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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Total Revenues $ 1,244,247 $ 1,351,909 $ 2,790,617
OPERATING EXPENSES      
Selling and marketing 2,438,248 1,764,909 2,517,497
General and administrative - professional fees 1,220,367 1,185,930 1,011,053
General and administrative - compensation and related benefits 460,791 2,691,751 948,900
General and administrative - other 141,167 654,587 566,971
Impairment loss   123,646  
Total Operating Expenses 4,260,573 6,420,823 5,044,421
LOSS FROM OPERATIONS (3,016,326) (5,068,914) (2,253,804)
OTHER INCOME (EXPENSE)      
Interest income 731,961 434,406 315,070
Other (expense) income (8,278) (26,042) 18,686
Total Other Income, net 723,683 408,364 333,756
LOSS BEFORE INCOME TAXES (2,292,643) (4,660,550) (1,920,048)
INCOME TAXES 161,339 23,639 24,529
NET LOSS (2,453,982) (4,684,189) (1,944,577)
LESS: NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTEREST (5) (32) (28)
NET LOSS ATTRIBUTABLE TO TIAN RUIXIANG HOLDINGS LTD ORDINARY SHAREHOLDERS $ (2,453,977) $ (4,684,157) $ (1,944,549)
NET LOSS PER ORDINARY SHARE ATTRIBUTABLE TO TIAN RUIXIANG HOLDINGS LTD ORDINARY SHAREHOLDERS:      
Basic $ (3.87) $ (9.03) $ (5.65)
Diluted $ (3.87) $ (9.03) $ (5.65)
WEIGHTED AVERAGE ORDINARY SHARES OUTSTANDING:      
Basic 633,336 518,655 344,425
Diluted 633,336 518,655 344,425
COMPREHENSIVE LOSS:      
NET LOSS $ (2,453,982) $ (4,684,189) $ (1,944,577)
OTHER COMPREHENSIVE (LOSS) INCOME      
Unrealized foreign currency translation (loss) gain (61,134) (3,717,478) 214,123
COMPREHENSIVE LOSS (2,515,116) (8,401,667) (1,730,454)
LESS: COMPREHENSIVE LOSS ATTRIBUTABLE TO NON-CONTROLLING INTEREST (6) (89) (6)
COMPREHENSIVE LOSS ATTRIBUTABLE TO TIAN RUIXIANG HOLDINGS LTD ORDINARY SHAREHOLDERS (2,515,110) (8,401,578) (1,730,448)
Commissions      
Total Revenues $ 1,244,247 1,324,655 2,675,611
Risk management services      
Total Revenues   $ 27,254 $ 115,006