Cloudweb, Inc., a Florida-based corporation specializing in web hosting and data storage services, has released its Form 10-Q report for the third quarter of 2025. The report provides a detailed overview of the company's financial performance and operational activities, highlighting key metrics and future outlooks.
Financial Highlights
Net Loss: Cloudweb, Inc. reported a net loss of $14,845 for the three months ended September 30, 2025, compared to $12,441 for the same period in 2024. This increase is primarily attributed to higher professional fees. For the nine months ended September 30, 2025, the net loss was $55,542, a slight decrease from $57,476 for the same period in 2024, due to reduced professional fees.
Net Loss Per Share (Basic and Diluted): The net loss per share remained unchanged at $0.00 for both the three and nine months ended September 30, 2025, and 2024.
Operating Expenses: Operating expenses for the three months ended September 30, 2025, were $5,703, up from $3,300 for the same period in 2024, reflecting a 73% increase due to higher professional fees. For the nine months ended September 30, 2025, operating expenses decreased by 6% to $28,415 from $30,250 in the same period in 2024, due to effective cost management.
Business Highlights
Company Overview: Cloudweb, Inc. focuses on developing and marketing web hosting and data storage services through platforms such as Hostwizer.com, W8hosting.com, and JeyCloud.com. The company plans to offer free hosting supported by advertiser content and explore white labeling opportunities.
Operational Segment: The company operates as a single reporting segment focused on web hosting and data storage services. The Chief Executive Officer serves as the Chief Operating Decision Maker, evaluating performance based on net income (loss) as reported in the Statements of Operations.
Business Strategy: Cloudweb, Inc. is exploring options to further develop its web hosting and data storage services, including making hosting available for free with advertiser support and white labeling its services for other brands.
Future Outlook: The company acknowledges substantial doubt about its ability to continue as a going concern due to inadequate capital resources. It is exploring options to develop and market its services further but may need additional financing to execute its business plan.
Management's Discussion: Management highlighted an increase in net loss for the three months ended September 30, 2025, compared to the same period in 2024, primarily due to increased professional fees. For the nine months ended September 30, 2025, the net loss decreased slightly compared to the same period in 2024, attributed to a decrease in professional fees.
Liquidity and Capital Resources: As of September 30, 2025, the company had no cash or assets and a working capital deficiency of $699,036, an increase from $643,494 as of December 31, 2024. This increase was primarily due to accrued interest and amounts due to related parties.
Cash Flow Activities: During the nine months ended September 30, 2025, the company used $31,315 in operating activities, offset by the same amount provided by financing activities through advancements from the company's Director to cover operating expenses.
SEC Filing: