DFP 10-Q 9 Aug 24 2024 Q3 Quarterly report Financial data

Cover

Cover - $ / shares	9 Months Ended
	Jun. 30, 2024	Aug. 09, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
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	333-271858
Entity Registrant Name	DFP HOLDINGS LIMITED
Entity Central Index Key	0001976900
Entity Tax Identification Number	32-0672927
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	1/F., No. 22, Lane 50, Section 3
Entity Address, Address Line Two	Nangang Road
Entity Address, Address Line Three	Nangang District
Entity Address, City or Town	Taipei City
Entity Address, Country	TW
Entity Address, Postal Zip Code	115607
City Area Code	(886)
Local Phone Number	2 8772 2001
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		216,779,700
Entity Listing, Par Value Per Share	$ 0.0001

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2024	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 2,138,243	$ 763,591
Other current assets-deposits	102,141	15,095
Total current assets	2,250,485	804,043
Non-current assets:
Property and equipment, net	61,886	12,767
TOTAL ASSETS	2,312,371	816,810
Current liabilities:
Accounts payable and accrued liabilities	79,275	73,325
Deferred revenue	131,876	28,698
Total liabilities	212,836	106,280
Stockholders’ equity:
Preferred Stock, $0.0001 par value; 200,000,000 shares authorized; no shares issued and outstanding
Common Stock, $0.0001 par value; 600,000,000 shares authorized; 216,779,700 and 213,855,500 shares issued and outstanding at June 30, 2024 and September 30, 2023, respectively	21,678	21,386
Additional paid in capital	3,610,522	2,148,714
Accumulated other comprehensive loss	(14,265)	(12,561)
Accumulated deficit	(1,518,400)	(1,447,009)
Total stockholders’ equity	2,099,535	710,530
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	2,312,371	816,810
Related Party [Member]
Current assets:
Prepaid expenses-related party	10,101	25,357
Current liabilities:
Due to officer	$ 1,685	$ 4,257

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2024	Sep. 30, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	600,000,000	600,000,000
Common stock, shares issued	216,779,700	213,855,500
Common stock, shares outstanding	216,779,700	213,855,500

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
REVENUES:
Service revenues	$ 439,266	$ 272,461	$ 968,941	$ 765,866
OPERATING COSTS AND EXPENSES:
Cost of service revenues	45,891	54,823	115,071	155,643
Impairment of prepaid application development fee-related party				450,000
Total operating costs and expenses	399,207	303,129	1,034,051	1,438,313
INCOME (LOSS) FROM OPERATIONS	40,059	(30,668)	(65,110)	(672,447)
OTHER INCOME:
Interest income	12,813	4,256	17,994	7,722
INCOME (LOSS) BEFPRE INCOME TAX	52,872	(26,412)	(47,116)	(664,725)
Income taxes	(24,275)	(22,944)	(24,275)	(22,944)
NET INCOME (LOSS)	28,597	(49,356)	(71,391)	(687,669)
Other comprehensive (loss) income:
-Foreign currency translation (loss) income	(4,732)	(2,311)	(1,704)	925
COMPREHENSIVE INCOME (LOSS)	$ 23,865	$ (51,667)	$ (73,095)	$ (686,744)
NET LOSS PER SHARE - Basic	$ 0	$ 0	$ 0	$ 0
NET LOSS PER SHARE - Diluted	$ 0	$ 0	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF COMMON STOCK OUTSTANDING - Basic	216,779,700	213,855,500	215,714,209	213,855,500
WEIGHTED AVERAGE NUMBER OF COMMON STOCK OUTSTANDING - Diluted	216,779,700	213,855,500	215,714,209	213,855,500
Nonrelated Party [Member]
OPERATING COSTS AND EXPENSES:
General and administrative expense-related party	$ 338,170	$ 232,748	$ 873,054	$ 585,962
Related Party [Member]
OPERATING COSTS AND EXPENSES:
General and administrative expense-related party	$ 15,146	$ 15,558	$ 45,926	$ 246,708

Condensed Consolidated Statem_2

Condensed Consolidated Statements of 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	$ 21,386	$ 2,148,714	$ (4,615)	$ (732,677)	$ 1,432,808
Balance, shares at Sep. 30, 2022	213,855,500
Foreign currency translation			925		925
Net Income (loss)				(687,669)	(687,669)
Balance at Jun. 30, 2023	$ 21,386	2,148,714	(3,690)	(1,420,346)	746,064
Balance, shares at Jun. 30, 2023	213,855,500
Balance at Mar. 31, 2023	$ 21,386	2,148,714	(1,379)	(1,370,990)	797,731
Balance, shares at Mar. 31, 2023	213,855,500
Foreign currency translation			(2,311)		(2,311)
Net Income (loss)				(49,356)	(49,356)
Balance at Jun. 30, 2023	$ 21,386	2,148,714	(3,690)	(1,420,346)	746,064
Balance, shares at Jun. 30, 2023	213,855,500
Balance at Sep. 30, 2023	$ 21,386	2,148,714	(12,561)	(1,447,009)	710,530
Balance, shares at Sep. 30, 2023	213,855,500
Foreign currency translation			(1,704)		(1,704)
Net Income (loss)				(71,391)	(71,391)
Common Stock issued for cash	$ 292	1,461,808			1,462,100
Common Stock issued for cash, shares	2,924,200
Balance at Jun. 30, 2024	$ 21,678	3,610,522	(14,265)	(1,518,400)	2,099,535
Balance, shares at Jun. 30, 2024	216,779,700
Balance at Mar. 31, 2024	$ 21,678	3,610,522	(9,533)	(1,546,997)	2,075,670
Balance, shares at Mar. 31, 2024	216,779,700
Foreign currency translation			(4,732)		(4,732)
Net Income (loss)				28,597	28,597
Balance at Jun. 30, 2024	$ 21,678	$ 3,610,522	$ (14,265)	$ (1,518,400)	$ 2,099,535
Balance, shares at Jun. 30, 2024	216,779,700

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	$ (71,391)	$ (687,669)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	4,234	1,767
Impairment of prepaid application development fee-related party		450,000
Changes in operating assets and liabilities:
Other current assets-deposits	(87,046)	6,370
Prepaid expenses-related party	15,256	(107)
Accounts payable and accrued liabilities	5,950	14,921
Deferred revenue	103,178	26,877
Net cash used in operating activities	(29,819)	(187,841)
Cash flows from investing activities:
Prepaid application development fee-related party		(450,000)
Purchase of property and equipment	(50,607)	(14,958)
Net cash used in investing activities	(50,607)	(464,958)
Cash flows from financing activities:
Proceeds from sales of common stock	1,462,100
Repayment to officer	(2,572)	(13,042)
Net cash provided by (used in) financing activities	1,459,528	(13,042)
Effect of exchange rate changes in cash and cash equivalents	(4,450)	908
NET CHANGE IN CASH AND CASH EQUIVALENTS	1,374,652	(664,933)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	763,591	1,461,506
CASH AND CASH EQUIVALENTS, END OF PERIOD	2,138,243	796,573
Supplemental information
Income taxes paid	$ 24,209	$ 22,944

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of business DFP Holdings Limited, a Nevada corporation (the “Company”), was incorporated in the State of Nevada on December 8, 2021 On March 8, 2022, the Company’s wholly owned subsidiary, DFP Holdings Limited, was formed in Seychelles (the “Seychelles Company”). The Seychelles Company is an intermediate holding company, and operates business through its wholly owned subsidiary, DFP Holdings Limited, a company incorporated in Taiwan (the “Taiwan Company”). On May 24, 2022, the Company acquired 100 1 Going concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements for the nine months ended June 30, 2024, the Company incurred a net loss of $ 71,391 29,819 Management estimates that the current funds on hand will be sufficient to continue operations through the next six months. The Company’s ability to continue as a going concern is dependent upon its ability to continue to implement its business plan to increase its customer base and realize increased revenues. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stockholders, in the case of equity financing. Risks & uncertainties resulting from inflation, COVID-19, and geopolitical instability As a result of the COVID-19 pandemic and actions taken to slow its spread, the ongoing military conflict between Russia and Ukraine, and other geopolitical and macroeconomic factors beyond our control, the global credit and financial markets have experienced extreme volatility, including diminished liquidity and credit availability, declines in consumer confidence, declines in economic growth, increases in unemployment rates and uncertainty about economic stability. If equity and credit markets deteriorate, it may affect our ability to raise equity capital, borrow on our existing facilities, access our existing cash, or make any additional necessary debt or equity financing more difficult to obtain, more costly and/or more dilutive. Basis of presentation The accompanying condensed consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Tide Holdings Limited (TIDE), DFP Holdings Limited (Seychelles) (the “Seychelles Company”), and DFP Holdings Limited (Taiwan) (the “Taiwan Company”). Intercompany accounts and transactions have been eliminated in consolidation. Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting year. Actual results could differ from those estimates. Significant estimates include estimates for assumptions used in impairment testing of long-term assets, and the accrual of potential liabilities. Revenue recognition The Company recognizes revenue in accordance with Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers, The Company’s revenue consists of revenue from providing online and offline educational services (“service revenue”). Revenue is recognized in the period in which the services are delivered, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. The Company offers no discounts, rebates, rights of return, or other allowances to clients which would result in the establishment of reserves against service revenue. Additionally, to date, the Company has not incurred incremental costs in obtaining a client contract. The Company recognizes revenue from subscription services rateably over the subscription period. The Company recognizes deferred revenue at each period end for contracts that have been paid but which the related service has not been performed or delivered. Cost of revenue Cost of service revenue primarily consists of advertising and promotion fee, and facility rentals directly attributable to the services rendered. Cash and cash equivalents Cash equivalents include demand deposits placed with banks or other financial institutions and all highly liquid investments with original maturities at purchase of three months or less, including money market funds. SCHEDULE OF CASH AND CASH EQUIVALENTS As of As of (Unaudited) Cash and cash equivalents Denominated in United States Dollars $ 1,871,022 $ 480,406 Denominated in New Taiwan Dollars 267,221 283,185 Cash and cash equivalents $ 2,138,243 $ 763,591 Financial instruments that potentially subject the Company to a significant concentration of credit risk consist primarily of cash. As of June 30, 2024, substantially all the Company’s cash was held by two major financial institutions located in Taiwan, which management believes is of high credit quality. At June 30, 2024, none Fair value measurements The Company follows the guidance of ASC 820-10, “Fair Value Measurements and Disclosures”, with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows: Level 1: Level 2: Level 3: The Company believes the carrying amount reported in the balance sheet for cash and cash equivalents, prepaid expenses, accounts payable and accrued liabilities, deferred revenue and due to officer, approximate their fair values because of the short-term nature of these financial instruments. Foreign currency translation The reporting currency of the Company is the United States Dollars (“US$”) and the accompanying consolidated financial statements have been expressed in US$. In addition, the Company’s operating subsidiary maintains its books and records in its functional currency, New Taiwan Dollars (“NT$”). In general, for consolidation purposes, assets and liabilities of the Company’s subsidiaries whose functional currency is not the US$, are translated into US$ using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of a foreign subsidiary are recorded as a separate component of accumulated other comprehensive income or loss within stockholders’ equity. Translation of amounts from the local currencies of the Company into US$ has been made at the following exchange rates for the respective periods: SCHEDULE OF TRANSLATION OF AMOUNTS BETWEEN USD AND TWD 2024 2023 As of and for the nine months ended June 30, 2024 2023 Period-end NT$ : US$1 exchange rate 32.54 31.16 Period-average NT$ : US$1 exchange rate 31.89 30.86 Net income (loss) per share The Company calculates net income (loss) per share in accordance with ASC Topic 260, “Earnings per Share.” Basic income (loss) per share is computed by dividing the net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted income (loss) per share is computed similar to basic income (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive. At June 30, 2024 and September 30, 2023, the Company has no Segment information Operating segments are components of an enterprise for which separate financial information is available and are evaluated regularly by the Company’s chief operating decision maker in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker is its Chief Executive Officer. The Company’s Chief Executive Officer views the Company’s operations and manages its business in one operating segment, which is conducting business as an educational service company. Concentrations For the three and nine months ended June 30, 2024 and 2023, no customer accounted for 10 For the three and nine months ended June 30, 2024, and for the three months ended June 30, 2023, no service provider accounted for 10 17 Recent accounting pronouncements In August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40). This ASU reduces the number of accounting models for convertible debt instruments and convertible preferred stock and amends the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. In addition, this ASU improves and amends the related earnings per share guidance. This standard becomes effective for the Company beginning on October 1, 2024. Adoption is either a modified retrospective method or a fully retrospective method of transition. The Company adopted this guidance effective October 1, 2023, and the adoption of this standard did not have a material impact on its consolidated financial statements. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Jun. 30, 2024
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 2 - STOCKHOLDERS’ EQUITY During the period from November 1, 2023, to March 5, 2024, the Company sold 2,924,200 0.0001 1,462,100 0.50 As of June 30, 2024, the Company has 216,779,700

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 3 - RELATED PARTY TRANSACTIONS Mr. Hsu Shou Hung (“Mr. Hsu”), a founder of the Company, is currently the Company’s Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, and sole director. As of June 30, 2024, Mr. Hsu collectively owns 96,260,000 44.40 1,685 4,257 Mr. Lin Yi Hsiu (“Mr. Jeff Lin”) is Chief Executive Officer and a director of Leader Capital Holdings Corp. (“LCHC”), a 6.92 6.92 LCHC and its wholly owned subsidiary, LOC Weibo Co., Limited (“LOC”) (collectively, “Leader”) provide IT and maintenance services to the Company, respectively. For the three months ended June 30, 2024 and 2023, the Company incurred the following fees to Leader: SCHEDULE OF RELATED PARTIED INCURRED FEES TO LCHC AND LFAML Paid to: Description 2024 2023 For the three months ended June 30, Paid to: Description 2024 2023 LCHC IT services $ 7,500 $ 7,500 LOC IT services 7,646 8,058 Total $ 15,146 $ 15,558 For the nine months ended June 30, 2024 and 2023, the Company incurred the following fees to Leader and LFAML: Paid to: Description 2024 2023 For the nine months ended June 30, Paid to: Description 2024 2023 LCHC IT services $ 22,500 $ 22,500 LOC IT services 23,426 24,208 LFAML Consulting services - 200,000 Subtotal 45,926 246,708 LCHC Prepaid application development fees - 450,000 Total $ 45,926 $ 696,708 At June 30, 2024 and September 30, 2023, $ 10,101 25,357 During the nine months ended June 30, 2023, the Company prepaid $ 450,000 450,000

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Description of business	Description of business DFP Holdings Limited, a Nevada corporation (the “Company”), was incorporated in the State of Nevada on December 8, 2021 On March 8, 2022, the Company’s wholly owned subsidiary, DFP Holdings Limited, was formed in Seychelles (the “Seychelles Company”). The Seychelles Company is an intermediate holding company, and operates business through its wholly owned subsidiary, DFP Holdings Limited, a company incorporated in Taiwan (the “Taiwan Company”). On May 24, 2022, the Company acquired 100 1
Going concern	Going concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements for the nine months ended June 30, 2024, the Company incurred a net loss of $ 71,391 29,819 Management estimates that the current funds on hand will be sufficient to continue operations through the next six months. The Company’s ability to continue as a going concern is dependent upon its ability to continue to implement its business plan to increase its customer base and realize increased revenues. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stockholders, in the case of equity financing.
Risks & uncertainties resulting from inflation, COVID-19, and geopolitical instability	Risks & uncertainties resulting from inflation, COVID-19, and geopolitical instability As a result of the COVID-19 pandemic and actions taken to slow its spread, the ongoing military conflict between Russia and Ukraine, and other geopolitical and macroeconomic factors beyond our control, the global credit and financial markets have experienced extreme volatility, including diminished liquidity and credit availability, declines in consumer confidence, declines in economic growth, increases in unemployment rates and uncertainty about economic stability. If equity and credit markets deteriorate, it may affect our ability to raise equity capital, borrow on our existing facilities, access our existing cash, or make any additional necessary debt or equity financing more difficult to obtain, more costly and/or more dilutive.
Basis of presentation	Basis of presentation The accompanying condensed consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Tide Holdings Limited (TIDE), DFP Holdings Limited (Seychelles) (the “Seychelles Company”), and DFP Holdings Limited (Taiwan) (the “Taiwan Company”). Intercompany accounts and transactions have been eliminated in consolidation.
Use of estimates	Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting year. Actual results could differ from those estimates. Significant estimates include estimates for assumptions used in impairment testing of long-term assets, and the accrual of potential liabilities.
Revenue recognition	Revenue recognition The Company recognizes revenue in accordance with Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers, The Company’s revenue consists of revenue from providing online and offline educational services (“service revenue”). Revenue is recognized in the period in which the services are delivered, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. The Company offers no discounts, rebates, rights of return, or other allowances to clients which would result in the establishment of reserves against service revenue. Additionally, to date, the Company has not incurred incremental costs in obtaining a client contract. The Company recognizes revenue from subscription services rateably over the subscription period. The Company recognizes deferred revenue at each period end for contracts that have been paid but which the related service has not been performed or delivered.
Cost of revenue	Cost of revenue Cost of service revenue primarily consists of advertising and promotion fee, and facility rentals directly attributable to the services rendered.
Cash and cash equivalents	Cash and cash equivalents Cash equivalents include demand deposits placed with banks or other financial institutions and all highly liquid investments with original maturities at purchase of three months or less, including money market funds. SCHEDULE OF CASH AND CASH EQUIVALENTS As of As of (Unaudited) Cash and cash equivalents Denominated in United States Dollars $ 1,871,022 $ 480,406 Denominated in New Taiwan Dollars 267,221 283,185 Cash and cash equivalents $ 2,138,243 $ 763,591 Financial instruments that potentially subject the Company to a significant concentration of credit risk consist primarily of cash. As of June 30, 2024, substantially all the Company’s cash was held by two major financial institutions located in Taiwan, which management believes is of high credit quality. At June 30, 2024, none
Fair value measurements	Fair value measurements The Company follows the guidance of ASC 820-10, “Fair Value Measurements and Disclosures”, with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows: Level 1: Level 2: Level 3: The Company believes the carrying amount reported in the balance sheet for cash and cash equivalents, prepaid expenses, accounts payable and accrued liabilities, deferred revenue and due to officer, approximate their fair values because of the short-term nature of these financial instruments.
Foreign currency translation	Foreign currency translation The reporting currency of the Company is the United States Dollars (“US$”) and the accompanying consolidated financial statements have been expressed in US$. In addition, the Company’s operating subsidiary maintains its books and records in its functional currency, New Taiwan Dollars (“NT$”). In general, for consolidation purposes, assets and liabilities of the Company’s subsidiaries whose functional currency is not the US$, are translated into US$ using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of a foreign subsidiary are recorded as a separate component of accumulated other comprehensive income or loss within stockholders’ equity. Translation of amounts from the local currencies of the Company into US$ has been made at the following exchange rates for the respective periods: SCHEDULE OF TRANSLATION OF AMOUNTS BETWEEN USD AND TWD 2024 2023 As of and for the nine months ended June 30, 2024 2023 Period-end NT$ : US$1 exchange rate 32.54 31.16 Period-average NT$ : US$1 exchange rate 31.89 30.86
Net income (loss) per share	Net income (loss) per share The Company calculates net income (loss) per share in accordance with ASC Topic 260, “Earnings per Share.” Basic income (loss) per share is computed by dividing the net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted income (loss) per share is computed similar to basic income (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive. At June 30, 2024 and September 30, 2023, the Company has no
Segment information	Segment information Operating segments are components of an enterprise for which separate financial information is available and are evaluated regularly by the Company’s chief operating decision maker in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker is its Chief Executive Officer. The Company’s Chief Executive Officer views the Company’s operations and manages its business in one operating segment, which is conducting business as an educational service company.
Concentrations	Concentrations For the three and nine months ended June 30, 2024 and 2023, no customer accounted for 10 For the three and nine months ended June 30, 2024, and for the three months ended June 30, 2023, no service provider accounted for 10 17
Recent accounting pronouncements	Recent accounting pronouncements In August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40). This ASU reduces the number of accounting models for convertible debt instruments and convertible preferred stock and amends the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. In addition, this ASU improves and amends the related earnings per share guidance. This standard becomes effective for the Company beginning on October 1, 2024. Adoption is either a modified retrospective method or a fully retrospective method of transition. The Company adopted this guidance effective October 1, 2023, and the adoption of this standard did not have a material impact on its consolidated financial statements. Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
SCHEDULE OF CASH AND CASH EQUIVALENTS	Cash equivalents include demand deposits placed with banks or other financial institutions and all highly liquid investments with original maturities at purchase of three months or less, including money market funds. SCHEDULE OF CASH AND CASH EQUIVALENTS As of As of (Unaudited) Cash and cash equivalents Denominated in United States Dollars $ 1,871,022 $ 480,406 Denominated in New Taiwan Dollars 267,221 283,185 Cash and cash equivalents $ 2,138,243 $ 763,591
SCHEDULE OF TRANSLATION OF AMOUNTS BETWEEN USD AND TWD	Translation of amounts from the local currencies of the Company into US$ has been made at the following exchange rates for the respective periods: SCHEDULE OF TRANSLATION OF AMOUNTS BETWEEN USD AND TWD 2024 2023 As of and for the nine months ended June 30, 2024 2023 Period-end NT$ : US$1 exchange rate 32.54 31.16 Period-average NT$ : US$1 exchange rate 31.89 30.86

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
SCHEDULE OF RELATED PARTIED INCURRED FEES TO LCHC AND LFAML	For the three months ended June 30, 2024 and 2023, the Company incurred the following fees to Leader: SCHEDULE OF RELATED PARTIED INCURRED FEES TO LCHC AND LFAML Paid to: Description 2024 2023 For the three months ended June 30, Paid to: Description 2024 2023 LCHC IT services $ 7,500 $ 7,500 LOC IT services 7,646 8,058 Total $ 15,146 $ 15,558 For the nine months ended June 30, 2024 and 2023, the Company incurred the following fees to Leader and LFAML: Paid to: Description 2024 2023 For the nine months ended June 30, Paid to: Description 2024 2023 LCHC IT services $ 22,500 $ 22,500 LOC IT services 23,426 24,208 LFAML Consulting services - 200,000 Subtotal 45,926 246,708 LCHC Prepaid application development fees - 450,000 Total $ 45,926 $ 696,708

SCHEDULE OF CASH AND CASH EQUIV

SCHEDULE OF CASH AND CASH EQUIVALENTS (Details) - USD ($)	Jun. 30, 2024	Sep. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cash and cash equivalents	$ 2,138,243	$ 763,591
United States Dollars [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cash and cash equivalents	1,871,022	480,406
Taiwan New Dollars [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cash and cash equivalents	$ 267,221	$ 283,185

SCHEDULE OF TRANSLATION OF AMOU

SCHEDULE OF TRANSLATION OF AMOUNTS BETWEEN USD AND TWD (Details)	Jun. 30, 2024	Jun. 30, 2023
Accounting Policies [Abstract]
Period-end NT$ : US$1 exchange rate	32.54	31.16
Period-average NT$ : US$1 exchange rate	31.89	30.86

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)		3 Months Ended		9 Months Ended		12 Months Ended
	May 24, 2022	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2023
Product Information [Line Items]
Entity incorporation				Dec. 08, 2021
Net loss		$ (28,597)	$ 49,356	$ 71,391	$ 687,669
Net cash used in operating activities				29,819	$ 187,841
Federal deposit insurance		$ 0		$ 0
Dilutive securities				0		0
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | No Customer [Member]
Product Information [Line Items]
Concentration risk percentage		10%	10%	10%
Customer Concentration Risk [Member] | Operating Costs And Expenses [Member] | No Service [Member]
Product Information [Line Items]
Concentration risk percentage		10%	10%	10%
Customer Concentration Risk [Member] | Operating Costs And Expenses [Member] | One Service [Member]
Product Information [Line Items]
Concentration risk percentage					17%
Chief Executive Officer [Member]
Product Information [Line Items]
Business combination consideration	$ 1
Tide Holdings Limited [Member]
Product Information [Line Items]
Ownership percentage	100%

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	4 Months Ended	9 Months Ended
	Mar. 05, 2024	Jun. 30, 2024	Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock par value		$ 0.0001	$ 0.0001
Common stock issued for cash		$ 1,462,100
Common stock, shares issued		216,779,700	213,855,500
Common stock, shares outstanding		216,779,700	213,855,500
77 Shareholders [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock par value	$ 0.0001
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for cash, shares		2,924,200
Common stock issued for cash		$ 292
Common Stock [Member] | 77 Shareholders [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for cash, shares	2,924,200
Common stock issued for cash	$ 1,462,100
Shares issued, price per share	$ 0.50

SCHEDULE OF RELATED PARTIED INC

SCHEDULE OF RELATED PARTIED INCURRED FEES TO LCHC AND LFAML (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Related Party Transaction [Line Items]
Total	$ 15,146	$ 15,558	$ 45,926	$ 696,708
LCHC				450,000
Leader Capital Holdings Corp [Member]
Related Party Transaction [Line Items]
LCHC				450,000
Leader Capital Holdings Corp [Member] | IT Services [Member]
Related Party Transaction [Line Items]
Subtotal	7,500	7,500	22,500	22,500
LOC Weibo Co Limited [Member] | IT Services [Member]
Related Party Transaction [Line Items]
Subtotal	7,646	8,058	23,426	24,208
Leader Financial Asset Management Limited [Member] | Consulting Services [Member]
Related Party Transaction [Line Items]
Subtotal				200,000
Related Party [Member]
Related Party Transaction [Line Items]
Subtotal	$ 15,146	$ 15,558	$ 45,926	$ 246,708

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2023
Related Party Transaction [Line Items]
Commom stock, shares outstanding	216,779,700		216,779,700		213,855,500
Prepaid application development fees				$ 450,000
Impairment of application development				450,000
Mr. Hsu [Member]
Related Party Transaction [Line Items]
Due to officer	$ 1,685		$ 1,685		$ 4,257
Mr. Hsu [Member] | Restricted Stock [Member] | DFP Holdings Limited [Member]
Related Party Transaction [Line Items]
Commom stock, shares outstanding	96,260,000		96,260,000
Ownership percentage	44.40%		44.40%
Mr Jeff Lin [Member] | Restricted Stock [Member] | Leader Capital Holdings Corp [Member]
Related Party Transaction [Line Items]
Ownership percentage	6.92%		6.92%
Mr Jeff Lin [Member] | Restricted Stock [Member] | CPN Investment Limited [Member]
Related Party Transaction [Line Items]
Ownership percentage	6.92%		6.92%
Leader Capital Holdings Corp [Member]
Related Party Transaction [Line Items]
Prepaid maintenance expenses to related party	$ 10,101		$ 10,101		$ 25,357
Prepaid application development fees				450,000
Impairment of application development				450,000
Leader Capital Holdings Corp [Member] | Software Development [Member]
Related Party Transaction [Line Items]
Prepaid application development fees				$ 450,000