Exhibit 99.1

EUDA HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

	June 30, 2023			December 31, 2022
	(Unaudited)
ASSETS
CURRENT ASSETS
Cash	$	320,486		$	143,024
Restricted cash		-			641,461
Accounts receivable, net		880,226			1,851,503
Other receivables		20,261			7,467
Due from related parties		-			267,863
Prepaid expenses and other current assets		250,941			222,633
Forward purchase receivables		-			21,892,527
Total Current Assets		1,471,914			25,026,478
PROPERTY AND EQUIPMENT, NET		25,056			31,628
OTHER ASSETS
Prepaid expenses - non-current		429,115			478,061
Operating lease right-of-use assets		117,905			76,528
Finance lease right-of-use assets		34,175			16,345
Total Other Assets		581,195			570,934
Total Assets	$	2,078,165		$	25,629,040
LIABILITIES AND SHAREHOLDERS’ DEFICIT
CURRENT LIABILITIES
Short term loans - bank and private lender	$	299,057		$	204,240
Short term loans - related parties		236,873			-
Promissory note		160,000			170,000
Convertible notes		2,413,125			2,619,625
Convertible notes - related parties		-			782,600
Accounts payable		1,975,558			1,635,483
Other payables and accrued liabilities		1,653,034			1,592,815
Other payables - related parties		928,553			1,521,945
Operating lease liability		137,352			79,959
Finance lease liabilities		4,765			7,186
Prepaid forward purchase liabilities		-			20,321,053
Taxes payable		108,225			186,150
Total Current Liabilities		7,916,542			29,121,056
OTHER LIABILITIES
Operating lease liability - non-current		107,141			-
Finance lease liabilities - non-current		30,084			15,015
Total Other Liabilities		137,225			15,015
Total Liabilities		8,053,767			29,136,071
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ DEFICIT
Ordinary shares, no par value, unlimited shares authorized, 24,777,509 shares and 20,191,770 shares outstanding as of June 30, 2023 and December 31, 2022*		27,610,187			21,308,969
Shares subscription receivable		(280,000	)		-
Accumulated deficit		(33,218,092	)		(24,703,789	)
Accumulated other comprehensive loss		(102,425	)		(125,689	)
Total Euda Health Holdings Limited Shareholders’ Deficit		(5,990,330	)		(3,520,509	)
Noncontrolling interests		14,728			13,478
Total Shareholders’ Deficit		(5,975,602	)		(3,507,031	)
Total Liabilities and Shareholders’ Deficit	$	2,078,165		$	25,629,040

*Giving retroactive effect to reverse recapitalization effected on November 17, 2022

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EUDA HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

	For the Six Months Ended
	June 30, 2023			June 30, 2022
	(Unaudited)			(Unaudited)
REVENUES
Medical services	$	1,002,810		$	2,987,058
Medical services - related parties		-			135
Product sales		-			7,653
Property management services		1,803,010			2,100,214
Total Revenues		2,805,820			5,095,060
COST OF REVENUES
Medical services		744,897			1,067,055
Medical services - related party		-			496,383
Product sales		-			9,491
Property management services		1,359,320			1,590,243
Total Cost of Revenues		2,104,217			3,163,172
GROSS PROFIT		701,603			1,931,888
OPERATING EXPENSES:
Selling		531,095			650,800
General and administrative		4,063,863			2,930,932
Impairment loss on long-lived assets		124,662			-
Research and development		16,616			10,141
Total Operating Expenses		4,736,236			3,591,873
LOSS FROM OPERATIONS		(4,034,633	)		(1,659,985	)
OTHER INCOME (EXPENSE)
Interest expense, net		(18,759	)		(32,086	)
Gain on disposal of subsidiary		-			30,055
Change in fair value of prepaid forward purchase liabilities		(1,303,658	)		-
Loss on settlement of prepaid forward contracts		(2,635,816	)		-
Loss on debt settlement		(645,612	)		-
Other income, net		126,169			124,402
Total Other (Expenses) Income, net		(4,477,676	)		122,371
LOSS BEFORE INCOME TAXES		(8,512,309	)		(1,537,614	)
PROVISION FOR INCOME TAXES		862			97,953
NET LOSS		(8,513,171	)		(1,635,567	)
Less: Net income attributable to noncontrolling interest		1,132			2,226
NET LOSS ATTRIBUTABLE TO EUDA HEALTH HOLDINGS LIMITED	$	(8,514,303	)	$	(1,637,793	)
NET LOSS		(8,513,171	)		(1,635,567	)
FOREIGN CURRENCY TRANSLATION ADJUSTMENTS		23,382			2,698
TOTAL COMPREHENSIVE LOSS		(8,489,789	)		(1,632,869	)
Less: Comprehensive income attributable to noncontrolling interest		1,250			971
COMPREHENSIVE LOSS ATTRIBUTABLE TO EUDA HEALTH HOLDINGS LIMITED	$	(8,491,039	)	$	(1,633,840	)
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES*
Basic and diluted		21,125,241			9,253,333
LOSS PER SHARE
Basic and diluted	$	(0.40	)	$	(0.18	)

*Giving retroactive effect to reverse recapitalization effected on November 17, 2022

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