Key Highlights from the Financial Report

Overview of the Company’s Financial Performance

The financial report does not provide a comprehensive overview of the company’s financial performance. However, it does touch on a few key points:

1. Inflation Impact: The report states that the company does not believe inflation has had a material effect on its business. However, it acknowledges that if costs, particularly in areas like sales, marketing, and hosting, were to face significant inflationary pressures, the company may not be able to fully offset those higher costs through price increases, which could harm the business.

2. Risk Exposure: The report indicates that there have been no changes since the end of the last fiscal year in the company’s primary market risk exposures or the management of those exposures, and the company does not expect any changes going forward.

Revenue and Profit Trends

The financial report does not provide any specific details on the company’s revenue or profit trends. It focuses more on the company’s internal controls and procedures.

Analysis of Strengths and Weaknesses

The report does not explicitly discuss the company’s strengths and weaknesses. However, it does provide some insights into the company’s internal controls and procedures:

Strengths:

• The company’s management has evaluated and concluded that the company’s disclosure controls and procedures were effective as of March 31, 2025 to ensure that information required to be disclosed was recorded, processed, summarized, and reported within the required time periods.
• The company has established and maintains adequate internal control over financial reporting to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements.

Weaknesses:

• The report acknowledges that the company’s management, including the CEO and CFO, does not expect that the company’s disclosure controls and procedures or internal controls over financial reporting will prevent all errors and fraud. The report states that a control system, no matter how well designed and operated, can only provide reasonable, not absolute, assurance that the objectives of the control system are met.

Outlook for the Future

The financial report does not provide any specific outlook or forward-looking statements about the company’s future. It focuses solely on the company’s current internal controls and procedures.