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

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS.

When used in this Quarterly Report, the words "may," "will," "expect," "anticipate," "continue," "estimate," "project," "intend," and similar expressions are intended to identify forward-looking statements regarding events, conditions, and financial trends that may affect our future plans of operations, business strategy, operating results, and financial position. Persons reviewing this Quarterly Report are cautioned that any forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties and actual results may differ materially from those included within the forward-looking statements as a result of various factors. Such factors are discussed further below and also include general economic factors and conditions that may directly or indirectly impact our financial condition or results of operations.

Plan of Operation

Our plan of operation for the next 12 months is to: (i) consider guidelines of industries in which we may have an interest; (ii) adopt a business plan regarding engaging in the business of any selected industry; and (iii) to commence such operations through funding and/or the acquisition of a "going concern" engaged in any industry selected.

During the next 12 months, our only foreseeable cash requirements will relate to maintaining our good standing or the payment of expenses associated with legal fees, accounting fees and reviewing or investigating any potential business venture, which may be advanced by management or principal stockholders as loans to us. Because we have not determined any business or industry in which our operations will be commenced, and we have not identified any prospective venture as of the date of this Annual Report, it is impossible to predict the amount of any such loan. Any such loan will be on terms no less favorable to us than would be available from a commercial lender in an arm's length transaction. No advance or loan from any affiliate will be required to be repaid as a condition to any agreement with future acquisition partners.

Results of Operations

Three Months Ended December 31, 2025 and 2024

		Three Months				Three Months
		Ended				Ended
		December 31,				December 31,
		2025				2024				Changes
Operating Expenses		$	15,519			$	14,894			$	625
Net Loss		$	(15,519	)		$	(14,894	)		$	(625	)

We had no operations during the three months ended December 31, 2025 or 2024, nor do we have operations as of the date of this filing. We had a net loss of $15,519 and $14,894 for the three months ended December 31, 2025 and 2024, respectively. The increase in net loss was mainly attributable by the increase in audit and transfer agent fees.

Nine Months Ended December 31, 2025 and 2024

		Nine Months				Nine Months
		Ended				Ended
		December 31,				December 31,
		2025				2024				Changes
Operating Expenses		$	46,505			$	46,049			$	456
Net Loss		$	(46,505	)		$	(46,049	)		$	(456	)

10

We had no operations during the nine months ended December 31, 2025 or 2024, nor do we have operations as of the date of this filing. We had a net loss of $46,505 and $46,049 for the nine months ended December 31, 2025 and 2024, respectively. The increase in net loss was mainly attributable by the increase in audit and transfer agent fees.

Liquidity and Capital Resources

		As of				As of
		December 31,				March 31,
		2025				2025				Changes
Current Assets		$	-			$	-			$	-
Current Liabilities		$	950,127			$	903,622			$	46,505
Working Capital (Deficiency)		$	(950,127	)		$	(903,622	)		$	(46,505	)

As of December 31, 2025 and March 31, 2025, we had no current asset.

As of December 31, 2025 and March 31, 2025, our total liabilities were $950,127 and $903,622, respectively, which were current liabilities comprised of accounts payable, accrued liabilities, and related party advances.

Stockholders' deficit was at $950,127 as of December 31, 2025, compared to deficit of $903,622 as of March 31, 2025.

We had no cash on hand as of December 31, 2025 or March 31, 2025 to meet ongoing expenses and debts that may accumulate. Accumulated deficit was at $1,260,927 as of December 31, 2025, compared to accumulated deficit of $1,214,422 as of March 31, 2025.

As of December 31, 2025, we had a working capital deficit of $950,127 compared with a working capital deficit of $903,622 as of March 31, 2025. The increase in working capital deficit was attributed to an increase in due to related party for advancement from the Company's majority shareholder paying off vendors on behalf of the Company.

		Nine Months				Nine Months
		Ended				Ended
		December 31,				December 31,
		2025				2024				Changes
Net cash used in operating activities		$	(46,565	)		$	(49,057	)		$	2,492
Net cash provided by financing activities		$	46,565			$	49,057			$	(2,492	)
Net changes in cash and cash equivalents		$	-			$	-			$	-

Cash Flow from Operating Activities

We have not generated any positive cash flow from operating activities.

For the nine months ended December 31, 2025, net cash flows used in operating activities was $46,565. The net cash used in operating activities for the nine months ended December 31, 2025 was attributed by a net loss of $46,505, increased by a decrease in accounts payable and accrued liabilities of $60.

11

For the nine months ended December 31, 2024, net cash flows used in operating activities was $49,057. The net cash used in operating activities for the nine months ended December 31, 2024 was attributed by a net loss of $46,049, increased by a decrease in accounts payable and accrued liabilities of $3,008.

Cash Flow from Investing Activities

During the nine months ended December 31, 2025 and 2024, we had no investing activities.

Cash Flow from Financing Activities

We have financed our operations primarily from advances and loans from Smartex Investment Ltd., majority shareholder of the Company through September 26, 2025. On September 26, 2025, Smartex Investment Ltd. has transferred all its XITO shares to Ms. Tan Lee San, who is the owner of Smartex Investment Ltd.. Ms. Tan Lee San has taken up all the XITO's payable amount to Smartex Investment Ltd. and will finance our operating expense going forward.

For the nine months ended December 31, 2025 and 2024, net cash from financing activities was $46,565 and $49,057, respectively.

Going Concern

Our independent auditors have added an explanatory paragraph to their audit issued in connection with the financial statements for the year ended March 31, 2025, relative to our ability to continue as a going concern. The Company, which has not generated any revenues, has incurred net losses, has net current liabilities and a stockholders' deficit. These conditions, among others, raise substantial doubt about the Company's ability to continue as a going concern. The Company's continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

The Company is dependent on advances from its principal shareholders or other affiliated parties for continued funding. There are no commitments or guarantees from any third party to provide such funding nor is there any guarantee that the Company will be able to access the funding it requires to continue its operations.

Off-Balance Sheet Arrangements

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 is material to an investor in our securities.