StarGuide Group, Inc. 10-Q Filing
Ticker: STRG · Form: 10-Q · Filed: Dec 11, 2024 · CIK: 1803096
| Field | Detail |
|---|---|
| Company | Starguide Group, Inc. (STRG) |
| Form Type | 10-Q |
| Filed Date | Dec 11, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, assets, liabilities
TL;DR
STARGUIDE GROUP INC. 10-Q: $75M assets, $2.8M liabilities as of Oct 31, 2024. Fiscal year ends Jan 31.
AI Summary
StarGuide Group, Inc. filed its 10-Q for the period ending October 31, 2024. The company reported total assets of $75,000,000 and total liabilities of $2,868,000 for the nine months ended October 31, 2024. Net sales for the same period were not explicitly stated but the company's fiscal year ends January 31.
Why It Matters
This filing provides a snapshot of StarGuide Group's financial health and operational status as of Q3 2025, which is crucial for investors to assess the company's performance and future prospects.
Risk Assessment
Risk Level: medium — The filing provides limited detailed financial performance metrics, making a comprehensive risk assessment challenging without further context.
Key Numbers
- $75.0B — Total Assets (As of October 31, 2024)
- $2.87B — Total Liabilities (As of October 31, 2024)
- 01/31 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- STARGUIDE GROUP, INC. (company) — Filer
- 0001803096 (company) — Central Index Key
- NV (location) — State of Incorporation
- 75000000 (dollar_amount) — Total Assets
- 2868000 (dollar_amount) — Total Liabilities
- 2024-10-31 (date) — Period of Report
- 2024-12-11 (date) — Filing Date
FAQ
What were StarGuide Group, Inc.'s net sales for the nine months ended October 31, 2024?
The provided text does not explicitly state the net sales for the nine months ended October 31, 2024.
What is the company's reported net income or loss for the period?
The filing excerpt does not contain information on net income or loss.
What are the specific business segments or operations of StarGuide Group, Inc.?
The filing identifies the Standard Industrial Classification as 'WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190]' and lists an organization name '07 Trade & Services', but does not detail specific business segments.
What is the company's cash position as of October 31, 2024?
Information regarding the company's cash position is not present in this excerpt.
Are there any significant changes in liabilities compared to previous periods?
This excerpt does not provide comparative data for liabilities from previous periods.
Filing Stats: 4,724 words · 19 min read · ~16 pages · Grade level 16.6 · Accepted 2024-12-11 07:17:02
Filing Documents
- star_10q.htm (10-Q) — 688KB
- star_ex311.htm (EX-31.1) — 12KB
- star_ex321.htm (EX-32.1) — 5KB
- 0001640334-24-001863.txt ( ) — 2872KB
- star-20241031.xsd (EX-101.SCH) — 25KB
- star-20241031_lab.xml (EX-101.LAB) — 157KB
- star-20241031_cal.xml (EX-101.CAL) — 33KB
- star-20241031_pre.xml (EX-101.PRE) — 125KB
- star-20241031_def.xml (EX-101.DEF) — 47KB
- star_10q_htm.xml (XML) — 408KB
Financial Statements (Unaudited)
Financial Statements (Unaudited) 3 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 15 ITEM 3
Quantitative And Qualitative Disclosures About Market Risk
Quantitative And Qualitative Disclosures About Market Risk 18 ITEM 4
Controls And Procedures
Controls And Procedures 18 PART II OTHER INFORMATION ITEM 1
Legal Proceedings
Legal Proceedings 19 ITEM 2 Unregistered Sales Of Equity Securities And Use Of Proceeds 19 ITEM 3 Defaults Upon Senior Securities 19 ITEM 4 Mine Safety Disclosures 19 ITEM 5 Other Information 19 ITEM 6 Exhibits 20
Signatures
Signatures 21 2 Table of Contents
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements STARGUIDE GROUP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS AS OF OCTOBER 31, 2024 AND JANUARY 31, 2024 (Unaudited) October 31, January 31, 2024 2024 Assets Current assets: Cash $ 95 $ 41 Accounts receivable - 120 Total current assets 95 161 Plant and equipment, net 1,670 2,085 Total Assets $ 1,765 $ 2,246 Liabilities and Stockholders' Equity Current liabilities: Accounts payable and accrued liabilities $ 8,351 $ 21,922 Accrued interest 5,300 1,379 Due to related parties 201,645 180,419 Convertible notes 94,937 48,861 Total Liabilities 310,233 252,581 Stockholders' Deficit: Common stock, $ 0.001 par value, 75,000,000 shares authorized; 2,868,000 shares issued and outstanding 2,868 2,868 Additional paid-in capital 35,839 35,839 Accumulated deficit ( 312,229 ) ( 259,592 ) Accumulated other comprehensive loss ( 3,610 ) ( 2,446 ) Total deficit attributed to Starguide Group, Inc. ( 277,132 ) ( 223,331 ) Deficit attributed to non-controlling interest ( 31,336 ) ( 27,004 ) Total Stockholders' Deficit ( 308,468 ) ( 250,335 ) Total Liabilities and Stockholders' Deficit $ 1,765 $ 2,246 The accompanying notes are an integral part of these condensed consolidated financial statements. 3 Table of Contents STARGUIDE GROUP, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE NINE MONTHS ENDED OCTOBER 31, 2024 AND 2023 (Unaudited) Three Months Ended Nine Months Ended October 31, October 31, 2024 2023 2024 2023 Revenue $ 1,961 $ 375 $ 2,111 $ 3,560 Cost of Sales 1,861 - 1,904 - Gross Profit 100 375 207 3,560 Operating expenses General and administrative expenses 9,374 14,730 35,366 68,717 Management salaries - related party 6,000 12,000 18,000 13,152 Total operating expenses 15,374 26,730 53,366 81,869 Loss from operations ( 15,274 ) ( 26,355 ) (