Fri, Jun 6, 11:47 AM (18 days ago)
**Natics Corp. (Ticker: Not Provided)** **Financial Performance (in thousands):** - **Revenue:** $16,200 (2025), $21,920 (2024) - **Net Income:** -$41,049 (2025), -$12,160 (2024) - **Operating Expenses:** $57,249 (2025), $34,080 (2024) - **Earnings per Share:** -$0.00 (2025), -$0.00 (2024) **Strategic Overview:** Natics Corp. is a development-stage company focused on online workout services. Their mobile application, "Sport Natics," offers both free and paid versions, with the paid version including personalized training and nutrition plans. **Future Outlook:** The company is in the early stages of operations and has not yet generated significant revenues. They anticipate raising funds to conduct a marketing program and expect to rely on additional investment capital to cover operating expenses. **Risk Factors:** - **Financial Condition:** The company has an accumulated deficit of $82,736 and negative cash flow from operations, raising substantial doubt about its ability to continue as a going concern. - **Cybersecurity:** The company has not yet implemented a formal cybersecurity risk management program. - **Market Position:** The company's stock is not currently trading, and there is no assurance that a market will develop. **Financial Condition:** - **Total Assets:** $23,823 (2025), $49,518 (2024) - **Total Liabilities:** $81,306 (2025), $65,952 (2024) - **Stockholders' Equity:** -$57,483 (2025), -$16,434 (2024) **Market Position Changes:** The company has not yet established a significant market position, and its stock is not currently trading. The company has 5,495,300 shares outstanding, with the sole director, Guy Pirotsky, owning 55% of the shares. **Corporate Governance:** The company has a limited corporate governance structure, with the sole director performing multiple roles. The company does not have an audit committee or compensation committee, and the director believes that it is not necessary to have such committees at this time. **COVID-19 Impact:** The company expects that its business will be impacted to some degree by the COVID-19 outbreak, but the significance of the impact and the duration for which it may have an impact cannot be determined at this time.