Home / Going-concern warnings / Ezagoo Ltd

5/5Ezagoo Ltd (EZOO): Going-concern doubt

Filed 2025-05-15 路 Form 10-K 路 Accession 0001641172-25-010460 nano

Market data

Price before filing: $0.247 (2025-05-14 close, split/dividend-adjusted)
Market cap at flag: $29.6M (2025-05-15) 路 Latest: $239,914 (2026-10-12)

What happened next

WindowEZOOSPYvs SPY
30 days+0.0%+2.6%-2.6%2025-06-16
90 days+0.0%+10.1%-10.1%2025-08-13
180 days-91.1%+16.9%-108.0%2025-11-11

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As discussed in Note 2 to the consolidated financial statements, the Company has an accumulated deficit of $5,324,244, net current liabilities of $3,566,393, negative operating cashflows of $620,934 and operated a net loss of $585,330 that raises substantial doubt about its ability to continue as a going concern."

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.

Going-concern opinion issued by: Enrome LLP
Source: independent auditor report in Form 10-K (period 2024-12-31)

Why this score: in auditor's report; also within 90 days: Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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