Company: RHNO
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001641172-25-014247
Chunk: 51

Company: RHINO BITCOIN INC.
Filing Date: 2025-06-09
Form: 10-Q
Item: Item 8
Chunk 51
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    $98,224  
    $17,527 
  
    Total other payables, accrued liabilities and deposits received 
    $101,224  
    $34,386 

The working capital loan is unsecured and the repayment
term is six months started from the date of loan drawdown. The interest rate on working capital loan was 1.5% per month.

12.
REVENUE

For
the period ended April 30, 2025 and 2024, the Company has revenue arise from the following:

SCHEDULE OF REVENUE

    Nine months period ended April 30, 2025  
    Nine months period ended April 30, 2024 

    (Unaudited)  
    (Unaudited) 
  
    Installation service provided 
    $320,540  
    $1,073,259 
  
    Total revenue 
    $320,540  
    $1,073,259 

13.
INCOME TAXES

For
the period ended April 30, 2025 and 2024, the local (United States) and foreign components of loss before income taxes were comprised
of the following:

SCHEDULE OF LOCAL AND FOREIGN COMPONENTS OF INCOME
(LOSS) BEFORE INCOME TAX

    Nine months period ended April 30, 2025  
    Nine months period ended April 30, 2024 

    (Unaudited)  
    (Unaudited) 

    Tax jurisdictions from: 

    Local 
    $(224,724) 
    $(53,162)
  
    Foreign, representing 

    - Labuan 
     16,574  
     (13,926)
  
    - Hong Kong 
    $(16,688) 
    $(18,069)
  
    - Malaysia 
     (121,922) 
     (283,900)
  
    Loss before income tax 
    $(346,760) 
    $(369,057)

The
provision for income taxes consisted of the following:

SCHEDULE OF PROVISION FOR INCOME TAX

    For the period ended April 30, 2025 (Unaudited)  
    For the period ended April 30, 2024 (Unaudited) 
  
    Current: 

    - Local 
     494  
     - 
  
    - Foreign 
     -  
     -