Wiseman Global Limited Reports Net Loss of $292,153 for the Nine Months Ended September 30, 2021

Wiseman Global Limited,(WISM) a financial services company, has released its condensed consolidated financial statements for the nine months ended September 30, 2021. The company reported a net loss of $292,153 and generated revenue of $117,595 during the period. The financial statements provide a comprehensive overview of the company's assets, liabilities, stockholders' equity, and cash flows.

Overview of Assets and Liabilities

The condensed consolidated balance sheets of Wiseman Global Limited reveal the company's assets and liabilities as of September 30, 2021, and December 31, 2020. The company's current assets amounted to $1,310,733, including cash and cash equivalents of $90,313, accounts receivable of $78,275, and inventories of $406,053. Additionally, non-current assets were recorded at $179,707, primarily consisting of right-of-use assets and property, plant, and equipment.

On the liabilities side, the company's current liabilities totaled $667,943, including other payables and accrued liabilities of $206,957, income tax payable of $321,403, and lease liability of $67,054. Non-current liabilities amounted to $113,124, primarily related to lease liability.