ORGANIZATION AND BUSINESS DESCRIPTION (Tables)
|
9 Months Ended |
Mar. 31, 2025 |
|---|
| Accounting Policies [Abstract] |
|
| SCHEDULE OF SUBSIDIARIES |
SCHEDULE OF SUBSIDIARIES
| Schedule of subsidiaries | |
| |
| |
| |
| | |
Date of
incorporation/
acquisition | |
Place of
incorporation | |
Percentage of
direct or indirect
economic interest | |
| Subsidiaries | |
| |
| |
| | |
Golden Star Acquisition
Corporation (“Golden Star”) | |
January 24, 2025 | |
Cayman Islands | |
| 100 | % |
| Joypub Holding Limited (“Joypub”) | |
December 9, 2020 | |
BVI | |
| 100 | % |
| Gamehaus Inc. (“Gamehaus Inc.”) | |
December 2, 2022 | |
Cayman Islands | |
| 100 | % |
| Gamehaus PTE LTD (“Gamehaus SG”) | |
May 25, 2022 | |
Singapore | |
| 100 | % |
| Gamehaus Limited (“Gamehaus HK”) | |
January 7, 2021 | |
Hong Kong | |
| 100 | % |
| Gamepromo Co., Limited (“Gamepromo”) | |
May 17, 2021 | |
Hong Kong | |
| 100 | % |
Shanghai Haoyu Technology Co., Ltd.
(“Haoyu SH”) | |
September 30, 2022 | |
PRC | |
| 100 | % |
Chongqing Haohan Network
Technology Co., Ltd. (“Haohan CQ”) | |
March 4, 2021 | |
PRC | |
| 100 | % |
Beijing Haoyou Network
Technology Co., Ltd. (“Haoyou BJ”) | |
April 8, 2021 | |
PRC | |
| 100 | % |
Chongqing Fanfengjian Network
Technology Co., Ltd. (“Fanfengjian CQ”) | |
April 16, 2021 | |
PRC | |
| 70 | % |
Shanghai Fanfengjian Network
Technology Co., Ltd. (“Fanfengjian SH”) | |
November 19, 2021 | |
PRC | |
| 70 | % |
Shanghai Kuangre Network Technology
Co., Ltd. (“Kuangre SH”) | |
August 25, 2016 | |
PRC | |
| 100 | % |
| Dataverse Co., Limited (“Dataverse”) | |
September 9, 2016 | |
Hong Kong | |
| 100 | % |
| Avid.ly Co., Limited (“Avid.ly”)* | |
June 21, 2017 | |
Hong Kong | |
| 100 | % |
| * | The entity was deregistered on May 2, 2025. Since the operation of the entity was transferred to the
other entities of the Company, the deregistration did not have a material impact on the Company’s unaudited condensed
consolidated financial statements for the nine months ended March 31, 2025 and 2024. |
|
| SCHEDULE OF NET INCOME PER SHARE BEFORE AND AFTER THE RETROSPECTIVE ADJUSTMENTS |
The net income per share before and after the
retrospective adjustments are as follows.
SCHEDULE OF NET INCOME PER SHARE BEFORE AND
AFTER THE RETROSPECTIVE ADJUSTMENTS
| | |
For the Nine Months Ended
March 31, 2024 | |
| | |
Before
adjustment | | |
After
adjustment | |
| Net income attributable to Gamehaus Holdings Inc.’s
shareholders per share | |
| | | |
| | |
| —Basic and diluted | |
$ | 0.04 | | |
$ | 0.11 | |
|
| SCHEDULE OF OPENING AND CLOSING BALANCES IN CONTRACT LIABILITIES AND ACCOUNTS RECEIVABLE |
The following table summarizes the Company’s
opening and closing balances in contract liabilities and accounts receivable:
SCHEDULE OF OPENING AND CLOSING BALANCES IN CONTRACT LIABILITIES
AND ACCOUNTS RECEIVABLE
| |
|
Accounts
Receivable |
|
|
Contract
Liabilities |
|
| Balance as of June 30, 2024 |
|
|
11,024,450 |
|
|
|
2,830,068 |
|
| Balance as of March 31, 2025 |
|
|
11,346,858 |
|
|
|
3,342,088 |
|
|
| SCHEDULE OF PLANT AND EQUIPMENT |
Plant and equipment are recorded at cost. Depreciation
is provided in amounts sufficient to recognize the cost of the related assets over their useful lives using the straight-line method,
as follows:
SCHEDULE OF PLANT AND EQUIPMENT
| Category | |
Estimated
useful lives | |
Residual
value | |
| Electronic equipment | |
3 years | |
| 5 | % |
| Transportation equipment | |
5 years | |
| 5 | % |
|
| SCHEDULE OF INTANGIBLE ASSETS USEFUL LIFE |
Intangible assets acquired are recorded at cost
less accumulated amortization. Amortization is provided in amounts sufficient to recognize the cost of the related assets over their useful
lives using the straight-line method, as follows:
SCHEDULE OF INTANGIBLE ASSETS USEFUL LIFE
| |
|
Useful life |
|
| Developed games |
|
2-7 years |
|
| Royalties |
|
5-8 years |
|
| Copyright |
|
8-10 years |
|
|
| SCHEDULE OF FOREIGN CURRENCY TRANSLATION |
SCHEDULE OF FOREIGN CURRENCY TRANSLATION
| |
|
March 31,
2025 |
|
|
June 30,
2024 |
|
| Balance sheet items, except for equity accounts |
|
$1=RMB7.2567 |
|
|
$1=RMB7.2672 |
|
| |
|
For the
Nine Months Ended
March 31 |
|
| |
|
2025 |
|
|
2024 |
|
| Items in the statements of income and cash flows |
|
$1=RMB7.2070 |
|
|
$1=RMB7.2193 |
|
|