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REVENUE
6 Months Ended
Dec. 31, 2021
REVENUE  
NOTE 3- REVENUE

NOTE 3 - REVENUE:

 

The Company’s subsidiary, Anton Nielsen Vojens, ApS has one customer who is a non-related party and leases property from the Company. Rent revenues related to the operating lease are recognized as incurred. The Company’s subsidiary Sharx DK ApS had zero retail customers for the three and six month period ending December 31, 2020 and zero for the three and six month period ending December 31, 2021. The Company has determined that is an agent of the manufacturer and collects commission revenue at or before the delivery of product.

 

The Company disaggregates revenues by revenue type and geographic location. See the below tables:

 

 

 

Three Months Ended December 31,

 

Revenue Type

 

2021

 

 

2020

 

Real Estate Rental

 

$9,867

 

 

$10,284

 

Commission Revenues

 

 

-

 

 

 

-

 

Total Sales by Revenue Type

 

$9,867

 

 

$10,284

 

 

 

 

Six Months Ended December 31,

 

Revenue Type

 

2021

 

 

2020

 

Real Estate Rental

 

$20,048

 

 

$20,613

 

Commission Revenues

 

 

-

 

 

 

-

 

Total Sales by Revenue Type

 

$20,048

 

 

$20,613

 

 

The Company’s derives revenues from 100% of foreign revenues. For the period ending December 31, 2021 and December 31, 2020 the major geographic concentrations were as follows:

 

 

 

Geographic Regions

 

 

 

for the Three Months Ended December 31,

 

Revenue Type

 

2021

 

 

2020

 

International

 

$9,867

 

 

$10,284

 

Domestic

 

 

-

 

 

 

-

 

Total Sales by Geographic Location

 

$9,867

 

 

$10,284

 

 

 

 

Geographic Regions

 

 

 

for the Six Months Ended December 31,

 

Revenue Type

 

2021

 

 

2020

 

International

 

$20,048

 

 

$20,613

 

Domestic

 

 

-

 

 

 

-

 

Total Sales by Geographic Location

 

$20,048

 

 

$20,613