Mon, Apr 14, 8:58 PM (33 days ago)
**Two Hands Corporation (TWOH) - Financial Summary** **Financial Performance:** - **Revenue:** $709,526 (2024) vs. $783,489 (2023) - **Net Income:** -$2,433,970 (2024) vs. -$8,163,662 (2023) - **Operating Expenses:** $1,217,145 (2024) vs. $1,341,299 (2023) - **Earnings per Share:** -$0.00 (2024) vs. -$0.56 (2023) **Strategic Overview:** - Focus on grocery market through Cuore Food Services. - Plans to reposition for future growth outside of wholesale food distribution. - New business in artisan crafted denim and premium combed Pima cotton yarns. **Future Outlook:** - Strategic transition away from legacy business. - Expansion of storage, warehousing, and delivery capabilities. - Enhancement of product offerings with fresh, natural, and organic foods. **Risk Factors:** - Competition from other wholesalers and non-traditional competitors. - Dependence on key management personnel. - Challenges in attracting and retaining customers. - Supply chain disruptions and product safety concerns. - Cybersecurity and data protection risks. **Financial Condition:** - Cash: $1,733 (2024) - Total Liabilities: $3,665,969 (2024) - Stockholders' Deficit: -$3,568,234 (2024) - Working Capital Deficiency: -$3,580,522 (2024) **Market Position Changes:** - Traded on OTC Pinks under the symbol "TWOH." - Closing bid price on April 11, 2025: $0.0048. - 5,469,037,729 shares outstanding as of April 11, 2025. **Note:** Amounts are in thousands, 000s.