KEEMO Fashion Group Ltd Files 10-Q for Q3 2024
Ticker: KMFG · Form: 10-Q · Filed: Jun 11, 2024 · CIK: 1935033
Sentiment: neutral
Topics: 10-Q, fashion, apparel, financials
TL;DR
KEEMO Fashion Group filed their Q3 10-Q. Financials for period ending 4/30/24 are in.
AI Summary
KEEMO Fashion Group Ltd filed a 10-Q for the period ending April 30, 2024. The company, incorporated in Nevada and based in Guangdong, China, operates in the wholesale apparel sector. This filing covers their third fiscal quarter, with their fiscal year ending on July 31st.
Why It Matters
This filing provides investors with an update on KEEMO Fashion Group's financial performance and position as of April 30, 2024, crucial for understanding the company's ongoing operations and potential.
Risk Assessment
Risk Level: medium — The risk level is medium due to the nature of a 10-Q filing which provides a snapshot of financial health, but without specific performance metrics or forward-looking statements, a definitive risk assessment is limited.
Key Numbers
- 0731 — Fiscal Year End (Indicates when the company's financial year concludes.)
- 2024-04-30 — Reporting Period End Date (Marks the end of the financial quarter covered by the report.)
Key Players & Entities
- KEEMO Fashion Group Ltd (company) — Filer of the 10-Q
- 2024-04-30 (date) — End of the reporting period
- 2024-06-11 (date) — Filing date
- Nevada (location) — State of incorporation
- Guangdong (location) — Business address city
FAQ
What is the primary business of KEEMO Fashion Group Ltd?
KEEMO Fashion Group Ltd is primarily involved in the wholesale of apparel, piece goods, and notions, as indicated by its SIC code 5130.
In which state is KEEMO Fashion Group Ltd incorporated?
KEEMO Fashion Group Ltd is incorporated in Nevada (NV).
What is the address of KEEMO Fashion Group Ltd?
The business and mailing address for KEEMO Fashion Group Ltd is 69 WANKE BOYU, XILI LUXIN 1ST RD, NANSHAN DISTRICT, GUANGDONG, F4 518052.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending on April 30, 2024, which corresponds to the third fiscal quarter.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted to the SEC on June 11, 2024.
Filing Stats: 4,772 words · 19 min read · ~16 pages · Grade level 17.6 · Accepted 2024-06-11 06:07:15
Key Financial Figures
- $0.001 — anding on June 11, 2024 Common Stock, $0.001 par value 5,500,000 TABLE OF CONTEN
Filing Documents
- form10-q.htm (10-Q) — 549KB
- ex31-1.htm (EX-31.1) — 17KB
- ex32-1.htm (EX-32.1) — 10KB
- 0001493152-24-023399.txt ( ) — 2986KB
- kfgl-20240430.xsd (EX-101.SCH) — 22KB
- kfgl-20240430_cal.xml (EX-101.CAL) — 33KB
- kfgl-20240430_def.xml (EX-101.DEF) — 55KB
- kfgl-20240430_lab.xml (EX-101.LAB) — 147KB
- kfgl-20240430_pre.xml (EX-101.PRE) — 129KB
- form10-q_htm.xml (XML) — 490KB
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 3-5 ITEM 3.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 5 ITEM 4.
CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES 5 PART II OTHER INFORMATION ITEM 1
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS 7 ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 7 ITEM 3 DEFAULTS UPON SENIOR SECURITIES 7 ITEM 4 MINE SAFETY DISCLOSURES 7 ITEM 5 OTHER INFORMATION 7 ITEM 6 EXHIBITS 7
SIGNATURES
SIGNATURES 8 -2- PART I — FINANCIAL INFORMATION ITEM 1. CONDENSED FINANCIAL STATEMENTS KEEMO FASHION GROUP LIMITED CONDENSED BALANCE SHEETS AS OF APRIL 30, 2024 (UNAUDITED) AND JULY 31, 2023 (AUDITED) (CURRENCY EXPRESSED IN UNITED STATES DOLLARS ("US$"), EXCEPT FOR NUMBER OF SHARES) As of April 30, 2024 As of July 31, 2023 (Unaudited) (Audited) ASSETS CURRENT ASSETS Cash and cash equivalents $ 25,378 $ 28,743 Accounts receivable - 6,954 Inventories 4,994 3,405 Prepayment 562 3,933 TOTAL CURRENT ASSETS 30,934 43,035 TOTAL ASSETS $ 30,934 $ 43,035 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Amount due to a director 66,903 40,405 Other accruals 3,200 9,300 TOTAL CURRENT LIABILITIES 70,103 49,705 TOTAL LIABILITIES $ 70,103 $ 49,705 SHAREHOLDERS' EQUITY Common stock – Par value $ 0.001 ; Authorized: 75,000,000 shares; Issued and outstanding: 5,500,000 as of April 30, 2024 and July 31, 2023 $ 5,500 $ 5,500 Additional paid in capital 26,600 26,600 Accumulated deficit ( 71,269 ) ( 38,770 ) TOTAL SHAREHOLDERS' EQUITY $ ( 39,169 ) $ ( 6,670 ) TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 30,934 $ 43,035 The accompanying notes are an integral part of these financial statements. F-1 KEEMO FASHION GROUP LIMITED CONDENSED FOR THE THREE AND NINE MONTHS ENDED APRIL 30, 2024 AND 2023 (UNDAUDITED) (CURRENCY EXPRESSED IN UNITED STATES DOLLARS ("US$"), EXCEPT FOR NUMBER OF SHARES) 2024 2023 2024 2023 Three months ended April 30, Nine months ended April 30, 2024 2023 2024 2023 REVENUE $ 4,942 $ 4,992 $ 16,558 $ 9,992 COST OF REVENUE ( 2,532 ) ( 2,621 ) ( 8,461 ) ( 4,913 ) GROSS PROFIT 2,410 2,371 8,097 5,079 GENERAL AND ADMINSTRATIVE EXPENSES ( 6,882 ) ( 5,177 ) ( 40,596 ) ( 19,638 ) LOSS FROM OPERATION BEFORE INCOME TAX ( 4,472 ) ( 2,806 ) ( 32,499 ) ( 14,559 ) OTHER IN