Kheoba Corp. has reported significant financial improvements in its latest 10-Q filing for the quarter ending July 31, 2025. The company generated revenues of $354,929 for the three months ended July 31, 2025, a substantial increase from $21,815 during the same period in 2024. For the nine months ending July 31, 2025, total revenues reached $680,057, compared to $32,115 in the prior year. The company also reported a net income of $189,362 for the quarter and $366,644 for the nine-month period, marking a notable turnaround from a net loss of $19,350 and $26,513, respectively, in the previous year.
The financial performance reflects a strategic shift and operational developments within Kheoba Corp. The company has expanded its service offerings beyond the tourism sector, establishing partnerships with software developers specializing in Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) systems. Additionally, Kheoba has entered the Asian market, launching wholly-owned subsidiaries in Singapore and Hong Kong in February 2025. This geographic expansion aims to cater to small- and medium-sized enterprises (SMEs) in Asia, which often struggle to find customized software solutions.
Kheoba Corp. has also seen a significant increase in its customer base and operational metrics. The company reported a total asset value of $844,448 as of July 31, 2025, up from $36,541 in October 2024. Current assets rose to $789,630, driven by increased accounts receivable of $538,590. The company’s stockholders’ equity improved to $407,469, compared to just $4,133 the previous year. The increase in cash flow from operating activities was notable, with $202,436 generated in the nine months ending July 31, 2025, compared to a cash outflow of $4,749 in the same period of 2024.
The filing also highlights a debt forgiveness agreement that contributed to the company's improved financial position. A total of $36,680 in debt was forgiven, which has been recognized as an increase in equity under Additional Paid-In Capital. This non-cash transaction has positively impacted the company's balance sheet, allowing for a stronger equity position as it continues to pursue growth opportunities.
Looking ahead, Kheoba Corp. acknowledges the need for additional capital to support its long-term operational requirements. The management plans to raise funds through private or public offerings to sustain its growth trajectory. While the company has made significant strides in profitability and market expansion, it remains cautious about the challenges ahead, including the need to maintain adequate working capital and secure financing to support its business strategy.
About KHEOBA CORP.
Kheoba Corp. is a development-stage company creating an online platform for private and group travel adventures in Georgia and Tenerife. It offers booking for tours, AI-based tour selection, guide ranking, CRM integration, and multimedia sharing. Revenue streams include tour programs and software sales to guides and agencies. The company focuses on local tourism, leveraging digital tools to connect guides with travelers in niche markets.
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