$PXPC
Phoenix Plus Corp.

2022 Q2 Form 10-Q Financial Statement

#000149315222016371 Filed on June 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2021 Q3 2021 Q2
Revenue $37.45K $14.62K
YoY Change
Cost Of Revenue $10.66K $12.95K
YoY Change
Gross Profit $26.79K $1.670K
YoY Change
Gross Profit Margin 71.54% 11.42%
Selling, General & Admin $159.8K -$9.530K $135.3K
YoY Change 18.14%
% of Gross Profit -35.57% 8101.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $10.88K $16.32K
YoY Change -100.0%
% of Gross Profit 40.61% 977.25%
Operating Expenses $159.8K $170.5K $135.3K
YoY Change 18.14%
Operating Profit -$159.8K -$143.7K -$133.6K
YoY Change 19.61%
Interest Expense $1.740K $25.36K $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$158.1K -$118.4K -$133.6K
YoY Change 18.32%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$158.1K -$118.4K -$133.6K
YoY Change 18.32%
Net Earnings / Revenue -316.1% -913.95%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share -$475.20 -$356.40 -$402.60
COMMON SHARES
Basic Shares Outstanding 332.7M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2021 Q3 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.684M $1.911M $1.924M
YoY Change -12.49%
Cash & Equivalents $1.684M $1.911M $1.924M
Short-Term Investments
Other Short-Term Assets $7.120K $12.31K $238.8K
YoY Change -97.02%
Inventory
Prepaid Expenses $9.031K
Receivables $39.90K $9.890K
Other Receivables $0.00 $232.0K $0.00
Total Short-Term Assets $1.691M $2.195M $2.173M
YoY Change -22.18%
LONG-TERM ASSETS
Property, Plant & Equipment $13.59K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $231.7K
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $255.1K $38.85K $13.59K
YoY Change 1777.12%
TOTAL ASSETS
Total Short-Term Assets $1.691M $2.195M $2.173M
Total Long-Term Assets $255.1K $38.85K $13.59K
Total Assets $1.946M $2.234M $2.186M
YoY Change -11.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.74K $0.00
YoY Change
Accrued Expenses $19.96K $32.25K $5.720K
YoY Change 248.95%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $78.16K $87.17K $722.1K
YoY Change -89.18%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.440K $19.10K $0.00
YoY Change
Total Long-Term Liabilities $3.440K $19.10K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $78.16K $87.17K $722.1K
Total Long-Term Liabilities $3.440K $19.10K $0.00
Total Liabilities $81.60K $106.3K $722.1K
YoY Change -88.7%
SHAREHOLDERS EQUITY
Retained Earnings -$1.151M
YoY Change
Common Stock $33.27K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.864M $2.128M $1.464M
YoY Change
Total Liabilities & Shareholders Equity $1.946M $2.234M $2.186M
YoY Change -11.0%

Cashflow Statement

Concept 2022 Q2 2021 Q3 2021 Q2
OPERATING ACTIVITIES
Net Income -$158.1K -$118.4K -$133.6K
YoY Change 18.32%
Depreciation, Depletion And Amortization $0.00 $10.88K $16.32K
YoY Change -100.0%
Cash From Operating Activities -$93.11K -$795.1K $275.1K
YoY Change -133.85%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
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 782.0K 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -93.11K -795.1K 275.1K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 782.0K 0.000
Net Change In Cash -93.11K -13.07K 275.1K
YoY Change -133.85%
FREE CASH FLOW
Cash From Operating Activities -$93.11K -$795.1K $275.1K
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$93.11K -$795.1K $275.1K
YoY Change -133.85%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2021Q3 us-gaap Equity Method Investments
EquityMethodInvestments
USD
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
USD
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
USD
CY2021Q3 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
USD
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
USD
CY2022Q2 us-gaap Gross Profit
GrossProfit
USD
CY2021Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
USD
CY2021Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
USD
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2022Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
USD
CY2021Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
USD
us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
USD
us-gaap Interest Paid Net
InterestPaidNet
USD
us-gaap Interest Paid Net
InterestPaidNet
USD
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
USD
us-gaap Depreciation
Depreciation
USD
CY2022Q2 PHPC Subscription Receivable
SubscriptionReceivable
USD
CY2022Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
USD
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
USD
CY2021Q3 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
USD
CY2021Q3 PHPC Equity Method Investment Gain Loss
EquityMethodInvestmentGainLoss
USD
CY2021Q3 us-gaap Equity Method Investments
EquityMethodInvestments
USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
USD
CY2022Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD

Files In Submission

Name View Source Status
0001493152-22-016371-index-headers.html Edgar Link pending
0001493152-22-016371-index.html Edgar Link pending
0001493152-22-016371.txt Edgar Link pending
0001493152-22-016371-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex32-1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
form10-q_htm.xml Edgar Link completed
MetaLinks.json Edgar Link pending
phpc-20220430.xsd Edgar Link pending
phpc-20220430_cal.xml Edgar Link unprocessable
phpc-20220430_def.xml Edgar Link unprocessable
phpc-20220430_lab.xml Edgar Link unprocessable
phpc-20220430_pre.xml Edgar Link unprocessable
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
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.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