For the quarter ending 2025-09-30, SPEV made $120,671 in revenue. -$137,860 in net income. Net profit margin of -114.24%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Product | - | 0 | - | - |
| Power Usage Revenue | 4,680 | 3,773 | - | - |
| Service | 3,665 | 3,349 | - | - |
| Cost of revenue-Product | - | 445 | - | - |
| Total revenue | 8,345 | 7,122 | - | - |
| Cost of revenue-Power Usage Revenue | 15,527 | 11,185 | - | - |
| Less revenue share | 1,435 | 1,134 | - | 15,442 |
| Revenueshareexpense | - | - | - | 1,422 |
| Cost of revenue default label | - | - | - | 28,904 |
| Gross margin | -8,617 | -5,642 | 125,352 | -14,884 |
| Professional fees | 14,140 | 9,234 | 4,043 | 13,000 |
| General and administrative | 37,686 | 14,833 | 25,695 | 12,045 |
| Consulting | 10,500 | 9,001 | 22,882 | 20,155 |
| Officer compensation | 50,000 | 50,000 | 50,000 | 50,000 |
| Total operating expenses | 112,326 | 83,068 | 102,620 | 95,200 |
| Loss from operations | -120,943 | -88,710 | 22,732 | -110,084 |
| Interest expense, debt | - | - | - | 17,111 |
| Grant income | - | - | - | 50,000 |
| Interest expense | 16,917 | 17,145 | 16,841 | - |
| Total other expense | -16,917 | -17,145 | -16,841 | 32,889 |
| Net loss | -137,860 | -105,855 | 5,891 | -77,195 |
| Loss per common share basic | 0 | 0 | 0 | 0 |
| Loss per common share diluted | 0 | 0 | 0 | 0 |
| Weighted average number of common shares basic | 49,190,204 | 49,190,204 | 48,613,077 | 48,478,678 |
| Weighted average number of common shares diluted | 49,190,204 | 49,190,204 | 48,613,077 | 48,478,678 |
SHOREPOWER TECHNOLOGIES INC. (SPEV)
SHOREPOWER TECHNOLOGIES INC. (SPEV)