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REVENUE
12 Months Ended
Jun. 30, 2020
Revenue Abstract  
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 derived its commission revenues from the sales of cargo security product from one customer. 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   2020   2019
Real Estate Renal   $ 37,280     $ 38,408  
Commission Revenues     5,874       —    
Total Sales by Revenue Type   $ 43,154     $ 38,408  

 

The Company’s derives revenues from 100% of foreign revenues. For the period ending June 30, 2020 and June 30, 2019 the major geographic concentrations were as follows:

 

    U.S.A. Sales   Foreign Sales
    for the Year Ended June 30,   for the Year Ended June 30,
Revenue Type   2020   2019   2020   2019
Real Estate Rental Revenues   $ —       $ —       $ 37,280     $ 38,408  
Commission Revenues     —         —         5,874       —    
Total Sales by Geographic Location   $ —       $ —       $ 43,154     $ 38,408