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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)      
NET REVENUE $ 14,311,414 $ 12,562,599 $ 29,163,616
COST OF REVENUE 11,799,981 11,148,577 26,868,870
GROSS PROFIT 2,511,433 1,414,022 2,294,746
SELLING, GENERAL AND ADMINISTRATIVE, RESEARCH AND DEVELOPMENT EXPENSES 4,749,740 2,093,110 2,084,115
INCOME (LOSS) FROM OPERATIONS (2,238,307) (679,088) 210,631
Interest income, net 18,811 57,782 32,701
Investment income (loss) (3,433,407) 966,711 217,593
Share of results of associates 126,333    
Grant income 95,278 39,975 96,259
Other income (expenses) 561,478 (44,664) 130,450
Total Other income (expense) (2,884,173) 1,019,804 477,003
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT)/ EXPENSE (5,122,480) 340,716 687,634
INCOME TAXES (BENEFIT)/EXPENSE (4,296,785) 11,936 248,254
NET INCOME (LOSS) (825,695) 328,780 439,380
Less: net income (loss) attributable to non-controlling interest 35,525 (85,688) (56,141)
NET INCOME (LOSS) ATTRIBUTABLE TO BGM GROUP LTD (861,220) 414,468 495,521
OTHER COMPREHENSIVE INCOME      
Foreign currency translation adjustment (767,989) 240,793 1,148,573
COMPREHENSIVE INCOME (LOSS) (1,593,684) 569,573 1,587,953
Less: comprehensive income (loss) attributable to non - controlling interests 18,690 (70,153) 6,741
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO BGM GROUP LTD $ (1,612,374) $ 639,726 $ 1,581,212
Earnings (loss) per common share - basic (in dollar per share) $ (0.03) $ 0.06 [1] $ 0.07 [1]
Earnings (loss) per common share - diluted (in dollar per share) $ (0.03) $ 0.06 [1] $ 0.07 [1]
Weighted average shares - basic (in shares) 31,615,463 7,226,480 [1] 7,226,480 [1]
Weighted average shares - diluted (in shares) 31,615,463 7,226,480 [1] 7,226,480 [1]
[1] The shares and per share data are presented on a retroactive basis to reflect the Company’s Share Consolidation.