Quarterly Report for Quarter Ending April 30, 2026 (Form 10-Q)

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The information contained in this quarter report on Form 10-Q is intended to update the information contained in our Form 10-K dated October 9, 2025, for the year ended July 31,2025 and presumes that readers have access to, and will have read, the "Management's Discussion and Analysis" and other information contained in such Form 10-K. The following discussion and analysis also should be read together with our financial statements and the notes to the financial statements included elsewhere in this Form 10-Q.

The following discussion contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements appear in a number of places in this Report, including, without limitation, "Management's Discussion and Analysis" These statements are not guarantees of future performance and involve risks, uncertainties and requirements that are difficult to predict or are beyond our control. Forward-looking statements speak only as of the date of this quarter report. You should not put undue reliance on any forward-looking statements. We strongly encourage investors to carefully read the factors described in our Form S-1 registration statement, filed on August 27, 2021, in the section entitled "Risk Factors" for a description of certain risks that could, among other things, cause actual results to differ from these forward-looking statements. We assume no responsibility to update the forward-looking statements contained in this quarter report on Form 10-Q. The following should also be read in conjunction with the unaudited Condensed Financial Statements and notes thereto that appear elsewhere in this report.

Company Overview

We, Birdie Win Corporation, a Nevada corporation ("the Company") was incorporated under the laws of the State of Nevada on April 16, 2021.

The Company's executive office is located at Unit 8, 6/F, Wayson Commercial Building, 28 Connaught Road West, Hong Kong. We offer one-on-one Personal Financial Literacy Seminar services, with a focus on providing such services to customers in Malaysia and Hong Kong individuals or families.

Results of operations

Three months ended April 30, 2026 and 2025

Revenues

For the three months ended April 30, 2026, the Company generated revenue in the amount of $5,000. The revenue was generated as a result of the Company having provided one Personal Financial Literacy Seminar (PFL Seminar) to a participant.

For the three months ended April 30, 2025, the Company generated revenue in the amount of $5,000. The revenue was generated as a result of the Company having provided one Personal Financial Literacy Seminar (PFL Seminar) to a participant.

Operating Expenses

For the three months ended April 30, 2026, the Company had operating expenses in the amount of $9,814. These were primarily comprised of audit fees, consultancy fees, and other professional fees.

For the three months ended April 30, 2025, the Company had operating expenses in the amount of $11,855. These were primarily comprised of audit fees, stock and registrar fees, and other professional fees.

Net Loss

For the three months ended April 30, 2026, the Company has incurred a net loss of $4,814.

For the three months ended April 30, 2025, the Company has incurred a net loss of $6,855.

Nine months ended April 30, 2026 and 2025

Revenues

For the nine months ended April 30, 2026, the Company generated revenue in the amount of $15,000. The revenue was generated as a result of the Company having provided three Personal Financial Literacy Seminars (PFL Seminar) to participants.

For the nine months ended April 30, 2025, the Company generated revenue in the amount of $25,000. The revenue was generated as a result of the Company having provided five Personal Financial Literacy Seminars (PFL Seminar) to participants.

Operating Expenses

For the nine months ended April 30, 2026, the Company had general and administrative expenses in the amount of $36,338. These were primarily comprised of audit fees, consultancy fees, and other professional fees.

For the nine months ended April 30, 2025, the Company had general and administrative expenses in the amount of $31,033. These were primarily comprised of audit fees, consultancy fees, and other professional fees.

The increase of the operating expenses was the result of the increase in consultancy and bookkeeping fees.

Net Loss

For the nine months ended April 30, 2026, the Company has incurred a net loss of $21,338.

For the nine months ended April 30, 2025, the Company has incurred a net loss of $6,033.

Liquidity and Capital Resources

Cash Provided by/(Used in) Operating Activities

For the nine months ended April 30, 2026, the Company has net cash inflow $3,861 in operating activities, which was primarily attributable to increase in amount owing to director.

For the nine months ended April 30, 2025, the Company has net cash outflow $77 in operating activities, which was primarily attributable to net loss from operation, increase in prepayment and decrease in accrued liabilities and other payable .

Off-Balance Sheet Arrangements

The Company has no off-balance sheet arrangements.

Critical Accounting Policies

Recent adopted accounting standards

In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures", which expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses. The ASU 2023-07 is effective for annual reporting periods beginning after December 15, 2023, and interim periods in fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company already adopted this ASU on its consolidated financial statements and related disclosures.