10-K - ALIXO-YOLLOO Corp (0001977837) (Filer)

Thu, May 29, 4:22 PM (20 days ago)

**Alixo-Yolloo Corporation (ALXY)** **Financial Performance:** - **Revenue:** $37,760,000 in 2025, up 75% from $21,518,000 in 2024. - **Net Income:** Net loss of $22,658,000 in 2025, compared to a net loss of $6,771,000 in 2024. - **Operating Expenses:** $60,418,000 in 2025, up 120% from $27,422,000 in 2024. - **Earnings Per Share:** $0.00 for both years. **Strategic Overview:** - **Business Model:** Specializes in music-recognition services through its mobile app 'Alixo' and offers an API rental service. - **Competitive Strengths:** Innovative software, user-friendly interface, data privacy, competitive pricing, and strategic growth plans. - **Growth Strategies:** Expand app functionality, generate revenue through API packages, improve user experience, explore new markets, and increase brand awareness. **Future Outlook:** - Plans to integrate AI for personalized track recommendations. - Focus on expanding globally and adapting to regional market needs. **Risk Factors:** - Limited historical financial information. - Dependence on a few key individuals. - Need for additional capital to sustain operations. - Substantial doubt about the company's ability to continue as a going concern. **Financial Condition:** - **Cash Reserves:** $13,861,000 as of February 28, 2025. - **Liabilities:** $111,064,000, including $73,034,000 owed to a director. - **Shareholders' Equity:** Decreased to $5,400,000 from $28,058,000. - **Accumulated Deficit:** $33,500,000 as of February 28, 2025. **Market Position Changes:** - **Trading Symbol:** ALXY on the OTC Markets, but trading has not yet commenced. - **Shares Outstanding:** 6,695,000 as of May 28, 2025. **Key Financial Metrics:** - **Revenue Growth:** Significant increase in revenue, but operating expenses grew at a higher rate. - **Cash Flow:** Improved cash flow from operations, but still reliant on financing activities. - **Going Concern:** Substantial doubt about the company's ability to continue as a going concern due to financial losses and limited revenue.