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REVENUE
12 Months Ended
Jun. 30, 2022
REVENUE  
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 earned. The Company’s subsidiary Sharx DK ApS had zero retail customers for the year ending June 30, 2021 and zero for the year ending June 30, 2022.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:

 

 

 

Year Ended June 30,

 

Revenue Type

 

2022

 

 

2021

 

Real Estate Rental

 

$39,515

 

 

$41,421

 

Commission Revenues

 

 

 

 

 

 

Total Sales by Revenue Type

 

$39,515

 

 

$41,421

 

 

The Company’s derives revenues from 100% of foreign revenues. For the period ending June 30, 2022 and June 30, 2021 the major geographic concentrations were as follows:

 

 

Geographic Regions

for the Twelve Months

Ended June 30,

 

Revenue Type

 

2022

 

 

2021

 

International

 

$39,515

 

 

$41,421

 

Domestic

 

 

 

 

 

 

Total Sales by Geographic Location

 

$39,515

 

 

$41,421