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Crown Equity Holdings, Inc.

CIK: 11038332 Annual ReportsLatest: 2025-04-29

10-K / April 29, 2025

Revenue:$1,443
Income:-$3,716,914

10-K / April 18, 2024

Revenue:$112
Income:-$784,332

10-K / April 29, 2025

Summary of What Crown Equity Holdings Inc. Does

Company Overview:

  • Crown Equity Holdings Inc., originally incorporated in 1995 in Nevada, has primarily transitioned to providing online advertising, marketing, and public relations services through its digital media network.
  • The company now serves companies seeking to become public entities in the United States and offers corporate consulting, public relations, and news dissemination.

Core Business Operations:

  • Operates a network of websites focused on online news, information, and branding.
  • Provides advertising and marketing solutions, including digital advertising, search engine optimization (SEO), and distribution of news and press releases for clients.
  • Offers online media-driven advertising services that include click-based and impression advertising, as well as publishing and dissemination services.
  • Markets its services to increase client brand awareness and online presence, earning revenue through cash and/or stock of client companies.

Specific Services Provided:

  • Distributes news, press releases, and financial information on its various websites.
  • Publishes community-targeted online news and information, aiming to grow readership and attract advertisers.
  • Offers consulting services to private and public companies on corporate structure and operations, including assisting companies through the process of going public.

Customer & Revenue Details:

  • Revenue for the fiscal year ending December 31, 2024, was $1,443, compared to $112 in 2023.
  • The revenue sources in 2024 included advertising, click-based and impression ads, publishing, and distribution services, as well as fees from corporate clients.
  • The company has a relatively small client base, with no specific number of customers disclosed, but its revenue and service offerings indicate a focus on companies seeking visibility and public presence.

Employees:

  • The company primarily operates without a full-time staff; it utilizes independent contractors and office space provided free of charge by an officer/director.

Financials & Market Position:

  • As of April 29, 2025, the total number of shares outstanding was approximately 15,840,384.
  • The stock is traded on the OTC Markets Group's Pink Market under the symbol CRWE.
  • The company reported a net loss of approximately $3,716,914 for the year ended December 31, 2024, significantly higher than the net loss of $784,332 in 2023, primarily due to amortization of warrant discounts and losses on debt conversions.
  • As of December 31, 2024, the company had total assets of $3,858 and total liabilities of $325,505, with a stockholders' deficit of $321,647.

Additional Details:

  • The company’s strategic focus is on online publishing, online branding, and providing services to companies looking to go public, with ongoing efforts to increase online readership and attract advertisers.
  • The company faces ongoing liquidity challenges and limited revenues, with minimal operational income and negative cash flows.

Summary:
Crown Equity Holdings Inc. operates as an online media publisher and digital marketing services provider, focusing on distributing news, press releases, and online advertising for corporate clients, especially those seeking to become public entities. Its revenue remains minimal, and it has significant losses, primarily due to debt-related expenses and operational costs.