Aceztech Corp Files Q3 10-Q
Ticker: HNIT · Form: 10-Q · Filed: Sep 11, 2024 · CIK: 1994373
| Field | Detail |
|---|---|
| Company | Aceztech Corp (HNIT) |
| Form Type | 10-Q |
| Filed Date | Sep 11, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $, $1, $578,704 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
Aceztech Corp's Q3 10-Q is in. Financials updated through Aug 31, 2024.
AI Summary
Aceztech Corp filed its 10-Q for the period ending August 31, 2024. The filing covers the third quarter and provides financial data for the company. Key financial statement information is presented, including details on common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income as of various dates in 2023 and 2024.
Why It Matters
This filing provides investors with the latest financial performance and position of Aceztech Corp, crucial for understanding the company's health and making investment decisions.
Risk Assessment
Risk Level: low — This filing is a routine quarterly report and does not appear to contain any immediate red flags or significant negative developments.
Key Numbers
- N/A — Revenue (Specific revenue figures are not detailed in the provided header information.)
- N/A — Net Income (Specific net income figures are not detailed in the provided header information.)
- N/A — Total Assets (Specific total asset figures are not detailed in the provided header information.)
Key Players & Entities
- Aceztech Corp (company) — Filer of the 10-Q
- 2024-08-31 (date) — End of the reporting period
- 2023-11-30 (date) — Previous fiscal year end
- 2024-09-11 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ending August 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on September 11, 2024.
What is Aceztech Corp's fiscal year end?
Aceztech Corp's fiscal year ends on November 30.
What are some of the financial statement components mentioned in the filing header?
The filing header mentions components such as Common Stock, Additional Paid-In Capital, Share Application Money Pending Allotment, Retained Earnings, and Accumulated Other Comprehensive Income.
What is the company's primary business classification?
Aceztech Corp is classified under SERVICES-COMPUTER PROCESSING & DATA PREPARATION with SIC code 7374.
Filing Stats: 4,705 words · 19 min read · ~16 pages · Grade level 16.9 · Accepted 2024-09-11 06:02:21
Key Financial Figures
- $ — rrency is not US$ are translated into US$, in accordance with ASC Topic 830-30, "
- $1 — he local currency of the Company into US$1 has been made at the following exchange
- $578,704 — capital of MYR 2,500,000 (approximately $578,704) or less and that are not part of a gro
Filing Documents
- form10-q.htm (10-Q) — 539KB
- ex31-1.htm (EX-31.1) — 16KB
- ex32-1.htm (EX-32.1) — 10KB
- 0001493152-24-035714.txt ( ) — 3296KB
- acez-20240831.xsd (EX-101.SCH) — 24KB
- acez-20240831_cal.xml (EX-101.CAL) — 41KB
- acez-20240831_def.xml (EX-101.DEF) — 77KB
- acez-20240831_lab.xml (EX-101.LAB) — 225KB
- acez-20240831_pre.xml (EX-101.PRE) — 189KB
- form10-q_htm.xml (XML) — 439KB
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 3-5 ITEM 3.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 5 ITEM 4.
CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES 5 PART II OTHER INFORMATION ITEM 1
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS 7 ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 7 ITEM 3 DEFAULTS UPON SENIOR SECURITIES 7 ITEM 4 MINE SAFETY DISCLOSURES 7 ITEM 5 OTHER INFORMATION 7 ITEM 6 EXHIBITS 7
SIGNATURES
SIGNATURES 8 -2- PART I — FINANCIAL INFORMATION ITEM 1. CONDENSED FINANCIAL STATEMENTS ACEZTECH CORPORATION CONDENSED BALANCE SHEETS AS OF AUGUST 31, 2024 (UNAUDITED) AND NOVEMBER 30, 2023 (AUDITED) (CURRENCY EXPRESSED IN UNITED STATES DOLLARS ("US
quot;), EXCEPT FOR NUMBER OF SHARES) As of August 31, 2024 As of November 30, 2023 (Unaudited) (Audited) ASSETS CURRENT ASSETS Cash and cash equivalents $ 18,170 $ 7,319 Prepayment and deposit 4,734 258 TOTAL CURRENT ASSETS 22,904 7,577 NON-CURRENT ASSET Plant and equipment, net 2,471 2,177 TOTAL NON-CURRENT ASSET 2,471 2,177 TOTAL ASSETS $ 25,375 $ 9,754 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Accrued liabilities 3,100 3,750 Amount due to a director 18,585 5,124 Deferred revenue 3,300 2,400 TOTAL CURRENT LIABILITIES 24,985 11,274 TOTAL LIABILITIES $ 24,985 $ 11,274 SHAREHOLDERS' EQUITY Common stock – Par value $ 0.001 ; Authorized: 75,000,000 shares; Issued and outstanding: 5,545,000 and 4,000,000 as of August 31, 2024 and November 30, 2023, respectively $ 5,545 $ 4,000 Additional paid-in capital 29,355 - Accumulated deficit ( 33,960 ) ( 5,520 ) Other comprehensive loss ( 550 ) - TOTAL SHAREHOLDERS' EQUITY/(DEFICIT) $ 390 $ ( 1,520 ) TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 25,375 $ 9,754 The accompanying notes are an integral part of these financial statements. F-1 ACEZTECH CORPORATION CONDENSED INCEPTION) TO AUGUST 31, 2023 (UNAUDITED) (CURRENCY EXPRESSED IN UNITED STATES DOLLARS ("USquot;), EXCEPT FOR NUMBER OF SHARES) Three months ended August 31, From August 15, 2023 (Date of Inception) to August 31, Nine months ended August 31, From August 15, 2023 (Date of Inception) to August 31, 2024 2023 2024 2023 REVENUE $ 7,200 $ - $ 20,700 $ -