Company: STRG
Filing Date: 2025-04-29
Form Type: 10-K
Source: 0001640334-25-000716
Chunk: 93

Company: STARGUIDE GROUP, INC.
Filing Date: 2025-04-29
Form: 10-K
Item: Item 1B
Chunk 93
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,821 for the year ended January 31, 2024. The decrease in operating expenses was mainly due to an decrease in depreciation on plant and equipment and professional fees includes audit and accounting fees.

Our other expenses for the year ended January 31, 2025 were $6,801 compared to $93,355 for the year ended January 31, 2024. During the year ended January 31, 2024, the Company incurred impairment loss on software of $69,841 and impairment loss on goodwill of $26,319.

Liquidity and Financial Condition

Working Capital

   As of    As of          January 31,  January 31,         2025  2024  Changes  %              Current Assets $4  $161  $(157) (98%) Current Liabilities $338,626  $252,581  $86,045   34%Working Capital Deficiency $(338,622) $(252,420) $(86,202)  34%

Our total current assets as of January 31, 2025 were $4 as compared to total current assets of $161 as of January 31, 2024 due to a decrease in cash.

Our total current liabilities as of January 31, 2025 were $338,626 as compared to total current liabilities of $252,581 as of January 31, 2024. The increase was primarily due to an increase in convertible notes, due to related parties and accrued interest.

Our working capital deficit at January 31, 2025 was $338,622 as compared to working capital deficit of $252,420 as of January 31, 2024. The increase in working capital deficiency was mainly attributed to an increase in convertible notes, due to related parties and accrued interest.

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Cash Flows

Operating Activities

  Year Ended         January 31,         2025  2024  Changes  %              Cash flows used in operating activities $(58,943) $(65,726) $6,783  (10%) Cash flows used in investing activities  -   -   -   - Cash flows provided by financing activities  57,826   60,161   (2,335) (4%) Effect of