3. Disaggregated Revenue

 

The following table disaggregates revenue by product category for the following periods:

 

   Years Ended June 30, 
   2025   2024 
Janitorial and Sanitation  $1,811,870   $1,518,079 
Ice System   66,691    19,495 
Other   194,273    67,399 
Total Revenue  $2,072,834   $1,604,973 

  

The “Other” category of revenue consists primarily of sales of parts, accessories, shipping and handling, and equipment rental income.

Historical Timeline

Fiscal YearFiled
2025Aug 22, 2025Showing above
2024Sep 20, 2024

About Revenue Disclosures

Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.

Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.