$AAPI
Apple iSports Group, Inc.

2022 Q4 Form 10-Q Financial Statement

#000147793222009330 Filed on December 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q2
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $18.15K $15.06K
YoY Change -16.17% 1058.46%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $18.15K $15.06K
YoY Change -16.17% 1058.46%
Operating Profit -$18.15K -$427.7K
YoY Change -16.14%
Interest Expense $2.776K
YoY Change
% of Operating Profit
Other Income/Expense, Net $2.776K
YoY Change
Pretax Income -$18.15K -$15.06K
YoY Change -16.17% 1058.46%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$18.15K -$15.06K
YoY Change -16.14% 1058.46%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$2.375K -$1.971K
COMMON SHARES
Basic Shares Outstanding 7.642M shares 7.642M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.024K $5.160K
YoY Change 176.04% 1417.65%
Cash & Equivalents $4.924K $5.161K
Short-Term Investments $100.00 $100.00
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $0.00
Receivables
Other Receivables
Total Short-Term Assets $4.924K $5.161K
YoY Change 171.0% 1409.06%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $100.00 $100.00
YoY Change 0.0% 0.0%
Other Assets
YoY Change
Total Long-Term Assets $100.00 $100.00
YoY Change 0.0% 0.0%
TOTAL ASSETS
Total Short-Term Assets $4.924K $5.161K
Total Long-Term Assets $100.00 $100.00
Total Assets $5.024K $5.261K
YoY Change 162.08% 1090.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.40K $30.91K
YoY Change 11.59% 7.89%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $179.2K $153.2K
YoY Change 42.0% 65.81%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $179.2K $153.2K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $179.2K $153.2K
YoY Change 42.0% 65.81%
SHAREHOLDERS EQUITY
Retained Earnings -$5.173M -$5.147M
YoY Change 0.97% 1.1%
Common Stock $764.00 $764.00
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $52.95K $52.95K
YoY Change 0.0% 0.0%
Treasury Stock Shares 1.000 shares 1.000 shares
Shareholders Equity -$174.2K -$148.0K
YoY Change
Total Liabilities & Shareholders Equity $5.024K $5.261K
YoY Change 162.08% 1090.27%

Cashflow Statement

Concept 2022 Q4 2022 Q2
OPERATING ACTIVITIES
Net Income -$18.15K -$15.06K
YoY Change -16.14% 1058.46%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$27.05K -$14.09K
YoY Change 11.09% 570.95%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.50K 14.00K
YoY Change 375.0%
NET CHANGE
Cash From Operating Activities -27.05K -14.09K
Cash From Investing Activities
Cash From Financing Activities 28.50K 14.00K
Net Change In Cash 1.450K -90.00
YoY Change -107.9% -95.71%
FREE CASH FLOW
Cash From Operating Activities -$27.05K -$14.09K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
dei Entity Central Index Key
EntityCentralIndexKey
0001134982
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--04-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7642211 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7642210 shares
CY2022Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
1 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-10-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-32389
dei Entity Registrant Name
EntityRegistrantName
PREVENTION INSURANCE.COM
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
88-0126444
dei Entity Address Address Line1
EntityAddressAddressLine1
First Floor, Prohasky Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Port Melbourne
dei Entity Address Country
EntityAddressCountry
AU
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
3207
dei City Area Code
CityAreaCode
61
dei Local Phone Number
LocalPhoneNumber
8 8981 4037
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
true
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7642210 shares
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7642211 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7642210 shares
CY2022Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1 shares
CY2022Q4 us-gaap Revenues
Revenues
0 usd
CY2021Q4 us-gaap Revenues
Revenues
0 usd
us-gaap Revenues
Revenues
0 usd
us-gaap Revenues
Revenues
0 usd
CY2022Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18152 usd
CY2021Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
21646 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
26222 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32325 usd
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-18152 usd
CY2021Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-21646 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-26222 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-32325 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
-18152 usd
CY2021Q4 us-gaap Profit Loss
ProfitLoss
-21646 usd
us-gaap Profit Loss
ProfitLoss
-26222 usd
us-gaap Profit Loss
ProfitLoss
-32325 usd
CY2022Q4 pvnc Weighted Average Shares Outstanding Basic And Diluted
WeightedAverageSharesOutstandingBasicAndDiluted
7642210 shares
CY2021Q4 pvnc Weighted Average Shares Outstanding Basic And Diluted
WeightedAverageSharesOutstandingBasicAndDiluted
7642210 shares
pvnc Weighted Average Shares Outstanding Basic And Diluted
WeightedAverageSharesOutstandingBasicAndDiluted
7642210 shares
pvnc Weighted Average Shares Outstanding Basic And Diluted
WeightedAverageSharesOutstandingBasicAndDiluted
7642210 shares
CY2022Q4 pvnc Net Income Loss Per Share Basic And Diluted
NetIncomeLossPerShareBasicAndDiluted
-0.00
CY2021Q4 pvnc Net Income Loss Per Share Basic And Diluted
NetIncomeLossPerShareBasicAndDiluted
-0.00
pvnc Net Income Loss Per Share Basic And Diluted
NetIncomeLossPerShareBasicAndDiluted
-0.00
pvnc Net Income Loss Per Share Basic And Diluted
NetIncomeLossPerShareBasicAndDiluted
-0.00
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-91960 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-10679 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
-102639 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-21644 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-124285 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-147955 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-8070 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-156025 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-18152 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-174177 usd
pvnc Net Income Losses
NetIncomeLosses
26222 usd
pvnc Net Income Losses
NetIncomeLosses
32325 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2515 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3200 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-28737 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-35525 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
28500 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
37000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28500 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
37000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-237 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1475 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5161 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
342 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4924 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1817 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q1 pvnc Description Of Corporate Actions
DescriptionOfCorporateActions
The record date of the Corporate Actions was March 1, 2022, whereby our majority stockholder, holding 85% of our outstanding voting securities, executed written consent approving Corporate Actions.
us-gaap Basis Of Accounting
BasisOfAccounting
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The summary of significant accounting policies is presented to assist in the understanding of the financial statements. These policies conform to accounting principles generally accepted in the United States of America (“GAAP”) and have been consistently applied.</p>
pvnc Interim Financial Statementspolicytextblock
InterimFinancialStatementspolicytextblock
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The accompanying unaudited interim condensed financial statements have been prepared in accordance with GAAP for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, changes in shareholders’ deficit and cash flows as of October 31, 2022 and for the related periods presented, have been included. The results for the three and six months period ended October 31, 2022 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the financial statements and footnotes thereto for the years ended April 30, 2022 and 2021 included in our Form 10-K filed on September 16, 2022.</p>
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2022Q4 pvnc Cash Balance
CashBalance
4924 usd
CY2022Q2 pvnc Cash Balance
CashBalance
5161 usd
us-gaap Profit Loss
ProfitLoss
-26222 usd
CY2022Q4 pvnc Retained Earnings And Accumulated Deficit
RetainedEarningsAndAccumulatedDeficit
-5172756 usd
us-gaap Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
0.10 pure
pvnc Covid19 Uncertaintiespolicy Textblock
Covid19UncertaintiespolicyTextblock
<p style="font-size:10pt;font-family:times new roman;margin:0px">The COVID-19 pandemic could have an impact on our ability to obtain financing to fund the operations. The Company is unable to predict the ultimate impact at this time.</p>
CY2022Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
122302 usd
CY2022Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
150802 usd
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7642211 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7642210 shares
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
52954 usd

Files In Submission

Name View Source Status
0001477932-22-009330-index-headers.html Edgar Link pending
0001477932-22-009330-index.html Edgar Link pending
0001477932-22-009330.txt Edgar Link pending
0001477932-22-009330-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pvnc-20221031.xsd Edgar Link pending
pvnc_10q.htm Edgar Link pending
pvnc_ex311.htm Edgar Link pending
pvnc_ex321.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
pvnc-20221031_pre.xml Edgar Link unprocessable
pvnc-20221031_def.xml Edgar Link unprocessable
pvnc-20221031_cal.xml Edgar Link unprocessable
pvnc-20221031_lab.xml Edgar Link unprocessable
pvnc_10q_htm.xml Edgar Link completed