Annual Report for Fiscal Year Ending 06-30, 2026 (Form 10-K)

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

The following discussion should be read in conjunction with our financial statements, including the notes thereto, appearing elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this Annual Report. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

RESULTS OF OPERATION

As of June 30, 2026, we had deficit of $5,557. Our financial statements have been prepared assuming that we will continue as a going concern. We expect we will require additional capital to meet our long-term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.

Year ended June 30, 2026compared to year ended June 30, 2025

Revenue

During the year ended June 30, 2026, the Company reported revenue of $66,920, compared to revenue of $92,000 during the year ended June 30, 2025.

Operating Expenses

During the year ended June 30, 2026, we incurred total expenses and professional fees of $41,772 compared to $45,211 during the year ended June 30, 2025. General and administrative and professional fee expenses incurred generally related to corporate overhead, financial and administrative contracted services, such as legal and accounting.

Our net income for the year ended June 30, 2026 was $1,148 compared to net loss of $1,211 for the year ended June 30, 2025.

LIQUIDITY AND CAPITAL RESOURCES

As at June 30, 2026 our total assets were $63,414 compared to $80,365 in total assets at June 30, 2025. As at June 30, 2026, our current liabilities were $10,023 compared to $28,122 as of June 30, 2025.

Stockholders' equity was $53,391 as of June 30, 2026 compared to $52,243 as of June 30, 2025.

Cash Flows from Operating Activities

For the year ended June 30, 2026, net cash flows used in operating activities was $15,984 consisting of net income of $1,148, decrease in prepaid expenses of $27, decrease in deferred revenue of $8,000, depreciation expense of $940 and decrease in accounts payable of $10,099. For the year ended June 30, 2025, net cash flows provided by operating activities was $16,123 consisting of net loss of $1,211, increase in prepaid expenses of $27, deferred revenue of $8,000 and depreciation expense of $762 and increase in accounts payable of $8,599.

Cash Flows from Investing Activities

For the year ended June 30, 2026, net cash from investing activities was $3,000 comprised of decrease in intangible assets compared to $7,697 during the year ended June 30, 2025.

Cash Flows from Financing Activities

Cash flows provided by financing activities during the year ended June 30, 2026 was $0, compared to $62,977, consisting of loan from related party of $6,523 and from proceeds from issuance of common stock of $56,454 during the year ended June 30, 2025.

PLAN OF OPERATION AND FUNDING

We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.

Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) developmental expenses associated with a start-up business and (ii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.

MATERIAL COMMITMENTS

As of the date of this Annual Report, we do not have any material commitments.

PURCHASE OF SIGNIFICANT EQUIPMENT

We do not intend to purchase any significant equipment during the next twelve months.

OFF-BALANCE SHEET ARRANGEMENTS

As of the date of this Annual Report, we do not have any off balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.