Company: JOCM
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-022470
Chunk: 45

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 45
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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 cash flow.

We
depend substantially on financing activities to provide us with the liquidity and capital resources we need to meet our working capital
requirements and to make capital investments in connection with ongoing operations.

Cash
Generated / Used In Operating Activities

For
the nine months ended September 30, 2025, net cash used in operating activities was $479,644 and net cash generated from operating activities
is $10,493 for the nine months ended September 30, 2024. The cash used in operating activities was mainly for payment of general and
administrative expenses.

Cash
Generated/ Used In Investing Activity

For
the period from January 1, 2025 to September 30, 2025, the net cash generated from investing activity was $1 and for the period from
January 1, 2024 to September 30, 2024, there was no cash used for the investing activity.

Cash
Generated/ Used in Financing Activity

For
the period from January 1, 2025 to September 30, 2025, net cash generated financing activity of $800,000 was from the proceed from issuance
of common stocks.

For
the period from January 1, 2024 to September 30, 2024, there was no net cash used in the financing activity.

4

Credit
Facilities

We
do not have any credit facilities or other access to bank credit.

Off-balance
Sheet Arrangements

We
have no significant