Results of Operations for the Years Ended July 31, 2022 and 2021





Revenue

We did not recognize any revenue for the years ended July 31, 2022 and 2021.





General and administrative

General and administrative expense was $65,570 and $101 for the years ended July 31, 2022 and 2021, respectively. Expenses in the current fiscal year were for accounting fees, transfer agent fees, edgarization fees and postage expenses, primarily related to the costs of maintaining our company current with the transfer agent and with our filing obligations with the Securities and Exchange Commission. We also incurred expenses related to the notice of corporate action filed with FINRA to effect a reverse split and name change. As the Company was formed on July 8, 2021, we only had $101 of expense as of July 31, 2021.





Net Loss

For the year ended July 31, 2022, we had a net loss of $65,570 as compared to a net loss of $101 for year ended July 31, 2021.

Liquidity and Financial Condition





Operating Activities

Cash used by operating activities was $65,288 for the year ended July 31, 2022, compared to cash used for operating activities of $101 for the year ended July 31, 2021.





Investing Activities

We used $0 for investing activities for the years ended July 31, 2022 and 2021.





Financing Activities

Net cash provided by financing activities was $65,288 for year ended July 31, 2022, compared to $101 for the year ended July 31, 2021. During the year ended July 31, 2022, we received $27,639 that was contributed by the former majority shareholder and $37,649 of cash advances from the current majority shareholder.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.





Critical Accounting Policies

Refer to Note 2 of our financial statements contained elsewhere in this Form 10-K for a summary of our critical accounting policies.

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