v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Jun. 30, 2025
Current assets    
Cash and cash equivalents $ 188,054,737 $ 17,206,993
Accounts receivable, net 615,687 185,054
Contract assets 643,408 34,084
Contract costs 20,431
Inventories 14,576,567
Income tax receivable 3,614
Loans receivable, net, current 22,640,182 20,397,475
Prepayments, deposits and other receivables, current 4,343,913 1,085,462
Total current assets 230,956,337 39,029,217
Non-current assets    
Property and equipment, net 3,615,573 246,371
Intangible assets 2,889,035
Operating lease right-of-use assets, net 2,378,168 1,001,610
Investments in equity securities 567,455 966,829
Investments in equity method investees 1,883,467
Loans receivable, net, non-current 1,078,000 9,740,817
Prepayments and deposits, non-current 1,866,140 1,022,554
Deferred tax assets, net 42,550 43,749
Total assets 245,298,704 52,051,147
Current liabilities    
Accounts payable 883,706 416,105
Accrued expenses and other payables 1,677,286 300,611
Amounts due to related parties 1,111,920 173,885
Contract liabilities 588,816 49,989
Contingent consideration payable 29,189,460 29,633,064
Bank and other borrowings, current 285,607 453,070
Income tax payable 64,180
Operating lease liabilities, current 1,253,632 739,105
Total current liabilities 35,075,434 31,837,248
Non-current liabilities    
Bank and other borrowings, non-current 114,781 122,891
Operating lease liabilities, non-current 1,029,044 262,612
Total liabilities 36,270,035 32,222,751
Mezzanine equity    
Redeemable noncontrolling interests 2,512,190
Shareholders’ equity    
Ordinary shares, no par value, unlimited number of ordinary shares authorized, 43,216,535 and 22,169,854 ordinary shares issued and outstanding as of December 31, 2025 and June 30, 2025, respectively* [1] 244,920,720 33,104,858
Additional paid-in capital 59,608,946 8,973,101
Accumulated other comprehensive income 60,774 67,114
Accumulated deficit (98,073,961) (22,316,677)
Total equity 206,516,479 19,828,396
Total liabilities, mezzanine equity and equity 245,298,704 52,051,147
Related Party    
Current assets    
Amounts due from related parties 70,903 70,674
Rental deposits – related parties, current 21,783
Prepayments – related parties 7,326 7,261
Non-current assets    
Rental deposits – related parties, non-current 21,979
Current liabilities    
Operating lease liabilities - related parties, current 85,007 7,239
Non-current liabilities    
Operating lease liabilities - related parties, non-current $ 50,776
[1] Shares and per share data are presented on a retroactive basis to reflect the nominal share issuance and share split.