Aceztech Corp Files 2024 10-K

TL;DR

Aceztech Corp dropped its 2024 10-K. All eyes on retained earnings and common stock.

AI Summary

Aceztech Corp filed its 10-K for the fiscal year ending November 30, 2024, on January 23, 2025. The company, incorporated in Nevada and based in Kuala Lumpur, operates in computer processing and data preparation services. Key financial reporting dates include November 30, 2024, and November 30, 2023, with significant financial data points related to common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income.

Why It Matters

This filing provides a comprehensive overview of Aceztech Corp's financial performance and position for the fiscal year 2024, crucial for investors and stakeholders to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — The provided text is a standard 10-K filing header and does not contain specific operational or financial risk disclosures.

Key Numbers

• 1130 — Fiscal Year End (Indicates the end of the reporting period for financial statements.)
• 2024-11-30 — Reporting Period End (The specific date marking the end of the fiscal year for which the 10-K reports.)
• 2025-01-23 — Filing Date (The date the 10-K was officially submitted to the SEC.)

Key Players & Entities

• Aceztech Corp (company) — Filer of the 10-K
• 2024-11-30 (date) — Fiscal year end
• 2025-01-23 (date) — Filing date
• 7374 (other) — Standard Industrial Classification for Services-Computer Processing & Data Preparation
• NV (other) — State of Incorporation
• Kuala Lumpur (location) — Business and Mail Address City

FAQ

Key Financial Figures

• $0 — " refers to the common stock, par value $0.001, of the Company; "U.S. dollar," "
• $132 — from a third party, at a total cost of $132. The rental period is for a period of s
• $5.00 — ty that has a market price of less than $5.00 per share. Our Common Stock, when and i
• $1,000,000 — enerally those with assets in excess of $1,000,000, or annual incomes exceeding $200,000 i
• $200,000 — $1,000,000, or annual incomes exceeding $200,000 individually, or $300,000, together wit
• $300,000 — mes exceeding $200,000 individually, or $300,000, together with their spouse). For tra
• $10,341 — ia. Our cash and cash equivalents are $10,341 as of November 30, 2024. Our cash balan
• $39,224 — 024, the Company incurred a net loss of $39,224 and used cash in operating activities o
• $27,461 — nd used cash in operating activities of $27,461 and borrowed $13,022 from our director.
• $13,022 — ting activities of $27,461 and borrowed $13,022 from our director. These conditions rai

Filing Documents

• form10-k.htm (10-K) — 736KB
• ex31-1.htm (EX-31.1) — 15KB
• ex32-1.htm (EX-32.1) — 9KB
• form10-k_001.jpg (GRAPHIC) — 70KB
• 0001493152-25-003324.txt ( ) — 3982KB
• aczt-20241130.xsd (EX-101.SCH) — 28KB
• aczt-20241130_cal.xml (EX-101.CAL) — 42KB
• aczt-20241130_def.xml (EX-101.DEF) — 97KB
• aczt-20241130_lab.xml (EX-101.LAB) — 239KB
• aczt-20241130_pre.xml (EX-101.PRE) — 209KB
• form10-k_htm.xml (XML) — 495KB

Business

Business 4 Item 1A.

Risk Factors

Risk Factors 7 Item 1B. Unresolved Staff Comments 7 Item 2. Description of property 7 Item 3.

Legal Proceedings

Legal Proceedings 7 Item 4. Mine Safety Disclosures 7 PART II Item 5. Market for Registrant's Common Equity and Related Stockholder Matters 8 Item 6.

Selected Financial Data

Selected Financial Data 9 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 9 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 12 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 12 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 12 Item 9A.

Controls and Procedures

Controls and Procedures 12 Item 9B. Other Information 14 PART III Item 10. Directors, Executive Officers and Corporate Governance 15 Item 11.

Executive Compensation

Executive Compensation 17 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 18 Item 13. Certain Relationships and Related Transactions, and Director Independence 18 Item 14. Principal Accounting Fees and Services 19 PART IV Item 15. Exhibits and Financial Statement Schedules 20 Item 16. Form 10-K Summary 20

SIGNATURES

SIGNATURES 21 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K contains forward-looking statements. These forward-looking statements are not historical facts but rather are based on current expectations, estimates and projections. We may use words such as "anticipate," "expect," "intend," "plan," "believe," "foresee," "estimate" and variations of these words and similar expressions to identify forward-looking statements. These statements are not guarantee of future performance and are actual results to differ materially from those expressed or forecasted. These risks and uncertainties include the following: The availability and adequacy of our cash flow to meet our requirements; Economic, competitive, demographic, business and other conditions in our local and regional markets; Changes or developments in laws, regulations or taxes in our industry; Actions taken or omitted to be taken by third parties including our suppliers and competitors, as well as legislative, regulatory, judicial and other governmental authorities; Competition in our industry; The loss of or failure to obtain any license or permit necessary or desirable in the operation of our business; Changes in our business strategy, capital improvements or development plans; The availability of additional capital to support capital improvements and development; and Other risks identified in this report and in our other filings with the Securities and Exchange Commission or the SEC. This report should be read completely and with the understanding that actual future results may be materially different from what we expect. The forward-looking statements included in this report are made as of the date of this report and should be evaluated with consideration of any changes occurring after the date of this Report

View Full Filing

View this 10-K filing on SEC EDGAR