$GMHS
Gamehaus Holdings Inc.
CIK:0002000530|SEC Filings
Consolidated Statements of Cash Flows - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||
| Net income | $ 3,852,045 | $ 3,819,813 | $ 8,590,761 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | |||
| Depreciation and amortization | 1,764,630 | 1,155,390 | 898,505 |
| Amortization of right-of-use assets | 577,826 | 407,029 | 425,882 |
| Provision for credit losses | 20,095 | 20,123 | |
| Written off plant, equipment, net and intangible asset, net | 6,169 | 180,361 | 3,695 |
| Unrealized (gain) loss on short-term investments | 164,555 | (14,742) | |
| Share of net loss from equity investees | 12,006 | 25,955 | 4,594 |
| Issuance of common stock for share-based compensation | 333,312 | ||
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 2,874,765 | 755,819 | 5,521,910 |
| Advances to suppliers | (1,545,651) | 384,592 | 2,089,822 |
| Prepaid expenses and other current assets | (1,178,932) | (1,050,430) | 688,566 |
| Accounts payable | 83,857 | (2,453,851) | (12,919,042) |
| Accrued expenses and other current liabilities | 4,108 | 337,029 | (250,405) |
| Contract liabilities | (489,530) | (992,919) | (150,533) |
| Lease liabilities | (477,688) | (390,432) | (430,453) |
| Taxes payable | (9,276) | 31,621 | (11,124) |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 5,992,291 | 2,215,358 | 4,462,178 |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Purchase of plant and equipment | (786,860) | (37,619) | (104,641) |
| Purchase of intangible assets | (921,316) | (302,704) | |
| Payments made for short-term investments, net | (3,736,728) | (1,320,776) | |
| Proceeds from return of capital contribution from long-term investments | 374,490 | ||
| Payments made for long-term investments | (541,652) | ||
| NET CASH USED IN INVESTING ACTIVITIES | (4,690,750) | (2,279,711) | (407,345) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Proceeds from short-term loans | 741,467 | ||
| Net cash paid on reverse recapitalization | (2,495,690) | ||
| Net cash paid for public offering | (1,113,563) | (1,308,598) | |
| Repayment made to related parties | (108,142) | ||
| Proceeds of related parties | 107,986 | ||
| Capital contribution from shareholders | 2,511 | ||
| Shares repurchase | (599,999) | ||
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | 141,468 | (3,714,884) | (1,200,612) |
| EFFECT OF EXCHANGE RATE CHANGE ON CASH | 892,637 | 193,842 | (52,073) |
| Net change in cash, cash equivalents and restricted cash | 2,335,646 | (3,585,395) | 2,802,148 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH — beginning of year | 15,234,745 | 18,820,140 | 16,017,992 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH — end of year | 17,570,391 | 15,234,745 | 18,820,140 |
| Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets: | |||
| Cash and cash equivalents | 17,566,879 | 15,234,745 | 18,816,535 |
| Restricted cash | 3,512 | 3,605 | |
| Total cash, cash equivalents and restricted cash | 17,570,391 | 15,234,745 | 18,820,140 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for income tax | 189,411 | 130,741 | 177,190 |
| Cash paid for interest | 16,966 | 3,515 | 1,280 |
| Cash received for interest | 543,365 | ||
| Supplemental disclosures of non-cash flow information: | |||
| Lease liabilities arising from obtaining right-of-use assets | 1,701,319 | 215,377 | 721,633 |
| Issuance of common stock for share-based compensation | 333,312 | ||
| Non-cash transactions for reclassification of advances to suppliers and other receivables to other non-current asset | $ 4,258,843 | ||
Consolidated Balance Sheets - USD ($) |
Jun. 30, 2026 |
Jun. 30, 2025 |
|---|---|---|
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 17,566,879 | $ 15,234,745 |
| Restricted cash | 3,512 | |
| Short-term investments | 5,102,400 | 1,345,154 |
| Accounts receivable | 8,042,595 | 10,423,418 |
| Advances to suppliers, current | 7,426,261 | 9,442,382 |
| Prepaid expenses and other current assets | 4,287,243 | 3,128,788 |
| TOTAL CURRENT ASSETS | 42,428,890 | 39,574,487 |
| NON-CURRENT ASSETS: | ||
| Plant and equipment, net | 879,345 | 124,503 |
| Intangible assets, net | 3,518,876 | 5,001,523 |
| Right-of-use assets, net | 1,699,352 | 512,647 |
| Long-term investments | 2,266,420 | 1,995,021 |
| Other non-current assets | 4,347,772 | |
| TOTAL NON-CURRENT ASSETS | 12,711,765 | 7,633,694 |
| TOTAL ASSETS | 55,140,655 | 47,208,181 |
| CURRENT LIABILITIES: | ||
| Short-term loans | 764,281 | |
| Accounts payable | 11,435,530 | 10,752,234 |
| Contract liabilities | 1,471,074 | 1,871,120 |
| Accrued expenses and other current liabilities | 957,955 | 903,252 |
| Lease liabilities | 279,825 | 463,064 |
| Taxes payable | 44,920 | 51,599 |
| TOTAL CURRENT LIABILITIES | 14,953,585 | 14,041,269 |
| NON-CURRENT LIABILITY: | ||
| Lease liabilities | 1,532,181 | 58,517 |
| TOTAL NON-CURRENT LIABILITY | 1,532,181 | 58,517 |
| TOTAL LIABILITIES | 16,485,766 | 14,099,786 |
| SHAREHOLDERS’ EQUITY: | ||
| Additional paid-in capital | 11,287,138 | 10,954,201 |
| Treasury stock | (599,999) | |
| Retained earnings | 27,825,836 | 23,543,001 |
| Accumulated other comprehensive income (loss) | 683,791 | (1,276,222) |
| TOTAL GAMEHAUS HOLDING INC’S SHAREHOLDERS’ EQUITY | 39,202,498 | 33,226,337 |
| Non-controlling interests | (547,609) | (117,942) |
| TOTAL SHAREHOLDERS’ EQUITY | 38,654,889 | 33,108,395 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 55,140,655 | 47,208,181 |
| Common Class A [Member] | ||
| SHAREHOLDERS’ EQUITY: | ||
| Ordinary shares | 4,952 | 3,797 |
| Common Class B [Member] | ||
| SHAREHOLDERS’ EQUITY: | ||
| Ordinary shares | $ 780 | $ 1,560 |