TOKEN COMMUNITIES LTD.

CIK:0001683252|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2025	Jun. 30, 2024
REVENUES
Home Sales	$ 315,000	$ 2,387,525
Lot Sales and Other	41,579	41,147
TOTAL REVENUES	356,579	2,428,672
COST OF SALES
Home Sales 1	338,080	1,235,000
TOTAL COST OF SALES	338,080	0
GROSS PROFIT
Home Sales 2	(23,080)	1,152,525
Lot Sales and Other 2	41,579	41,147
TOTAL GROSS MARGIN	18,499	1,193,672
OPERATING EXPENSES
Payroll Related Expenses	0	23,419
Accounting and Legal Fees	112,460	171,524
General and administrative	369,470	93,587
TOTAL OPERATING EXPENSES	481,930	288,530
INCOME (LOSS) FROM OPERATIONS	(463,431)	905,142
OTHER INCOME (EXPENSES)
Loss on Impairment	0	(11,848)
Gain on Extinguishment of Debt	0	730,820
TOTAL OTHER INCOME (EXPENSES)	0	718,972
PROVISION FOR INCOME TAXES	0	(352,156)
NET INCOME (LOSS) BEFORE NON-CONTROLLING INTEREST	(463,431)	1,271,958
Less non-controlling interest	676	(4,506)
NET INCOME (LOSS)	(464,107)	1,276,464
Foreign exchange translation gain (loss)	0	54,481
Comprehensive income	$ (464,107)	$ 1,330,945
NET INCOME (LOSS) PER SHARE: BASIC AND DILUTED	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	2,095,671,162	2,095,671,162

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)	Jun. 30, 2025	Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (463,431)	$ 1,271,958
Other equity adjustments	0	0
Impairment loss	0	11,848
Changes in operating assets and liabilities
Inventory	(1,856,138)	(3,973,812)
Prepaid Assets	0
Accounts payable, taxes payable and accrued expenses	5,292	405,396
Net cash provided (used) in operating activities	(2,314,277)	(2,284,610)
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided (used) in investing activities	(157,025)	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Due to related parties	(626,385)	6,898,969
Construction loan proceeds	3,134,589	35,960
Acquisition of ASC Global Inc	0	(4,679,991)
Net cash provided (used) by financing activities	2,508,204	2,254,938
Effect of exchange rate changes on cash and equivalents	0	54,481
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS	36,902	24,809
CASH AND EQUIVALENTS, BEGINNING OF PERIOD	25,939	1,130
CASH AND EQUIVALENTS, END OF PERIOD	$ 62,841	$ 25,939

CONSOLIDATED BALANCE SHEET - USD ($)	Jun. 30, 2025	Jun. 30, 2024
Current Assets:
Cash and equivalents	$ 62,841	$ 25,939
Inventory	5,818,102	3,961,964
Prepaid Expenses	0	0
Total current assets	5,880,943	3,987,903
Non-Current Assets:
Construction in Progress	157,025	0
TOTAL ASSETS	6,037,968	3,987,903
Current Liabilities:
Accounts payable and accrued expenses	131,865	126,573
Taxes Payable	352,156	352,156
Unearned revenue	552	552
Due to related parties	2,586,777	3,213,162
Total current liabilities	3,071,350	3,692,443
Non-Current Liabilities:
Construction Loan	3,170,549	35,960
Note payable - related parties	5,000,000	5,000,000
Total non-current liabilities	8,170,549	5,035,960
TOTAL LIABILITIES	11,241,899	8,728,403
STOCKHOLDERS' DEFICIT
Common stock: $0.0001 par value; 5,000,000,000 share authorized; 2,095,671,162 shares of common stock issued and outstanding at March 31, 2025 and June 30, 2024	209,567	209,567
Additional paid-in capital	(3,640,360)	(3,640,360)
Accumulated Other comprehensive income	0	0
Accumulated deficit	(1,764,084)	(1,299,977)
Non-controlling interest	(9,054)	(9,730)
Total stockholders' deficit	(5,203,931)	(4,740,500)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 6,037,968	$ 3,987,903