CUSTOMER CONCENTRATIONS	3 Months Ended
Apr. 30, 2023
CUSTOMER CONCENTRATIONS
CUSTOMER CONCENTRATIONS	NOTE 13 – CUSTOMER CONCENTRATIONS The majority of the Company’s consolidated revenues relate to performance by the power industry services segment which provided 68% and 74% of consolidated revenues for the three months ended April 30, 2023 and 2022, respectively. The industrial services segment represented 29% and 22% of consolidated revenues for the three months ended April 30, 2023 and 2022, respectively. The Company’s most significant customer relationships for the three months ended April 30, 2023 included four power industry service customers, which accounted for 16%, 14%, 14% and 13% of consolidated revenues, respectively. The Company’s most significant customer relationship for the three months ended April 30, 2022 included one power industry service customer, which accounted for 48% of consolidated revenues. The accounts receivable balances from three major customers represented 37%, 10% and 10% of the corresponding consolidated balance as of April 30, 2023. Accounts receivable balances from three major customers represented 36%, 12% and 12% of the corresponding consolidated balance as of January 31, 2023. The contract asset balances from three major customers represented 22%, 16% and 12% of the corresponding consolidated balance as of April 30, 2023. Contract asset balances from one major customer represented 70% of the corresponding consolidated balance as of January 31, 2023.

CUSTOMER CONCENTRATIONS

3 Months Ended

Apr. 30, 2023

NOTE 13 – CUSTOMER CONCENTRATIONS

The majority of the Company’s consolidated revenues relate to performance by the power industry services segment which provided 68% and 74% of consolidated revenues for the three months ended April 30, 2023 and 2022, respectively. The industrial services segment represented 29% and 22% of consolidated revenues for the three months ended April 30, 2023 and 2022, respectively.

The Company’s most significant customer relationships for the three months ended April 30, 2023 included four power industry service customers, which accounted for 16%, 14%, 14% and 13% of consolidated revenues, respectively. The Company’s most significant customer relationship for the three months ended April 30, 2022 included one power industry service customer, which accounted for 48% of consolidated revenues.

The accounts receivable balances from three major customers represented 37%, 10% and 10% of the corresponding consolidated balance as of April 30, 2023. Accounts receivable balances from three major customers represented 36%, 12% and 12% of the corresponding consolidated balance as of January 31, 2023. The contract asset balances from three major customers represented 22%, 16% and 12% of the corresponding consolidated balance as of April 30, 2023. Contract asset balances from one major customer represented 70% of the corresponding consolidated balance as of January 31, 2023.