Yes good question: As an example the revenues of Berkshire Hathaway’s foreign subsidiaries are included in the holding company’s consolidated financial statements. Under generally accepted accounting principles (GAAP), when Berkshire owns a majority stake in a subsidiary, the subsidiary’s financial data—including revenue, expenses, assets, and liabilities—are aggregated with the parent company's results.
Key details on how Berkshire reports these revenues include:
Consolidation: Foreign subsidiary revenues are translated from their functional currency into U.S. Dollars and consolidated into Berkshire's income statement.
Intercompany Elimination: Intercompany transactions (e.g., if one subsidiary sells to another) are eliminated to ensure the revenues are not double-counted.
Specific Examples: The international property/casualty and global life/health reinsurance activities of General Re are fully consolidated into Berkshire's reported earnings.
Reporting Lag: Historically, some foreign subsidiaries were reported with a one-quarter lag to assist with timely filing, though this has been largely updated to improve synchronization.
Foreign Currency Impact: Changes in foreign currency exchange rates can impact the reported revenues, as well as the value of foreign-denominated debt.
OneMind Technologies
MTi Mingothings
Marina Eye-Cam Technologies
Should all eventually show up on the Affluence Corp financials.
Revenues for 3 months ending March 31 2025
$113,490
Revenues for 3 months ending June 30 2025
$2,130,984
Revenues for 3 months ending September 30 2025
$1,871,624 of which was more than 2024
Sales for 2024 were only $189,505
(2024 was a result of the failed Durham Black merger)
Sales for 2023 were $1,994,305
Sales for 2022 were $1,463,000
22,23 and 24 total $3,646,000
For the 9 months of 2025 Affluence showed $4,116,098 in revenues.
That is more than the 3 years total of 22,23 & 24
Affluence Corp core operations are projected to generate revenues exceeding $6-7 million in fiscal year 2025.
This means revenues from October, November and December should total $1,883,902 - $2,883,903
Anything higher will be a surprise.
Revenues are up much better than the prior years.
Lets hope the 2025 Annual Report shows the last quarter has some nice revenues much better than 2024 because that one was bad.
I am hoping for a surprise in revenues.
Before anyone says surprise there will be an increase in outstanding shares, we all know that.
None of us are happy about the share increase.
With the revenue increases came expenses too.
Debt was paid down but not all of it.
Hopefully the Annual Report will give guidance on the old debt that must be settled.
AI
