SEATech Ventures Corp. Quarterly Report Released - Here’s What You Should Know

SEATech Ventures Corp. – Q3 2025 Investor Summary

Business Overview
SEATech Ventures Corp. is engaged in business mentoring and incubation services in Asia, primarily via its Hong Kong subsidiary. The Company currently trades on the OTC Market – Pink Sheets under the symbol SEAV.

Key Financial Metrics (as of September 30, 2025)

Revenue: $0 for the three and nine months ended September 30, 2025 and 2024. No operational revenue to date.
Net Loss: $(16,541) for Q3 2025 and $(30,732) YTD 2025; improved from $(25,258) and $(101,108) in Q3 and YTD 2024.
Comprehensive Loss: $(17,400) for Q3 2025, $(28,555) YTD 2025.
General and Administrative Expenses: $(18,806) for Q3 2025, $(66,986) for the first nine months, primarily driven by professional and executive expenses.
Cash & Cash Equivalents: $4,757 (down from $12,330 at Dec 31, 2024).
Total Assets: $10,402 (down from $19,571 at Dec 31, 2024).
Total Liabilities: $381,630 (down from $404,744).
Stockholders’ Deficit: $(371,228), improved from $(385,173).
Current Ratio: 0.02 ($7,487 in current assets vs $381,630 in current liabilities).
Shares Outstanding: 92,562,343 as of November 14, 2025.

Liquidity & Cash Flows

Operating Cash Flow: $(47,253) for nine months YTD 2025; higher cash burn compared to $(27,260) in YTD 2024.
Investing Cash Flow: $39,283 inflow, primarily from disposal of investment (no such activity in 2024).
Financing Cash Flow: $0 in YTD 2025, compared to $22,500 in YTD 2024.
No access to credit facilities; reliant on share issuance for funding.

Assets & Investments

Investments in Other Companies: $2,915 (incl. AsiaFIN Holdings Corp. $1,015, catTHIS Holdings Corp. $1,900). Decrease from $3,765 at year-end 2024 mainly due to exit from JOCOM Holdings Corp.
Accounts Receivable: $0 (after full allowance for credit losses; was $115,000 in Dec 2024, written down in 2025).

Liabilities

Accounts Payable: $285,200, mainly due to a related party.
Other Payables/Acrrued Liabilities: $96,430 (up from $77,044), includes $9,200 compensation to directors/officers, $26,169 in professional fees, and $15,393 due to a related party.

Risks & Going Concern

No revenue generation and a significant cash burn without revenue forecasted for the near term.
Stockholders’ deficit of $(371,228) and a working capital deficit position.
The auditors highlight substantial doubt about ability to continue as a going concern absent improved profitability or continued financing.
Highly concentrated payables and reliance on related party transactions may create financial and operational risks.
All accounts receivable fully reserved; potential issues with collectibility from investees/related parties.
No legal proceedings or off-balance sheet arrangements reported.

Corporate Developments

Management Turnover: Key director and officer resignations in June 2025.
Disposition: Sold 100% equity in two Malaysian subsidiaries effective October 2025 (subsidiaries had no operations and 0% impact on recent revenue).

Control & Procedures

Material weaknesses in internal controls persist, mainly due to resource limitations; company intends remediation by end of FY 2025.

Share Capital

2025 Issuance: 42,500 shares issued at $1.00 per share in April.
No unregistered sales of equity reported during the quarter.

Geographic Summary

All assets and activities concentrated in Malaysia, US, and Hong Kong.
Assets by country: Malaysia $9,536, US $530, HK $336.

Conclusion

SEATech Ventures Corp. currently faces severe operational challenges: no revenue, persistent losses, materially negative working capital, and minimal cash reserves. While losses have narrowed YTD, ongoing viability depends on management’s ability to secure further financing or initiate revenue-generating activities. Investors should be aware of the going concern risk and uncertainties around business sustainability.

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Posted Nov 14, 2025, 1:45 PM UTC