Starbox Group Holdings Ltd.STBX
| Sep 30, 2023 |
---|
Income before noncontrolling interest | 2 |
---|
Depreciation and amortization | 2 |
---|
Amortization of right-of-use assets | 41,090 |
---|
Changes in deferred tax | 857,381 |
---|
Accounts receivable | 5 |
---|
Prepaid expenses and other current assets | 11 |
---|
Deferred revenue | -217,533 |
---|
Taxes payable | -545,753 |
---|
Operating lease liabilities | -41,090 |
---|
Accrued expenses and other current liabilities | 467,154 |
---|
Net cash (used in) provided by operating activities | -11,528,168 |
---|
Cash acquired from acquisition of subsidiaries | 932,893 |
---|
Purchase of fixed assets | 14,864 |
---|
Purchase of intangible assets | 18 |
---|
Net cash used in investing activities | -16,761,218 |
---|
Proceeds from equity financing | 12 |
---|
Repayment of loans | 32,331 |
---|
Borrowing from (repayment to) related parties | 328,546 |
---|
Net cash provided by financing activities | 12 |
---|
EFFECT OF EXCHANGE RATE CHANGES ON CASH | 972,423 |
---|
NET INCREASE (DECREASE) IN CASH & EQUIVALENTS | -15,253,938 |
---|
Income tax paid | 2 |
---|
Interest paid | 26,454 |
---|
Right-of-use assets obtained in exchange for operating lease liabilities | 167,667 |
---|
Shares issued for acquisition of One Eighty Ltd | 53 |
---|
Goodwill acquired in business acquisition | 82 |
---|
Identifiable intangible assets acquired in business acquisition | 24 |
---|
Net assets acquired in business acquisition | 22 |
---|