LVPAI GROUP Ltd Files Q3 2025 10-Q

TL;DR

LVPAI GROUP Ltd 10-Q filed. Financials updated for Oct 31, 2024. Check retained earnings & preferred stock.

AI Summary

LVPAI GROUP Ltd filed a 10-Q for the period ending October 31, 2024. The company, formerly known as FINOTEC GROUP INC, ONLINE INTERNATIONAL CORP /NV/, and CONDOR WEST CORP, is incorporated in Nevada. Key financial figures and transactions related to preferred stock and retained earnings are noted, with a fiscal year end of January 31.

Why It Matters

This filing provides investors with an update on LVPAI GROUP Ltd's financial performance and position as of October 31, 2024, crucial for understanding the company's ongoing operations and potential investment value.

Risk Assessment

Risk Level: medium — The filing contains limited financial detail and operational information, making a comprehensive risk assessment difficult without further context.

Key Numbers

• $8.0M — Financial Figure (Appears multiple times, likely related to financial reporting for the period.)
• $100.1M — Financial Figure (Appears multiple times, likely related to financial reporting for the period.)
• $19.5M — Financial Figure (Appears multiple times, likely related to financial reporting for the period.)

Key Players & Entities

• LVPAI GROUP Ltd (company) — Filer of the 10-Q
• October 31, 2024 (date) — Period of report for the 10-Q
• FINOTEC GROUP INC (company) — Former company name
• ONLINE INTERNATIONAL CORP /NV/ (company) — Former company name
• CONDOR WEST CORP (company) — Former company name
• January 31 (date) — Fiscal year end
• MrChenYanghangMember (person) — Member associated with financial data
• MrYangFuzhuMember (person) — Member associated with financial data
• us-gaap:SeriesAPreferredStockMember (financial_metric) — Preferred stock type
• us-gaap:RetainedEarningsMember (financial_metric) — Retained earnings

FAQ

Key Financial Figures

• $0.001 — ng at November 26, 2024 Common Stock, $0.001 par value 100,103,103 TABLE OF CONTE
• $0 — 2023, we realized revenue in amount of $0 and $0, respectively. For the nine mont
• $8,760 — d 2023, respectively. Our net loss was $8,760 and $11,150 for the three months ended
• $11,150 — pectively. Our net loss was $8,760 and $11,150 for the three months ended October 31,
• $27,080 — nd 2023, respectively. Our net loss was $27,080 and $33,565 for the nine months periods
• $33,565 — pectively. Our net loss was $27,080 and $33,565 for the nine months periods ended Octob
• $26,280 — have a negative operating cash flows of $26,280 and our working capital has been and wi
• $33,885 — et cash used in operating activities of $33,885 for the nine months periods ended Octob

Filing Documents

• lvpa_10q.htm (10-Q) — 341KB
• lvpa_ex311.htm (EX-31.1) — 9KB
• lvpa_ex312.htm (EX-31.2) — 9KB
• lvpa_ex321.htm (EX-32.1) — 4KB
• lvpa_ex322.htm (EX-32.2) — 4KB
• 0001477932-24-007735.txt ( ) — 1537KB
• lvpa-20241031.xsd (EX-101.SCH) — 15KB
• lvpa-20241031_lab.xml (EX-101.LAB) — 94KB
• lvpa-20241031_cal.xml (EX-101.CAL) — 19KB
• lvpa-20241031_pre.xml (EX-101.PRE) — 73KB
• lvpa-20241031_def.xml (EX-101.DEF) — 21KB
• lvpa_10q_htm.xml (XML) — 143KB

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS: 3 Condensed Balance Sheets as of October 31, 2024 (unaudited) and January 31, 2024 3 Condensed Statements of Operations and Comprehensive Loss for the Three and Nine Months Ended October 31, 2024 and 2023 (unaudited) 4 Condensed Statement of Changes in Stockholders' Deficit for the Three and Nine Months Ended October 31, 2024 and 2023 (unaudited) 5 Condensed Statements of Cash Flows for the Nine Months Ended October 31, 2024 and 2023 (unaudited) 6 Notes to the Condensed 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 12 ITEM 3. QUANTITATIVE AND QUALITATIVED IS CLOSURES ABOUT MARKET RISK 14 ITEM 4.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 14 PART II OTHER INFORMATION 15 ITEM 1

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS 15 ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 15 ITEM 3 DEFAULTS UPON SENIOR SECURITIES 15 ITEM 4 MINE SAFETY DISCLOSURES 15 ITEM 5 OTHER INFORMATION 15 ITEM 6 EXHIBITS 16

SIGNATURES

SIGNATURES 17 2 Table of Contents

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial statements

Item 1. Financial statements LVPAI GROUP LIMITED CONDENSED BALANCE SHEETS AS OF OCTOBER 31, 2024 AND JANUARY 31, 2024 (Expressed in United States Dollars ("US

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The information contained in this quarter report on Form 10-Q is intended to update the information contained in our Annual Report on Form 10-K for the year ended January 31, 2024 and presumes that readers have access to, and will have read, the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and other information contained in such Form 10-K. The following discussion and analysis also should be read together with our financial statements and the notes to the financial statements included elsewhere in this Form 10-Q. The following discussion contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements appear in a number of places in this Report, including, without limitation, "Management's Discussion and Analysis of Financial Condition and Results of Operations." These statements are not guarantees of future performance and involve risks, uncertainties and requirements that are difficult to predict or are beyond our control. Forward-looking statements speak only as of the date of this quarterly report. You should not put undue reliance on any forward-looking statements. We strongly encourage investors to carefully read the factors described in our Form S-1 Amendment No.5, dated May 3, 2019 in the section entitled "Risk Factors" for a description of certain risks that could, among other things, cause actual results to differ from these forward-looking statements. We assume no responsibility to update the forward-looking statements contained in this transition report on Form10-Q. The following should also be read in conjunction with the unaudited Condensed Financial Statements and notes thereto that appear elsewhere in this report. Results of Operation For the three and nine months ended October 31, 2024 For the three mont

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