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Private company

DUO WORLD INC

DUO WORLD INC is an American prepackaged software services company based in Henderson.2

Last updated Oct 21, 2026.

Overview

$50.6KRevenue, fiscal 20233
$667.0KNet income, fiscal 20234
  • IndustryServices-Prepackaged Software2
  • HeadquartersHenderson, United States2
  • Incorporated inNV5
  • Business address170 S, Green Valley Parkway, Suite 300, Henderson, Nv 890125
  • Filer categoryNon-accelerated filer, Smaller reporting company5
  • Legal formProfit Corporation2
  • LEI549300TF3QTMV1VVOB972
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Business Filings Incorporated, 89701 Carson City, United States2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

41.8%Gross margin3
-460.1%Operating margin3
1319.1%Net margin4
-46.4%Revenue growth, 20233
-$218.2KFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue3¢$29.5K
  • Research and development22¢$200.0K
  • Interest3¢$28.6K
  • Profit72¢$667.0K

Out of $50.6K in revenue.34

Financial statements

Revenue678910113$50.6K in 2023−96% since 2016
0$500.0K$1.0M$1.5M2016: $1.4M$1.4M20162017: $1.1M$1.1M2017−20%2018: $791.9K$791.9K2018−29%2019: $637.7K$637.7K2019−19%2020: $771.9K$771.9K2020+21%2021: $346.5K$346.5K2021−55%2022: $94.3K$94.3K2022−73%2023: $50.6K$50.6K2023−46%
Gross profit678910113$21.1K in 2023−98% since 2016
0$500.0K$1.0M$1.5M2016: $1.1M$1.1M20162017: $771.4K$771.4K2017−28%2018: $480.6K$480.6K2018−38%2019: $395.7K$395.7K2019−18%2020: $516.5K$516.5K2020+31%2021: $60.7K$60.7K2021−88%2022: $9.8K$9.8K2022−84%2023: $21.1K$21.1K2023+115%
Operating income678910113-$232.7K in 2023−60% since 2016
-$6.0M-$4.0M-$2.0M02016: -$574.5K-$574.5K20162017: -$808.7K-$808.7K2017+41%2018: -$5.2M-$5.2M2018+545%2019: -$1.0M-$1.0M2019−80%2020: -$42.7K-$42.7K2020−96%2021: -$330.7K-$330.7K2021+675%2022: -$270.1K-$270.1K2022−18%2023: -$232.7K-$232.7K2023−14%
Net income789101134$667.0K in 2023
-$6.0M-$4.0M-$2.0M0$2.0M2016: -$560.0K-$560.0K20162017: -$789.3K-$789.3K2017+41%2018: -$5.6M-$5.6M2018+606%2019: -$1.3M-$1.3M2019−76%2020: -$373.3K-$373.3K2020−72%2021: -$532.9K-$532.9K2021+43%2022: -$333.5K-$333.5K2022−37%2023: $667.0K$667.0K2023
Fiscal year20162017201820192020202120222023
Revenue$1.4M6$1.1M7$791.9K8$637.7K9$771.9K10$346.5K11$94.3K3$50.6K3
Cost of revenue$322.2K6$344.9K7$311.3K8$242.0K9$255.4K10$285.8K11$84.5K3$29.5K3
Gross profit$1.1M6$771.4K7$480.6K8$395.7K9$516.5K10$60.7K11$9.8K3$21.1K3
Research and development$142.8K6$40.2K7$171.4K9$43.9K10$12.7K11$03$200.0K3
Operating expenses$279.9K3$253.8K3
Operating income-$574.5K6-$808.7K7-$5.2M8-$1.0M9-$42.7K10-$330.7K11-$270.1K3-$232.7K3
Interest$224.8K9$189.0K10$162.9K11$25.3K3$28.6K3
Income before tax-$333.5K3$660.8K3
Income tax-$10.6K6-$11.9K7
Net income-$560.0K7-$789.3K7-$5.6M8-$1.3M9-$373.3K10-$532.9K11-$333.5K3$667.0K4
Earnings per share$0.0011$0.003$0.013
Shares (weighted, basic)118.7M shares3129.7M shares3

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Corporate structure

DUO WORLD INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of DUO WORLD INC

  • Muhunthan Canagasooryam Filed SC 13G/A on DUO WORLD INC, latest May 2, 2023 (2 filings since May 24, 2022)
  • Alan Lorcan Devlin Filed SC 13G/A on DUO WORLD INC, latest May 27, 2022
  • DUO WORLD INC Henderson, Nevada, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What DUO WORLD INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$150.0K3 Mar 31, 2023$158.6K3 Mar 31, 2022−5.4%
Accumulated depreciation$139.5K3 Mar 31, 2023$154.5K3 Mar 31, 2022−9.7%
Property and equipment, net$10.5K3 Mar 31, 2023$4.1K3 Mar 31, 2022+158.0%
Operating-lease assets (leased space)$14.2K3 Mar 31, 2023$10.3K10 Mar 31, 2020+37.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$18.7K3 Mar 31, 2023$23.6K3 Mar 31, 2022−20.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$104.4K3 Mar 31, 2023
Intangible assets, net (excluding goodwill)$242.6K3 Mar 31, 2023$251.4K3 Mar 31, 2022−3.5%

Leadership

Who has led DUO WORLD INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Muhunthan Canagasooryam2016–2023

President

  1. Muhunthan Canagasooryam2016–2023

Chief financial officer

  1. Suzannah Jennifer Samuel Perera2016–2023
20202025
Board members and other officers (4)

Timeline

  1. Dec 20, 20238-K Other events16
  2. Dec 18, 20238-K Executive or director change17
  3. Dec 13, 20238-K Executive or director change18
  4. Sep 5, 20238-K Earlier financial statements no longer reliable19
  5. Aug 21, 20238-K Change of auditor; Earlier financial statements no longer reliable20
  6. Aug 16, 20238-K Earlier financial statements no longer reliable21
  7. Aug 9, 20238-K Other events22
  8. Jun 8, 20238-K Change of auditor23
  9. Mar 17, 20238-K Other events24
  10. Oct 12, 20228-K Unregistered sale of shares25
  11. Sep 27, 20228-K Other events26
  12. May 11, 20228-K Change in control27
  13. Sep 27, 2016New chief executive Muhunthan Canagasooryam becomes CEO13

Filings

43 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 12 major events, 6 insider forms, 3 large holders, 13 other. The latest 20:

  1. Dec 21, 202315-12G EDGAR
  2. Dec 20, 20238-K EDGAR
  3. Dec 18, 20238-K/A EDGAR
  4. Dec 14, 202310-Q EDGAR
  5. Dec 13, 20238-K EDGAR
  6. Nov 14, 2023NT 10-Q EDGAR
  7. Oct 12, 2023UPLOAD EDGAR
  8. Sep 5, 2023CORRESP EDGAR
  9. Sep 5, 20238-K/A EDGAR
  10. Aug 25, 2023UPLOAD EDGAR
  11. Aug 21, 202310-Q EDGAR
  12. Aug 21, 20238-K EDGAR
  13. Aug 16, 20238-K EDGAR
  14. Aug 14, 2023NT 10-Q EDGAR
  15. Aug 9, 20238-K EDGAR
  16. Jul 13, 202310-K EDGAR
  17. Jun 29, 2023NT 10-K EDGAR
  18. Jun 8, 20238-K EDGAR
  19. May 2, 2023SC 13G/A EDGAR
  20. May 2, 20235 EDGAR

The 43 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How DUO WORLD INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDUO WORLD INC1
  • CIK0001635136
  • Employer ID (EIN)35-25175721
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNevada1
  • Fiscal year endsMarch 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address170 S, Green Valley Parkway, Suite 300, Henderson, NV 890121
  • Mailing addressNo.6, Charles Terrace, Off Alfred Place,, Colombo, F1 003001
  • Phone1 702-710-39201
  • Shares outstanding88,375,838 as of Dec 11, 20234
  • Public float$6.7M as of Sep 30, 20223
  • On EDGAR sinceMar 4, 20151
  • Filings133 in all: 10-Q (22), 5 (18), 8-K (14), SC 13G/A (11), NT 10-Q (10), CORRESP (8), 10-K (7), UPLOAD (6)1
    All 27 form types

    424B3 (5), NT 10-K (4), S-1/A (4), 3 (3), SC 13G (3), 4 (2), 8-K/A (2), EFFECT (2), S-8 POS (2), 15-12G (1), 8-A12G (1), D (1), D/A (1), DEF 14C (1), POS AM (1), PRE 14C (1), PRER14C (1), S-1 (1), S-8 (1)

  • Latest filingsAnnual report (10-K) Jul 13, 2023
    Quarterly report (10-Q) Dec 14, 2023
    Latest 8-K (8-K) Dec 20, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

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