GEO JS TECH GROUP CORP.
FINANCIAL STATEMENTS
March 31, 2022 and 2021
(UNAUDITED)
GEO JS Tech Group Corp.
Index to Financial Statements
(UNAUDITED) | |
Balance Sheets as at March 31, 2022 and 2021 | F-3 |
Statements of Income for the Years Ended March 31, 2022 and 2021 | F-4 |
Statements of Stockholders' Equity | F-6 |
Statements of Cash Flows | F-7 |
Notes to Financial Statements | F-8 |
GEO JS TECH GROUP CORP.
BALANCE SHEETS
AS AT MARCH 31, 2022 AND 2021
(UNAUDITED STATEMENT)
(Stated in US Dollars)
ASSETS | Notes | 2022 | 2021 | |||||||||
Current assets | ||||||||||||
Cash and cash equivalents | 2(d) | $ | 97,951 | $ | 35,693 | |||||||
Prepaid Deposit | 2(p) | 184,540 | 109,540 | |||||||||
Total current assets | $ | 282,491 | $ | 145,233 | ||||||||
Machinery, equipment and other depreciable assets, | $ | 928,201 | $ | 929,509 | ||||||||
net | 4 | |||||||||||
Mining assets | 2(g) | 210,000 | 210,000 | |||||||||
Other Investment | 14 | 0 | 0 | |||||||||
Total long term assets | $ | 1,138,201 | $ | 1,139,509 | ||||||||
TOTAL ASSETS | $ | 1,420,692 | $ | 1,284,742 | ||||||||
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||||||
Current liabilities | ||||||||||||
Accounts payable | $ | 0 | $ | 0 | ||||||||
Loans from shareholders | 5 | 1,389,362 | 1,286,170 | |||||||||
Payroll tax payable | 0 | 0 | ||||||||||
Total current liabilities | $ | 1,389,362 | $ | 1,286,170 | ||||||||
TOTAL LIABILITIES | $ | 1,389,362 | $ | 1,286,170 | ||||||||
1,286,170 | ||||||||||||
Long Term Liabilities | 14 | 1,389,362 | ||||||||||
Total Liabilities | 1,389,362 | 1,286,170 | ||||||||||
COMMITMENT AND CONTINGENCIES | 10 | 0 | 0 |
STOCKHOLDERS' EQUITY
Common stock at $0.001 par value,500,000,000 shares authorized, 207,530,000 and 205,530,000 shares issued and outstanding at March 31, 2022 and 2021
Additional paid-in capital
Accumulated deficit
Total Equity
11 | $ | 207,530 |
11 | 6,136,970 | |
6,313,170 | ||
$ | 31,330 |
$205,530 6,038,970 6,245,928
$-1,428
TOTAL LIABILITIES AND STOCKHOLDERS' | ||
EQUITY | $ | 1,420,692 |
See accompanying notes to financial statements
F - 3
$1,284,742
GEO JS TECH GROUP CORP.
STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
FOR THE YEARS ENDED MARCH 31, 2022 AND 2021
(UNAUDITED STATEMENT)
(Stated in US Dollars)
Notes | 2022 | 2021 | |||||||
Net revenues | 2(j) | $ | 895,735 | $ | 456,220 | ||||
Cost of net revenues | (775,140) | (379,608) | ) | ||||||
Gross(loss) / profit | $ | 120,595 | $ | 76,612 | |||||
Operating expenses | $ | (185,371) | $ | (268,437) | |||||
Loss from operations | $ | (64,777) | $ | (191,825) | |||||
Interest income | 0 | 0 | |||||||
Interest expense | 5 | 0 | 0 | ||||||
Loss before income taxes | $ | (64,777) | $ | (191,825) | |||||
Income taxes | 7 | 0 | 0 | ||||||
Net profit loss | $ | (64,777) | $ | (191,825) | |||||
Net loss per share - Basic and diluted | $ | (0.0003) | $ | (0.0009) | |||||
Weighted average no. of common stock - Basic and diluted | 13 | 207,530,000 | 205,530,000 |
See accompanying notes to financial statements
F - 4
GEO JS TECH GROUPCORP.
STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
FOR THREE MONTHS ENDED MARCH 31, 2022 AND 2021
(UNAUDITED STATEMENT)
(Stated in US Dollars)
Three months ended | Three months ended | ||||||||
Notes | Mar 31 ,2022 | Mar 31 ,2021 | |||||||
Net revenues | 2(j) | $ | 230,281 | $ | 151,405 | ||||
Cost of net revenues | -198,528 | -150,619 | |||||||
Gross(loss) / profit | $ | 31,753 | $ | 786 | |||||
Operating expenses | $ | -34,726 | $ | -64,325 | |||||
Loss from operations | $ | -2,973 | $ | -64,325 | |||||
Interest income | 0 | 0 | |||||||
Interest expense | 0 | 0 | |||||||
Loss before income taxes | $ | -2,973 | $ | -64,325 | |||||
Income taxes | 7 | 0 | 0 | ||||||
Net profit loss | $ | -2,973 | $ | -64,325 | |||||
Net loss per share - Basic and diluted | $ | -0.0000 | $ | -0.0003 | |||||
See accompanying notes to financial statements
F - 5
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Geo Js Tech Group Corp. published this content on 07 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2022 23:21:08 UTC.