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BUSINESS SEGMENT INFORMATION (Tables)
12 Months Ended
Jun. 30, 2025
BUSINESS SEGMENT INFORMATION  
Schedule of reconciliation of the disaggregated revenue

 

 

Year ended June 30, 2025

 

 

 

Trading and production of building materials

and

renewable

commodities

 

 

Holding

property

 

 

Licensor of

proprietary

pyrolysis

technology

 

 

Corporate

unallocated

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$130,258

 

 

$-

 

 

$-

 

 

$2,944

 

 

$133,202

 

Cost of revenue

 

 

(49,645 )

 

 

-

 

 

 

-

 

 

 

(2,144 )

 

 

(51,789 )

Gross profit

 

 

80,613

 

 

 

-

 

 

 

-

 

 

 

800

 

 

 

81,413

 

Selling, general & administrative expenses

 

 

(4,457,865 )

 

 

(228,546 )

 

 

(12,229 )

 

 

(1,190,384 )

 

 

(5,889,024 )

Other operating expenses

 

 

(214,410 )

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(214,410 )

Loss from operations

 

 

(4,591,662 )

 

 

(228,546 )

 

 

(12,229 )

 

 

(1,189,584 )

 

 

(6,022,021 )

Interest expense

 

 

(16,247 )

 

 

-

 

 

 

-

 

 

 

(86,456 )

 

 

(102,703 )

Rental income

 

 

-

 

 

 

38,200

 

 

 

-

 

 

 

-

 

 

 

38,200

 

Unrealized foreign exchange gains

 

 

2,892

 

 

 

-

 

 

 

-

 

 

 

579,142

 

 

 

582,034

 

Gain from insurance claim

 

 

-

 

 

 

481,513

 

 

 

-

 

 

 

-

 

 

 

481,513

 

Gain on disposal of property, plant and equipment

 

 

3,468

 

 

 

161,156

 

 

 

-

 

 

 

-

 

 

 

164,624

 

Interest income

 

 

70,650

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

70,650

 

Other income

 

 

-

 

 

 

4,690

 

 

 

-

 

 

 

-

 

 

 

4,690

 

(Loss) income before income tax

 

 

(4,530,899 )

 

 

457,013

 

 

 

(12,229 )

 

 

(696,898 )

 

 

(4,783,013 )

Income tax

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Segment (loss) income

 

$(4,530,899 )

 

$457,013

 

 

$(12,229 )

 

$(696,898 )

 

 

(4,783,013 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at June 30, 2025

 

$7,823,834

 

 

$247

 

 

$30,194,361

 

 

$1,076,950

 

 

$39,095,392

 

 

 

Year ended June 30, 2024

 

 

 

Production

and

distribution

of renewable

commodities

 

 

Holding

property

 

 

Licensor of

proprietary

pyrolysis

technology

 

 

Corporate

unallocated

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$91,356

 

 

$-

 

 

$-

 

 

$5,228

 

 

$96,584

 

Cost of revenue

 

 

(58,343 )

 

 

-

 

 

 

-

 

 

 

(4,635 )

 

 

(62,978 )

Gross profit

 

 

33,013

 

 

 

-

 

 

 

-

 

 

 

593

 

 

 

33,606

 

Selling, general & administrative expenses

 

 

(1,985,104 )

 

 

(110,294 )

 

 

(4,466 )

 

 

(782,512 )

 

 

(2,882,376 )

Other operating expenses

 

 

(237,047 )

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(237,047 )

Loss from operations

 

 

(2,189,138 )

 

 

(110,294 )

 

 

(4,466 )

 

 

(781,919 )

 

 

(3,085,817 )

Interest expense

 

 

(59,566 )

 

 

-

 

 

 

-

 

 

 

(116,917 )

 

 

(176,483 )

Rental income

 

 

-

 

 

 

68,200

 

 

 

-

 

 

 

-

 

 

 

68,200

 

Interest income

 

 

1,112

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,112

 

Other income

 

 

623

 

 

 

-

 

 

 

227

 

 

 

4,476

 

 

 

5,326

 

Loss before income tax

 

 

(2,246,969 )

 

 

(42,094 )

 

 

(4,239 )

 

 

(894,360 )

 

 

(3,187,662 )

Income tax

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(112 )

 

 

(112 )

Segment loss

 

$(2,246,969 )

 

$(42,094 )

 

$(4,239 )

 

$(894,472 )

 

$(3,187,774 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at June 30, 2024

 

$7,923,251

 

 

$1,201,186

 

 

$30,193,231

 

 

$843,659

 

 

$40,161,327

 

Schedule of financial information, geographic segment

 

 

Years ended June 30,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Malaysia

 

$4,782

 

 

$34,024

 

United States of America

 

 

128,420

 

 

 

62,560

 

 

 

$133,202

 

 

$96,584