KEEMO Fashion Group Ltd Files Q1 10-Q

TL;DR

KEEMO Fashion Group Ltd filed their Q1 10-Q. Check financials.

AI Summary

KEEMO Fashion Group Ltd filed its 10-Q for the period ending October 31, 2024. The filing covers the first quarter of their fiscal year, which began on August 1, 2024. The company is incorporated in Nevada and its fiscal year ends on July 31.

Why It Matters

This 10-Q filing provides investors with an update on KEEMO Fashion Group Ltd's financial performance and position for the first quarter of their fiscal year.

Risk Assessment

Risk Level: low — This filing is a standard quarterly report and does not contain immediate red flags.

Key Players & Entities

• KEEMO Fashion Group Ltd (company) — Filer of the 10-Q
• 2024-10-31 (date) — End of reporting period
• 2024-08-01 (date) — Start of reporting period
• NV (state) — State of incorporation
• 0731 (date) — Fiscal year end

FAQ

Filing Documents

• form10-q.htm (10-Q) — 447KB
• ex31-1.htm (EX-31.1) — 16KB
• ex32-1.htm (EX-32.1) — 10KB
• 0001493152-24-048817.txt ( ) — 2787KB
• kmfg-20241031.xsd (EX-101.SCH) — 24KB
• kmfg-20241031_cal.xml (EX-101.CAL) — 35KB
• kmfg-20241031_def.xml (EX-101.DEF) — 60KB
• kmfg-20241031_lab.xml (EX-101.LAB) — 154KB
• kmfg-20241031_pre.xml (EX-101.PRE) — 136KB
• form10-q_htm.xml (XML) — 388KB

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 OCTOBER 31, 2024 (UNAUDITED) AND JULY 31, 2024 (AUDITED) (CURRENCY EXPRESSED IN UNITED STATES DOLLARS ("US$"), EXCEPT FOR NUMBER OF SHARES) As of October 31, 2024 As of July 31, 2024 (Unaudited) (Audited) ASSETS CURRENT ASSETS Cash and cash equivalents $ 18,141 $ 19,421 Inventories 5,170 2,527 Prepayment 3,059 6,526 TOTAL CURRENT ASSETS 26,370 28,474 TOTAL ASSETS $ 26,370 $ 28,474 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Amount due to a director 80,516 69,919 Other accruals 3,200 7,500 TOTAL CURRENT LIABILITIES 83,716 77,419 TOTAL LIABILITIES $ 83,716 $ 77,419 SHAREHOLDERS' EQUITY Common stock – Par value $ 0.001 ; Authorized: 75,000,000 shares; Issued and outstanding: 55,000,000 as of October 31, 2024 and July 31, 2024 $ 5,500 $ 5,500 Additional paid in capital 26,600 26,600 Accumulated deficit ( 89,446 ) ( 81,045 ) TOTAL SHAREHOLDERS' EQUITY $ ( 57,346 ) $ ( 48,945 ) TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 26,370 $ 28,474 The accompanying notes are an integral part of these financial statements. F-1 KEEMO FASHION GROUP LIMITED CONDENSED FOR THE THREE MONTHS ENDED OCTOBER 31, 2024 AND 2023 (UNAUDITED) (CURRENCY EXPRESSED IN UNITED STATES DOLLARS ("US$"), EXCEPT FOR NUMBER OF SHARES) 2024 2023 Three months ended October 31 2024 2023 REVENUE 4,946 $ 6,516 COST OF REVENUE ( 2,438 ) ( 3,405 ) GROSS PROFIT 2,508 $ 3,111 GENERAL AND ADMINISTRATIVE EXPENSES ( 10,909 ) ( 28,978 ) LOSS FROM OPERATION BEFORE INCOME TAX ( 8,401 ) ( 25,867 ) OTHER INCOME - - LOSS BEFORE INCOME TAX ( 8,401 ) ( 25,867 ) INCOME TAX EXPENSES - - NET LOSS ( 8,401 ) $ ( 25,867 ) OTHER COMPREHENSIVE INCOME - - TOTAL COMPREHENSIVE LOSS

View Full Filing

View this 10-Q filing on SEC EDGAR