2024 Q3 Form 10-Q Financial Statement

#000149315224032173 Filed on August 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $2.059K
YoY Change -35.21%
Cost Of Revenue $1.658K
YoY Change -42.27%
Gross Profit $401.00
YoY Change 31.05%
Gross Profit Margin 19.48%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $8.545K $48.85K
YoY Change 5.56% 190.78%
Operating Profit -$8.144K -$48.85K
YoY Change 4.56% 190.78%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $20.00 $23.00
YoY Change -135.09% 15.0%
Pretax Income -$8.124K
YoY Change 3.49%
Income Tax $105.00
% Of Pretax Income
Net Earnings -$8.229K -$48.83K
YoY Change 4.88% 190.99%
Net Earnings / Revenue -399.66%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 30.00M shares 30.00M shares
Diluted Shares Outstanding 30.00M shares 30.00M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00
YoY Change
Cash & Equivalents $370.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $370.00
YoY Change -96.33%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $370.00
Total Long-Term Assets $0.00 $0.00
Total Assets $370.00
YoY Change -96.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $43.83K
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $52.42K $43.83K
YoY Change -55.94% -60.66%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $52.42K $43.83K
Total Long-Term Liabilities $0.00
Total Liabilities $52.42K $43.83K
YoY Change -55.94% -60.66%
SHAREHOLDERS EQUITY
Retained Earnings -$510.1K -$501.9K
YoY Change 9.81% 9.89%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$52.05K -$43.83K
YoY Change
Total Liabilities & Shareholders Equity $370.00
YoY Change -96.33%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$8.229K -$48.83K
YoY Change 4.88% 190.99%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$50.79K
YoY Change 320.55%
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 $42.03K
YoY Change 513.8%
NET CHANGE
Cash From Operating Activities -$50.79K
Cash From Investing Activities
Cash From Financing Activities $42.03K
Net Change In Cash -$8.761K
YoY Change 67.51%
FREE CASH FLOW
Cash From Operating Activities -$50.79K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2024Q2 dei Entity File Number
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CY2024Q2 dei Entity Registrant Name
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LANDBAY INC
CY2024Q2 dei Entity Incorporation State Country Code
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CY2024Q2 dei Entity Tax Identification Number
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EFC Building, Yuhang District
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<p id="xdx_84C_eus-gaap--UseOfEstimates_zrtpu4e4CqS5" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86B_z2a3J2IA7557">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts and timing of revenues and expenses, the reported amounts and classification of assets and liabilities, and the disclosure of contingent assets and liabilities. These estimates and assumptions are based on the Company’s historical results as well as management’s future expectations. The Company’s actual results may vary from those estimates and assumptions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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