KHEOBA CORP. SEC 10-Q Report

KHEOBA CORP., a company specializing in software sales and Customer Relationship Management (CRM) solutions, has released its latest Form 10-Q report, showcasing significant improvements in both financial and operational performance. The report highlights the company's first period of profitability since inception, driven by robust revenue growth and effective cost management.

Financial Highlights

Total Revenue: $325,128, reflecting a significant increase compared to the same period last year, driven by software sales and CRM software modules.

Gross Profit: $265,897, indicating strong profitability from operations with a focus on cost management.

Net Income (Loss) from Operations: $212,790, marking the first period of profitability since inception, highlighting improved financial performance.

Net Income: $177,282, demonstrating a positive trend in financial results, supported by effective cost control and revenue growth.

Net Income (Loss) Per Share: Basic and Diluted: $0.02, reflecting the company's successful transition to profitability.

Business Highlights

Revenue Segments: The company derives revenues from selling tourism programs and certain modules of its Customer Relationship Management (CRM) Software. For the six months ended April 30, 2025, the revenue was primarily from commission for software sales ($220,000) and CRM Software ($105,128).

Geographical Performance: The company has expanded its operations in the Asia-Pacific region by incorporating subsidiaries in Singapore and Hong Kong, which serve as operational and administrative hubs.

New Product Launches: The company is developing a travel-oriented online platform with features such as booking multi-day tours, a tour guide ranking algorithm, and an integrated CRM system for tour suppliers.

Future Outlook: The company plans to generate revenue from tour suppliers and platform users through subscription fees. It also aims to expand internationally and explore strategic partnerships, particularly in the Asia-Pacific market.

Changes in Control: On January 10, 2025, Mr. Tien Seng Tong acquired a controlling 74% equity stake in the company, leading to a change in executive leadership and strategic direction.

Operational Strategy: The company is focused on developing an artificial intelligence-based algorithm and CRM system, requiring up to $35,000 for development. It plans to raise funds through equity sales to support these initiatives.

SEC Filing: KHEOBA CORP. [ KHOB ] - 10-Q - Jul. 10, 2025