Company: SCTH
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001017386-25-000148
Chunk: 32

Company: Securetech Innovations, Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 8
Chunk 32
---
 of 2024. Our gross profit margin was 26.9% during the three months ended September 30, 2025.

Operating Expenses

Three Months Ended September 30,

2025

2024

Operating expenses:

General and administrative
$
328,638
$
81,642

Selling and marketing expenses
 
18,956
 
-

Research and development
 
83,528
 
-

Operating expenses
$
431,122
$
81,642

Our operating expenses for the fiscal period consisted of three components: general and administrative expenses, selling and marketing expenses, and research and development expenses. Total operating expenses were $431,122 during the three months ended September 30, 2025, compared to $81,642 for the same period of 2024, representing an increase in operating expenses of $349,480, or 428.1%, from the three months ended September 30, 2024. The increase in operating expenses is a result of SecureTech’s acquisition of AI UltraProd.

36

Profit (Loss) From Operations

As a result of the foregoing, our profit from operations was $574,327 during the three months ended September 30, 2025, compared with a loss of ($81,642) for the same period of 2024. The swing from an operating loss to an operating profit is the result of SecureTech’s acquisition of AI UltraProd.

Other Income (Expense)

Our other income (expense) is comprised of bank interest received on cash deposits, interest paid on outstanding loans, and other non-operating items. During the three months that ended September 30, 2025, we generated $31,274 in other income compared to a loss of ($2,061) in other income (expense) for the same period of 2024.

Net Profit (Loss)

The result was that our net profit was $543,053 during the three months ended September 30, 2025, compared with a net loss of ($83,703) for the same period of 2024. After taking into consideration non-controlling interests of $52,054 for the three months ended September 30, 2025, SecureTech generated a net profit of $490,999 that was attributable to SecureTech’s shareholders.

Comparison of the Nine Months Ended September 30, 2025 and 2024

The following table sets forth the results of our operations for the nine months ended September 30, 2025 and 202