Xenous Holdings, Inc. reported its financial results for the quarter ending December 31, 2025, revealing a net loss of $15,519, compared to a loss of $14,894 for the same period in 2024. For the nine months ending December 31, 2025, the company recorded a net loss of $46,505, slightly higher than the $46,049 loss reported in the previous year. The increase in losses is attributed primarily to rising audit and transfer agent fees. Operating expenses for the three months and nine months ended December 31, 2025, were $15,519 and $46,505, respectively, reflecting a modest increase from the prior year.
The company’s total liabilities as of December 31, 2025, stood at $950,127, up from $903,622 as of March 31, 2025. This increase is largely due to advances from related parties, specifically from Ms. Tan Lee San, who took over financial responsibilities from the previous majority shareholder, Smartex Investment Ltd. The accumulated deficit reached $1,260,927, compared to $1,214,422 at the end of the previous fiscal year. The company continues to operate with a working capital deficiency of $950,127, indicating ongoing financial challenges.
Xenous Holdings remains in a development stage with no active business operations. The company has not generated any revenue since its inception and is focused on maintaining its public reporting and exploring potential business ventures. The management has indicated that future operations will depend on securing additional financing and executing a viable business plan. The company has not identified any specific industry or business for future operations, which complicates its financial outlook.
In terms of strategic developments, the company is progressing with due diligence on a potential acquisition of a Malaysia-based company involved in agricultural commodities related to Aquilaria trees. This acquisition could provide a pathway to operational activities, but the completion of due diligence is not expected until the second half of 2026. The company has emphasized its commitment to transparency and will keep stakeholders informed of significant developments.
Looking ahead, Xenous Holdings faces substantial doubt regarding its ability to continue as a going concern, as highlighted by its independent auditors. The company’s future is contingent on its ability to generate sufficient cash flows from operations or secure additional financing. There are no guarantees that the necessary funding will be available, which poses a significant risk to its operational viability.
About Xenous Holdings, Inc.
Xenous Holdings, Inc. is a shell company seeking to acquire or merge with operating businesses across various industries. It has no current operations, products, or services. The company focuses on identifying potential assets or companies, primarily through funding or mergers, to create a going concern. Its core value lies in acting as a vehicle for private companies to access public markets via acquisitions or reorganizations.
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