Excelsoft Technologies Ltd

Expertise in product engineering, development and implementation across assessments, digital learning & information management systems with robust product capabilities.

Long term relationships with global customers.

Expertise in delivering fully compliant digital learning and assessment solutions to clients globally.

Flexibility to work with diversified technologies to provide the right-fit solution, driven by agile methodologies.

Its business subjects the company to risks in multiple countries where subsidiary companies and its customers are situated. The company derives a significant portion of its revenues from clients located in the United States of America, Singapore and the United Kingdom. Should the company expand its business operations in these jurisdictions and to other geographies, any adverse developments in these markets could adversely affect its business.

A significant portion of its revenue over the last three Fiscals and the six months period ended September 30, 2024, is derived from Pearson Education Group. Any decrease in revenues from Pearson Education Group or any loss of business from Pearson Education Group may adversely affect its business, financial condition, cash flows and results of operations.

Its ability to retain the customers is heavily dependent upon various factors including its reputation and the company ability to maintain a high level of service quality including its satisfactory performance for the customers. Any failures by it to retain or attract customers may impact its business and revenues.

The company depends on certain key customers for a significant portion of its revenues (the company top 5, top 10 and top 20 customers contributed to 59.53%, 72.16% and 87.33%, respectively, of its revenue from operations in Fiscal 2024). Any decrease in revenues from any of its key customers or any loss of these customers may adversely affect the company business, financial condition, cash flows and results of operations.