EVENTIKO Reports Zero Revenue, Deepening Losses Amid 'Going Concern' Doubt

Ticker: EVTK · Form: 10-Q · Filed: Dec 16, 2025 · CIK: 1816554

Eventiko INC. 10-Q Filing Summary
FieldDetail
CompanyEventiko INC. (EVTK)
Form Type10-Q
Filed DateDec 16, 2025
Risk Levelhigh
Pages15
Reading Time18 min
Key Dollar Amounts$0.0001, $0.02, $2,900, $4,294
Sentimentbearish

Sentiment: bearish

Topics: Pre-Revenue, Going Concern, Related Party Loans, Accumulated Deficit, Micro-Cap, Event Planning, Startup Risk

Related Tickers: EVTK

TL;DR

**EVENTIKO is a pre-revenue shell company with no cash, relying solely on related party loans, making it a highly speculative bet with substantial 'going concern' risk.**

AI Summary

EVENTIKO INC. (EVTK) reported no revenue for the three and six months ended October 31, 2025, and October 31, 2024, indicating a pre-revenue stage. The company incurred net losses of $4,294 for the three months ended October 31, 2025, and $12,410 for the six months ended October 31, 2025, compared to losses of $2,900 and $15,594 for the respective periods in 2024. General and administrative expenses were $4,294 for the three months ended October 31, 2025, up from $2,900 in the prior year, and $12,410 for the six months ended October 31, 2025, down from $15,594 in 2024. The accumulated deficit increased to $93,172 as of October 31, 2025, from $80,762 as of April 30, 2025. The company's operations are entirely financed by related party loans, which increased to $36,277 as of October 31, 2025, from $23,867 as of April 30, 2025. A significant risk is the 'going concern' doubt due to sustained losses and lack of revenue, with management relying on future capital market investments. The company plans to organize fashion events, parties, exhibitions, festivals, and ceremonies, initially in Thailand, with a fee service of 10-20% from the total price.

Why It Matters

For investors, EVENTIKO's continued lack of revenue and increasing accumulated deficit to $93,172 signals extreme risk, as the company remains in a pre-revenue stage with no clear path to profitability. Employees, if any beyond the officer and director, face significant job insecurity given the 'going concern' warning and reliance on related party loans. Customers are currently non-existent, as the company has yet to launch its planned event services in Thailand. The broader market impact is minimal due to the company's nascent stage and lack of operations, but it highlights the challenges for micro-cap startups in securing independent funding, especially when competitive event planning markets are well-established.

Risk Assessment

Risk Level: high — The company explicitly states "there is substantial doubt about the Company's ability to continue as a going concern" due to an accumulated deficit of $93,172 as of October 31, 2025, and no revenue generated since inception. All operations are funded by related party loans, which increased by $12,410 to $36,277 in the last six months, indicating a complete reliance on insider financing.

Analyst Insight

Investors should avoid EVENTIKO INC. given its pre-revenue status, significant accumulated deficit, and explicit 'going concern' warning. The company's reliance on related party loans for all funding, with no external capital or revenue, makes it an extremely high-risk, speculative venture with no current operational viability.

Financial Highlights

debt To Equity
N/A
revenue
$0
operating Margin
N/A
total Assets
$0
total Debt
$36,277
net Income
$(4,294)
eps
$0.00
gross Margin
N/A
cash Position
$0
revenue Growth
N/A

Key Numbers

Key Players & Entities

FAQ

What is EVENTIKO INC.'s current revenue status?

EVENTIKO INC. has not generated any revenue since its inception, reporting $0 in revenue for the three and six months ended October 31, 2025, and October 31, 2024.

What is EVENTIKO INC.'s net loss for the recent quarter?

For the three months ended October 31, 2025, EVENTIKO INC. reported a net loss of $4,294, an increase from the $2,900 net loss reported for the same period in 2024.

Does EVENTIKO INC. have enough cash to operate?

No, EVENTIKO INC. reported $0 in cash and cash equivalents as of October 31, 2025, and April 30, 2025, relying entirely on related party loans for funding.

What is the accumulated deficit for EVENTIKO INC.?

As of October 31, 2025, EVENTIKO INC.'s accumulated deficit increased to $93,172, up from $80,762 as of April 30, 2025.

What are the primary risks for EVENTIKO INC. investors?

The primary risks for EVENTIKO INC. investors include the explicit 'going concern' doubt, the complete absence of revenue, increasing accumulated deficit, and total reliance on related party loans for operational funding.

How does EVENTIKO INC. fund its operations?

EVENTIKO INC. funds its operations primarily through related party loans, which totaled $36,277 as of October 31, 2025, and has no other significant sources of capital or revenue.

What is EVENTIKO INC.'s business plan?

EVENTIKO INC. plans to organize fashion events, parties, exhibitions, festivals, and ceremonies, initially in Thailand, with a projected fee service of 10-20% from the total event price.

Has EVENTIKO INC. issued any new shares recently?

No, the number of common shares issued and outstanding for EVENTIKO INC. remained constant at 4,192,500 as of October 31, 2025, with no new issuances reported in the current period.

What is the impact of COVID-19 on EVENTIKO INC.?

EVENTIKO INC. acknowledges the unknown ultimate impact of the COVID-19 pandemic, stating it could have a material adverse impact on its business, financial condition, and results of operations, though specific financial impacts cannot be reasonably estimated.

Who is responsible for EVENTIKO INC.'s management and employees?

EVENTIKO INC. currently has no employees other than its officer and director, and it does not have pension, health, or other benefit plans in place.

Risk Factors

Industry Context

EVENTIKO INC. aims to operate in the event management industry, focusing on fashion events, parties, exhibitions, festivals, and ceremonies. The initial target market is Thailand, with a planned revenue model of a 10-20% fee on total event prices. This sector is competitive and often requires significant upfront investment and strong local partnerships to succeed.

Regulatory Implications

As a pre-revenue company, EVENTIKO INC. faces scrutiny regarding its financial viability and operational plans. Compliance with local business regulations in Thailand for event organization will be critical. The company's reliance on related party financing may also attract attention from regulatory bodies concerning transparency and arm's-length transactions.

What Investors Should Do

  1. Monitor future funding rounds closely.
  2. Evaluate the execution of the business plan.
  3. Assess the sustainability of related party financing.
  4. Review any disclosures regarding future capital market investments.

Key Dates

Glossary

Accumulated deficit
The total net losses of a company that have not been offset by net income since its inception. (Indicates the company's historical unprofitability, which has grown to $(93,172) as of October 31, 2025.)
Related Party Loans
Loans made between entities that are controlled by the same party or have significant influence over each other. (Represents the sole source of funding for EVENTIKO INC., totaling $36,277 as of October 31, 2025.)
Going Concern
An assumption that a company will continue to operate for the foreseeable future without the threat of liquidation. (The company's financial condition raises substantial doubt about its ability to continue as a going concern.)
Working Capital
The difference between a company's current assets and current liabilities, indicating its short-term financial health. (EVENTIKO INC. has negative working capital of $(36,277), highlighting its inability to cover short-term obligations.)
General and administrative expenses
Costs incurred for the overall management and administration of a business, not directly tied to production or sales. (These expenses are the primary cost driver for EVENTIKO INC., totaling $4,294 for the three months ended October 31, 2025.)

Year-Over-Year Comparison

EVENTIKO INC. continues to report zero revenue, with net losses widening for the three-month period to $(4,294) from $(2,900) year-over-year, though the six-month loss has decreased to $(12,410) from $(15,594). General and administrative expenses increased for the three-month period but decreased for the six-month period. The accumulated deficit has grown to $(93,172), and negative working capital has worsened to $(36,277), primarily due to an increase in related party loans to $36,277.

Filing Stats: 4,390 words · 18 min read · ~15 pages · Grade level 14.5 · Accepted 2025-12-16 10:37:14

Key Financial Figures

Filing Documents

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 October 31, 2025 April 30, 2025 (Unaudited) (Audited) ASSETS Current Assets Cash and cash equivalents $ – $ – Total Current assets – – Fixed Assets – – Total Assets $ – $ – LIABILITIES & STOCKHOLDERS' EQUITY Liabilities Accounts Payable $ – $ – Accrued Expenses – – Related Party Loans 36,277 23,867 Total Current liabilities 36,277 23,867 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 56,476 56,476 Accumulated deficit ( 93,172 ) ( 80,762 ) Total Stockholders' Equity ( 36,277 ) ( 23,867 ) Total Liabilities and Stockholders' Equity $ – $ – The accompanying notes are an integral part of these financial statements. 3 EVENTIKO INC. (Unaudited) Three Months Ended October 31, 2025 Three Months Ended October 31, 2024 Six Months Ended October 31, 2025 Six Months Ended October 31, 2024 Revenue $ – $ – $ – $ – General and administrative expenses 4,294 2,900 12,410 15,594 Total operating expenses 4,294 2,900 12,410 15,594 Net income (loss) from operations ( 4,294 ) ( 2,900 ) ( 12,410 ) ( 15,594 ) Provisions from Income Taxes – – – – NET INCOME (LOSS) $ ( 4,294 ) $ ( 2,900 ) $ ( 12,410 ) $ ( 15,594 ) 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 OCTOBER 31, 2025 & 2024 Common Stock Additional Paid-in Deficit Total Stockholders' Shares Amount Capital Accumulated Equity Balance, April 30, 2024 (Audited)

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 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 October 31, 2025 & October 31, 2024 Revenue We have not generated any revenue since our inception. Operating Expenses Our operating expenses for the three months ended October 31, 2025, and three months ended October 31, 2024 are summarized as follows: Three Months Ended October 31, 2025 Three Months Ended October 31, 2024 Revenue $ – $ – General and administrative 4,294 2,900 Total Operating Expenses $ (4,294 ) $ (2,900 ) 11 We have incurred expenses of $2,900 for professional fees and incorporation fees. Liquidity and Financial Condition Working Capital At October 31, 2025 At April 30, 2025 Current assets $ – $ – Current liabilities (36,277 ) (23,867 ) Working capital $ (36,277 ) $ (23,867 ) Our total current assets as of October 31, 2025, and April 30, 2025, were $Nil. Our total current liabilities as of October 31, 2025 were $(36,277) as compared to total current liabilities $(23,867) of as of April 30,

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 October 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 October 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 six-months ended July 31, 2025, 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: December 16, 2025 By: /s / Yap Chin Liang Yap Chin Liang, President, Treasurer, Secretary and Director (Principal Executive, Financial and Accounting Officer) 15

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