OZ Vision Revenue Plummets 77%; Bets on MMA Amid Cash Crunch

TL;DR

**OZVN is a cash-strapped micro-cap making a desperate pivot to MMA, and investors should steer clear until there's proof of concept and funding.**

AI Summary

OZ VISION INC. (OZVN) reported a significant decline in revenue for the fiscal year ended June 30, 2025, dropping to $54,232 from $240,717 in 2024, representing a 77.5% decrease. The company experienced a gross loss of $460 and a net loss of $65,601 for the year ended June 30, 2025. OZVN's primary business remains transportation and logistics, heavily reliant on less than five customers, raising concerns about revenue stability. A key strategic shift occurred on September 21, 2023, with the acquisition of Fighting Leagues LV assets, including a Nevada State Athletic Commission Professional Promoter license and perpetual worldwide broadcast rights for 40 combat sports shows. However, as of the filing date, OZVN has not commenced operations utilizing these combat sports assets. The company changed its name from "United Express Inc." to "OZ Vision Inc." effective for trading on September 23, 2025. With only $52 in cash as of June 30, 2025, and annual public reporting costs estimated between $40,000 and $70,000, OZVN faces substantial financial challenges and an urgent need for additional financing to sustain operations and pursue its new combat sports venture.

Why It Matters

OZ Vision's dramatic revenue decline and minimal cash reserves signal severe operational distress, making its pivot to combat sports a high-stakes gamble for investors. The company's reliance on a few transportation clients and its lack of operational history in MMA create significant uncertainty, especially against well-established logistics and sports entertainment competitors. For employees (contractors), the instability could mean reduced opportunities, while customers might face service disruptions if the company cannot secure funding. The broader market will watch if this micro-cap can successfully transition into a new, competitive industry or if it will succumb to its financial pressures.

Risk Assessment

Risk Level: high — OZVN reported only $52 in cash as of June 30, 2025, while annual public reporting costs are $40,000-$70,000, indicating an immediate and severe liquidity crisis. The company also experienced a 77.5% revenue decline from $240,717 in 2024 to $54,232 in 2025, coupled with a net loss of $65,601, demonstrating an unsustainable financial trajectory.

Analyst Insight

Investors should avoid OZVN due to its critical cash shortage ($52 as of June 30, 2025) and significant revenue decline. The speculative pivot to MMA, without any operational history or secured financing, presents an extremely high-risk profile with little to no immediate upside.

Financial Highlights

debt To Equity

N/A

revenue

$54,232

operating Margin

N/A

total Assets

N/A

total Debt

N/A

net Income

-$65,601

eps

N/A

gross Margin

N/A

cash Position

$52

revenue Growth

-77.5%

Revenue Breakdown

Key Numbers

• $54,232 — Revenue for fiscal year 2025 (Represents a 77.5% decrease from $240,717 in 2024)
• $240,717 — Revenue for fiscal year 2024 (Baseline for significant revenue decline in 2025)
• $460 — Gross loss for fiscal year 2025 (Indicates cost of goods sold exceeded revenue)
• $65,601 — Net loss for fiscal year 2025 (Reflects overall unprofitability)
• $52 — Cash on hand as of June 30, 2025 (Highlights severe liquidity issues)
• $40,000-$70,000 — Estimated annual public reporting costs (Significantly exceeds current cash reserves)
• 29,372,951 — Shares of common stock outstanding as of June 30, 2025 (Total shares in circulation)
• $12,168,870 — Aggregate market value of non-affiliate common equity (Based on $1.47 share price and 8,278,143 shares)

Key Players & Entities

• OZ Vision Inc. (company) — Registrant and reporting entity
• Jebour Two Limited (company) — Seller of Fighting Leagues LV assets
• Fighting Leagues LV (company) — Subsidiary whose assets were acquired by OZ Vision Inc.
• Nevada State Athletic Commission (regulator) — Issued Professional Promoter license
• FINRA (regulator) — Approved name change for trading purposes
• United Express Inc. (company) — Former name of OZ Vision Inc.
• SEC (regulator) — Securities and Exchange Commission
• OTC Markets (company) — Where common stock is listed

FAQ

Risk Factors

• Severe Liquidity Constraints [high — financial]: As of June 30, 2025, the company had only $52 in cash. Annual public reporting costs are estimated between $40,000 and $70,000, far exceeding current cash reserves, indicating an urgent need for financing to sustain operations.
• Dependence on Few Customers [high — operational]: The company's primary business in transportation and logistics is heavily reliant on less than five customers. This concentration poses a significant risk to revenue stability and predictability.
• Unprofitability and Gross Loss [high — financial]: For the fiscal year ended June 30, 2025, OZVN reported a gross loss of $460 and a net loss of $65,601. This indicates that operating costs exceeded revenue, highlighting a fundamental challenge in generating profit.
• Unrealized Combat Sports Venture [medium — operational]: OZVN acquired assets for a combat sports venture, including a promoter's license and broadcast rights, on September 21, 2023. However, as of the filing date, no operations have commenced using these assets, creating uncertainty about future revenue streams.
• Transportation Industry Regulation [medium — regulatory]: The company is subject to federal, state, and local regulations applicable to its transportation business. Non-compliance or changes in regulations could adversely affect operations.
• New Venture Market Uncertainty [medium — market]: While mixed martial arts is a growing sport, there are no assurances that the company's exploration of promoting, producing, or sponsoring live fights will result in a successful business line. Diversion of attention from existing operations is also a risk.

Industry Context

OZVN operates in two distinct sectors: transportation and logistics, and the emerging combat sports promotion industry. The logistics sector is highly competitive and often characterized by thin margins and reliance on established networks. The combat sports market, while growing, is dynamic and requires significant investment in talent, promotion, and broadcast rights to gain traction.

Regulatory Implications

The transportation business is subject to standard federal, state, and local regulations. The acquisition of a Nevada Promoter's License brings specific regulatory oversight from the Nevada State Athletic Commission for any combat sports events conducted there. Compliance with these varied regulations is crucial for continued operation.

What Investors Should Do

1. Monitor financing activities closely.
2. Evaluate progress on the combat sports venture.
3. Assess customer concentration risk.

Key Dates

• 2023-09-21: Acquisition of Fighting Leagues LV assets — Marked a strategic shift into combat sports promotion, acquiring a promoter's license and broadcast rights, though operations have not yet commenced.
• 2025-06-30: End of Fiscal Year 2025 — Reporting period showing a significant revenue decline and a net loss, with critically low cash reserves.
• 2025-09-23: Effective date for name change to OZ Vision Inc. — Reflects a rebranding effort, potentially tied to the new strategic direction, though operational progress remains to be seen.

Glossary

Gross Loss

Occurs when the cost of goods sold (COGS) is greater than the revenue generated. (Indicates that OZVN's core operations are not covering their direct costs, as evidenced by the $460 loss for FY2025.)

Net Loss

The total expenses of a company exceed its total revenues over a specific period. (Shows the overall unprofitability of OZVN for FY2025, with a loss of $65,601.)

Nevada State Athletic Commission Professional Promoter License

A license required by the state of Nevada to legally promote professional combat sports events within the state. (This is a key asset acquired by OZVN for its new combat sports venture, enabling potential future operations in Nevada.)

OTCID marketplace

An over-the-counter trading venue for securities, often less regulated and with lower trading volumes than major exchanges. (OZVN's common stock is traded here, suggesting a smaller company with potentially less liquidity and investor scrutiny.)

Year-Over-Year Comparison

Fiscal year 2025 saw a dramatic 77.5% decline in revenue compared to fiscal year 2024, falling from $240,717 to $54,232. This revenue drop occurred alongside a shift into a gross loss of $460 and a net loss of $65,601, indicating a significant deterioration in financial performance. While the company acquired assets for a new combat sports venture, this initiative has not yet generated revenue, and the core logistics business faces severe liquidity challenges with only $52 in cash.

Key Financial Figures

• $0.001 — g) of the Exchange Act: Common Stock, $0.001 par value Indicate by check mark if t
• $12,168,870 b — gistrant as of the day of this form was $12,168,870 based upon the price ($1.47) multiplied b
• $1.47 — m was $12,168,870 based upon the price ($1.47) multiplied by the 8,278,143 number of
• $54,232 — 5, and 2024, the Company had revenue of $54,232 and $240,717, respectively. Revenue to
• $240,717 — the Company had revenue of $54,232 and $240,717, respectively. Revenue to date has been
• $54,692 — of $54,232. Cost of goods sold totaled $54,692 for a gross loss of $460 for the year e
• $460 — old totaled $54,692 for a gross loss of $460 for the year ended June 30, 2025. Our o
• $65,141 — e 30, 2025. Our operating expenses were $65,141 resulting in a net loss of $65,601 for
• $65,601 — were $65,141 resulting in a net loss of $65,601 for the year ended June 30, 2025. To be
• $40,000 — porting company may incur costs between $40,000 - $70,000 annually. As of June 30, 2025
• $70,000 — mpany may incur costs between $40,000 - $70,000 annually. As of June 30, 2025, we only
• $52 — ually. As of June 30, 2025, we only had $52 in cash. If we fail to generate suffici

Filing Documents

• form10-k.htm (10-K) — 440KB
• ex31-1.htm (EX-31.1) — 13KB
• ex32-1.htm (EX-32.1) — 5KB
• 0001493152-25-018188.txt ( ) — 459KB

Business

Business 3 Item 1A

Risk Factors

Risk Factors 5 Item 1B,C Unresolved Staff Comments and Cybersecurity 11 Item 2

Properties

Properties 11 Item 3

Legal Proceedings

Legal Proceedings 11 PART II Item 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 12 Item 7 Management’s Discussion and Analysis of Financial Condition and Results of Operation 12 Item 8

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 14 Item 9 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 15 Item 9A

Controls and Procedures

Controls and Procedures 15 Item 9B Other Information 15 PART III Item 10 Directors, Executive Officers and Corporate Governance 16 Item 11

Executive Compensation

Executive Compensation 17 Item 12

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 18 Item 13 Certain Relationships and Related Transactions, and Director Independence 19 Item 14 Principal Accountant Fees and Services 19 PART IV Item 15 Exhibits and Financial Statement Schedules 20

Signatures

Signatures 21 2 PART I Forward-Looking Information included in this Quarterly Report on Form 10-K (this “Report”) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”) and the Private Securities Litigation Reform Act of 1995. This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of OZ Vision Inc. (the “Company”), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words “may,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. You should read the matters described and incorporated by reference in “Risk Factors” and the other cautionary statements made in this Report, and incorporated by reference herein, as being applicable to

forward-looking statements

forward-looking statements. Item 1. Business OZ Vision Inc. (the “Company”) currently operates as transportation and logistics company with the ability to deliver merchandise and other items throughout the United States. The Company has had limited operations since its founding. On September 21, 2023, the Company acquired certain assets of Jebour Two Limited held by its subsidiary Fighting Leagues LV (“Fighting Leagues”). The acquired assets will allow the Company, should it determine to do so, to promote combat sports events and selling related media rights internationally. The assets acquired include the Nevada State Athletic Commission Professional Promoter license. The Professional Promoter license is unique, as it allows the Company in the state of Nevada to produce live Kickboxing, Boxing, and MMA shows. Additionally, the transaction included Producers Lifetime rights for the 40 shows previously held by Fighting Leagues. These rights are worldwide and perpetual, encompassing broadcast TV and production rights. Furthermore, the acquisition of the assets of Fighting Leagues also included production and stage equipment. These assets allow the Company to have the necessary equipment for producing shows at any given time. As of the date of this Report, we have not commenced any business operations that utilize the Fighting Leagues assets. On May 5, 2024, the Company amended its Articles of Incorporation with the Nevada Secretary of State to change its name from “United Express Inc.” to “OZ Vision Inc.” The name change became effective for trading purposes on September 23, 2025, upon approval by FINRA’s Corporate Actions office. During the transition period from May 5, 2024 to September 23, 2025, the Company conducted business under both names. 3 Revenues During the years ended June 30, 2025, and 2024, the Company had revenue of $54,232 and $240,717, respectively. Revenue to date has been dependent up

Business

Business Strategy We provide management service for long and short distance logistics for clients in the Company’s target market areas. Additionally, the Company has begun to explore strategic opportunities to promote, produce, and sponsor, live mixed martial arts fights. The Company owns a Nevada Promoters License which allows the Company the ability to produce live mixed martial arts events in Nevada. Mixed martial arts is one of the fastest growing sports in the United States. Live events can generate revenue through sponsorships, ticket sales, broadcast rights, and other ancillary activities. Though the Company is exploring this strategic opportunity, there can no assurances that the Company will further pursue these opportunities or that, if pursued, any of these strategic opportunities will result in a successful line of business for the Company. There is also the risk that as the Company evaluates these strategic opportunities that time and attention will be diverted from the transportation and logistics operations. Employees The company has no employees. All services to our customers are provided by third party consultants or contractors. Research and Development The Company did not perform any research and development during fiscal years 2025 and 2024. Fees In dispatch and logistics, we charge depending on working time and distance. In the selling process, we based on reasonable margin between wholesale price and retail price. For the period from July 1, 2024, to June 30, 2025, we generated revenues from our customers based on the above principle. Governmental Regulation We are subject to federal, state, local regulations and other regulations applicable to our transportation business. Available Information Currently our common stock is listed on OTCID marketplace. We file annual reports, quarterly reports, and other information with the Securities and Exchange Commission (the “SEC”) under the Securities Exchange Ac

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