SEATech Ventures (SEAV) Financial Statements
Price: $0.03
Market Cap: $3.43M
Avg Volume: 448
Market Cap: $3.43M
Avg Volume: 448
Country: MY
Industry: Information Technology Services
Sector: Technology
Industry: Information Technology Services
Sector: Technology
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of SEATech Ventures.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|
| Revenue | $328.34K | $548.10K | $383.24K | $250.60K | $28.51K | $8.00K |
| Cost of Revenue | $251.70K | $454.05K | $307.70K | $233.40K | $18.72K | $- |
| Gross Profit | $76.64K | $94.04K | $75.54K | $17.20K | $9.79K | $8.00K |
| Gross Profit Ratio | 23.34% | 17.16% | 19.71% | 6.86% | 34.33% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $378.63K | $182.52K | $175.66K | $122.31K | $190.24K | $77.69K |
| Selling and Marketing Expenses | $835 | $7.61K | $3.08K | $6.05K | $40.93K | $2.12K |
| Selling General and Administrative Expenses | $379.47K | $190.13K | $178.74K | $128.36K | $231.17K | $79.81K |
| Other Expenses | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $379.47K | $190.13K | $178.74K | $128.36K | $231.17K | $79.81K |
| Cost and Expenses | $631.17K | $644.19K | $486.44K | $361.76K | $249.89K | $79.81K |
| Interest Income | $- | $- | $- | $- | $- | $- |
| Interest Expense | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $1.67K | $96.09K | $103.20K | $111.16K | $221.38K | $95.74K |
| EBITDA | $-301.16K | $-80.87K | $-103.20K | $-99.06K | $-139.53K | $-71.81K |
| EBITDA Ratio | -91.72% | -14.75% | -26.93% | -39.53% | -489.45% | -897.59% |
| Operating Income | $-302.83K | $-99.97K | $-104.74K | $-115.14K | $-223.22K | $-71.81K |
| Operating Income Ratio | -92.23% | -18.24% | -27.33% | -45.95% | -783.04% | -897.59% |
| Total Other Income Expenses Net | $- | $5.81K | $3.09K | $3.98K | $1.84K | $- |
| Income Before Tax | $-302.83K | $-94.16K | $-101.65K | $-107.19K | $-219.54K | $-71.81K |
| Income Before Tax Ratio | -92.23% | -17.18% | -26.52% | -42.77% | -770.14% | -897.59% |
| Income Tax Expense | $- | $-1.94K | $-1.81K | $-3.98K | $-1.84K | $-161.14K |
| Net Income | $-302.83K | $-92.22K | $-99.84K | $-103.21K | $-217.71K | $-71.81K |
| Net Income Ratio | -92.23% | -16.83% | -26.05% | -41.18% | -763.69% | -897.59% |
| EPS | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS Diluted | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Weighted Average Shares Outstanding | 97.30M | 92.52M | 92.52M | 92.40M | 92.18M | 92.52M |
| Weighted Average Shares Outstanding Diluted | 97.30M | 92.52M | 92.52M | 92.40M | 92.18M | 92.52M |
| SEC Filing | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $29.39K | $136.19K | $192.29K | $281.30K | $339.81K | $260.91K |
| Short Term Investments | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $29.39K | $136.19K | $192.29K | $281.30K | $339.81K | $260.91K |
| Net Receivables | $150.24K | $120.00K | $- | $170.80K | $- | $8.00K |
| Inventory | $- | $-120.00K | $-3.36K | $-169.56K | $- | $1 |
| Other Current Assets | $273 | $- | $6.66K | $2.47K | $- | $- |
| Total Current Assets | $179.91K | $256.19K | $198.95K | $453.34K | $339.81K | $268.91K |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $5.71K | $5.07K | $5.26K | $1.01K | $1.01K | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $- | $- | $- | $- |
| Total Non-Current Assets | $5.71K | $5.07K | $5.26K | $1.01K | $1.01K | $- |
| Other Assets | $- | $- | $- | $- | $- | $- |
| Total Assets | $185.62K | $261.26K | $204.21K | $454.35K | $340.82K | $268.91K |
| Account Payables | $324.20K | $96.00K | $- | $159.80K | $- | $- |
| Short Term Debt | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $291.30K | $- |
| Other Current Liabilities | $89.41K | $90.37K | $33.39K | $24.00K | $306.29K | $14.83K |
| Total Current Liabilities | $413.61K | $186.37K | $33.39K | $183.80K | $306.29K | $14.83K |
| Long Term Debt | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $96.00K | $- | $- | $- | $- |
| Other Liabilities | $- | $-96.00K | $- | $- | $- | $- |
| Total Liabilities | $413.61K | $186.37K | $33.39K | $183.80K | $306.29K | $14.83K |
| Preferred Stock | $- | $- | $- | $- | $- | $- |
| Common Stock | $11.44K | $9.25K | $9.25K | $9.25K | $9.22K | $9.22K |
| Retained Earnings | $-896.91K | $-594.08K | $-499.92K | $-398.54K | $-291.35K | $-71.81K |
| Accumulated Other Comprehensive Income Loss | $-287 | $-244 | $-125 | $-122 | $-122 | $-122 |
| Other Total Stockholders Equity | $657.77K | $659.96K | $659.96K | $659.96K | $316.79K | $316.79K |
| Total Stockholders Equity | $-227.99K | $74.89K | $169.16K | $270.55K | $34.54K | $254.08K |
| Total Equity | $-227.99K | $74.89K | $170.82K | $270.55K | $34.54K | $254.08K |
| Total Liabilities and Stockholders Equity | $185.62K | $261.26K | $204.21K | $454.35K | $340.82K | $268.91K |
| Minority Interest | $- | $- | $1.66K | $- | $- | $- |
| Total Liabilities and Total Equity | $185.62K | $261.26K | $204.21K | $454.35K | $340.82K | $268.91K |
| Total Investments | $5.71K | $5.07K | $5.26K | $1.01K | $1.01K | $- |
| Total Debt | $- | $- | $- | $- | $- | $- |
| Net Debt | $-29.39K | $-136.19K | $-192.29K | $-281.30K | $-339.81K | $-260.91K |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|
| Net Income | $-302.83K | $-94.16K | $-101.65K | $-107.19K | $-219.54K | $-71.81K |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $63.17K | $34.63K | $16.60K | $-294.52K | $8.16K | $6.83K |
| Accounts Receivables | $-144.50K | $-120.00K | $170.80K | $-170.80K | $8.00K | $-8.00K |
| Inventory | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $228.20K | $96.00K | $-159.80K | $159.80K | $- | $- |
| Other Working Capital | $-20.53K | $58.63K | $5.60K | $-283.52K | $156 | $14.83K |
| Other Non Cash Items | $115.00K | $24.00K | $-11.00K | $11.00K | $-8.00K | $8.00K |
| Net Cash Provided by Operating Activities | $-124.66K | $-59.53K | $-85.05K | $-401.71K | $-211.39K | $-64.98K |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $-1.01K | $- |
| Purchases of Investments | $- | $- | $-4.25K | $- | $-1.01K | $- |
| Sales Maturities of Investments | $- | $200 | $- | $- | $- | $- |
| Other Investing Activities | $-650 | $200 | $-4.25K | $- | $1.01K | $- |
| Net Cash Used for Investing Activities | $-650 | $200 | $-4.25K | $- | $-1.01K | $- |
| Debt Repayment | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $20.00K | $- | $1.93K | $343.20K | $- | $326.01K |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $20.00K | $- | $300 | $- | $291.30K | $- |
| Net Cash Used Provided by Financing Activities | $20.00K | $- | $300 | $343.20K | $291.30K | $326.01K |
| Effect of Forex Changes on Cash | $-1.49K | $3.24K | $-12 | $- | $- | $-122 |
| Net Change in Cash | $-106.80K | $-56.09K | $-89.01K | $-58.51K | $78.90K | $260.91K |
| Cash at End of Period | $29.39K | $136.19K | $192.29K | $281.30K | $339.81K | $260.91K |
| Cash at Beginning of Period | $136.19K | $192.29K | $281.30K | $339.81K | $260.91K | $- |
| Operating Cash Flow | $-124.66K | $-59.53K | $-85.05K | $-401.71K | $-211.39K | $-64.98K |
| Capital Expenditure | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $-124.66K | $-59.53K | $-85.05K | $-401.71K | $-211.39K | $-64.98K |