$AUC

ATIF Holdings Ltd

CIK:0001755058|SEC Filings

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Jul. 31, 2025	Jul. 31, 2024	Jul. 31, 2023
Revenues	$ 1,200,000	$ 620,000	$ 2,450,000
Operating expenses
Selling expenses	(120,000)	(333,500)	(207,238)
General and administrative expenses	(1,922,349)	(2,265,612)	(2,241,626)
Reversal (Provision) against accounts receivable due from a related party		19,103	(762,000)
Total operating expenses	(2,042,349)	(2,580,009)	(3,210,864)
Loss from operations	(842,349)	(1,960,009)	(760,864)
Other income (expenses)
Interest income	60,916	26	1,874
Other Income (Expense)	(260,046)	(846,871)	314,518
Provision against due from buyers of LGC			(2,654,767)
Gain (loss) from investment in trading securities	(3,556,519)	(381,370)	192,102
Gain from disposal of subsidiaries and VIE			56,038
Total other expense, net	(3,755,649)	(1,228,215)	(2,090,235)
Loss before income taxes	(4,597,998)	(3,188,224)	(2,851,099)
Income tax provision		(3,300)	(31,200)
Net loss and comprehensive loss	$ (4,597,998)	$ (3,191,524)	$ (2,882,299)
Loss per share – basic (in Dollars per share)	$ (5.57)	$ (5.61)	$ (5.39)
Loss per share – diluted (in Dollars per share)	$ (5.57)	$ (5.61)	$ (5.39)
Weighted Average Shares Outstanding – Basic (in Shares)	825,518	569,304	534,859
Weighted Average Shares Outstanding – Diluted (in Shares)	825,518	569,304	534,859
Third Parties
Revenues	$ 1,200,000	$ 420,000	$ 1,150,000
Related Party
Revenues		$ 200,000	$ 1,300,000

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jul. 31, 2025	Jul. 31, 2024	Jul. 31, 2023
Cash flows from operating activities:
Net loss	$ (4,597,998)	$ (3,191,524)	$ (2,882,299)
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	6,282	112,009	138,805
Amortization of right of use assets	9,000	273,367	434,135
Reversal of provision against accounts receivable due from a related party		(19,103)	762,000
Loss on disposal of property and equipment	53,765		49,702
Loss from early termination of an operating lease	13,000	7,690
Loss from investment in trading securities	3,556,519	381,370	(192,102)
Provision against due from buyers of LGC			2,654,767
Loss from disposal of a subsidiary			69,045
Changes in operating assets and liabilities:
Accounts receivable	(550,000)	650,000	(650,000)
Accounts receivable - related parties		400,000	(600,000)
Deposits	3,000	83,000	55,000
Prepaid expenses and other current assets	(499,866)	309,636	221,644
Deferred revenue		(70,000)	(20,785)
Taxes payable		(11,215)	31,200
Accrued expenses and other current liabilities	(451,098)	1,303,432	(1,982,117)
Lease liabilities		(349,145)	(422,894)
Net cash used in operating activities	(2,457,396)	(120,483)	(2,333,899)
Cash flows from investing activities
Purchases of property and equipment		(5,086)	(1,444)
Proceeds from disposal of property and equipment			72,000
Net investment in short-term investments	362,072	(674,869)	429,799
Collection (prepayment) made to a related party	900,000	(900,000)
Loans to (collection of loans from) a related party			(40,539)
Net cash provided by (used in) investing activities	1,262,072	(1,579,955)	459,816
Cash flows from financing activities:
Borrowings from a related party			729,968
Proceeds from issuance of ordinary shares	8,896,719	2,343,792
Net cash provided by financing activities	8,896,719	2,343,792	729,968
Net increase (decrease) in cash	7,701,395	643,354	(1,144,115)
Cash, beginning of period	1,249,376	606,022	1,750,137
Cash, end of period	8,950,771	1,249,376	606,022
Supplemental disclosure of cash flow information:
Cash paid for interest expenses
Cash paid for income tax	6,680	14,515
Supplemental disclosure of Non-cash financing activities
Right-of-use assets obtained in exchange for operating lease obligations		67,571	109,492
Issuance of ordinary shares to settle payroll payable due to a management		349,875
Waive of liabilities by a related party		712,258
Disposal of right-of-use assets with decrease of operating lease obligations		799,232
Capital contribution from a shareholder in the form of trading securities	$ 3,611,000

Consolidated Balance Sheets - USD ($)	Jul. 31, 2025	Jul. 31, 2024
CURRENT ASSETS
Cash and cash equivalents	$ 8,950,771	$ 1,249,376
Accounts receivable	750,000	200,000
Deposits		3,000
Investment in trading securities	116,557	424,148
Prepaid expenses and other current assets	622,091	122,224
Total current assets	10,439,419	2,898,748
Property and equipment, net		60,047
Right-of-use lease assets, net		53,793
Total Assets	10,439,419	3,012,588
CURRENT LIABILITIES
Accounts payable, accrued expenses and other current liabilities	505,959	957,057
Taxes payable	19,985	19,985
Lease liabilities, current		11,375
Current portion of long-term payables	250,000
Total current liabilities	775,944	988,417
Lease liabilities, noncurrent		20,417
Long-term payables		250,000
Total liabilities	775,944	1,258,834
Equity
Ordinary shares, $0.001 par value, 100,000,000,000 shares authorized, 1,313,373 shares and 662,081 shares issued and outstanding as of July 31, 2025 and 2024, respectively	23,640	11,917
Additional paid-in capital	45,095,981	32,599,985
Accumulated deficit	(35,456,146)	(30,858,148)
Total Shareholders’ Equity	9,663,475	1,753,754
Total Liabilities and Shareholders’ Equity	10,439,419	3,012,588
Related Party
CURRENT ASSETS
Due from related parties		$ 900,000