Freedom Holdings, Inc., now operating under the name The Awareness Group, Inc. (ticker: TAAG), reported a revenue of $540,891 for the fiscal year ending September 30, 2025, a decrease from $604,789 in the previous fiscal year. This decline is attributed to the timing of revenue recognition under ASC 606, rather than a reduction in operational activity. The company executed a higher volume of prepaid Power Purchase Agreements (PPAs) and originated consumer loan notes, but revenue will be recognized in future periods as performance obligations are satisfied. The cost of revenue increased significantly to $187,906, resulting in a gross profit of $352,985 and a gross margin of approximately 65.3%, down from 94.3% in the prior year.

The company underwent significant organizational changes, including a reverse merger with The Awareness Group, LLC on September 17, 2024, which resulted in TAG becoming a wholly owned subsidiary. This transaction led to a new executive team, with Pablo Diaz as CEO, and a shift in operational focus towards the alternative-energy sector, specifically solar energy projects. The company operates through the TAG GRID platform, which encompasses five business units: TAG Financial Services, TAG Capital, TAG Construction, TAG Distribution, and the TAG Dealer & Broker Network.

Operationally, Freedom Holdings reported a total of 634 solar projects in its Hard Solar portfolio as of September 30, 2025. The company had 11 full-time employees and did not report any significant changes in customer counts or user statistics. The company’s cash and cash equivalents increased to $89,914 from $74,952 in the previous year, but it also reported a working capital deficit of approximately $10.7 million. The accumulated deficit grew to $1,357,440, raising substantial doubt about the company's ability to continue as a going concern.

The company’s operating expenses rose to $967,315, primarily due to increased professional and audit fees associated with SEC reporting and the expansion of back-office capacity. Interest expense surged to $150,436, largely due to advances from the CEO, which accrue interest at 12.75% per annum. The net loss for the fiscal year was $1,083,860, compared to a net loss of $107,709 in the previous year, indicating a significant increase in operational challenges.

Looking ahead, management has expressed optimism regarding the future value potential of the company, citing a $45 million contracted pipeline and the scalability of the TAG GRID platform. However, the company acknowledges the risks associated with project permitting, changes in solar incentive programs, and the need for additional financing to support operations. The management's outlook emphasizes the importance of increasing revenues and managing operating costs to ensure the company's sustainability in the competitive alternative-energy market.

About Freedom Holdings, Inc.

Freedom Holdings, Inc. is a development-stage company engaged in energy and technology sectors. It operates through subsidiaries like TAG, offering solar services, financing, and project management for commercial and residential energy projects. The company focuses on innovation in alternative energy, business consulting, and strategic acquisitions, aiming to deliver value through sustainable energy solutions and growth opportunities in a competitive market.

This description was generated via AI from an annual report. Updated 8 months ago.

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