Company: EGG
Filing Date: 2025-03-28
Form Type: F-1
Source: 0001641172-25-001072
Chunk: 91

Company: ENIGMATIG LTD
Filing Date: 2025-03-28
Form: F-1
Chunk 91
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 fair value or future cash flows of our financial instruments will fluctuate because of changes in market interest rates. Our exposure to interest rate risk arises mainly from our interest-bearing financial liabilities. We periodically review our liabilities and monitors interest rate fluctuations to ensure that the exposure to interest rate risk is within acceptable levels. The interest-bearing financial liabilities are usually at fixed interest rates except for money market loans, bank overdrafts and floating interest rate loans. We do not utilize interest rate derivatives to minimize its interest rate risk.

Liquidity risk

Liquidity
risk is the risk that we will encounter difficulty in meeting financial obligations due to shortage of funds. As of September 30,
2024, our principal sources of liquidity consisted of approximately US$1.6 million of cash and cash equivalents, and future
cash generated from operations. We believe our current cash balances coupled with anticipated cash flow from operating activities will
be sufficient to meet our working capital requirements for at least one year from the date of the prospectus. Based on current internal
projections, we believe we have and/or will generate sufficient cash for its operational needs for at least one year from the date of
the prospectus. Our approach to managing liquidity is to ensure the growth of our existing service offering, as well as our customer
base, in order to increase our corporate services income.

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<div align='center'>INDUSTRY OVERVIEW</div>

Certain information, including statistics and estimates, set forth in this section and elsewhere in this prospectus has been derived from an industry report commissioned by us and independently prepared by Frost & Sullivan in connection with this offering, or the Frost & Sullivan report. We believe that the sources of such information are appropriate, and we have taken reasonable care in extracting and reproducing such information. We have no reason to believe that such information is false or misleading in any material respect or that any fact has been omitted that would render such information false or misleading in any material respect. However, neither we nor any other party involved in this offering has independently verified such information, and neither we nor any other party involved in this offering makes any representation as to the accuracy or completeness of such information. Therefore, investors are cautioned not to place any undue reliance on the information, including statistics and estimates, set forth in this section or similar information included elsewhere in this prospectus.

SOURCES OF INFORMATION

This section includes information from the Frost & Sullivan report, a report commissioned by us, as we believe such information imparts a greater understanding of the