PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH) Financial Statements (2025 and earlier)

Company Profile

Business Address #207, 1410 ? 11TH AVENUE SW
CALGARY, AB T3C 0M8
State of Incorp. NV
Fiscal Year End May 31
Industry (SIC) 57 - Home Furniture, Furnishings, And Equipment Stores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

2/28/2025
MRQ
11/30/2024
MRQ
5/31/2024
5/31/2023
5/31/2022
5/31/2021
5/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1651462594046
Cash and cash equivalent1651462594046
Total current assets:1651462594046
Noncurrent Assets
TOTAL ASSETS:1651462594046
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:166,641166,909158,348159,699163,027155,551
Other undisclosed accounts payable and accrued liabilities166,641166,909158,348159,699163,027155,551
Debt  398466,817466,8171,195,2251,195,225
Other liabilities191,330191,330134,792134,792134,792126,967
Due to related parties 32,580429,121309,121
Other undisclosed current liabilities2,056,6662,037,5561,536,7791,346,83537,6969,810
Total current liabilities:2,414,6372,396,1932,296,7362,140,7231,959,8611,796,674
Noncurrent Liabilities
Total liabilities:2,414,6372,396,1932,296,7362,140,7231,959,8611,796,674
Equity
Equity, attributable to parent(2,414,472)(2,396,179)(2,296,730)(2,140,464)(1,959,821)(1,796,628)
Common stock19,76819,76819,76819,76819,76819,768
Additional paid in capital2,655,2362,655,2362,655,2362,655,2362,655,2362,655,236
Accumulated other comprehensive income57,19757,19757,19757,19757,19757,197
Accumulated deficit(5,146,673)(5,128,380)(5,028,931)(4,872,665)(4,692,022)(4,528,829)
Total equity:(2,414,472)(2,396,179)(2,296,730)(2,140,464)(1,959,821)(1,796,628)
TOTAL LIABILITIES AND EQUITY:1651462594046

Income Statement (P&L) (USD)

2/28/2025
TTM
11/30/2024
TTM
5/31/2024
5/31/2023
5/31/2022
5/31/2021
5/31/2020
Revenues    368411 
Revenue from related parties 368  
Gross profit:    368411 
Operating expenses(31,714)(99,449)(156,266)(181,011)(163,604)(171,666)
Operating loss:(31,714)(99,449)(156,266)(180,643)(163,193)(171,666)
Loss from continuing operations:(31,714)(99,449)(156,266)(180,643)(163,193)(171,666)
Loss before gain (loss) on sale of properties:(180,643)(163,193)(171,666)
Net loss available to common stockholders, diluted:(31,714)(99,449)(156,266)(180,643)(163,193)(171,666)

Comprehensive Income (USD)

2/28/2025
TTM
11/30/2024
TTM
5/31/2024
5/31/2023
5/31/2022
5/31/2021
5/31/2020
Net loss:(31,714)(99,449)(156,266)(180,643)(163,193)(171,666)
Comprehensive loss, net of tax, attributable to parent:(31,714)(99,449)(156,266)(180,643)(163,193)(171,666)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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