SEGMENT INFORMATION

12 Months Ended

Nov. 30, 2025

Segment Reporting [Abstract]

SEGMENT INFORMATION

NOTE 10 – SEGMENT INFORMATION

In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The Company adopted this standard for the fiscal year ended November 30, 2025. The adoption impacted only the Company's financial statement disclosures and did not affect its financial position, results of operations, or cash flows.

The Company's Chief Operating Decision Maker (“CODM”) is its Chief Executive Officer, Wen Lung, Wang. The CODM is responsible for assessing performance, making strategic decisions, and allocating resources for the Company as a whole. The Company operates and manages its business as one operating segment, which is the development and operation of mobile applications. This determination is based on how the CODM reviews the business, allocates resources, and assesses financial performance using consolidated financial information.

The measure of segment profit or loss reviewed by the CODM is consolidated net loss, as reported on the Consolidated Statements of Operations. The significant expense categories regularly provided to the CODM and included in segment loss are those presented on the face of the Consolidated Statements of Operations: general and administrative, director fees, professional fees, software development expenses, server expenses, and amortization. Other segment items, such as other income (expense), are also regularly reviewed by the CODM.

ANKAM, INC.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

NOVEMBER 30, 2025 AND 2024

Segment Revenue

The CODM uses consolidated revenue as the key measure to evaluate segment revenue performance. For the fiscal year, total segment revenue was entirely generated by Mei Sheng from software product marketing and sales agency services. The Parent, Ankam LLC, and Apex Intelligence LLC had no operating revenue. 

Entity Name	Revenue (USD)		% of Total Consolidated Revenue
Mei Sheng Corporation Limited	$	325,000	$	100%
Ankam LLC		–		0%
Apex Intelligence LLC		–		0%
Ankam, Inc. (Parent)		–		0%
Consolidated Total	$	325,000	$	100%

Note: Total consolidated revenue of $325,000 was entirely generated by Mei Sheng in Hong Kong, Taiwan, and surrounding Asian markets, from software product marketing and sales agency services.

Segment Profit (Loss)

The CODM uses segment operating profit (loss) as the key measure to evaluate segment profitability. 

Entity Name	Profit (Loss) (USD)			% of Consolidated Total Profit (Loss)
Mei Sheng Corporation Limited	$	132,435		$	-200%
Ankam LLC		(8,882	)		13%
Apex Intelligence LLC		(43,800	)		65%
Ankam, Inc. (Parent)		(146,905	)		222%
Consolidated Total	$	(67,152	)	$	100%

For the fiscal year, consolidated segment operating loss was $(67,152). Only Mei Sheng generated operating profit. The Parent, Ankam LLC, and Apex Intelligence LLC had no revenue and incurred only operating expenses, resulting in net losses. Their operating expenses are included in consolidated expenses and do not affect the profit measurement of the single reportable segment.

Products and Services

For the fiscal year, all revenue was derived from software product marketing and sales agency services provided by Mei Sheng.

Geographic Information

All revenue was generated by Mei Sheng, which is based in Hong Kong, China.

ANKAM, INC.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

NOVEMBER 30, 2025 AND 2024

Major Customers

Revenue from significant customers is as follows: 

Customer Name	Amount (USD)		% of Total Revenue
M&D Innovation Technology Limited	$	150,000	$	46%
Liushi International Co., Limited		100,000		31%
Consummation International Business CO., LTD.		75,000		23%
Consolidated Total	$	325,000	$	100%

Segment Assets

Segment assets by entity are as follows: 

Entity Name	Amount (USD)		% of Consolidated Total Assets
Mei Sheng Corporation Limited	$	131,710	$	72%
Apex Intelligence LLC.		47,450		26%
Ankam LLC.		4,392		2%
Ankam, Inc.		–		0%
Consolidated Total	$	183,552	$	100%