CAMBELL INTERNATIONAL HOLDING CORP.

CIK:0001678848|SEC Filings

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
REVENUES	$ 134,531	$ 463,076
COST OF REVENUES	129,725	371,455
GROSS PROFIT	4,806	91,621
OPERATING EXPENSES
Selling expenses	20,873	20,064
General and administrative expenses	673,732	1,184,025
Total operating expenses	694,605	1,204,089
LOSS FROM OPERATIONS	(689,799)	(1,112,468)
OTHER INCOME, NET
Other income	7,577	21,104
Other expenses	(1,775)	(4,914)
Total other income, net	5,802	16,190
NET LOSS BEFORE INCOME TAX	(683,997)	(1,096,278)
Income tax (expense) benefit	(987)	391
NET LOSS	(684,984)	(1,095,887)
Other comprehensive income:
Foreign currency translation income	9,691	253,749
Total comprehensive loss	$ (675,293)	$ (842,138)
Weighted average number of ordinary shares outstanding - basic (in Shares)	7,250,750	7,250,750
Weighted average number of ordinary shares outstanding - diluted (in Shares)	7,250,750	7,250,750
Net loss per share-basic (in Dollars per share)	$ (0.09)	$ (0.15)
Net loss per share-diluted (in Dollars per share)	$ (0.09)	$ (0.15)

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (684,984)	$ (1,095,887)
Adjustments to reconcile net loss to net cash used in operating activities:
Allowance of doubtful accounts	9,689	638,489
Depreciation	23,502	34,663
Impairment	11,323
Loss on disposal of property and equipment	1,774
Operating lease right-of-use assets amortization	28,291
Changes in operating assets and liabilities:
Accounts receivable	25,537	(26,533)
Other receivables	(126,175)	1,224,585
Prepayments	99,785	(10,855)
Inventories	(354,467)	(91,257)
Accounts payable	(9,329)	(62,101)
Advance from customers	142,232	(6,062,321)
Payroll payable	51,768	(4,719)
Tax payable	2,711	35,334
Other payables	54,377	(4,150,362)
Net cash used in operating activities	(723,966)	(9,570,964)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment	(16,977)	(1,175)
Net cash used in investing activities	(16,977)	(1,175)
CASH FLOWS FROM FINANCIING ACTIVITIES
Proceeds from related parties	568,117	9,674,141
Net cash provided by financing activities	568,117	9,674,141
EFFECT OF EXCHANGE RATE ON CASH	(14)	(19,734)
NET CHANGE IN CASH	(172,840)	82,268
CASH AT BEGINNING OF PERIOD	286,272	204,004
CASH AT END OF PERIOD	113,432	286,272
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes	331
Interest

Consolidated Balance Sheets - USD ($)	Jun. 30, 2024	Jun. 30, 2023
CURRENT ASSETS
Cash	$ 113,432	$ 286,272
Accounts receivable, net of $57,894 and $58,021 allowance for doubtful accounts as of June 30, 2024 and 2023, respectively		25,444
Prepayments	8,175	107,613
Other receivables, net	156,594	36,740
Inventories, net	719,315	369,327
Total current assets	1,011,414	844,615
NON-CURRENT ASSETS
Operating lease right-of-use assets, net	105,614
Property, plant and equipment, net	24,251	48,806
Total non-current assets	129,865	48,806
TOTAL ASSETS	1,141,279	893,421
CURRENT LIABILITIES
Accounts payable	488	16,541
Advance from customers		347,429
Payroll payable	67,643	16,212
Tax payable	47,215	44,416
Operating lease liability - current	67,055
Other payables	117,972	63,651
Total current liabilities	4,766,042	3,909,576
NON-CURRENT LIABILITIES
Operating lease liability - non-current	66,685
Total non-current liabilities	66,685
TOTAL LIABILITIES	4,832,727	3,909,576
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ DEFICIT
Preferred shares, par value $0.001, 10,000,000 shares authorized, 10,000,000 and 10,000,000 shares issued and outstanding as of June 30, 2024 and 2023, respectively	10,000	10,000
Common shares, par value $0.001; 75,000,000 shares authorized, 7,250,750 and 7,250,750 shares issued and outstanding as of June 30, 2024 and 2023, respectively	7,251	7,251
Subscription receivable	(17,251)	(17,251)
Accumulated deficit	(3,981,020)	(3,296,036)
Accumulated other comprehensive income	289,572	279,881
Total Shareholders’ Deficit	(3,691,448)	(3,016,155)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	1,141,279	893,421
Related Party
CURRENT ASSETS
Amounts due from related parties	13,898	19,219
CURRENT LIABILITIES
Amounts due to related parties	$ 4,465,669	$ 3,421,327