Fintrade Sherpa Inc.
11/14/2025 | Press release | Distributed by Public on 11/14/2025 11:31
Quarterly Report for Quarter Ending SEPTEMBER 30, 2025 (Form 10-Q)
| MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (continued) | |
Liquidity and Capital Resources
At September 30, 2025, the Company's total assets were $2,572 and total liabilities were $120,660. The Company's working capital deficiency at September 30, 2025, and December 31, 2024, and the changes between those dates were as follows:
| Increase/(Decrease) | ||||||||||||||||
| September 30, 2025 | December 31, 2024 | Amount | Percentage | |||||||||||||
| $ | $ | $ | ||||||||||||||
| Current Assets | 2,572 | 1,175 | 1,397 | 119 | % | |||||||||||
| Current Liabilities | 120,660 | 169,677 | (49,017 | ) | -29 | % | ||||||||||
| Working Capital Deficiency | (118,088 | ) | (168,502 | ) | 50,414 | -30 | % | |||||||||
The decrease in working capital deficiency from December 31, 2024, to September 30, 2025, was due to cash outflow from operating activities and an inflow from share issuance and related party advances.
| Nine Months Ended September 30 | Increase/(Decrease) | |||||||||||||||
| 2025 | 2024 | Amount | Percentage | |||||||||||||
| $ | $ | $ | ||||||||||||||
| Cash Flows Provided by (Used In): | ||||||||||||||||
| Operating Activities | (272,221 | ) | (43,723 | ) | (228,498 | ) | 523 | % | ||||||||
| Financing Activities | 273,618 | 44,824 | 228,794 | 510 | % | |||||||||||
| Net Increase (Decrease) in Cash | 1,397 | 1,101 | 296 | 27 | % | |||||||||||
We have yet to generate any revenues from our business operation and our ability to generate adequate amounts of cash to meet our needs is entirely dependent on the issuance of shares or loans, which have been our principal sources of working capital so far. For the foreseeable future, we will have to continue to rely on those sources for funding. We have no assurance that we can successfully engage in any further private sales of our securities or that we can obtain any additional loans.
Fintrade Sherpa Inc. published this content on November 14, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on November 14, 2025 at 17:31 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]