Company: JOCM
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-022470
Chunk: 6

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 6
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, 2025 AND 2024

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

    2025  
    2024 

    Nine months ended September 30 

    2025  
    2024 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net (loss)/profit 
    $(126,819) 
    $37,218 
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Closure of subsidiary 
     2,037  
     - 
  
    Written off of intangible assets 
     1  

    Reversal of allowance for doubtful debt 
     -  
     (80,373)

    Changes in operating assets and liabilities: 

    Trade receivable and other receivable 
     -  
     80,373 
  
    Other receivable 
     (42) 
     - 
  
    Deposits and prepayments 
     (342,959) 
     (2,941)
  
    Other payables and accruals 
     (11,862) 
     (26,689)
  
    Amount due to directors 
     -  
     2,905 
  
    Net cash generated (used in)/generated from operating activities 
     (479,644) 
     10,493 

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Proceeds from issuance of common stocks 
     800,000  

    Subscription receivable 
     (300,000) 
     - 
  
    Net cash generated from financing activities 
     500,000  
     - 

    Effect of exchange rate changes on cash and cash equivalent 
     150  
     69 

    Net increase in cash and cash equivalents 
     20,506  
     10,562 
  
    Cash and cash equivalents, beginning of period 
     2,481  
     134 
  
    CASH AND CASH EQUIVALENTS, END OF PERIOD 
    $22,987  
    $10,696 
  
    SUPPLEMENTAL CASH FLOWS INFORMATION 

    Income taxes paid 
    $-  
    $- 
  
    Interest paid 
    $