NEXT DYNAMICS INC.

Interim Consolidated Financial Statements

June 30, 2022

(in United States dollars)

(Unaudited)

8530 CHAMP D'EAU, SUITE 202

MONTRÉAL, QUÉBEC H1P 1Y3

Tel: 514-328-9711 Cell: 514-983-8499

Email: frlaposta@gmail.com

NEXT DYNAMICS INC.

Interim Consolidated Financial Statements June 30, 2022

(in United States dollars) (Unaudited)

INDEX

Interim Report

1

Consolidated Interim Financial Statements

Consolidated Interim Balance Sheet

2

Consolidated Interim Statements of operations

3

Consolidated Interim Statement of cash flows

4

Consolidated Interim Statements of changes in stockholders' deficit

5

Notes to Consolidated Interim Financial Statements

6 - 15

LA POSTA & ASSOCIATES

8530 CHAMP D'EAU, SUITE 202

MONTRÉAL, QUÉBEC H1P 1Y3

Tel: 514-328-9711 Cell: 514-983-8499

Email: frlaposta@gmail.com

INDEPENDENT AUDITOR'S REVIEW

To the shareholders of and the Board of Directors of

NEXT DYNAMICS INC.

We have reviewed the accompanying consolidated interim balance sheet of NEXT DYNAMICS INC. as of June 30, 2022 and the related consolidated interim statements of operations, interim statement of changes in stockholders' deficit and interim statement of cash flows for the period of three months then ended. A review includes primarily applying analytical procedures to management's financial data and making inquiries of company management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, we do not express such an opinion.

Management Responsibility Paragraph

Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America for designing, implementing, and maintaining internal control relevant to the preparation and fair presentation of the financial statements.

Accountant's Responsibility

Our responsibility is to conduct the reviews in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. Those standards require us to perform procedures to obtain limited assurance that there are no material modifications that should be made to the financial statements. We believe that the results of our procedures provide a reasonable basis for our report.

Limited Assurance Paragraph

Based on our reviews, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in conformity with accounting principles generally accepted in the United States of America.

Montreal, Quebec, Canada

August 5, 2022

CPA auditor, CA, public accountancy permit No. A106908

1

8530 CHAMP D'EAU, SUITE 202

MONTRÉAL, QUÉBEC H1P 1Y3

Tel: 514-328-9711 Cell: 514-983-8499

Email: frlaposta@gmail.com

NEXT DYNAMICS INC.

Consolidated Interim Balance Sheet As at June 30, 2022

(in United States dollars) (Unaudited)

Unaudited

Audited

June 30

December 31

2022

2021

Current Assets

$

$

Cash

77,792

255,192

Prepaid expenses and other

4,440

6,744

82,232

261,936

Long Term Assets

Equipment (note 2)

18,793

29,868

Operating lease-rights of use assets (note 3)

69,120

81,351

87,913

111,222

TOTAL ASSETS

170,145

373,158

Current Liabilities

Trade and other payable (note 4)

28,861

32,619

Current portion-obligations rights of use assets

22,180

22,180

51,041

54,799

Long-Term Liabilities

Obligations under rights of use assets (note 6)

47,795

59,903

Loan payable (note 5)

92,038

55,216

TOTAL LIABILITIES

190,874

169,918

Shareholders' Deficit

Share Capital (note 7)

Additional Paid in Capital

2,063,039

2,063,039

1,000,000,000 Authorized Common Shares-issued

17,503,940 in 2022 and 2021

17,504

17,504

60,000 issued Preferred Shares

60

60

Accumulated other comprehensive income

(53,949)

(49,825)

Accumulated deficit

(2,047,383)

(1,817,538)

(20,729)

203,240

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

170,145

373,158

SEE ACCOMPANYING NOTES

APPROVES ON BEHALF OF THE BOARD

___________________________________Director

2

8530 CHAMP D'EAU, SUITE 202

MONTRÉAL, QUÉBEC H1P 1Y3

Tel: 514-328-9711 Cell: 514-983-8499

Email: frlaposta@gmail.com

NEXT DYNAMICS INC.

Consolidated Interim Statement of operations For the Period ended June 30, 2022

(in United States dollars) (Unaudited)

Unaudited

Audited

June 30

December 31

2022

2021

REVENUE

$

$

-

-

OPERATING EXPENSES

Overhead costs

1,233

3,309

Research & development

22,403

39,458

Accounting & legal

60,428

80,126

Management

48,334

90,373

Consulting - Engineering

29,940

136,704

Advertising & promotions

-

34,065

Licenses

4,566

3,753

Courier & postage

954

2,299

Depreciation expense

21,631

49,035

Insurance

-

4,090

Bank charges

1,322

2,345

Office supplies

7,016

6,465

Rent

2,178

49,033

Telephone

-

1,587

Transportation

-

834

Travel

755

4,092

IT Software

12,772

-

Meals

4,349

3,883

217,881

547,451

Loss from Operation

(217,881)

(547,451)

Other Income (Expense)

Foreign exchange loss

(75)

(1,309)

Interest

(1,889)

(7,274)

(1,964)

(8,583)

NET LOSS

(219,845)

(556,034)

SEE ACCOMPANYING NOTES

3

8530 CHAMP D'EAU, SUITE 202

MONTRÉAL, QUÉBEC H1P 1Y3

Tel: 514-328-9711

Cell: 514-983-8499

Email: frlaposta@gmail.com

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Next Dynamics Inc. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 14:06:01 UTC.