Anvi Global Holdings, Inc. reported no revenue for the fiscal year ending February 28, 2026, maintaining a trend from the previous year. The company has accumulated a deficit of $2,480,849, reflecting a net loss of $196,933 for the year, a slight improvement from the $203,734 loss reported in the prior fiscal year. Operating expenses decreased marginally to $196,933 from $203,734, primarily due to reduced professional fees and other general expenses. The company continues to rely on advances from its CEO, which amounted to $66,020 in the latest fiscal year, compared to $54,800 in the previous year.
In terms of operational developments, Anvi Global Holdings has not made any investments or acquisitions as of the report date. The company is transitioning from its original business model of selling crepes to becoming a diversified global holdings company with interests in sectors such as mining, infrastructure, health services, and aerospace engineering. The strategic focus is on emerging markets in India, South America, and Africa, with plans to invest in businesses that demonstrate strong cash flows and growth potential. However, as of now, no assets or companies have been acquired.
The company’s financial position remains precarious, with total current liabilities increasing to $2,375,129 from $2,178,829 in the previous year. This includes significant amounts owed to related parties, particularly $792,000 to Anvi Global Inc. and $900,000 in accrued liabilities. The company has no real estate or other properties and has not engaged in any off-balance sheet arrangements. The lack of revenue generation and the ongoing reliance on external financing raise substantial doubt about the company's ability to continue as a going concern.
Looking ahead, Anvi Global Holdings acknowledges the need for additional capital to support its operational and strategic objectives. The company plans to pursue financing options, including the potential sale of equity or debt securities, to fund its business activities. However, the ability to secure such financing remains uncertain, and the company has expressed that it may not be able to take advantage of new business opportunities without adequate funding. The management has indicated that it will continue to implement cost-control measures while exploring avenues for growth and investment.
About ANVI GLOBAL HOLDINGS, INC.
Anvi Global Holdings, Inc. is a diversified global holdings company focused on investing in key sectors such as mining, infrastructure, health services, and aerospace engineering. Targeting emerging markets in India, South America, and Africa, the company aims to maximize shareholder value through strategic acquisitions. Currently, Anvi has not made any investments but plans to enhance its portfolio to capitalize on growth opportunities in these regions.
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.