Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 44

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 4
Chunk 44
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 electrical projects. In addition,
during the fiscal years ended April 30, 2023, 2024 and 2025, (i) we generated revenue of approximately S$21.9 million, S$24.2 million
and S$15.4 million, respectively; (ii) approximately 74.9%, 60.5% and 63.3% of our revenue was derived from greenfield electrical installation
projects and approximately 21.3%, 33.6% and 14.5% of our revenue was derived from brownfield A& A electrical projects, respectively;
and (iii) 100%, 97.5% and 76.7% of our projects (in terms of revenue) were in the private sector respectively. During the fiscal years
ended April 30, 2023, 2024 and 2025, the revenue from our largest project in terms of revenue recognized accounted for approximately
25.0%, 24.4% and 17.2% of our total revenue recognized for the corresponding periods. The backlog of our projects as of April 30, 2025,
which represents the total estimated contract value of works (including adjustments and variation orders) that remain to be completed
pursuant to the terms of the outstanding contracts as of April 30, 2025, and assuming performance in accordance with the terms of the
contract, was approximately S$57.1 million.

Our
Competitive Strengths

We
have over 12 years of established track record in the provision of quality, timely and reliable electrical installation services

We
have over 12 years of established track record in the provision of quality, timely and reliable electrical installation services in Singapore
that covers a range of greenfield and brownfield electrical installation projects, including electrical installation for private and
public housing, commercial and mixed-use developments as well as other types of public facilities and various types of A& A works.
Our team of technical staff includes seven project managers and five electrical engineers each have over 15 years of experience in electrical
installation, 10 qualified building construction safety supervisors, five BCA certified core trade foremen, five BCA certified core trade
tradesmen, two BCA certified safety coordinator, and one LEW in professional engineer and technician grade licensed by the Energy Market
Authority. Our team of technical staff, under the leadership of our executive directors and senior management, can evaluate a project’s
specifications, resource needs and level