3/5Oyocar Group Inc. (OYCG): Going-concern doubt

Market data

n/a: no price data available for OYCG.

Verified excerpt

"The Company has accumulated losses from inception (July 10, 2023) to February 28, 2025 of $ 57,855 . These factors among others raise substantial doubt about the ability of the company to continue as a going concern for a reasonable period of time."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-02-28)

Why this score: quarterly (unaudited) disclosure