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Anvi Global Holdings Inc (ANVI0.00%). has submitted its 10-Q filing for the quarterly period ended November 30, 2024.
The filing includes financial statements for the quarter, showing general and administrative expenses of $46,361, compared to $45,832 in the same quarter the previous year. The expenses include a service agreement cost of $36,000, professional fees of $3,092, OTC Market fees of $3,900, and other general expenses of $3,369.
The company reported a net loss of $46,361 for the three months ended November 30, 2024, compared to a net loss of $45,832 for the same period in the previous year.
For the nine months ended November 30, 2024, general and administrative expenses were $152,470, compared to $151,875 for the same period in the previous year. The expenses include a service agreement cost of $108,000, professional fees of $26,292, OTC Market fees of $11,700, and other general expenses of $6,478.
The company recognized no other income for the nine months ended November 30, 2024, compared to $14,051 in the previous year from the write-off of accounts payable.
Net cash used in operating activities was $45,653 for the nine-month period ended November 30, 2024, while net cash provided by financing activities was $54,800, primarily from advances from the CEO.
Anvi Global Holdings Inc. reported a stockholders' deficit of $2,112,702 as of November 30, 2024, compared to $1,960,232 as of February 29, 2024.
The company continues to face substantial doubt about its ability to continue as a going concern due to its lack of revenue and accumulated deficit of $2,171,202 as of November 30, 2024.
Anvi Global Holdings Inc. plans to become a diversified global holdings company with interests in various segments, including mining, infrastructure, health services, and aerospace engineering. However, as of the date of the report, the company has not invested in or acquired any assets or companies.
This content was summarized by generative artificial intelligence using public filings retrieved from SEC.gov. The original data was derived from the Anvi Global Holdings Inc quarterly 10-Q report dated January 14, 2025. To report an error, please email earnings@qz.com.