Thu, Jun 27, 4:17 PM (116 days ago)
Xenous Holdings, Inc. filed its Form 10-K for the fiscal year ended March 31, 2024. The company reported no revenue and a net loss of $63,746, up from $57,718 in the previous year, primarily due to increased professional fees. Operating expenses were $63,746. The company has no assets and current liabilities of $839,166, resulting in a working capital deficit of the same amount. The company is a shell entity seeking acquisition opportunities and currently has no business operations. Despite exploring potential acquisitions, including a Malaysia-based agricultural company, no agreements have been finalized. The company's going concern status is uncertain, relying on advances from its majority shareholder. No dividends were declared, and there were no equity issuances or repurchases. As of June 25, 2024, the company had 760,250,000 shares outstanding, with Smartex Investments Ltd. holding 81.84%.