Londax Corp.

What they do

Londax develops and implements a customized Customer Relationship Management (CRM) system designed to facilitate out-staffing, letting clients hire and manage staff including top managers and IT specialists. Its flagship product, londax.ai, is a web application with frontend and backend components hosted on AWS, and includes a recruitment segment (hiring funnel, manual or AI job postings, applicant portal) and an employee segment (profile, password and personal data changes, help). The company states it uses the OpenAI API for AI advertisement generation. It intends to operate in Europe with potential worldwide reach.

Revenue drivers

• Subscription-based CRM access — Monthly or annual fees for access to the CRM system under various rate plans; the filings describe this as a possible, not yet realized, revenue stream and give no segment size.
• Customization and integration services — Project-based fees for tailoring the CRM to client needs and integrating it with other software solutions; described as possible revenue with no disclosed amounts.
• Data migration, training and consulting — Fees for migrating client data onto the CRM, plus training and consulting engagements; described as possible revenue with no disclosed amounts.
• Maintenance, support, upgrades and add-ons — Ongoing support and technical assistance fees plus charges for added functionality or technology upgrades; described as possible revenue with no disclosed amounts.

Recent performance

Annual revenue rose to $66,410 in 2025 from $25,297 in 2024, while net loss narrowed to $1,198 from $1,882. Operating cash flow swung to $94,461 in 2025 from negative $53,782 in 2024. Quarterly revenue was $0.00 for the period ended 2025-05-31, $3,107 for 2025-08-31, and $8,405 for both 2025-11-30 and 2026-02-28. The latest balance sheet (2026-02-28) shows total assets of $68,561, shareholder equity of $4,566, and cash and equivalents of $13,951. Diluted EPS is reported as $0 for both 2024 and 2025.

Strategy

The company describes itself as developmental-stage and says it has developed and implemented londax.ai, comprising CRM, ATS and out-staffing services. It plans to market online through social media banners and video ads, web catalogs, context advertising such as Google AdWords and Yahoo, SEO, conventions and workshops, and social and messaging channels including WhatsApp and Telegram. Revenue is expected to come from the seven listed streams (subscription, customization, data migration, training and consulting, integration, maintenance and support, and upgrades/add-ons). The filings do not quantify planned investment in these activities. Corporate events since the 10-K include officer and director changes and change-in-control disclosures in July and August 2026, and an August 2024 change of accountants.

Risks

• Developmental-stage, stated revenue streams — The 10-K describes each of the seven revenue models as possible rather than contracted, so actual revenue sources remain unproven.
• Recurring losses — The company reported net losses of $1,882 in 2024 and $1,198 in 2025, and quarterly revenue was $0.00 in the period ended 2025-05-31.
• Third-party platform dependence — The product relies on AWS cloud hosting and the OpenAI API for AI ad generation, exposing operations to those providers' availability and terms.
• Governance and control changes — Since the 10-K the company has reported multiple officer/director changes and change-in-control events in July and August 2026, and a change of accountants in August 2024.

Outlook

Management states the company is a developmental-stage enterprise intending to operate in Europe with potential for working worldwide. It lists seven intended revenue streams but does not provide guidance, revenue forecasts or a timeline for achieving them. The excerpts contain no management projection of future financial results.