$BTTC

Black Titan Corp

CIK:0002034400|SEC Filings

Statement of Operations	1 Months Ended	12 Months Ended
Statement of Operations	Jul. 31, 2024 USD ($) $ / shares shares	Jul. 31, 2025 USD ($) $ / shares shares	Jul. 31, 2024 USD ($) $ / shares shares
Operating expenses:
General and administrative expenses	$ (3,947)	$ (163,173)
Total operating expenses	(3,947)	(163,173)
Net income	$ (3,947)	$ (163,173)
Weighted average number of ordinary shares
Weighted average number of ordinary shares, Basic \| shares	1	1
Weighted average number of ordinary shares, Diluted \| shares	1	1
Earnings per share
Earning per share, Basic \| $ / shares	$ (3,947)	$ (163,173)
Earning per share, Diluted \| $ / shares	$ (3,947)	$ (163,173)
TALENTEC SDN. BHD. [Member]
Revenues		$ 2,683,126	$ 2,124,496
Cost of revenues		1,798,198	1,437,661
Gross profit		884,928	686,835
Operating expenses:
Selling and marketing expenses		24,773	16,822
General and administrative expenses		634,105	551,353
Total operating expenses		658,878	568,175
Income from operations		226,050	118,660
Interest expense		(13,905)	(48,329)
Other income/(expense)		(2,234)	82,896
Total other income/(expenses), net		(16,139)	34,567
Income before income taxes		209,911	153,227
Income tax expense
Net income		209,911	153,227
Other comprehensive income:
Foreign currency translation adjustment, net of tax		64,567	(30,932)
Comprehensive income		$ 274,478	$ 122,295
Weighted average number of ordinary shares
Weighted average number of ordinary shares, Basic \| shares		580,000	501,312
Weighted average number of ordinary shares, Diluted \| shares		580,000	501,312
Earnings per share
Earning per share, Basic \| $ / shares		$ 0.36	$ 0.31
Earning per share, Diluted \| $ / shares		$ 0.36	$ 0.31

Statement of Cash Flows - USD ($)	1 Months Ended	12 Months Ended
Statement of Cash Flows - USD ($)	Jul. 31, 2024	Jul. 31, 2025	Jul. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (3,947)	$ (163,173)
Changes in operating assets and liabilities
Accrued expenses		20,000
Net cash provided by operating activities	(3,947)	(143,173)
CASH FLOWS FROM INVESTING ACTIVITY:
Net cash used in investing activity
CASH FLOWS FROM FINANCING ACTIVITIES:
Amounts due to a related party	3,947	143,173
Net cash provided by/(used in) financing activities	3,947	143,173
Net increase/ (decrease) in cash and cash equivalents and restricted cash
Cash and cash equivalents and restricted cash, at beginning of year
Cash and cash equivalents and restricted cash, at end of year
SUPPLEMENTAL DISCLOSURE OF NON-CASH FLOW INFORMATION
General and administrative expenses paid by a related party	3,947	143,173
TALENTEC SDN. BHD. [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)		209,911	153,227
Adjustments to reconcile net income to net cash provided by operating activities:
Allowance (reversal) for credit loss		(861)	19,494
Depreciation of property and equipment		19,341	257
Amortization of right-of-use asset		43,408	35,417
Interest expense		13,422	3,578
Changes in operating assets and liabilities
Accounts receivable, net		139,758	(114,571)
Contract assets		3,556	870
Deferred costs		(184,349)	(55,299)
Prepaid expenses and other current assets		(13,538)	2,999
Lease liability		(43,408)	(36,214)
Accounts payable		124,359	53,089
Contract liabilities		59,848	49,455
Accrued expenses and other current liabilities		22,771	79,252
Net cash provided by operating activities		394,218	191,554
CASH FLOWS FROM INVESTING ACTIVITY:
Purchase of property and equipment		(123,425)	(1,526)
Net cash used in investing activity		(123,425)	(1,526)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock			800,000
Repayment of bank overdraft			(127,106)
Proceeds from notes payable			35,072
Repayment of notes payable		(208,467)
Repayment of long-term borrowings		(84,196)	(119,594)
Payment for deferred offering cost		(124,542)
Proceeds of loans provided by a related party			111,690
Repayment of loans provided by a related party			(143,602)
Net cash provided by/(used in) financing activities		(417,205)	556,460
Effect of exchange rate changes		96,314	(60,531)
Net increase/ (decrease) in cash and cash equivalents and restricted cash		(50,098)	685,957
Cash and cash equivalents and restricted cash, at beginning of year		1,234,030	548,073
Cash and cash equivalents and restricted cash, at end of year	1,234,030	1,183,932	1,234,030
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONSOLIDATED BALANCE SHEETS
Cash and cash equivalents	684,497	575,111	684,497
Restricted cash	549,533	608,820	549,533
Total cash, cash equivalents and restricted cash	$ 1,234,030	1,183,931	1,234,030
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Income tax paid
Interest paid		14,983	21,004
SUPPLEMENTAL DISCLOSURE OF NON-CASH FLOW INFORMATION
Lease liability arising from obtaining right-of-use asset		191,619
Payment of professional fees by a related party			355,450
Reclassification from due to a related party to accrued expenses and other current liabilities (refer to note 12)		$ 377,317

Balance Sheet	Jul. 31, 2025 USD ($)	Jul. 31, 2024 USD ($)
Current liabilities:
Accrued expenses	$ 20,000
Non-current liability:
TOTAL LIABILITIES	167,120	3,947
Shareholders’ equity
Ordinary shares (par value of US$0.36 (RM1) per share; 580,000 and 580,000 shares authorized as of July 31, 2024 and 2025;
Accumulated deficit	(167,120)	(3,947)
Total shareholders’ equity	(167,120)	(3,947)
TALENTEC SDN. BHD. [Member]
Current assets:
Cash and cash equivalents	575,111	684,497
Restricted cash	608,820	549,533
Accounts receivable, net	167,153	287,324
Contract assets		3,380
Deferred costs	345,780	317,761
Deferred offering cost	710,300	369,697
Prepaid expenses and other current assets	55,731	38,914
Total current assets	2,462,895	2,251,106
Non-current assets:
Property and equipment, net	107,965	1,365
Right-of-use asset	151,642
Total non-current assets	259,607	1,365
TOTAL ASSETS	2,722,502	2,252,471
Current liabilities:
Accounts payable	289,246	152,327
Notes payable	130,910	319,750
Contract liabilities	573,312	475,697
Accrued expenses and other current liabilities	603,504	182,116
Amount due to a related party		358,626
Long-term borrowings	19,597	66,193
Lease liability	63,817
Total current liabilities	1,680,386	1,554,709
Non-current liability:
Long-term borrowings		17,949
Lease liability	87,825
Total non-current liability	87,825	17,949
TOTAL LIABILITIES	1,768,211	1,572,658
Shareholders’ equity
Ordinary shares (par value of US$0.36 (RM1) per share; 580,000 and 580,000 shares authorized as of July 31, 2024 and 2025;	208,617	208,617
Additional paid-in capital	782,865	782,865
Accumulated deficit	(49,207)	(259,118)
Accumulated other comprehensive (loss) income	12,016	(52,551)
Total shareholders’ equity	954,291	679,813
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	2,722,502	2,252,471
Related Party [Member]
Current liabilities:
Amount due to a related party	147,120	3,947
Related Party [Member] \| TALENTEC SDN. BHD. [Member]
Current liabilities:
Amount due to a related party		$ 358,626