Revenue and Profitability - Revenue increased by US$3,214,934 or approximately 23.0%, from US$13,971,743 for the year ended March 31, 2024 to US$17,186,677 for the year ended March 31, 2025[4] - Gross profit decreased by US$9,897 or approximately 0.3%, from US$3,367,103 for the year ended March 31, 2024 to US$3,357,206 for the year ended March 31, 2025[6] - Net income decreased by US$909,859 or approximately 81.3%, from US$1,119,532 for the year ended March 31, 2024 to US$209,673 for the year ended March 31, 2025[11] - The gross profit margin decreased by approximately 4.6 percentage points, from approximately 24.1% for the year ended March 31, 2024 to approximately 19.5% for the year ended March 31, 2025[6] Costs and Expenses - Cost of sales increased by US$3,224,831 or approximately 30.4%, from US$10,604,640 for the year ended March 31, 2024 to US$13,829,471 for the year ended March 31, 2025[5] - Professional services fees increased by US$822,461 or approximately 1,094.5%, from US$75,147 for the year ended March 31, 2024 to US$897,608 for the year ended March 31, 2025[8] - Selling and distribution expenses remained stable at approximately 1.7% and 1.8% of revenue for the years ended March 31, 2024 and 2025, respectively[7] Cash Flow - Cash generated from operating activities was US$2,134,565 for the year ended March 31, 2025, primarily from net profit from operations of US$228,954[10] IPO and Future Plans - The total number of Class A ordinary shares sold in the IPO increased to 2,300,000, resulting in gross proceeds of US$9.2 million[2] - The company plans to expand its global presence and enhance production, design, and development capabilities following its IPO[3]
Kandal M Venture Ltd-A(FMFC) - 2025 Q4 - Annual Report