Company: LHI
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046955
Chunk: 120

Company: Living Homeopathy International Ltd.
Filing Date: 2025-05-23
Form: F-1
Chunk 120
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 $116,339 for the first half of 2023 to $64,236 for the first half of 2024. Gross margin was 84.7%
for the first half of 2024, which was slightly higher than 83.2% for the same period of 2023. It was mainly attributable to relative
decrease in sales of complete sets of filters with a lower gross profit margin in this category.

Operating Expenses

The following table sets forth the breakdown
of our operating expenses for the six months ended September 30, 2024 and 2023:

| Operating expenses:               |     | For the six months ended September 
 30,                                
 2024                               
 Amount                             |           |     | As a       
 percentage 
 of revenue |      |   |     | 2023   
 Amount |           |     | As a       
 percentage 
 of revenue |      |   |     | Variance 
 Amount   |         |   |     | % |           |    |
|:----------------------------------|:----|:-----------------------------------|----------:|:----|:-----------|-----:|:--|:----|:-------|----------:|:----|:-----------|-----:|:--|:----|:---------|--------:|:--|:----|:--|----------:|:---|
| Selling and marketing expenses    |     | $                                  | 1,964,928 |     |            | 48.2 | % |     | $      | 1,924,771 |     |            | 43.7 | % |     | $        |  40,157 |   |     |   |       2.1 | %  |
| Staff costs and employee benefits |     |                                    |   442,847 |     |            | 10.9 | % |     |        |   399,787 |     |            |  9.1 | % |     |          |  43,060 |   |     |   |      10.8 | %  |
| Depreciation                      |     |                                    |    21,443 |     |            |  0.5 | % |     |        |    43,121 |     |            |  1.0 | % |     |          | (21,678 | ) |     |   |     (50.3 | )% |
| Lease expenses                    |