MOVEIX INC. SEC 10-Q Report

Moveix Inc., a company focused on the wholesale purchase and online retail of electric transportation products, has released its Form 10-Q report for the quarter ended June 30, 2025. The report provides insights into the company's financial performance and business operations, highlighting ongoing challenges and future plans.

Financial Highlights

Revenue: The company did not report any revenue for the periods ended June 30, 2025, and June 30, 2024.

Operating Expenses: $12,186 for the three months ended June 30, 2025, and $28,762 for the six months ended June 30, 2025, reflecting a decrease in administrative expenses compared to the same periods in 2024.

Net Income (Loss): $(12,186) for the three months ended June 30, 2025, and $(28,762) for the six months ended June 30, 2025, indicating continued losses with no revenue generation.

Net Income Per Share: $(0.00) for both the three and six months ended June 30, 2025, consistent with the same periods in 2024, due to the lack of revenue and ongoing losses.

Business Highlights

Organizational Overview: Moveix Inc. is focused on buying electric transportation products wholesale from Chinese manufacturers and selling them via its website. The company initially targeted the European market and planned to expand to North America, with hoverboards as its main product.

Business Strategy and Plan: The company is currently developing a business plan and intends to explore and identify viable business opportunities within the U.S., including seeking to acquire a business through a reverse merger.

Operational Status: As of the report date, Moveix Inc. has no ongoing operations from a continuing business other than expenditures related to maintaining the company.

Future Outlook: Management plans to investigate, evaluate, and negotiate potential business combinations, file SEC reports, and consummate an acquisition of an operating business during the remainder of the fiscal year.

Capital and Resource Challenges: The company has no cash on hand and will rely on loans from its principal shareholder to remain operational. It anticipates needing additional capital to fund operations and potential acquisitions.

Risks and Uncertainties: The company faces risks related to its early stage of development, including an evolving business model, revenue recognition challenges, and growth management. The ongoing impact of the coronavirus pandemic also poses significant uncertainties.

SEC Filing: MOVEIX INC. [ MVXM ] - 10-Q - Aug. 15, 2025