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v3.25.1

Operating revenue (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes and other explanatory information [abstract] |
Schedule of Disaggregation of revenue | Schedule of Disaggregation of revenue
|  | Year ended December 31, 2024 |  |  | Year ended December 31, 2023 |
Revenue from contracts with customers |  |  |  |  |  |  |  |
Good sales |  | $ | 17,563,985 |  |  | $ | 23,777,952 |
Schedule of Revenue For Geographical Regions | The Group derives revenue from the transfer of goods and services at a point in time in the following major product lines and geographical regions: Schedule of Revenue For Geographical Regions
Revenue from external customer contracts |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2024 |  | Europe |  |  | Other areas |  |  | Others |  |  | Total |
Bicycle frame |  | $ | 13,224,192 |  |  | $ | 1,176,654 |  |  | $ | - |  |  | $ | 14,400,846 |
Racket |  |  | 939,656 |  |  |  | 745,181 |  |  |  | - |  |  |  | 1,684,837 |
Crank |  |  | 686,657 |  |  |  | - |  |  |  | - |  |  |  | 686,657 |
Others |  |  | - |  |  |  | - |  |  |  | 791,645 |  |  |  | 791,645 |
Total |  | $ | 14,850,505 |  |  | $ | 1,921,835 |  |  | $ | 791,645 |  |  | $ | 17,563,985 |
Revenue from external customer contracts |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2023 |  | Europe |  |  | Other areas |  |  | Others |  |  | Total |
Bicycle frame |  | $ | 14,675,036 |  |  | $ | 543,969 |  |  | $ | - |  |  | $ | 15,219,005 |
Racket |  |  | 5,381,594 |  |  |  | 1,660,899 |  |  |  | - |  |  |  | 7,042,493 |
Crank |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 0 |
Others |  |  | - |  |  |  | - |  |  |  | 1,516,454 |  |  |  | 1,516,454 |
Total |  | $ | 20,056,630 |  |  | $ | 2,204,868 |  |  | $ | 1,516,454 |  |  | $ | 23,777,952 |
Schedule of Contract liabilities | Schedule of Contract liabilities
| (a) | The Group has recognized the following revenue-related contract liabilities:
|  | As of |  |  | As of |
|  | December 31, 2024 |  |  | December 31, 2023 |
Contract liabilities - receipts in advance |  | $ | 108,165 |  |  | $ | 276,210 |
| (b) | Revenue recognized that was included in the contract liability balance at the beginning of the year:
|  | Year ended December 31, 2024 |  |  | Year ended December 31, 2023 |
Revenue recognized from beginning contract liabilities |  | $ | 276,210 |  |  | $ | 506,917 |
| a) | Contract liabilities balance at the beginning of the year is fully recognized during the year.

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- Definition The disclosure of the disaggregation of revenue from contracts with customers. [Refer: Revenue from contracts with customers] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2024-01-01 -Paragraph 114 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2024-en-r&anchor=para_114&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The explanation of the significant changes in the contract assets and the contract liabilities. [Refer: Contract assets; Contract liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2024-01-01 -Paragraph 118 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2024-en-r&anchor=para_118&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The disclosure of information about the relationship between the disclosure of disaggregated revenue from contracts with customers and revenue information for reportable segments. [Refer: Reportable segments [member]; Revenue from contracts with customers] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2024-01-01 -Paragraph 115 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2024-en-r&anchor=para_115&doctype=Standard -URIDate 2024-03-27 + Details
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