$ANPA

Rich Sparkle Holdings Ltd

CIK:0002031688|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	$ 6,249,472	$ 5,884,401	$ 6,268,793
Cost of services	(3,363,278)	(3,322,950)	(3,461,151)
Gross profit	2,886,194	2,561,451	2,807,642
Operating expenses:
Selling, general and administrative expenses	(3,245,072)	(1,539,964)	(1,734,330)
Reversal of / (allowance for) expected credit losses	456,019	(109,819)	(77,946)
Total operating expenses	(2,789,053)	(1,649,783)	(1,812,276)
Income from operations	97,141	911,668	995,366
Other income (expense)
Interest expense	(56,211)	(44,144)	(42,034)
Other income	147,223	90,900	10,264
Total other income (expense), net	91,012	46,756	(31,770)
Income before provision for income taxes	188,153	958,424	963,596
Income tax expense	(55,219)	(138,031)	(157,300)
Net income	132,934	820,393	806,296
Other comprehensive income
Foreign currency adjustment	17,018	40,987	2,409
(Charged) credited to post-employment benefit obligations	(7,714)	(15,159)	358
Comprehensive income	$ 142,238	$ 846,221	$ 809,063
Earnings per share – Basic	$ 0.0115	$ 0.0729	$ 0.0717
Earnings per share – Diluted	$ 0.0115	$ 0.0729	$ 0.0717
Weighted average shares outstanding – Basic	11,537,671	11,250,000	11,250,000
Weighted average shares outstanding – Diluted	11,537,671	11,250,000	11,250,000

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	$ 132,934	$ 820,393	$ 806,296
Adjustments to reconcile net income to net cash from (used in) operating activities:
Depreciation	43,281	12,614	7,344
Amortization of operating lease right-of-use assets and interest of lease liabilities	551,705	615,210	794,467
Gain from lease modification		(3,184)
Deferred income taxes	55,219	(15,583)	157,300
(Reversal)/ provision of expected credit loss	(456,019)	109,819	77,946
Change in operating assets and liabilities:
Accounts receivable	1,442,370	(84,414)	(1,034,289)
Contract assets	3,036	(17,479)	9,061
Prepayments, other current assets and other non-current assets	(430,345)	34,077	(31,944)
Accounts payable	(138,425)	68,947	230,916
Contract liabilities	799	(98,095)	(145,438)
Income tax payable		154,456
Accrued expenses and other current liabilities	(306,439)	(108,113)	(397,598)
Post-employment benefit obligations	8,081	(15,159)	(358)
Operating lease liabilities	(533,724)	(669,579)	(804,406)
Net cash from (used in) operating activities	372,473	803,910	(330,703)
Cash flows from investing activities:
Purchase of property and equipment	(551,544)		(37,741)
Net cash (used in) investing activities	(551,544)		(37,741)
Cash flows from financing activities:
Payments of offering costs for IPO.	(1,349,899)	(694,095)
Proceeds from issuance of shares pursuant to IPO	5,000,000
Cash paid for reorganization.		(8,024)
Financings from a related party	(12,526)	1,675	339
Net cash provided by (used in) financing activities	3,637,575	(700,444)	339
Foreign currency translation adjustment	6,111	32,431	5,036
Net change in cash and cash equivalents	3,464,615	135,897	(363,069)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF YEAR	320,161	184,264	547,333
CASH AND CASH EQUIVALENTS AT THE END OF YEAR	$ 3,784,776	$ 320,161	$ 184,264

Consolidated Balance Sheets - USD ($)	Sep. 30, 2025	Sep. 30, 2024
Current assets:
Cash	$ 3,784,776	$ 320,161
Accounts receivable, net	2,556,788	3,540,649
Contract assets	32,287	35,323
Prepayments and other current assets	578,613	148,005
Total current assets	6,952,464	4,044,138
Non-current assets:
Property and equipment, net	527,131	17,962
Operating lease right-of-use assets, net	674,595	1,172,808
Deferred tax assets, net	169,088	224,755
Other non-current assets	170,301	170,564
Deferred initial public offering (“IPO”) costs		694,095
TOTAL ASSETS	8,493,579	6,324,322
Current liabilities:
Accounts payable	528,965	667,390
Contract liabilities	16,393	15,617
Operating lease liabilities, current	469,826	479,130
Income tax payable	154,217	154,456
Accrued expenses and other current liabilities	759,278	1,065,717
Total current liabilities	2,597,341	3,063,498
Non-current liabilities:
Operating lease liabilities, non-current	226,444	697,346
Postemployment Benefits Liability, Noncurrent	22,873	14,801
Total non-current liabilities	249,317	712,147
TOTAL LIABILITIES	2,846,658	3,775,645
SHAREHOLDERS’ EQUITY
Ordinary shares, with no par value, 50,000,000 ordinary shares authorized, 12,500,000 and 11,250,000 ordinary shares issued and outstanding as of September 30, 2025 and 2024, respectively	3,980,040	1,024,034
Additional paid-in-capital	903,051	903,051
Retained earnings	731,600	598,666
Accumulated other comprehensive income	32,230	22,926
Total shareholders’ equity	5,646,921	2,548,677
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	8,493,579	6,324,322
Related Party
Current liabilities:
Amount due to a related party	$ 668,662	$ 681,188