Flywheel Advanced Technology (FWFW) 10-Q/A 4 Sep 24 2024 Q3 Quarterly report (amended) Financial data

Cover

Cover - shares	9 Months Ended
	Jun. 30, 2024	Aug. 19, 2024
Cover [Abstract]
Document Type	10-Q/A
Amendment Flag	true
Amendment Description	This Amendment No. 1 (the “Amendment”) to the Quarterly Report on Form 10-Q of Flywheel Advanced Technology, Inc. (the “Company”) for the quarter ended June 30, 2024, originally filed with the Securities and Exchange Commission on August 19, 2024 (the “Original Form 10-Q”), is being filed solely to correct an inadvertent error in checking the “No” box instead of the “Yes” box” on the cover page regarding the shell status of the Company. No other changes have been made to the Original Form 10-Q. The Amendment to the Form 10-Q speaks as of the original filing date of the Original Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the Original Form 10-Q. The Company is also filing currently dated certifications of our Chief Executive Officer and Chief Financial Officer (Exhibits 31.1 and 32.1), as required under Sections 302 and 906 of the Sarbanes-Oxley Act of 2002.
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--09-30
Entity File Number	333-167130
Entity Registrant Name	FLYWHEEL ADVANCED TECHNOLOGY, INC.
Entity Central Index Key	0001492617
Entity Tax Identification Number	27-2473958
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	123 West Nye Lane
Entity Address, Address Line Two	Suite 455
Entity Address, City or Town	Carson City
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89706
City Area Code	852
Local Phone Number	6686-0563
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	true
Entity Common Stock, Shares Outstanding		25,591,164

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2024	Sep. 30, 2023
CURRENT ASSETS
Prepaid expenses and other current assets	$ 5,806	$ 3,667
Assets held for sale	4,773,194	4,620,124
TOTAL ASSETS	4,779,000	4,623,791
CURRENT LIABILITIES
Accrued expenses and other current liabilities	93,949	54,894
Liabilities held for sale	1,278,183	1,257,681
Total current liabilities	2,112,384	1,769,541
Total Liabilities	2,112,384	1,769,541
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Common stock, $0.0001 par value 550,000,000, shares authorized, 29,662,164 shares issued and outstanding as of June 30, 2024 and September 30, 2023	2,966	2,966
Paid in Capital	6,677,222	6,677,222
Accumulated other comprehensive income/(loss)	4,181	(2,691)
Accumulated deficit	(4,017,753)	(3,823,247)
Total Stockholders’ Equity	2,666,616	2,854,250
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	4,779,000	4,623,791
Related Party [Member]
CURRENT LIABILITIES
Due to related parties	$ 740,252	$ 456,966

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2024	Sep. 30, 2023
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	550,000,000	550,000,000
Common stock, shares issued	29,662,164	29,662,164
Common stock, shares outstanding	29,662,164	29,662,164

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
REVENUE, NET
OPERATING EXPENSES
Professional fees	103,650	112,895	316,387	1,232,779
General and administrative	1,426	2,587	3,818	12,821
Total Operating Expenses	105,076	115,482	320,205	1,245,600
OPERATING LOSS	(105,076)	(115,482)	(320,205)	(1,245,600)
LOSS BEFORE INCOME TAXES	(105,076)	(115,482)	(320,205)	(1,245,600)
Income taxes
NET LOSS FROM CONTINUING OPERATIONS	(105,076)	(115,482)	(320,205)	(1,245,600)
PROFIT/(LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX	67,213	(120,006)	125,699	(335,021)
NET LOSS	(37,863)	(235,488)	(194,506)	(1,580,621)
OTHER COMPREHENSIVE INCOME
Foreign currency translation gain	3,873	763	6,872	441
COMPREHENSIVE LOSS	$ (33,990)	$ (234,725)	$ (187,634)	$ (1,580,180)
Net loss from continuing operations per share - basic	$ 0	$ 0	$ (0.01)	$ (0.05)
Net loss from continuing operations per share - diluted	0	0	(0.01)	(0.05)
Net loss per share - basic	0	(0.01)	(0.01)	(0.06)
Net loss per share - diluted	$ 0	$ (0.01)	$ (0.01)	$ (0.06)
Weighted average number of shares outstanding basic	29,662,164	27,941,285	29,662,164	25,621,646
Weighted average number of shares outstanding diluted	29,662,164	27,941,285	29,662,164	25,621,646

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Change in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Sep. 30, 2022	$ 1,782	$ 2,534,546		$ (2,740,458)	$ (204,130)
Balance, shares at Sep. 30, 2022	17,822,564
Net loss				(25,832)	(25,832)
Balance at Dec. 31, 2022	$ 1,782	2,534,546		(2,766,290)	(229,962)
Balance, shares at Dec. 31, 2022	17,822,564
Balance at Sep. 30, 2022	$ 1,782	2,534,546		(2,740,458)	(204,130)
Balance, shares at Sep. 30, 2022	17,822,564
Net loss					(1,580,621)
Balance at Jun. 30, 2023	$ 2,966	6,677,222	441	(4,321,079)	2,359,550
Balance, shares at Jun. 30, 2023	29,662,164
Balance at Dec. 31, 2022	$ 1,782	2,534,546		(2,766,290)	(229,962)
Balance, shares at Dec. 31, 2022	17,822,564
Exchange difference on translation			(322)		(322)
Net loss				$ (1,319,301)	$ (1,319,301)
Issuance of common stock for acquisition	894	3,127,966			3,128,860
Issuance of common stock for acquisition, shares	$ 8,939,600
Balance at Mar. 31, 2023	$ 2,676	$ 5,662,512	$ (322)	$ (4,085,591)	$ 1,579,275
Balance, shares at Mar. 31, 2023	26,762,164
Exchange difference on translation			763		763
Net loss				(235,488)	(235,488)
Issuance of common stock	$ 290	1,014,710			1,015,000
Issuance of common stock, shares	2,900,000
Balance at Jun. 30, 2023	$ 2,966	6,677,222	441	(4,321,079)	2,359,550
Balance, shares at Jun. 30, 2023	29,662,164
Balance at Sep. 30, 2023	$ 2,966	6,677,222	(2,691)	(3,823,247)	2,854,250
Balance, shares at Sep. 30, 2023	29,662,164
Exchange difference on translation			8,543		8,543
Net loss				(88,310)	(88,310)
Balance at Dec. 31, 2023	$ 2,966	6,677,222	5,852	(3,911,557)	2,774,483
Balance, shares at Dec. 31, 2023	29,662,164
Balance at Sep. 30, 2023	$ 2,966	6,677,222	(2,691)	(3,823,247)	2,854,250
Balance, shares at Sep. 30, 2023	29,662,164
Net loss					(194,506)
Balance at Jun. 30, 2024	$ 2,966	6,677,222	4,181	(4,017,753)	2,666,616
Balance, shares at Jun. 30, 2024	29,662,164
Balance at Dec. 31, 2023	$ 2,966	6,677,222	5,852	(3,911,557)	2,774,483
Balance, shares at Dec. 31, 2023	29,662,164
Exchange difference on translation			(5,544)		(5,544)
Net loss				(68,333)	(68,333)
Balance at Mar. 31, 2024	$ 2,966	6,677,222	308	(3,979,890)	2,700,606
Balance, shares at Mar. 31, 2024	29,662,164
Exchange difference on translation			3,873		3,873
Net loss				(37,863)	(37,863)
Balance at Jun. 30, 2024	$ 2,966	$ 6,677,222	$ 4,181	$ (4,017,753)	$ 2,666,616
Balance, shares at Jun. 30, 2024	29,662,164

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (194,506)	$ (1,580,621)
Adjusted to reconcile net loss to cash provided by (used in) operating activities:
Amortization	51,653	9,280
Depreciation	3,779
Lease amortization	35,026	11,847
Allowance of expected credit losses	736,141	267,698
Reversal of allowance of expected credit losses	(165,477)
Deferred income taxes	(102,071)	(50,271)
Increase/(decrease) in:
Prepaid expenses and other current assets	(2,138)	(341)
Assets held for sale	(1,017,030)	319,716
Accrued expenses and other current liabilities	39,056	1,020,936
Liabilities held for sale	(79,667)	(49,013)
Net cash used in operating activities	(695,234)	(50,769)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash acquired from purchase of a subsidiary		565,449
Advance to related parties	109
Purchase of property, plant and equipment	(7,600)
Net cash (used in)/provided by investing activities	(7,491)	565,449
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of borrowings	(81,605)	(26,519)
Advances from related party	318,568	225,005
Net cash provided by financing activities	236,963	198,486
NET (DECREASE)/INCREASE IN CASH AND EQUIVALENTS	(465,762)	713,166
EFFECT OF EXCHANGE RATES ON CASH	1,310	(209)
AT BEGINNING OF PERIOD	621,001
CASH AND EQUIVALENTS AT END OF PERIOD	156,549	712,957
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for income taxes	3,374	790
Cash paid for interest	$ 15,060

ORGANIZATION AND BUSINESS BACKG

ORGANIZATION AND BUSINESS BACKGROUND	9 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS BACKGROUND	NOTE- 1 ORGANIZATION AND BUSINESS BACKGROUND Flywheel Advanced Technology, Inc. (formerly known as Pan Global Corp.) (“the Company”) was incorporated in the state of Nevada on April 30, 2010. The Company had the following significant events: ● Stock Purchase Agreement (July 13, 2021) 10,000,000 0.0001 As a result, the Purchaser became approximately 90% holder of the voting rights of the issued and outstanding shares of the Company, on a fully diluted basis and became the controlling shareholder. ● Name Change (November 21, 2021) ● Reverse Stock Split (July 13, 2022) 1:100 reverse stock split 1:100 reverse stock split 1,551,550 155,155,000 ● Ticker Symbol Change (August 5, 2022) ● Issuance of Preferred Stock A-1 (September 15, 2022) 10,000,000 The Amendment was necessary as the terms of the Certificate of Designation for the Preferred Stock expressly provided that the conversion ratio of 162 shares of common stock for each share of Preferred Stock would not be reduced in the event of a stock split or other capitalization of the Company. ● The Company’s outstanding 10,000,000 1.62 16,200,000 ● Formation of Blue Print Global, Inc. (November 30, 2022) The Company holds 70% of Blue Print, and the balance is held by two individuals unrelated to the Company, with each party holding 15%. FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS ● Blue Print Agency Agreement (December 7, 2022) ● Share Exchange with QBS System Limited (December 15, 2022) 8,939,600 newly issued shares of the Company’s common stock, par value $ 0.0001 per share (the “Common Stock”). Following the closing of the share exchange, there will be no change in the officers and directors of the Company, and QBS System will continue its business as a wholly owned subsidiary of the Company. ● Common Stock Issuances (May 24, 2023) 1,450,000 shares of common stock to each of Sau Ping Leung and So Ha Tsang. Such shares were issued on May 24, 2023. These two individuals collectively hold 30% of Blue Print. ● Formation of Mega Fortune Company Limited and Ponte Fides Company Limited (January 30, 2024 and February 13, 2024) ● Transfer of QBS System Shares to Ponte Fides Company Limited (April 29, 2024) 100 ● Sale of QBS System, Ponte Fides, and Mega Fortune (July 5, 2024) 56,360,000 7,230,000 938 QBS System was incorporated in Hong Kong on April 14, 2011 with limited liability and its principal activities are providing Internet of Things (“IoT”) solutions and services across industries. Its IoT solutions help clients to build applications using available IoT device, sensors, framework and platform, to integrate the available hardware and software solution with clients’ existing landscape or implement a new IoT solution for enterprises. QBS System provides a full-range IoT services comprising consulting development and implementation, analytics, support, and evolution. It has a business portfolio providing IoT integration solution services, IoT maintenance, support services, IoT projects and ventures Business Process Outsourcing (“BPO”) services, and approximately years of experience in Hong Kong providing IoT software and hardware engineering services. Clients range across various industries, such as logistics and supply chain management, food and beverage, automation and smart building. The applications of QBS System’s IoT Solution include connected equipment in the enterprise (“Enterprise IoT”) and industrial assets such as machines, robots, or even workers in smart factories and industrial facilities (“Industrial IoT”, the essential component of Industry 4.0). QBS System formed a wholly owned subsidiary, QBS System Pty Ltd (“QBS System Pty”) in Australia on May 8, 2020 and its principal activities are providing computer network systems design and integration services. FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The Company’s subsidiaries are as follows as of June 30, 2024: SCHEDULE OF COMPANY SUBSIDIARIES Name of Corporation Date of Formation Ownership Description of Business Flywheel Advanced Technology, Inc. April 30, 2010 100 Parent Company (Nevada Corporation) Blue Print Global, Inc. November 30, 2022 85 Establish an operation to source the supply and sale of warehouse patrol robots (British Virgin Islands Corporation) QBS System Limited (Hong Kong Corporation) March 22, 2023 (date of acquisition) 100 Provision of IoT products and services Mega Fortune Company Limited January 30, 2024 100 Holding Company (Cayman Islands Corporation) Ponte Fides Company Limited February 13, 2024 100 Holding Company (British Virgin Islands Corporation) We use the terms “Company”, “we” and “us” to refer to both Flywheel Advanced Technology, Inc. and its subsidiaries.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (A) Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the Financial Accounting Standards Board (“FASB”) “FASB Accounting Standard Codification” (the “Codification”) which is the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of consolidated financial statements in conformity with generally accepted accounting principles (“GAAP”) in the United States. FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (B) Unaudited Interim Consolidated financial statements The accompanying interim unaudited condensed consolidated financial statements (“Interim Financial Statements”) of the Company and its wholly owned and majority owned subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States of America ( “GAAP” ) for interim financial information and are presented in accordance with the requirements of Form 10-Q and Regulation S-X. Accordingly, these Interim Financial Statements do not include all of the information and notes required by GAAP for complete financial statements. These Interim Financial Statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended September 30, 2023 included in the Company’s Form 10-K. In the opinion of management, the Interim Financial Statements included herein contain all adjustments, including normal recurring adjustments, considered necessary to present fairly the Company’s financial position, the results of operations and cash flows for the periods presented. The operating results and cash flows of the interim periods presented herein are not necessarily indicative of the results to be expected for any other interim period or the full year. Going Concern The accompanying unaudited interim financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these financial statements. As of June 30, 2024, the Company had no 4,017,753 Because the Company does not expect that existing operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing. Recently the Company being funded by our related company, Flywheel Financial Strategy (Hong Kong) Company Limited, who has extended interest-free demand loans to the Company. There can be no assurances that our related company will continue to fund the Company, or that the Company can obtain any other sources of financing. (C) Principles of Consolidation The accompanying Unaudited Condensed consolidated financial statements are presented using the accrual basis of accounting and include the Company and its wholly owned and majority owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. (D) Use of estimates The preparation of unaudited condensed consolidated financial statements in accordance with the U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements. Significant items subject to such estimates and assumptions include the useful lives of property, plant and equipment, revenue recognition, allowance for credit losses, the measurement of lease liabilities and right-of-use (“ROU”) assets, measurements of assets and obligations related to employee benefits, the nature and timing of the satisfaction of performance obligations, the standalone selling price of performance obligations, variable consideration, other obligations for revenue recognition, and other contingencies. Management believes the estimates used in the preparation of the Unaudited Condensed consolidated financial statements are reasonable, and management has made assumptions about the possible effects of the ongoing COVID-19 pandemic on critical and significant accounting estimates. Although these estimates and assumptions are based upon management’s best knowledge of current events and actions, actual results could differ from these estimates. Any changes in estimates are adjusted prospectively in the Company’s unaudited condensed consolidated financial statements. FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (E) Foreign currency translation The Company’s consolidated financial statements are reported in United States dollars (“US$”), the Company’s reporting currency, also the functional currency. The functional currency for the Company’s subsidiary organized in Hong Kong is Hong Kong dollars (“HK$”). The functional currency for the Company’s subsidiary organized in Australian is Australian dollars (“A$”). The translation of the functional currencies of the Company’s subsidiaries into US$ is performed for balance sheet accounts using the exchange rates in effect as of the balance sheet date and for revenues and expense accounts using a monthly average exchange rate prevailing during the respective period. The gains or losses resulting from such translation are reported as currency translation adjustments under other comprehensive income (loss), net, under accumulated other comprehensive income (loss) as a separate component of equity. Monetary assets and liabilities of the Company and its subsidiary denominated in currencies other than the functional currency of the Company and subsidiary are translated into their respective functional currency at the rates of exchange prevailing on the balance sheet date. Transactions of the Company and its subsidiary in currencies other than the Company’s and the Subsidiary’s functional currencies are translated into the respective functional currencies at the average monthly exchange rate prevailing during the period of the transaction. The gains or losses resulting from foreign currency transactions are included in the consolidated statements of income. The exchange rates used to translate amounts in HK$ and A$ into US$ for the purposes of preparing the consolidated financial statements were as follows: SCHEDULE OF EXCHANGE RATES June 30, 2024 September 30, 2023 Balance sheet items, except for common stock, additional paid-in capital and retained earnings, as of period end US$1=HK$ 7.81047 US$1=HK$ 7.82996 US$1=A$ 1.50501 US$1=A$ 1.55615 For the Three Months Ended June 30, 2024 2023 Amounts included in the statements of operations and cash flows for the period US$1=HK$ 7.81760 US$1=HK$ 7.84901 US$1=A$ 1.51669 US$1=A$ 1.49816 For the nine months Ended June 30, 2024 2023 Amounts included in the statements of operations and cash flows for the period US$1=HK$ 7.81742 US$1=HK$ 7.84901 US$1=A$ 1.52416 US$1=A$1.49816 FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (F) Other comprehensive (loss)/income The foreign currency translation gain or loss resulting from translation of the financial statements expressed in HK$ and AU$ to US$ is reported as other comprehensive income or loss in the statements of operations and stockholders’ equity. (G) Earning per share Basic earnings(loss) per share are computed by dividing income available to stockholders by the weighted average number of shares outstanding during the period. Diluted income per share is computed like basic income per share except that the denominator is increased to include the number of additional shares that would have been outstanding if the potential shares had been issued and if the additional shares were diluted. There were no potentially dilutive securities for 2024 and 2023. (H) Commitments and contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties, and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment and/or remediation can be reasonably estimated. Legal costs incurred in connection with such liabilities are expensed as incurred. (I) Recently Issued Accounting Standards The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our financial statements.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	NOTE 3 – DISCONTINUED OPERATIONS On July 5, 2024, the Company and Mega Fortune, its wholly-owned subsidiary, completed the sale (the “Mega Fortune Disposition”) to Mericorn Company Limited (the “Buyer”), of all of the equity associated with Mega Fortune, which is comprised of the Company’s subsidiaries, Ponte Fides, QBS System and QBS System Pty, pursuant to a Share Purchase Agreement, dated as of July 5, 2024. Mega Fortune and its subsidiaries are engaged in the business of provision of IoT maintenance and support services, IoT BPO services and IoT development services in Hong Kong and Australia. Under the terms of the Share Purchase Agreement, the Buyer paid HK$ 56,360,000 7,230,000 938 FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The carrying amounts of the assets and liabilities of the three reportable segments were classified as held for sale in our unaudited condensed consolidated balance sheets as of June 30, 2024. The asset and liability balances as of June 30, 2024 were classified as current as we anticipated the sale of these assets and liabilities within a one year period. The carrying amounts were as follows: Schedule of Disclosure of Long Lived Assets Held for sale June 30, September 30, 2024 2023 (Unaudited) (Audited) Cash and cash equivalents $ 156,549 $ 621,001 Accounts receivable, net of allowances 1,878,641 1,431,201 Due from related parties 120,375 116,419 Prepaid expenses and other current assets 392,946 389,075 Deferred tax assets 116,169 22,481 Total current assets held for sale 2,664,680 2,580,177 Property and equipment, net 10,380 6,783 Goodwill 1,840,202 1,840,202 Acquisition-related intangibles 107,828 159,481 Right-of-use assets 150,104 33,481 Total assets held for sale $ 4,773,194 $ 4,620,124 Bank loans - current portion $ 112,424 $ 104,608 Accounts payable 36,467 78,064 Accrued expenses and other current liabilities 113,515 115,195 Due to related parties 401,286 365,061 Operating lease liabilities 48,985 37,789 Income tax payable 50,707 46,699 Total current liabilities for sale 763,384 747,416 Bank loans 395,926 483,950 Operating lease liabilities 101,081 - Deferred tax liabilities – arise from fair value gain 17,792 26,315 Total liabilities for sale $ 1,278,183 $ 1,257,681 FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Summarized results of discontinued operations for the three reportable segments are as follows: Schedule of Discontinued Operations 2024 2023 2024 2023 For the Three Months Ended For the nine months Ended June 30, June 30, 2024 2023 2024 2023 Revenue, net $ 885,644 $ 579,691 $ 2,855,898 $ 616,326 Cost of revenue (454,259 ) (444,823 ) (1,526,469 ) (533,964 ) Operating expenses (480,747 ) (333,629 ) (1,527,988 ) (520,715 ) Other income 84,651 58,435 244,105 58,449 Interest (expenses) income, net (4,775 ) (5,400 ) (14,906 ) (5,388 ) Profit/ (l oss) 30,514 (145,726 ) 30,640 (385,292 ) Income taxes 36,699 25,720 95,059 50,271 Profit/ (l oss) $ 67,213 $ (120,006 ) $ 125,699 $ (335,021 ) Summarized cash flow information for the three reportable segments discontinued operations are as follows: Schedule of Cash Flow Information 2024 2023 Nine Months Ended June 30, 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Amortization $ 51,653 $ 9,280 Depreciation 3,779 - Lease amortization 35,026 11,847 Allowance of expected credit losses 736,141 267,698 Reversal of allowance of expected credit losses (165,477 ) - Deferred income taxes (102,071 ) (50,271 ) (Increase)/decrease in accounts receivable (1,014,137 ) 319,509 Increase in prepaid expenses and other current assets (2,893 ) 207 Cash (used in)/from assets held for sale (1,017,030 ) 319,716 Decrease in accounts payable (41,755 ) (77,340 ) Decrease in operating lease liabilities (39,622 ) (12,894 ) Increase in accrued expenses and other current liabilities (2,940 ) 40,431 (Decrease)/increase in income tax payable 4,650 790 Cash used in liabilities held for sale $ (79,667 ) $ (49,013 ) CASH FLOWS FROM INVESTING ACTIVITIES Cash acquired from purchase of a subsidiary $ - $ 565,449 Advance to related parties 109 - Purchase of property, plant and equipment $ (7,600 ) $ - CASH FLOWS FROM FINANCING ACTIVITIES Repayment of borrowings $ (81,605 ) $ (26,519 ) Advances from related party $ 35,282 $ - FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4 - RELATED PARTY TRANSACTIONS The Company owed a related company, Flywheel Financial Strategy (Hong Kong) Company Limited of $ 740,252 $ 456,966

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 5 - SUBSEQUENT EVENTS The Company has evaluated subsequent events occurring through the date these financial statements were issued, for their potential impact on the carve-out consolidated financial statements and disclosures and there were the following subsequent events to report: On July 5, 2024, the Company entered into a share purchase agreement (the “Share Purchase Agreement”) with Mericorn Company Limited (“Buyer”), to sell all of the equity associated with the Company’s wholly owned subsidiary, Mega Fortune, which is comprised of the Company’s subsidiaries, Ponte Fides, QBS System and QBS System Pty at consideration of HK$ 56,360,000 7,230,000 938 9.38 On July 30, 2024, Tang Siu Fung notified the Company of his resignation from all his positions with the Company, including sole director, Chief Executive Officer and President, effective as of the close of business on July 30, 2024. In connection with his resignation as Chief Executive Officer and President, Mr. Tang was removed as “Principal Executive Officer”, “Principal Financial Officer” and “Principal Accounting Officer” of the Company for Securities and Exchange Commission (“SEC”) reporting purposes. On July 30, 2024, the Company appointed Luk Yuen Leung as President, Chief Executive Officer and Chairman of the Board of Directors, effective as of the close of business on July 30, 2024. Mr. Leung was also appointed to serve until his successor has been duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer and or director of the Company. In connection with his appointment as Chief Executive Officer and President, Mr. Leung was designated as the Company’s “Principal Executive Officer”, “Principal Financial Officer” and “Principal Accounting Officer” for SEC reporting purposes. On August 2, 2024, Cheng Sin Yi notified the Company of her resignation from all her positions with the Company, including Secretary and Treasurer, effective as of the close of business on August 2, 2024. Ms. Cheng’s resignation does not arise from any disagreement with the Company on any matter relating to its operations, policies, or practices. On August 4, 2024, the Company appointed Luk Yuen Leung as Treasurer and Secretary of the Company, effective immediately, to serve until his successor has been duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer of the Company. On August 5, 2024, Tang Siu Fung notified Blue Print of his resignation as the sole director of Blue Print. The resignation of Mr. Tang does not arise from any disagreement with the Company on any matter relating to its operations, policies, or practices. On same date, Blue Print appointed Luk Yuen Leung as a director and an officer of Blue Print, effective immediately. Mr. Luk is appointed to serve until his successor has been duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer and or director of Blue Print.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	(A) Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the Financial Accounting Standards Board (“FASB”) “FASB Accounting Standard Codification” (the “Codification”) which is the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of consolidated financial statements in conformity with generally accepted accounting principles (“GAAP”) in the United States. FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
Unaudited Interim Consolidated financial statements	(B) Unaudited Interim Consolidated financial statements The accompanying interim unaudited condensed consolidated financial statements (“Interim Financial Statements”) of the Company and its wholly owned and majority owned subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States of America ( “GAAP” ) for interim financial information and are presented in accordance with the requirements of Form 10-Q and Regulation S-X. Accordingly, these Interim Financial Statements do not include all of the information and notes required by GAAP for complete financial statements. These Interim Financial Statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended September 30, 2023 included in the Company’s Form 10-K. In the opinion of management, the Interim Financial Statements included herein contain all adjustments, including normal recurring adjustments, considered necessary to present fairly the Company’s financial position, the results of operations and cash flows for the periods presented. The operating results and cash flows of the interim periods presented herein are not necessarily indicative of the results to be expected for any other interim period or the full year. Going Concern The accompanying unaudited interim financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these financial statements. As of June 30, 2024, the Company had no 4,017,753 Because the Company does not expect that existing operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing. Recently the Company being funded by our related company, Flywheel Financial Strategy (Hong Kong) Company Limited, who has extended interest-free demand loans to the Company. There can be no assurances that our related company will continue to fund the Company, or that the Company can obtain any other sources of financing.
Principles of Consolidation	(C) Principles of Consolidation The accompanying Unaudited Condensed consolidated financial statements are presented using the accrual basis of accounting and include the Company and its wholly owned and majority owned subsidiaries. All significant intercompany accounts and transactions have been eliminated.
Use of estimates	(D) Use of estimates The preparation of unaudited condensed consolidated financial statements in accordance with the U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements. Significant items subject to such estimates and assumptions include the useful lives of property, plant and equipment, revenue recognition, allowance for credit losses, the measurement of lease liabilities and right-of-use (“ROU”) assets, measurements of assets and obligations related to employee benefits, the nature and timing of the satisfaction of performance obligations, the standalone selling price of performance obligations, variable consideration, other obligations for revenue recognition, and other contingencies. Management believes the estimates used in the preparation of the Unaudited Condensed consolidated financial statements are reasonable, and management has made assumptions about the possible effects of the ongoing COVID-19 pandemic on critical and significant accounting estimates. Although these estimates and assumptions are based upon management’s best knowledge of current events and actions, actual results could differ from these estimates. Any changes in estimates are adjusted prospectively in the Company’s unaudited condensed consolidated financial statements. FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
Foreign currency translation	(E) Foreign currency translation The Company’s consolidated financial statements are reported in United States dollars (“US$”), the Company’s reporting currency, also the functional currency. The functional currency for the Company’s subsidiary organized in Hong Kong is Hong Kong dollars (“HK$”). The functional currency for the Company’s subsidiary organized in Australian is Australian dollars (“A$”). The translation of the functional currencies of the Company’s subsidiaries into US$ is performed for balance sheet accounts using the exchange rates in effect as of the balance sheet date and for revenues and expense accounts using a monthly average exchange rate prevailing during the respective period. The gains or losses resulting from such translation are reported as currency translation adjustments under other comprehensive income (loss), net, under accumulated other comprehensive income (loss) as a separate component of equity. Monetary assets and liabilities of the Company and its subsidiary denominated in currencies other than the functional currency of the Company and subsidiary are translated into their respective functional currency at the rates of exchange prevailing on the balance sheet date. Transactions of the Company and its subsidiary in currencies other than the Company’s and the Subsidiary’s functional currencies are translated into the respective functional currencies at the average monthly exchange rate prevailing during the period of the transaction. The gains or losses resulting from foreign currency transactions are included in the consolidated statements of income. The exchange rates used to translate amounts in HK$ and A$ into US$ for the purposes of preparing the consolidated financial statements were as follows: SCHEDULE OF EXCHANGE RATES June 30, 2024 September 30, 2023 Balance sheet items, except for common stock, additional paid-in capital and retained earnings, as of period end US$1=HK$ 7.81047 US$1=HK$ 7.82996 US$1=A$ 1.50501 US$1=A$ 1.55615 For the Three Months Ended June 30, 2024 2023 Amounts included in the statements of operations and cash flows for the period US$1=HK$ 7.81760 US$1=HK$ 7.84901 US$1=A$ 1.51669 US$1=A$ 1.49816 For the nine months Ended June 30, 2024 2023 Amounts included in the statements of operations and cash flows for the period US$1=HK$ 7.81742 US$1=HK$ 7.84901 US$1=A$ 1.52416 US$1=A$1.49816 FLYWHEEL ADVANCED TECHNOLOGY, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
Other comprehensive (loss)/income	(F) Other comprehensive (loss)/income The foreign currency translation gain or loss resulting from translation of the financial statements expressed in HK$ and AU$ to US$ is reported as other comprehensive income or loss in the statements of operations and stockholders’ equity.
Earning per share	(G) Earning per share Basic earnings(loss) per share are computed by dividing income available to stockholders by the weighted average number of shares outstanding during the period. Diluted income per share is computed like basic income per share except that the denominator is increased to include the number of additional shares that would have been outstanding if the potential shares had been issued and if the additional shares were diluted. There were no potentially dilutive securities for 2024 and 2023.
Commitments and contingencies	(H) Commitments and contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties, and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment and/or remediation can be reasonably estimated. Legal costs incurred in connection with such liabilities are expensed as incurred.
Recently Issued Accounting Standards	(I) Recently Issued Accounting Standards The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our financial statements.

ORGANIZATION AND BUSINESS BAC_2

ORGANIZATION AND BUSINESS BACKGROUND (Tables)	9 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SCHEDULE OF COMPANY SUBSIDIARIES	The Company’s subsidiaries are as follows as of June 30, 2024: SCHEDULE OF COMPANY SUBSIDIARIES Name of Corporation Date of Formation Ownership Description of Business Flywheel Advanced Technology, Inc. April 30, 2010 100 Parent Company (Nevada Corporation) Blue Print Global, Inc. November 30, 2022 85 Establish an operation to source the supply and sale of warehouse patrol robots (British Virgin Islands Corporation) QBS System Limited (Hong Kong Corporation) March 22, 2023 (date of acquisition) 100 Provision of IoT products and services Mega Fortune Company Limited January 30, 2024 100 Holding Company (Cayman Islands Corporation) Ponte Fides Company Limited February 13, 2024 100 Holding Company (British Virgin Islands Corporation)

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
SCHEDULE OF EXCHANGE RATES	The exchange rates used to translate amounts in HK$ and A$ into US$ for the purposes of preparing the consolidated financial statements were as follows: SCHEDULE OF EXCHANGE RATES June 30, 2024 September 30, 2023 Balance sheet items, except for common stock, additional paid-in capital and retained earnings, as of period end US$1=HK$ 7.81047 US$1=HK$ 7.82996 US$1=A$ 1.50501 US$1=A$ 1.55615 For the Three Months Ended June 30, 2024 2023 Amounts included in the statements of operations and cash flows for the period US$1=HK$ 7.81760 US$1=HK$ 7.84901 US$1=A$ 1.51669 US$1=A$ 1.49816 For the nine months Ended June 30, 2024 2023 Amounts included in the statements of operations and cash flows for the period US$1=HK$ 7.81742 US$1=HK$ 7.84901 US$1=A$ 1.52416 US$1=A$1.49816

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disclosure of Long Lived Assets Held for sale	The carrying amounts of the assets and liabilities of the three reportable segments were classified as held for sale in our unaudited condensed consolidated balance sheets as of June 30, 2024. The asset and liability balances as of June 30, 2024 were classified as current as we anticipated the sale of these assets and liabilities within a one year period. The carrying amounts were as follows: Schedule of Disclosure of Long Lived Assets Held for sale June 30, September 30, 2024 2023 (Unaudited) (Audited) Cash and cash equivalents $ 156,549 $ 621,001 Accounts receivable, net of allowances 1,878,641 1,431,201 Due from related parties 120,375 116,419 Prepaid expenses and other current assets 392,946 389,075 Deferred tax assets 116,169 22,481 Total current assets held for sale 2,664,680 2,580,177 Property and equipment, net 10,380 6,783 Goodwill 1,840,202 1,840,202 Acquisition-related intangibles 107,828 159,481 Right-of-use assets 150,104 33,481 Total assets held for sale $ 4,773,194 $ 4,620,124 Bank loans - current portion $ 112,424 $ 104,608 Accounts payable 36,467 78,064 Accrued expenses and other current liabilities 113,515 115,195 Due to related parties 401,286 365,061 Operating lease liabilities 48,985 37,789 Income tax payable 50,707 46,699 Total current liabilities for sale 763,384 747,416 Bank loans 395,926 483,950 Operating lease liabilities 101,081 - Deferred tax liabilities – arise from fair value gain 17,792 26,315 Total liabilities for sale $ 1,278,183 $ 1,257,681
Schedule of Discontinued Operations	Summarized results of discontinued operations for the three reportable segments are as follows: Schedule of Discontinued Operations 2024 2023 2024 2023 For the Three Months Ended For the nine months Ended June 30, June 30, 2024 2023 2024 2023 Revenue, net $ 885,644 $ 579,691 $ 2,855,898 $ 616,326 Cost of revenue (454,259 ) (444,823 ) (1,526,469 ) (533,964 ) Operating expenses (480,747 ) (333,629 ) (1,527,988 ) (520,715 ) Other income 84,651 58,435 244,105 58,449 Interest (expenses) income, net (4,775 ) (5,400 ) (14,906 ) (5,388 ) Profit/ (l oss) 30,514 (145,726 ) 30,640 (385,292 ) Income taxes 36,699 25,720 95,059 50,271 Profit/ (l oss) $ 67,213 $ (120,006 ) $ 125,699 $ (335,021 )
Schedule of Cash Flow Information	Summarized cash flow information for the three reportable segments discontinued operations are as follows: Schedule of Cash Flow Information 2024 2023 Nine Months Ended June 30, 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Amortization $ 51,653 $ 9,280 Depreciation 3,779 - Lease amortization 35,026 11,847 Allowance of expected credit losses 736,141 267,698 Reversal of allowance of expected credit losses (165,477 ) - Deferred income taxes (102,071 ) (50,271 ) (Increase)/decrease in accounts receivable (1,014,137 ) 319,509 Increase in prepaid expenses and other current assets (2,893 ) 207 Cash (used in)/from assets held for sale (1,017,030 ) 319,716 Decrease in accounts payable (41,755 ) (77,340 ) Decrease in operating lease liabilities (39,622 ) (12,894 ) Increase in accrued expenses and other current liabilities (2,940 ) 40,431 (Decrease)/increase in income tax payable 4,650 790 Cash used in liabilities held for sale $ (79,667 ) $ (49,013 ) CASH FLOWS FROM INVESTING ACTIVITIES Cash acquired from purchase of a subsidiary $ - $ 565,449 Advance to related parties 109 - Purchase of property, plant and equipment $ (7,600 ) $ - CASH FLOWS FROM FINANCING ACTIVITIES Repayment of borrowings $ (81,605 ) $ (26,519 ) Advances from related party $ 35,282 $ -

SCHEDULE OF COMPANY SUBSIDIARIE

SCHEDULE OF COMPANY SUBSIDIARIES (Details)	9 Months Ended
	Jun. 30, 2024
Flywheel Advanced Technology, Inc [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Date of Formation	Apr. 30, 2010
Ownership percentage	100%
Description of business	Parent Company
Blue Print Global, Inc [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Date of Formation	Nov. 30, 2022
Ownership percentage	85%
Description of business	Establish an operation to source the supply and sale of warehouse patrol robots
QBS System Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Date of Formation	Mar. 22, 2023
Ownership percentage	100%
Description of business	Provision of IoT products and services
Mega Fortune Company Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Date of Formation	Jan. 30, 2024
Ownership percentage	100%
Description of business	Holding Company
Ponte Fides Company Limited [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Date of Formation	Feb. 13, 2024
Ownership percentage	100%
Description of business	Holding Company

ORGANIZATION AND BUSINESS BAC_3

ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative)

3 Months Ended

Jul. 05, 2024 USD ($) shares

Apr. 29, 2024 HKD ($)

May 24, 2023 shares

Dec. 15, 2022 $ / shares shares

Nov. 30, 2022

Sep. 15, 2022 shares

Jul. 14, 2022 shares

Jul. 13, 2022

Jul. 13, 2021 $ / shares shares

Jun. 30, 2023 shares

Jul. 05, 2024 HKD ($)

Jun. 30, 2024 $ / shares shares

Sep. 30, 2023 $ / shares shares

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Reverse stock split

1:100 reverse stock split

1:100 reverse stock split

Common stock, shares issued

1,551,550

29,662,164

29,662,164

Common stock, shares outstanding

1,551,550

29,662,164

29,662,164

Conversion of stock, description

The Amendment was necessary as the terms of the Certificate of Designation for the Preferred Stock expressly provided that the conversion ratio of 162 shares of common stock for each share of Preferred Stock would not be reduced in the event of a stock split or other capitalization of the Company.

Preferred stock shares converted

10,000,000

Stock convertion basis

1.62

Business Combination, Control Obtained Description

The Company holds 70% of Blue Print, and the balance is held by two individuals unrelated to the Company, with each party holding 15%.

Common Stock, Par or Stated Value Per Share | $ / shares

$ 0.0001

$ 0.0001

Transferred shares under restruction | $

$ 100

Subsequent Event [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Share issued on disposition

938

Subsequent Event [Member] | Discontinued Operations, Disposed of by Sale [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Consideration on the sale

$ 7,230,000

$ 56,360,000

Common Stock [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Common stock shares converted

16,200,000

Stock Issued During Period, Shares, New Issues

1,450,000

2,900,000

Prior To Reverse Stock Split [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Common stock, shares issued

155,155,000

Common stock, shares outstanding

155,155,000

Share Exchange Agreement [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Stock Issued During Period, Shares, New Issues

8,939,600

Common Stock, Par or Stated Value Per Share | $ / shares

$ 0.0001

Series A1 Preferred Stock [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Preferred stock, shares issued

10,000,000

Preferred stock, shares outstanding

10,000,000

Series A1 Preferred Stock [Member] | Stock Purchase Agreement [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Shares purchased by purchaser

10,000,000

Preferred stock par value | $ / shares

$ 0.0001

Voting rights

As a result, the Purchaser became approximately 90% holder of the voting rights of the issued and outstanding shares of the Company, on a fully diluted basis and became the controlling shareholder.

SCHEDULE OF EXCHANGE RATES (Det

SCHEDULE OF EXCHANGE RATES (Details)	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2023
United States Dollar And Hong Kong Dollar [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate	7.81047		7.81047		7.82996
Foreign currency exchange rate revenues and expenses	7.81760	7.84901	7.81742	7.84901
United States Dollar And Australian Dollar [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Foreign currency exchange rate	1.50501		1.50501		1.55615
Foreign currency exchange rate revenues and expenses	1.51669	1.49816	1.52416

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Jun. 30, 2024	Sep. 30, 2023
Accounting Policies [Abstract]
Cash	$ 0
Accumulated deficit	$ (4,017,753)	$ (3,823,247)

Schedule of Disclosure of Long

Schedule of Disclosure of Long Lived Assets Held for sale (Details) - USD ($)	Jun. 30, 2024	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Cash and cash equivalents	$ 156,549	$ 621,001
Accounts receivable, net of allowances	1,878,641	1,431,201
Due from related parties	120,375	116,419
Prepaid expenses and other current assets	392,946	389,075
Deferred tax assets	116,169	22,481
Total current assets held for sale	2,664,680	2,580,177
Property and equipment, net	10,380	6,783
Goodwill	1,840,202	1,840,202
Acquisition-related intangibles	107,828	159,481
Right-of-use assets	150,104	33,481
Total assets held for sale	4,773,194	4,620,124
Bank loans - current portion	112,424	104,608
Accounts payable	36,467	78,064
Accrued expenses and other current liabilities	113,515	115,195
Due to related parties	401,286	365,061
Operating lease liabilities	48,985	37,789
Income tax payable	50,707	46,699
Total current liabilities for sale	763,384	747,416
Bank loans	395,926	483,950
Operating lease liabilities	101,081
Deferred tax liabilities – arise from fair value gain	17,792	26,315
Total liabilities for sale	$ 1,278,183	$ 1,257,681

Schedule of Discontinued Operat

Schedule of Discontinued Operations (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Revenue, net	$ 885,644	$ 579,691	$ 2,855,898	$ 616,326
Cost of revenue	(454,259)	(444,823)	(1,526,469)	(533,964)
Operating expenses	(480,747)	(333,629)	(1,527,988)	(520,715)
Other income	84,651	58,435	244,105	58,449
Interest (expenses) income, net	(4,775)	(5,400)	(14,906)	(5,388)
Profit/ (loss) from discontinued operations before taxes	30,514	(145,726)	30,640	(385,292)
Income taxes	36,699	25,720	95,059	50,271
Profit/ (loss) from discontinued operations, net of tax	$ 67,213	$ (120,006)	$ 125,699	$ (335,021)

Schedule of Cash Flow Informati

Schedule of Cash Flow Information (Details) - USD ($)	9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Amortization	$ 51,653	$ 9,280
Depreciation	3,779
Lease amortization	35,026	11,847
Allowance of expected credit losses	736,141	267,698
Reversal of allowance of expected credit losses	(165,477)
Deferred income taxes	(102,071)	(50,271)
Increase in prepaid expenses and other current assets	(2,138)	(341)
Cash (used in)/from assets held for sale	(1,017,030)	319,716
Increase in accrued expenses and other current liabilities	39,056	1,020,936
Cash used in liabilities held for sale	(79,667)	(49,013)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash acquired from purchase of a subsidiary		565,449
Advance to related parties	109
Purchase of property, plant and equipment	(7,600)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of borrowings	(81,605)	(26,519)
Discontinued Operations [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Amortization	51,653	9,280
Depreciation	3,779
Lease amortization	35,026	11,847
Allowance of expected credit losses	736,141	267,698
Reversal of allowance of expected credit losses	(165,477)
Deferred income taxes	(102,071)	(50,271)
(Increase)/decrease in accounts receivable	(1,014,137)	319,509
Increase in prepaid expenses and other current assets	(2,893)	207
Cash (used in)/from assets held for sale	(1,017,030)	319,716
Decrease in accounts payable	(41,755)	(77,340)
Decrease in operating lease liabilities	(39,622)	(12,894)
Increase in accrued expenses and other current liabilities	(2,940)	40,431
(Decrease)/increase in income tax payable	4,650	790
Cash used in liabilities held for sale	(79,667)	(49,013)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash acquired from purchase of a subsidiary		565,449
Advance to related parties	109
Purchase of property, plant and equipment	(7,600)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of borrowings	(81,605)	(26,519)
Advances from related party	$ 35,282

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details Narrative)			3 Months Ended
	Jul. 05, 2024 USD ($) shares	Jul. 05, 2024 HKD ($) shares	Mar. 31, 2023 shares
Subsequent Event [Line Items]
Consideration transferred, shares			3,128,860
Subsequent Event [Member] | Share Purchase Agreement [Member]
Subsequent Event [Line Items]
Consideration transferred	$ 7,230,000	$ 56,360,000
Consideration transferred, shares	938	938

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Jun. 30, 2024	Sep. 30, 2023
Flywheel Financial Strategy Company Limited [Member]
Related Party Transaction [Line Items]
Amount advances from the related company	$ 740,252	$ 456,966

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)			3 Months Ended
	Jul. 05, 2024 USD ($) shares	Jul. 05, 2024 HKD ($) shares	Mar. 31, 2023 shares
Subsequent Event [Line Items]
Consideration transferred, shares			3,128,860
Subsequent Event [Member] | Elison Virtus Company Limited [Member]
Subsequent Event [Line Items]
Equity percentage	9.38%	9.38%
Subsequent Event [Member] | Share Purchase Agreement [Member]
Subsequent Event [Line Items]
Consideration transferred	$ 7,230,000	$ 56,360,000
Consideration transferred, shares	938	938