Cannabis Suisse Corp. Reports No Revenue and Improved Net Income for Quarter Ending August 31, 2025

Cannabis Suisse Corp. reported its financial results for the three months ending August 31, 2025, revealing a significant shift in its operational performance compared to the same period in the previous year. The company generated no revenue during this quarter, a decline from $7,500 in rental income reported in the prior year. The absence of revenue is attributed to the termination of the company's only sub-lease on February 28, 2025. Consequently, the gross profit for the current quarter was $0, compared to a gross profit of $144 in the same quarter of 2024.

Operating expenses for the quarter increased to $84,535, up from $74,983 in the previous year. This rise is primarily due to higher professional fees and general administrative expenses, which totaled $21,000 and $62,474, respectively. The company reported an operating loss of $84,535, slightly higher than the loss of $74,839 recorded in the same quarter last year. However, Cannabis Suisse Corp. experienced a net income of $13,907 for the quarter, a notable improvement from a net loss of $535,086 in the prior year. This turnaround was largely driven by a reduction in other expenses, particularly the absence of a significant loss on the settlement of debt that had impacted the previous year's results.

On the balance sheet, total assets decreased to $570,344 as of August 31, 2025, down from $635,075 at the end of the previous fiscal period. Current liabilities also increased to $361,621 from $325,520, reflecting higher accounts payable and accrued interest. The company's accumulated deficit improved slightly to $3,043,139 from $3,057,046, indicating a marginal reduction in losses over the period. The company continues to rely heavily on related party transactions for financing, with advances from related parties totaling $28,400 as of the end of the reporting period.

In terms of strategic developments, Cannabis Suisse Corp. has focused on its real estate operations, having leased multiple properties from companies owned by its CEO. The company has not engaged in any activities related to the cannabis industry since June 2022. The management has indicated that it will continue to seek additional investment capital to fund operations, as there is substantial doubt about the company's ability to continue as a going concern without such funding. The outlook remains cautious, with management emphasizing the need for further capital to stabilize operations and cover ongoing expenses.

Overall, while Cannabis Suisse Corp. has shown some improvement in net income, the lack of revenue generation and reliance on related party financing highlight ongoing challenges. The company’s future will depend on its ability to secure additional funding and potentially re-establish revenue streams through its real estate operations.