$SEAV
SEATech Ventures Corp.

2021 Q4 Form 10-K Financial Statement

#000149315222007964 Filed on March 29, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020
Revenue $25.00K $383.2K $250.6K
YoY Change -87.19% 52.93% 778.99%
Cost Of Revenue $20.00K $307.7K $233.4K
YoY Change -89.09% 31.83% 1146.79%
Gross Profit $5.000K $75.54K $17.20K
YoY Change -57.7% 339.19% 75.69%
Gross Profit Margin 20.0% 19.71% 6.86%
Selling, General & Admin $60.00K $178.7K $128.4K
YoY Change 48.15% 39.25% -44.47%
% of Gross Profit 1200.0% 236.62% 746.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $59.46K $177.2K $124.4K
YoY Change 47.87% 42.45% -45.76%
Operating Profit -$54.46K -$101.7K -$107.2K
YoY Change 91.83% -5.17% -51.18%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $1.546K
YoY Change
Pretax Income -$54.46K -$101.7K -$107.2K
YoY Change 91.76% -5.17% -51.18%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$54.20K -$101.4K -$107.2K
YoY Change 90.85% -5.41% -51.18%
Net Earnings / Revenue -216.8% -26.46% -42.77%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share -$585.80 -$1.096K -$1.160K
COMMON SHARES
Basic Shares Outstanding 92.52M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $192.3K $192.3K $281.3K
YoY Change -31.64% -31.64% -17.22%
Cash & Equivalents $192.3K $192.3K $281.3K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.650K $172.0K
Other Receivables $5.010K $5.010K $0.00
Total Short-Term Assets $198.9K $199.0K $453.3K
YoY Change -56.11% -56.11% 33.41%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.270K $5.270K $1.020K
YoY Change 416.67% 416.67% 0.0%
Other Assets
YoY Change
Total Long-Term Assets $5.265K $5.260K $1.010K
YoY Change 421.29% 420.79% 0.0%
TOTAL ASSETS
Total Short-Term Assets $198.9K $199.0K $453.3K
Total Long-Term Assets $5.265K $5.260K $1.010K
Total Assets $204.2K $204.2K $454.4K
YoY Change -55.05% -55.05% 33.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $159.8K
YoY Change -100.0% -47.55%
Accrued Expenses $33.39K $33.39K $22.37K
YoY Change 49.26% 49.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $1.630K
YoY Change -100.0% -100.0% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $33.39K $33.39K $183.8K
YoY Change -81.83% -81.83% -39.99%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $33.39K $33.39K $183.8K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $33.39K $35.05K $183.8K
YoY Change -81.83% -80.93% -39.99%
SHAREHOLDERS EQUITY
Retained Earnings -$499.9K
YoY Change
Common Stock $9.252K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $169.2K $169.2K $270.6K
YoY Change
Total Liabilities & Shareholders Equity $204.2K $204.2K $454.4K
YoY Change -55.05% -55.05% 33.31%

Cashflow Statement

Concept 2021 Q4 2021 2020
OPERATING ACTIVITIES
Net Income -$54.20K -$101.4K -$107.2K
YoY Change 90.85% -5.41% -51.18%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $8.310K -$85.05K -$401.7K
YoY Change -132.4% -78.83% 90.03%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 -$4.250K
YoY Change
Cash From Investing Activities $0.00 -$4.250K
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 300.0 300.0 343.2K
YoY Change -99.91% 17.82%
NET CHANGE
Cash From Operating Activities 8.310K -85.05K -401.7K
Cash From Investing Activities 0.000 -4.250K
Cash From Financing Activities 300.0 300.0 343.2K
Net Change In Cash 8.610K -89.00K $0.00
YoY Change -133.57% -100.0%
FREE CASH FLOW
Cash From Operating Activities $8.310K -$85.05K -$401.7K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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