| SUMMARY OF IDENTIFIABLE ASSETS |
The
following table presents a summary of identifiable assets as of September 30, 2021 and June 30, 2021:
SUMMARY OF IDENTIFIABLE ASSETS
| |
|
As of |
|
|
As of |
|
| |
|
September 30,
2021
|
|
|
June 30,
2021
|
|
| Identifiable assets: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
2,089,513 |
|
|
$ |
2,067,474 |
|
| North America |
|
|
5,890,236 |
|
|
|
6,073,616 |
|
| Europe |
|
|
10,294,197 |
|
|
|
10,363,611 |
|
| Asia - Pacific |
|
|
62,614,718 |
|
|
|
68,101,560 |
|
| Consolidated |
|
$ |
80,888,664 |
|
|
$ |
86,606,261 |
|
|
| SUMMARY OF INVESTMENT UNDER EQUITY METHOD |
The
following table presents a summary of investment under equity method as of September 30, 2021 and June 30, 2021:
SUMMARY OF INVESTMENT UNDER EQUITY METHOD
| |
|
As of |
|
|
As of |
|
| |
|
September 30,
2021
|
|
|
June 30,
2021
|
|
| Investment in associates under equity method: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
367,512 |
|
|
$ |
396,403 |
|
| Asia - Pacific |
|
|
2,627,592 |
|
|
|
2,759,449 |
|
| Consolidated |
|
$ |
2,995,104 |
|
|
$ |
3,155,852 |
|
|
| SUMMARY OF OPERATING INFORMATION |
The
following table presents a summary of operating information for the three months ended September 30:
SUMMARY OF OPERATING INFORMATION
| |
|
For the Three Months |
|
| |
|
Ended September 30, |
|
| |
|
2021 |
|
|
2020 |
|
| Revenues from unaffiliated customers: |
|
|
|
|
|
|
|
|
| North America |
|
$ |
930,234 |
|
|
$ |
812,878 |
|
| Europe |
|
|
3,272,899 |
|
|
|
3,151,891 |
|
| Asia - Pacific |
|
|
9,217,628 |
|
|
|
8,682,609 |
|
| |
|
|
13,420,761 |
|
|
|
12,647,378 |
|
| Revenue from affiliated customers |
|
|
|
|
|
|
|
|
| Asia - Pacific |
|
|
- |
|
|
|
- |
|
| |
|
|
- |
|
|
|
- |
|
| Consolidated |
|
$ |
13,420,761 |
|
|
$ |
12,647,378 |
|
| |
|
|
|
|
|
|
|
|
| Intercompany revenue |
|
|
|
|
|
|
|
|
| Europe |
|
$ |
127,198 |
|
|
$ |
139,156 |
|
| Asia - Pacific |
|
|
2,560,100 |
|
|
|
2,158,628 |
|
| Eliminated |
|
$ |
2,687,298 |
|
|
$ |
2,297,784 |
|
| |
|
|
|
|
|
|
|
|
| Net income (loss) after taxes and before non-controlling interest: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
128,544 |
|
|
$ |
1,167,795 |
|
| North America |
|
|
(68,093 |
) |
|
|
(281,797
|
) |
| Europe |
|
|
191,443 |
|
|
|
603,016 |
|
| Asia - Pacific |
|
|
298,601 |
|
|
|
(365,537 |
) |
| Consolidated |
|
$ |
550,495 |
|
|
$ |
1,123,477 |
|
| |
|
|
|
|
|
|
|
|
| Depreciation and amortization: |
|
|
|
|
|
|
|
|
| North America |
|
$ |
566 |
|
|
$ |
1,954 |
|
| Europe |
|
|
98,848 |
|
|
|
108,008 |
|
| Asia - Pacific |
|
|
880,592 |
|
|
|
819,077 |
|
| Consolidated |
|
$ |
980,006 |
|
|
$ |
929,039 |
|
| |
|
|
|
|
|
|
|
|
| Interest expense: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
10,441 |
|
|
$ |
6,034 |
|
| North America |
|
|
- |
|
|
|
1,209 |
|
| Europe |
|
|
3,796 |
|
|
|
2,066 |
|
| Asia - Pacific |
|
|
86,776 |
|
|
|
94,018 |
|
| Consolidated |
|
$ |
101,013 |
|
|
$ |
103,327 |
|
| |
|
|
|
|
|
|
|
|
| Income tax expense: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
800 |
|
|
$ |
- |
|
| North America |
|
|
1,600 |
|
|
|
- |
|
| Europe |
|
|
- |
|
|
|
111,678 |
|
| Asia - Pacific |
|
|
165,227 |
|
|
|
152,616 |
|
| Consolidated |
|
$ |
167,627 |
|
|
$ |
264,294 |
|
|
| SUMMARY OF CAPITAL EXPENDITURES |
The
following table presents a summary of capital expenditures for the three months ended September 30:
SUMMARY OF CAPITAL EXPENDITURES
| |
|
For the Three Months |
|
| |
|
Ended September 30, |
|
| |
|
2021 |
|
|
2020 |
|
| Capital expenditures: |
|
|
|
|
|
|
|
|
| North America |
|
$ |
- |
|
|
$ |
1,521 |
|
| Europe |
|
|
54,380 |
|
|
|
57,429 |
|
| Asia - Pacific |
|
|
161,732 |
|
|
|
430,339 |
|
| Consolidated |
|
$ |
216,112 |
|
|
$ |
489,289 |
|
|