Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 376

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 4
Chunk 376
---
ited) 
  
    Accrued audit fees 
    $18,000  
    $16,859 
  
    Other payable and accrued liabilities 
     59,489  
     17,527 
  
    Total other payables and accrued liabilities 
    $77,489  
    $34,386 

13.
REVENUE

For
the years ended July 31, 2025 and July 31, 2024, the Company has revenue arise from the following:

SCHEDULE OF REVENUE

    For the year ended July 31, 2025 (Audited)  
    For the year ended July 31, 2024 (Audited) 
  
    Installation service 
    $478,159  
    $1,232,326 
  
    Total revenue 
    $478,159  
    $1,232,326 

    F-17

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

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

FOR
THE YEARS ENDED JULY 31, 2025 AND 2024

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

14.
INCOME TAXES

For
the years ended July 31, 2025 and July 31, 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

    Year ended  July 31, 2025  
    Year ended  July 31, 2024 
  
    Tax jurisdictions from: 

    Local 
    $(337,068) 
     (79,591)
  
    Foreign, representing 

    - Labuan 
    $43,421  
     (9,803)
  
    - Hong Kong 
    $(18,325) 
     (20,829)
  
    - Malaysia 
     (145,911) 
     (327,558)
  
    Loss before income tax 
    $(457,883) 
     (437,781)

The
provision for income taxes consisted of the following:

SCHEDULE OF PROVISION FOR INCOME TAX

    Year ended
                                                                  July 31, 2025  
    Year ended
                                                                  July