OPERATING LEASES (Tables)

3 Months Ended

Dec. 31, 2024

The components of rent expense and supplemental cash flow information related to leases for the period are as follows:

	2024			2023
	For the three months ended December 31,
	2024			2023
Lease Cost

Operating lease cost	$	20,163		$	-

Other Information
Weighted average remaining lease term – operating leases (in years)		2.5			-
Weighted average discount rate for operating lease		3.26	%		-

Operating lease right-of-use asset for the year ended September 30, 2024 is as follows:

Right-of-use assets, net as of September 30, 2024	$	214,063
Less: amortization		(18,284	)
Foreign exchange translation		(6,554	)
Right-of-use assets, net as of December 31, 2024		189,225

Operating lease liabilities for the year ended December 31, 2024 is as follows:

Lease liability at September 30, 2024	$	214,063
Add: imputed interest		1,605
Less: principal repayment		(19,889	)
Foreign exchange translation		(6,554	)
Lease liability at December 31, 2024	$	189,225

Lease liability current portion	$	73,845
Lease liability non-current portion		115,380
Total operating lease liability	$	189,225

Maturities of the Company’s lease liabilities are as follows:

Year ending September 30:


2025	$	59,031
2026		78,708
2027		59,031
Total lease payments		196,770
Less: Imputed interest		(7,545	)
Present value of operating lease liabilities	$	189,225

DFP HOLDINGS Ltd 10-Q