| Schedule of Proforma Statements of Operations |
| OBITX |
| Proforma
Statements of Operations |
| |
|
Period
from Inception (March 30, 2017) to January 31, 2018 |
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
For
the year ended
|
| |
|
|
|
|
|
|
January
31, |
| |
|
|
|
|
|
|
2018 |
| |
|
|
|
|
|
|
|
| Sales |
|
|
|
|
$ 1,342,056 |
| |
Computer Lease |
|
|
|
|
11,238 |
| |
Cost of Services |
|
|
|
|
221,612 |
| |
Depreciation Expense |
|
|
|
|
199,455 |
| |
Freight and Shipping Costs |
|
|
|
|
202 |
| |
Software Maintenance |
|
|
|
|
51,536 |
| Total Cost of Sales |
|
|
|
|
484,042 |
| Gross Profit |
|
|
|
|
858,014 |
| Selling, general, and administrative |
|
|
|
|
26,902 |
| Professional fees |
|
|
|
|
8,484 |
| Marketing & advertising |
|
|
|
|
5,198 |
| Payroll |
|
|
|
|
55,195 |
| Consultant fees |
|
|
|
|
73,500 |
| Total operating expenses |
|
|
|
|
169,279 |
| Net Income from operations (before
taxes) |
|
|
688,735 |
| Income Taxes - Current |
|
|
|
|
(234,170) |
| Net income (after taxes) |
|
|
|
|
454,565 |
| Gain (loss) attributable to non-controlling
interest |
|
|
| Net income (loss) attributable to
controlling interest |
|
$
454,565 |
| Basic and diluted (Loss) per share: |
|
|
|
|
|
| Income per share from continuing
operations |
|
|
0.4066 |
| Income per share |
|
|
|
|
0.4066 |
| Weighted average shares outstanding
- basic and diluted |
|
1,118,082 |
| |
|
|
|
|
|
|
|
| See accompanying
notes to unaudited financial statements. |
|