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Agape ATP Corp

For the period ended Dec 31, 2023. Filed Apr 1, 2024.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Apr 1, 2024

ATPC$1.35-0.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Consolidated Statements of Operations and Comprehensive Loss

For the years ended December 31,
20232022
REVENUE$1,431,088$1,856,564
COST OF REVENUE(494,516)(666,042)
GROSS PROFIT936,5721,190,522
SELLING(629,003)(361,414)
COMMISSION(88,132)(405,351)
GENERAL AND ADMINISTRATIVE(2,366,016)(1,957,023)
TOTAL OPERATING EXPENSES(3,083,151)(2,723,788)
LOSS FROM OPERATIONS(2,146,579)(1,533,266)
OTHER INCOME (EXPENSES)
Other income (expenses), net5,724(79,539)
Interest income29,24916,190
Unrealized holding gain (loss) on marketable securities3,493(73,519)
Gain on disposal of PPE1,753-
TOTAL OTHER INCOME (EXPENSES), NET40,219(136,868)
LOSS BEFORE INCOME TAXES(2,106,360)(1,670,134)
(PROVISION FOR) BENEFIT OF INCOME TAXES(3,575)4,055
NET LOSS(2,109,935)(1,666,079)
NET LOSS (INCOME) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS7,950(20,820)
NET LOSS ATTRIBUTABLE TO AGAPE ATP CORPORATION$(2,101,985)$(1,686,899)
NET LOSS$(2,109,935)$(1,666,079)
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustment20,949(84,132)
TOTAL COMPREHENSIVE LOSS(2,088,986)(1,750,211)
Less: Comprehensive loss (income) attributable to non-controlling interests8,734(20,849)
COMPREHENSIVE LOSS ATTRIBUTABLE TO AGAPE ATP CORPORATION$(2,080,252)$(1,771,060)
LOSS PER SHARE
Basic and diluted$(0.03)$(0.02)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
Basic and diluted75,814,50787,822,337
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.