Risks and uncertainties

12 Months Ended

Jun. 30, 2025

Risks and Uncertainties [Abstract]

Risks and uncertainties

Note 3. Risks and uncertainties

Economic and political risk

The Company’s operating subsidiaries conduct business in Hong Kong, a Special Administrative Region of the PRC. Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environment in the PRC, and by the general state of the PRC economy.

The Company’s operations in Hong Kong are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political and social conditions in the PRC, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation.

Concentration of credit risk

Financial instruments that potentially expose the Company to significant concentration of credit risk consist primarily of trade receivables. The Company conducts credit evaluations of its customers, and generally does not require collateral or other security from them. The Company evaluates its collection experience and long outstanding balances to determine the need for a provision for expected credit losses. The Company conducts periodic reviews of the financial condition and payment practices of its customers to minimize collection risk on trade receivables.

Details of the customers which accounted for 10% or more of the revenue are as follows:

	For the years ended June 30,
	2025		% revenue			2024		% revenue			2023		% revenue
Customer A	$	1,765,297		27.9	%	$	1,694,083		29.1	%	$	806,316		22.8	%
Customer B		846,411		13.4	%		866,590		14.9	%		437,083		12.4	%
Customer C		749,711		11.8	%		—		—	%		—		—	%
Customer D		269,610		4.3	%		488,749		8.4	%		455,273		12.9	%
Customer E		173,514		2.7	%		259,121		4.5	%		374,026		10.6	%
Customer F		—		—	%		34,960		0.6	%		380,343		10.7	%
	$	3,804,543		60.1	%	$	3,343,503		57.5	%	$	2,453,041		69.4	%

Details of the customers which accounted for 10% or more of the trade receivables are as follows:

	As of June 30,
	2025		% trade receivables			2024		% trade receivables
Customer A	$	382,170		28.9	%	$	—		—	%
Customer B		199,748		15.1	%		—		—	%
Customer C		150,002		11.4	%		—		—	%
Customer D		71,196		5.4	%		239,702		27.1	%
Customer E		57,364		4.3	%		122,395		13.9	%
Customer F		21,331		1.6	%		256,142		29.0	%
	$	881,811		66.7	%	$	618,239		70.0	%