Company: PHIL
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011742
Chunk: 1

Company: PHI GROUP INC
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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    outstanding on 3/31/2025; 60 billion shares authorized and 46,873,940,565 shares issued and outstanding on 6/30/2024, respectively,
    adjusted for 1 for 1,500 reverse split effective March 15, 2012. Par value: 
     46,873,941  
     46,873,941 
  
    APIC - Common Stock 
     29,109,985  
     29,109,985 
  
    Common Stock to be issued 
     2,404,306  
     1,890,290 
  
    Common Stock to be cancelled 
     (35,500) 
     (35,500)
  
    Treasury stock: 484,767 shares as of 3/31/25 and 6/30/24, respectively - cost method. 
     (44,170) 
     (44,170)
  
    Accumulated deficit 
     (88,020,027) 
     (85,514,751)
  
    Total Acc. Other Comprehensive Income (Loss) 
     (1,935,918) 
     (1,936,201)
  
    Total stockholders’ deficit 
     (11,644,943) 
     (9,653,967)
  
    Total liabilities and stockholders’ deficit 
    $32,522  
    $90,856 

The
accompanying notes form an integral part of these audited consolidated financial statements

F-1

PHI
GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED
STATEMENT OF OPERATIONS

UNAUDITED

    For the Three Months Ended  
    For the Nine Months Ended 

    March 31,  
    March 31, 

    2025  
    2024  
    2025  
    2024 
  
    Net revenues 

    Consulting, advisory and management services 
     -  
     -  
     -  
     5,000 
  
    Total revenues  
    $-  
    $-  
    $-  
    $5,000 
  
    Operating expenses:  

    Salaries and wages 
     52,500  
     52,500  
     157,500  
     157,