$AAGH

CROWN MARKETING

CIK:0001098009|SEC Filings

Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Mar. 31, 2026	Mar. 31, 2025
Income Statement [Abstract]
Sales	$ 26,143	$ 56,148	$ 258,802	$ 287,213
Cost of goods sold	3,610	6,331	87,054	25,508
Gross profit	22,533	49,817	171,748	261,705
Selling, general and administrative expenses
Selling expense	5,886	14,255	58,212	37,449
General and administrative expense	90,422	120,881	389,470	500,948
Selling, general and administrative expenses	96,308	135,136	447,682	538,397
Loss from operations	(73,775)	(85,319)	(275,934)	(276,692)
Other income (expenses)
Other income	(8,536)	1	1,386,471	40
Interest expense	(83,905)	(73,059)	(249,432)	(222,394)
Other income (expenses)	(92,441)	(73,058)	1,137,039	(222,354)
Income before income taxes	(166,216)	(158,377)	861,105	(499,046)
NET INCOME (LOSS)	$ (166,216)	$ (158,377)	$ 861,105	$ (499,046)
BASIC LOSS PER SHARE (in Dollars per share)	$ 0	$ 0	$ 0	$ 0
DILUTED LOSS PER SHARE (in Dollars per share)	$ 0	$ 0	$ 0	$ 0
WEIGHTED-AVERAGE COMMON SHARES OUSTANDING BASIC (in Shares)	21,152,711,608	21,150,711,608	21,152,711,608	21,141,529,720
WEIGHTED-AVERAGE COMMON SHARES OUSTANDING DILUTED (in Shares)	21,152,711,608	21,150,711,608	21,152,711,608	21,141,529,720
Non-controlling interest share of loss	$ (200)	$ 22	$ (200)	$ (2,123)
Net income (loss) attributed to the owners of the Company	(166,016)	(158,399)	861,305	(496,923)
Foreign currency translation	697	145	2,087	(1,080)
Comprehensive income (loss)	$ (165,319)	$ (158,254)	$ 863,392	$ (498,003)

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)	9 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash Flows from Operating Activities
Net income (loss)	$ 861,105	$ (499,046)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation	8,374	11,091
Loss on disposal of property and equipment	8,538	0
Write-off of account payable	(1,395,000)	0
Payment of lease and rent	(62,022)	(61,916)
Changes in operating Assets and Liabilities:
Right of use asset – net	16,068	16,107
Lease liabilities – net	1,501	1,356
Accounts receivable – net	0	18,200
Customer advance	(69,786)	17,239
Prepaid expenses and other assets	(7,500)	0
Inventory	67,112	(24,215)
Accounts payable and accrued expense	82,423	48,277
Supplier advances	16,410	5,810
Accrued interest for short term loan	46,948	45,934
Accrued interest for long term loan	198,652	176,459
Wage and wage tax payable	117,055	86,456
Other payable	28,743	96,224
Tax payable	1,107	1,727
Net cash used in operating activities	(80,272)	(60,297)
Cash Flows from Investing Activities
Proceeds from disposal of property and equipment	11,000	0
Net cash provided (used) by Investing Activities	11,000	0
Cash Flows from Financing Activities
Proceeds from issuance of common stock	0	102,116
Proceeds of short term loan	50,000	0
Repayment of short term loan	0	(10,750)
Interest payment to short term loan	0	(55,941)
Proceeds from long-term loan	0	50,000
Advance from related party	205,478	136,527
Repayment to related party	(203,003)	(178,638)
Net cash provided (used) by financing activities	52,475	43,314
Effect of exchange rate change on cash	2,087	(1,080)
Net decrease in cash	(14,710)	(18,063)
Cash beginning of period	44,056	54,943
Cash end of period	29,346	36,880
Interest paid	3,832	55,941
Taxes paid	$ 3,200	$ 1,600

Condensed Consolidated Balance Sheets (unaudited) - USD ($)	Mar. 31, 2026	Jun. 30, 2025
CURRENT ASSETS
Cash	$ 29,346	$ 44,056
Account receivable, net	0	0
Inventory	97,539	164,651
Prepaid and other assets	19,095	28,005
TOTAL CURRENT ASSETS	145,980	236,712
Right-of-use asset, net	9,086	25,154
Other assets	11,836	11,836
Property and equipment, net	203	28,115
TOTAL ASSETS	167,105	301,817
CURRENT LIABILITIES
Accounts payable	132,292	1,489,322
Tax payable	4,943	3,836
Short term loan	692,020	595,072
Wage and wage tax payable	476,061	359,006
Other payable	47,639	18,896
Due to related party	1,254,114	1,251,639
Advances from customers	8,236	78,022
Lease liability – current	9,086	25,154
TOTAL CURRENT LIABILITIES	2,624,391	3,820,947
Long term loan	2,423,349	2,224,697
TOTAL LIABILITIES	5,047,740	6,045,644
SHAREHOLDERS’ DEFICIT
Redeemable, convertible preferred stock, 10,000,000 shares authorized; Series A voting preferred stock, zero shares issued and outstanding	0	0
Common stock, no par value, unlimited shares authorized; 21,152,711,608 and 21,152,711,608 shares issued and Outstanding	0	0
Additional paid-in capital	5,121,175	5,121,175
Treasury stock, 52,100,000 shares and 52,150,000 shares	0	0
Accumulated other comprehensive income (loss)	1,047	(1,040)
Accumulated deficit	(9,920,040)	(10,781,345)
Total deficit attributed to owners of the Company	(4,797,818)	(5,661,210)
Non-Controlling interest	(82,817)	(82,617)
TOTAL SHAREHOLDERS’ DEFICIT	(4,880,635)	(5,743,827)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	$ 167,105	$ 301,817