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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
12 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2018
Total Revenue $ 685,999 $ 3,078,758 $ 5,307,891
Cost of revenues 227,410    
Gross profits 458,589 3,078,758 5,307,891
Operating expenses:      
Selling expenses 2,638,972 1,096,195 1,773,159
General and administrative expenses 6,255,109 1,245,169 807,053
Provision for doubtful accounts 2,645,239 65,790  
Goodwill impairment loss 5,621,467    
Impairment of intangible assets 384,492 0 0
Impairment of property and equipment 172,728    
Total operating expenses 17,718,007 2,407,154 2,580,212
Income (Loss) from operations (17,259,418) 671,604 2,727,679
Other income (expenses):      
Interest income (expenses), net (169) 1,994 16,303
Other income (expenses), net (155,568) 32,452 (80,283)
Gain from investment in trading securities 201,051    
Total other income (expense), net 45,314 34,446 (63,980)
Income (loss) before income taxes (17,214,104) 706,050 2,663,699
Income tax provision 76,264 276,823 716,816
Net income (loss) (17,290,368) 429,227 1,946,883
Less: Net loss attributable to non-controlling interests 2,407,669 0  
Net income (loss) attributable to ATIF Holdings Limited (14,882,699) 429,227 1,946,883
Other comprehensive loss:      
Total foreign currency translation adjustment (30,225) (17,642) (113,090)
Comprehensive income (loss) (17,320,593) 411,585 1,833,793
Less: comprehensive loss attributable to non-controlling interests 2,449,843    
Comprehensive income (loss) attributable to ATIF Holdings Limited $ (14,870,750) $ 411,585 $ 1,833,793
Earnings (Loss) Per share      
Basic and diluted $ (0.37) $ 0.01 $ 0.06
Weighted Average Shares Outstanding      
Basic and diluted 39,790,520 35,522,931 35,000,000
Consulting services and customer's initial registration services      
Total Revenue $ 645,127 $ 3,078,758 $ 5,307,891
Multi-channel advertising, event planning and execution      
Total Revenue 40,872    
Cost of revenues $ 227,410