Thu, May 15, 4:17 PM (39 days ago)
**GHST World Inc. (GHST) Q1 2025 Financial Summary** **Financial Health & Performance:** * **Revenue:** Q1 2025 revenue was $4,755, up from $431 in Q1 2024. Nine-month revenue was $55,359, up from $40,126 in the same period last year. * **Net Loss:** Q1 2025 net loss was $31,532, slightly higher than the $27,915 loss in Q1 2024. Nine-month net loss was $89,963, significantly lower than the $464,714 loss in the same period last year. * **Operating Expenses:** Nine-month operating expenses were $145,322, down from $504,764 in the same period last year, primarily due to decreased product development costs. * **Cash Flow:** Nine-month net cash used in operating activities was $135,899, up from $127,786 in the same period last year. Net cash provided by financing activities was $117,741, up from $88,367 in the same period last year. * **Liquidity:** GHST had $144 in available cash as of March 31, 2025, and has expressed substantial doubt about its ability to continue as a going concern for the next 12 months without raising additional capital or generating material revenue. **Trends & Future Operations:** * GHST is shifting focus to clean energy production and trading, with plans to develop solar plants in Italy. * The company is dependent on related parties for short-term funding and has a stockholders' deficit of $398,237 as of March 31, 2025. * GHST expects to generate revenue from the sale of electricity and is seeking a strategic partner for its Smart Shin Guard product. * The company's ability to continue as a going concern is dependent on profitable future operations, positive cash flows, and additional financing. **Uncertainties & Risks:** * GHST's new business venture is subject to significant risks and uncertainties, including financial, operational, and technological risks. * The company's ability to raise sufficient capital and generate material revenue is uncertain. * GHST's financial statements do not include any adjustments related to the recovery and classification of recorded asset amounts and classifications of liabilities that might be necessary should the company be unable to continue as a going concern.