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MAJOR CUSTOMERS
6 Months Ended
Apr. 30, 2023
MAJOR CUSTOMERS  
MAJOR CUSTOMERS

NOTE 5 – MAJOR CUSTOMERS

 

The Company sells to their end-user customers both directly and through a network of resellers. Six resellers accounted for 49% of sales, of which one reseller accounted for 27% in the six-month period ended April 30, 2023. The Company maintains all the information on their end user customers, and should a reseller discontinue operations, the Company can sell directly to the end user. In the six-month period ended April 30, 2023, nineteen end user customers were responsible for approximately 50% of gross revenue, with no end user customer responsible for more than 10% of revenue. In the same period in 2022, thirteen end user customers were responsible for approximately 50% of gross revenue, with one end user customers responsible for 12% of revenue.