MS YOUNG ADVENTURE: MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL AND BUSINESS RESULTS (Form 10-K)
The company is a marketing and management consultancy providing advisory services to companies based in
Loan from a related party
8 Results of Operations
end of year
The following table summarizes the results of our business activities in the past financial years
Percentage Increase Increase Line Item 12/31/20 12/31/19 (Decrease) (Decrease) Revenues
$ 32,000 $ 34,500 $ (2,500 )(7.2 )% Operating expenses 129,181 83,473 45,708 54.8 % Other income - 4,500 (4.500 ) Inf. Net loss (105,426 ) (59,473 ) (45,953 ) (77.3 )%
Loss per common share (0.02) (0.01) (0.01) (100.0)%
Over the course of the year ended
Total cost of ownership
Liquidity and capital resources
compared to sales of
Management assumes that the company will have a cash infusion of at least
The accompanying financial statements were prepared on the assumption that the company will continue as a going concern. The company has had limited revenue since its inception. The company made a net loss of
Covid-19 referred to as a pandemic. In addition, at the time of filing this Annual Report on Form 10-K, several states in
In the past year
Off-balance sheet regulations
We have no off-balance sheet agreements that have or are reasonably likely to have a current or future effect on our financial position, changes in financial position, income or expenditure, results of operations, liquidity or capital expenditures or capital resources, i.e. on an investor in our securities.
Our operating result is not influenced by seasonality.
Our business and operating results are in no way affected by inflation.
Critical Accounting Policies
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