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CONCENTRATION
3 Months Ended
Oct. 31, 2024
CONCENTRATION  
CONCENTRATION

NOTE 8 – CONCENTRATION

 

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

 

Revenue and accounts receivable

 

Revenue

 

 

 

Percentage of Revenue

 

 

Percentage of

 

 

 

Three Months Ended

 

 

Accounts Receivable

 

 

 

October 31

 

 

October 31

 

 

July 31

 

 

 

2024

 

 

2023

 

 

2024

 

 

2024

 

Customer A-related party

 

 

81.86%

 

 

-

 

 

 

-

 

 

 

-

 

Total (as a group)

 

 

81.86%

 

 

-

 

 

 

-

 

 

 

-

 

 

Discontinue Revenue 

 

On March 1, 2022, the Company entered in a consulting agreement in the field of Healthcare with a monthly fee of $8,333, with First DP Ventures, LP. The services were performed by a member of the Company’s board of directors pursuant to an Employment Contract. The consulting agreement was terminated on March 29, 2024. During the three months ended October 31, 2023, all discontinued revenue of $25,000 was derived from one customer.

 

Cost of Revenue

 

During the three months ended October 31,2024 2023 and July 31,2023, the cost of revenue were $0, respectively.

 

Discontinue Cost of Revenue

 

During the three ended October 31, 2023, the discontinues cost of revenue of $22,990 was for the payroll expenses related to a member of the Company’s board of directors, who performed the consulting services