Orion Bliss Corp. reported a net loss of $40,926 for the fiscal year ending April 30, 2026, a significant increase from the loss of $14,703 recorded in the previous fiscal year. The company's revenue also declined sharply, totaling $12,000 compared to $26,015 in 2025. This downturn in financial performance is attributed to increased general and administrative expenses, which rose to $52,926 from $40,718 in the prior year. The company's total assets decreased to $37,025 from $60,604, primarily due to a reduction in current assets and non-current intangible assets.
In terms of operational changes, Orion Bliss Corp. has not made any significant acquisitions or product launches during the reporting period. The company continues to focus on its core business of selling Milk_shake hair care products and providing beauty consulting services. As of April 30, 2026, the company had no employees other than its officer and director, Natalia Perman, who holds a substantial 65.8% ownership stake in the company. The total number of shares outstanding remained at 3,038,000.
The company has also reported a working capital deficit of $176,807, raising concerns about its ability to continue as a going concern. Management has indicated that additional capital will be necessary to meet long-term operating requirements, and they plan to raise funds through the sale of equity or debt securities. The company has no current lines of credit or bank financing arrangements, and it has financed its operations primarily through private placements of equity and debt instruments.
Looking ahead, Orion Bliss Corp. acknowledges the uncertainty surrounding its future operations, particularly in light of the ongoing impacts of the COVID-19 pandemic. The company has expressed its intention to seek additional funding to support its business strategy and operational needs. However, management cautions that there are no guarantees regarding the availability of such funding or the company's ability to generate sufficient revenue to sustain its operations. The financial statements reflect a full valuation allowance against deferred tax assets, indicating that the company does not expect to realize these assets in the near future.
About Orion Bliss Corp.
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