Orion Bliss Corp. reported its financial results for the fiscal year ending April 30, 2025, showing a revenue increase to $26,015 from $500 in the previous year. The company, which specializes in beauty products, particularly Milk_shake hair care items, recorded a net loss of $14,703, a significant improvement compared to the loss of $52,356 reported for the fiscal year 2024. This reduction in losses reflects the company's efforts to enhance its operational efficiency and revenue generation capabilities.
The company’s total assets rose to $60,604 as of April 30, 2025, compared to $1,324 in the prior year, primarily due to the acquisition of a mobile application valued at $45,500 and an increase in cash reserves. Current assets also saw a notable increase, with cash in escrow rising to $19,520 from $1,190. However, total liabilities increased to $164,500 from $90,517, largely driven by loans and accounts payable to related parties, indicating a reliance on external financing to support operations.
Orion Bliss Corp. has not yet established a significant employee base, with only its sole officer, Alexandra Solomovskaya, serving in multiple roles including President and CEO. The company has not declared any dividends and does not anticipate doing so in the near future. As of April 30, 2025, Solomovskaya holds 65.8% of the company's common stock, reflecting a concentrated ownership structure. The company has not engaged in any share repurchases or sales of unregistered securities during the fiscal year.
Looking ahead, Orion Bliss Corp. plans to continue its focus on expanding its product offerings and enhancing its online presence. The company aims to raise additional capital through equity or debt securities to support its growth strategy, which includes the potential launch of physical retail locations. Management acknowledges the need for further funding to sustain operations and expand its market reach, particularly in light of the ongoing challenges posed by market conditions and the impact of the COVID-19 pandemic on consumer behavior. The company’s financial statements have been prepared under the assumption that it will continue as a going concern, although there are substantial doubts regarding its ability to do so without additional capital.
About Orion Bliss Corp.
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