Revenue and Financial Performance - For the year ended September 30, 2025, revenues generated from recycled iPhones accounted for 100% of the company's revenue[23]. - For the year ended September 30, 2025, total revenue reached $2,846,250, representing a 100% increase compared to $0 for the year ended September 30, 2024[131]. - Cost of Goods Sold (COGS) for the year ended September 30, 2025 was $2,790,500, also reflecting a 100% increase from $0 for the year ended September 30, 2024[133]. - Selling, general and administrative expenses surged 423% to $4,414,709 for the year ended September 30, 2025, compared to $844,844 for the same period in 2024[134]. - The operating loss for the year ended September 30, 2025 was $4,362,473, a significant increase from an operating loss of $844,844 in 2024, marking a 416% rise[135]. - Net loss for the year ended September 30, 2025 was $7,009,846, compared to a net loss of $3,251,127 for the year ended September 30, 2024, indicating a 116% increase in losses[137]. - Gross profit for the year ended September 30, 2025, was $55,750, with a gross margin of approximately 1.96%[181]. - Net loss attributable to Inno Holdings Inc. for the year ended September 30, 2025, was $7,079,363, compared to a net loss of $3,213,829 in 2024, representing an increase of 120%[181]. - The accumulated deficit as of September 30, 2025, was $14,818,007, raising concerns about the company's ability to continue as a going concern[162]. - For the year ended September 30, 2025, net cash used in operating activities was $4,728,738, primarily due to a net loss from continuing operations of $6,814,050[148]. - The company reported net cash provided by financing activities of $17,059,995 for the year ended September 30, 2025, compared to $7,144,235 in 2024[152]. - Total assets as of September 30, 2025, were $16,005,383, a substantial increase from $4,169,337 in 2024[175]. - Total equity increased to $15,166,727 as of September 30, 2025, from $2,797,536 in 2024, reflecting a growth of 442%[181]. - Cash and cash equivalents at the end of the period were $10,130,942, up from $1,077,138 in 2024, indicating a significant increase of 837%[188]. - The company incurred a loss on investment disposal of $2,152,522 during the year ended September 30, 2025[181]. Business Strategy and Operations - The company plans to diversify its product portfolio by expanding into laptops, such as MacBook, and other accessories, such as smartwatches and headphones[33]. - The company intends to set up offices in Singapore, Malaysia, Dubai, and other areas in Southeast and Middle Asia within the next five years to increase revenues and market presence[34]. - A Business to Business (B2B) marketplace platform is being developed to facilitate manufacturers and distributors to sell directly to business buyers, enhancing customer acquisition[35]. - The company aims to pursue horizontal and vertical integration through acquisitions within the recycled consumer electronic devices industry to strengthen market capabilities[36]. - The Company acquired Lear Group Limited and Baymax High Technology Co., Limited for a total consideration of $1,300 each, making them wholly-owned subsidiaries[61][62]. - The Company sold all issued and outstanding shares of its subsidiaries, IMSC and AT, for an aggregate purchase price of $1,000 in cash[63]. - The Company has shifted its primary business focus to recycled consumer electronic devices, discontinuing its previous cold-formed-steel business[72]. - The Company plans to form a strategic partnership with Megabyte Solutions Limited to deploy Web3 technology in its cross-border B2B marketplace platform[74]. - The Company anticipates significant expansion to address potential growth in its customer base and market opportunities, which may strain management and operational resources[80]. Human Resources and Management - The Company had five full-time employees as of September 30, 2025, compared to four in the previous year[57]. - The Company experienced changes in senior management during the financial year ended September 30, 2025, including the replacement of the Chief Executive Officer and Chief Financial Officer[81]. - The company plans to recruit additional personnel, including marketing and sales staff, to meet growth needs and enhance brand recognition[38]. Risks and Challenges - The company experiences moderate seasonality in business due to new product launches and promotional campaigns, which can affect quarterly results[40]. - The company relies on a limited number of suppliers, with two suppliers accounting for all total purchases for the year ended September 30, 2025[25]. - The Company is subject to risks associated with its concentrated customer and supplier base, which could materially affect its revenue and inventory sourcing[77][78]. - There is no assurance that the Company will achieve profitability in the future, which could impact its business development and marketing activities[79]. - As a public company, the Company incurs increased legal, accounting, and compliance costs, which are expected to continue[82]. - The Company may need new or additional financing in the future to expand its business, refinance existing debt, or make strategic acquisitions, with potential adverse impacts on operations if capital cannot be obtained on satisfactory terms[86]. - Future issuances of shares may result in significant dilution to existing shareholders, adversely affecting the market price of the Company's securities[87]. Financial Position and Capital Management - The lease for the principal executive office and warehouse is set at a monthly rent of $12,000, with a new lease term from June 1, 2024, to May 31, 2026[105]. - As of September 30, 2025, there were 19 stockholders of record for the Company's common stock, with the actual number being greater due to beneficial owners[112]. - The company completed a reverse stock split on October 9, 2024, converting each share into one-tenth of a share, with 199,787 fractional shares issued[114]. - The company has not declared any cash dividends since inception and does not anticipate paying dividends in the foreseeable future[116]. - The company engaged in multiple private placements, raising approximately $2 million from the sale of 500,000 shares at $4.00 per share on November 4, 2024[118]. - The company issued 3,200,000 shares at a price of $0.48 per share, raising approximately $1.536 million under the Standby Equity Purchase Agreement[144]. - The company received net proceeds of approximately $6.69 million from a registered direct offering of 1,200,000 shares at $3.60 per share[145]. - The company issued an aggregate of 85,000,000 shares for gross proceeds of approximately $28 million through an At-the-Market Offering[146]. - The Company entered into a Standby Equity Purchase Agreement (SEPA) on July 4, 2025, allowing it to issue and sell up to $6 million of common stock at a price between 20% and 40% of the Minimum Price of $1.20[206]. - The fair value of the SEPA derivative liability was determined to be $370,546 as of September 30, 2025, reflecting a change from an initial valuation of $635,669[217]. Cybersecurity and Compliance - The Company acknowledges the increasing importance of cybersecurity and is in the process of developing appropriate measures to enhance its cybersecurity posture[101]. - The adoption of the current expected credit loss (CECL) methodology has had no material impact on the Company's consolidated financial statements[211]. - The Company continuously monitors the recoverability of accounts receivable and may provision for non-collectability based on various indicators[212]. - The carrying amounts of cash and cash equivalents, accounts receivable, and other current assets and liabilities approximate fair values due to their short-term nature[215]. - The Company utilizes observable inputs to determine the fair value of financial instruments, categorized into three levels based on the nature of the inputs[219].

Group 1 - The core point of the article highlights the significant declines in the stock prices of several Chinese concept stocks, with Yueda Digital leading the drop at 27.37% [1] - Yueda Digital's latest price is reported at 1.300, with a decrease of 0.490 and a trading volume of 18.57 million [1] - Other notable declines include KXIN (25.48% drop), YGMZ (21.06% drop), LZMH (17.12% drop), and INHD (15.40% drop) [1] Group 2 - KXIN's latest price is 3.100, with a decrease of 1.060 and a trading volume of 2.64 million [1] - YGMZ's latest price is 0.0862, with a decrease of 0.0230 and a trading volume of 3.61 million [1] - LZMH's latest price is 2.445, with a decrease of 0.505 and a trading volume of 0.61 million [1] - INHD's latest price is 0.1472, with a decrease of 0.0268 and a trading volume of 4.85 million [1]

| 代码 | 名称 | 最新价 | 涨跌幅 ^ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | NCT | Intercont | 0.5679 | -26.87% | -0.2087 | 1754.98万 | | INHD | INNO Holdings | 0.1740 | -22.06% | -0.0493 | 809.02万 | | MFI | 移动财经 | 18.140 | -21.64% | -5.010 | 184.54万 | | NXTT | Next Technology | 6.800 | -19.81% | -1.680 | 163.34万 | | MSW | 明成集团 | 1.400 | -16.67% | -0.280 | 5.01万 | 中概股收盘跌幅居前的个股为：Intercont跌26.87%，INNO Holdings跌22.06%，移动财经跌21.64%， Next Technology跌19.81%，明成集团跌16.67%。(格隆汇) ...

Group 1 - The article reports significant declines in the stock prices of several Chinese concept stocks, with Mingzhu Freight experiencing the largest drop of 34.15% [1] - Other notable declines include Kaixin Automotive down 30.83%, INNO Holdings down 16.33%, Ridgetech down 15.97%, and Tongcheng Tongmei down 14.31% [1] - The trading volumes for these stocks varied, with Mingzhu Freight having a trading volume of 6.9956 million, while INNO Holdings had a much higher trading volume of 39.2023 million [1]

Core Viewpoint - Chinese concept stocks experienced significant declines, with notable drops in several companies' stock prices, indicating potential volatility in this sector [1] Group 1: Stock Performance - Mingzhu Logistics (YGMZ) saw a dramatic drop of 82.38%, closing at 0.187, with a trading volume of 5.5968 million [1] - INNO Holdings (INHD) fell by 43.98%, ending at 0.2695, with a trading volume of 50.1026 million [1] - Tongcheng Tongmei (VSA) decreased by 22.78%, closing at 0.1454, with a trading volume of 7.2197 million [1] - Huato Financial (WTF) dropped by 20.34%, finishing at 2.820, with a trading volume of 0.8505 million [1] - Mint (MIMI) declined by 17.00%, closing at 0.4600, with a trading volume of 1.0841 million [1]

Core Viewpoint - Chinese concept stocks experienced significant declines, with notable drops in specific companies' stock prices. Group 1: Company Performance - INNO Holdings saw a decline of 33.64%, closing at 0.4811, with a trading volume of 504 million [1] - Yuta Logistics Technology dropped by 22.72%, closing at 0.935, with a trading volume of 660,800 [1] - Intelligent Future decreased by 18.79%, closing at 2.680, with a trading volume of 11,200 [1] - Meihua International fell by 17.96%, closing at 11.9280, with a trading volume of 349,200 [1]

Inno Holdings (INHD) stock more than quadrupled on Monday after the Texas-headquartered firm announced a strategic Web 3.0 partnership with Megabyte Solutions Limited. INHD has teamed up with Megabyte to integrate Web 3.0 tech into its cross-border B2B marketplace platform, marking a significant shift from its core construction technology business. More News from Barchart Following an initial spike, however, INHD shares ended up reversing their entire intraday gains, ending the session at about $0.48, d ...

Core Insights - INNO Holdings Inc. has entered into a non-binding Memorandum of Understanding (MoU) with Megabyte Solutions Limited to form a strategic partnership focused on deploying Web3 technology in its cross-border B2B marketplace platform [1][2][3] - The collaboration aims to enhance the platform's global transactions by integrating blockchain-based logistics and supply chain management solutions, improving privacy, convenience, efficiency, and security [2][3] - The CEO of INNO emphasized that this partnership represents a pivotal step in the company's future development, aiming to address challenges in cross-border e-commerce and trade [3] Company Overview - INNO Holdings Inc. is a trade-focused electronic products trading company that is also involved in building technology, aiming to revolutionize the construction industry with proprietary cold-formed steel framing and AI-driven design [4] - The company is expanding its sales and distribution network in electronic product trading, seeking to create greater commercial value for its business partners and enhance its own enterprise value [4]

Core Viewpoint - Inno Holdings Inc. has announced an At-the-Market equity offering sales agreement to sell shares of its Common Stock valued up to $50 million, with proceeds intended for general working capital and corporate purposes [1][3]. Group 1: Offering Details - The Company may sell shares through its sales agent, Aegis Capital Corp., at prevailing market prices, with the timing and volume of sales determined at the Company's discretion [1][2]. - The offering will be conducted under the existing effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [3]. Group 2: Company Overview - Inno Holdings Inc. focuses on building technology and electronic products trading, aiming to revolutionize the construction industry with proprietary cold-formed steel framing, AI-driven design, and automation [7]. - The Company is expanding its sales and distribution network to create greater commercial value for its business partners and enhance its own enterprise value [7].

Core Insights - INNO Holdings Inc. has entered into a Strategic Cooperation Memorandum of Understanding with STAR LIGHT TELECOM LIMITED to expand into the Middle East, Europe, and Africa markets, which is expected to significantly enhance its business scale and performance growth [2][3][4] Company Overview - INNO is a trade-focused building technology and electronic products trading company, aiming to enhance services and technologies while delivering high-quality products [1][5] - The company has a professional brand and marketing management system to facilitate the connection and operation of marketing channels globally [5] Strategic Cooperation - The partnership with SLTL will leverage its global supply chain system and trade channels to help INNO address supply chain challenges and reduce trade costs [2][3] - SLTL will provide warehouse logistics networks, localized resources, and compliance support to facilitate INNO's market entry into the MEEA region [3] Market Potential - The MEEA markets are identified as new growth drivers due to rising consumer demand, despite high barriers in supply chain establishment and localized channel development [3] - INNO anticipates that within two years, revenue from the MEEA region will significantly boost the company's existing business [4] Financial Outlook - The CEO of INNO highlighted that anticipated Federal Reserve rate cuts may lower capital costs, further accelerating business growth in the MEEA region [4] - Lower financing costs are expected to enhance the profit margin of INNO's trade business by reducing logistics costs [4] Future Plans - A special working group will be established to implement product selection and supply chain adaptation [4] - INNO aims to integrate SLTL's advantages to optimize its products and services for high-quality development in emerging markets [4]