare products, which in turn resulted in the decrease in quantity sold. Besides, the average unit price of healthcare products decreased by 5.3% from $18.6 in fiscal year 2023 to $17.6 in fiscal year 2024 is due to the wide price range of