Transit Pro Tech Inc. Files Q3 2025 10-Q

TL;DR

Transit Pro Tech filed their Q3 2025 10-Q. Financials are in.

AI Summary

Transit Pro Tech Inc. filed a 10-Q for the period ending June 30, 2025. The filing covers the third quarter of their fiscal year, which ends on September 30. Key financial data points and balance sheet information as of various dates in 2024 and 2025 are included.

Why It Matters

This filing provides investors with an update on Transit Pro Tech Inc.'s financial performance and position for the third quarter of fiscal year 2025, crucial for understanding the company's ongoing operations and health.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new disclosures.

Key Numbers

• 2025-06-30 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
• 2025-08-14 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
• 0930 — Fiscal Year End (Defines the end of the company's annual financial reporting cycle.)

Key Players & Entities

• Transit Pro Tech Inc. (company) — Filer of the 10-Q
• 20250630 (date) — End of the reporting period
• 0930 (date) — Fiscal year end
• 20250814 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — nge on which Registered Common Stock, $0.0001 Par Value N/A N/A Indicate by che

Filing Documents

• g084914_10q.htm (10-Q) — 660KB
• g084914_ex31-1.htm (EX-31.1) — 11KB
• g084914_ex31-2.htm (EX-31.2) — 11KB
• g084914_ex32-1.htm (EX-32.1) — 6KB
• g084914_ex32-2.htm (EX-32.2) — 5KB
• 0001753926-25-001338.txt ( ) — 3500KB
• cik0002016167-20250630.xsd (EX-101.SCH) — 30KB
• cik0002016167-20250630_cal.xml (EX-101.CAL) — 36KB
• cik0002016167-20250630_def.xml (EX-101.DEF) — 77KB
• cik0002016167-20250630_lab.xml (EX-101.LAB) — 247KB
• cik0002016167-20250630_pre.xml (EX-101.PRE) — 187KB
• g084914_10q_htm.xml (XML) — 509KB

– Financial Information

Part I – Financial Information 4 Item 1. Unaudited Condensed Consolidated Financial Statements 4 Condensed Consolidated Balance Sheets as of June 30, 2025 (Unaudited) and September 30, 2024 3 Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the Three and Nine Months Ended June 30, 2025 and 2024 4 Unaudited Condensed Consolidated Statements of Stockholders' Equity (Deficit) for the Three and Nine Months Ended June 30, 2025 5 Unaudited Condensed Consolidated Statements of Cash Flows for the Three and Nine Months Ended June 30, 2025 and 2024 7 Notes to Unaudited Condensed Consolidated Financial Statements 8 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 4 Item 4.

Controls and Procedures

Controls and Procedures 11

– Other Information

Part II – Other Information 12 Item 1.

Legal Proceedings

Legal Proceedings 12 Item 1A.

Risk Factors

Risk Factors 12 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 12 Item 3. Defaults Upon Senior Securities 12 Item 5. Other Information 12 Item 6. Exhibits 13

Signatures

Signatures 14 2 SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS This report contains forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "would" and similar expressions intended to identify forward-looking statements. Forward-looking Given these uncertainties, you should not place undue reliance on forward-looking statements. Forward-looking statements include, among other things, statements relating to: our goals and strategies; our future business development, financial condition and results of operations; our expectations regarding demand for, and market acceptance of, our products; our expectations regarding keeping and strengthening our relationships with merchants, manufacturers and end-users; and general economic and business conditions in the regions where we provide our services. Also, forward-looking statements represent our estimates and assumptions only as of the date of this report. You should read this report and the documents that we reference and filed as exhibits to the report completely and with the understanding that our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new informat

FINANCIAL STATEMENTS

Item 1. FINANCIAL STATEMENTS Unaudited Condensed Consolidated Financial Statements as of June 30, 2025, and for the three and nine months ended June 30, 2025 Unaudited Condensed Consolidated Balance Sheets 3 Unaudited Condensed Consolidated Statements of Operations 4 Unaudited Condensed Consolidated Statements of Shareholders' Deficit 5-6 Unaudited Condensed Consolidated Statements of Cash Flows 7 Notes to Unaudited Condensed Consolidated Financial Statements 8 - 23 TRANSIT PRO TECH INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS As of June 30, 2025 As of June 30, 2025 As of September 30, 2024 US$ (Unaudited) US$ ASSETS Current assets Cash and cash equivalents 34,080 16,507 Deposit and other receivables, net 7,834 5,665 Amount due from shareholders, net 214 14,446 Amount due from related parties 9,584 Total current assets 51,712 36,618 Total assets 51,712 36,618 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accrued expenses and other payables 454,479 301,596 Amount due to shareholders 10,082 — Amount due to related parties 184,135 861,872 Total current liabilities 648,696 1,163,468 Total liabilities 648,696 1,163,468 Shareholders' deficit Common stock- $ 0.0001 par value, 100,000,000 authorized shares, 20,418,500 issued and outstanding shares on June 30, 2025 and $ 0.0001 par value, 20,000,000 authorized shares, 1,000,000 issued and outstanding shares on September 30, 2024 2,042 100 Additional paid-in capital 1,681,958 9,900 Subscription receivables ( 726,826 ) — Accumulated other comprehensive income 7,391 — Accumulated deficit ( 1,561,549 ) ( 1,136,850 ) Total shareholders' deficit ( 596,984 ) ( 1,126,850 ) Total liabilities and shareholders' deficit 51,712 36,618 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. 3 TRANSIT PRO TECH INC. UNAUDITED CONDENSED CONSOLIDATED STAT

financial statements based on review of the Group's tax positions for all open years. The Group does not expect that its

financial statements based on review of the Group's tax positions for all open years. The Group does not expect that its assessment regarding unrecognized tax benefits will materially change over the next 12 months. However, the Group's conclusions may be subject to review and adjustment at a later date based on factors including, but not limited to, questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions, compliance with U.S. federal, U.S. state and foreign tax laws, and changes in the administrative practices and precedents of the relevant taxing authorities. The Group recognizes interest and penalties related to unrecognized tax benefits in interest expense and other expenses, respectively. During the three and nine months ended June 30, 2025 and 2024, no interest or penalties related to unrecognized tax benefits was recognized. As of June 30, 2025 and 2024, the Group has no accrued interest or penalties. Leases The Group adopted ASU No. 2016-02, Leases (Topic 842), as amended, which supersedes the lease accounting guidance under Topic 840, and generally requires lessees to recognize operating and financing lease liabilities and corresponding right-of-use assets on the balance sheet and to provide enhanced disclosures surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements. The Group elected to apply practical expedients permitted under the transition method that allow the Group to use the beginning of the period of adoption as the date of initial application, to not recognize lease assets and lease liabilities for leases with a term of twelve months or less, to not separate non-lease components from lease components, and to not reassess lease classification, treatment of initial direct costs, or whether an existing or expired contract contains a lease. Under the new lease standard, the Group determines if an arrangement is or contains a lease at inception. Right-of-use as

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