Exhibit 99.1
INDEX TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| F-1 |
CREATIVE GLOBAL TECHNOLOGY HOLDINGS LIMITED
INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
AS OF MARCH 31, 2026 AND SEPTEMBER 30, 2025
| March 31, | September 30, | |||||||
| 2026 | 2025 | |||||||
| (Unaudited) | (Audited) | |||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | $ | ||||||
| Prepayments, other receivables and other current assets | ||||||||
| Inventories, net | ||||||||
| Total current assets | ||||||||
| Non-current assets: | ||||||||
| Property, plant and equipment, net | ||||||||
| Right-of-use assets, net | ||||||||
| Deferred tax assets, net | ||||||||
| Total non-current assets | ||||||||
| Total Assets | $ | $ | ||||||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
| Current Liabilities: | ||||||||
| Accounts payable | $ | $ | ||||||
| Tax payable | ||||||||
| Other payables and accrued liabilities | ||||||||
| Amounts due to related parties | ||||||||
| Lease liabilities – current | ||||||||
| Total current liabilities | ||||||||
| Non-current liabilities: | ||||||||
| Lease liabilities – non current | ||||||||
| Total non-current liabilities | ||||||||
| Total liabilities | ||||||||
| SHAREHOLDERS’ EQUITY | ||||||||
| Class A ordinary shares (US$ | ||||||||
| Class B ordinary shares (US$ | ||||||||
| Additional paid-up capital | ||||||||
| Retained earnings (Deficit) | ( | ) | ||||||
| Accumulated other comprehensive loss | ( | ) | ( | ) | ||||
| Total shareholders’ equity | ||||||||
| Total liabilities and shareholders’ equity | $ | $ | ||||||
| F-2 |
CREATIVE GLOBAL TECHNOLOGY HOLDINGS LIMITED
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND
COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED MARCH 31, 2026 AND 2025
| 2026 | 2025 | |||||||
| Revenues | $ | $ | ||||||
| Cost of revenues | ( | ) | ( | ) | ||||
| Gross Profit | ( | ) | ||||||
| Operating expenses: | ||||||||
| Selling and marketing | ( | ) | ( | ) | ||||
| General and administrative | ( | ) | ( | ) | ||||
| Share-based compensation | ( | ) | ||||||
| Total operating expenses | ( | ) | ( | ) | ||||
| Loss from operations | ( | ) | ( | ) | ||||
| Other income/ (loss): | ||||||||
| Other income | ( | ) | ||||||
| Interest income, net | ||||||||
| ( | ) | |||||||
| Loss before taxes | ( | ) | ( | ) | ||||
| Income tax benefit (expense) | ( | ) | ||||||
| Net loss | ( | ) | ( | ) | ||||
| Other Comprehensive Loss | ||||||||
| Foreign currency translation adjustment | $ | ( | ) | $ | ( | ) | ||
| Total Comprehensive Loss | $ | ( | ) | $ | ( | ) | ||
| Net Loss per share attributable to ordinary shareholders basic and diluted | $ | ( | ) | $ | ( | ) | ||
| Weighted average number of ordinary shares used in computing net loss per share basic and diluted | ||||||||
| F-3 |
CREATIVE GLOBAL TECHNOLOGY HOLDINGS LIMITED
INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN
SHAREHOLDERS’ EQUITY
FOR THE SIX MONTHS ENDED MARCH 31, 2026 AND 2025
| Ordinary Shares | Accumulated other | |||||||||||||||||||||||||||||||||||||||
| Common stock | Class A | Class B | Additional | comprehensive | Retained | |||||||||||||||||||||||||||||||||||
| No. of Shares |
Amount | No. of Shares |
Amount | No. of Shares |
Amount | paid-in capital |
income (loss) |
earnings (Deficit) |
Total | |||||||||||||||||||||||||||||||
| $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||||||||||||||||
| Balance as of October 1, 2024 | ( | ) | ||||||||||||||||||||||||||||||||||||||
| Foreign currency translation adjustments | - | - | - | ( | ) | ( | ) | |||||||||||||||||||||||||||||||||
| IPO Issuance | - | - | ||||||||||||||||||||||||||||||||||||||
| Share-based compensation | ||||||||||||||||||||||||||||||||||||||||
| Common stock reclassification | ( | ) | ( | ) | ( | ) | ||||||||||||||||||||||||||||||||||
| Class A ordinary shares | ||||||||||||||||||||||||||||||||||||||||
| Class B ordinary shares | ||||||||||||||||||||||||||||||||||||||||
| Net loss | - | - | - | ( | ) | ( | ) | |||||||||||||||||||||||||||||||||
| Balance as of March 31, 2025 | ( | ) | ( | ) | ||||||||||||||||||||||||||||||||||||
| Balance as of October 1, 2025 | ( | ) | ||||||||||||||||||||||||||||||||||||||
| Foreign currency translation adjustments | - | - | - | ( | ) | ( | ) | |||||||||||||||||||||||||||||||||
| Net loss | - | - | - | ( | ) | ( | ) | |||||||||||||||||||||||||||||||||
| Balance as of March 31, 2026 | ( | ) | ( | ) | ||||||||||||||||||||||||||||||||||||
| F-4 |
CREATIVE GLOBAL TECHNOLOGY HOLDINGS LIMITED UNAUDITED INTERIM CONDENSED
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE SIX MONTHS ENDED MARCH 31, 2026 AND 2025
| 2026 | 2025 | |||||||
| Cash Flows from Operating Activities: | ||||||||
| Net income (loss) | $ | ( | ) | $ | ( | ) | ||
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||||
| Depreciation and amortization | ||||||||
| Share-based compensation | ||||||||
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable | ||||||||
| Prepayments, other receivables and other current assets | ( | ) | ( | ) | ||||
| Right-of-use assets | ( | ) | ||||||
| Deferred tax assets | ( | ) | ( | ) | ||||
| Accounts payable | ( | ) | ||||||
| Other payables and accrued liabilities | ( | ) | ||||||
| Tax payable | ( | ) | ( | ) | ||||
| Right-of-use liabilities-current | ( | ) | ||||||
| Inventory | ( | ) | ||||||
| Amounts due to related parties | ||||||||
| Deferred tax liability | ( | ) | ||||||
| Net Cash used in Operating Activities | ( | ) | ||||||
| Cash Flows from Financing Activities: | ||||||||
| Proceeds from IPO | ||||||||
| Receipt of share capital | ||||||||
| Payments for deferred offering costs | ( | ) | ||||||
| Net Cash provided by Financing Activities | ||||||||
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | ( | ) | ( | ) | ||||
| Net Increase (Decrease) in Cash and Cash Equivalents | ( | ) | ||||||
| Cash, Cash Equivalents and Restricted Cash – Beginning of Period | ||||||||
| Cash, Cash Equivalents and Restricted Cash – End of Period | $ | $ | ||||||
| F-5 |