E-Smart Corp.

What they do

E-Smart Corp. was incorporated in Nevada on June 06, 2023. It is developing a platform that serves as a professional profile and artistic showcase for tattoo artists and connects them with enthusiasts and employers. The platform also offers users the ability to generate preliminary tattoo sketches through an AI-driven tattoo design tool. The company describes itself as a development-stage corporation with limited operations and minimal revenues.

Revenue drivers

• AI API subscription — Monetization centers on an API AI textual tattoo idea generator sold on a subscription basis, with tiers such as a 14-day pass and a 30-day pass; users obtain an AI key through a pricing plan on the company's website. No revenue by product line is disclosed.
• Premium features and partnerships — The company states it is exploring premium features and strategic partnerships with tattoo-related businesses as additional revenue avenues, but no figures are provided.
• Platform advertising and user base — The company is promoting the platform to tattoo artists and clients through social media, online advertising and industry influencers, aiming to build a user base it can monetize. No revenue contribution is disclosed.

Recent performance

For fiscal year 2025 (ended August 31, 2025), revenue was $29,247, up from $11,562 in fiscal 2024. Net loss widened to $68,034 in fiscal 2025 from $41,236 in fiscal 2024, with operating expenses of $87,388 versus $45,925. Net cash used in operating activities was $43,452 in fiscal 2025 versus $10,973 in fiscal 2024. As of August 31, 2025, total assets were $141,281, including $6,825 current assets, $20,274 other current assets and $114,182 intangible assets. In the latest quarter ended May 31, 2026, revenue was $7,950, down from $20,151 in the quarter ended February 28, 2026.

Strategy

Management's stated plan is to monetize the platform through an AI tattoo idea API sold on subscription tiers, plus premium features and partnerships with tattoo supply companies and equipment manufacturers. The company is running an advertising campaign using social media, online advertising and influencers, and may engage agencies depending on available resources. It reports no research expenditures since inception. Financing has come from director loans and capital stock: $49,731 provided in fiscal 2025 and $168,594 from director loans in fiscal 2024. Continuous assessment of market trends and customer feedback is said to guide platform development.

Risks

• Going concern and liquidity — As of May 31, 2026, total liabilities of $248,326 exceed total assets of $107,584, leaving shareholders' equity of negative $140,742 and cash of only $506.
• Development-stage scale — Management describes the company as a development-stage corporation with limited operations and minimal revenues, and fiscal 2025 revenue was just $29,247 against a $68,034 net loss.
• Dependence on related-party financing — Recent cash has come from director loans and capital stock—$49,731 in fiscal 2025 and $168,594 in fiscal 2024—rather than from operations.
• No public trading market — The 10-K states the company's stock is not trading at the moment, and the company has never paid dividends and does not anticipate paying them.

Outlook

The company does not provide financial guidance. Management states it is exploring premium features and partnerships with tattoo-related businesses for revenue diversification, and will continue assessing market trends and customer feedback to refine the platform. It also notes it has not incurred any research expenditures since inception. No commitments or timelines for additional financing are disclosed.