Company: JOCM
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-022470
Chunk: 50

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 2
Chunk 50
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 subscription based web software. Via our wholly owned subsidiary, Jocom
Holdings Corp., we own the rights to a propriety analytics platform, “JOCOM AI SMART PLATFORM”, referred to herein as “the
Software”, which analyzes buying patterns and customer behaviors of consumers of grocery items within Malaysia. We also have an
interface that allows users to purchase and schedule grocery delivery. Our Software is able to integrate on our interface and analyze
data from the interface. Amongst other things, the Software can analyze customer behaviors, predict customers behaviors, and optimize
product placement.

3

Results
of Operation

For
the nine months ended September 30, 2025 and September 30, 2024

Revenues

The
Company generated revenue of $Nil and $18,000 for the nine months ended September 30, 2025 and 2024 respectively. The revenue was a result
of a service fee paid by a client to carry out data analytic services on the Southeast Asian online grocery market via our software solution.

Cost
of Revenue and Gross Profit

For
the nine months ended September 30, 2025 and 2024, the Company did not have any cost of revenue. The Company generated gross profits
of $Nil and $18,000 respectively for the nine months ended September 30, 2025 and 2024.

Other
Income

For
the nine months ended September 30, 2025 and 2024, the Company generated other income of $87,095 and $99,383 from waiver given on liabilities
and foreign currency variations and reversal of doubtful debts.

General
and administrative expenses

General
and administrative expenses for the nine months ended September 30, 2025 and 2024 amounted to $213,914 and $80,165 respectively.

Net
Profit/ (Loss)

The
net loss was $126,819 for the nine months ended September 30, 2025 as compared to net profit of $37,218 for the nine months ended September
30, 2024. The decrease in the net profit was mainly from higher operational expenses in which the company is moving in to long term strategies
on acquisitions.

Liquidity
and Capital Resources

As
of September 30, 2025, we had cash and cash equivalents of $22,987 as compared to $10,696, as of June 30, 2024. We expect increased levels
of operations going forward will result in more significant