Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 2,484 | 2,008 | 3,642 | 3,668 |
| Gross Profit | -2,484 | -2,008 | -3,642 | -3,668 |
| Selling General And Administration | 95,359 | 209,463 | 164,934 | 144,909 |
| General And Administrative Expense | 93,497 | 152,505 | 154,471 | 132,888 |
| Other Operating Expenses | 180,257 | 210,208 | 172,067 | 172,365 |
| Operating Expense | 272,650 | 419,671 | 337,001 | 317,274 |
| Operating Income | -275,134 | -421,679 | -340,643 | -320,942 |
| EBIT | -692,926 | -381,355 | -355,953 | -348,685 |
| Interest Expense | 7,715 | 8,877 | 8,001 | 45,137 |
| Interest Expense Non Operating | 7,715 | 8,877 | 8,001 | 45,137 |
| Interest Income | -- | 0.00 | 6,290 | 34,824 |
| Interest Income Non Operating | -- | 0.00 | 6,290 | 34,824 |
| Net Interest Income | -7,715 | -8,877 | -62,584 | -22,118 |
| Other Income Expense | -417,792 | 40,324 | 39,273 | -50,762 |
| Other Non Operating Income Expenses | -- | -- | 27,500 | -- |
| Special Income Charges | -417,792 | 40,324 | 11,773 | -50,762 |
| Pretax Income | -700,641 | -390,232 | -363,954 | -393,822 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -700,641 | -390,232 | -363,954 | -393,822 |
| Net Income From Continuing Operation Net Minority Interest | -700,641 | -390,232 | -363,954 | -393,822 |
| Net Income Including Noncontrolling Interests | -700,641 | -390,232 | -363,954 | -393,822 |
| Net Income Common Stockholders | -700,641 | -390,232 | -363,954 | -393,822 |
| Net Income | -700,641 | -390,232 | -363,954 | -393,822 |
| EBITDA | -690,442 | -379,347 | -352,311 | -345,017 |
| Normalized EBITDA | -272,650 | -419,671 | -364,084 | -294,255 |
| Reconciled Depreciation | 2,484 | 2,008 | 3,642 | 3,668 |
| Basic EPS | -0.07 | -0.04 | -0.04 | -0.10 |
| Diluted EPS | -0.07 | -0.04 | -0.04 | -0.10 |
| Basic Average Shares | 9.7M | 9.6M | 8.6M | 7.0M |
| Diluted Average Shares | 9.7M | 9.6M | 8.6M | 7.0M |
| Total Unusual Items | -417,792 | 40,324 | 11,773 | -50,762 |
| Total Unusual Items Excluding Goodwill | -417,792 | 40,324 | 11,773 | -50,762 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -282,849 | -430,556 | -375,727 | -343,060 |
| Diluted NI Availto Com Stockholders | -700,641 | -390,232 | -363,954 | -393,822 |
| Gain On Sale Of Ppe | 0.00 | 216,344 | 0.00 | -- |
| Impairment Of Capital Assets | 417,792 | 176,020 | 30,104 | 50,762 |
| Net Income Continuous Operations | -700,641 | -390,232 | -363,954 | -393,822 |
| Net Non Operating Interest Income Expense | -7,715 | -8,877 | -62,584 | -22,118 |
| Other Gand A | 45,754 | 107,564 | 110,737 | 89,208 |
| Other Special Charges | -- | -- | -41,877 | -- |
| Other Taxes | -2,966 | 0.00 | -- | -- |
| Reconciled Cost Of Revenue | 2,484 | 2,008 | 3,642 | 3,668 |
| Rent And Landing Fees | 47,743 | 44,941 | 43,734 | 43,680 |
| Rent Expense Supplemental | 47,743 | 44,941 | 43,734 | 43,680 |
| Selling And Marketing Expense | 1,862 | 56,958 | 10,463 | 12,021 |
| Total Expenses | 275,134 | 421,679 | 340,643 | 320,942 |
| Total Operating Income As Reported | -- | -430,556 | -409,517 | -377,884 |
| Total Other Finance Cost | -- | -- | 60,873 | 11,805 |
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 5,017 | 3,774 | 2,025 | 32,877 |
| Cash Cash Equivalents And Short Term Investments | 5,017 | 3,774 | 2,025 | 32,877 |
| Cash Financial | 5,017 | 3,774 | 2,025 | 32,877 |
| Receivables | 9,313 | 6,167 | 10,097 | 0.00 |
| Prepaid Assets | 5,648 | 1,750 | 1,750 | 1,750 |
| Current Assets | 19,978 | 11,691 | 1.2M | 34,627 |
| Gross PPE | 109,442 | 569,415 | 581,046 | 1.5M |
| Accumulated Depreciation | -96,747 | -94,263 | -94,564 | -90,922 |
| Net PPE | 12,695 | 475,152 | 486,482 | 1.4M |
| Total Non Current Assets | 12,695 | 475,152 | 486,482 | 1.4M |
| Total Assets | 32,673 | 486,843 | 1.7M | 1.4M |
| Current Debt | -- | 35,260 | 345,230 | 398,230 |
| Current Debt And Capital Lease Obligation | -- | 35,260 | 345,230 | 398,230 |
| Accounts Payable | 263,296 | 244,761 | 717,597 | 694,147 |
| Payables | 1.3M | 1.2M | 1.6M | 1.4M |
| Payables And Accrued Expenses | 1.3M | 1.2M | 1.6M | 1.4M |
| Current Deferred Revenue | -- | 0.00 | 146,683 | 0.00 |
| Current Liabilities | 1.3M | 1.2M | 2.1M | 1.8M |
| Long Term Debt | 42,237 | -- | 28,438 | 28,438 |
| Long Term Debt And Capital Lease Obligation | 42,237 | -- | 28,438 | 28,438 |
| Total Non Current Liabilities Net Minority Interest | 42,237 | 0.00 | 28,438 | 28,438 |
| Total Liabilities Net Minority Interest | 1.4M | 1.2M | 2.1M | 1.9M |
| Common Stock | 16.9M | 16.8M | 16.7M | 16.4M |
| Capital Stock | 16.9M | 16.8M | 16.7M | 16.4M |
| Retained Earnings | -19.1M | -18.4M | -18.0M | -17.6M |
| Gains Losses Not Affecting Retained Earnings | 857,866 | 857,866 | 857,866 | 785,628 |
| Common Stock Equity | -1.4M | -711,414 | -382,682 | -434,662 |
| Stockholders Equity | -1.4M | -711,414 | -382,682 | -434,662 |
| Total Equity Gross Minority Interest | -1.4M | -711,414 | -382,682 | -434,662 |
| Total Capitalization | -1.3M | -711,414 | -354,244 | -406,224 |
| Net Tangible Assets | -1.4M | -711,414 | -382,682 | -434,662 |
| Tangible Book Value | -1.4M | -711,414 | -382,682 | -434,662 |
| Working Capital | -1.3M | -1.2M | -840,726 | -1.8M |
| Invested Capital | -1.3M | -676,154 | -9,014 | -7,994 |
| Total Debt | 42,237 | 35,260 | 373,668 | 426,668 |
| Net Debt | 37,220 | 31,486 | 371,643 | 393,791 |
| Share Issued | 11.1M | 9.8M | 9.2M | 7.6M |
| Ordinary Shares Number | 11.1M | 9.8M | 9.2M | 7.6M |
| Assets Held For Sale Current | -- | 0.00 | 1.2M | 0.00 |
| Current Deferred Assets | -- | 0.00 | 38,329 | 0.00 |
| Current Deferred Liabilities | -- | 0.00 | 146,683 | 0.00 |
| Dueto Related Parties Current | 1.1M | 918,236 | 852,166 | 734,151 |
| Machinery Furniture Equipment | 99,995 | 99,995 | 102,304 | 102,304 |
| Other Current Borrowings | -- | 35,260 | 345,230 | 398,230 |
| Other Equity Interest | -- | -- | 50,000 | -- |
| Other Properties | 9,447 | 469,420 | 478,742 | 1.4M |
| Taxes Receivable | 9,313 | 6,167 | 10,097 | 0.00 |
| Total Tax Payable | -- | -- | -- | 1,167 |
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -119,997 | -482,735 | -122,634 | -382,768 |
| Cash Flow From Continuing Operating Activities | -119,997 | -482,735 | -122,634 | -382,768 |
| Depreciation And Amortization | 2,484 | 2,008 | 3,642 | 3,668 |
| Depreciation Amortization Depletion | 2,484 | 2,008 | 3,642 | 3,668 |
| Change In Working Capital | 9,391 | -214,008 | 216,078 | -23,619 |
| Change In Receivables | -3,146 | -18,095 | -10,097 | -- |
| Change In Payables And Accrued Expense | 16,435 | -195,913 | 226,175 | -26,995 |
| Change In Other Working Capital | -- | -- | -10,097 | 3,376 |
| Other Non Cash Items | 150,977 | 159,822 | 33,373 | -19,757 |
| Capital Expenditure | -- | -- | -- | -12,640 |
| Purchase Of PPE | -- | -- | 0.00 | -12,640 |
| Net PPE Purchase And Sale | 0.00 | 1.2M | 0.00 | -12,640 |
| Investing Cash Flow | 48,031 | 833,119 | -355,794 | -89,781 |
| Cash Flow From Continuing Investing Activities | 48,031 | 833,119 | -355,794 | -89,781 |
| Issuance Of Debt | -- | -- | 0.00 | 60,000 |
| Repayment Of Debt | 0.00 | -345,230 | -53,000 | -78,093 |
| Net Issuance Payments Of Debt | 0.00 | -345,230 | -53,000 | -18,093 |
| Issuance Of Capital Stock | 60,000 | 52,500 | 397,861 | 422,500 |
| Net Common Stock Issuance | 60,000 | 52,500 | 397,861 | 422,500 |
| Financing Cash Flow | 73,209 | -348,635 | 447,576 | 505,426 |
| Cash Flow From Continuing Financing Activities | 73,209 | -348,635 | 447,576 | 505,426 |
| Changes In Cash | 1,243 | 1,749 | -30,852 | 32,877 |
| Beginning Cash Position | 3,774 | 2,025 | 32,877 | 0.00 |
| End Cash Position | 5,017 | 3,774 | 2,025 | 32,877 |
| Free Cash Flow | -119,997 | -482,735 | -122,634 | -395,408 |
| Income Tax Paid Supplemental Data | -- | -- | -- | 0.00 |
| Interest Paid Supplemental Data | -- | -- | -- | 41,679 |
| Asset Impairment Charge | 417,792 | 176,019 | 30,104 | 50,762 |
| Change In Prepaid Assets | -3,898 | 0.00 | -- | -- |
| Common Stock Issuance | 60,000 | 52,500 | 397,861 | 422,500 |
| Depreciation | 2,484 | 2,008 | 3,642 | 3,668 |
| Long Term Debt Issuance | -- | -- | 0.00 | 60,000 |
| Long Term Debt Payments | 0.00 | -345,230 | -53,000 | -76,500 |
| Net Income From Continuing Operations | -700,641 | -390,232 | -363,954 | -393,822 |
| Net Long Term Debt Issuance | 0.00 | -345,230 | -53,000 | -16,500 |
| Net Other Financing Charges | 13,209 | -55,905 | 102,715 | 101,019 |
| Net Other Investing Changes | 48,031 | -370,199 | -355,794 | -77,141 |
| Net Short Term Debt Issuance | -- | -- | 0.00 | -1,593 |
| Operating Gains Losses | -- | -216,344 | -41,877 | -- |
| Sale Of PPE | 0.00 | 1.2M | 0.00 | -- |
| Short Term Debt Payments | -- | -- | 0.00 | -1,593 |