Eventiko Inc. Files 10-Q for Period Ending January 31, 2024
Ticker: EVTK · Form: 10-Q · Filed: Feb 26, 2024 · CIK: 1816554
| Field | Detail |
|---|---|
| Company | Eventiko INC. (EVTK) |
| Form Type | 10-Q |
| Filed Date | Feb 26, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.0001, $0.02, $10,250, $4,729, $16,530 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, Eventiko Inc., Quarterly Report, Financial Filing, SEC
TL;DR
<b>Eventiko Inc. has submitted its quarterly report (10-Q) for the period ending January 31, 2024.</b>
AI Summary
EVENTIKO INC. (EVTK) filed a Quarterly Report (10-Q) with the SEC on February 26, 2024. Eventiko Inc. filed a 10-Q report for the period ending January 31, 2024. The company's fiscal year ends on April 30. The filing covers the third quarter of the fiscal year. The company is incorporated in Nevada. The business and mailing address is 1445 Woodmont Lane NW, #2639, Atlanta, GA 30318.
Why It Matters
For investors and stakeholders tracking EVENTIKO INC., this filing contains several important signals. This filing provides investors with an update on the company's financial performance and operational status for the specified quarter. Understanding the details within this 10-Q is crucial for assessing Eventiko Inc.'s current financial health and future prospects.
Risk Assessment
Risk Level: low — EVENTIKO INC. shows low risk based on this filing. The filing is a standard 10-Q, providing routine financial updates without immediate indicators of significant risk or opportunity.
Analyst Insight
Review the full 10-Q filing for detailed financial statements and management discussion to understand Eventiko Inc.'s performance.
Key Numbers
- 2024-01-31 — Report Period End Date (CONFORMED PERIOD OF REPORT)
- 2024-02-26 — Filing Date (FILED AS OF DATE)
- 0430 — Fiscal Year End (FISCAL YEAR END)
Key Players & Entities
- EVENTIKO INC. (company) — FILER
- 0001816554 (company) — CENTRAL INDEX KEY
- 7990 (industry) — STANDARD INDUSTRIAL CLASSIFICATION
- 07 Trade & Services (company) — ORGANIZATION NAME
- NV (jurisdiction) — STATE OF INCORPORATION
- 1445 WOODMONT LANE NW, #2639 (address) — BUSINESS ADDRESS
- ATLANTA (location) — CITY
- GA (location) — STATE
FAQ
When did EVENTIKO INC. file this 10-Q?
EVENTIKO INC. filed this Quarterly Report (10-Q) with the SEC on February 26, 2024.
What is a 10-Q filing?
A 10-Q is a quarterly financial report with unaudited financials, management discussion, and interim business updates. This particular 10-Q was filed by EVENTIKO INC. (EVTK).
Where can I read the original 10-Q filing from EVENTIKO INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by EVENTIKO INC..
What are the key takeaways from EVENTIKO INC.'s 10-Q?
EVENTIKO INC. filed this 10-Q on February 26, 2024. Key takeaways: Eventiko Inc. filed a 10-Q report for the period ending January 31, 2024.. The company's fiscal year ends on April 30.. The filing covers the third quarter of the fiscal year..
Is EVENTIKO INC. a risky investment based on this filing?
Based on this 10-Q, EVENTIKO INC. presents a relatively low-risk profile. The filing is a standard 10-Q, providing routine financial updates without immediate indicators of significant risk or opportunity.
What should investors do after reading EVENTIKO INC.'s 10-Q?
Review the full 10-Q filing for detailed financial statements and management discussion to understand Eventiko Inc.'s performance. The overall sentiment from this filing is neutral.
How does EVENTIKO INC. compare to its industry peers?
Eventiko Inc. operates in the Services-Miscellaneous Amusement & Recreation sector, SIC code 7990.
Are there regulatory concerns for EVENTIKO INC.?
This filing is made under the Securities Exchange Act of 1934.
Industry Context
Eventiko Inc. operates in the Services-Miscellaneous Amusement & Recreation sector, SIC code 7990.
Regulatory Implications
This filing is made under the Securities Exchange Act of 1934.
What Investors Should Do
- Analyze the financial statements within the 10-Q for revenue, expenses, and net income.
- Review the Management's Discussion and Analysis section for insights into business operations and future outlook.
- Compare the current quarter's performance to previous periods to identify trends.
Key Dates
- 2024-01-31: Quarter End Date — End of the reporting period for this 10-Q filing.
- 2024-02-26: Filing Date — Date the 10-Q was officially submitted to the SEC.
Year-Over-Year Comparison
This is the 10-Q filing for the period ending January 31, 2024. Specific comparative data from the previous filing is not detailed in this header information.
Filing Stats: 4,605 words · 18 min read · ~15 pages · Grade level 14.7 · Accepted 2024-02-26 09:41:18
Key Financial Figures
- $0.0001 — – $ – Shares issued for services at $0.0001 per share 3,000,000 300 – – 300
- $0.02 — $ ( 923 ) Shares issued for cash at $0.02 per share in October, 2021 143,000 14
- $10,250 — y 31, 2023 Revenue We have generated $10,250 in revenues since our inception. Opera
- $4,729 — $ 6,503 We have incurred expenses of $4,729 and $NIL for professional fees and inco
- $16,530 — , 2024 and April 30, 2023 were $Nil and $16,530. Our total current liabilities as of Ja
- $9,559 — net cash from financing activities was $9,559 consisting of director loan; For the t
Filing Documents
- eventiko_i10q-013124.htm (10-Q) — 281KB
- eventiko_ex3101.htm (EX-31.1) — 9KB
- eventiko_ex3102.htm (EX-31.2) — 9KB
- eventiko_ex3201.htm (EX-32.1) — 4KB
- 0001683168-24-001160.txt ( ) — 1657KB
- evtk-20240131.xsd (EX-101.SCH) — 13KB
- evtk-20240131_cal.xml (EX-101.CAL) — 19KB
- evtk-20240131_def.xml (EX-101.DEF) — 28KB
- evtk-20240131_lab.xml (EX-101.LAB) — 154KB
- evtk-20240131_pre.xml (EX-101.PRE) — 119KB
- eventiko_i10q-013124_htm.xml (XML) — 117KB
Financial Statements (Unaudited)
Financial Statements (Unaudited) 3 Balance Sheets 3 4 5 6 Notes to the Financial Statements 7 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 11 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 13 Item 4.
Controls and Procedures
Controls and Procedures 13 PART II. OTHER INFORMATION Item 1
Legal Proceedings
Legal Proceedings 14 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 14 Item 3 Defaults Upon Senior Securities 14 Item 4 Mine safety disclosures 14 Item 5 Other Information 14 Item 6 Exhibits 14
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS EVENTIKO INC. BALANCE SHEET January 31, 2024 April 30, 2023 (Unaudited) (Audited) ASSETS Current Assets Cash and cash equivalents $ – $ 5,530 Total Current assets – 5,530 Fixed Assets Website Development – 11,000 Total Fixed Assets – 11,000 Total Assets $ – $ 16,530 LIABILITIES & STOCKHOLDERS' EQUITY Liabilities Accounts Payable 750 11,000 Accrued Expenses – ( 24 ) Related Party Loans 9,559 24,039 Total Current liabilities 10,309 35,015 Stockholders' Equity Common stock, $ 0.0001 par value, 75,000,000 shares authorized; 4,192,500 shares issued and outstanding; 419 419 Additional paid in Capital 42,216 23,731 Accumulated deficit ( 52,944 ) ( 42,635 ) Total Stockholders' Equity ( 10,309 ) ( 18,485 ) Total Liabilities and Stockholders' Equity $ – $ 16,530 The accompanying notes are an integral part of these financial statements. 3 EVENTIKO INC. (Unaudited) Three months ended January 31, 2024 Three months ended January 31, 2023 Nine months ended January 31, 2024 Nine months ended January 31, 2023 Revenue $ – $ 10,250 $ – $ 10,250 General and administrative expenses 4,729 3,747 10,309 16,092 Total operating expenses 4,729 3,747 10,309 16,092 Net income (loss) from operations ( 4,729 ) 6,503 ( 10,309 ) ( 5,842 ) Provisions from Income Taxes – – – – NET INCOME (LOSS) $ ( 4,729 ) $ 6,503 $ ( 10,309 ) $ ( 5,842 ) Net Loss per common share: Basic and Diluted $ ( 0.00 ) $ ( 0.00 ) $ ( 0.00 ) $ ( 0.00 ) Weighted Average Number of Common Shares Outstanding: Basic and Diluted 4,192,500 4,192,500 4,192,500 4,192,500 The accompanying notes are an integral part of these financial statements. 4 EVENTIKO INC. FOR THE QUARTER ENDED JANUARY 31, 2024 & 2023 Common Stock Additional Paid-in Deficit
FORWARD LOOKING STATEMENTS
FORWARD LOOKING STATEMENTS historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.
MANAGEMENT'S DISCUSSION AND ANALYSIS
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION EMPLOYEES AND EMPLOYMENT AGREEMENTS At present, we have no employees other than our officer and director. We presently do not have pension, health, annuity, insurance, stock options, profit sharing or similar benefit plans; however, we may adopt such plans in the future. There are presently no personal benefits available to any officers, directors or employees. Results of Operation Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities. Results of Operations Three months Ended January 31, 2024 & January 31, 2023 Revenue We have generated $10,250 in revenues since our inception. Operating Expenses Our operating expenses for the three months ended January 31, 2024 and three months ended January 31, 2023 are summarized as follows: Three Months Ended January 31, 2024 Three Months Ended January 31, 2023 Revenue – 10,250 General and administrative 4,729 3,747 Total Operating Expenses $ (4,729 ) $ 6,503 We have incurred expenses of $4,729 and $NIL for professional fees and incorporation fees. 11 Liquidity and Financial Condition Working Capital At January 31, 2024 At April 30, 2023 Current assets $ – $ 16,530 Current liabilities (10,309 ) (35,015 ) Working capital $ (10,309 ) $ (18,485 ) Our total current assets as of January 31, 2024 and April 30, 2023 were $Nil and $16,530. Our total current liabilities as of January 31, 2024 were $(10,309) as compared to total current liabilities $(3
QUANTITATIVE AND QUALITATIVE DISCLOSURES
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. No report required.
CONTROLS AND PROCEDURES
ITEM 4. CONTROLS AND PROCEDURES Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer's management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of January 31, 2024. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the three-months period ended January 31, 2024 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting. 13
OTHER INFORMATION
PART II. OTHER INFORMATION
LEGAL PROCEEDINGS
ITEM 1. LEGAL PROCEEDINGS Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.
UNREGISTERED SALES OF EQUITY SECURITIES
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS No report required.
DEFAULTS UPON SENIOR SECURITIES
ITEM 3. DEFAULTS UPON SENIOR SECURITIES No report required.
MINE SAFETY DISCLOSURES
ITEM 4. MINE SAFETY DISCLOSURES Not applicable.
OTHER INFORMATION
ITEM 5. OTHER INFORMATION During the quarter ended January 31, 2024, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as each term is defined in Item 408(a) of Regulation S-K.
EXHIBITS
ITEM 6. EXHIBITS Exhibits: 31.1 Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a). 31.2 Certification of Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a) 32.1 Section 1350 Certifications 101.INS Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document) 101.SCH Inline XBRL Taxonomy Extension Schema Document 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document 104 Cover Page Interactive Data File (formatted in IXBRL, and included in exhibit 101). 14
SIGNATURES
SIGNATURES In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Eventiko Inc. Dated: February 26, 2024 By: /s / Wei Zhong Wei Zhong, President, Treasurer, Secretary and Director (Principal Executive, Financial and Accounting Officer) 15