Segment Information

12 Months Ended

Jun. 30, 2025

Segment Information [Abstract]

SEGMENT INFORMATION

NOTE 21 – SEGMENT INFORMATION

The Company follows ASC Topic 280, Segment Reporting, which requires that companies to disclose segment data based on how the chief operating decision maker (“CODM”) makes decision about allocating resources to each segment and evaluating their performances. The Company’s CODM has been identified as the Chief Executive Officer. The Company has two operating and reportable segments, consisting of IT services and academic education service. The reportable segments align with the manner in which the CODM currently receives and uses financial information to allocate resource and evaluate the performance of the segments.

The Company presents segment information after elimination of inter-company transactions. In general, revenue, cost of revenue and operating expenses are directly attributable to each segment. The CODM uses gross profit, gross profit margin, operating income (loss), operating margin, and income (loss) before tax to assess financial performance and allocate resources. The CODM considers budget to actual comparisons on a regular basis when assessing the operating results and making resource decisions to improve profitability. The CODM also uses the budget to actual comparisons to make decisions aligned with the Company’s strategic initiatives and capital allocation priorities.

The Company’s CODM does not evaluate its operating segments using discrete asset information. There is no asset information that are supplemental to those disclosed in these consolidated financial statements, that are regularly provided to the CODM.

The table below provides a summary of the Company’s operating segment operating results for the year ended June 30, 2025:

	For the year ended June 30, 2025
	IT services			Academic education services			Intersegment eliminations			Total
Revenue		162,467,057			2,047,049			(32,692	)		164,481,414
Less:
Cost of revenues		127,362,787			819,260			(6,051	)		128,175,996
Gross profit		35,104,270			1,227,789			(26,641	)		36,305,418
Gross profit margin		22	%		60	%					22	%
Selling and marketing expenses		4,939,341			241,341			-			5,180,682
General and administrative expenses		30,229,878			1,622,301			-			31,852,179
Research and development expenses		5,815,555			-			-			5,815,555
Other segment operating income*		(1,165,694	)		-			-			(1,165,694	)
Operating loss		(4,714,810	)		(635,853	)		(26,641	)		(5,377,304	)
Operating margin		(3	)%		(31	)%					(3	)%
Total other income (loss), net		310,617			(8,927	)		-			301,690
Loss before income taxes		(4,404,195	)		(644,778	)		(26,641	)		(5,075,614	)
Other segment (loss) income, net**		(1,473,609	)		122,659			-			(1,350,950	)
Net loss		(5,877,804	)		(522,119	)		(26,641	)		(6,426,564	)

The table below provides a summary of the Company’s operating segment operating results for the year ended

	For the year ended June 30, 2024
	IT services			Academic education services			Intersegment eliminations			Total
Revenue		141,818,338			1,042,832			(48,444	)		142,812,726
Less:
Cost of revenues		109,506,676			367,886			(8,967	)		109,865,595
Gross profit		32,311,662			674,946			(39,477	)		32,947,131
Gross profit margin		23	%		65	%		81	%		23	%
Selling and marketing expenses		4,573,344			-			-			4,573,344
General and administrative expenses		24,500,116			619,894			-			25,120,010
Research and development expenses		7,155,949			-			-			7,155,949
Other segment operating income*		(1,363,757	)		-			-			(1,363,757	)
Operating (loss) income		(2,553,990	)		55,052			(39,477	)		(2,538,415	)
Operating margin		(2	)%		(5	)%		(81	)%		(2	)%
Total other income, net		686,051			8,999			-			695,050
(Loss) income before income taxes		(1,867,939	)		64,051			(39,477	)		(1,843,365	)
Other segment (loss) income, net **		(16,712	)		12,767			-			(3,945	)
Net (loss) income		(1,884,651	)		76,818			(39,477	)		(1,847,310	)

The table below provides a summary of the Company’s operating segment operating results for the year ended June 30, 2023:

	For the year ended June 30, 2023
	IT services			Academic education services		Intersegment eliminations		Total
Revenue		150,356,539			-		-		150,356,539
Less:
Cost of revenues		115,874,809			-		-		115,874,809
Gross profit		34,481,730			-		-		34,481,730
Gross profit margin		23	%		-		-		23	%
Selling and marketing expenses		3,300,555			-		-		3,300,555
General and administrative expenses		21,641,317							21,641,317
Research and development expenses		8,336,999			-		-		8,336,999
Other segment operating loss *		1,126,468			-		-		1,126,468
Operating loss		76,391			-		-		76,391
Operating margin		0.1	%		-		-		0.1	%
Total other income, net		693,255			-		-		693,255
Income before income taxes		769,646			-		-		769,646
Other segment loss, net **		(604,081	)		-		-		(604,081	)
Net income		165,565			-		-		165,565

* Other segment operating income includes impairment of goodwill and subsidies and other operating income.

** Other segment (loss) income includes provision for income taxes and share of income (loss) in equity method investees.

The following table presents revenues by the service lines for the years ended June 30, 2025, 2024 and 2023:

	For the year ended June 30
	2025			2024			2023
Revenue:
IT consulting service		158,790,921			136,844,784			144,286,502
Customized IT solution service		2,781,538			3,147,593			4,554,200
Other		894,598			1,825,961			1,515,837
IT services subtotal		162,467,057			141,818,338			150,356,539
Revenue:
Academic education service		2,047,049			1,042,832			-
Inter-segment*		(32,692	)		(48,444	)		-
Total revenue		164,481,414			142,812,726			150,356,539

The Company’s operations are primarily based in China, where the Company derives a substantial portion of their revenues. The following table presents revenues generated in domestic and overseas markets for the years ended June 30, 2025, 2024 and 2023:

	For the year ended June 30
	2025		2024		2023
Mainland China		121,989,818		120,510,430		134,185,815
Singapore		21,882,041		10,987,527		8,733,344
Hong Kong		14,397,386		6,245,523		4,311,182
United States		3,881,511		4,367,813		2,779,313
Japan		2,000,817		566,410		254,601
India		213,851		8,512		-
Others		115,990		126,511		92,284
Total		164,481,414		142,812,726		150,356,539

Long-lived assets by geographic area are presented as follows:

	For the year ended June 30
	2025		2024		2023
Hong Kong		14,573,383		15,290,412		15,124,060
Singapore		5,108,371		4,861,111		4,665,463
Mainland China		1,512,594		1,010,449		315,347
India		15,841		4,052		6,857
Malaysia		2,174		2,373		-
Japan		-		127		578
Total		21,212,463		21,168,524		20,112,305