Welsis Corp. Reports Improved Net Loss and Strategic Developments in Cryptocurrency

Welsis Corp. reported its financial results for the three months ending December 31, 2025, revealing a net loss of $10,020, a significant improvement from the net loss of $24,256 recorded in the same period the previous year. The company did not generate any revenue during this quarter, consistent with its performance in the prior year. Operating expenses decreased to $6,793 from $22,244, primarily due to reduced professional fees. The company’s interest expenses rose to $3,227 from $2,012, contributing to the overall net loss.

In terms of balance sheet performance, Welsis Corp. reported total current assets of $1,126, a decline from $2,169 as of September 30, 2025. Current liabilities decreased slightly to $83,060 from $84,608, resulting in a working capital deficiency of $81,934, an improvement from $82,439 in the previous quarter. The company’s total liabilities increased to $161,477 from $152,500, largely due to an increase in convertible notes payable, which rose to $78,417 from $67,892.

Welsis Corp. has been actively pursuing strategic developments, including its entry into the cryptocurrency and blockchain industry with the launch of TokenTraders.net, a crypto-exchange platform. This initiative aims to facilitate cryptocurrency trading and storage for users. The company has also undergone significant organizational changes, including a shift in majority ownership to Skywest Pinnacle Limited, which now controls approximately 73% of the company’s shares. This change in ownership led to the appointment of Kwok Boon Kit as the new Chief Executive Officer.

Despite these developments, Welsis Corp. continues to face challenges in generating revenue and maintaining liquidity. The company reported no cash on hand as of December 31, 2025, and indicated that it will require additional capital to support its operations and growth plans. Management is exploring options for raising funds through equity or debt securities, although no specific plans have been established. The company’s ability to continue as a going concern remains uncertain, as it must generate sufficient revenue and secure additional funding to meet its long-term operational needs.

Looking ahead, Welsis Corp. aims to implement its business plan and expand its operations, particularly in the teletherapy and cryptocurrency sectors. However, the company acknowledges that its future success is contingent upon its ability to raise capital and achieve operational milestones. The management's forward-looking statements emphasize the need for ongoing funding and the potential for further dilution of existing shareholders as the company seeks to stabilize its financial position.