Thu, Jun 5, 3:18 PM (11 days ago)
**Birdie Win Corporation (BWIN) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** BWIN reported $25,000 in revenue for the nine months ending April 30, 2025, up from $20,000 in the same period in 2024. - **Profit Margins:** The company incurred a net loss of $6,033 for the nine months ending April 30, 2025, an improvement from a net loss of $16,719 in the same period in 2024. - **Cash Flow:** BWIN experienced a net cash outflow of $77 in operating activities for the nine months ending April 30, 2025, compared to a net cash outflow of $4,808 in the same period in 2024. - **Earnings Changes:** The company's net loss per share remained at $0.00 for both periods due to the number of shares outstanding. **Quarterly Performance Discussion:** - **Revenue Growth:** The increase in revenue is attributed to the provision of five Personal Financial Literacy Seminars (PFL Seminars) in 2025 compared to four in 2024. - **Operating Expenses:** Operating expenses decreased to $31,033 in 2025 from $36,719 in 2024, primarily due to a reduction in allowance for doubtful accounts and bookkeeping fees. - **Cash Flow Improvement:** The improvement in cash flow is due to a decrease in net loss from operations and changes in working capital. **Trends and Uncertainties:** - **Customer Concentration:** BWIN's revenue is highly concentrated, with one customer accounting for 100% of the company's revenue in both periods. - **Operational Risks:** The company faces risks related to its reliance on a single revenue stream and the need to improve its internal controls and financial reporting procedures. - **Future Operations Impact:** BWIN plans to continue providing PFL Seminars and may explore additional revenue streams to diversify its income. **Management and Governance:** - **Leadership Changes:** BWIN has experienced several changes in its leadership, with new directors and officers appointed in recent periods. - **Internal Controls:** The company has identified material weaknesses in its internal controls over financial reporting, which it is working to address. **Conclusion:** Birdie Win Corporation shows signs of improvement in its financial performance, with increased revenue and reduced losses. However, the company faces significant risks related to customer concentration and internal controls. Continued focus on diversifying revenue streams and strengthening internal controls will be crucial for BWIN's future success.