Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 190

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1C
Chunk 190
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    Total liabilities 
     393,261  
     244,571 

    STOCKHOLDERS’ EQUITY 

    Preferred stock, $0.0001 par value, 200,000,000 shares authorized;  None issued and outstanding 
     -  
     - 
  
    Common stock, $0.0001 par value, 1,000,000,000 shares authorized 7,133,985 and 6,653,990 shares issued and outstanding as of July 31, 2025 and 2024 respectively 
    $713  
    $665 
  
    Additional paid-in capital 
     4,237,787  
     3,277,835 
  
    Accumulated other comprehensive loss 
     (34,292) 
     (14,009)
  
    Accumulated deficit 
     (3,045,795) 
     (2,587,431)
  
    Total stockholders’ equity 
     1,158,413  
     677,060 

    TOTAL LIABILITIES AND STOCKHOLDERS’ FUND 
     1,551,674  
     921,631 

See
accompanying notes to consolidated financial statements.

F-4

PHOENIX PLUS CORP. (NOW KNOWN AS RHINO BITCOIN INC.)

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

FOR
THE YEARS ENDED JULY 31, 2025 AND 2024

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Audited)

    July 31, 2025 (Audited)  
    July 31, 2024 (Audited) 

    Revenue 
    $478,159  
    $1,232,326 

    Cost of revenue 
     (411,361) 
     (1,284,930)

    Gross profit / (loss) 
     66,798  
     (52,604)

    Other income 
     57,491  
     3,692 

    Operating expenses: 

    General and administrative expenses (Included management fee of $200,000 (2024: Nil) paid to a related party) 
     (572,495) 
     (379,088)
  
    Finance cost