LVPAI Group Limited Reports $7,360 Net Loss for Three Months Ending April 30, 2025

LVPAI Group Limited has reported its financial results for the three months ending April 30, 2025, revealing a net loss of $7,360, a decrease from the net loss of $9,290 recorded in the same period of the previous year. The company reported no revenues or cost of revenues for both periods, resulting in a gross profit of $0. Operating expenses decreased to $7,360 from $9,290 year-over-year, indicating a reduction in operational costs. The weighted average number of shares outstanding remained constant at 24,682,957, leading to a net loss per share of $0.00 for both periods.

In terms of liquidity, LVPAI Group had no cash and cash equivalents as of April 30, 2025, and reported negative operating cash flows of $4,465, an improvement from the negative cash flows of $8,800 in the prior year. The company continues to rely on financing activities to meet its working capital needs, with proceeds from related party loans amounting to $4,465 during the quarter. The total amount due to related parties increased slightly to $140,655 from $136,190 at the end of the previous fiscal period.

Strategically, LVPAI Group underwent significant organizational changes in December 2023, when a new Chief Financial Officer, Wei Zurui, was appointed, and the previous CFO, Zhang Wenmin, transitioned to a directorial role. This change in leadership follows a series of private transactions that resulted in a shift in control of the company, with Chen Yuanhang acquiring approximately 65.36% of the voting rights. The company has been dormant since November 2011 and is currently exploring alternative sources of financing to support its operations.

Operationally, LVPAI Group has not reported any customer counts or user statistics, and there have been no product launches or geographic expansions noted in the filing. The company continues to face challenges in generating revenue and achieving profitability, as indicated by its ongoing losses and reliance on external financing. The management has expressed concerns regarding the company's ability to continue as a going concern without raising additional funds.

Looking ahead, LVPAI Group acknowledges the need for further capital to sustain its operations and is considering various financing options, including private placements and short-term loans. The company has indicated that it will continue to seek ways to maximize working capital, including potentially compensating for consulting services with common stock. The management's outlook remains cautious, emphasizing the importance of securing additional funding to support future operational activities.