Quarterly Report for Quarter Ending July 31, 2025 (Form 10-Q)

Management's Discussion and Analysis of Financial Condition and Results of Operations

Forward Looking Statement Notice

Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified using terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and crucial factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

Financial information contained in this quarterly report and in our unaudited interim financial statements is stated in United States dollars and are prepared in accordance with United States accepted accounting principles.

Business Overview

Our Company's business model centers on developing and operating a website featuring digital avatars. The website offers a wide array of customizable avatars through individual accounts, enabling personalization and interaction through digital personas. Additionally, our website provides multilingual support for up to 40 languages, ensuring a seamless experience for users from diverse linguistic backgrounds. Furthermore, users have the ability to create video presentations, depending on their objectives.

Marketing

The Company will begin its marketing program online where our potential customers are most probably able and willing to associate.

Government Regulation

We are subject to various federal, state and international laws and regulations that affect Companies conducting business on the Internet and mobile platforms, and working with virtual currencies and storing information on the blockchain including those relating to privacy, use and protection of user and employee personal information and data (including the collection of data from minors), the Internet, behavioral tracking, mobile applications, content, advertising and marketing activities (including sweepstakes, contests and giveaways), and anti-corruption. Additional laws in all of these areas are likely to be passed in the future, which could result in significant limitations on or changes to the ways in which we can collect, use, host, store or transmit the personal information and data of our customers or employees, communicate with our users, and deliver products and services, and may significantly increase our compliance costs. As our business expands to include new uses or collection of data that are subject to privacy or security regulations, our compliance requirements and costs will increase, and we may be subject to increased regulatory scrutiny.

Employees

IMA Tech is a Company with only one employee, Liliia Havrykh, our President, CEO, Treasurer, Secretary, Director. The Company may consider hiring more employees if the need arises.

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

Overview

The following discussion of our financial condition and results of operations should be read in conjunction with our audited financial statement as of April 30, 2025.

Results of Operations

Three months ended July 31, 2025 compared to July 31, 2024

Revenue

For the three months ended July 31, 2025 we generated total revenue of $4,400.

For the three months ended July 31, 2024 we generated total revenue of $4,700.

Operating expenses

Total operating expenses for three months ended July 31, 2025 were $25,262. The operating expenses included bank service charges ($55), amortization expense ($14,231), professional fees ($8,526), and website technical support services ($2,450).

Total operating expenses for three months ended July 31, 2024 were $21,820. The operating expenses included bank service charge ($4), amortization expense ($14,232) and professional fees ($7,584).

Net Loss

Our Net Loss for three months ended July 31, 2025 was $20,862.

Our Net Loss for three months ended July 31, 2024 was $17,120.

Liquidity and Capital Resources

Three months ended July 31, 2025 compared to July 31, 2024

As of July 31, 2025 the Company had cash of $11,938 ($4,500 as of April 30, 2025) and had a negative working capital of $266,978 as of July 31, 2025.

Net cash provided by operating activities for the three months ended July 31, 2025, was $7,538, that was made up of a $20,862 net loss, offset by amortization of $14,231 and changes in operating assets and liabilities of $14,169.

Net cash used in operating activities for the three months ended July 31, 2024, was $10,269, that was made up of a $17,120 net loss and changes in operating assets and liabilities of $7,381, offset by amortization of $14,232.

We had no cash flows used in or provided by investing activities for the three months ended July 31, 2025 and 2024.

Net cash used in financing activities for the three months ended July 31, 2025, was $100 and consisted of a repayment on the loan from related parties.

Net cash provided by financing activities for the three months ended July 31, 2024, was $3,067 and consisted of $2,000 worth of proceeds from the loan from related parties and $1,067 of proceeds from the sale of common stock.

Strategy

Our business strategy is centered around utilizing AI avatars to simplify customer requests, reduce costs, and save time for implementation.

By deploying digital avatars that serve customers remotely, we aim to improve efficiency and deliver personalized content. Through the effective use of AI technologies and leveraging our vast database, we will accurately target our audience's interests and stay at the forefront of innovation. This strategy will enhance customer experiences and increase our market competitiveness.

• Continuously invest in research and development to improve our AI avatars capabilities. Focus on enhancing the natural language processing (NLP) capabilities, machine learning algorithms, and data analytics to ensure accurate and personalized customer interactions. Explore partnerships or acquisitions to augment our technology stack and expand our offerings.

• Place a strong emphasis on delivering exceptional customer experiences through our AI avatars. Ensure that customer interactions are seamless, efficient, and personalized. Continuously gather customer feedback and leverage AI-powered sentiment analysis to understand customer satisfaction levels and identify areas for improvement.

• Position our AI avatars as a cost-saving and time-efficient solution for customers. Highlight the benefits of streamlined processes, reduced manual labor, and faster response times. Conduct regular cost analyses to optimize operations and explore automation opportunities to further enhance efficiency.

• Develop a comprehensive marketing and branding strategy to promote our AI avatars services. Utilize targeted advertising, content marketing, social media, and search engine optimization to increase brand awareness and attract potential customers. Leverage customer testimonials and case studies to showcase the effectiveness and value of our offerings.

• Maintain a strong focus on innovation to stay ahead of the competition. Regularly monitor technological advancements and industry trends to identify new opportunities for improvement and expansion. Foster a culture of experimentation and encourage employees to contribute innovative ideas to drive the evolution of our AI avatars services.

• Prioritize the security and privacy of customer data. Implement robust data protection measures, adhere to industry regulations, and ensure transparent data handling practices. Communicate our commitment to data privacy and security to build trust with customers and mitigate any potential concerns.

Current Financial Condition

As of July 31, 2025, we have generated revenue in amount of $4,400. The Company issued no shares during the three months ended July 31, 2025. Please refer to our financial statements contained herein for more detailed information.