Sky Century Investment, Inc. reported its financial results for the three and nine months ended May 31, 2025, revealing a significant increase in revenue compared to the previous fiscal period. The company generated total revenues of $30,838 for the three months ended May 31, 2025, compared to $0 in the same period last year, marking a 100% increase. For the nine-month period, revenues rose by 25% to $44,938, up from $35,900 in the prior year. The increase in revenue is attributed to a targeted customer outreach strategy and the expansion of business lines, particularly in the sale of RSS feeds and podcasts, which accounted for 88% of total revenue during the nine months.
Despite the revenue growth, the company reported a net loss of $13,047 for the three months ended May 31, 2025, a slight improvement from a loss of $14,149 in the same period last year. For the nine months, the net loss increased to $81,420 from $58,310, primarily due to rising operating expenses, which totaled $90,915 compared to $80,991 in the previous year. The increase in operating expenses was driven by higher professional fees and costs associated with website updates and new acquisitions, including an API and RSS feeds.
Sky Century Investment has also made strategic developments during the reporting period, including the acquisition of intangible assets such as databases and an API, which are expected to enhance its service offerings. The company’s total assets increased to $124,437 as of May 31, 2025, up from $95,384 at the end of the previous fiscal year. However, the company continues to face a working capital deficit of $359,277, reflecting a 34% increase from the prior year, which raises concerns about its liquidity and ability to sustain operations without additional capital.
Operationally, the company has seen a notable increase in its customer base and engagement metrics, particularly in its IT services segment, which accounted for 12% of total revenue for the nine months ended May 31, 2025. The company is actively seeking new investors to support its growth and is focused on expanding its service offerings in IT and marketing. As of May 31, 2025, the company had a total of 223,548,220 common shares issued and outstanding, reflecting ongoing efforts to convert debt into equity to improve its financial position.
Looking ahead, Sky Century Investment remains committed to enhancing its service offerings and expanding its market presence. The company plans to continue its focus on IT services and the sale of RSS feeds and podcasts, while also exploring opportunities for geographic expansion and product adoption. However, management acknowledges the challenges posed by its current financial position and the need for ongoing financial support to ensure the company's viability in the coming months.
About Sky Century Investment, Inc.
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