Welsis Corp. (WLSS) — SEC Filings
Welsis Corp. (WLSS) — 10 SEC filings. Latest: 10-Q (Aug 12, 2025). Includes 6 10-Q, 3 8-K, 1 10-K.
View Welsis Corp. on SEC EDGAR
Overview
Welsis Corp. (WLSS) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Aug 12, 2025: Welsis Corp. (WLSS) reported a net loss of $41,682 for the nine months ended June 30, 2025, a significant decline from a net income of $9,359 in the prior-year period. Revenue for the nine months ended June 30, 2025, was $0, down from $2,000 in the same period of 2024, indicating a complete cessatio
Sentiment Summary
Across 10 filings, the sentiment breakdown is: 1 bearish, 9 neutral. The dominant filing sentiment for Welsis Corp. is neutral.
Filing Type Overview
Welsis Corp. (WLSS) has filed 6 10-Q, 1 10-K, 3 8-K with the SEC between Jan 2024 to Aug 2025.
Filings by Year
Recent SEC Filings (10)
| Date | Form | Description | Risk |
|---|---|---|---|
| Aug 12, 2025 | 10-Q | Welsis Corp. Swings to Loss Amid Business Pivot, Going Concern Doubts | high |
| May 9, 2025 | 10-Q | Welsis Corp. Files Q2 2025 10-Q with Financial Updates | low |
| Feb 6, 2025 | 10-Q | Welsis Corp. Files Q1 2025 10-Q | low |
| Jan 14, 2025 | 10-K | Welsis Corp. Files 2024 Annual Report | medium |
| Sep 23, 2024 | 8-K | Welsis Corp. Files 8-K | low |
| Aug 9, 2024 | 10-Q | Welsis Corp. 10-Q: $2.75M Net Income, $75M Authorized Shares | medium |
| Jun 7, 2024 | 8-K | Welsis Corp. Changes Independent Accountants | medium |
| May 6, 2024 | 10-Q | Welsis Corp. Files 10-Q for Period Ended March 31, 2024 | low |
| Apr 3, 2024 | 8-K | Welsis Corp. Reports Change in Control and Executive Departures | medium |
| Jan 29, 2024 | 10-Q | Welsis Corp. Files 10-Q for Period Ended December 31, 2023 | low |
Risk Profile
Risk Assessment: Of WLSS's 10 recent filings, 1 were flagged as high-risk, 4 as medium-risk, and 5 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $0 |
| Net Income | $(41,682) |
| EPS | $(0.02) |
| Debt-to-Equity | N/A |
| Cash Position | $2,169 |
| Operating Margin | N/A |
| Total Assets | $2,169 |
| Total Debt | $133,492 |
Key Executives
- Dusan Zindovic
- Kwok Boon Kit
Industry Context
Welsis Corp. has pivoted into the cryptocurrency exchange industry, a sector characterized by rapid innovation, high volatility, and evolving regulatory scrutiny. The competitive landscape includes established global players and numerous emerging platforms, demanding significant technological investment and robust security measures. Industry trends include increasing institutional adoption, the development of decentralized finance (DeFi) applications, and a growing focus on regulatory compliance.
Top Tags
10-Q (5) · financials (3) · quarterly-report (2) · Welsis Corp. (2) · SEC Filing (2) · Cryptocurrency (1) · Going Concern (1) · Development Stage Company (1) · Negative Revenue (1) · Accumulated Deficit (1)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Revenue | $0 | for the nine months ended June 30, 2025, down from $2,000 in 2024, indicating cessation of prior services. |
| Net Loss | $(41,682) | for the nine months ended June 30, 2025, a swing from $9,359 net income in 2024. |
| Accumulated Deficit | $(207,118) | as of June 30, 2025, increased from $(165,436) at September 30, 2024. |
| Total Liabilities | $133,492 | as of June 30, 2025, up from $89,641 at September 30, 2024. |
| Convertible Note Payable | $64,998 | as of June 30, 2025, significantly increased from $17,945 at September 30, 2024. |
| Negative Operating Cash Flow | $(47,053) | for the nine months ended June 30, 2025, indicating ongoing cash burn. |
| Ownership Stake | 73% | acquired by Skywest Pinnacle Limited on April 1, 2024, giving them control. |
| Common Shares Outstanding | 2,752,667 | consistent across periods, indicating no recent equity dilution from new share issuance. |
| Total Assets (estimated) | 75000000 | Indicates the scale of the company's resources. |
| Net Income | 2752667 | Shows profitability for the period. |
| Common Stock Value | 40000 | Represents the par value of issued common stock. |
| Total Assets | 75000000 | Reported for the period ending 2024-12-31 |
| Authorized Shares | $75.0M | Indicates the maximum number of shares the company can issue. |
| Quarterly Period End Date | 2024-03-31 | Form 10-Q filing date |
| Filing Date | 2024-05-06 | Date the 10-Q was filed |
Frequently Asked Questions
What are the latest SEC filings for Welsis Corp. (WLSS)?
Welsis Corp. has 10 recent SEC filings from Jan 2024 to Aug 2025, including 6 10-Q, 3 8-K, 1 10-K. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of WLSS filings?
Across 10 filings, the sentiment breakdown is: 1 bearish, 9 neutral. The dominant sentiment is neutral.
Where can I find Welsis Corp. SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Welsis Corp. (WLSS) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Welsis Corp.?
Key financial highlights from Welsis Corp.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for WLSS?
The investment thesis for WLSS includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Welsis Corp.?
Key executives identified across Welsis Corp.'s filings include Dusan Zindovic, Kwok Boon Kit.
What are the main risk factors for Welsis Corp. stock?
Of WLSS's 10 assessed filings, 1 were flagged high-risk, 4 medium-risk, and 5 low-risk.
What are recent predictions and forward guidance from Welsis Corp.?
Forward guidance and predictions for Welsis Corp. are extracted from SEC filings as they are enriched.