$CGTL

Creative Global Technology Holdings Ltd

CIK:0001967822|SEC Filings

Consolidated Statements of Operations and Comprehensive Income - USD ($)	12 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenues	$ 21,150,042	$ 35,611,761	$ 50,278,937
Cost of revenues	(18,864,549)	(29,275,274)	(45,309,410)
Gross Profit	2,285,493	6,336,487	4,969,527
Operating expenses:
Selling and marketing	(25,497)	(32,738)	(34,132)
General and administrative	(1,184,369)	(1,118,217)	(1,141,069)
Share-based compensation	(14,236,000)
Total operating expenses	(15,445,866)	(1,150,955)	(1,175,201)
Income (loss) from operations	(13,160,373)	5,185,532	3,794,326
Other income (loss):
Other income	1,213	5,290	30,541
Other expenses		(2,726)
Interest income, net	1,464	(2,446)	10,269
Total other (loss) income, net	2,677	118	40,810
Income (loss) before income tax expenses	(13,157,696)	5,185,650	3,835,136
Income taxes	(212,053)	(903,282)	(679,815)
Net income (loss)	(13,369,749)	4,282,368	3,155,321
Other Comprehensive Loss
Foreign currency translation adjustment	(14,238)	(21,709)	24,697
Total Comprehensive Income (loss)	$ (13,383,987)	$ 4,260,659	$ 3,180,018
Net income (loss) per share attributable to ordinary shareholders - basic (in Dollars per share)	$ (0.57)	$ 0.21	$ 0.16
Net income (loss) per share attributable to ordinary shareholders - diluted (in Dollars per share)	$ (0.57)	$ 0.21	$ 0.16
Weighted average number of ordinary shares used in computing net income(loss) per share - basic (in Shares)	23,568,760	20,000,000	20,000,000
Weighted average number of ordinary shares used in computing net income(loss) per share - diluted (in Shares)	23,568,760	20,000,000	20,000,000

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2023
Cash Flows from Operating Activities:
Net income (loss)	$ (13,369,749)	$ 4,282,368	$ 3,155,321
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Provision for inventory impairment	104,565
Depreciation	16,736	7,949	6,880
Amortization of right-of-use assets		74,119
Share-based compensation	14,236,000
Changes in operating assets and liabilities:
Accounts receivable, net	10,479,551	(10,491,664)
Prepayments, other receivables and other assets	(2,844,433)	227,252	2,485,935
Inventories, net	(10,913,448)	1,908,309	(1,865,112)
Right-of-use assets	104,797	(197,565)
Deferred taxes	(19,704)	(2,176)	(603)
Accounts payable	209
Other payables and accrued liabilities	88,013	(374,684)	419,003
Taxes payable	(2,585,204)	914,775	673,214
Lease liabilities – current	(108,102)	108,465
Lease liabilities – non current	(266)	18,700
Net Cash Provided by (Used in) Operating Activities	(4,811,035)	(3,524,152)	4,874,638
Cash Flows from Investing Activities:
Purchases of property, plant and equipment		(18,597)	(3,784)
Net Cash (Used in) Investing Activities		(18,597)	(3,784)
Cash Flows from Financing Activities:
(Repayment)/Advances to/from a director			(992,228)
Proceeds from IPO	4,856,352
Payments for deferred offering costs	(272,338)	(299,324)	(554,022)
Net Cash Provided by (Used in) Financing Activities	4,584,014	(299,324)	(1,546,250)
Effect of Exchange Rate Changes on Cash and Equivalents	(31,061)	(20,182)	21,673
Net Increase (Decrease) in Cash and Equivalents	(258,082)	(3,862,255)	3,346,277
Cash and Equivalents, – Beginning of Year	443,322	4,305,577	959,300
Cash and Equivalents – End of Year	$ 185,240	$ 443,322	$ 4,305,577

Consolidated Balance Sheets - USD ($)	Sep. 30, 2025	Sep. 30, 2024
Current assets:
Cash and equivalents	$ 185,240	$ 443,322
Accounts receivable, net		10,491,664
Prepayments, other receivables and other current assets	3,387,091	538,195
Inventories, net	14,668,535	3,842,072
Total current assets	18,240,866	15,315,253
Non-current assets:
Property, plant and equipment, net	9,816	26,568
Deferred offering costs		854,684
Right-of-use assets, net	18,534	123,446
Deferred tax assets,net	19,734
Total non-current assets	48,084	1,004,698
Total Assets	18,288,950	16,319,951
Current Liabilities:
Accounts payable	209
Taxes payable	88,214	2,676,376
Other payables and accrued liabilities	144,372	56,207
Lease liabilities – current	18,665	108,227
Total current liabilities	251,460	2,840,810
Non-current liabilities:
Deferred tax liabilities		266
Lease liabilities – non current		18,659
Total non-current liabilities		18,925
Total liabilities	251,460	2,859,735
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Additional paid-up capital	17,955,536
Accumulated other comprehensive loss	(29,822)	(15,584)
Retained earnings	86,051	13,455,800
Total shareholders’ equity	18,037,490	13,460,216
Total liabilities and shareholders’ equity	18,288,950	16,319,951
Class A Ordinary Shares
SHAREHOLDERS’ EQUITY
Ordinary shares, value	17,225	11,500
Class B Ordinary Shares
SHAREHOLDERS’ EQUITY
Ordinary shares, value	$ 8,500	$ 8,500