VANTAGE CORP CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME |
| | | | | | | | | | | | | |
| | | For the Years Ended March 31, |
| | | 2023 | | 2024 | | 2025 |
| | | US$ | | US$ | | US$ |
| | | | | | | |
| Revenue | | | 23,986,146 | | | | 19,999,294 | | | | 18,659,141 | |
| Cost of Revenue (exclusive of depreciation and amortization shown separately below) | | | (15,176,026 | ) | | | (10,560,766 | ) | | | (10,044,402 | ) |
| Gross Profit | | | 8,810,120 | | | | 9,438,528 | | | | 8,614,739 | |
| Operating Expenses: | | | | | | | | | |
| Selling and Marketing Expenses | | | 780,758 | | | | 1,063,533 | | | | 1,130,799 | |
| Depreciation and Amortization | | | 167,612 | | | | 175,488 | | | | 272,734 | |
| General and Administrative Expenses | | | 1,557,081 | | | | 2,361,763 | | | | 2,798,028 | |
| Total Operating Expenses | | | 2,505,451 | | | | 3,600,784 | | | | 4,201,561 | |
| Income from Operations | | | 6,304,669 | | | | 5,837,744 | | | | 4,413,178 | |
| Other Income (Expense): | | | | | | | | | |
| Government Grants | | | 219,314 | | | | 20,865 | | | | 16,063 | |
| Other Income | | | 501,211 | | | | 150,653 | | | | 251,895 | |
| Interest Expenses | | | (3,873 | ) | | | (9,267 | ) | | | (12,325 | ) |
| Total Other Income | | | 716,652 | | | | 162,251 | | | | 255,633 | |
| Income before Tax Expense | | | 7,021,321 | | | | 5,999,995 | | | | 4,668,811 | |
| Income Tax Expense | | | (1,159,765 | ) | | | (1,045,511 | ) | | | (825,926 | ) |
| Net Income | | | 5,861,556 | | | | 4,954,484 | | | | 3,842,885 | |
| Other Comprehensive Income | | | | | | | | | |
| Foreign currency translation loss, net of taxes | | | - | | | | (285 | ) | | | (26,468 | ) |
| Total Comprehensive Income | | | 5,861,556 | | | | 4,954,199 | | | | 3,816,417 | |
| | | | | | | | | | |
| Earnings Per Share Attributable to Weighted Average Number of Outstanding Ordinary Shares | | | | | | | | | |
| Basic and Diluted | | | 0.21 | | | | 0.17 | | | | 0.14 | |
