Agape ATP Corp
For the period ended Dec 31, 2025. Filed Apr 13, 2026.
View on SEC.govAbout 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.
FY2025 · Filed Apr 13, 2026
ATPC$1.35-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
(Currency expressed in United States Dollars (“US$”)
| For the years ended December 31, | ||||
|---|---|---|---|---|
| 2025 · 2024 | ||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||
| Net loss | $(2,307,607) | $(2,486,044) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation of property and equipment | 20,189 | 52,570 | ||
| Amortization of intangible assets | 4,714 | 4,770 | ||
| Amortization of operating right-of-use assets | 158,924 | 139,867 | ||
| Amortization of finance lease assets | 44,151 | 29,445 | ||
| Gain on disposal of property and equipment | - | (112) | ||
| Unrealized holding (gain) loss on marketable securities | (8,953) | 5,018 | ||
| Unrealized exchange gain | (825,706) | - | ||
| Loss on non-marketable securities | 1,000 | - | ||
| Allowance for credit loss | 519,442 | 98,705 | ||
| Deferred tax expense | - | 220 | ||
| Inventory write off | 7,035 | - | ||
| Inventory write-down | 11,825 | 7,081 | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivables | 32,132 | (28,295) | ||
| Amount due from related parties | 162 | 8,889 | ||
| Inventories | 3,348 | (4,225) | ||
| Prepaid taxes | 17,406 | (22,322) | ||
| Prepayments and deposits | (380,199) | (434,447) | ||
| Other receivables | 2,489 | (2,105) | ||
| Accounts payable | (21,972) | 44,657 | ||
| Accounts payable – related parties | 14,010 | (5,107) | ||
| Customer deposits | 58,581 | (7,340) | ||
| Operating lease liabilities | (159,762) | (139,476) | ||
| Other payables and accrued liabilities | 112,551 | 14,761 | ||
| Other payables – related parties | 286,391 | (7,065) | ||
| Income tax payables | (3,573) | 4,340 | ||
| Net cash used in operating activities | (2,413,422) | (2,726,215) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||
| Purchase of property and equipment | (1,049) | (50,162) | ||
| Proceeds from disposal of property and equipment | - | 112 | ||
| Advances for investment | (23,000,000) | - | ||
| Net cash used in investing activities | (23,001,049) | (50,050) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||
| Proceeds from disposal of non-marketable securities | 500 | - | ||
| Payment of finance lease liabilities | (22,685) | (11,856) | ||
| Net proceeds from issuance of common stock | 23,000,000 | - | ||
| Advance from director | 520,831 | - | ||
| Net cash provided by financing activities | 23,498,646 | (11,856) | ||
| EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS | 15,654 | (4,096) | ||
| DECREASE IN CASH AND CASH EQUIVALENTS | (1,900,171) | (2,792,217) | ||
| CASH AND CASH EQUIVALENTS, beginning of year | 2,040,243 | 4,832,460 | ||
| CASH AND CASH EQUIVALENTS, end of year | $140,072 | $2,040,243 | ||
| SUPPLEMENTAL CASH FLOWS INFORMATION | ||||
| Income taxes paid | $10,368 | $24,003 | ||
| Refund of prepaid tax | $21,917 | $1,681 | ||
| SUPPLEMENTAL NON-CASH FLOWS INFORMATION | ||||
| Motor vehicle acquired through finance lease | $ | - | $65,761 | |
| Operating lease right-of-use assets obtained in exchange for lease liabilities | $5,059 | $ | - | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.