| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| SG&A Expense | $18K | -36.9% | +50.5% |
| Interest Expense | $5K | — | — |
| Pre-tax Income | -$19K | +36.7% | -71.0% |
| Net Income | -$19K | +36.7% | -71.0% |
| EPS (Basic) | -$0.00 | +40.0% | -50.0% |
| EPS (Diluted) | -$0.00 | +40.0% | -50.0% |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Cash & Equivalents | $55 | +0.0% | -40.9% |
| Current Assets | $17K | +224.0% | +774.5% |
| Total Assets | $17K | +224.0% | +774.5% |
| Current Liabilities | $801K | +5.6% | +44.2% |
| Total Liabilities | $807K | +3.9% | +17.0% |
| Stockholders' Equity |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Operating Cash Flow | -$58K | — | — |
| Financing Cash Flow | $58K | — | — |
Business Overview
Vanguard Green Investment Limited operates through subsidiaries to provide wellness and beauty services via company-owned outlets, franchised outlets, and product distribution to third-party salons. The company disposed of its Shanghai subsidiary on July 30, 2024, and currently operates through subsidiaries in Seychelles and Hong Kong. During the nine months ended April 30, 2026, the company generated no revenue and continues to operate in a pre-revenue stage with primarily general and administrative expenses.
Segment Performance
The company operates in three reportable segments based on country (Nevada, Seychelles, and Hong Kong) but does not disclose segment-specific revenue or income figures in the provided filing. Consolidated results show zero revenue for both periods, with net losses of $66,191 for the nine months ended April 30, 2026 (compared to $40,251 for nine months ended April 30, 2025) and $19,062 for the three months ended April 30, 2026 (compared to $11,146 for three months ended April 30, 2025), representing deteriorating performance.
Key Risk Factors
The company faces substantial going concern risks, with current liabilities exceeding current assets by $784,514, an accumulated deficit of $2,627,012, and negative operating cash flows of $57,787 for the period. The company's ability to continue operations depends entirely on shareholder support and director financing, with management acknowledging substantial doubt about going concern status. The company reported zero revenue for both the nine-month and three-month periods ended April 30, 2026 and 2025, indicating inability to generate operating income, and carries significant debt including $511,354 in loans from the director and $148,322 in third-party loans.
| -$791K |
| -2.5% |
| -14.9% |