Caro Holdings Inc.

What they do

The company was incorporated in Nevada on March 29, 2016 and originally ran a sock subscription box business. Control changed in April 2022, and a subsidiary, Caro Holdings International Ltd., was formed in September 2022 to build a software and e-commerce platform usable for B2B, B2C and D2C businesses. The company now describes itself as deploying integrated digital solutions and developing specialized marketplaces for service providers in select verticals. In July 2025 it introduced a full-cycle AI automation framework for small and mid-sized businesses and says it has developed AI agents for investor relations, reporting and compliance.

Revenue drivers

• E-commerce and digital platform services — Revenue comes from the B2B, B2C and D2C platform built by Caro Holdings International Ltd.; total company revenue was only $11,254 in fiscal 2026 and $36,319 in fiscal 2025.
• Service-provider marketplaces — The company is developing specialized marketplaces to connect consumers with service providers; described as validating technology through operational implementations rather than a reported revenue line.
• AI automation framework — Introduced in July 2025, this framework covers customer journey outreach to conversion and integrates with CRM, e-commerce and business management platforms; no revenue attributed to it in the filings provided.

Recent performance

Fiscal 2026 revenue fell to $11,254 from $36,319 in fiscal 2025, a decline of 69%, while operating expenses dropped 31% to $293,538 from $428,413. The net loss narrowed to $407,797 from $692,956, and other expenses fell to $125,513 from $300,862, which management attributed mainly to lower interest expense on convertible notes. Net cash used in operating activities improved to $105,126 from $373,809, with financing activities providing $111,603 versus $390,407 the prior year. Working capital deficiency widened to $1,723,551 at March 31, 2026 from $1,344,304 a year earlier. The most recent reported quarter, ended June 30, 2026, had revenue of $990, down from $2,328 in the March 2026 quarter.

Strategy

Management says it is soliciting clients across multiple industries and intends to keep enhancing the e-commerce software for chosen vertical markets. The company plans to create subsidiaries in markets where it sees a significant sales opportunity and is developing marketplaces for service providers. In July 2025 it launched an AI automation framework and AI agents for investor relations, reporting, compliance and stakeholder communications. The filings state that continuing as a going concern depends on raising additional capital and implementing this business plan.

Risks

• Going concern qualification — The auditors' report on the fiscal 2026 financial statements contains a going concern qualification because the company has suffered losses since inception and has no operating revenues.
• Working capital deficiency — Current liabilities of $1,986,308 exceeded current assets of $262,757 at March 31, 2026, producing a working capital deficiency of $1,723,551.
• Dependence on external financing — The company has depended on sales of equity securities and debt financing, raising $111,603 from financing activities in fiscal 2026, and other expenses include interest on convertible notes.
• Minimal and volatile revenue — Revenue fell 69% to $11,254 in fiscal 2026 and was only $990 in the quarter ended June 30, 2026, leaving little operating scale to cover expenses.

Outlook

Management states that the company's ability to continue as a going concern depends on raising additional capital and implementing its business plan. It says the subsidiary will continue to modify and enhance the e-commerce software for chosen vertical markets and that it intends to create subsidiaries where it perceives significant sales opportunity. No specific revenue, earnings or financing targets are disclosed in the excerpts provided.