2024 Q2 Form 10-Q Financial Statement

#000164033424001269 Filed on August 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q2
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $8.472K -$8.731K
YoY Change -197.03% -196.9%
Operating Profit -$981.00 -$389.00
YoY Change 152.19% -95.68%
Interest Expense $777.00
YoY Change
% of Operating Profit
Other Income/Expense, Net -$389.00
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$9.453K -$9.120K
YoY Change 3.65% 1.22%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 9.948M shares 9.948M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $0.00 $0.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $0.00
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
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
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $0.00 $0.00
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $87.89K
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $87.89K
Total Long-Term Liabilities
Total Liabilities $120.9K $78.99K
YoY Change 53.0% 222.13%
SHAREHOLDERS EQUITY
Retained Earnings -$163.7K -$121.9K
YoY Change 34.36% 80.82%
Common Stock $995.00 $995.00
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$120.9K -$78.99K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $0.00
YoY Change

Cashflow Statement

Concept 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income -$9.453K -$9.120K
YoY Change 3.65% 1.22%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
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
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q2 us-gaap Debt Current
DebtCurrent
16042 usd
CY2023Q4 us-gaap Debt Current
DebtCurrent
15265 usd
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9948330 shares
stark Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.00
stark Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.00
stark Basic And Diluted Weighted Average Number Ofshares Outstanding
BasicAndDilutedWeightedAverageNumberOfsharesOutstanding
9,948,330
stark Basic And Diluted Weighted Average Number Ofshares Outstanding
BasicAndDilutedWeightedAverageNumberOfsharesOutstanding
9,948,330
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
5967 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2021Q3 stark Proceed From Stockpurchase Agreement
ProceedFromStockpurchaseAgreement
10000 hkd
dei Entity Central Index Key
EntityCentralIndexKey
0001794942
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Period End Date
DocumentPeriodEndDate
2024-06-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9948330 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9948330 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9948330 shares
us-gaap Operating Income Loss
OperatingIncomeLoss
-774 usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
333-237100
dei Entity Registrant Name
EntityRegistrantName
STARK FOCUS GROUP INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Address Address Line1
EntityAddressAddressLine1
38 S Federal Highway #10-199
dei Entity Address City Or Town
EntityAddressCityOrTown
Dania Beach
dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
33004
dei City Area Code
CityAreaCode
352
dei Local Phone Number
LocalPhoneNumber
562 - 0289
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
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9948330 shares
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2024Q2 stark Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.00
CY2023Q2 stark Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.00
CY2024Q2 stark Basic And Diluted Weighted Average Number Ofshares Outstanding
BasicAndDilutedWeightedAverageNumberOfsharesOutstanding
9,948,330
CY2023Q2 stark Basic And Diluted Weighted Average Number Ofshares Outstanding
BasicAndDilutedWeightedAverageNumberOfsharesOutstanding
9,948,330
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-93463 usd
us-gaap Profit Loss
ProfitLoss
-27399 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
-120862 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-55404 usd
us-gaap Profit Loss
ProfitLoss
-23590 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-78994 usd
us-gaap Net Income Loss
NetIncomeLoss
-27399 usd
us-gaap Net Income Loss
NetIncomeLoss
-23590 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
0 usd
CY2024Q2 stark Debt Instrument Finance Cost
DebtInstrumentFinanceCost
389 usd

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