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NELR

Neolara Corp.

NELR General Bldg Contractors - Residential Bldgs EDGAR ↗
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Key statistics

from XBRL data in SEC filings
Market cap ⓘ
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Revenue (TTM) ⓘ
$11.6K
Net income (TTM) ⓘ
-$80.9K
EPS (TTM) ⓘ
$-0.02
P/E ratio ⓘ
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Dividend yield ⓘ
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Free cash flow ⓘ
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Cash ⓘ
$0.00
Total assets ⓘ
$15.0K
Gross margin ⓘ
72.4%
52-week range ⓘ
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AI briefing

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

Neolara Corp. is a development-stage construction company focused on coconut fiber concrete and turnkey building services in Costa Rica.

What they do

Neolara Corp. is a development-stage company incorporated in Wyoming in June 2022, offering general contracting, design & build, construction project management, and turnkey construction services. It primarily supplies coconut fiber concrete and engineering services to clients in Costa Rica, with plans to expand internationally. The company acquired Futureproof Eco Solutions LLC to obtain a patent for lightweight concrete made with Portland cement, wood filler, and coconut fiber, which claims 1.2-1.5 times greater compressive strength and 20% less cement consumption. It also entered a Cooperation Agreement with Lorittini LLC in April 2025 to collaborate on green construction services and technology distribution.

Revenue drivers

  • Coconut fiber concrete and engineering services — Primary revenue source; recognized $29,150 in fiscal 2025 and $11,600 in Q4 2025, but zero revenue in the first three quarters of fiscal 2026.
  • Construction services (general contractor, design & build, project management) — Offered in Costa Rica; no revenue reported in fiscal 2026 as operations were paused after September 2025 corporate transition.

Recent performance

In the nine months ended March 31, 2026, Neolara reported zero revenue compared to $17,550 in the same period of 2025, with a net loss of $85,036 versus $27,824. Operating expenses rose to $85,036 due to a $19,685 write-off of prepaid advisory fees, a $46,062 impairment of intangible assets, and general administrative costs. As of March 31, 2026, the company had $15,000 in total assets, $117 in total liabilities, and $0 cash. The company had no active bank account and certain expenses were paid by related parties. Fiscal 2025 annual revenue was $29,150, with a net loss of $23,688.

Strategy

Management plans to leverage the acquired patent for coconut fiber-reinforced concrete to offer building materials with improved strength and reduced cement use. The cooperation with Lorittini LLC aims to share knowledge, resources, and customer access in the green construction market. The company intends to expand beyond Costa Rica to other countries. Following a corporate transition in September 2025, the company is evaluating potential business opportunities while maintaining its reporting status.

Risks

  • Going concern — Independent auditors have raised substantial doubt about the company's ability to continue as a going concern.
  • No current revenue — The company has generated no revenue in the first nine months of fiscal 2026 and has ceased active operations.
  • Cash shortage — Cash and equivalents were $0 as of March 31, 2026, and the company relies on related parties and financing to meet obligations.
  • Limited operating history — As a development-stage company, it has experienced losses since inception and has minimal revenue history.

Outlook

Management expects to incur losses in the near term and requires additional funding from related parties, investors, or other financing sources to continue operations and pursue business opportunities. The company is evaluating potential business opportunities but has not disclosed any specific new initiatives or timelines. During the quarter ended March 31, 2026, activities were limited to maintaining reporting status and compliance.

Recent SEC filings

40 most recent
Annual, quarterly & current reports
Other filings