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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
REVENUE, NET $ 47,381,918 $ 18,543,243 $ 32,281,543
Cost of revenue 44,501,198 22,206,058 26,036,011
GROSS PROFIT (LOSS) 2,880,720 (3,662,815) 6,245,532
Selling and marketing expenses 262,328 4,646,875 380,723
General and administrative expenses 2,731,596 3,513,236 3,140,824
Allowance for expected credit loss 8,330,357 2,795,662 1,307,518
Impairment loss 5,200,000 1,109,194
Research and development expenses 8,694,836
Total operating expenses 16,524,281 20,759,803 4,829,065
(LOSS) INCOME FROM OPERATIONS (13,643,561) (24,422,618) 1,416,467
Other income (expenses):      
Interest expenses, net (237,403) (216,558) (235,327)
Gain on disposal of subsidiaries 1,242,400
Other income (expenses), net 130,868 56,044 377,979
Total other income (expenses), net 1,135,865 (160,514) 142,652
(LOSS) INCOME BEFORE INCOME TAX PROVISION (12,507,696) (24,583,132) 1,559,119
PROVISION FOR INCOME TAXES 124,419 674,564 871,231
NET (LOSS) INCOME (12,632,115) (25,257,696) 687,888
Less: net loss attributable to non-controlling interests (224,988) (927,281) (100,070)
NET (LOSS) INCOME ATTRIBUTABLE TO POP CULTURE GROUP CO., LTD SHAREHOLDERS (12,407,127) (24,330,415) 787,958
Other comprehensive income (loss):      
Foreign currency translation adjustment (63,684) (1,674,640) (873,803)
COMPREHENSIVE LOSS (12,695,799) (26,932,336) (185,915)
Less: comprehensive loss attributable to non-controlling interest (227,930) (888,030) (100,070)
COMPREHENSIVE LOSS ATTRIBUTABLE TO POP CULTURE GROUP CO., LTD SHAREHOLDERS $ (12,467,869) $ (26,044,306) $ (85,845)
Net (loss) income per share      
Basic (in Dollars per share) $ (4.32) $ (10.1) $ 0.4
Diluted (in Dollars per share) $ (4.32) $ (10.1) $ 0.4
Weighted average shares used in calculating net income per share*      
Basic (in Shares) [1] 2,873,764 2,405,001 2,095,000
Diluted (in Shares) [1] 2,873,764 2,405,001 2,095,000
Event hosting      
REVENUE, NET $ 4,094,200 $ 4,348,303 $ 14,711,787
Event planning and execution      
REVENUE, NET 3,396,661 4,132,477 8,420,328
Brand promotion      
REVENUE, NET 39,611,817 9,650,274 8,733,764
Other revenue      
REVENUE, NET $ 279,240 $ 412,189 $ 415,664
[1] Retroactively restated to reflect 1-for-10 share consolidation effective on October 26, 2023