Company: STRG
Filing Date: 2025-04-29
Form Type: 10-K
Source: 0001640334-25-000716
Chunk: 214

Company: STARGUIDE GROUP, INC.
Filing Date: 2025-04-29
Form: 10-K
Item: Item 4
Chunk 214
---
712) $(202,345) $111,633  (55%) 

Our audited financial statements report a net loss of $90,712 for the year ended January 31, 2025 compared to a net loss of $202,345 for the year ended January 31, 2024. The decrease in net loss during the year ended January 31, 2025 was mainly due to an decrease in the operating expenses and other expenses.

During the year ended January 31, 2025 and 2024, the Company recognized gross revenue of $2,132 and $4,370 and incurred cost of sales of $1,896 and $539, resulting in gross profit of $236 and $3,831, respectively.

Our operating expenses for the year ended January 31, 2025 were $84,147 compared to $112,821 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