Fuss Brands Reports Q2 2025: No Revenue, Net Loss Declines Amid Luggage Contract Pursuit

Fuss Brands Corp. (OTCMKTS: CBPI) has reported its financial performance for the quarter ending April 30, 2025. The company continues to navigate its transformation from a shell status to an operating entity, primarily focusing on a significant luggage manufacturing contract valued at $925,000.

Key Financial Highlights:

• No Revenue Generated: Fuss Brands has not generated any revenue in the current quarter or the same period last year.
• Operating Expenses: Total operating expenses for three months ended April 30, 2025, amounted to $22,182, a significant decline from $2,632,596 in the previous year's quarter.
• Net Loss: The company reported a net loss of $23,442 for Q2 2025 compared to a net loss of $2,633,846 in Q2 2024.
• Weighted Average Shares Outstanding: The number of shares increased to 21,453,078 as of April 30, 2025, up from 19,090,078 as of the previous year.

Financial Position:

• Total Assets: At April 30, 2025, total assets were $236,108, slightly up from $228,180 at October 31, 2024.
• Total Liabilities: Liabilities rose to $1,021,804 from $915,501 in the previous report, highlighting increased obligations.
• Stockholders' Deficit: The stockholders' deficit increased to $785,696, indicating worsening financial health compared to $687,322 at the end of the last fiscal year.

Positive Aspects:

• Reduction in operating expenses signals improved management efficiency.
• Engagement in a significant contract suggests potential future revenue streams.

Negative Aspects:

• The company has not generated any revenue and continues to incur losses.
• Negative working capital of $785,696 and increasing liabilities pose a significant liquidity risk.
• Recent reports highlight doubt over the company's ability to continue as a going concern.

Fuss Brands is currently exploring additional financing options as it seeks to establish a viable business framework, having experienced high operational challenges. The management remains focused on fulfilling the outstanding luggage order while potentially seeking mergers or acquisitions for future growth.