Cloudweb, Inc. SEC 10-Q Report

Cloudweb, Inc., a Florida-based corporation specializing in web hosting and data storage services, has released its Form 10-Q report for the first quarter of 2025. The report provides insights into the company's financial performance and operational highlights, reflecting its ongoing efforts to establish a foothold in the competitive web hosting industry.

Financial Highlights

Net Loss: $25,952. The net loss for the three months ended March 31, 2025, was slightly higher than the net loss of $25,942 for the same period in 2024.

Net Loss Per Share: Basic and Diluted: $(0.00). The net loss per share remained unchanged compared to the same period last year.

Operating Expenses: $17,009. Operating expenses increased marginally by $109 or 1% compared to the same period in 2024.

Other Expenses: $8,943. Other expenses decreased by $99 or 1% compared to the same period in 2024.

Business Highlights

Company Overview: Cloudweb, Inc. is focused on developing and marketing web hosting and data storage services. The company operates under the brand names Hostwizer.com, W8hosting.com, and JeyCloud.com.

Business Strategy: The company is exploring options to offer free hosting services supported by advertiser content and is considering white labeling its services to allow other brands to use its platforms.

Operational Segment: Cloudweb, Inc. operates as a single reporting segment focused on web hosting and data storage services. The Chief Executive Officer is the chief operating decision maker.

Future Outlook: The company is in the development stage and plans to commence operations in the web hosting and data storage service segment. The management is focused on achieving profitability to support growth and expansion.

Going Concern: The company has expressed concerns about its ability to continue as a going concern due to insufficient capital resources to execute its business plan. It is exploring additional financing options to support its operations.

SEC Filing: Cloudweb, Inc. [ CLOW ] - 10-Q - May. 05, 2025