Ecomax, Inc

CIK:0001008653|SEC Filings

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
Statements of Operations (Unaudited) - USD ($)	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Revenues
Sales	$ 108,824	$ 96,221	$ 471,000	$ 96,221
Cost of goods sold	80,957	71,598	350,740	71,598
Gross profit	27,867	24,623	120,260	24,623
Cost and expenses:
Sales expenses	13,927	12,314	60,277	12,314
General and administrative	25,520	26,840	79,269	78,048
Total operating expenses	39,447	39,154	139,546	90,362
Other income and expenses
Interest expenses	6,949	5,761	22,507	14,375
Net loss	$ (18,529)	$ (20,292)	$ (41,793)	$ (80,114)
Per common share - Basic net loss	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.03)
Per common share - Diluted net loss	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.03)
Weighted average shares Outstanding, basic	2,380,958	2,380,958	2,380,958	2,380,958
Weighted average shares Outstanding, diluted	2,380,958	2,380,958	2,380,958	2,380,958

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended				9 Months Ended
Statements of Cash Flows (Unaudited) - USD ($)	Mar. 31, 2024	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net loss	$ (18,529)	$ (12,251)	$ (20,292)	$ (28,771)	$ (41,793)	$ (80,114)
Change in operating assets and liabilities:
Accounts receivable					63,513	(83,907)
Inventories					30,874	(55,798)
Accounts payable and accrued liabilities					(146)	18,574
Net cash provided(used) by operating activities					52,448	(201,245)
Cash flows from financing activities:
Advances from or (repayment to) related party					(52,448)	201,245
Net cash provided (used) by financing activities					(52,448)	201,245
Change in cash
Cash at beginning of period
Cash at end of period
Non-cash investing and financing activities:
Accrued interest to debt					$ 22,507

Balance Sheets - USD ($)	Mar. 31, 2024	Jun. 30, 2023
Current assets:
Cash
Accounts receivable	38,039	101,552
Inventories	36,080	66,954
Total current assets	74,119	168,506
TOTAL ASSETS	74,119	168,506
Current liabilities:
Accounts payable - trade	4,750	17,422
Total current liabilities	413,522	466,116
Commitment and Contingency
Total liabilities	413,522	466,116
Stockholders’ deficit:
Preferred stock, $0.0001 par value; 50,000,000 authorized; none issued and outstanding at March 31, 2024 and June 30, 2023
Common stock, $0.0001 par value; 450,000,000 shares authorized; 2,380,958 issued and outstanding at March 31, 2024 and June 30, 2023	238	238
Additional paid-in capital	286,524	286,524
Accumulated deficit	(626,165)	(584,372)
Total stockholders’ deficit	(339,403)	(297,610)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	74,119	168,506
Related Party [Member]
Current liabilities:
Note payable - related party	363,153	415,601
Accrued interest - related party	30,319	7,812
Accrued expenses
Nonrelated Party [Member]
Current liabilities:
Accrued expenses	$ 15,300	$ 25,280