Guru App Factory Corp.

What they do

The company develops, publishes and sells mobile applications on the iOS and Google Play platforms, and also takes on custom app development for third parties. It earns revenue from third-party app development, consulting engagements, branded advertising, and consumer transactions such as in-app purchases in its own apps. Consulting work spans software development, data encryption, and blockchain development, sold mainly to small and mid-sized IT companies and their suppliers.

Revenue drivers

• Software development — Custom development for third parties produced $39,000, or 100% of nine-month fiscal 2026 revenue, down 57% from $90,000 a year earlier.
• Consulting services — Consulting contributed $4,500 (5% of revenue) in the nine months ended April 30, 2025, and no revenue in the same 2026 period.
• Own-app advertising and in-app purchases — The company sells branded advertising and consumer transactions in its own apps, though no figures for this line appear in the excerpts.

Recent performance

Fiscal 2025 revenue was $94,500, up from $82,500 in fiscal 2024, but operating expenses rose faster to $134,289 and the net loss widened to $43,690 from $22,972. For the nine months ended April 30, 2026, revenue fell to $39,000 from $94,500, as a large software development order did not recur. Cost of revenue dropped to $22,500 from $70,000, while operating expenses were roughly flat at $51,722 versus $55,715. The nine-month net loss was $35,222, worse than the $31,215 loss a year earlier. At April 30, 2026 the company had $3,500 of cash, $11,500 in total assets, $48,025 in liabilities and a $36,525 stockholders' deficit.

Strategy

Management says working capital will be funded by existing funds plus further securities issuances, and expects to need additional equity or debt to meet long-term operating requirements. The 10-K states going-concern support depends on financial backing from the company's major shareholder and on third-party equity or debt financing. The company continues to sell third-party app development and consulting engagements across software, encryption and blockchain, and says the service list can be shortened or extended based on profitability and customer demand. No committed financing or new product launch is disclosed in the excerpts.

Risks

• Going concern doubt — The 10-K states the company's losses, negative operating cash flow and lack of cash raise substantial doubt about its ability to continue as a going concern for a year.
• Revenue concentration and volatility — Nine-month fiscal 2026 revenue depended entirely on software development, which fell 57% after a single large 2025 order did not repeat.
• Negative equity and thin liquidity — At April 30, 2026 stockholders' deficit was $36,525 and cash was only $3,500 against $48,025 of liabilities.
• Dependence on related-party and outside financing — The company has no financing committed in the filings and states its survival depends on support from its major shareholder or new debt or equity sales.

Outlook

Management attributes the fiscal 2026 revenue decline to a large software development order not recurring and expects working capital needs to be met through existing funds and further securities issuances. The filings provide no guidance, no book of contracted backlog and no committed funding, and management states substantial doubt exists about continuing as a going concern for one year from issuance of the 10-K.