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SEGMENTS (Tables)
 9 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT REPORTING INFORMATION, BY SEGMENT

 

   IoT BPO
services		   IoT development services   IT maintenance
and support services		   Total Reportable segments 
For the three months ended June 30, 2023                    
Revenues  $289,065   $139,438   $151,188   $579,691 
Cost of revenue   153,912    101,990    188,921    444,823 
Gross loss   135,153    37,448    (37,733)   134,868 
Net loss from operations   (156,698)   (75,588)   (81,957)   (314,243)
Depreciation and amortization   6,474    3,123    3,386    12,983 

 

 

FLYWHEEL ADVANCED TECHNOLOGY, INC.

 

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

June 30, 2023 and 2022

UNAUDITED

 

   IoT BPO   IoT development   IT maintenance and support   Total Reportable 
   services   services   services   segments 

For the nine months ended June 30, 2023

                
Revenues  $298,267   $166,350   $151,709   $616,326 
Cost of revenue   177,021    121,640    235,303    533,964 
Gross loss   121,246    44,710    (83,594)   82,362 
Net loss from operations   (814,938)   (454,509)   (414,506)   (1,683,953)
Depreciation and amortization   10,224    5,702    5,201    21,127 

 

   June 30,   September 30, 
   2023   2022 
Segment of assets                   
IoT BPO services  $2,012,319   $- 
IoT development services   970,694    - 
IT maintenance and support services   1,052,492    - 
Total  $4,035,505   $-