NFiniTi Inc. Reports No Revenue and Increased Losses for Three and Nine Months Ended July 31, 2025

NFiniTi Inc. reported its financial results for the three and nine months ended July 31, 2025, revealing no revenue generated during these periods. The company incurred operating expenses of $73,077 for the three months and $102,916 for the nine months, significantly higher than the $2,675 and $18,667 reported for the same periods in 2024. The net loss for the three months was $73,111, compared to a loss of $2,675 in the prior year, while the nine-month net loss increased to $102,933 from $18,667. The increase in expenses is attributed to higher professional fees incurred during the current fiscal year.

The company's balance sheet as of July 31, 2025, shows total assets of $143.6 million, primarily driven by goodwill of $143.4 million following the acquisition of Artisan Beverages in February 2025. This acquisition resulted in a substantial increase in the number of shares outstanding, with 15,908,578,500 shares issued as of the reporting date, compared to 120 million shares as of October 31, 2024. The company also reported a working capital deficit of $680,511, up from a deficit of $156,439 at the end of the previous fiscal year.

Operationally, NFiniTi has transitioned to focus on the alcoholic beverage sector through its acquisition of Artisan Beverages, which specializes in ready-to-drink cocktails and holds the exclusive license to manufacture TGI Fridays-branded beverages in the Western Hemisphere. The company aims to expand its distribution network and market its products effectively in various countries. However, it faces challenges in establishing a competitive presence in the market, which will depend on demand, pricing strategies, and logistical capabilities.

The company’s liquidity position remains precarious, with cash reserves of $23,999 as of July 31, 2025. NFiniTi has relied on loans from its shareholders and directors to fund operations, with significant amounts owed to them. The management has indicated that while they may seek additional funding from these individuals, there are no formal commitments in place. The company anticipates total expenditures of approximately $1.61 million over the next 12 months, which includes professional fees, administrative costs, and working capital needs.

Looking ahead, NFiniTi Inc. acknowledges the substantial doubt regarding its ability to continue as a going concern, as highlighted by its auditor. The company’s future operations depend heavily on securing additional financing and achieving profitable operations. Management is focused on leveraging the Artisan Beverages acquisition to drive growth, but the path forward will require careful navigation of market conditions and operational challenges.