Segment Reporting

12 Months Ended

Dec. 31, 2024

Note 12 – Segment Reporting

The Company operates as one operating segment, providing information technology (IT) development and consulting services to a broad range of clients across various industries. The Company’s primary revenue streams include custom software development, IT consulting, and system integration services. These services collectively account for approximately 100% of the Company’s revenue.

The Company’s Chief Operating Decision Maker (CODM) is its Chief Executive Officer (CEO), who evaluates financial performance and allocates resources based on information presented on a consolidated basis. The CODM uses consolidated net income as the primary measure of financial performance and assesses results by comparing actual performance to historical trends and internal forecasts.

The following table presents selected financial information with respect to the Company’s single operating segment for the years ended December 31, 2024, and 2023:

Schedule of operating segment
	For the years ended December 31,
	2024			2023
Revenue	$	179,613		$	-
Cost of sales		(148,879	)		-
Gross profit		30,734			-
Operating expenses:
Depreciation		6,830			609
Office expense		5,069			5,697
Professional fee		56,062			36,879
Staff costs		60,146			50,843
Other operating expenses		5,488			14,490
Total operating expenses		(133,595	)		(108,518	)
Loss from operations		(102,861	)		(108,518	)
Other income		28,640			12,146
Loss before income tax		(74,221	)		(96,372	)
Income tax expense		-			-
Net loss	$	(74,221	)	$	(96,372	)

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

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