NFiniTi Inc. Reports $29,243 Net Loss and Strategic Acquisitions in Financial Results

NFiniTi Inc. reported its financial results for the six months ending April 30, 2025, revealing a net loss of $29,243, compared to a loss of $15,992 for the same period in the previous year. The company did not generate any revenue during this period, consistent with its performance in the prior year. Operating expenses increased to $29,856 from $15,992, primarily due to higher professional fees. The company’s cash balance stood at $2,019, unchanged from the previous reporting period, while total assets amounted to $143.4 million, largely driven by goodwill from a recent acquisition.

The company experienced significant changes in its financial position compared to the previous fiscal period. Total current liabilities surged to $414,420 from $156,439, primarily due to an increase in loans payable to related parties, which rose to $195,812. The stockholders' equity improved to $142,991,525, a notable recovery from a deficit of $156,439 as of October 31, 2024. This change was largely attributed to the issuance of 15,788,578,500 common shares valued at $16,028,579 for the acquisition of Artisan Beverages, which is now the company's principal business.

In terms of strategic developments, NFiniTi Inc. completed a reverse acquisition of Artisan Beverages on February 13, 2025. This acquisition has positioned the company in the alcoholic beverage sector, specializing in ready-to-drink cocktails and holding the exclusive license to manufacture TGI Fridays-branded beverages in the Western Hemisphere. Additionally, on May 20, 2025, NFiniTi Inc. expanded its portfolio by acquiring two entities in the fintech and web3 sectors, further diversifying its business operations.

Operationally, the company reported a working capital deficit of $412,401 as of April 30, 2025. The increase in accounts payable to $35,483 included $25,988 related to management fees and operational expenses. The company has relied on loans from its president and shareholders for operational funding, with no formal commitments for future financing. The employee headcount and customer statistics were not disclosed in the filing, but the company continues to evaluate its distribution network and market presence as part of its growth strategy.

Looking ahead, NFiniTi Inc. anticipates total expenditures of approximately $1.8 million over the next 12 months, which includes $50,000 for professional fees and $1.5 million for working capital. The company acknowledges substantial doubt about its ability to continue as a going concern, contingent on securing additional funding and achieving profitable operations. Management remains focused on leveraging its recent acquisitions to enhance shareholder value and expand its market reach.