WINVEST GROUP LTD.
0.0530+0.00 (+0%)
Oct 29, 4:00:00 PM EDT · OTC Markets OTCQB · WNLV · USD
Key Stats
Market Cap
5.87MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Winvest Group Ltd's Q2 FY2025 results showed revenue dipping to $11,500 from $12,500 y/y, while YTD revenue plunged 85% to $11,500 from $77,340, mainly from ended contracts at IQI. Gross loss edged to $(120) from a $6,660 profit y/y, yet operating loss narrowed slightly to $(120,608) from $(141,355) as admin expenses held steady. Net loss widened to $(771,906) from $(201,977), driven by a $647,462 investment loss on IFA repurchases—far exceeding the operating hit. Cash fell to $116,387, with $307,369 used in operations offset by $242,234 from financing like $170,000 share issuances and a $75,000 convertible note at 10% interest maturing December 2025. Investments stood at $13.7M, backed by $673,103 interest-free related-party notes. No non-GAAP metrics disclosed in the 10-Q. Weak internal controls pose ongoing risks.
8-K
CIO resigns with equity grant
Winvest Group Ltd. accepted the resignation of Chief Intellectual Officer Charlene Logan Kelly, effective June 28, 2025, with no disagreements on operations or policies. The board approved a one-time grant of 90,000 restricted common shares as final equity compensation for her early-stage contributions. This departure streamlines leadership amid the company's development phase.
10-Q
Q1 FY2025 results
Winvest Group Ltd posted no revenue in Q1 FY2025 ended March 31, 2025, down from $64,840 a year earlier, as contracts with key clients Surewell International and Ding Yun Sheng wrapped up, hitting IQI's contributions. Operating expenses climbed to $146,352 from $97,743, driven by advertising, audit fees, legal services, and promissory note issuance costs, yielding an operating loss of $146,352 versus $69,823 last year; net loss widened to $147,946 from $121,578, with the gap tied to higher administrative outlays while other expenses held steady at minimal levels. Cash edged up to $197,215 on $168,075 in financing inflows, including $110,000 from share issuances and a $75,000 convertible note at 10% interest maturing December 2025, offset by $152,382 in operating cash burn; related-party notes payable stood at $668,944 interest-free, alongside $550,000 in project advances for film ventures. No free cash flow disclosed in the 10-Q. Investments remained steady at $14,419,701. Yet losses mount.
10-K
FY2024 results
Winvest Group Ltd. posted FY2024 revenue of $77,340, down sharply from $339,943 in FY2023, as contracts with key clients Pacific Range Hood and Superco Home Appliances ended, leaving IQI's content services dormant. Operating expenses dropped to $760,298 from $1,098,460, yet the net loss widened to $1,081,047 or $(0.004) per share versus $875,464 or $(0.05) per share last year, driven by persistent film development costs without offsetting production starts. Q4 saw no revenue momentum, with the full-year decline underscoring stalled progress on projects like Sunday Dinner and Winnie the Pooh prequel amid funding delays. Cash stood at $181,522, bolstered by $262,018 from investment sales, while related-party loans totaled $675,869 interest-free. No dividends or buybacks occurred; capex remained negligible. Looking ahead, the company eyes 2025 releases but offers no quantified guidance. Budget overruns in film production pose a key risk to quarterly cash flows.
8-K
Auditor change announced
Winvest Group Ltd. dismissed JWF Assurance PAC as its independent auditor on March 13, 2025, after quarterly reviews for Q1-Q3 2024 but no full-year audit, with no disagreements or reportable events noted. The board immediately engaged J&S Associate PLT as the new auditor, confirming no prior consultations on accounting matters. This switch ensures seamless compliance amid the company's emerging growth status.
IPO
Website
Employees
Sector
Industry
ANGX
Angel Studios, Inc.
6.33-0.12
CNVS
Cineverse Corp.
3.03-0.02
KWM
K Wave Media, Ltd.
2.00-0.07
LLYVA
Liberty Media Corporation - Ser
87.63-0.63
LYV
Live Nation Entertainment, Inc.
149.19-1.88
MVNC
Marvion Inc.
0.03-0.00
NFLX
Netflix, Inc.
1100.41-2.09
TKO
TKO Group Holdings, Inc.
186.60-0.85
VYRE
Vyre Network
0.01+0.00
WBD
Warner Bros. Discovery, Inc. -
21.34+0.35