GPO Plus, Inc. filed its quarterly report on Form 10-Q for the period ended July 31, 2026, disclosing financial results for the three months ended on that date, submitted to the SEC on October 29, 2026.

Key Highlights

  • Revenue: The company reported revenue of $1,295,507 for the three months ended July 31, 2026, compared to $1,302,172 for the same period in 2025, according to the filing.
  • Gross Profit: Gross profit was $298,163 for the quarter, down from $376,298 in the prior-year comparable period, as the filing disclosed.
  • Loss from Operations: The company reported a loss from operations of $468,285 for the three months ended July 31, 2026, versus a loss of $423,850 in the year-earlier quarter.
  • Total Assets: Total assets stood at $509,684 as of July 31, 2026, compared to $496,860 as of April 30, 2026, per the balance sheet.
  • Stockholders' Deficit: The filing reported a total stockholders' deficit of $8,855,126 as of July 31, 2026, versus $8,316,393 as of April 30, 2026.
  • Accumulated Deficit: Accumulated deficit reached $46,980,971 as of July 31, 2026, according to the filing.
  • Shares Outstanding: Common shares issued and outstanding were 126,807,790 as of October 27, 2026, the filing stated.

GPO Plus Q1 FY2027 Financial Position and Operating Results

According to the Form 10-Q filed by GPO Plus, Inc. (Commission File Number 333-213744), a Nevada corporation headquartered in Las Vegas, the company generated revenue of $1,295,507 for the three months ended July 31, 2026. Cost of revenue was $997,344, producing a gross profit of $298,163. Total operating expenses for the period were $766,448, which included general and administrative expenses of $518,697 and professional fees of $199,103, the latter including stock-based compensation of $121,099.

The filing disclosed a loss from operations of $468,285 for the quarter. Interest expense of $316,700 contributed to total other expense of $316,430, the company reported. On the balance sheet as of July 31, 2026, current liabilities totaled $7,283,271, including accounts payable and accrued liabilities of $1,015,542, accrued interest of $739,968, and promissory notes payable of $4,011,616, net of a debt discount of $95,258. The company also carried stock payable of $861,654 and stock payable to related parties of $49,839.

The filing reported that the company held cash of $56,210 as of July 31, 2026, up from $7,506 as of April 30, 2026. Finance lease right-of-use assets, net, were $326,374. Total liabilities were $7,447,656 as of the quarter-end date. The company's securities are not registered on any national exchange, as the cover page indicates "N/A" for trading symbol and exchange under Section 12(b) of the Act. The company identified itself as a non-accelerated filer, smaller reporting company, and emerging growth company. The filing noted that forward-looking statements are subject to the cautionary language described therein and in the company's Annual Report on Form 10-K filed September 11, 2025.

What Was Disclosed

GPO Plus, Inc. disclosed unaudited condensed financial statements for the quarter ended July 31, 2026, showing revenue of $1,295,507, a loss from operations of $468,285, total assets of $509,684, and a total stockholders' deficit of $8,855,126, with 126,807,790 common shares outstanding as of October 27, 2026.