Natural Resource Holdings Reports Reduced Net Loss of $50,533 for Fiscal Year Ending April 30, 2025

Natural Resource Holdings, Inc. reported a significant reduction in its net loss for the fiscal year ending April 30, 2025, posting a loss of $50,533 compared to a loss of $2,047,358 in the previous year. The company did not generate any revenue during both fiscal periods. The decrease in net loss was primarily attributed to a substantial reduction in operating expenses, which fell to $43,731 from $2,040,568 in the prior year. This decline was largely due to the absence of stock-based compensation, which had accounted for $2 million in the previous fiscal year.

The company has undergone notable strategic changes, including a shift in focus from beauty sample subscriptions to the mining industry. In December 2020, Natural Resource Holdings acquired several gold mining claims in Canada, although exploration efforts were hindered by the COVID-19 pandemic and subsequent economic downturn. As of April 30, 2023, the mining rights were fully impaired, and the company decided not to extend its mining rights beyond the original term. In January 2023, the company entered into an agreement for surveying and exploration services in Pennsylvania, indicating a continued commitment to its mining strategy.

Operationally, Natural Resource Holdings has maintained a minimal workforce, with no employees other than its officer and director. The company reported a working capital deficiency of $179,042 as of April 30, 2025, an increase from $167,597 in the previous year. Current liabilities rose to $179,042, primarily due to increased accrued interest. The company has not paid any cash dividends since its inception and does not foresee doing so in the near future. As of July 7, 2025, the company had 5,589,891 shares outstanding, held by 11 shareholders of record.

Looking ahead, Natural Resource Holdings anticipates the need for additional capital to support its operations and growth plans. The company plans to raise funds through the sale of equity or debt securities. Management has expressed confidence in its ability to implement its business plan and generate sufficient revenue, although there are no assurances regarding the availability of financing on acceptable terms. The independent auditors have raised substantial doubt about the company's ability to continue as a going concern, highlighting the need for financial support from its major shareholder and the successful execution of its business strategy.