ATIF Holdings Ltd
Business
ATIF Holdings Limited is a business consulting company providing going public and financial advisory services to small and medium-sized enterprises. The company offers comprehensive consulting services across three phases—evaluation and planning, detailed going public planning, and post-filing support—to help clients become publicly listed companies. ATIF serves clients primarily in Hong Kong, the United States, and Mexico, with recent expansion into Bitcoin purchasing and mining operations.
Summary from 20-F filed 2025-12-09
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|
| Revenues | 620,000 | 2 | 2 | 936,935 | |
| Selling expenses | 333,500 | 207,238 | 569,529 | 439,174 | |
| General and administrative expenses | 2 | 2 | 3 | 3 | |
| (Reversal of provision) provision against accounts receivable due from a related party | −19,103 | 762,000 | — | — | |
| Total operating expenses | 3 | 3 | 3 | 3 | |
| Loss from operations | −2 | −760,864 | −2 | −2 | |
| Interest income, net | 26 | 1,874 | — | — | |
| Other (expenses) income, net | −846,871 | 314,518 | −123,296 | −84,194 | |
| Provision against due from buyers of LGC | — | −3 | — | — | |
| (Loss) gain from investment in trading securities | −381,370 | 192,102 | — | — | |
| Gain from disposal of subsidiaries and VIE | — | 56,038 | — | — | |
| Total other expense, net | −1 | −2 | −1 | 47,564 | |
| Loss before income taxes | −3 | −3 | −3 | −2 | |
| Income tax provision | −3,300 | −31,200 | — | — | |
| Net loss and comprehensive loss | −3 | −3 | −3 | — | |
| Loss Per share basic (in Dollars per share) | −0.31 | −0.3 | −0.31 | −0.9 | |
| Loss Per share diluted (in Dollars per share) | −0.31 | −0.3 | −0.31 | −0.9 | |
| Basic (in Shares) | 10 | 10 | 10 | 9 | |
| Diluted (in Shares) | 10 | 10 | 10 | 9 |
Consolidated Balance Sheet
| Concept | Trend | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 1 | 606,022 | 2 | 6 | |
| Accounts receivable | — | 650,000 | — | — | |
| Deposits | 3,000 | 86,000 | — | — | |
| Investment in trading securities | 400,000 | 130,649 | — | — | |
| Prepaid expenses and other current assets | 122,224 | 429,570 | 651,210 | 688,451 | |
| Total current assets | 3 | 3 | 6 | 10 | |
| Property and equipment, net | 60,047 | 93,637 | 272,700 | 572,027 | |
| Intangible assets, net | — | 73,331 | 153,331 | — | |
| Right-of- use assets, net | 53,793 | 1 | 1 | 745,125 | |
| TOTAL ASSETS | 3 | 4 | 8 | 11 | |
| Accounts payable, accrued expenses and other current liabilities | 957,057 | 293,140 | 2 | — | |
| Deferred revenue | — | 70,000 | 90,785 | 370,948 | |
| Taxes payable | 19,985 | 31,200 | — | 58,017 | |
| Operating lease liabilities, current | 11,375 | 415,411 | 433,061 | 382,298 | |
| Total current liabilities | 1 | 2 | 3 | 1 | |
| Operating lease liabilities, noncurrent | 20,417 | 689,498 | 985,249 | 387,307 | |
| Long-term payable | 250,000 | — | — | — | |
| TOTAL LIABILITIES | 1 | 2 | 4 | 2 | |
| Commitments | — | — | — | — | |
| Ordinary shares, $0.001 par value, 100,000,000,000 shares authorized, 11,917,452 shares and 9,627,452 shares issued and outstanding as of July 31, 2024 and 2023, respectively | 11,917 | 9,627 | 9,627 | 9,161 | |
| Additional paid-in capital | 33 | 29 | 29 | — | |
| Accumulated deficit | −31 | −28 | −25 | −22 | |
| Total Shareholders Equity | 2 | 2 | 4 | 10 | |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 3 | 4 | 8 | 11 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|
| Depreciation and amortization | 112,009 | 138,805 | 158,605 | 208,956 | |
| Amortization of right-of-use assets | 273,367 | 434,135 | 424,400 | — | |
| Loss from early termination of an operating lease | 7,690 | — | — | — | |
| Loss from disposal of property and equipment | — | 49,702 | 39,313 | — | |
| Loss (gain) from investment in trading securities | 381,370 | −192,102 | — | — | |
| Loss from disposal of a subsidiary | — | 69,045 | — | — | |
| Accounts receivable | 650,000 | −650,000 | — | — | |
| Accounts receivable a related party | 400,000 | −600,000 | −762,000 | — | |
| Deposits | 83,000 | 55,000 | 93,668 | 133,848 | |
| Prepaid expenses and other current assets | 309,636 | 221,644 | 37,241 | 11,922 | |
| Deferred revenue | −70,000 | −20,785 | — | — | |
| Taxes payable | −11,215 | 31,200 | −55,809 | −643,789 | |
| Accounts payable, accrued expenses and other current liabilities | 1 | −2 | 2 | 28,412 | |
| Lease liabilities | −349,145 | −422,894 | −414,036 | −505,372 | |
| Net cash used in operating activities | −100,000 | −2 | −100,000 | −3 | |
| Purchase of property and equipment | −5,086 | −1,444 | −101,950 | −106,505 | |
| Proceeds from disposal of property and equipment | — | 72,000 | 283,359 | — | |
| Payment for investment in trading securities | −674,869 | — | — | — | |
| Proceeds from redemption of trading securities | — | 94,799 | — | — | |
| Proceeds from disposal of investment in an equity investee | — | 335,000 | — | — | |
| Loans to a related party | — | −100,000 | — | — | |
| Prepayment made to a related party | −900,000 | — | — | — | |
| Collection of loans from a related party | — | 59,461 | — | — | |
| Net cash (used in) provided by investing activities | −2 | 459,816 | −2 | 861,921 | |
| Borrowings from a related party | — | 729,968 | — | — | |
| Proceeds from issuance of ordinary shares pursuant to a private placement | 2 | — | — | 3 | |
| Net cash provided by financing activities | 2 | 729,968 | −2 | 7 | |
| Net increase (decrease) in cash | 643,354 | −1 | — | — | |
| Cash paid for interest expenses | — | — | — | — | |
| Cash paid for income tax | 14,515 | — | — | — | |
| Right-of-use assets obtained in exchange for operating lease obligations | 67,571 | 109,492 | 1 | 807,531 | |
| Issuance of ordinary shares to settle payroll payable due to a management | 349,875 | — | — | — | |
| Waive of liabilities by a related party | 712,258 | — | — | — | |
| Disposal of right-of-use assets with decrease of operating lease obligations | 799,232 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ATIF Holdings Ltd's CIK number?
ATIF Holdings Ltd's SEC CIK number is 0001755058 (1755058). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ATIF Holdings Ltd's SEC filings?
All of ATIF Holdings Ltd's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ATIF Holdings Ltd last report earnings?
ATIF Holdings Ltd (AUC) most recently filed an earnings 8-K with the SEC on Mar 24, 2023, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-23-022807). This is ATIF Holdings Ltd's most recent earnings filing of record — not a forecast of its next earnings date.
What is ATIF Holdings Ltd's most recent earnings 8-K?
ATIF Holdings Ltd's latest earnings 8-K (Item 2.02) was filed Mar 24, 2023 under accession 0001213900-23-022807. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ATIF Holdings Ltd's latest earnings 8-K →
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