Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 139

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1B
Chunk 139
---
, 2025 AND 2024

(Currency
expressed in United States Dollars (“US$”))

(Audited)

    2025  
    2024 

    Year ended July 31 

    2025  
    2024 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss for the year 
    $(458,364) 
    $(437,781)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Allowance for credit losses 
     -  
     24,827 
  
    Amortization of right-of-use assets 
     25,393  
     26,099 
  
    Depreciation 
     5,677  
     2,896 
  
    Fixed assets written off 
     907  
     - 
  
    Lease assets written off 
     (1,152) 
     - 
  
    Changes in operating assets and liabilities: 

    Trade receivables 
     (191,497) 
     (23,703)
  
    Retention sum receivable 
     19,484  
     (109,945)
  
    Other receivables, prepayments and deposits 
     (28,935) 
     2,192 
  
    Contract assets 
     56,247  
     (250,711)
  
    Deferred cost 
     4,122  
     (3,798)
  
    Trade payable 
     56,882  
     77,264 
  
    Retention sum payable 
     4,119  
     67,697 
  
    Other payables and accrued liabilities 
     43,103  
     (2,361)
  
    Operating lease liabilities 
     (29,115) 
     (25,795)
  
    Amount due to related company 
     105,127  
     - 
  
    Income tax payable 
     481  
     - 
  
    Net cash used in operating activities 
     (387,521) 
     (653,119)

    CASH FLOWS FROM INVESTING ACTIVITY: 

    Purchase of property, plant and equipment 
    $(3,030) 
    $(13,967)
  
    Net cash used in investing activity