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REVENUE
9 Months Ended
Mar. 31, 2022
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 nine month period ending March 31, 2022 and zero for the three and nine month period ending March 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 March 31,

 

Revenue Type

 

2022

 

 

2021

 

Real Estate Rental

 

$9,991

 

 

$10,404

 

Commission Revenues

 

 

 

 

 

 

Total Sales by Revenue Type

 

$9,991

 

 

$10,404

 

 

 

 

Nine Months Ended March 31,

 

Revenue Type

 

2022

 

 

2021

 

Real Estate Rental

 

$30,039

 

 

$31,017

 

Commission Revenues

 

 

 

 

 

 

Total Sales by Revenue Type

 

$30,039

 

 

$31,017

 

 

The Company’s derives revenues from 100% of foreign revenues. For the period ending March 31, 2022 and March 31, 2021 the major geographic concentrations were as follows:

 

 

 

Geographic Regions

 

 

 

for the Three Months Ended March 31,

 

Revenue Type

 

2022

 

 

2021

 

International

 

$9,991

 

 

$10,404

 

Domestic

 

 

 

 

 

 

Total Sales by Geographic Location

 

$9,991

 

 

$10,404

 

 

 

 

Geographic Regions

 

 

 

for the Nine Months Ended March 31,

 

Revenue Type

 

2022

 

 

2021

 

International

 

$30,039

 

 

$31,017

 

Domestic

 

 

 

 

 

 

Total Sales by Geographic Location

 

$30,039

 

 

$31,017