v3.26.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Ordinary Shares
Additional Paid-in Capital
Retained Deficit and Earnings
Statutory Reserve
Accumulated Other Comprehensive Profit (Loss)
The Shareholders' Equity Attributable to BGM Group Ltd
Non-controlling Interests
Total
Balance as of beginning at Sep. 30, 2023 $ 59,583 $ 36,410,931 $ 5,896,373 $ 3,162,333 $ (2,737,087) $ 42,792,133 $ 1,559,268 $ 44,351,401
Balance as of beginning (in shares) at Sep. 30, 2023 7,226,480              
Increase (Decrease) in Stockholders' Equity                
Net loss for the year     (1,442,830)     (1,442,830) (74,331) (1,517,161)
Appropriation for statutory reserve     (104,166) 103,748   (418) 418  
Foreign currency translation adjustment         1,394,959 1,394,959 (135,850) 1,259,109
Balance as of ending at Sep. 30, 2024 $ 59,583 36,410,931 4,349,377 3,266,081 (1,342,128) 42,743,844 1,349,505 $ 44,093,349
Balance as of ending (in shares) at Sep. 30, 2024 7,226,480             7,226,480
Increase (Decrease) in Stockholders' Equity                
Issuance of common shares $ 1,602,706 352,377,765       353,980,471   $ 353,980,471
Issuance of common shares (in shares) 192,324,378              
Stock options granted to employees $ 8,938 10,228,769       10,237,707   10,237,707
Stock options granted to employees (in shares) 1,072,500              
Net loss for the year     (19,941,242)     (19,941,242) (274,772) (20,216,014)
Appropriation for statutory reserve     (185,180) 185,180        
Foreign currency translation adjustment         3,857,337 3,857,337 (55,357) 3,801,980
Balance as of ending at Sep. 30, 2025 $ 1,671,227 $ 399,017,465 $ (15,777,045) $ 3,451,261 $ 2,515,209 $ 390,878,117 $ 1,019,376 $ 391,897,493
Balance as of ending (in shares) at Sep. 30, 2025 200,623,358             200,623,358