Company: STRG
Filing Date: 2025-06-12
Form Type: 10-Q
Source: 0001640334-25-001011
Chunk: 24

Company: STARGUIDE GROUP, INC.
Filing Date: 2025-06-12
Form: 10-Q
Item: Part I, Item 2
Chunk 24
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The Company incurred net loss of $12,794 for the three months ended April 30, 2025 compared to a net loss of $23,236 for the three months ended April 30, 2024. The decrease in net loss during the three months ended April 30, 2025 was mainly due to a decrease in operating expenses.

During the three months ended April 30, 2025 and 2024, the Company recognized gross revenue of $0 and $108 and incurred cost of sales of $0 and $34, resulting in gross profit of $0 and $74, respectively.

Our operating expenses for the three months ended April 30, 2025 were $14,089 compared to $22,097 for the three months ended April 30, 2024. The decrease in operating expenses was mainly due to a decrease in audit fees, accounting fees, rent expense and software costs.

Liquidity And Financial Condition

Working Capital

   As of    As of          April 30,  January 31,         2025  2025  Changes  %              Current Assets $125  $4  $121  3025%Current Liabilities $363,585  $338,626  $24,959   7%Working Capital Deficiency $(363,460) $(338,622) $(24,838)  7%

Our total current assets as of April 30, 2025 were $125 as compared to total current assets of $4 as of January 31, 2025 due to a increase in cash.

Our total current liabilities as of April 30, 2025 were $363,585 as compared to total current liabilities of $338,626 as of January 31, 2025. The increase was primarily due to an increase in convertible notes, amount due to related parties and accrued interest.

Our working capital deficit at April 30, 2025 was $363,460 as compared to working capital deficit of $338,622 as of January 31, 2025. The increase in working capital deficiency was mainly attributed to an increase in convertible notes, amount due to related parties and accrued interest.

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Cash Flows

  Three Months Ended       April 30,       2025  2024  Changes