OFA Group
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 14, 2026
OFAL$0.23-2.0%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets
| June 30, 2026 | March 31, 2026 | |
|---|---|---|
| (Unaudited) | (Audited) | |
| ASSETS | ||
| Current assets: | ||
| Cash | $178,057 | $1,033,466 |
| Restricted cash-held by affiliate | 1,680,000 | 1,680,000 |
| Prepaid expense | 43,181 | 59,510 |
| Contract assets | 8,777 | 3,053 |
| Account receivables, net | 3,698 | 3,700 |
| Deferred offering costs | 1,100,000 | 1,100,000 |
| Total current assets | 3,013,713 | 3,879,729 |
| NON-CURRENT ASSETS: | ||
| Rent deposit | 123,658 | 122,857 |
| Right-of-use asset - operating lease | 639,255 | 635,622 |
| Property, plant and equipment, net | 856,613 | 896,984 |
| Intangible assets, net | 15,178,818 | 16,072,093 |
| Total non-current assets | 16,798,344 | 17,727,556 |
| Total assets | $19,812,057 | $21,607,285 |
| LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Account payable | $374,074 | $515,951 |
| Accrued liabilities | 5,968,839 | 6,043,346 |
| Contract liabilities | 62,142 | 62,191 |
| Current maturities of loan payable | 1,505 | 22,192 |
| Due to related parties | 114,528 | 286,160 |
| Operating lease liabilities | 173,255 | 164,391 |
| Commitment fee payable | 897,175 | 897,175 |
| Total current liabilities | 7,591,518 | 7,991,406 |
| Non-Current liabilities: | ||
| Loan payable, net of current | 468,375 | 448,057 |
| Operating lease liabilities | 467,562 | 454,404 |
| Total non-current liabilities | 935,937 | 902,461 |
| Total liabilities | 8,527,455 | 8,893,867 |
| Mezzanine Equity | ||
| Series A Convertible Redeemable Preferred Shares, $0.001 par value, 20,000,000 shares authorized as of June 30, 2026 and March 31, 2026, respectively, 1,080 and 1,380 shares issued and outstanding as of June 30, 2026 and March 31, 2026, respectively. | 1,410,916 | 1,730,404 |
| Preferred stock payable | 471,000 | - |
| Total mezzanine equity | 1,881,916 | 1,730,404 |
| Shareholders’ equity: | ||
| Class A Ordinary Shares, with $0.01 par value, 100,000,000 shares authorized, 2,637,052 and 2,543,013 shares issued and outstanding as of June 30, 2026 and March 31, 2026, respectively | 26,371 | 25,431 |
| Class B Ordinary Shares, with $0.001 par value, 20,000,000 shares authorized, 20,000,000 shares issued and outstanding as of June 30, 2026 and March 31, 2026 | 20,000 | 20,000 |
| Additional paid-in capital | 19,815,987 | 19,464,439 |
| Share payable | 535,520 | 535,520 |
| Accumulated deficit | (11,060,535) | (9,126,384) |
| Accumulated other comprehensive income | 65,343 | 64,008 |
| Total shareholders’ equity (deficit) | 9,402,686 | 10,983,014 |
| Total liabilities, Mezzanine Equity and shareholders’ equity | $19,812,057 | $21,607,285 |
The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.
| * | Giving retroactive effect to the one-for-ten share consolidation announced on July 27, 2026 and effective on July 31, 2026, as described in Note 1. |
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