| Metric | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash | $5.0M+3911.4% | $124K-29.0% | $174K |
| Note receivable | $65K | — | — |
| Contract assets | $119K-8.1% | $130K+189.5% | $45K |
| Inventories, net | $97K | — | — |
| Right of return asset | $142K | — | — |
| Total current assets | $10.3M+190.4% | $3.5M+45.3% | $2.4M |
| Investment in other entity | $16K+0.0% | $16K | — |
| Property and equipment at cost, net of accumulated depreciation | $389K+12.9% | $345K-29.5% | $490K |
| Intangible assets, net | $365K | — | — |
| Right of use operating lease assets | $3.2M-9.0% | $3.5M+52.8% | $2.3M |
| Right of use financing lease assets | $94K+150.3% | $37K-22.3% | $48K |
| Deferred tax asset | $90K | — | — |
| Deferred offering costs | $1.5M | — | $90K |
| Deposit and prepayment | $104K-48.6% | $202K | — |
| Total non-current assets | $4.1M-27.0% | $5.7M+86.2% | $3.0M |
| TOTAL ASSETS | $14.4M+56.7% | $9.2M+68.0% | $5.5M |
| Accrued liabilities and other payables | $2.1M+58.7% | $1.3M+310.1% | $326K |
| Current portion of obligations under operating leases | $2.3M+95.8% | $1.2M+54.2% | $770K |
| Current portion of obligations under financing leases | $47K+25.0% | $38K-12.3% | $43K |
| Loans payable, current | $1.3M+74.1% | $747K+27.3% | $587K |
| Contract liabilities | $15K | — | — |
| Dividend payable | $99K | — | $99K |
| Tax payable | $313K+292.0% | $80K+143.2% | $33K |
| Due to shareholders | $1.0M | — | $90K |
| Derivative liabilities | $911K | — | — |
| Refund liabilities | $77K | — | — |
| Total current liabilities | $9.7M+64.0% | $5.9M+112.4% | $2.8M |
| Loans payable, non-current | $60K-55.7% | $136K-41.1% | $232K |
| Deferred tax liabilities | $83K | — | — |
| Obligations under operating leases, non-current | $1.6M-37.8% | $2.5M+60.2% | $1.6M |
| Obligations under financing leases, non-current | $66K+279.5% | $17K-20.0% | $22K |
| Total non-current liabilities | $1.9M-28.8% | $2.7M+44.4% | $1.8M |
| TOTAL LIABILITIES | $11.6M+35.1% | $8.6M+85.3% | $4.6M |
| Common stocks, $0.0001 par value, 200,000,000 shares authorized, 10,500,000 and 6,000,000 issued and outstanding as of June 30, 2025 and 2024, respectively | $1K+75.0% | $600+0.0% | $600 |
| Subscription receivable | -$600 | — | -$600 |
| Additional paid-in capital | $8.1M+1158.0% | $643K | — |
| Statutory reserve | $63K | — | — |
| Deficits | -$5.3M-91245.1% | -$6K-100.7% | $862K |
| Accumulated other comprehensive income | $12K+314.4% | $3K+1318.0% | -$244 |
| Total equity | $2.8M+344.8% | $640K-25.1% | $855K |
| TOTAL LIABILITIES AND EQUITY | $14.4M+56.7% | $9.2M+68.0% | $5.5M |
| Third Party | |||
| Trade accounts receivable | $396K-48.1% | $763K-44.4% | $1.4M |
| Prepayment and other receivable – third parties | $450K | — | — |
| Loan receivable from a third party | $11K | — | — |
| Accounts payables – third parties | $2.5M+114.7% | $1.2M+151.4% | $462K |
| Related Party | |||
| Other receivable – related party | $869K+97.0% | $441K+888.8% | $45K |
| Loan receivable from related parties | $278K | — | $746K |
| Accounts payables – related parties | $65K-71.4% | $228K-37.7% | $365K |
| Loan payable to a related party | $124K | — | — |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.