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Revenue
12 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue
14 Revenue

 

Revenue by type of services

 

The summary of the Company’s total revenues by type of services for the years ended September 30, 2025, 2024, and 2023 was as follows:

 

   2025   2024   2023 
   Years Ended September 30, 
   2025   2024   2023 
   US$   US$   US$ 
             
Corporate secretarial and other services   2,236,184    1,841,464    1,405,245 
License application and renewal services   2,215,522    2,126,338    3,201,761 
Total   4,451,706    3,967,802    4,607,006 

 

Contract assets:

 

   2025   2024   2023 
   As of September 30, 
   2025   2024   2023 
   US$   US$   US$ 
             
Balance - beginning of the year   528,342    251,635    96,575 
Increase resulting from satisfaction of performance obligations   424,030    908,915    484,748 
Less: progress billings   (906,025)   (632,208)   (329,688)
Balance - end of the year   46,347    528,342    251,635 

 

Contract liabilities:

 

   2025   2024   2023 
   As of September 30, 
   2025   2024   2023 
   US$   US$   US$ 
             
Balance - beginning of the year   1,048,934    577,845    943,026 
Advances from customers   2,855,720    3,470,636    3,716,733 
Revenue recognized during the year   (3,139,425)   (2,999,547)   (4,081,914)
Balance - end of the year   765,229    1,048,934    577,845 

 

Revenue by geographical

 

   2025   2024   2023 
   Years Ended September 30, 
   2025   2024   2023 
   US$   US$   US$ 
             
Singapore   3,332,077    3,277,969    4,346,801 
Hong Kong   1,050,825    663,591    231,379 
China   68,804    26,242    28,826 
Total   4,451,706    3,967,802    4,607,006 

 

 

Total assets by geographical

 

   2025   2024   2023 
   As of September 30, 
   2025   2024   2023 
   US$   US$   US$ 
             
Singapore   17,159,784    3,582,480    3,762,528 
Hong Kong   2,101,147    1,850,771    1,353,529 
China   130,939    151,878    81,945 
Cayman   13,266,147    -    - 
Other   108,303    109,558    175,431 
Elimination adjustment   (14,549,016)   (2,211,010)   (1,346,552)
Total   18,217,304    3,483,677    4,026,881