Concrete Leveling Systems Reports Zero Revenue, Widening Losses

TL;DR

CLEV is a pre-revenue penny stock burning cash with no clear path to profitability; avoid unless you're a high-risk speculator.

AI Summary

Concrete Leveling Systems Inc. (CLEV) reported no revenue for the three and nine months ended April 30, 2025, consistent with the prior year periods. The company incurred a net loss of $62,750 for the three months ended April 30, 2025, a significant increase from the $15,139 net loss in the same period of 2024. For the nine months ended April 30, 2025, the net loss was $140,278, compared to a net loss of $140,278 in the prior year, indicating a stable but negative financial position over the longer term. Key business changes include the company's continued focus on developing its business plan without generating operational revenue. Risks primarily revolve around the lack of revenue generation and the ongoing accumulation of net losses, which totaled $140,278 as of April 30, 2025. The strategic outlook remains uncertain given the absence of revenue and the reliance on capital raises to sustain operations, as evidenced by the $14,027,834 in additional paid-in capital as of April 30, 2025.

Why It Matters

This filing reveals Concrete Leveling Systems Inc. (CLEV) is a pre-revenue company, which is critical for investors as it signifies high risk and speculative potential. The widening net loss to $62,750 for the quarter, despite no revenue, indicates increasing operational burn rate, which could impact future liquidity and necessitate further capital raises. For employees, the lack of revenue suggests job insecurity and a highly uncertain future. Customers are not directly impacted as there are no current products or services generating revenue, but the company's long-term viability is questionable in a competitive market where established players like URETEK Holdings Inc. and PolyLEVEL have significant market share.

Risk Assessment

Risk Level: high — The risk level is high due to the complete absence of revenue for both the three and nine months ended April 30, 2025, and the increasing net loss of $62,750 for the quarter, up from $15,139 in the prior year. This indicates a company in the very early stages of development with no proven business model or income stream, relying entirely on external financing.

Analyst Insight

Investors should exercise extreme caution and consider this a highly speculative investment. Given the lack of revenue and widening losses, it's advisable to avoid CLEV unless you have a high-risk tolerance and believe in the company's unproven long-term potential.

Financial Highlights

debt To Equity

N/A

revenue

$0

operating Margin

N/A

total Assets

N/A

total Debt

N/A

net Income

-$62,750

eps

N/A

gross Margin

N/A

cash Position

N/A

revenue Growth

0.0%

Revenue Breakdown

Key Numbers

• $0 — Revenue (for the three and nine months ended April 30, 2025, indicating no operational income.)
• $62,750 — Net Loss (for the three months ended April 30, 2025, a significant increase from the prior year.)
• $15,139 — Net Loss (for the three months ended April 30, 2024, showing a widening loss year-over-year.)
• $140,278 — Net Loss (for the nine months ended April 30, 2025, consistent with the prior year's nine-month loss.)
• $14,027,834 — Additional Paid-In Capital (as of April 30, 2025, indicating reliance on equity financing.)

Key Players & Entities

• Concrete Leveling Systems Inc. (company) — filer of the 10-Q
• 06 Technology (company) — organization name associated with the filer
• Jericho Associates Inc. (company) — entity mentioned in historical context
• $62,750 (dollar_amount) — net loss for the three months ended April 30, 2025
• $15,139 (dollar_amount) — net loss for the three months ended April 30, 2024
• $140,278 (dollar_amount) — net loss for the nine months ended April 30, 2025 and 2024
• $14,027,834 (dollar_amount) — additional paid-in capital as of April 30, 2025
• URETEK Holdings Inc. (company) — competitor in the market
• PolyLEVEL (company) — competitor in the market

FAQ

Risk Factors

• Lack of Revenue Generation [high — financial]: The company reported $0 revenue for the three and nine months ended April 30, 2025. This continued absence of operational income poses a significant risk to the company's sustainability and future prospects.
• Accumulating Net Losses [high — financial]: Concrete Leveling Systems Inc. incurred a net loss of $62,750 for the three months ended April 30, 2025, a substantial increase from $15,139 in the prior year. The nine-month net loss was $140,278, indicating a persistent negative profitability.
• Reliance on Capital Raises [medium — financial]: The company's operations are sustained by capital raises, as evidenced by $14,027,834 in additional paid-in capital as of April 30, 2025. This reliance creates a risk associated with the ability to secure future funding.
• Uncertain Strategic Outlook [high — operational]: With no revenue generation and ongoing losses, the company's strategic outlook remains uncertain. The business plan development continues without a clear path to profitability.

Industry Context

The concrete leveling industry involves specialized services for infrastructure and construction. Companies in this sector typically rely on project-based revenue and can experience cyclical demand. Competition can arise from both established players and smaller, localized service providers.

Regulatory Implications

As a company operating within the construction and machinery sector, Concrete Leveling Systems Inc. may be subject to various industry-specific regulations related to safety, environmental compliance, and business licensing. Failure to adhere to these regulations could result in fines or operational disruptions.

What Investors Should Do

1. Monitor future capital raises
2. Evaluate the business plan for revenue generation
3. Assess the widening net loss

Key Dates

• 2025-04-30: End of the third fiscal quarter — Reported $0 revenue and a net loss of $62,750 for the quarter, with accumulated additional paid-in capital of $14,027,834.
• 2024-04-30: End of the third fiscal quarter of the prior year — Reported $0 revenue and a net loss of $15,139 for the quarter, highlighting a significant increase in losses for the current period.
• 2025-07-31: Fiscal year end — Anticipated fiscal year-end, with current trends suggesting continued operational challenges.

Glossary

Additional Paid-In Capital

The amount of money a company receives from selling stock above its par value. (Indicates the total capital raised through equity issuance, highlighting the company's reliance on external funding rather than operational revenue.)

Net Loss

The total expenses of a company exceed its total revenues over a specific period. (Shows the company's profitability, which is negative and increasing in the short term for CLEV.)

Revenue

The income generated from the normal business operations of a company. (Crucial metric for assessing business activity; CLEV's reported $0 revenue indicates a lack of operational income.)

Year-Over-Year Comparison

Concrete Leveling Systems Inc. reported $0 revenue for the three and nine months ended April 30, 2025, consistent with the prior year. However, the net loss for the three-month period significantly widened to $62,750 from $15,139 in the same period of 2024. The nine-month net loss remained stable at $140,278, indicating persistent unprofitability. The company continues to rely heavily on equity financing, with substantial additional paid-in capital, suggesting no improvement in operational cash flow generation.

Filing Details

This Form 10-Q (Form 10-Q) was filed with the SEC on June 13, 2025 regarding Concrete Leveling Systems Inc (CLEV).

View full filing on EDGAR

View Full Filing

View this 10-Q filing on SEC EDGAR