The following discussion and analysis should be read in conjunction with our Financial Statements and the notes thereto, set forth in Item 8. "Financial Statements" as set forth in our Annual Report on Form 10-K for the year ended December 31, 2021, and the Condensed Consolidated Financial Statements and notes thereto included in Part I of this Quarterly Report on Form 10-Q. The following discussion may contain forward looking statements. For additional information, see "Disclosure Regarding Forward Looking Statements" in Part I of this Quarterly Report on Form 10-Q.





OVERVIEW

Crown Equity Holdings Inc. ("Crown Equity") was incorporated in August 1995 in Nevada. The Company is offering its services to companies seeking to become public entities in the United States. It has launched a website, www.crownequityholdings.com, which offers its services in a wide range of fields. The Company provides various consulting services to companies and individuals dealing with corporate structure and operations globally. The Company also provides public relations and news dissemination for publicly and privately held companies.

In December 2010, the Company formed two wholly owned subsidiaries Crown Tele Services, Inc. and CRWE Direct, Inc. Crown Tele Services, Inc. was formed to provide voice over internet ("VoIP") services to clients at a competitive price and Crown Direct, Inc. was formed to provide direct sales to customers. Both entities had minimum sales during the quarter.

In March 2011, the Company formed a wholly owned subsidiary CRWE Real Estate, Inc. as a subsidiary to engage in potential real estate holdings. The entity had minimal activity during the quarter.

The Company has focused its primary vision to using its network of websites to provide advertising and marketing services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information. The Company offers Internet media-driven advertising services, which cover and connect a wide range of marketing specialties, as well as search engine optimization for clients interested in online media awareness. As part of its operations, the Company has utilized the services of software and hardware technicians in developing its websites and adding additional websites. This allows the Company to disseminate news and press releases for its customers as well as general news and financial information on a much bigger scale than it did previously. The Company markets its services to companies seeking market awareness of them and the services or goods that they offer. The Company then publishes information concerning these companies on its many websites

Crown Equity's office is located at 11226 Pentland Downs Street, Las Vegas, NV 89141.

As of June 30, 2022, Crown Equity has 4 employees and utilized the services of one independent contractor and the following four officers, Mike Zaman, Kenneth Bosket, Montse Zaman and Vinoth Sambandam.





RESULTS OF OPERATIONS

Three months ended June 30, 2022, Compared to the Three months ended June 30, 2021

For the three months ended June 30, 2022, revenues were $2,563 and $5,595 for the same period in 2021.

Revenues for the three months ended June 30, 2022 was lower compared to the same period in 2021 primarily due to less advertising income earned from related parties, as well as less publishing and distributing income earned.

Operating expenses were $124,763 for the three months ended June 30,2022 and $125,351 for the same period in 2021.

Other income (expenses) for the three-month period ended June 30, 2022 were $82,685 and $35,821 for the same quarter in 2021. The increase in other expenses was primarily due to an increase in Gain (loss) on Stocks Held or Sold of $80,717.

Interest expense for the three months ended June 30, 2022 and 2021 was $872 and $2,308, respectively.

Six months ended June 30, 2022, Compared to the Six months ended June 30, 2021

For the six months ended June 30, 2022, revenues were $2,707 and $12,325 for the same period in 2021.

Revenues for the six months ended June 30, 2022 was significantly lower compared to the same period in 2021 primarily due to loss of advertising income from related party earned, as well as for drop in publishing and distributing.






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Operating expenses were $254,507 for the six months ended June 30,2022 and $264,415 for the same period in 2021.

Other income(expenses) for the six-month period ended June 30, 2022 were ($258,622) and $14,723 for the same period in 2021. The increase in other expenses was primarily due to an increase in Gain (loss) on Stocks Held or Sold.

Interest expense for the three months ended June 30, 2022 and 2021 was $1,438 and $3,250, respectively.

LIQUIDITY AND CAPITAL RESOURCES

As of June 30, 2022, Crown Equity had current assets of $438,396and current liabilities of $1,212,645 resulting in working capital deficit of $1,174,249. Net cash used by operating activities for the six months ended June 30, 2022, was $50,779compared to net cash used of $15,557 for the same period in 2021.

Net cash provided by investing activities was $37,000 and $0 for the six months ended June 30, 2022, and 2021, respectively.

Net cash provided by financing activities during the six months ended June 30, 2022, was $16,077 compared to net cash provided of $15,372 for the same period in 2021. For the six months ended June 30, 2022, we borrowed $14,500 from related parties compared to $18,616 for the same period in 2021.

Our existing capital may not be sufficient to meet Crown Equity's cash needs, including the costs of compliance with the continuing reporting requirements of the Securities Exchange Act of 1934, as amended. This condition raises substantial doubt as to Crown Equity's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if Crown Equity is unable to continue as a going concern.

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