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Photoamigo, Inc.
CIK:0001482554|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Apr. 30, 2026 |
Apr. 30, 2025 |
Apr. 30, 2026 |
Apr. 30, 2025 |
|
| Revenue | $ 1,051,217 | $ 354,791 | $ 1,575,576 | $ 1,200,290 |
| Total revenue | 1,051,217 | 354,791 | 1,575,576 | 1,200,290 |
| Operating cost and expenses: | ||||
| Cost of revenue | 712 | 3,805 | 109,822 | |
| Selling, general and administrative expenses | 213,566 | 169,887 | 599,463 | 536,642 |
| Total operating cost and expenses | 214,278 | 169,887 | 603,268 | 646,464 |
| Operating income | 836,939 | 184,904 | 972,308 | 553,826 |
| Other Expense | ||||
| Interest income (expense), net | (4,283) | 1,801 | (9,321) | 179 |
| Gain on disposal of subsidiary | 21,362 | |||
| Other (expense) income, net | 705 | 32 | (3,820) | 21,235 |
| Other (expense) income, net | (3,578) | 1,833 | (13,141) | 42,776 |
| Income before income taxes | 833,361 | 186,737 | 959,167 | 596,602 |
| Income Tax Expense | 276,257 | 95,780 | 344,432 | 234,361 |
| Net income | $ 557,104 | $ 90,957 | $ 614,735 | $ 362,241 |
| Net income per common share: | ||||
| Basic | $ 0.02 | $ 0.00 | $ 0.02 | $ 0.01 |
| Diluted | $ 0.02 | $ 0.00 | $ 0.02 | $ 0.01 |
| Weighted average shares outstanding: | ||||
| Basic | 25,027,004 | 25,027,004 | 25,027,004 | 25,027,004 |
| Diluted | 25,027,004 | 25,027,004 | 25,027,004 | 25,027,004 |
| Advertising [Member] | ||||
| Revenue | $ 1,051,217 | $ 354,791 | $ 1,503,976 | $ 1,200,290 |
| Total revenue | 1,051,217 | 354,791 | 1,503,976 | 1,200,290 |
| Minidrama [Member] | ||||
| Revenue | 71,600 | |||
| Total revenue | $ 71,600 | |||
Condensed Consolidated Balance Sheets - USD ($) |
Apr. 30, 2026 |
Jul. 31, 2025 |
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $ 160,421 | $ 57,065 |
| Accounts receivable | 281,189 | 53,867 |
| Advance to contractors | 3,095,768 | 6,288,411 |
| Licensed mini-drama content assets, net | 8,055 | |
| Prepaid and other current receivables | 3,586 | 502 |
| Deferred offering costs | 214,594 | 108,550 |
| Total Current Assets | 3,763,613 | 6,508,395 |
| Non-current Assets | ||
| Property and equipment, net | 871 | 910 |
| APP development in progress | 11,053 | |
| ROU assets-operating lease | 3,527 | |
| Deferred tax assets | 400,490 | 400,490 |
| Total Non-current Assets | 412,414 | 404,927 |
| TOTAL ASSETS | 4,176,027 | 6,913,322 |
| Current Liabilities | ||
| Accounts payable | 44,169 | |
| Related party loan and payables | 1,725,571 | 1,107,187 |
| Contract liabilities | 851,875 | 4,852,812 |
| Current operating Lease liabilities | 5,441 | |
| Other current payable | 663,888 | 604,525 |
| Total Current Liabilities | 3,241,334 | 6,614,134 |
| TOTAL LIABILITIES | 3,241,334 | 6,614,134 |
| Commitments and contingencies | ||
| Stockholders’ Equity | ||
| Preferred stock - $0.001 par value, 5,000,000 shares authorized, no shares issued and outstanding | ||
| Common stock - $0.001 par value, 75,000,000 shares authorized, 25,027,004 shares issued and outstanding at both of April 30, 2026 and July 31, 2025 | 25,027 | 25,027 |
| Additional paid-in capital | 4,765,455 | 4,765,455 |
| Accumulated deficit | (4,196,998) | (4,811,733) |
| Accumulated other comprehensive income | 341,209 | 320,439 |
| Total Stockholders’ Equity | 934,693 | 299,188 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ 4,176,027 | $ 6,913,322 |