Tue, May 20, 10:54 AM (35 days ago)
**JOCOM HOLDINGS CORP. (JHC) - Q1 2025 FINANCIAL SUMMARY** **Financial Health & Performance:** - **Revenue:** $0 for Q1 2025, down from $6,000 in Q1 2024. - **Profit Margins:** Net profit of $37,042 for Q1 2025, compared to a net loss of $4,358 in Q1 2024. - **Cash Flow:** Net cash used in operating activities was $48 for Q1 2025, compared to $21 in Q1 2024. - **Earnings Changes:** Significant improvement in net profit due to waivers on liabilities and foreign currency variations. - **Liquidity:** Cash and cash equivalents were $2,450 as of March 31, 2025, up from $113 in Q1 2024. **Trends & Uncertainties:** - **Revenue Trend:** Revenue declined to $0 in Q1 2025 from $6,000 in Q1 2024. - **Profitability:** Improved profitability in Q1 2025 due to other income and reduced expenses. - **Cash Flow:** Negative operating cash flow, indicating liquidity challenges. - **Uncertainties:** Dependence on a single client and related party transactions pose risks. **Future Operations Impact:** - **Growth:** Expects increased operations to result in more significant cash flow. - **Financing:** Relies heavily on financing activities for liquidity and capital resources. - **Controls:** Material weaknesses in internal controls and procedures, affecting financial reporting and oversight. **Key Metrics:** - **Total Assets:** $5,968 as of March 31, 2025. - **Total Liabilities:** $37,495 as of March 31, 2025. - **Stockholders' Equity:** $(31,527) as of March 31, 2025, indicating a negative equity position. **Conclusion:** JOCOM HOLDINGS CORP. showed improved profitability in Q1 2025 but faces liquidity challenges and operational uncertainties. The company relies on financing activities and needs to address material weaknesses in internal controls to ensure sustainable growth.