# EDGAR Filing Document

**Accession Number:** 0001781629
**File Stem:** 0001683168-25-005254
**Filing Date:** 2025-7
**Character Count:** 56977
**Document Hash:** b1fa293a7a1d8fc3c781e029d9324109
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683168-25-005254.hdr.sgml**: 20250722

**ACCESSION NUMBER**: 0001683168-25-005254

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 42

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250722

**DATE AS OF CHANGE**: 20250721

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ankam, Inc.
- **CENTRAL INDEX KEY:** 0001781629
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 611900749
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56526
- **FILM NUMBER:** 251138186

**BUSINESS ADDRESS:**
- **STREET 1:** 5F, NO. 97, JINGYE 1ST RD.
- **STREET 2:** ZHONGSHAN DIST.
- **CITY:** TAIPEI CITY
- **STATE:** F5
- **ZIP:** 104
- **BUSINESS PHONE:** 886-928-486237

**MAIL ADDRESS:**
- **STREET 1:** 5F, NO. 97, JINGYE 1ST RD.
- **STREET 2:** ZHONGSHAN DIST.
- **CITY:** TAIPEI CITY
- **STATE:** F5
- **ZIP:** 104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ankam Inc.
- **DATE OF NAME CHANGE:** 20190703

?xml version='1.0' encoding='ASCII'? ANKAM, INC. 10-Q

[**Table of Contents**](#q2_toc)

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

Washington, D.C. 20549

**Form 10-Q**

☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended **May 31, 2025**

or

☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from __________ to __________

Commission file number **000-56526**

**ANKAM, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Nevada** | **61-1900749** | **7370** |
| (State or Other Jurisdiction of<br> Incorporation or Organization) | (I.R.S. Employer<br> Identification Number) | (Primary Standard Industrial<br> Classification Code Number) |

---

Wen Lung, WANG 5F., No. 97, Jingye 1st Rd., Zhongshan Dist., Taipei City 104, Taiwan (R.O.C.). +886-928486237 mainoffice@ankam.net <br> (Address, including Zip Code, and Telephone Number, including Area Code, of Registrant's Principal Executive Office)

---

| | | |
|:---|:---|:---|
| Securities registered under Section 12(b) of the Exchange Act: | Securities registered under Section 12(b) of the Exchange Act: | Securities registered under Section 12(b) of the Exchange Act: |
| Title of each class | Trading Symbol | Name of each exchange on which registered |
| **N/A** | **N/A** | **N/A** |

---

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ☒ &nbsp;&nbsp;&nbsp;&nbsp; No ☐

Indicate by check mark whether the registrant has submitted electronically on its corporate Web site, if any, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes ☐ &nbsp;&nbsp;&nbsp;&nbsp; No ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer", "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act:

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> (Do not check if a smaller reporting company) Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ☐ &nbsp;&nbsp;&nbsp;&nbsp; No ☒

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 4,558,063 common shares issued and outstanding as of July 14, 2025.

**ANKAM, INC.**

FORM 10-Q

Quarterly Period Ended May 31, 2025

INDEX

---

| | | |
|:---|:---|:---|
|  |  | **Page** |
| **PART I** | **[FINANCIAL INFORMATION:](#q2_001)** |  |
| **Item 1.** | [Financial Statements (Unaudited)](#q2_002) | 3 |
|  | [Consolidated Balance Sheets as of May 31, 2025 (Unaudited) and November 30, 2024](#q2_003) | 4 |
|  | [Consolidated Statements of Operations for the three and six months ended May 31, 2025 and 2024 (Unaudited)](#q2_004) | 5 |
|  | [Consolidated Statements of Stockholders' Deficit for the six months ended May 31, 2025 and 2024 (Unaudited)](#q2_005) | 6 |
|  | [Consolidated Statements of Cash Flows for the six months ended May 31, 2025 and 2024 (Unaudited)](#q2_006) | 7 |
|  | [Notes to the Consolidated Financial Statements (Unaudited)](#q2_007) | 8 |
| **Item 2.** | [Management's Discussion and Analysis of Financial Condition and Results of Operations](#q2_008) | 14 |
| **Item 3.** | [Quantitative and Qualitative Disclosures About Market Risk](#q2_009) | 17 |
| **Item 4.** | [Controls and Procedures](#q2_010) | 17 |
| **PART II** | **[OTHER INFORMATION:](#q2_011)** |  |
| **Item 1.** | [Legal Proceedings](#q2_012) | 18 |
| **Item 1A.** | [Risk Factors](#q2_013) | 18 |
| **Item 2.** | [Unregistered Sales of Equity Securities and Use of Proceeds](#q2_014) | 18 |
| **Item 3.** | [Defaults Upon Senior Securities](#q2_015) | 18 |
| **Item 4.** | [Mine Safety Disclosures](#q2_016) | 18 |
| **Item 5.** | [Other Information](#q2_017) | 18 |
| **Item 6.** | [Exhibits](#q2_018) | 18 |
| **[Signatures](#q2_019)** |  | 19 |

---

**PART I - FINANCIAL INFORMATION**

**Item 1.** **Financial Statements (Unaudited)**

The accompanying interim financial statements of Ankam, Inc. ("the Company", "we", "us" or "our"), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted accounting principles have been omitted pursuant to such rules and regulations.

The interim financial statements should be read in conjunction with the Company's latest annual financial statements.

In the opinion of management, the financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

**ANKAM, INC.**

**CONSOLIDATED BALANCE SHEETS**

---

| | | |
|:---|:---|:---|
|  | **May 31,**<br> **2025** | **November 30,**<br> **2024** |
| **ASSETS** |  |  |
| **CURRENT ASSETS:** |  |  |
| &nbsp;&nbsp;&nbsp;Cash | $134669 | $57 |
| &nbsp;&nbsp;&nbsp;Accounts receivable | 65000 |  |
| &nbsp;&nbsp;&nbsp;Prepaid expenses |  |  |
| &nbsp;&nbsp;&nbsp;Right-of-use asset, net |  |  |
| &nbsp;&nbsp;&nbsp;Director C/A | 92853 | 74128 |
| Total current assets | 292522 | 74185 |
| Capitalized software costs, net | 78182 | 104523 |
| **TOTAL ASSETS** | $**370704** | $**178708** |
| **LIABILITIES AND STOCKHOLDERS' DEFICIT** |  |  |
| **CURRENT LIABILITIES:** |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses | $129437 | $3479 |
| &nbsp;&nbsp;&nbsp;Deferred revenue | 20000 |  |
| &nbsp;&nbsp;&nbsp;Related party loan | 449338 |  |
| &nbsp;&nbsp;&nbsp;Amount due to director | 50932 | 499338 |
| &nbsp;&nbsp;&nbsp;Lease liability | – | – |
| Total current liabilities | 649707 | 502817 |
| Total liabilities | 649707 | 502817 |
| **Commitments and contingencies (Note 8)** |  |  |
| **STOCKHOLDERS' DEFICIT:** |  |  |
| &nbsp;&nbsp;&nbsp;Common stock: $0.001 par value, 75,000,000 shares authorized, 4,558,063 shares issued and outstanding | 4558 | 4558 |
| &nbsp;&nbsp;&nbsp;Additional paid in capital | 169072 | 169072 |
| &nbsp;&nbsp;&nbsp;Accumulated deficit | (452633) | (497739) |
| Total stockholders' deficit | (279003) | (324109) |
| **TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT** | $**370704** | $**178708** |

---

 

*The accompanying notes are an integral part of these unaudited consolidated financial statements.*

 

 

 

 

**ANKAM, INC.**

**CONSOLIDATED STATEMENTS OF OPERATIONS**

(Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **For three**<br> **months ended**<br> **May 31,**<br> **2025** | **For three**<br> **months ended**<br> **May 31,**<br> **2024** | **For six**<br> **months ended**<br> **May 31,**<br> **2025** | **For six**<br> **months ended**<br> **May 31,**<br> **2024** |
| **REVENUE** | $165000 | $15385 | $240000 | $25145 |
| **Cost** | 63000 | – | 103000 | – |
| **Gross Profit** | **102000** | **15385** | **137000** | **25145** |
| **EXPENSES:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative expenses | 1663 | 88 | 1663 | 26822 |
| &nbsp;&nbsp;&nbsp;Director fee |  | 24000 |  | 46000 |
| &nbsp;&nbsp;&nbsp;Professional fees |  | 5057 | 932 | 30378 |
| &nbsp;&nbsp;&nbsp;Server expense | 31479 | 44898 | 62958 | 89796 |
| &nbsp;&nbsp;&nbsp;Amortization | 13171 | 13170 | 26341 | 22691 |
| **Total expenses** | 46313 | 87213 | 91894 | 215687 |
| **PROFIT/(LOSS) FROM OPERATIONS** | **55687** | **(71828)** | **45106** | **(190542)** |
| **OTHER INCOME (EXPENSES):** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Gain on sale of asset | – | – | – | – |
| **Loss before income taxes** | **55687** | **(71828)** | **45106** | **(190542)** |
| **Provision for income taxes** | – | – | – | – |
| **NET Profit/(Loss)** | $**55687** | $**(71828)** | $**45106** | $**(190542)** |
| **Net Profit per common share - basic** | $**0.01** | $**(0.02)** | $**0.01** | $**(0.04)** |
| **Weighted average number of common shares outstanding - basic and diluted** | **4558063** | **4327996** | **4558063** | **4327996** |

---

*The accompanying notes are an integral part of these unaudited consolidated financial statements.*

 

 

**ANKAM, INC.**

**CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT**

(Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Common Stock** | **Common Stock** | | | |
|  | **Shares** | **Amount** | **Additional**<br>**Paid-in**<br>**Capital** |<br>**Accumulated**<br>**Deficit** | **Total**<br>**Stockholders'**<br>**Deficit** |
| **Balance as of November 30, 2023** | **4327996** | $**4328** | $**31262** | $**(360893)** | $**(325303)** |
| **Net loss** |  |  |  | (118713) | (118713) |
| **Balance as of February 29, 2024** | **4327996** | $**4328** | $**31262** | $**(479606)** | $**(444016)** |
| **Net loss** |  |  |  | (71828) | (71828) |
| **Balance as of May 31, 2024** | **4327996** | $**4328** | $**31262** | $**(551434)** | $**(515844)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Balance as of November 30, 2024** | **4558063** | $**4558** | $**169072** | $**(497739)** | $**(324109)** |
| **Net loss** |  |  |  | (10581) | (10581) |
| **Balance as of February 29, 2025** | **4558063** | $**4558** | $**169072** | $**(508320)** | $**(334690)** |
| **Net profit** | – | – | – | 55687 | 55687 |
| **Balance as of May 31, 2025** | **4558063** | $**4558** | $**169072** | $**(452633)** | $**(279003)** |

---

 

 

 

 

*The accompanying notes are an integral part of these unaudited consolidated financial statements.*

**ANKAM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS**

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **For six months <br> ended <br> May 31, 2025** | **For six months<br> ended <br> May 31, 2024** |
| **Cash Flows from Operating Activities:** |  |  |
| Net profit (loss) | $45106 | $(190542) |
| Adjustments to reconcile net loss to net cash provided by operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;Amortization expense | 26341 | 22691 |
| Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Accounts receivable | (65000) | 21390 |
| &nbsp;&nbsp;&nbsp;Related party activity, net |  |  |
| &nbsp;&nbsp;&nbsp;Prepaid expenses |  | (30997) |
| &nbsp;&nbsp;&nbsp;Right-of-use asset/liability, net |  | (14021) |
| &nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses | 125958 | 184040 |
| &nbsp;&nbsp;&nbsp;Deferred revenue | 20000 | 4305 |
| Net cash provided by (used in) operating activities | 152405 | (3134) |
| **Cash Flow from Investing Activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Capitalized Software Costs | – | (131400) |
| Net cash provided by (used in) investing activities | – | (131400) |
| **Cash Flows from Financing Activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Related party activity, net | (17793) | 135317 |
| Net cash provided by (used in) financing activities | (17793) | 135317 |
| **NET CHANGE IN CASH** | 134612 | 783 |
| **CASH AT BEGINNING OF THE PERIOD** | 57 | 286 |
| **CASH AT THE END OF THE PERIOD** | $134669 | $1069 |
| **SUPPLEMENTAL CASH FLOW INFORMATION:** |  |  |
| &nbsp;&nbsp;&nbsp;Cash paid for interest | $– | $– |
| &nbsp;&nbsp;&nbsp;Cash paid for income taxes | $– | $– |
| **NON-CASH INVESTING AND FINANCING ACTIVITY:** |  |  |
| &nbsp;&nbsp;&nbsp;Operating lease liability and right of use asset | $– | $23564 |

---

*The accompanying notes are an integral part of these unaudited consolidated financial statements.*

**ANKAM, INC.**

**NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS**

**As of May 31, 2025**

(Unaudited)

**NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS**

Ankam, Inc. (the "Company") was incorporated in August 2018 under the laws of the State of Nevada. The Company's business lies in possessing and developing Expense Minder, a proprietary product designed to streamline and manage expense reporting for users. The Company is constructing an application that facilitates a user's expense management.

On November 29, 2023, Ankam, Inc. entered into a material definitive agreement by establishing a wholly-owned subsidiary, Ankam LLC. Ankam LLC was organized in Wyoming and is authorized to engage in any legal act. On November 30, 2023, the Company completed the transfer of all operations associated with the business of MoneySaverApp to its wholly-owned subsidiary, Ankam LLC. The assets transferred included 100% of the ownership interests of MoneySaverApp and all operations associated with the MoneySaverApp. Ankam LLC is managed by Ankam, Inc. who holds the position of Manager of the Ankam LLC and owned in its entirety by the Company. The Company holds 100% ownership interest in the Ankam LLC and is duly authorized to oversee and execute its operational activities.

On January 3, 2024, Ankam, Inc. entered into the Acquisition Agreement for the acquisition of complete ownership of Apex Intelligence LLC, a Wyoming limited liability company, inclusive of the Apex, a currency converter service, along with all codes, licenses, intellectual property rights, related documentation and all activities related to the business of the Apex, for total consideration of $158,040. The initial payment of $20,000 was processed to Mr. Hordieiev on January 3, 2024. For the outstanding balance of $138,040 the Company issued a Promissory Note on January 3, 2024 with an annual interest rate of 10% for a duration of one year till January 3, 2025 (the "Closing Date") with the obligation to issue common shares equivalent to the remaining balance if the Company fails to settle the outstanding balance by the Closing Date. The Company signed a Supplement to the Convertible Promissory Note dated January 9, 2024, establishing the conversion price at a per-share value of $0.60.

On July 29, 2024, Ankam, Inc. and Maksym Hordieiev, the holder of the Convertible Promissory Note (the "Holder") signed a Supplementary Agreement regarding the repayment of the outstanding debt of $138,040. And the Company approved the issuance of shares of its common stock to the Holder in exchange for the repayment of $138,040 of outstanding debt. This decision was made in accordance with the terms of the Convertible Promissory Note dated January 3, 2024, and the Supplement to Promissory Note dated January 9, 2024. The conversion price for the shares is set at $0.60 per share, resulting in the issuance of 230,067 shares of common stock to the Holder. The shares are being issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended. The shares of common stock have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

On August 8, 2024, a group of investors led by Wang Wen Lung, Lin Chih Hsi, Kuo Yu Min, Sung Hsiang Yu, Wang Pao Kuei and Wang Pao Hua (the "Investor Group") entered into stock purchase agreements for the acquisition of an aggregate of 3,480,067 shares of Common Stock of the Company and acquired a controlling 77% equity stake in ANKAM Inc (the "Company") through a privately negotiated transaction. The Purchase Agreement was fully executed and delivered, and the transaction was consummated on August 12, 2024.

As of August 8, 2024, Bakur Kalichava, the President, Treasurer, Director and Secretary of ANKAM INC. (the "Company"), is no longer holding the positions. Mr. Kalichava's decision to resign is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. The Board of the Company appointed Wang Wen Lung as the President, Treasurer, Director and Secretary, effective on August 8, 2024.

On August 27, 2024, Ankam Inc. (the "Company") incorporated a new subsidiary, Mei Sheng Corporation Limited 美盛全球有限公司. This subsidiary mainly focus on expanding the Company's presence in the Asian market, particularly in Hong Kong, Taiwan and surrounding regions. The establishment of Mei Sheng Corporation Limited is part of the Company's strategic initiative to diversify its operations and improve market reach. On August 30, 2024, Mei Sheng Corporation Limited entered into a software application development agreement with a Taiwan company, Consummation International Business Co., Ltd, for the development of a health products sales platform.

**ANKAM, INC.**

**NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS**

**As of May 31, 2025**

(Unaudited)

**NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

<u>Interim Financial Statements</u>

The unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") for interim financial information and the instructions to Form 10-Q and Rule 8-03 of Regulation S-X. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period. Therefore, these financial statements should be read in conjunction with the Company's audited financial statements and notes filed with the Securities and Exchange Commission (the "SEC") for the year ended November 30, 2024.

<u>Basis of presentation</u>

The accompanying consolidated financial statements have been prepared in accordance with GAAP and pursuant to the rules and regulations of the SEC and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company for the six months ended May 31, 2025 and 2024.

<u>Basis of Consolidation</u>

The consolidated financial statements comprise the accounts of the Company and its wholly-owned subsidiary. The financial statements of its subsidiary is included in the consolidated financial statements from the date that control commences until the date that control ceases. Consolidated financial statements are prepared using uniform accounting policies for like transactions and other events in similar circumstances.

All transactions and balances between the Company and its subsidiaries are eliminated on consolidation.

<u>Cash and Cash Equivalents</u>

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents.

<u>Revenue Recognition</u>

The Company offers a newsletter subscription, which contains the most significant news in the cryptocurrency market. In most cases identified articles show price changes, experts' opinions, technical information that can be used to understand the market and make decisions in this area.

The Company recognizes revenue in accordance with Accounting Standards Update ("ASU") No. 2014-09, *"Revenue from Contracts with Customer"*. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:

Step 1: Identify the contract with a customer

Step 2: Identify the performance obligations in the contract

Step 3: Determine the transaction price

Step 4: Allocate the transaction price to the performance obligations in the contract

Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation

The Company recognizes revenue when the customer obtains control of the good or service through the Company satisfying a performance obligation by transferring the promised good or service to the customer. The revenue is recognized on a straight-line basis from the date the subscription is sold.

The Company collects payment from customers before the service is provided. When deposits are collected before the service is provided, the Company recognizes deferred revenue.

**ANKAM, INC.**

**NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS**

**As of May 31, 2025**

(Unaudited)

<u>Accounts Receivable and Allowance for Doubtful Accounts</u>

Accounts receivable are recorded at the invoiced amount and generally do not bear interest. An allowance for doubtful accounts is established, as necessary, based on past experience and other factors which, in management's judgment, deserve current recognition in estimating bad debts. Such factors include growth and composition of accounts receivable, the relationship of the allowance for doubtful accounts to accounts receivable, and current economic conditions.

As of May 31, 2025 and November 30, 2024, an allowance for doubtful accounts was not considered necessary as all accounts receivable were deemed collectible.

<u>Capitalized Software Costs</u>

The Company capitalizes the application development phase costs of internal use software in accordance with Accounting Standards Codification ("ASC") 350-40, "*Intangibles-Goodwill and Other-Internal Use Software*". Capitalized costs will be amortized on a straight-line basis over the estimated useful life of the asset upon completion.

<u>Impairment of Long-Lived Assets</u>

The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the asset's carrying amount may not be recoverable. The Company conducts its long-lived asset impairment analyses in accordance with ASC 360-10-15, *"Impairment or Disposal of Long-Lived Assets".* ASC 360-10-15 requires the Company to group assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities and evaluate the asset group against the sum of the undiscounted future cash flows. If the undiscounted cash flows do not indicate the carrying amount of the asset is recoverable, an impairment charge is measured as the amount by which the carrying amount of the asset group exceeds its fair value based on discounted cash flow analysis or appraisals.

<u>Use of Estimates</u>

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

<u>Earnings (Loss) Per Share</u>

The Company reports earnings (loss) per share in accordance with ASC 260, *"Earnings per Share"*. Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during each period. Diluted earnings per share is computed by dividing net loss by the weighted-average number of shares of common stock, common stock equivalents and other potentially dilutive securities outstanding during the period. There were no dilutive securities as of May 31, 2025 and 2024.

**ANKAM, INC.**

**NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS**

**As of May 31, 2025**

(Unaudited)

<u>Income Taxes</u>

Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance on deferred tax assets is established when management considers it is more likely than not that some portion or all of the deferred tax assets will not be realized.

Tax benefits from an uncertain tax position are only recognized if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. Interest and penalties related to unrecognized tax benefits are recorded as incurred as a component of income tax expense. The Company has not recognized any tax benefits from uncertain tax positions for any of the reporting periods presented.

<u>Lease</u>

ASC 842, *"Leases",* requires that lessees recognize right-of-use ("ROU") assets and lease liabilities. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. As most leases do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at the adoption date in determining the present value of future payments. Lease expense for minimum lease payments is amortized on a straight-line basis over the lease term and is presented in operating expenses on the consolidated statements of operations.

ASC 842 distinguishes leases as either a finance lease or an operating lease that affects how the leases are measured and presented in the statements of operations and cash flows. At the inception of a contract the Company assesses whether the contract is, or contains, a lease. The Company's assessment is based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether the Company obtains the right to substantially all the economic benefit from the use of the asset throughout the period, and (3) whether it has the right to direct the use of the asset. The Company will allocate the consideration in the contract to each lease component based on its relative stand-alone price to determine the lease payments.

As permitted under the new guidance, the Company has made an accounting policy election to apply the recognition provisions of the guidance to short term leases (leases with a lease term of twelve months).

<u>Recent Accounting Pronouncements</u>

The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe any of these pronouncements will have a material impact on the Company.

**ANKAM, INC.**

**NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS**

**As of May 31, 2025**

(Unaudited)

**NOTE 3 – GOING CONCERN**

The accompanying consolidated financial statements have been prepared in conformity with GAAP, which contemplates continuation of the Company as a going concern. As a development-stage company, the Company has incurred accumulated deficits and its current liabilities exceed its current assets. These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date the financial statements are issued.

Although the Company has begun to generate a positive net income for the six months ended May 31, 2025, it continues to rely on financing activities to fund its operations and has not yet achieved consistent profitability. Management's plans to address the conditions include seeking additional capital through equity financing and increasing revenues from its business operations.

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management's efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

**NOTE 4 – CAPITALIZED SOFTWARE COSTS**

---

| | | | |
|:---|:---|:---|:---|
| **Schedule of capitalized software** | **Useful Life** | **As of <br> May 31,**<br> **2025** | **As of <br> November 30,**<br> **2024** |
| API development | 3 years | $58920 | $58920 |
| MoneySaver App | 3 years | 26645 | 26645 |
| Website development | 3 years | 72480 | 72480 |
| **Total capitalized software** |  | **158045** | **158045** |
| Accumulated amortization |  | (79863) | (53522) |
| **Balance** |  | $**78182** | $**104523** |

---

During the three months ended May 31, 2025 and 2024, the amortization expense was $13,171 and $13,170, respectively. During the six months ended May 31, 2025 and 2024, the amortization expense was $26,341 and $22,691, respectively.

**NOTE 5 – RELATED PARTY TRANSACTIONS**

The Company owed its sole director $50,932 and $499,338 as of May 31, 2025 and November 30, 2024, respectively, for unpaid operating advances. This loan is unsecured, non-interest bearing and due on demand.

**NOTE 6 – COMMITMENTS AND CONTINGENCIES**

During the normal course of business, the Company may be exposed to litigation. When the Company becomes aware of potential litigation, it evaluates the merits of the case in accordance with Financial Accounting Standards Board ("FASB") ASC 450-20-50, *"Contingencies"*. The Company evaluates its exposure to the matter, possible legal or settlement strategies and the likelihood of an unfavorable outcome. If the Company determines that an unfavorable outcome is probable and can be reasonably estimated, it establishes the necessary accruals. As of May 31, 2025, the Company is not aware of any contingent liabilities that should be reflected in the consolidated financial statements.

**ANKAM, INC.**

**NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS**

**As of May 31, 2025**

(Unaudited)

**NOTE 7 – INCOME TAXES**

The components of the Company's provision for federal income tax for the six months ended May 31, 2025 and the year ended November 30, 2024 consists of the following:

---

| | | |
|:---|:---|:---|
| **Schedule of provision for income taxes** | **May 31,**<br> **2025** | **November 30,**<br> **2024** |
| Federal income tax benefit attributable to: |  |  |
| Current operations | $452633 | $497739 |
| Less: valuation allowance | (452633) | (497739) |
| Net provision for federal income taxes | $– | $– |

---

The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows:

---

| | | |
|:---|:---|:---|
| **Schedule of deferred tax assets** | **May 31,**<br> **2025** | **November 30,**<br> **2024** |
| Deferred tax asset attributable to: |  |  |
| Net operating loss carryover | $95053 | $104525 |
| Less: valuation allowance | (95053) | (104525) |
| Net deferred tax asset | $– | $– |

---

Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $452,633 as of May 31, 2025, for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use in future years.

**NOTE 8 – SUBSEQUENT EVENTS**

In accordance with ASC 855-10, *"Subsequent Events"*, the Company has analyzed its operations subsequent to May 31, 2025, through the date when consolidated financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements.

---

| | |
|:---|:---|
| **<br> Item 2.** | **Management's Discussion and Analysis of Financial Condition and Results of Operations** |

---

**DESCRIPTION OF BUSINESS**

**Business Strategy**

Ankam, Inc. (the "Company") was incorporated in August 2018 under the laws of the State of Nevada. Ankam, Inc. operates as a technology company specializing in the development of two mobile applications.

The Company's business lies in possessing and developing Expense Minder, a proprietary product designed to streamline and manage expense reporting for users. The Company conceptualizes and is constructing an application that facilitates a user's expense management. Our focus extends to designing and developing a mobile application designed to streamline and automate the tracking, and submission of user's expenses. The application will feature categorization of expenses, saving goals, bill reminders, and customizable categories.

On November 29, 2023, Ankam, Inc. entered into a material definitive agreement by establishing a wholly-owned subsidiary, Ankam LLC. Ankam LLC was organized in Wyoming and is authorized to engage in any legal act. On November 30, 2023, the Company completed the transfer of all operations associated with the business of MoneySaverApp to its wholly-owned subsidiary, Ankam LLC. The assets transferred included 100% of the ownership interests of MoneySaverApp and all operations associated with the MoneySaverApp. Ankam LLC is managed by Ankam, Inc. who holds the position of Manager of the Ankam LLC and owned in its entirety by the Company. The Company holds 100% ownership interest in the Ankam LLC and is duly authorized to oversee and execute its operational activities.

On January 3, 2024, Ankam, Inc. entered into the Acquisition Agreement for the acquisition of complete ownership of Apex Intelligence LLC, a Wyoming limited liability company, inclusive of the Apex, a currency converter service, along with all codes, licenses, intellectual property rights, related documentation and all activities related to the business of the Apex, for total consideration of $158,040. The initial payment of $20,000 was processed to Mr. Hordieiev on January 3, 2024. For the outstanding balance of $138,040 the Company issued a Promissory Note on January 3, 2024 with an annual interest rate of 10% for a duration of one year till January 3, 2025 (the "Closing Date") with the obligation to issue common shares equivalent to the remaining balance if the Company fails to settle the outstanding balance by the Closing Date. The Company signed a Supplement to the Convertible Promissory Note dated January 9, 2024, establishing the conversion price at a per-share value of $0.60.

On July 29, 2024, Ankam, Inc. and Maksym Hordieiev, the holder of the Convertible Promissory Note (the "Holder") signed a Supplementary Agreement regarding the repayment of the outstanding debt of $138,040. And the Company approved the issuance of shares of its common stock to the Holder in exchange for the repayment of $138,040 of outstanding debt. This decision was made in accordance with the terms of the Convertible Promissory Note dated January 3, 2024, and the Supplement to Promissory Note dated January 9, 2024. The conversion price for the shares is set at $0.60 per share, resulting in the issuance of 230,067 shares of common stock to the Holder. The shares are being issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended. The shares of common stock have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

On August 8, 2024, a group of investors led by Wang Wen Lung, Lin Chih Hsi, Kuo Yu Min, Sung Hsiang Yu, Wang Pao Kuei and Wang Pao Hua (the "Investor Group") entered into stock purchase agreements for the acquisition of an aggregate of 3,480,067 shares of Common Stock of the Company and acquired a controlling 77% equity stake in ANKAM Inc (the "Company") through a privately negotiated transaction. The Purchase Agreement was fully executed and delivered, and the transaction was consummated on August 12, 2024.

As of August 8, 2024, Bakur Kalichava, the President, Treasurer, Director and Secretary of ANKAM INC. (the "Company"), is no longer holding the positions. Mr. Kalichava's decision to resign is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. The Board of the Company appointed Wang Wen Lung as the President, Treasurer, Director and Secretary, effective on August 8, 2024.

On August 27, 2024, Ankam Inc. (the "Company") incorporated a new subsidiary, Mei Sheng Corporation Limited 美盛全球有限公司. This subsidiary mainly focus on expanding the Company's presence in the Asian market, particularly in Hong Kong, Taiwan and surrounding regions. The establishment of Mei Sheng Corporation Limited is part of the Company's strategic initiative to diversify its operations and improve market reach. On August 30, 2024, Mei Sheng Corporation Limited entered into a software application development agreement with a Taiwan company, Consummation International Business Co., Ltd, for the development of a health products sales platform.

**Marketing**

The Company aims to build awareness and generate interest in Expense Minder, MoneySaverApp and Apex service among potential users. Digital marketing strategies will be employed to enhance online visibility, utilizing targeted campaigns and partnerships to create anticipation for the applications. App store optimization efforts will focus on maximizing visibility and credibility within the online marketplace. As the user base grows, cross-promotion between the applications will be employed to capitalize on synergies and foster internal user engagement. This marketing approach aligns with Ankam, Inc.'s commitment to innovation and user-centric solutions, laying the groundwork for future client acquisition and sustained growth.

**Advertising**

Ankam, Inc. envisions a future where strategic advertising initiatives play a significant role in establishing a robust market presence for its mobile applications, Expense Minder and MoneySaverApp, and its currency conversion service, Apex. As the Company proceeds to develop these products, the focus on targeted online and potential offline advertising channels will be integral to creating brand awareness and driving interest. This forward-looking advertising strategy aims to position Ankam, Inc.'s applications and currency conversion service effectively in the competitive landscape, paving the way for future user acquisition and sustained success. It is important to note that the implementation of these advertising initiatives will be contingent upon the availability of funds, and as more funds become available, the advertising budget will increase in a commensurate manner.

**Employees**

The Company's Board Members include: Wen Lung, WANG, President, Secretary, Treasurer, Director, Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer.

**Description of Property**

Our current office space is located at 5F., No. 97, Jingye 1st Rd., Zhongshan Dist., Taipei City 104, Taiwan (R.O.C.). The premises are provided to us by our President, Wen Lung, WANG, for no consideration and is a 'home office'. We believe these facilities are in good condition, but that we may need to expand our space as our research and development efforts increase.

**Legal Proceedings**

We are not involved in certain legal claims or proceedings, nor have we ever been.

**RESULTS OF OPERATIONS**

During the three months ended May 31, 2025 we generate revenue of $165,000. Total operating expenses were $46,313. The operating expenses included general and administrative expenses, server expenses, and amortization. Our net profit was $55,687.

During the three months ended May 31, 2024,we generate revenue of $15,385. Total operating expenses were $87,213. The operating expenses included general and administrative expenses, director fee ,professional fee, server expenses, and amortization. Our net loss was $71,828,

During the six months ended May 31, 2025, we generate revenue of $240,000. Total operating expenses were $91,894. The operating expenses included general and administrative expenses, professional fee, server expenses, and amortization. Our net profit was $45,106.

During the six months ended May 31, 2024, we generate revenue of $25,145. Total operating expenses were $215,687. The operating expenses included general and administrative expenses, director fee, professional fee, server expenses, and amortization. Our net loss was $190,452.

***Revenues***

During the three months ended May 31, 2025 and May 31, 2024, we have generated total revenue of $165,000 and $15,385, respectively. The increase in revenue for the quarter ended May 31, 2025 compared to the quarter ended May 31, 2024 was primarily due to the increase in revenue from subscription sales and overall growth in the Company's operating activities.

***Operating Expenses***

Total operating expenses for the three months ended May 31, 2025 were $46,313 compared to $87,213 for the three months ended May 31, 2024. Our operating expenses consisted of general and administrative costs of $1,663 (May 31, 2024 - $88), director fee of nil (May 31, 2024 - $24,000), professional fees of nil (May 31, 2024 - $5,057), server expense of $31,479 (May 31, 2024 - $44,898) and amortization of $13,171 (May 31, 2024 - $13,170). Expenses decreased in the three months ended May 31, 2025 primarily due to the decreased in director fee, server amortization and professional fees.

***Net profit and Loss***

The net profit for the three months ended May 31, 2025, was $55,687, compared to the net loss of $71,828 for the three months ended May 31, 2024, primarily due to the increased in revenue and decreased in operating expenses.

The net profit for the six months ended May 31, 2025,was $45,106,compared to the net loss of $190,452 for the six months ended May 31, 2024,primarily due to the increased in revenue and decreased in operating expenses.

***Revenues***

During the six months ended May 31, 2025 and 2024, we have generated total revenue of $240,000 and $25,145, respectively. The increase in revenue for the six months ended May 31, 2025 compared to the six months ended May 31, 2024 was primarily due to the increase in revenue from subscription sales and overall growth in the Company's operating activities.

***Operating Expenses***

Total operating expenses for the six months ended May 31, 2025 were $91,894 compared to $215,687 for the six months ended May 31, 2024. Our operating expenses consisted of general and administrative costs of $1,663 (May 31, 2024 - $26,822), director fee of $nil (May 31, 2024 - $46,000), professional fees of $932 (May 31, 2024 - $30,378), server expense of $62,958 (May 31, 2024 - $89,796) and amortization of $26,341 (May 31, 2024 - $22,691). Expenses decreased in the six months ended May 31, 2025 primarily due to the decreased in general and administrative expenses, director's fees and professional fees.

***Net profit and Loss***

The net profit for the six months ended May 31, 2025, was $45,106, compared to the net loss of $190,542 for the six months ended May 31, 2024, primarily due to the increased in revenue and decreased in operating expenses.

***Liquidity and Capital Resources***

As of May 31, 2025, our total assets were $370,704 and comprised of cash of $134,669, accounts receivable of $65,000, director C/A of $92,853 and capitalized software costs of $78,182. Our total liabilities were $649,707 and comprised of advances from our director loan of $449,338, amount due to director of $50,932, deferred revenue of $20,000 and accounts payable and accrued expenses of $129,437.

As of November 30, 2024, our total assets were $178,708, which comprised of cash of $1,069, director C/A of $74,128 and capitalized software costs of $104,523. Our total liabilities were $502,817, which comprised of advances from our director of $499,338, and accounts payable and accrued expenses of $3,479.

Stockholders' deficit has decreased from $324,109 as of November 30, 2024 to $279,003 as of May 31, 2025.

The Company has accumulated a deficit of $452,633 as of May 31, 2025, compared to $497,739 as of November 30, 2024. Although the Company began to generate profits in the six months period ended May 31, 2025, it continues to carry an accumulated deficit, and additional losses may occur as it advances its business development.

During the six months ended May 31, 2025, the Company provided $152,405 of cash in operating activities due to its net profit of $45,106, increase in amortization expense of $3,650, decrease in accounts receivable of $65,000, increase in account payable of $125,958 and increase in deferred revenue of $20,000.

Net cash flows provided by investing activities for the six months ended May 31, 2025, were $nil.

Net cash flows used in financing activities for the six months ended May 31, 2025, were $17,793 due to repayments of the related party loan.

**Off-Balance Sheet Arrangements**

As of May 31, 2025, we did not have any off-balance sheet arrangements that have or are reasonably likely to have a material current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

**Limited Operating History and Need for Additional Capital**

There is no historical financial information about us upon which to base an evaluation of our performance. We are in start-up stage operations and have generated limited revenues. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.

**Item 3.** **Quantitative and Qualitative Disclosures About Market Risk**

Not Applicable.

**Item 4.** **Controls and Procedures**

<u>Evaluation of Disclosure Controls and Procedures</u>

We carried out an evaluation as of May 31, 2025, under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, who are one and the same, of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(f) and 15d–15(e)). Based upon that evaluation, our principal executive officer and principal financial officer concluded that, as of the end of the period covered in this report, our disclosure controls and procedures were not effective to ensure that information required to be disclosed in reports filed under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the required time periods and is accumulated and communicated to our management, including our principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure.

<u>Changes in Internal Control over Financial Reporting</u>

There were no changes in our internal control over financial reporting during our most recent quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

**PART II. OTHER INFORMATION**

**Item 1.** **Legal Proceedings**

During the period ending May 31, 2025, there were no pending or threatened legal actions against us.

---

| | |
|:---|:---|
| **Item 1A.** | **Risk Factors** |

---

As a smaller reporting company, we are not required to provide the information required by this Item.

**Item 2.** **Unregistered Sales of Equity Securities and Use of Proceeds**

Not Applicable.

**Item 3.** **Defaults Upon Senior Securities**

Not Applicable.

**Item 4.** **Mine Safety Disclosures**

Not Applicable.

**Item 5.** **Other Information**

During the quarter ended May 31, 2025, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as each term is defined in Item 408(a) of Regulation S-K.

---

| | |
|:---|:---|
| **Item 6.** | **Exhibits** |
| Exhibit No. | Description |
| 31.1 | [Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).](ankam_ex3101.htm) |
| 32.1 | [Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.](ankam_ex3201.htm) |
| 101.INS | Inline XBRL Instance Document |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document |
| 104 | Cover Page Interactive Data File (formatted in iXBRL, and included in exhibit 101) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **ANKAM, INC.** | **ANKAM, INC.** |
| Date: July 21, 2025 | By: | */s/ Wen Lung, WANG* |
|  |  | Name: Wen Lung, WANG<br> Title: President, Secretary, Treasurer, Director, Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial and Accounting Officer) |

---

## Exhibit 31.1

**EXHIBIT 31.1**

**CERTIFICATION OF CHIEF EXECUTIVE OFFICER**

**PURSUANT TO RULES 13a-14(a) AND 15d-14(a)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

I, Wang Wen Lung, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the fiscal quarter ended May 31, 2025 of Ankam, Inc.

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the registrant and have:

a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and;

5. I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions);

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls.

---

| | |
|:---|:---|
| Dated: July 21, 2025 | */s/ Wang Wen Lung* |
|  | Wang Wen Lung |
|  | Chief Executive Officer and Chief Financial Officer<br> (Principal Executive Officer) (Principal Financial Officer) |

---

## Exhibit 32.1

**EXHIBIT 32.1**

**CERTIFICATION**

**PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED**

**PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

In connection with the Quarterly Report on Form 10-Q of Ankam, Inc. (the "Company") for the fiscal quarter ended May 31, 2025, as filed with the Securities and Exchange Commission (the "Report"), I, Wang Wen Lung, Chief Executive Officer and Chief Financial Officer, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

This certification accompanies this Quarterly Report on Form 10-Q pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by such Act, be deemed filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates it by reference.

---

| | |
|:---|:---|
| Dated: July 21, 2025 | */s/ Wang Wen Lung* |
|  | Wang Wen Lung |
|  | Chief Executive Officer and Chief Financial Officer<br> (Principal Executive Officer) (Principal Financial Officer) |

---