Company: SCTH
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001017386-25-000148
Chunk: 33

Company: Securetech Innovations, Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 8
Chunk 33
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4.

Nine months ended September 30,

2025

2024

Sales
$
3,736,527
$
14,235

Cost of goods sold
 
(2,731,078)
 
(3,421)

Gross profit
 
1,005,449
 
10,814

Operating expenses
 
(431,122)
 
(265,867)

Profit (loss) from operations
 
574,327
 
(255,053)

Other (expense)
 
(31,274)
 
(3,838)

Net profit (loss)
$
543,053
$
(258,892)

Less: net profit (loss) attributable to non-controlling interests
 
52,054
 
-

Net profit (loss) attributable to SecureTech shareholders
 
490,999
 
(258,892)

Sales

Sales for the nine months ended September 30, 2025, totaled $3,736,527, compared to $14,235 for the same period in 2024, representing an increase of $3,722,292, or a 26,148.9% increase compared to the previous fiscal period. The increase in sales is the result of SecureTech’s acquisition of AI UltraProd. Sales were attributable as follows:

Three months ended September 30,

2025

2024

AI UltraProd products
$
3,338,975
$
-

AI UltraProd services
 
397,552
 
-

Top Kontrol 
 
-
 
14,235

Total sales
 
3,736,527
 
14,235

Cost of Goods Sold

Cost of goods sold for the nine months ended September 30, 2025, was $2,731,078, compared to $3,421 for the same period of 2024. As a percentage of overall sales, the cost of goods sold was 73.1% during the nine months ended September 30, 2025.

37

Gross Profit

Our gross profit for the nine months ended September 30, 2025, was $1,005,449, compared to $10,814 for the same period in 2024. Our gross profit margin was 26.9% during the nine months ended September 30, 2025.

Operating Expenses

Nine Months Ended September 30,

2025

2024

Operating expenses:

General and administrative
$
506,431
$
265,868

Selling and marketing expenses
 
18