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Consolidated Statement of Cash Flows
12 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2025
SGD ($)
Jun. 30, 2024
SGD ($)
Cash flows from operating activities      
(Loss)/Profit before tax $ (8,690,598) $ (11,053,571) $ 2,404,561
Adjustments for:      
Bad debts written off 473,515 602,264
Reversal of estimated credit losses (55,741)
Provision for estimated credit losses 217,863 277,101 50,168
Depreciation of property and equipment 84,644 107,659 30,093
Amortisation of right-of-use assets 843,989 1,073,469 498,635
Fixed asset written off 162,188 206,287
Impairment loss on goodwill 8,136,844 10,349,252
Interest expense 160,349 203,948 176,238
Operating cash flows before changes in working capital 1,388,794 1,766,409 3,103,954
Changes in working capital:      
Inventories (239,218) (304,262) 22,571
Trade and other receivables (6,830,279) (8,687,432) (415,080)
Trade and other payables 3,171,245 4,033,506 387,690
Cash (used in)/ generated from operations (2,509,458) (3,191,779) 3,099,135
Interest paid (509,704) (648,293) (176,238)
Income tax paid (160,349) (203,948) (413,612)
Net cash (used in)/generated from operating activities (3,179,511) (4,044,020) 2,509,285
Cash flows from investing activities      
Acquisition of property and equipment (437,880) (556,940) (7,920)
Acquisition of subsidiary (8,129,531) (10,339,950)
Cash provided by/ (used in) investing activities (8,567,411) (10,896,890) (7,920)
Cash flows from financing activities      
Deferred offering costs 1,223,543 1,556,226 (1,588,024)
Decrease in amount due from a director 1,320,457
Increase in amount due to related parties 109,218 138,915 1,311,390
Decrease/(Increase) in amount due from related parties 8,300,370 10,557,240 (73)
Proceeds from borrowings 3,144,901 4,000,000
Payment of principal portion of lease liabilities (1,039,075) (1,321,600) (566,039)
Write off of Right-of-use assets 144,033 183,195
Repayment of borrowings (6,495,235) (8,261,290) (2,356,930)
(Decrease)/Increase in amount due to former director (87,632) (111,459) 111,459
Non-controlling interest contributions 2,751 3,499
Share issuance 7,668,358 9,753,384
Net cash generated from/(used in) financing activities 12,971,232 16,498,110 (1,767,760)
Net increase/(decrease) in cash and cash equivalents 1,224,310 1,557,200 733,605
Cash and cash equivalents at beginning of financial period 1,533,967 1,951,053 1,217,448
Effects of currency translation on cash and cash equivalents (364,641) (463,787)
Cash and cash equivalents at end of financial year $ 2,393,636 $ 3,044,466 $ 1,951,053