Company: JOCM
Filing Date: 2025-05-05
Form Type: 10-K
Source: 0001641172-25-008460
Chunk: 623

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-05
Form: 10-K
Item: Item 10
Chunk 623
---
 
        
     (156,891)

    Balance as of December 31, 2023 (Audited) 
     57,680,500  
     5,768  
     570,132  
     (713,047) 
     -  
     (137,147)
  
    Balance 
     57,680,500  
     5,768  
     570,132  
     (713,047) 
     -  
     (137,147)

    Exchange Translation Reserve 
     -  
     -  
     -  
     -  
     67  
     67 

    Net profit for the year 2024 

     68,519  
        
     68,519 
  
    Net profit  (loss) 

     68,519  
        
     68,519 

    Balance as of December 31, 2024 (Audited) 
     57,680,500  
     5,768  
     570,132  
     (644,528) 
     67  
     (68,561)
  
    Balance 
     57,680,500  
     5,768  
     570,132  
     (644,528) 
     67  
     (68,561)

See accompanying notes to consolidated financial statements

F-5

JOCOM HOLDINGS CORP.

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR YEAR ENDED DECEMBER 31, 2024 AND 2023

(Currency expressed in United States Dollars (“US$”))

(Audited)

    For the year ended December 31, 2024  
    For the year ended December 31, 2023 

    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net profit/(loss) 
    $68,519  
    $(156,891)

    Adjustments to reconcile net profit/(loss) to net cash used in operating activities: 

    Allowance for doubtful debt 
    $-  
    $48,373 
  
    Reversal of allowance for doubtful debt 
    $(80,373) 
    $- 
  
    Depreciation and amortisation 
    $