ATIF Holdings Ltd

Listed Company

ZBAICIK 0001755058NasdaqNon-AcceleratedServices-Management Consulting ServicesD8VGFY ends Jul 31

Period

FY 2025

Revenue

$1.20M

Net Income

$-4.60M

Total Assets

$10.44M

Equity

$9.66M

Shares Out

1.31M

Op. Cash Flow

$-2.46M

Business

ATIF Holdings Ltd is a business consulting company that provides financial advisory services to small and medium-sized enterprises, focusing on guiding clients through the process of becoming public companies. The company’s main services include comprehensive going-public consulting, listing and strategic consulting, operational and financial advisory, asset management, investment holding and media services, and a planned expansion into Bitcoin acquisition and mining. Key business segments consist of ATIF Business Consulting, ATIF Business Management, ATIF Investment and a supplementary business division. ATIF serves clients across Hong Kong, the United States, Mexico, Singapore and other international markets through direct consulting engagements and digital channels.

Summary from filing dated 2025-12-09

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2024 2024-07-31	FY 2023 2023-07-31	FY 2022 2022-07-31	FY 2021 2021-07-31
Revenues	620,000	2	2	936,935
Selling expenses	333,500	207,238	569,529	439,174
General and administrative expenses	2	2	3	3
(Reversal of provision) provision against accounts receivable due from a related party	−19,103	762,000	—	—
Total operating expenses	3	3	3	3
Loss from operations	−2	−760,864	−2	−2
Interest income, net	26	1,874	—	—
Other (expenses) income, net	−846,871	314,518	−123,296	−84,194
Provision against due from buyers of LGC	—	−3	—	—
(Loss) gain from investment in trading securities	−381,370	192,102	—	—
Gain from disposal of subsidiaries and VIE	—	56,038	—	—
Total other expense, net	−1	−2	−1	47,564
Loss before income taxes	−3	−3	−3	−2
Income tax provision	−3,300	−31,200	—	—
Net loss and comprehensive loss	−3	−3	−3	—
Loss Per share basic (in Dollars per share)	−0.31	−0.3	−0.31	−0.9
Loss Per share diluted (in Dollars per share)	−0.31	−0.3	−0.31	−0.9
Basic (in Shares)	10	10	10	9
Diluted (in Shares)	10	10	10	9

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2024 2024-07-31	FY 2023 2023-07-31	FY 2022 2022-07-31	FY 2021 2021-07-31
Cash and cash equivalents	1	606,022	2	6
Accounts receivable	—	650,000	—	—
Deposits	3,000	86,000	—	—
Investment in trading securities	400,000	130,649	—	—
Prepaid expenses and other current assets	122,224	429,570	651,210	688,451
Total current assets	3	3	6	10
Property and equipment, net	60,047	93,637	272,700	572,027
Intangible assets, net	—	73,331	153,331	—
Right-of- use assets, net	53,793	1	1	745,125
TOTAL ASSETS	3	4	8	11
Accounts payable, accrued expenses and other current liabilities	957,057	293,140	2	—
Deferred revenue	—	70,000	90,785	370,948
Taxes payable	19,985	31,200	—	58,017
Operating lease liabilities, current	11,375	415,411	433,061	382,298
Total current liabilities	1	2	3	1
Operating lease liabilities, noncurrent	20,417	689,498	985,249	387,307
Long-term payable	250,000	—	—	—
TOTAL LIABILITIES	1	2	4	2
Commitments	—	—	—	—
Ordinary shares, $0.001 par value, 100,000,000,000 shares authorized, 11,917,452 shares and 9,627,452 shares issued and outstanding as of July 31, 2024 and 2023, respectively	11,917	9,627	9,627	9,161
Additional paid-in capital	33	29	29	—
Accumulated deficit	−31	−28	−25	−22
Total Shareholders Equity	2	2	4	10
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	3	4	8	11

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2024 2024-07-31	FY 2023 2023-07-31	FY 2022 2022-07-31	FY 2021 2021-07-31
Depreciation and amortization	112,009	138,805	158,605	208,956
Amortization of right-of-use assets	273,367	434,135	424,400	—
Loss from early termination of an operating lease	7,690	—	—	—
Loss from disposal of property and equipment	—	49,702	39,313	—
Loss (gain) from investment in trading securities	381,370	−192,102	—	—
Loss from disposal of a subsidiary	—	69,045	—	—
Accounts receivable	650,000	−650,000	—	—
Accounts receivable a related party	400,000	−600,000	−762,000	—
Deposits	83,000	55,000	93,668	133,848
Prepaid expenses and other current assets	309,636	221,644	37,241	11,922
Deferred revenue	−70,000	−20,785	—	—
Taxes payable	−11,215	31,200	−55,809	−643,789
Accounts payable, accrued expenses and other current liabilities	1	−2	2	28,412
Lease liabilities	−349,145	−422,894	−414,036	−505,372
Net cash used in operating activities	−100,000	−2	−100,000	−3
Purchase of property and equipment	−5,086	−1,444	−101,950	−106,505
Proceeds from disposal of property and equipment	—	72,000	283,359	—
Payment for investment in trading securities	−674,869	—	—	—
Proceeds from redemption of trading securities	—	94,799	—	—
Proceeds from disposal of investment in an equity investee	—	335,000	—	—
Loans to a related party	—	−100,000	—	—
Prepayment made to a related party	−900,000	—	—	—
Collection of loans from a related party	—	59,461	—	—
Net cash (used in) provided by investing activities	−2	459,816	−2	861,921
Borrowings from a related party	—	729,968	—	—
Proceeds from issuance of ordinary shares pursuant to a private placement	2	—	—	3
Net cash provided by financing activities	2	729,968	−2	7
Net increase (decrease) in cash	643,354	−1	—	—
Cash paid for interest expenses	—	—	—	—
Cash paid for income tax	14,515	—	—	—
Right-of-use assets obtained in exchange for operating lease obligations	67,571	109,492	1	807,531
Issuance of ordinary shares to settle payroll payable due to a management	349,875	—	—	—
Waive of liabilities by a related party	712,258	—	—	—
Disposal of right-of-use assets with decrease of operating lease obligations	799,232	—	—	—

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