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Consolidated Statement of Cash Flows
12 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2025
SGD ($)
Jun. 30, 2024
SGD ($)
Cash flows from operating activities      
(Loss)/Profit before tax $ (9,832,138) $ (12,505,497) $ 2,404,561
Adjustments for:      
Bad debts written off 189,013 240,405
Reversal of estimated credit losses (55,741)
Provision for estimated credit losses (536,404) (682,252) 50,168
Depreciation of property and equipment 84,644 107,659 30,093
Amortisation of right-of-use assets 843,989 1,073,469 498,635
Loss on written off fixed asset 138,549 176,220
Impairment loss on goodwill 8,763,025 11,145,691
Interest expense 160,349 203,948 176,238
Operating cash flows before changes in working capital (188,973) (240,357) 3,103,954
Changes in working capital:      
Inventories (239,218) (304,261) 22,571
Trade and other receivables (5,727,120) (7,284,324) (415,080)
Trade and other payables 3,409,904 4,337,057 387,690
Cash (used in)/ generated from operations (2,745,407) (3,491,885) 3,099,135
Interest paid (509,704) (648,292) (176,238)
Income tax paid (160,349) (203,948) (413,612)
Net cash (used in)/generated from operating activities (3,415,460) (4,344,125) 2,509,285
Cash flows from investing activities      
Acquisition of property and equipment (43,054) (54,760) (7,920)
Acquisition of new subsidiary (8,637,578) (10,986,135)
(Increase) in investment in associate (39) (49)
Cash provided by/ (used in) investing activities (8,680,671) (11,040,944) (7,920)
Cash flows from financing activities      
Deferred offering costs 1,223,544 1,556,226 (1,588,024)
Decrease in amount due from a director 1,320,457
Increase in amount due to related parties 260,405 331,209 1,311,390
Decrease/(Increase) in amount due from related parties 8,300,370 10,557,240 (73)
Increase in bank overdraft 48,251 61,371
Proceeds from borrowings 3,144,901 4,000,000
Payment of principal portion of lease liabilities (771,556) (981,342) (566,039)
Repayment of borrowings (6,495,235) (8,261,290) (2,356,930)
(Decrease)/Increase in amount due to former director (87,632) (111,459) 111,459
Non-controlling interest contributions 2,751 3,499
Share issuance 7,668,358 9,753,384
Net cash generated from/(used in) financing activities 13,294,157 16,908,838 (1,767,760)
Net increase/(decrease) in cash and cash equivalents 1,198,026 1,523,769 733,605
Cash and cash equivalents at beginning of financial period 1,533,967 1,951,053 1,217,448
Effects of currency translation on cash and cash equivalents (389,763) (495,739)
Cash and cash equivalents at end of financial year $ 2,342,230 $ 2,979,083 $ 1,951,053