UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION ...

Mumbai, India, March 17, 2025 (GLOBE NEWSWIRE) -- Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT), a leader in platform services and next-generation technology, today announced its consolidated financial results for the six months ended September 30, 2024, highlighting significant revenue growth and improved profitability. Key Financial Highlights: Revenue Growth: Reported $12.01 million for the six months period ended September 30, 2024, representing a 24% increase compared to $9.66 million in the six ...

Company Overview - Lytus Technologies Holdings, Ltd. has launched Lytus Healthcare, a fully owned subsidiary aimed at transforming patient care and healthcare accessibility in India [1][2] - The company is positioned to leverage its digital innovation strategy to enhance essential services for over 4 million users [2][10] Industry Growth - India's healthcare sector is projected to grow at a 22% CAGR, presenting significant opportunities for Lytus Healthcare to address service delivery gaps through AI-driven patient management solutions [2][3] Financial Performance - Lytus reported a 26% revenue growth for the first half of FY2025, driven by increased adoption of its digital platform services and strategic expansion efforts [3][4] - The company has secured an initial $6 million in funding under a Standby Equity Purchase Agreement (SEPA), with access to up to $100 million for growth capital over the next three years [4][5] Strategic Initiatives - Lytus is committed to sustainable growth while investing in next-generation solutions that enhance customer experience and shareholder value [4][5] - The company aims to deepen its presence in emerging markets and pioneer next-generation technology solutions across various sectors, including HealthTech, fintech, and AI [5][10]

Launches Fully Owned Subsidiary, Lytus HealthTech,  with Plans for Significant Investment Mumbai, India, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Lytus Technologies (NASDAQ: LYT), a leader in platform services and next-generation technology, has officially launched its fully owned subsidiary, Lytus HealthTech, as part of its mission to help transform the healthcare landscape in India. The newly formed entity is designed to address the growing challenges in the country’s healthcare system by integrating advanced ...

Financial Performance - The company reported a total income of $23,003,342 for the fiscal year ended March 31, 2024, representing an increase of $3,610,013 or 19% compared to $19,393,329 in the previous year[302][303]. - Revenue from contracts with customers increased by $2,355,591 or 12%, driven primarily by a rise in carriage and placement fees by $2,004,044 or 59% and subscription income by $1,024,310 or 7%[304]. - The Company reported an increase in other income by $1,254,422 or 326%, primarily due to a provision for warrants liabilities no longer required, which increased by $1,274,773 or 353%[307]. - For the fiscal year ended March 31, 2024, total revenue was $23,003,342, an increase of $3,610,013 or 19% from $19,393,329 in the previous year[328]. - Revenue from contracts with customers was $21,363,775, up $2,355,591 or 12% compared to $19,008,184 for the fiscal year ended March 31, 2023[329]. - Net income for the year ended March 31, 2024, was $1,439,610, a 33% increase from $1,078,491 in the previous year[328]. - The company reported a basic income per common share of $0.68 for the fiscal year ended March 31, 2024, compared to a loss of $2.67 in the previous year[328]. Expenses and Costs - Cost of revenue for the year ended March 31, 2024, was $16,762,580, an increase of $2,878,289 or 21% from $13,884,291 in the previous year, mainly driven by a $2,739,623 or 22% increase in the cost of materials consumed[308]. - Staffing expenses rose to $844,098 for the fiscal year ended March 31, 2024, reflecting an increase of $210,119 or 33% from $633,979 in the prior year, attributed to higher salaries due to the deployment of device boxes[309]. - Amortization and depreciation costs increased to $926,484, representing a rise of $230,260 or 33% from $696,224 in the previous fiscal year, primarily due to additions in property, plant, and equipment[311]. - Finance and other costs decreased significantly to $638,957 for the fiscal year ended March 31, 2024, down by $1,571,447 or 71% from $2,210,404 in the previous year, due to repayment of borrowings and no claims on warrants liability[312]. - The Company incurred Broadcaster/Subscription Fees of $1,225,922, an increase of $134,222 or 12% from $1,091,700 in the previous year[308]. - Legal and professional expenses decreased to $386,622, down by $446,457 or 54% from $833,079 in the prior year, as last year's expenses were elevated due to listing and related professional fees[309]. - Other operating expenses increased to $2,643,948, reflecting a rise of $376,683 or 17% from $2,267,265 in the previous year, with the increase being marginally related to the Sri Sai business[311]. Cash Flow and Financing - Net cash provided by operating activities for the year ended March 31, 2024, was $886,034, a decrease from $1,153,335 in the previous year[343]. - Net cash used in investing activities was $3,651,681 for the year ended March 31, 2024, compared to $12,920,014 for the year ended March 31, 2023[346]. - Net cash provided by financing activities was $2,705,230 for the year ended March 31, 2024, down from $11,655,402 in the previous year[347]. - The principal amount of current debt as of March 31, 2024, was $13,975,499, a decrease from $15,258,547 as of March 31, 2023[348]. - The company expects to utilize free cash flow and cash on hand for business growth, strategic opportunities, and potential mergers and acquisitions[349]. Strategic Initiatives - The company is beta testing remote patient monitoring devices in Telangana, with a subscription-based service expected to launch in the second half of 2024[284]. - Plans to set up local health centers and diagnostic centers in India are being developed, with a rollout expected to commence in the second half of 2024 and take approximately 24 months to complete[284]. - The company aims to leverage India's e-commerce boom and telemedicine regulations through acquisitions, enhancing its business model with experienced management teams[288]. - Lytus Studios is in discussions to create curated content for its platform, with initial deployment expected for its customer base in India[284]. - The company has obtained an Internet Service Provider License to offer Broadband/Internet services alongside traditional cable services, aiming to enhance Revenue Per User[356]. - The company incurred approximately INR 250,000 ($3,150) to apply for a trademark registration, indicating a shift towards investing in research and development[351]. - The company is actively reviewing potential acquisitions to improve operational efficiency and achieve appropriate return targets[350]. Market Risks and Financial Policies - The company is exposed to market risks including foreign currency fluctuations and interest rate changes, primarily operating in India and the United States[338]. - The company is exposed to foreign currency exchange rate risk due to operations primarily in India and the United States, affecting revenue presented in U.S. dollars[339]. - The company continues to monitor inflation impacts and may not fully offset higher costs through price increases, which could harm financial results[342]. - The Company did not have any off-balance sheet arrangements that required disclosure, and it has not entered into any financial guarantees or derivative contracts related to its shares[316][317]. - The Company’s cost recognition policy states that costs and expenses are recognized when incurred, classified according to their primary functions[308]. - The company recognizes impairment losses and reversals in accordance with IFRS, ensuring that the carrying amount does not exceed the amount that would have been determined without prior impairment losses[362]. - Upon loss of control over a subsidiary, the assets and liabilities, including goodwill, are derecognized, and any retained equity interest is remeasured at fair value[363]. - Share warrants are classified as either equity instruments or derivative liabilities based on specific terms, with those requiring "net cash settlement" classified as financial liabilities[364]. - Outstanding warrants are recognized as a warrant liability on the balance sheet and measured at fair value at inception, with subsequent re-measurements recognized in profit or loss[365].

Core Viewpoint - Lytus Technologies (NASDAQ:LYT) is experiencing significant stock price movement with a notable increase in trading volume despite the absence of any clear news or analyst coverage [1][2]. Group 1: Stock Performance - LYT stock has risen by 109.1% as of Tuesday morning [4]. - Over 8.5 million shares of LYT have been traded, a substantial increase compared to the daily average of approximately 77,000 shares [2]. Group 2: Market Characteristics - Lytus Technologies is classified as a penny stock, indicated by its low trading volume and a market capitalization of $2.607 million [2]. - The company's float is 426,160 shares, which contributes to its volatility [2][3]. Group 3: Trading Behavior - The heavy trading activity may suggest speculative interest from retail traders, potentially buying on a recent dip or engaging in pump-and-dump strategies [3].

Under Lytus' leadership, Radio Room will offer an array of audio dramas that encompass a variety of genres such as classic literature, crime thrillers, romance, and children's stories, all tailored for the Indian diaspora worldwide. Radio Room is poised to become a pivotal player in the audio streaming sector, which delivers content directly over the internet to consumers ("over-the-top" or OTT), bypassing traditional distribution. "Lytus management's strategic support, large user base, and industry experti ...

Under Lytus' leadership, Radio Room will offer an array of audio dramas that encompass a variety of genres such as classic literature, crime thrillers, romance, and children's stories, all tailored for the Indian diaspora worldwide. Radio Room is poised to become a pivotal player in the audio streaming sector, which delivers content directly over the internet to consumers ("over-the-top" or OTT), bypassing traditional distribution. For any inquiry and further information, please contact Dave Gentry RedChip ...

Financial Performance - Revenue from contracts with customers for the six months ended September 30, 2023, was $9,660,331, a slight decrease of 1.14% from $9,771,496 for the same period in 2022[3] - Total income for the six months ended September 30, 2023, was $9,712,550, down from $10,132,338 in the prior year, representing a decline of about 4.15%[3] - The net loss after tax available to common shareholders for the six months ended September 30, 2023, was $1,281,940, compared to a loss of $906,006 in the prior year, reflecting an increase in loss of about 41.5%[3] - Basic income per share of common share for the six months ended September 30, 2023, was $(1.98), compared to $(1.55) for the same period in 2022[3] - Net income after tax available to common shareholders for the six months ended September 30, 2023, was $(1,281,940), compared to $(906,006) for the same period in 2022, indicating a decline in profitability[5] - Other income for the six months ended September 30, 2023, was $52,219, significantly lower than $360,842 in the same period of 2022[130] Assets and Liabilities - Total assets increased to $30,738,941 as of September 30, 2023, compared to $26,885,824 as of March 31, 2023, reflecting a growth of approximately 14%[2] - Total current liabilities increased to $19,014,035 as of September 30, 2023, from $15,258,547 as of March 31, 2023, marking an increase of approximately 24%[2] - Total equity as of September 30, 2023, was $10,972,590, up from $10,744,528 as of March 31, 2023, showing a growth of about 2.13%[2] - The company reported a negative working capital of $10,192,682 as of September 30, 2023, compared to $8,932,501 as of March 31, 2023[19] - As of September 30, 2023, total borrowings amounted to $4,759,545, an increase from $3,899,316 as of March 31, 2023, reflecting a growth of approximately 22%[143] - Trade payables increased to $8,651,307 as of September 30, 2023, compared to $6,802,780 as of March 31, 2023, representing a rise of about 27%[145] Cash Flow and Financing Activities - Cash flows from operating activities showed a net cash used of $372,260 for the six months ended September 30, 2023, a significant improvement from $(1,858,087) in the prior year[5] - Financing activities provided a net cash of $1,880,059 for the six months ended September 30, 2023, compared to $11,608,358 in the prior year[5] - Cash and cash equivalents decreased to $85,108 as of September 30, 2023, from $311,810 as of March 31, 2023, a decline of approximately 72.7%[2] Investments and Acquisitions - The company acquired 51% of Sri Sai for a consideration of $10 million, effective April 1, 2022[156] - The company has agreed to invest $7.5 million in Sri Sai for business expansion and IPTV development[172] - The acquisition is expected to increase the company's market share in the Media and Internet Services market in India[168] - The company plans to acquire nearly 1 million subscribers through the acquisition of Sri Sai, enhancing operational control[158] Changes in Financial Reporting - The Group does not expect significant impact from the amendments to IAS 1 regarding the classification of liabilities as current or non-current[28] - The Group anticipates no significant impact from the amendments to IAS 7 and IFRS 7 concerning supplier finance arrangements[29] - The Group does not foresee any significant impact from the amendments to IAS 21 related to exchange rates and lack of exchangeability[30] Shareholder Information - The total number of common shares issued increased from 37,576,449 as of March 31, 2023, to 41,668,554 as of September 30, 2023, representing an increase of approximately 11.4%[148] - The weighted average number of common shares increased from 613,479 as of March 31, 2023, to 646,012 as of September 30, 2023, indicating a rise in share issuance[149] - The company issued an additional 4,092,105 common shares during the six months ended September 30, 2023, contributing to the overall increase in shares[148] Depreciation and Amortization - The estimated useful lives of property and equipment range from 3 to 40 years, with depreciation methods reviewed at each reporting date[75] - Intangible assets with finite lives are amortized over their expected useful lives, typically 5 to 10 years[81] - Accumulated depreciation and impairment loss as of September 30, 2023, totaled $1,125,860, compared to $680,013 as of March 31, 2023, showing an increase of about 65%[10] Miscellaneous - The company reported a finance cost of $619,593 for the six months ended September 30, 2023, compared to $233,435 in the same period of 2022, indicating an increase of about 165%[3] - The company decided to deconsolidate GHSI as of March 1, 2023, due to loss of control over its business affairs[175] - The total loss on deconsolidation of GHSI amounted to $192,776, which includes a share capital disposal of $162,000 and retained earnings of $3,701[176]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION ...