GPO Plus, Inc. Q3 2025 10-Q: Assets $115K, Liabilities $57.5M
Ticker: GPOX · Form: 10-Q · Filed: Apr 3, 2025 · CIK: 1673475
| Field | Detail |
|---|---|
| Company | Gpo Plus, INC. (GPOX) |
| Form Type | 10-Q |
| Filed Date | Apr 3, 2025 |
| Risk Level | high |
| Sentiment | bearish |
Sentiment: bearish
Topics: financial-health, liabilities, subsequent-event
TL;DR
GPO Plus Q3 2025: Assets $115K vs Liabilities $57.5M. Big red flag.
AI Summary
GPO Plus, Inc. filed its 10-Q for the period ending January 31, 2025. The company reported total assets of $115,000 and total liabilities of $57,518,014. Significant events include a security purchase agreement executed in January 2025 and a subsequent event related to preferred stock in March 2025.
Why It Matters
This filing provides a snapshot of GPO Plus, Inc.'s financial health, highlighting a substantial liabilities to asset ratio which could indicate financial distress.
Risk Assessment
Risk Level: high — The company has significantly more liabilities ($57.5 million) than assets ($115,000), indicating a high risk of financial instability.
Key Numbers
- $115,000 — Total Assets (Represents the company's total resources as of January 31, 2025.)
- $57,518,014 — Total Liabilities (Represents the company's total obligations as of January 31, 2025.)
- 04-30 — Fiscal Year End (Indicates the company's annual reporting cycle.)
Key Players & Entities
- GPO Plus, Inc. (company) — Filer of the 10-Q
- 20250131 (date) — End of the reporting period
- $115,000 (dollar_amount) — Total assets
- $57,518,014 (dollar_amount) — Total liabilities
- January 2025 (date) — Date of a security purchase agreement
- March 2025 (date) — Date of a subsequent event related to preferred stock
FAQ
What is the nature of the security purchase agreement entered into in January 2025?
The filing indicates a security purchase agreement was executed in January 2025, but specific details are not provided in this excerpt.
What was the company's net income or loss for the period ending January 31, 2025?
The provided excerpt does not contain information on net income or loss for the period.
What is the company's cash and cash equivalents balance as of January 31, 2025?
The filing excerpt does not explicitly state the cash and cash equivalents balance.
What type of preferred stock was involved in the subsequent event in March 2025?
The subsequent event in March 2025 involved Series C Preferred Stock.
What is the company's debt-to-equity ratio based on the reported figures?
With total liabilities of $57,518,014 and total assets of $115,000, the company has a highly unfavorable debt-to-equity ratio, indicating significant leverage and risk.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 3, 2025 regarding GPO Plus, Inc. (GPOX).