Vanjia Corp reported significant changes in its financial performance for the nine months ended September 30, 2024, compared to the same period in the previous fiscal year. The company generated revenue of $50,000, a decline from $75,500 reported for the nine months ended September 30, 2023. This represents a decrease of approximately 33.8%, indicating challenges in revenue generation.

Net profit for the nine-month period also saw a substantial decline, falling to $30,036 from $68,064 in the prior year, marking a decrease of about 55.8%. This decline in profitability is reflective of the reduced revenue and may suggest increased operational challenges or market conditions affecting sales.

In the most recent quarter, Vanjia Corp reported a net loss of $(1,699) for the three months ended September 30, 2024, compared to a smaller net loss of $(1,227) for the same quarter in 2023. This indicates a worsening financial position in the short term, contributing to an accumulated deficit of $75,810 as of September 30, 2024.

On a positive note, the company experienced a significant improvement in cash flow, with a net change in cash of $49,022 for the nine months ended September 30, 2024, compared to a net change of $(921) in the same period of the previous year. This improvement in cash position is reflected in the ending cash and cash equivalents, which increased to $71,590 as of September 30, 2024, up from $17,213 a year earlier.

As of September 30, 2024, Vanjia Corp reported total assets of $863,590, with total stockholders’ equity also at $863,590, indicating a balanced financial position in terms of assets and equity. The company continues to navigate its financial landscape amid the challenges reflected in its revenue and profitability metrics.