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BGFR

BestGofer Inc.

BGFR OTC Services-Personal Services EDGAR ↗
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Key statistics

from XBRL data in SEC filings
Market cap ⓘ
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Revenue (TTM) ⓘ
$12.3K
Net income (TTM) ⓘ
-$125K
EPS (TTM) ⓘ
$-0.02
P/E ratio ⓘ
—
Dividend yield ⓘ
—
Free cash flow ⓘ
—
Cash ⓘ
$5.12K
Total assets ⓘ
$42.0K
Gross margin ⓘ
32.6%
52-week range ⓘ
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AI briefing

from the latest 10-K, 10-Q and 8-K events

BestGofer Inc. is a holding company whose only operating business is a Washington-state home inspection subsidiary acquired in August 2025, while its namesake delivery app remains pre-operational.

What they do

The company has two identified segments: the BestGofer delivery platform, which has not launched its consumer app, contracted any Gofer drivers, or generated revenue, and Liberty Home Inspection Services LLC (LHIS), a wholly owned subsidiary providing residential home inspection services in the State of Washington. LHIS revenue is recognized upon completion of each inspection and delivery of the report. The company states it is no longer a shell company following the LHIS acquisition.

Revenue drivers

  • LHIS home inspection services — The only revenue-producing line; all reported revenue to date comes from LHIS inspections in Washington, $5,260 in the period from September 1 to November 30, 2025, with cost of sales of $1,264.
  • Seasonal inspection demand — Q2 FY2026 revenue of $4,776 came entirely from May 2026, with $0 in March and April, which the company attributes to seasonality of home inspections in northern Whatcom County.
  • BestGofer delivery platform — Planned on-demand purchase and delivery app with five categories (Grocery, Restaurant, Convenience, Liquor, Courier Services); pre-operational with no revenue, no launch timeline, no recruited drivers, and no committed capital plan.

Recent performance

For the three months ended May 31, 2026, revenue was $4,776 versus $0 a year earlier, with cost of services of $2,119 and gross profit of $2,657. Operating expenses were $31,188, mostly $31,168 of professional fees, producing a net loss of $28,531 versus a $4,700 loss in the prior-year quarter. For the six months ended May 31, 2026, revenue was $7,007, gross profit $4,888, and operating expenses $119,174 including a $78,754 non-cash goodwill impairment, for a net loss of $114,286 versus $15,500 a year earlier. As of May 31, 2026, the company had cash of $5,124, total liabilities of $180,628, and a shareholder equity deficit of $138,581.

Strategy

Management's stated plan is to operate LHIS as the revenue-generating business while it evaluates development of the BestGofer delivery segment; no definitive launch timeline or committed capital plan exists for delivery. The company expects to fund operations through debt and securities sales and issuances, having historically relied on internally generated funds, stock sales, and financial support from its Director. Stated near-term priorities are covering general and administrative costs, professional fees, and LHIS operating costs. The company has also been through a series of accountant changes and an auditor transition during fiscal 2026.

Risks

  • Going concern — The company states it lacks an established revenue source to cover operating costs, and the 10-Q notes substantial doubt about its ability to continue as a going concern within one year.
  • Funding shortfall — For the twelve months ending November 30, 2026, management projected $34,000 to $42,000 of cash needs against $3,202 of cash on hand at November 30, 2025 and expected LHIS revenue of $18,000 to $25,000, implying a $6,000 to $21,000 shortfall.
  • Delivery segment not operating — The BestGofer platform has no app launch, no contracted Gofer drivers, no revenue and no established timeline, with management stating no assurance it will become operational.
  • Concentration and related-party dependence — Revenue depends on LHIS, whose sole inspector is a related party paid $1,800 in contractor compensation in the latest quarter, and the parent holds no operating bank account while relying on Director support for liquidity.

Outlook

Management states it anticipates substantial losses for the foreseeable future and continues to evaluate development of the BestGofer platform without a set launch date or capital plan. It expects to fund operations through debt and securities sales until revenue grows, and warns there is no assurance such financing can be obtained. The company also disclosed that previously issued financials were not reliable and recorded a $78,754 goodwill impairment in the first quarter of fiscal 2026.

Recent SEC filings

40 most recent
Annual, quarterly & current reports