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King Resources's Business Segments
King Resources's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
2
Largest Segment
Art and Collectibles Segment
Total Revenue
$ 1
Regions Reported
-
Annual Results
Revenue Share by Reportable Segment - FY2026
- Art and Collectibles Segment93.1%
- Technical Consultancy Services Segment7%
Revenue by Reportable Segment - FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Art and Collectibles Segment | $ 1 | 93.1% |
| Technical Consultancy Services Segment | $ 0 | 7% |
Description of King Resources
The company is engaged in technology development, product development, and sales, with a focus on enhancing its e-commerce platform and building customer communities. Its primary operations include collectibles sales and technical consultancy services, particularly research and development and technology development under fixed-price contracts. Revenue from collectibles sales is recognized when customers obtain control of the products, while services revenue is recognized upon completion of the service. Costs related to goods sold, personnel, supplies, materials, and labor are included in the cost of revenue. Since inception, the company has not achieved profitability and expects to continue incurring net losses, relying on additional funding from shareholders and potential investments, including up to $20,000,000 from Williamsburg Venture Holdings, LLC. The company does not pay dividends, instead applying cash to product development, acquisitions, or expansion. Its continuation as a going concern depends on improving profitability and securing financial support, with its auditor expressing substantial doubt about its ability to continue. The company follows critical accounting policies including impairment of long-lived assets and revenue recognition under ASC Topic 606, recognizing revenue when control of goods or services transfers to customers. It is not involved in off-balance sheet arrangements and anticipates increased expenses in technology, sales, marketing, and administrative areas as it grows.
The Company operates two reportable business segments in accordance with ASC 280: the Art and Collectibles segment, which involves the sale of art and collectibles, and the Technical Consultancy segment, which provides technical consultancy services. For the years ended March 31, 2026 and 2025, all revenues and expenses were generated in Hong Kong; therefore, no geographical segment information is presented. The Chief Operating Decision Maker is the Chief Executive Officer, Mrs. Wong Nga Yin Polin, who reviews performance and makes resource allocation decisions.