Thu, Jun 12, 11:03 AM (37 days ago)
**Starguide Group, Inc. (STGU) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $0 (Q1 2024: $108,000) - **Gross Profit:** $0 (Q1 2024: $74,000) - **Net Loss:** $12,794,000 (Q1 2024: $23,236,000) - **Operating Expenses:** $14,089,000 (Q1 2024: $22,097,000) - **Cash Flow from Operations:** -$14,624,000 (Q1 2024: -$22,879,000) - **Cash Flow from Financing:** $17,950,000 (Q1 2024: $22,526,000) - **Net Cash Change:** $121,000 (Q1 2024: -$17,000) **Profit Margins:** - **Gross Margin:** 0% (Q1 2024: 68.52%) - **Operating Margin:** -100% (Q1 2024: -204.63%) - **Net Margin:** -100% (Q1 2024: -215.14%) **Liquidity and Solvency:** - **Current Assets:** $125,000 (Q1 2024: $4,000) - **Current Liabilities:** $363,585,000 (Q1 2024: $338,626,000) - **Working Capital Deficit:** $363,460,000 (Q1 2024: $338,622,000) - **Accumulated Deficit:** $356,670,000 (Q1 2024: $344,570,000) - **Stockholders' Deficit:** $362,029,000 (Q1 2024: $337,149,000) **Trends and Uncertainties:** - **Revenue Trend:** Decline in revenue, with no revenue generated in Q1 2025. - **Expense Management:** Reduction in operating expenses by 36%. - **Funding:** Reliance on convertible notes and related party advances for financing. - **Going Concern:** Substantial doubt about the ability to continue as a going concern due to significant liabilities and negative cash flows. **Future Operations Impact:** - **Strategic Plans:** Focus on identifying and acquiring SaaS businesses to grow under the Starguide umbrella. - **Funding Needs:** Continued reliance on major shareholder support and additional capital raising efforts. - **Risk Factors:** Dependence on a single segment (SaaS) and the ability to secure future funding. **Conclusion:** Starguide Group, Inc. faces significant financial challenges, including substantial liabilities, negative cash flows, and a lack of revenue. The company's strategic focus on acquiring and incubating SaaS startups will be crucial for future growth, but success will depend on securing additional funding and managing expenses effectively. The going concern uncertainty highlights the need for immediate and sustained financial support.