$RHNO

RHINO BITCOIN INC.

CIK:0001785493|SEC Filings

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Jul. 31, 2025	Jul. 31, 2024
Income Statement [Abstract]
Revenue	$ 478,159	$ 1,232,326
Cost of revenue	(411,361)	(1,284,930)
Gross profit / (loss)	66,798	(52,604)
Other income	57,491	3,692
Operating expenses:
General and administrative expenses (Included management fee of $200,000 (2024: Nil) paid to a related party)	(572,495)	(379,088)
Finance cost	(9,317)	(4,830)
Other operating expenses	(360)	(4,951)
Loss before income tax	(457,883)	(437,781)
Income tax expense	(481)
Net loss for the year	(458,364)	(437,781)
Other comprehensive loss:
- Foreign currency translation loss	(20,283)	(8,092)
Comprehensive loss	$ (478,647)	$ (445,873)
Net loss per share - Basic	$ (0.0687)	$ (0.0658)
Net loss per share - Diluted	$ (0.0687)	$ (0.0658)
Weighted average number of common shares outstanding - Basic	6,676,341	6,653,990
Weighted average number of common shares outstanding - Diluted	6,676,341	6,653,990

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jul. 31, 2025	Jul. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss for the year	$ (458,364)	$ (437,781)
Adjustments to reconcile net loss to net cash used in operating activities:
Allowance for credit losses		24,827
Amortization of right-of-use assets	25,393	26,099
Depreciation	5,677	2,896
Fixed assets written off	907
Lease assets written off	(1,152)
Changes in operating assets and liabilities:
Trade receivables	(191,497)	(23,703)
Retention sum receivable	19,484	(109,945)
Other receivables, prepayments and deposits	(28,935)	2,192
Contract assets	56,247	(250,711)
Deferred cost	4,122	(3,798)
Trade payable	56,882	77,264
Retention sum payable	4,119	67,697
Other payables and accrued liabilities	43,103	(2,361)
Operating lease liabilities	(29,115)	(25,795)
Amount due to related company	105,127
Income tax payable	481
Net cash used in operating activities	(387,521)	(653,119)
CASH FLOWS FROM INVESTING ACTIVITY:
Purchase of property, plant and equipment	(3,030)	(13,967)
Net cash used in investing activity	(3,030)	(13,967)
CASH FLOWS FROM FINANCING ACTIVITY:
Share issued
Net cash provided by financing activity
Effect of exchange rate changes on cash and cash equivalents	(18,748)	(6,602)
Net decrease in cash and cash equivalents	(409,299)	(673,688)
Cash and cash equivalents, beginning of year	434,351	1,108,039
CASH AND CASH EQUIVALENTS, END OF YEAR	25,052	434,351
SUPPLEMENTAL CASH FLOWS INFORMATION
Issuance of common stock for software acquisition	960,000
Income taxes paid
Interest paid

Consolidated Balance Sheets - USD ($)	Jul. 31, 2025	Jul. 31, 2024
Current assets
Cash at banks	$ 25,052	$ 434,351
Trade receivables, net of allowance for credit loss of $0 and $116,687 as of July 31, 2025 and July 31, 2024, respectively	202,461	10,964
Retention sum receivables	90,461	109,945
Other receivables, prepayments and deposits	1,001,736	12,801
Contract assets	213,187	269,434
Deferred cost		4,122
Total current assets	1,532,897	841,617
Non-current assets
Property, plant and equipment, net	18,777	20,817
Lease right-of-use asset		59,197
Equity method investment
Total non-current assets	18,777	80,014
TOTAL ASSETS	1,551,674	921,631
Non-current liabilities
Operating lease liabilities, non-current		31,553
Total non-current liabilities		31,553
Current liabilities
Trade payables	138,348	81,466
Amount due to related company	105,127
Retention sum payables	71,816	67,697
Other payables and accrued liabilities	77,489	34,386
Operating lease liabilities, current		29,469
Income tax payable	481
Total current liabilities	393,261	213,018
Total liabilities	393,261	244,571
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, 200,000,000 shares authorized; None issued and outstanding
Common stock, $0.0001 par value, 1,000,000,000 shares authorized 7,133,985 and 6,653,990 shares issued and outstanding as of July 31, 2025 and 2024 respectively	713	665
Additional paid-in capital	4,237,787	3,277,835
Accumulated other comprehensive loss	(34,292)	(14,009)
Accumulated deficit	(3,045,795)	(2,587,431)
Total stockholders’ equity	1,158,413	677,060
TOTAL LIABILITIES AND STOCKHOLDERS’ FUND	$ 1,551,674	$ 921,631