Company: LHI
Filing Date: 2025-01-27
Form Type: DRS/A
Source: 0001213900-25-006939
Chunk: 105

Company: Living Homeopathy International Ltd.
Filing Date: 2025-01-27
Form: DRS/A
Chunk 105
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---------|---------:|:--|:----|:--|-----:|:---|
| Sale of healthcare                    
 products                              |     | $               | 2,010,110 |     | $    | 2,200,247 |     | $        | (190,137 | ) |     |   | (8.6 | )% |
| Sale of personal care products        |     |                 |    51,508 |     |      |    37,182 |     |          |   14,326 |   |     |   | 38.5 | %  |
| Sale                                  
 of water filters and related products |     |                 |    67,640 |     |      |    61,748 |     |          |    5,892 |   |     |   |  9.5 | %  |
| Total                                 
 cost of revenue                       |     | $               | 2,129,258 |     | $    | 2,299,177 |     | $        | (169,919 | ) |     |   | (7.4 | )% |

Cost of revenue was $2,129,258 for the year ended March 31, 2024, decreased by $169,919 or 7.4% as compared to $2,299,177 for the year ended March 31, 2023. Overall, the decrease in cost of revenue was due to decrease in quantity sold which was in line with revenue.

Our cost of healthcare products decreased by $190,137 or 8.6% from $2,200,247 for the year ended March 31, 2023 to $2,010,110 for the year ended March 31, 2024, which was mainly due to the decrease in both quantity sold and average unit cost. The average unit cost of healthcare products decreased by $0.3 per unit or 5.8% from $4.7 per unit in fiscal year 2023 to $4.5 per unit in fiscal year 2024. Decrease in quantity sold was a result of decrease in demand for healthcare products due to relieve of severe pandemic. Besides, 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 14,326 or 38.5% from $37,