v3.25.2
CONTRACT LIABILITIES
 6 Months Ended
Mar. 31, 2025
Contract Liabilities  
CONTRACT LIABILITIES

NOTE 10 – CONTRACT LIABILITIES

 

Contract liabilities consists of the following:

 

   March 31,
2025		   September 30,
2024		 
   As of 
   March 31,
2025		   September 30,
2024		 
         
Balance at beginning of the period  $1,673   $7,943 
Additions   1,014,912    858,595 
Recognized to revenue during the period   (1,016,585)   (864,865)
Balance at end of the period  $-   $1,673 

 

Contract liabilities represent the payment advanced from customers.

 

 

QMMM HOLDINGS LIMITED

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED MARCH 31, 2025 AND 2024

(Stated in US Dollars)