M&A
confidence high
sentiment negative
materiality 0.60
BestGofer acquires LHIS for 20k shares; pro forma shows net loss, going concern doubt
BestGofer Inc.
- LHIS FY2024 revenue $4,233, net income $3,989; 9-mo to Aug 2025 revenue $5,462, net income $3,056.
- Acquired for 20,000 BestGofer shares on Aug 31, 2025; LHIS becomes wholly owned subsidiary.
- Pro forma FY2025 combined revenue $10,722, net loss $(22,692); BestGofer historical net loss $(25,748).
- Auditor flags substantial doubt about LHIS going concern; BestGofer also disclosed going concern doubt.
- LHIS is a Washington home inspection firm; due from related party $7,890 at Aug 31, 2025.