Natics Corp. reported its financial results for the three months ending July 31, 2026, revealing a revenue increase to $14,400, up from $13,200 in the same period last year. Despite this growth in revenue, the company recorded a net loss of $2,635, an improvement from the net loss of $4,024 reported for the same quarter in 2025. Operating expenses remained relatively stable, totaling $17,035 compared to $17,224 in the prior year, indicating a slight reduction in costs.
The company's total assets as of July 31, 2026, reached $13,418, a significant increase from $8,866 reported at the end of April 2026. This growth was primarily driven by an increase in cash reserves, which rose to $6,985 from $282. However, total liabilities also increased, amounting to $100,695, up from $93,508, largely due to a rise in long-term liabilities, including a director loan that increased to $39,420 from $33,308.
Natics Corp. continues to focus on its core business of providing online workout services through its mobile application, "Sport Natics." The company has maintained a consistent number of shares outstanding at 5,495,300 since July 31, 2023. The management has indicated that it is actively seeking additional funding to support its operations and growth strategy, which may include private or public offerings. The company has not yet established a specific plan for future funding but acknowledges the need for capital to sustain and expand its operations.
Operationally, Natics Corp. has not reported any significant changes in customer counts or user engagement metrics in this filing. The company remains in a development stage, with no employees other than its director, Guy Pirotsky. The management has expressed concerns regarding its ability to continue as a going concern, citing the need for additional capital to meet long-term operating requirements. The company has accumulated a net operating loss of $112,530, which it plans to offset against future taxable income.
Looking ahead, Natics Corp. anticipates that its working capital requirements will continue to grow in line with its business expansion. The management is optimistic about the viability of its business strategy but acknowledges the uncertainties surrounding market conditions and the potential impact of external factors, including the ongoing effects of the COVID-19 pandemic. The company is committed to exploring various avenues for funding to ensure its operational continuity and growth in the coming months.
About Natics Corp.
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