STARGUIDE GROUP, INC. Releases Q2 2024 10-Q Report

About this update from Starguide Group Inc.

STARGUIDE GROUP, INC., a company specializing in software product sales, advertising, and direct product sales, has released its Form 10-Q report for the second quarter of 2024. The report provides a detailed overview of the company's financial performance and operational activities for the six months ended July 31, 2024. Financial Highlights Revenue: $150,000, reflecting a significant 95% decline compared to the previous year.Gross Profit: $107,000, down 97% from the prior year.Net Loss: $(39,831,000), a 22% decrease compared to the same period last year, primarily due to reduced operating expenses.Net Loss Per Common Share: $(0.01), consistent with the previous year, indicating no change in loss per share despite the overall financial performance. Business Highlights Revenue Segments: The company recognized gross revenue of $150,000 for the six months ended July 31, 2024, primarily from software product sales, advertising, and direct product sales.Geographical Performance: The company operates in the U.S. and Great Britain, with its subsidiary Live Investments Holdings Ltd. and Live Lead Tech Ltd. based in London, focusing on cloud-based lead generation software.Future Outlook: The company intends to be an incubator for SaaS startups and is actively discussing potential acquisitions to bring under the Starguide corporate umbrella. Management is focused on obtaining additional funding and implementing strategic plans to continue as a going concern.SEC Filing:

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