8 Segments (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Reportable Segments

			CMG Holding
	XA		Group			Total
Revenues		1,165,088		—			1,165,088
Cost of Revenues		928,454		—			928,454
Gross Profit		236,634		—			236,634
Operating expenses		197,437		130,172			327,609
Operating income (loss)		39,197		(130,172	)		(90,976	)
Other income (expenses)		—		48,618			48,618
Net income(loss)		39,196		(81,554	)		(42,357	)

The Company splits its business activities during the year ended December 31, 2023 into two reportable segments. Each segment represents an entity of which are included in the consolidation. The table below represents the operations results for each segment or entity, for the period ended June 30, 2023.

			CMG Holding
	XA		Group			Total
Revenues		479,425		—			479,425
Cost of Revenues		273,943		—			278,943
Gross Profit		205,482		—			205,482
Operating expenses		194,687		199,437			394,124
Operating income (loss)		10,795		(199,437	)		(188,642	)
Other income (expenses)		—		42,803			42,803
Net income(loss)		10,795		(156,634	)		(147,830	)