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CONCENTRATION
3 Months Ended
Oct. 31, 2024
CONCENTRATION  
CONCENTRATION

NOTE 11 – CONCENTRATION

 

As of October 31, 2024, and July 31, 2024, and for three months ended October 31, 2024, and 2023, customer concentrations (more than 10%) were as follows:

 

Revenue -rental income

 

 

 

Percentage of Revenue

 

 

 

For Three Months ended

 

 

 

October 31,

 

 

 

2024

 

 

2023

 

 Tenant A

 

 

12.93%

 

 

-

 

 Tenant B

 

 

-

 

 

 

40.52%

 Tenant C

 

 

-

 

 

 

59.48%

 Tenant D

 

 

14.69%

 

 

-

 

 Tenant E

 

 

15.44%

 

 

-

 

 Tenant F

 

 

15.06%

 

 

-

 

 Tenant G

 

 

14.70%

 

 

-

 

 Tenant H

 

 

14.10%

 

 

-

 

Total (as a group)

 

 

86.92%

 

 

100.00%

 

Accounts receivable

 

The rental properties are managed by a management company during the three months ended October 31, 2024, and the year ended July 31, 2024, therefore 100% of accounts receivable is related to one customer at October 31, 2024 and July 31, 2024.