OTC: LDXC
Londax Corp.CIK 0001985554 · SIC 7371 · Computer Programming & Data Processing
Our company was established as a Wyoming corporation on May 19, 2023. As a developmental-stage enterprise, our primary focus is on offering IT consulting services and software development solutions. Our web site is https://londaxcorp.com/. Currently, we have developed and implemented our flagship… About this business →
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Latest financial statements
From 10-Q filed Apr 7, 2026 (period ending Feb 28, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Statements of Operations (Unaudited)
| Description | Three months ended February 28, 2026 (unaudited) | Three months ended February 28, 2025 (unaudited) | Nine months ended February 28, 2026 (unaudited) | Nine months ended February 28, 2025 (unaudited) |
|---|---|---|---|---|
| REVENUES | 8,405 | 13,165 | 19,918 | 66,410 |
| Cost of sales | – | 3,000 | – | 12,000 |
| GROSS PROFIT | 8,405 | 10,165 | 19,918 | 54,410 |
| OPERATING EXPENSES | ||||
| Amortization and Depreciation Expense | 6,257 | 3,563 | 18,772 | 6,642 |
| General and Administrative Expenses | – | 3,224 | 233 | 8,916 |
| Professional Fees | 6,852 | 2,076 | 45,951 | 14,800 |
| TOTAL OPERATING EXPENSES | 13,109 | 8,863 | 64,956 | 30,358 |
| NET INCOME /(LOSS) FROM OPERATIONS | (4,704) | 1,302 | (45,038) | 24,052 |
| OTHER INCOME/(EXPENSES) | 12,000 | – | 11,949 | – |
| PROVISION FOR INCOME TAXES | – | – | – | – |
| NET INCOME /(LOSS) | 7,296 | 1,302 | (33,089) | 24,052 |
| NET INCOME /(LOSS) PER SHARE: BASIC AND DILUTED | 0.00 | 0.00 | (0.01) | 0.00 |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED | 2,231,135 | 5,231,135 | 2,231,135 | 5,231,135 |
Balance Sheets
| Description | February 28, 2026 (Unaudited) | May 31, 2025 (Audited) |
|---|---|---|
| Cash | 13,951 | 10,606 |
| Prepaid Expenses | 10,680 | 20,000 |
| Total Current Assets | 24,631 | 30,606 |
| Fixed Assets, Net | 47 | 187 |
| Mobile App, Net | 15,830 | 21,580 |
| Software Development Costs, Net | 20,400 | 29,607 |
| Website, Net | 7,653 | 11,328 |
| Total Other Assets | 43,930 | 62,702 |
| Total Assets | 68,561 | 93,308 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY/(DEFICIT) | ||
| Accounts Payable | 807 | 51,372 |
| Deferred Income | 13,703 | – |
| Related Party Loan | 49,485 | 4,281 |
| Total Current Liabilities | 63,995 | 55,653 |
| Common Stock, $0.001 par value, 75,000,000 shares authorized; 2,231,135 and 5,231,135 shares issued and outstanding, respectively | 2,231 | 5,231 |
| Additional Paid-in Capital | 38,703 | 35,703 |
| Accumulated Income/(Deficit) | (36,368) | (3,279) |
| Total Stockholders’ Equity/(Deficit) | 4,566 | 37,655 |
| Total Liabilities and Stockholders’ Equity/(Deficit) | 68,561 | 93,308 |
Statements of Cash Flows (Unaudited)
| Description | Nine months ended February 28, 2026 (unaudited) | Nine months ended February 28, 2025 (unaudited) |
|---|---|---|
| Net Income (Loss) | (33,089) | 24,052 |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Amortization and Depreciation Expense | 18,772 | 6,642 |
| Prepaid Expenses | 9,320 | – |
| Project-In-Progress | – | 33,000 |
| Accounts Payable | (50,565) | 12,827 |
| Deferred Income | 13,703 | – |
| CASH FLOWS USED IN OPERATING ACTIVITIES | (41,859) | 76,521 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Software Development Costs | – | (28,828) |
| Mobile App | – | (14,000) |
| Website | – | (7,700) |
| CASH FLOWS PROVIDED BY INVESTING ACTIVITIES | – | (50,528) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Related Party Loan | 45,204 | 21 |
| Notes Payable | – | (14,512) |
| CASH FLOWS PROVIDED BY FINANCING ACTIVITIES | 45,204 | (14,491) |
| Net increase (decrease) in cash and equivalents | 3,345 | 11,502 |
| Cash and equivalents at beginning of the period | 10,606 | 1,664 |
| Cash and equivalents at end of the period | 13,951 | 13,166 |
| Supplemental cash flow information: | ||
| Cash paid for: | ||
| Interest | – | – |
| Taxes | – | – |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗
About Londax Corp.
Source: Item 1 (Business) from the 10-K filed September 2, 2025. Description as filed by the company with the SEC.
Item 1. Business.
DESCRIPTION OF BUSINESS
Our company was established as a Wyoming corporation
on May 19, 2023. As a developmental-stage enterprise, our primary focus is on offering IT consulting services and software development
solutions. Our web site is https://londaxcorp.com/. Currently, we have developed and implemented our flagship product https://londax.ai/,
which comprises a Customer Relationship Management (CRM) System, Applicant Tracking Systems (ATS), and out-staffing services.
Our principal executive office is located at Puces
iela 47, Riga, Latvia LV-1082. Our phone number is +371 29591676.
Our company develop and implement a customized
Customer Relationship Management (CRM) System that facilitates out-staffing for our future clients. Our software is designed to seamlessly
integrate into our clients' corporate structure, enabling them to hire and manage their staff, including top managers and IT specialists,
with ease.
We are intending
to operate in Europe with potential for working worldwide. From a technical perspective, londax.ai is a web application consisting of
Frontend and Backend components hosted on cloud services provided by AWS. Londax.ai CRM system is developed for analyzing and monitoring
the recruitment process using a funnel (hiring stages) and analyzing the KPIs of the already hired personnel. Currently, our main dashboard
consists of: 1) Segment for Recruitment: funnel, creating job postings (manual \ AI) and
portal for applicants.2) Segment for; Employees: Profile, password and personal data change and Help.
Read full description ↓
For the Artificial Intelligence functionality (advertisement generation),
the OpenAI API is used.
Revenue
Our possible revenue streams are following:
1.
Subscription-Based Revenue Model: This revenue stream involves charging clients a monthly or annual fee for access to our CRM system. We can offer various rate plans, enabling clients to choose a subscription that best suits their needs and budget.
2.
Customization Services: We can charge clients on a project basis for customization services. This revenue stream involves working closely with clients to develop customized solutions that meet their specific needs and objectives.
3.
Data Migration Services: We can partner with data management companies to offer data migration services to clients who need to transfer their data from their existing system to our CRM system. This revenue stream involves charging clients a fee for data migration services.
4.
Training and Consulting Services: We can offer training and consulting services to help clients get the most out of our CRM system. This revenue stream involves charging clients a fee for training and consulting services.
5.
Integration Services: We can offer integration services to enable clients to integrate our CRM system with other software solutions. This revenue stream involves charging clients a fee for integration services.
6.
Maintenance and Support Services: We can offer maintenance and support services to ensure that our clients' CRM system is functioning properly and to provide technical support as needed. This revenue stream involves charging clients a fee for maintenance and support services.
7.
Upgrades and Add-Ons: We can offer upgrades and add-ons to our CRM system to provide additional functionality or to keep up with changing technologies. This revenue stream involves charging clients a fee for upgrades and add-ons.
3
Marketing and Competition
Our business is focused on the online market,
and we intend to utilize various online marketing tools to promote our services effectively. To reach our potential clients, we plan to
employ banners, flags, and video advertisements on popular social media platforms such as Facebook, Twitter, Instagram, and YouTube. We
will present our services in an organized web catalog that can be easily accessed through our website and mobile application. Our catalog
will be categorized and tagged to facilitate user-friendliness.
We intend to leverage context advertising tools
such as Google AdWords, Yahoo!, and similar tools provided by AOL and Facebook to attract customer attention. Additionally, we will utilize
SEO (Search Engine Optimization) to ensure that our application and web platform appear at the top of search queries related to our services.
We will participate in advertising conventions,
workshops, presentations, and similar events to promote our application and services. We will also advertise our services in printed and
electronic issues of magazines, commercial web communities, and communities of advertising professionals.
To further enhance our promotional activities,
we will establish our social media pages on popular platforms such as Facebook, Twitter, and Instagram. We plan to demonstrate how our
product works and performs on these platforms to increase customer engagement. We will also use WhatsApp accounts to post up-to-date information
and create discussion channels with our customers and interested individuals. We believe that instant messaging platforms like WhatsApp,
Telegram, and others will help us react and interact with our customers more efficiently.
Our company has designed our services to cater
to small to midsize business entities, with the flexibility to adjust and accommodate their evolving needs as they grow.
We operate in a highly competitive industry, our
strategy focuses on the following aspects:
1.
Our officers and directors have professional management and marketing experience and a vast network.
2.
Our customized approach aligns with the values, mission, and market needs of our clients.
3.
We continuously analyze contemporary social media trends without interruption.
4.
We utilize AI, data science, and data analysis to increase efficiency and productivity.
Despite the presence of numerous competitors in
the market, our advantages include a focus on small and medium-sized businesses, as well as a willingness to work with larger companies.
We prioritize customization and tailor our products and solutions to meet our clients' unique needs, while also providing maximum integration
on their behalf.
Employees; Identification of Certain Significant Employees.
We have no employees other than our president,
Olegs Pavlovs, who currently devotes approximately twenty hours per week to company matters.
Government Regulation
Our principal office is located in Latvia and
we are intending to operate in EU (European Union). We are might be subject of following EU governmental regulations:
GDPR governs the processing of personal data in
the European Union (EU). Our Company must ensure that we comply with GDPR when collecting, storing, and processing personal data through
their software products.
Consumer Protection Laws. This EU directive establishes
rules for online and distance sales, including software. It covers issues such as the right of withdrawal, warranties, and dispute resolution.
4
Copyright Law: Software is subject to copyright
protection in most European countries. Our Company must respect the intellectual property rights of others and enforce their own software
copyrights.
Export Control Regulations: If our software includes
encryption technology or has other export-controlled components, we may need to comply with EU and national export control regulations.
E-Commerce Directive: This directive addresses
various legal aspects of e-commerce, including electronic contracts, electronic signatures, and liability of online service providers.
Antitrust and Competition Laws: Our Company must
comply with EU and national competition laws, which can affect software pricing, distribution, and licensing practices.
VAT (Value Added Tax): VAT rules can vary from
country to country within the EU, and they may apply to the sale of our software products.
Contract Law: Software sales often involve licensing
agreements and contracts. Company should ensure that our contracts comply with applicable contract laws and are enforceable.
Network and Information Security Directive (NIS
Directive): This directive imposes cybersecurity requirements on operators of essential services and digital service providers.
Sanctions and Embargoes: Depending on the nature
of our software and its use cases, we may need to be aware of EU sanctions and embargoes that restrict the sale or export of certain software
products to specific countries.
Offices
Our business office is located at Puces iela 47,
Riga, Latvia LV-1082. This address was provided by our president, Mr. Pavlovs. Our telephone number is +371 29591676.