Global-Smart.Tech Inc. Quarterly Report Released - Here’s What You Should Know

Global-Smart.Tech Inc. – Q1 FY2026 Investor Summary

Financial Highlights (Quarter Ended August 31, 2025):

• Revenue: $14,803 (Q1 FY2025: $0). Revenue increased due to growth in business operations.
• Net Loss: $(46,676) (Q1 FY2025: $(27,549)). Loss rose due to higher professional fees ($31,090 in Q1 FY2026 vs. $9,000 prior year), increased G&A expenses ($11,840 in Q1 FY2026 vs. $0), and depreciation ($18,549).
• Operating Expenses: $61,479 (Q1 FY2025: $27,549), primarily from professional fees, depreciation, and G&A.
• Loss per Share: $(0.01) (unchanged year-over-year).
• Weighted Average Shares Outstanding: 5,091,774 (Q1 FY2025: 5,000,000).
• Shares Outstanding (period end): 6,134,780.

Balance Sheet:

• Cash: $511 (May 31, 2025: $12,943).
• Prepaid Expenses: $23,325.
• Total Assets: $194,953 (May 31, 2025: $220,904).
• Liabilities: $473,187, including:
  • Loan from related parties: $434,425 (owed to CEO Yehor Rodin).
  • Accrued salaries: $25,550.
  • Accounts payable: $10,000.
  • Deferred revenue: $3,212.
• Stockholders' Equity (Deficit): $(278,234) (worsened from $(238,761) as of May 31, 2025).
• Fixed Assets: Net book value $171,117 with ongoing depreciation.

Cash Flow:

• Operating Cash Outflow: $(23,945).
• Net cash from Financing: $11,513 (includes $4,310 from related party loans, $7,203 from issuance of shares).
• Ending Cash: $511, indicating a significant decrease over the quarter.

Liquidity and Capital Resources:

• The Company’s ability to continue as a going concern is in doubt, as operations are funded by related party loans and equity sales, with a significant accumulated deficit ($317,281 as of August 31, 2025).
• It will require additional capital to execute its growth plan, which may come from further debt/equity financing.

Business & Operations:

• Operations center on cloud rendering services targeting 3D interior designers and visualizers.
• Only one employee (the CEO); very early-stage development with limited revenues.
• Plans to invest in online marketing and expand offerings.

Related Party Transactions:

• Continues heavy reliance on CEO-financed loans ($434,425 outstanding).

Risks:

• Going Concern Uncertainty: Ongoing losses, negative equity, and low cash balance.
• Dependence on Related Party Funding: Financial viability hinges on continued funding from the CEO.
• Operational Risks: Limited personnel, early stage of business, and competitive industry dynamics.
• No Current Legal Proceedings and no identified new risk factors.

Other:

• No unregistered sales of equity, legal proceedings, defaults, or material changes in controls.
• No recent investing activity; capital expenditures are fixed and being depreciated.

Overall Assessment: Global-Smart.Tech Inc. remains an early-stage, high-risk investment opportunity. It has only recently begun recording revenue, continues to incur net and operational losses, and is heavily reliant on financing from its principal executive. Liquidity is extremely limited, and the company will need additional funding to continue operations. Investors should weigh the risks associated with the company’s financial position, concentration of control, and uncertain outlook.

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