| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $74K | — | -13.3% |
| Cost of Revenue | $18K | — | -7.4% |
| Gross Profit | $56K | — | -15.1% |
| SG&A Expense | $116K | — | +10.8% |
| Net Income | -$62K | — | -13.4% |
| EPS (Diluted) | $0.00 | — | — |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Current Assets | $53K | +27.0% | -12.3% |
| Total Assets | $60K | +17.0% | -28.5% |
| Current Liabilities | $1.1M | +6.9% | +5.2% |
| Long-term Debt | $150K | -0.0% | +0.0% |
| Total Liabilities | $1.2M | +6.1% | +4.6% |
| Stockholders' Equity |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Operating Cash Flow | -$22K | — | +41.4% |
| Financing Cash Flow | $22K | — | -42.9% |
Business Overview
Kindcard, Inc. is a FinTech and PayTech company providing alternative closed-loop payment solutions through its wholly owned subsidiaries Deb, Inc. and Tendercard, Inc. The company offers cash pickup services and stored value point-of-sale gift card processing solutions to merchants across North American retail markets. The company is developing its proprietary DEB Platform payment processing technology in partnership with Blox and Viacarte to enable worldwide B2B, B2C, C2B, and peer-to-peer payments.
Segment Performance
The company's single reportable segment is its Tendercard Program, which generated revenue of $74,175 in the three months ended April 30, 2026, compared to $84,841 in the prior year period—a decrease of $10,666 or 12.6%. Cost of sales decreased from $19,772 to $18,318. Cash Pickup Commission Revenue was $0 in both periods (prior year had $750). The company incurred a net loss of $62,418 for the current quarter compared to $55,064 in the prior year quarter.
Key Risk Factors
The company faces substantial doubt regarding its ability to continue as a going concern due to accumulated operating losses of $1.69 million, a working capital deficit of $1.03 million, and ongoing operating losses. The company is heavily leveraged with total liabilities of $1.24 billion versus total assets of $60.1 million, and requires additional funding through private placements and related party advances to meet obligations. Revenue has declined from $85,591 to $74,175 period-over-period, and the company's cash position is minimal at $9,140.
| -$1.2M |
| -5.6% |
| -7.2% |