M&A - INTEGRATED VENTURES, INC.

Form Type: 10-Q

Filing Date: 2025-02-14

Corporate Action: Acquisition

Type: New

Accession Number: 000147793225001038

Filing Summary: Integrated Ventures, Inc. filed its 10-Q for the quarterly period ended December 31, 2024. The report includes significant details about the company's financial performance, including a notable decrease in revenues from digital asset mining, which declined from $1.728 million in the previous year to zero in this quarter. The company's total revenue for the quarter was reported at $142,861, compared to $1.728 million in the same period last year. Operating expenses significantly increased as well, leading to a net loss attributable to shareholders of $673,911. The balance sheet reported total assets of $2.816 million and total liabilities of $3.896 million, indicating a continued negative equity position of approximately $5.206 million. Additionally, the document highlights the acquisition of a 51% interest in Healthy Lifestyle USA LLC and the issuance of common stock for this acquisition, reflecting an active strategy in expanding the company's portfolio.