16 December 2025
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
JOCOM HOLDINGS CORP.
CIK: 1907425•2 Annual Reports•Latest: 2025-05-05
10-K / May 5, 2025
Revenue:$24,000
Income:$68,519
10-K / April 8, 2024
Revenue:$24,000
Income:-$156,891
10-K / May 5, 2025
Company Summary: Jocom Holdings Corp.
Business Overview
- Type of Business:
- Provides data analytic services related to customer behavior and predictive analysis.
- Operates advanced proprietary software, JOCOM AI Smart Platform, for analyzing buying patterns, predicting customer behavior, and optimizing product placement in retail and grocery sectors.
- Future plans include expanding into logistics (through logistic prediction algorithms) and mobile commerce platforms focused on online grocery and retail.
Key Operations
- Main Activities:
- Data analytics for online grocery market, focusing on customer purchase patterns in Malaysia.
- Subscription-based web software for retail and e-commerce businesses.
- Software development of logistic algorithms to improve delivery efficiency, including real-time routes, cross-border logistics, and integration with third-party logistics providers like DHL and FedEx.
- Developing a mobile commerce platform aimed at connecting rural producers and vendors directly with consumers, especially in Southeast Asia.
Customers
- Current Clients:
- Only one client, which is also a related party (Jocom Mshopping Sdn Bhd), an online grocery platform operator in Malaysia.
- Revenue from this client: $24,000 annually, generated from data analytic services.
- Future Goals:
- Expand services to additional customers across Southeast Asia and other online retail and grocery markets.
Employees & Management
- Total Employees:
- 2 full-time employees as of December 31, 2024:
- Mr. Sew Wen Chean (CEO, Director, Software Developer)
- Ms. Chua Hwee Ping (CFO, President, Secretary, Treasurer, Director)
- 2 full-time employees as of December 31, 2024:
- Key Personnel:
- Mr. Sew has over 20 years of experience in IT, software development, and digital signage.
- Ms. Chua has 20 years of experience in business, capital markets, and financial management.
Revenue & Financials
- Revenue (2024):
- $24,000 from data analytic services to the sole client.
- Income:
- Net profit for 2024: $68,519
- Net loss for 2023: $156,891
- Major components of other income in 2024 included:
- $51,301 from foreign currency variations
- $80,373 from reversal of doubtful debts
- Expenses:
- General and administrative expenses:
- $87,155 in 2024
- $217,123 in 2023
- General and administrative expenses:
- Financial Position:
- As of December 31, 2024:
- Cash and cash equivalents: $2,481 (up from $134 in 2023)
- Total assets: $5,790
- Total liabilities: $76,833
- Stockholders’ equity: $(68,561) (capital deficiency)
- As of December 31, 2024:
Additional Details
- Software & Patents:
- Proprietary software JOCOM AI Smart Platform, patented in Malaysia (Patent No. LY2021W02673).
- The platform analyzes customer data and behaviors for grocery retail in Malaysia.
- Market & Position:
- Quoted on OTC Markets (symbol: JOCM).
- No established public trading market yet.
- Focuses on online grocery and logistics, with plans to expand into mobile commerce targeting Asian markets and cross-border trade.
- Operations:
- Operate from Kuala Lumpur, Malaysia.
- Office lease from Ms. Chua Hwee Ping.
- Limited staff and minimal operational expenses as of December 31, 2024.
Summary
Jocom Holdings Corp. is an early-stage company focusing on data analytics for the Southeast Asian grocery and retail sectors. It develops proprietary AI and logistic software solutions, with a current primary revenue stream from a single related client. It has a small team, minimal current profit, and substantial capital challenges, but aims to expand its software offerings and customer base in the region.
