The following management's discussion and analysis ("MD&A") should be read in conjunction with financial statements of Asiarim Corp. aka Un Monde International Worldwide Ltd. for the three months ended September 30, 2022 and 2021, and the notes thereto.

Safe Harbor for Forward-Looking Statements

Certain statements included in this MD&A constitute forward-looking statements, including those identified by the expressions anticipate, believe, plan, estimate, expect, intend, and similar expressions to the extent they relate to Asiarim Corp. aka Un Monde International Worldwide Ltd. or its management. These forward-looking statements are not facts, promises, or guarantees; rather, they reflect current expectations regarding future results or events. These forward-looking statements are subject to risks and uncertainties that could cause actual results, activities, performance, or events to differ materially from current expectations. These include risks related to revenue growth, operating results, industry, products, and litigation, as well as the matters discussed in Asiarim Corp. aka Un Monde International Worldwide Ltd.'s MD&A. Readers should not place undue reliance on any such forward-looking statements. Asiarim Corp. aka Un Monde International Worldwide Ltd. disclaims any obligation to publicly update or to revise any such statements to reflect any change in the Company's expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.





Overview


Asiarim Corp. aka Un Monde International Worldwide Ltd is a developmental stage company that focus on offering education and management services to private, distinguished, specialized, and internationalized education to international students in schools. We anticipate implementing our business within the next 12 months.





Results of Operations



The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included in this report.

Three Months Ended September 30, 2022 and 2021





Revenue


For the three months ended September 30, 2022 and 2021, the Company had not generated any revenues.





Operating Expenses


Operating expenses for the three months ended September 30, 2022 were $15,468 compared to $8,603 for the three months ended September 30, 2021.

The decrease of operating expenses is due to additional expenses incurred in 2021 as a result of the change of control of the Company in 2021 and for becoming a public reporting company





Other Income and Expenses


For the three months ended September 30, 2022 and 2021, the Company did not have any other income or expenses.





Net Income (Loss)


For the three months ended September 30, 2022, the Company had a net loss of $12,857 compared to the three months ended September 30, 2021 of a net loss of $38,097.







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Nine Months Ended September 30, 2022 and 2021





Revenue


For the nine months ended September 30, 2022 and 2021, the Company had not generated any revenues.





Operating Expenses


Operating expenses for the nine months ended September 30, 2022 were $30,197 compared to $46,700 for the nine months ended September 30, 2021.

The decrease of operating expenses is due to additional expenses incurred in 2021 as a result of the change of control of the Company in 2021 and for becoming a public reporting company.





Other Income and Expenses


For the nine months ended September 30, 2022 and 2021, the Company did not have any other income or expenses.





Net Income (Loss)


For the nine months ended September 30, 2022, the Company had a net loss of $30,197 compared to the nine months ended September 30, 2021 of a net loss of $46,700.

Liquidity and Capital Resources

As of September 30, 2022, we had no cash and a working capital deficit of $96,269.

The Company has not generated any revenues from operations, and may be unable to fund on-going activities. We cannot guarantee that we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in developing our own hardware and software, and the possibility of new regulations that will make our company difficult or impossible to operate.

If we are unable to meet our needs for cash from either our operations, or possible alternative sources, then we may be unable to continue, develop, or expand our operations.

If we are unable to complete any phase of our development program or fail to raise additional capital to maintain our operations in the future, we may be unable to carry out our full business plan or we may be forced to cease operations.

The Company's related party will continue to advance the necessary capital to pay the expenses of the Company and there are no formal financing agreements in place. The outstanding amount due to related parties was $79,873 and $62,308 as of September 30, 2022 and December 31, 2021.





Operating Activities


Net cash used in operating activities were $17,565 for the nine months ended September 30, 2022 and $39,389 for the same period ended 2021. The change resulted from net operating loss decrease of $16,503. Accounts payable and accrued expenses increased by $12,632 from $3,764 at December 31, 2021 to $16,396 at September 30, 2022. The increase in accounts payable and accrued expenses is related to other professional fee and administration expenses incurred and payable during the period.







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Investing Activities


No investing activities occurred during the nine months ended September 30, 2022 and 2020.





Financing Activities



Net cash provided by financing activities were $17,565 for the nine months ended September 30, 2022 and $39,389 for the same period ended in 2021. The Company received advances of $17,565 and $39,389 from a related party for working capital purposes for the nine months ended September 30, 2022 and 2021, respectively.

Off-Balance Sheet Arrangements

There are no off-balance sheet arrangements with any party.





Critical Accounting Policies


Our discussion and analysis of results of operations and financial condition are based upon our condensed consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these condensed consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We evaluate our estimates on an ongoing basis, including those related to provisions for uncollectible accounts receivable, inventories, valuation of intangible assets and contingencies and litigation. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

The accounting policies that we follow are set forth in Note 2 to our financial statements as included in the SEC report filed. These accounting policies conform to accounting principles generally accepted in the United States and have been consistently applied in the preparation of the financial statements.

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