AUC on Nasdaq
ATIF Holdings Ltd
Management consulting services company, listed on Nasdaq (AUC)1
In its 2025 annual report (Form 20-F) the company says: “ATIF Investment conducts the Company’s investment-related activities, including project investments and IPO-related investments.”6 It is headquartered in Lake Forest, California.1
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Last updated Oct 21, 2026.
Overview
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- TickerAUC on Nasdaq1
- IndustryServices-Management Consulting Services1
- HeadquartersLake Forest, California1
- Incorporated inVirgin Islands, British4
- Business address25391 Commercentre Dr., Ste 200, Lake Forest, Ca 926304
- Filer categoryNon-accelerated filer4
- Legal formCorporation
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Our management and LGC’s management also had different views of LGC’s future business direction.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Other costs95¢$66.7K
- Income tax5¢$3.3K
Out of $70.0K in revenue.23 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.15
| Period ending | 2025-07-31 | 2024-07-31 | 2023-07-31 |
|---|---|---|---|
| Revenues | $1.2M | $620.0K | $2.5M |
| Selling expenses | -$120.0K | -$333.5K | -$207.2K |
| General and administrative expenses | -$1.9M | -$2.3M | -$2.2M |
| Reversal (Provision) against accounts receivable due from a related party | $19.1K | -$762.0K | |
| Total operating expenses | -$2.0M | -$2.6M | -$3.2M |
| Loss from operations | -$842.3K | -$2.0M | -$760.9K |
| Interest income | $60.9K | $26 | $1.9K |
| Other Income (Expense) | -$260.0K | -$846.9K | $314.5K |
| Provision against due from buyers of LGC | -$2.7M | ||
| Gain (loss) from investment in trading securities | -$3.6M | -$381.4K | $192.1K |
| Gain from disposal of subsidiaries and VIE | $56.0K | ||
| Total other expense, net | -$3.8M | -$1.2M | -$2.1M |
| Loss before income taxes | -$4.6M | -$3.2M | -$2.9M |
| Income tax provision | -$3.3K | -$31.2K | |
| Net loss and comprehensive loss | -$4.6M | -$3.2M | -$2.9M |
| Loss per share basic (in Dollars per share) | -$5.57 | -$5.61 | -$5.39 |
| Loss per share diluted (in Dollars per share) | -$5.57 | -$5.61 | -$5.39 |
| Weighted Average Shares Outstanding Basic (in Shares) | 825.5K shares | 569.3K shares | 534.9K shares |
| Weighted Average Shares Outstanding Diluted (in Shares) | 825.5K shares | 569.3K shares | 534.9K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.15
| Period ending | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Cash and cash equivalents | $9.0M | $1.2M |
| Accounts receivable | $750.0K | $200.0K |
| Deposits | $3.0K | |
| Investment in trading securities | $116.6K | $424.1K |
| Prepaid expenses and other current assets | $622.1K | $122.2K |
| Total current assets | $10.4M | $2.9M |
| Property and equipment, net | $60.0K | |
| Right-of-use lease assets, net | $53.8K | |
| Total Assets | $10.4M | $3.0M |
| Accounts payable, accrued expenses and other current liabilities | $506.0K | $957.1K |
| Taxes payable | $20.0K | $20.0K |
| Lease liabilities, current | $11.4K | |
| Current portion of long-term payables | $250.0K | |
| Total current liabilities | $775.9K | $988.4K |
| Lease liabilities, noncurrent | $20.4K | |
| Long-term payables | $250.0K | |
| Total liabilities | $775.9K | $1.3M |
| Ordinary shares, $0.001 par value, 100,000,000,000 shares authorized, 1,313,373 shares and 662,081 shares issued and outstanding as of July 31, 2025 and 2024, respectively | $23.6K | $11.9K |
| Additional paid-in capital | $45.1M | $32.6M |
| Accumulated deficit | -$35.5M | -$30.9M |
| Total Shareholders Equity | $9.7M | $1.8M |
| Total Liabilities and Shareholders Equity | $10.4M | $3.0M |
| Ordinary shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Ordinary shares, authorized (in Shares) | 100.0B shares | 100.0B shares |
| Ordinary shares, issued (in Shares) | 1.3M shares | 662.1K shares |
| Ordinary shares, outstanding (in Shares) | 1.3M shares | 662.1K shares |
| Period ending | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Cash and cash equivalents | $9.0M | $1.2M |
| Accounts receivable | $750.0K | $200.0K |
| Deposits | $3.0K | |
| Investment in trading securities | $116.6K | $424.1K |
| Prepaid expenses and other current assets | $622.1K | $122.2K |
| Total current assets | $10.4M | $2.9M |
| Property and equipment, net | $60.0K | |
| Right-of-use lease assets, net | $53.8K | |
| Total Assets | $10.4M | $3.0M |
| Accounts payable, accrued expenses and other current liabilities | $506.0K | $957.1K |
| Taxes payable | $20.0K | $20.0K |
| Lease liabilities, current | $11.4K | |
| Current portion of long-term payables | $250.0K | |
| Total current liabilities | $775.9K | $988.4K |
| Lease liabilities, noncurrent | $20.4K | |
| Long-term payables | $250.0K | |
| Total liabilities | $775.9K | $1.3M |
| Ordinary shares, $0.001 par value, 100,000,000,000 shares authorized, 1,313,373 shares and 662,081 shares issued and outstanding as of July 31, 2025 and 2024, respectively | $23.6K | $11.9K |
| Additional paid-in capital | $45.1M | $32.6M |
| Accumulated deficit | -$35.5M | -$30.9M |
| Total Shareholders Equity | $9.7M | $1.8M |
| Total Liabilities and Shareholders Equity | $10.4M | $3.0M |
| Ordinary shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Ordinary shares, authorized (in Shares) | 100.0B shares | 100.0B shares |
| Ordinary shares, issued (in Shares) | 1.3M shares | 662.1K shares |
| Ordinary shares, outstanding (in Shares) | 1.3M shares | 662.1K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.15
| Period ending | 2025-07-31 | 2024-07-31 | 2023-07-31 |
|---|---|---|---|
| Net loss | -$4.6M | -$3.2M | -$2.9M |
| Depreciation and amortization | $6.3K | $112.0K | $138.8K |
| Amortization of right of use assets | $9.0K | $273.4K | $434.1K |
| Reversal of provision against accounts receivable due from a related party | -$19.1K | $762.0K | |
| Loss on disposal of property and equipment | $53.8K | $49.7K | |
| Loss from early termination of an operating lease | $13.0K | $7.7K | |
| Loss from investment in trading securities | $3.6M | $381.4K | -$192.1K |
| Provision against due from buyers of LGC | $2.7M | ||
| Loss from disposal of a subsidiary | $69.0K | ||
| Accounts receivable | -$550.0K | $650.0K | -$650.0K |
| Accounts receivable - related parties | $400.0K | -$600.0K | |
| Deposits | $3.0K | $83.0K | $55.0K |
| Prepaid expenses and other current assets | -$499.9K | $309.6K | $221.6K |
| Deferred revenue | -$70.0K | -$20.8K | |
| Taxes payable | -$11.2K | $31.2K | |
| Accrued expenses and other current liabilities | -$451.1K | $1.3M | -$2.0M |
| Lease liabilities | -$349.1K | -$422.9K | |
| Net cash used in operating activities | -$2.5M | -$120.5K | -$2.3M |
| Purchases of property and equipment | -$5.1K | -$1.4K | |
| Proceeds from disposal of property and equipment | $72.0K | ||
| Net investment in short-term investments | $362.1K | -$674.9K | $429.8K |
| Collection (prepayment) made to a related party | $900.0K | -$900.0K | |
| Loans to (collection of loans from) a related party | -$40.5K | ||
| Net cash provided by (used in) investing activities | $1.3M | -$1.6M | $459.8K |
| Borrowings from a related party | $730.0K | ||
| Proceeds from issuance of ordinary shares | $8.9M | $2.3M | |
| Net cash provided by financing activities | $8.9M | $2.3M | $730.0K |
| Net increase (decrease) in cash | $7.7M | $643.4K | -$1.1M |
| Cash paid for income tax | $6.7K | $14.5K | |
| Right-of-use assets obtained in exchange for operating lease obligations | $67.6K | $109.5K | |
| Issuance of ordinary shares to settle payroll payable due to a management | $349.9K | ||
| Waive of liabilities by a related party | $712.3K | ||
| Disposal of right-of-use assets with decrease of operating lease obligations | $799.2K | ||
| Capital contribution from a shareholder in the form of trading securities | $3.6M |
No quarter-by-quarter statement was filed.
Corporate structure
ATIF Holdings Ltd sits at the top of its group. 6 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of ATIF Holdings Ltd
- Jun Liu Filed SCHEDULE 13D/A on ATIF Holdings Ltd, latest Jan 24, 2025 (3 filings since Jan 19, 2022)
- Jinglin Lu Filed SCHEDULE 13G/A on ATIF Holdings Ltd, latest Jan 22, 2025 (2 filings since May 1, 2024)
- ATIF Holdings Ltd Lake Forest, California
- ATIF BD LLC Subsidiary · California, United States
- ATIF Business Consulting LLC Subsidiary · California, United States
- ATIF Business Management LLC Subsidiary · California, United States
- ATIF Inc. Subsidiary · California, United States
- ATIF Investment Limited Subsidiary · British Virgin Islands
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What ATIF Holdings Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Furniture and fixtures | $209.3K2 Jul 31, 2024 | $204.2K2 Jul 31, 2023 | +2.5% |
| Property and equipment, before depreciation | $204.2K12 Jul 31, 2023 | $350.9K12 Jul 31, 2022 | −41.8% |
| Accumulated depreciation | $149.2K2 Jul 31, 2024 | $110.6K2 Jul 31, 2023 | +35.0% |
| Property and equipment, net | $60.0K2 Jul 31, 2024 | $93.6K2 Jul 31, 2023 | −35.9% |
| Operating-lease assets (leased space) | $53.8K2 Jul 31, 2024 | $1.1M2 Jul 31, 2023 | −94.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2M2 Jul 31, 2024 | $606.0K2 Jul 31, 2023 | +106.2% |
| Marketable securities, current | $424.1K2 Jul 31, 2024 | $130.6K2 Jul 31, 2023 | +224.6% |
Intangibles and goodwill
Leadership
Who has led ATIF Holdings Ltd, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief financial officerShibin Yu Mar 27, 2026 to now16
- Chief financial officerYue Ming Aug 1, 2022 to Aug 1, 202217
Board members and other officers (5)
- Independent DirectorSyed Iqbal Shah Mar 27, 2026 to now18
- Independent DirectorYingying Guo Mar 27, 2026 to now19
- Independent DirectorZhelun Zhou Mar 27, 2026 to now20
- Board memberLiu Kwong Sang Aug 1, 2022 to Aug 1, 202221
- Board memberYue Ming Aug 1, 2022 to Aug 1, 202217
Named in SEC Form D filings
People the company listed in its private-offering notices.
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- ATIF BD LLC California5
- ATIF Business Consulting LLC California5
- ATIF Business Management LLC California5
- ATIF Inc. California5
- ATIF Investment Limited British Virgin Islands5
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Asia Times Holdings LtdOct 15, 2018 to Feb 12, 20194
Timeline
- Jul 31, 20258-K Unregistered sale of shares23
- Jul 22, 20258-K Entered a material agreement24
- Jul 3, 20258-K Listing notice or transfer25
- Feb 26, 20258-K Change of auditor26
- Feb 20, 20258-K Executive or director change27
- Feb 12, 20258-K Executive or director change; Other events28
- Feb 5, 20258-K Entered a material agreement; Regulation FD disclosure29
- Jan 23, 20258-K Executive or director change; Other events30
- Jan 21, 20258-K Entered a material agreement31
- Jan 7, 20258-K Executive or director change32
- Dec 17, 20248-K Listing notice or transfer; Other events33
- Nov 27, 20248-K Listing notice or transfer34
Calendar
Coming up
- Dec 8, 2026Reports results for the quarter ending Jul/202635
When it reported results
- Mar 24, 2023Reported quarterly or annual results36
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
106 filings to the SEC since October 2021: 5 annual reports, 10 quarterly reports, 23 major events, 12 insider forms, 5 large holders, 1 private raises, 50 other. The latest 20:
- Sep 10, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 31, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 15, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 5, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Mar 27, 20263 PRIMARY DOCUMENT EDGAR
- Mar 27, 20263 PRIMARY DOCUMENT EDGAR
- Mar 27, 20263 PRIMARY DOCUMENT EDGAR
- Mar 27, 20263 PRIMARY DOCUMENT EDGAR
- Mar 27, 20263 PRIMARY DOCUMENT EDGAR
- Jan 13, 2026EFFECT EDGAR
- Jan 9, 2026CORRESP EDGAR
- Jan 2, 2026UPLOAD EDGAR
- Dec 29, 2025F-3 REGISTRATION STATEMENT EDGAR
- Dec 9, 202520-F ANNUAL REPORT EDGAR
- Nov 28, 2025NT 20-F NOTIFICATION OF LATE FILING EDGAR
- Oct 15, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 28, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 1, 20256-K EDGAR
- Jul 31, 20258-K CURRENT REPORT EDGAR
- Jul 22, 20258-K CURRENT REPORT EDGAR
The 106 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $2.3M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2024 | $2.3M | $2.3M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
SEC filer profile
How ATIF Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARATIF Holdings Ltd1
- CIK0001755058
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company6
- Incorporated inBritish Virgin Islands6
- Fiscal year endsJuly 311
- Industry code (SIC)8742 Services-Management Consulting Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address25391 Commercentre Dr., Ste 200, Lake Forest, CA 926301
- Phone308-888-88881
- Shares outstanding23,639,787 shares as of Jul 31, 20256
- Public float$5.1M as of Jan 31, 20242
- AuditorLI CPA, LLC, Aurora Colorado PCAOB ID 7093; no auditor attestation of internal control over financial reporting6
- On EDGAR sinceOct 15, 20181
- Filings191 in all: 6-K (44), 8-K (22), CORRESP (12), 3 (10), 10-Q (9), 424B3 (9), UPLOAD (9), EFFECT (8)1
All 46 form types
SC 13G (5), 20-F (4), 424B5 (4), SC 13D/A (4), 10-K (3), F-1 (3), F-1/A (3), NT 10-K (3), NT 20-F (3), D (2), DEF 14A (2), F-3 (2), S-3 (2), S-3/A (2), SC 13D (2), SC 13G/A (2), 10-Q/A (1), 144 (1), 144/A (1), 3/A (1), 4 (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), F-3/A (1), FWP (1), NT 10-Q (1), POS AM (1), POS EX (1), RW (1), S-1 (1), S-1/A (1), SCHEDULE 13D/A (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (20-F) Dec 9, 2025
Quarterly report (10-Q) Jun 6, 2025
Proxy statement (DEF 14A) Jun 27, 2024
Latest 8-K (8-K) Jul 31, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, par value US$0.001 per share | ZBAI | Nasdaq |
From the cover page of the 20-F filed Dec 9, 2025 (Section 12(b) of the Exchange Act).6
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARShibin Yu, Chief financial officer
- 17SEC EDGARYue Ming, Chief financial officer
- 18
- 19SEC EDGARYingying Guo, Independent Director
- 20SEC EDGARZhelun Zhou, Independent Director
- 21SEC EDGARLiu Kwong Sang, Board member
- 22
- 23SEC EDGARUnregistered sale of shares
- 24SEC EDGAREntered a material agreement
- 25SEC EDGARListing notice or transfer
- 26SEC EDGARChange of auditor
- 27SEC EDGARExecutive or director change
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- 31SEC EDGAREntered a material agreement
- 32SEC EDGARExecutive or director change
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- 34SEC EDGARListing notice or transfer
- 35NasdaqNasdaq calendar
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