Birdie Win Corporation reported its financial results for the three and nine months ended April 30, 2025, revealing a stable revenue performance but an increase in operating losses. The company generated $5,000 in revenue for the three months ending April 30, 2025, consistent with the same period in 2024. For the nine-month period, revenue increased to $25,000, up from $20,000 in the prior year. Despite this revenue stability, the company reported a net loss of $6,855 for the three months, compared to a loss of $4,606 in the same period last year. For the nine months, the net loss was $6,033, a decrease from $16,719 in the previous year.
The financial position of Birdie Win Corporation showed significant improvement compared to the previous fiscal period. Total assets increased to $28,136 as of April 30, 2025, from $12,894 as of July 31, 2024. This growth was primarily driven by an increase in current assets, particularly in prepayments, which rose to $26,368 from $10,912. The company also reduced its total liabilities significantly, from $13,190 to $2,500, indicating a stronger balance sheet. Stockholders' equity improved to $25,636, a notable recovery from a deficit of $296 in the prior period.
Strategically, Birdie Win Corporation has undergone several organizational changes, including the appointment of new leadership. Following the resignation of Yunyuan Chen as CEO in March 2025, Shiyong Zhao was appointed as the new CEO and Chairman. This leadership transition is part of the company's ongoing efforts to enhance its operational effectiveness and strategic direction. Additionally, the company issued 960,000 shares of common stock to three new directors, which contributed to the increase in additional paid-in capital from $51,840 to $82,845.
Operationally, Birdie Win Corporation has focused on expanding its customer base and enhancing its service offerings. The weighted average number of ordinary shares increased to 6,417,978 for the three months ended April 30, 2025, compared to 5,464,889 in the same period last year. This increase in shares reflects the company's efforts to attract new investors and support its growth initiatives. The company continues to provide financial literacy seminar services primarily to clients in Malaysia and Hong Kong, aiming to improve financial well-being among individuals and families in these regions.
Looking ahead, Birdie Win Corporation remains focused on its mission to enhance financial literacy and expand its market presence. The company anticipates that its strategic initiatives, including leadership changes and potential new service offerings, will contribute to improved financial performance in the upcoming quarters. Management has indicated that while the current market conditions present challenges, they are optimistic about the company's ability to navigate these challenges and achieve sustainable growth.
About Birdie Win Corp
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