Search information
YY Group Holding Limited
Companies
"Tax"
Keywords
Tables in SEC filings
Source
2023 | 2022 (As revised2) | 2021 (As revised2) | ||||||||||
USD | USD | USD | ||||||||||
Current Tax Expense | ||||||||||||
Current year | 115,833 | 107,355 | 13,829 | |||||||||
Changes in estimates related to prior years | 30,607 | - | - | |||||||||
Deferred tax expense/(credit) | ||||||||||||
Origination and reversal of temporary difference | 77,862 | 34,795 | (28,537) | |||||||||
Income tax expenses/(benefit) | 224,302 | 142,150 | (14,708) |
2023 | 2022 (As revised) | |||||||
USD | USD | |||||||
Deferred tax assets | ||||||||
Tax losses carried forward | 11,734 | 77,063 | ||||||
Lease liability | 14,335 | 37,293 | ||||||
Deferred tax liabilities | ||||||||
Right-of-use assets | 13,334 | 35,811 | ||||||
Depreciation | 11,997 | - | ||||||
Net deferred tax assets | 738 | 78,545 |
For the year ended December 31, 2022 | For the year ended December 31, 2021 | |||||||||||||||||||||||
As reported | Adjustment | As revised | As reported | Adjustment | As revised | |||||||||||||||||||
Cost of revenue | (17,496,915) | 46,784 | (17,450,131) | (15,115,601) | (46,784) | (15,162,385) | ||||||||||||||||||
Gross profit | 2,525,614 | 46,784 | 2,572,398 | 2,345,172 | (46,784) | 2,298,388 | ||||||||||||||||||
Operating profit | 1,186,076 | 46,784 | 1,232,860 | 564,544 | (46,784) | 517,760 | ||||||||||||||||||
Finance cost | (285,368) | (44,002) | (329,370) | (169,608) | - | (169,608) | ||||||||||||||||||
Profit before tax | 900,708 | 2,782 | 903,490 | 394,936 | (46,784) | 348,152 | ||||||||||||||||||
Income tax (expenses)/benefit | (141,676) | (474) | (142,150) | 6,754 | 7,954 | 14,708 | ||||||||||||||||||
Profit for the year | 759,032 | 2,308 | 761,340 | 401,690 | (38,830) | 362,860 | ||||||||||||||||||
Total comprehensive income for the year | 785,963 | 2,308 | 788,271 | 391,751 | (38,830) | 352,921 |
Note | December 31, 2023 | December 31, 2022 (As revised2) | ||||||||
USD | USD | |||||||||
Assets | ||||||||||
Current assets: | ||||||||||
Cash | 5 | 467,235 | 161,022 | |||||||
Trade receivables | 6 | 7,037,942 | 4,155,737 | |||||||
Prepayment and other current assets | 7 | 2,667,166 | 425,649 | |||||||
Amount due from related parties | 18 | 31,298 | 457,312 | |||||||
Total Current Assets | 10,203,641 | 5,199,720 | ||||||||
Non-current assets: | ||||||||||
Right-of-use assets | 8 | 78,434 | 210,651 | |||||||
Property and equipment, net | 9 | 368,621 | 278,866 | |||||||
Prepayment, non-current | 7 | 18,656 | - | |||||||
Deferred tax assets | 17 | 738 | 78,545 | |||||||
Total Non-current assets | 466,449 | 568,062 | ||||||||
Total Assets | 10,670,090 | 5,767,782 | ||||||||
Currents Liabilities: | ||||||||||
Trade and other payables | 10 | 2,996,636 | 2,013,743 | |||||||
Amount due to related parties | 18 | 67,521 | 74,292 | |||||||
Lease liabilities, current | 11 | 69,135 | 147,474 | |||||||
Loans and borrowings, current | 11 | 2,856,491 | 1,279,314 | |||||||
Total Current Liabilities | 5,989,783 | 3,514,823 | ||||||||
Non-current Liabilities: | ||||||||||
Loans and borrowings, non-current | 11 | 523,607 | 503,286 | |||||||
Convertible notes – liability component | 11 | - | 736,129 | |||||||
Lease liabilities, non-current | 11 | 15,187 | 71,895 | |||||||
Total Non-current Liabilities | 538,794 | 1,311,310 | ||||||||
Total Liabilities | 6,528,577 | 4,826,133 | ||||||||
Equity | ||||||||||
Share Capital* | 12 | 3,564,150 | 1,228,037 | |||||||
Reserves | 12 | 20,667 | 20,825 | |||||||
Retained earnings (accumulated deficit) | 545,797 | (306,537) | ||||||||
Equity attributable to owners of the Company | 4,130,614 | 942,325 | ||||||||
Non-controlling interests | 10,899 | (676) | ||||||||
Total equity | 4,141,513 | 941,649 | ||||||||
Total liabilities and equity | 10,670,090 | 5,767,782 |
Cleaning | Manpower | Unallocated | Total | |||||||||||||
USD | USD | USD | USD | |||||||||||||
2023 | ||||||||||||||||
Segment Revenue | 18,565,897 | 13,206,389 | – | 31,772,286 | ||||||||||||
Cost of revenue | (17,156,622) | (10,963,884) | – | (28,120,506) | ||||||||||||
Other income | 1,212,231 | 618,668 | – | 1,830,899 | ||||||||||||
Selling and marketing expenses | (46,188) | (145,394) | – | (191,582) | ||||||||||||
General and administrative expenses | (904,227) | (606,278) | (2,335,862) | (3,846,367) | ||||||||||||
Other expenses | (14,214) | (13,567) | - | (27,781) | ||||||||||||
Finance cost | (160,662) | (58,086) | (109,862) | (328,610) | ||||||||||||
Income tax expenses | (133,672) | (90,630) | – | (224,302) | ||||||||||||
Segment Profit (loss) | 1,362,543 | 1,947,218 | (2,445,724) | 864,037 | ||||||||||||
2022 (As revised2) | ||||||||||||||||
Segment Revenue | 13,221,770 | 6,800,759 | – | 20,022,529 | ||||||||||||
Cost of revenue | (11,899,993) | (5,550,138) | – | (17,450,131) | ||||||||||||
Other income | 1,899,039 | 53,381 | – | 1,952,420 | ||||||||||||
Selling and marketing expenses | (62,328) | (263,350) | – | (325,678) | ||||||||||||
General and administrative expenses | (746,604) | (77,997) | (2,084,566) | (2,909,167) | ||||||||||||
Other expenses | (57,111) | (2) | – | (57,113) | ||||||||||||
Finance cost | (285,368) | - | (44,002) | (329,370) | ||||||||||||
Income tax expenses | (107,220) | (34,930) | – | (142,150) | ||||||||||||
Segment Profit (loss) | 1,962,185 | 927,723 | (2,128,568) | 761,340 | ||||||||||||
2021 (As revised2) | ||||||||||||||||
Segment Revenue | 12,458,390 | 5,002,383 | – | 17,460,773 | ||||||||||||
Cost of revenue | (11,396,564) | (3,765,821) | – | (15,162,385) | ||||||||||||
Other income | 812,554 | 183,539 | – | 996,093 | ||||||||||||
Selling and marketing expenses | (73,846) | (115,296) | – | (189,142) | ||||||||||||
General and administrative expenses | (576,479) | (74,872) | (1,925,848) | (2,577,199) | ||||||||||||
Other expenses | (10,362) | (18) | – | (10,380) | ||||||||||||
Finance cost | (169,608) | – | – | (169,608) | ||||||||||||
Income tax (expenses) benefit | (7,963) | 22,671 | – | 14,708 | ||||||||||||
Segment Profit (loss) | 1,036,122 | 1,252,586 | (1,925,848) | 362,860 |