U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

☒[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended ~~AUGUST~~August 31, ~~2024~~2025

☐ [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File No. 333-275161

E-SMART CORP.

(Exact name of registrant as specified in its charter)

Nevada	7371	EIN 35-2810816
(State or Other Jurisdiction of Incorporation or Organization)	(Primary Standard Industrial Classification Number)	(IRS Employer Identification Number)

Diana Vasylenko

7311 Oxford Ave

Philadelphia, PA 19111

Tel. +1620-3079197

Email: office@e-smart.io

(Address, including zip code,

and telephone number, including area code,

of registrant’s principal executive offices)

BizFilings

8020 Excelsior Dr #200, Madison, WI 53717
Tel. 1-800-981-7183
Email: info@BizFilings.com

(Name, address, including zip code, and telephone number, including area code, of agent for service)

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No [X]

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ [X]

Indicate by ~~check~~checkmark ~~mark~~whether if the ~~registrant~~issuer: is(1) ~~not~~has ~~required~~filed toall ~~file~~ reports ~~pursuant~~required to be filed by Section 13 or ~~Section~~ 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☐ [X] No ☒[ ]

Indicate by ~~checkmark~~check mark whether the ~~issuer:~~registrant ~~(1)~~ has ~~filed~~submitted ~~all~~electronically ~~reports~~every Interactive Data File required to be ~~filed~~submitted bypursuant ~~Section~~to 13Rule 405 orof 15Regulation S-T (d)§ 232.405 of ~~the~~this ~~Exchange~~chapter) ~~Act~~ during the ~~past~~ preceding 12 months (or for such shorter period that the registrant was required to ~~file~~submit such ~~reports~~files)~~, and (2) has been subject to such filing requirements for the past 90 days~~. Yes ☒[X] No ☐[ ]

~~Indicate by~~Large ~~check~~accelerated ~~mark~~filer ~~whether~~[ ~~the~~] ~~registrant~~Accelerated ~~has~~filer ~~submitted~~[ ~~electronically~~] ~~every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S~~Non-Taccelerated (§filer ~~232.405~~[X] ofSmaller ~~this~~reporting ~~chapter)~~company ~~during~~[X] ~~the~~Emerging ~~preceding~~growth 12company ~~months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐~~[X]

~~Large~~If an ~~accelerated~~emerging ~~Filer~~growth ☐company, ~~Accelerated~~indicate ~~Filer~~by ☐check ~~Non-accelerated~~mark ~~Filer~~if ☒the ~~Smaller~~registrant ~~reporting~~has ~~company~~elected ☒not ~~Emerging~~to ~~growth~~use ~~company~~the ☒extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

If ~~an emerging~~ ~~growth~~securities ~~company,~~are ~~indicate~~registered bypursuant ~~check~~to ~~mark~~Section if12(b) of the ~~registrant~~Act, ~~has~~indicate ~~elected~~by ~~not~~check tomark ~~use~~whether the ~~extended~~financial ~~transition~~statements ~~period~~of ~~for~~the ~~complying~~registrant included ~~with~~in ~~any new~~the orfiling ~~revised~~reflect ~~financial~~the ~~accounting~~correction ~~standards~~of ~~provided~~an ~~pursuant~~error to ~~Section~~previously ~~13(a)~~issued offinancial ~~the~~statements ~~Exchange~~[ ~~Act. ☐~~]

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐[ ] No ☒ [X]

Applicable Only to Issuer Involved in Bankruptcy Proceedings During the Preceding Five Years. N/A

~~Indicate~~The byaggregate ~~checkmark~~market ~~whether~~value ~~the~~of ~~issuer~~voting ~~has~~stock ~~filed~~held ~~all~~by ~~documents~~non-affiliates ~~and~~of ~~reports~~the ~~required~~registrant, toas beof ~~filed~~August by31, ~~Section 12~~2025, 13the ~~and~~last ~~15(d)~~business day of the ~~Securities~~ ~~Exchange~~registrant’s ~~Act~~most ofrecently ~~1934~~completed ~~after~~fiscal ~~the~~year ~~distribution~~, ofwas ~~securities under a plan confirmed by a court~~$0. ~~Yes ☐ No ☒~~

~~The~~Indicate ~~aggregate~~by ~~market~~checkmark ~~value~~whether of the ~~voting~~issuer has filed all documents and ~~non-voting~~reports ~~stock~~required ~~held~~to be filed by ~~non-affiliates~~Section of12, ~~the~~13 ~~registrant~~and as15(d) of the ~~last~~Securities Exchange ~~business~~Act ~~day~~ of ~~the registrant’s~~1934 ~~most~~after ~~recently~~the ~~completed~~distribution ~~fiscal~~of ~~year~~securities ~~was~~under 0$a asplan ofconfirmed ~~August~~by ~~31,~~a ~~2024~~court. Yes [ ] No [X]

Class	Outstanding as of ~~December~~November 1226, ~~2024~~2025
Common Stock: $0.001	5,799,469

TABLE OF CONTENTS

	PART I
ITEM 1	Description of Business	45
ITEM 1A	Risk Factors	56
ITEM 1B	Unresolved Staff comments	56
ITEM 2	Properties	56
ITEM 3	Legal Proceedings	56
ITEM 4	Mine Safety Disclosures	56
	PART II
ITEM 5	Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities	67
ITEM 6	Selected Financial Data	67
ITEM 7	Management's Discussion and Analysis of Financial Condition and Results of Operations	68
ITEM 7A	Quantitative and Qualitative Disclosures about Market Risk	810
ITEM 8	Financial Statements and Supplementary Data	810
ITEM 9	Changes In and Disagreements with Accountants on Accounting and Financial Disclosure	910
ITEM 9A	Controls and Procedures	910
ITEM 9B	Other Information	1012
ITEM 9C	Disclosure Regarding foreign Jurisdictions that Prevent Inspections	1012
	PART III
ITEM 10	Directors, Executive Officers, Promoters and Control Persons of the Company	1113
ITEM 11	Executive Compensation	1214
ITEM 12	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	1214
ITEM 13	Certain Relationships and Related Transactions	1315
ITEM 14	Principal Accountant Fees and Services	1315
	PART IV
ITEM 15	Exhibits	1416
ITEM 16	Form 10-K Summary	1416

FORWARD-LOOKING STATEMENTS

This annual report contains forward-looking statements. These statements relate to future events or our future financial performance. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

Forward-Looking Statements

PART I

Item 1. Description of Business

GENERAL INFORMATION ABOUT OUR COMPANY

E-Smart Corp. (“the Company”, “we”, “us” or “our”) was incorporated on June 6, 2023 under the laws of the State of Nevada United States of America. E-Smart Corp. is an innovative digital platform that aims to revolutionize the tattoo industry by efficiently connecting tattoo artists and clients. Our platform is designed to enhance efficiency, simplifying the client-artist interaction process to meet the requirements of both clients and tattoo studios.

Our platform ensures a seamless experience for all users, providing a comprehensive database of skilled tattoo artists. Artists can easily showcase their exceptional work, and expand their client base. By including essential information and direct links to their social media profiles, we facilitate convenient access for users to view portfolios and initiate contact with their preferred artists. Masters interested in joining our platform shall contact us through our designated contacts and apply for inclusion in the database. Our primary executive office is located at 7311 Oxford Ave Philadelphia, PA 19111, and we can be reached via phone at +16203079197.

Our Web Site

Our website is located at https://e-smart.io.

Monetization Strategy

Our monetization strategy ~~includes~~ includes offering an API - AI textual tattoo idea generator, enabling businesses and developers to leverage our technology to enhance their own ~~products~~ ~~and services. Businesses and developers can integrate this technology into their~~ products and services ~~by subscribing to the API~~. This API is provided on a subscription basis, offering different tiers such as a 14-day pass and a 30-day pass. To obtain an AI key for API access, users can choose a pricing plan on our website and initiate contact by using the designated button, submitting their request. Additionally, we are exploring other revenue avenues, including premium features, and strategic partnerships with tattoo-related businesses. Exploring collaborations with tattoo supply companies, tattoo equipment manufacturers, and other industry partnersis essential for long-term growth and revenue diversification. Continuous assessment of market trends and customer feedback will guide us in refining and expanding the functionality of our platform to unlock additional monetization opportunities.

Businesses and developers can integrate this technology into their products and services by subscribing to the API. This API is provided on a subscription basis, offering different tiers such as a 14-day pass and a 30-day pass. To obtain an AI key for API access, users can choose a pricing plan on our website and initiate contact by using the designated button, submitting their request. Additionally, we are exploring other revenue avenues, including premium features, and strategic partnerships with tattoo-related businesses.

Exploring collaborations with tattoo supply companies, tattoo equipment manufacturers, and other industry partners is essential for long-term growth and revenue diversification.

Continuous assessment of market trends and customer feedback will guide us in refining and expanding the functionality of our platform to unlock additional monetization opportunities.

Competition

WeE-Smart ~~operate~~operates in a highly ~~competitive~~ competitive landscape within the tattoo industry, where innovation and efficient customer engagement are critical for success. The Company's digital platform aims to revolutionize the way tattoo artists and clients interact, focusing on time-saving solutions and a comprehensive range of services.

~~Marketing~~5

~~We have allocated~~Promotion ~~funds for promoting our platform to attract a diverse user base, including tattoo artists~~ and clients. Our comprehensive advertising campaign aims to increase platform visibility and drive user acquisition. To effectively reach our target audience, we will leverage social media marketing, online advertising channels, and strategic partnerships with industry influencers. We plan to develop compelling promotional materials, including videos, to showcase the platform's features and benefits, generating excitement and engagement. Depending on available funding, we may engage with promotional firms to accelerate our marketing efforts. Consideration will be given to investing in a year-long subscription for Google Adwords, providing a quality SEO campaign to improve our search engine visibility. Achieving all 100% of the shares sold would enable us to execute a comprehensive marketing strategy and maximize our promotional efforts.Marketing

4We have budgeted funds to promote our platform to attract a diverse user base, including tattoo artists and clients. Our comprehensive advertising campaign aims to increase platform visibility and drive user acquisition. To effectively reach our target audience, we will leverage social media marketing, online advertising channels, and strategic partnerships with industry influencers. We plan to develop compelling promotional materials, including videos, to showcase the platform's features and benefits, generating excitement and engagement. Depending on the availability of funds, we may engage with promotional firms to accelerate our marketing efforts. Consideration will be given to investing in a year-long subscription for Google Adwords, providing a quality SEO campaign to improve our search engine visibility.

~~Employees~~Significant ~~and~~Employees ~~Employment Agreements~~

AtWe ~~present, we~~do ~~have~~not currently have any significant employees aside from Ms. Vasylenko.

Item 1A. Risk Factors

Not required for ~~Smaller~~smaller reporting companies.

Item 1B. Unresolved Staff Comments

Not required for ~~Smaller~~smaller reporting companies.

Item 2. Properties

We maintain our statutory registered agent's office ~~in Nevada~~at, USA and ~~our~~current ~~mailing~~location ~~address~~ is at 7311 Oxford Ave, Philadelphia, PA 19111. Our phone number is +16203079197.

Item 3. Legal Proceedings

We are not currently a party to any legal proceedings, and we are not aware of any pending or potential legal actions.

Item 4. Mine Safety Disclosures

Not Applicable.

PART II

The company stock is not trading at the moment.

Registered Holders of our Common Stock

As of August 31, ~~2024~~2025, ~~there were 1 record owners of our common stock including~~ the ~~director. Diana Vasylenko~~5, ~~the Company’s Director~~799,469 ~~paid~~issued ~~$0.001 per~~and ~~share~~outstanding ~~for the 4,500,000~~ shares of common stock ~~she~~were ~~purchased~~held ~~from~~by ~~the~~a ~~Company~~total onof ~~June~~32 ~~30,~~shareholder ~~2023~~of record.

Dividends

The Company has never declared or paid cash dividends on its common stock and does not anticipate paying cash dividends in the foreseeable future.

Recent Sales of Unregistered Securities

During our fiscal years ended August 31, ~~2024~~2025 and ~~2023~~2024, we had no sales of unregistered shares.

Issuer Purchases of Equity Securities

During the fiscal year ended August 31, ~~2024~~2025 and ~~2023~~2024, the Company did not repurchase any shares of its Common Stock.

Item 6. Selected Financial Data

Not applicable to smaller reporting companies.

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

We are a development stage corporation with limited operations and nominimal revenues from our business operations. Our auditors have issued a going concern opinion. This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next twelve months. We do not anticipate that we will generate significant revenues until we have raised the funds necessary to conduct a marketing program.

~~PLAN~~The OFfollowing discussion ~~OPERATIONS~~of our financial condition and results of operations should be read in conjunction with (i) our audited financial statements as of August 31, 2025, that appear elsewhere in this filing. This filing contains certain forward-looking statements and our future operating results could differ materially from those discussed herein. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such factors or to announce publicly the results of any revisions of the forward -looking statements contained herein to reflect future events or developments.

~~FISCAL~~In ~~YEAR ENDED AUGUST 31, 2024 COMPARED TO FISCAL YEAR ENDED AUGUST 31, 2023~~General

~~During~~E-Smart ~~the~~Corp. ~~years~~(“Company”) was ~~ended~~incorporated ~~August~~on 31June 06, 2023 under the laws of Nevada. We are a Nevada-incorporated Company focused on creating a platform that facilitates ~~2024~~interaction between tattoo artists and ~~2023~~enthusiasts. weOur ~~have~~product ~~generated~~serves $0as a combined professional profile and ~~$11~~artistic showcase for tattoo artists,~~562~~ enabling them to present their expertise and history in ~~revenues~~an aesthetically pleasing format. This platform simplifies the process for employers to identify and locate skilled artists within their vicinity. Moreover, ~~respectively~~our service offers users the capability to generate preliminary tattoo sketches through an AI-driven tattoo design tool.

~~Our~~E-Smart is ~~net~~a ~~loss for~~dynamic ~~the~~and ~~fiscal~~forward-thinking ~~year~~digital ~~ended~~platform ~~August~~that ~~31,~~connects ~~2024~~tattoo ~~was~~artists ~~$41~~and clients seamlessly. By leveraging advanced technologies,~~236~~ offering ~~compared~~comprehensive toservices, aand ~~net~~prioritizing ~~loss~~user ofconvenience, we ~~$979~~provide ~~during~~an ~~the~~unparalleled ~~fiscal~~experience ~~year~~for ~~ended~~all ~~August~~stakeholders ~~31,~~in the ~~2023~~tattoo industry.

~~Operating expenses~~Plan ~~incurred were $45,925 during fiscal year ended August 31, 2024 compared to $990 during fiscal year ended August 31, 2023. Operating expenses consist~~ of ~~mainly accumulated depreciation and professional fees.~~Operations

~~The number~~Fiscal ofyear ~~shares~~ended ~~outstanding~~August ~~was 4~~31,~~500,000~~ ~~for~~2025 ~~the~~compared to fiscal ~~years~~year ended August 31, 2024 ~~and 2023.~~

6During the years ended August 31, 2025 and 2024 we have generated $29,247 and $11,562 in revenues, respectively.

~~LIQUIDITY~~Our net loss ~~AND~~for ~~CAPITAL~~the ~~RESOURCES~~fiscal year ended August 31, 2025 was $68,034 compared to a net loss of $41,236 during the fiscal year ended August 31, 2024.

~~FISCAL YEAR~~Operating ~~ENDED~~expenses ~~AUGUST~~incurred were $87,388 during fiscal year ended August 31, 2025 compared to $45,925 during fiscal year ended August 31, 2024. Operating ~~AND~~expenses ~~2023~~consist primarily of accumulated depreciation, server rental expenses, and professional services expenses.

As of August 31, 2024, our total assets were $149,489 consisting of $546 cash and $148,942 intangible assets. As of August 31, 2023, our total assets were $16,725 consisting of $225 cash and $16,500 intangible assets.8

~~For~~The ~~the~~number ~~year~~of ~~ended~~shares ~~August~~outstanding 31was 5, ~~2024~~799, ~~net~~469 ~~cash~~and ~~flows used in operating activities was $10~~4,~~973.~~500,000 ~~For~~for the ~~year~~fiscal years ended August 31, ~~2023,~~2025 ~~net~~and ~~cash~~2024, ~~flows used in operating activities was $521~~respectively.

~~Cash~~Liquidity ~~Flows~~and ~~in Investing~~Capital ~~Activities~~Resources

~~For the year ended August 31,~~Fiscal ~~2024, net cash flows generated in investing activities was $157,300. For the~~ year ended August 31, ~~2023,~~2025 ~~net~~and ~~cash flows generated in investing activities was $16,500.~~ 2024

As of August 31, 2025, our total assets were $141,281 consisting of $6,825 current assets, $20,274 other current assets and $114,182 intangible assets. As of August 31, 2024, our total assets were $149,488 consisting of $546 cash and $148,942 intangible assets.

Cash Flows from Operating Activities

For the year ended August 31, 2025, net cash flows used in operating activities was $43,452. For the year ended August 31, 2024, net cash flows used in operating activities was $10,973.

Cash Flows from Investing Activities

There was no net cash flow from investing activities for the year ended August 31, 2025. For the year ended August 31, 2024, net cash flows generated from investing activities was $157,300.

Cash Flows from Financing Activities

For the year ended August 31, ~~2024~~2025, net cash flows provided by financing activities was $~~168~~49,~~594~~731 from director loan and capital stock. For the year ended August 31, ~~2023~~2024, net cash flows provided by financing activities was $16168,~~203~~594 from director loan ~~and capital stock~~.

~~OFF~~Off-~~BALANCE SHEET~~Balance ~~ARRANGEMENTS~~Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. The Company currently has loses and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Therefore, there is substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at August 31, 2024. and for the related periods presented.

Critical Accounting Policies

The discussion and analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with the accounting principles generally accepted in the United States of America. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financial statements.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these ~~good faith~~ estimates and judgments.

Recent Accounting Pronouncements

The Company considers all new pronouncements and management has determined that there have been no recently adopted or issued accounting standards that had or will have a material impact on its financial statements

Item 7A. Quantitative and Qualitative Disclosures about Market Risk

Not applicable to smaller reporting companies.

Item 8. Financial Statements and Supplementary Data

The Company’s Financial Statements required by Item 8, together with the reports thereon of the Independent Registered Public Accounting Firm are set forth on pages F-1 through F-11 of this report and are incorporated by reference in this Item 8.

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial ~~Disclosures~~Disclosure

~~(a)~~We ~~Dismissal of~~have ~~Independent~~had ~~Registered~~no ~~Public~~changes ~~Accounting~~in ~~Firm~~or disagreements with our independent registered public accountant.

On October 15, 2024, our Board of Directors approved the dismissal of Olayinka Oyebola & Co. (the "Former Auditor") as the Registrant's independent registered public accounting firm, effective immediately.

The reports of the Former Auditor on the Company’s financial statements for the period from June 6, 2023 (inception) through May 31, 2024 did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope or accounting principles except that the report contained an explanatory paragraph stating that there was substantial doubt about the Company’s ability to continue as a going concern. During the period September 5, 2023, the date of our engagement with Former Auditor, and October 15, 2024, the date of dismissal, the Company did not experience any disagreements, as defined in Item 304(a)(1)(iv) of Regulation S-K, between itself and Former Auditor on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to Former Auditor’s satisfaction, would have caused Former Auditor to make reference to such disagreements in its audit reports. During the period June 6, 2023 (inception) through the date of the Former Auditor’s termination on October 15, 2024, there were no “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K).

The Company provided Former Auditor with a copy of the above disclosures and requested that Former Auditor provide the Company with a letter addressed to the SEC stating whether or not it agrees with the statements made above. A copy of Former Auditor’s letter dated October 16, 2024 was furnished as Exhibit 16.1 to the current report on Form 8-K filed with the SEC by the Company on October 16, 2024.

(b) Appointment of Independent Registered Public Accounting Firm

On October 16, 2024, our Board of Directors approved the appointment of Victor Mokuolu CPA PLLC, as the Company's new independent registered public accounting firm for the year ended August 31, 2024.

During the Company’s fiscal years ended August 31, 2024 and August 31, 2023, and the subsequent interim period through the date of this report, neither the Company, nor anyone on its behalf has consulted with Victor Mokuolu CPA PLLC regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed , or the type of audit opinion that might be rendered with respect to the consolidated financial statements of the Company, and no written report or oral advice was provided to the Company by Victor Mokuolu CPA PLLC, that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of a "disagreement" (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).

Item 9A. Controls and Procedures. Disclosure Controls and Procedures

Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the SEC’s rules and forms, and that such information is accumulated and communicated to management, including the CEO and CFO, as appropriate, to allow timely decisions regarding required disclosures. Our management necessarily applied its judgment in assessing the costs and benefits of such controls and procedures, which, by their nature, can provide only reasonable assurance regarding management’s control objectives.

Our management, with the participation of our CEO, evaluated the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this Report. Based upon this evaluation, our CEO concluded that our disclosure controls and procedures were not effective because of the identification of a material weakness in our internal control over financial reporting which is described below.

Management’s Report on Internal Control Over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Rule 13a-15(f). Our internal control over financial reporting is a process designed to provide reasonable assurance to our management and board of directors regarding the reliability of financial reporting and the preparation of the financial statements for external purposes in accordance with U.S. GAAP.

Our internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. GAAP and our receipts and expenditures are being made only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of our assets that could have a material effect on our financial statements.

A ~~material~~ material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a ~~reasonable~~ reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of August 31, ~~2024~~2025, the Company determined that there were control deficiencies that constituted material weaknesses, as described below.

·The Company ~~Corporate~~does ~~governance~~not -have ~~Key~~an ~~management~~adequate ~~personnel~~internal control structure or adequate oversight over financial reporting – The Company has only one member of management whom is also the Company’s ~~and~~sole ~~members~~director, ontherefore the ~~Board~~Company oflacks ~~Directors~~adequate ~~are~~segregation of duties. Further, the ~~same~~Company currently has no Audit Committee. ~~Functional~~While ~~responsibilities~~not ~~under~~being ~~corporate~~legally ~~governance~~obligated ~~are~~to ~~performed~~have byan aaudit ~~director~~committee, ~~who~~it is ~~also~~management’s ~~the~~view that ~~Company's~~such ~~Chief~~a ~~Executive~~committee, ~~Officer.~~including ~~There~~a financial expert member, is noan ~~audit~~utmost ~~committee~~important entity level control over the Company’s financial statement. ~~Consequently,~~Currently ~~these~~the ~~factors~~Board ~~result~~of Directors acts in ~~ineffective~~the ~~oversight~~capacity inof the ~~establishment~~Audit Committee, and ~~monitoring~~does not include a member that is considered to be independent of ~~required~~management ~~internal~~to ~~controls~~provide ~~and~~the ~~procedures~~necessary oversight over management’s activities. Lastly, ~~resulting~~due into ~~inadequate~~the ~~evaluation~~minimal operations and small size of the ~~application~~Company ofwe ~~accounting~~have ~~principles~~not ~~and~~employed ~~disclosures.~~individuals ~~Additionally,~~that ~~there~~have isthe ~~significant~~necessary ~~risk~~accounting ofknowledge ~~management~~and ~~override~~expertise ofto ~~controls~~ensure accurate financial reporting under US GAAP.

·The ~~Absence~~Company lacks ofappropriate ~~audit~~information ~~committee~~technology ~~and~~controls ~~internal~~- ~~audit~~As ~~function~~of ~~results~~August in31, ~~ineffective~~2025, ~~oversight in~~ the ~~establishment~~Company ~~and~~retains ~~monitoring~~copies of ~~required~~all ~~internal~~financial ~~controls~~data and ~~procedures~~material agreements; however, ~~resulting~~there inis ~~inadequate~~no ~~evaluation~~formal ofprocedure ~~the~~or ~~application~~evidence of ~~accounting~~normal ~~principles~~backup ~~and~~of ~~disclosures.~~the ~~Currently~~Company’s ~~the~~data ~~Board~~or ofoff-site ~~Directors~~storage ~~acts~~of data in the ~~capacity~~event of ~~the~~theft, ~~Audit~~misplacement, ~~Committee~~or ~~and~~loss ~~does~~due ~~not include a member that is independent of management~~ to ~~provide~~unmitigated ~~the necessary oversight over management’s activities~~factors.

911

Policies and procedures

· Risk Assessment - not having a sufficiently documented risk assessment process to identify and analyze risks of misstatement due to error and/or fraud, and not having sufficiently documented compliance communication and investigation policies.

· Lack of formal policies and procedures results in ineffective controls over routine accounting transactions processing and financial reporting.

Accounting, Financial Close and Reporting

· The Company does not have enough skilled accounting resources supporting the financial close and reporting processes to ensure (i) changes and entry to spreadsheets utilized in the financial reporting process were properly reviewed, (ii) significant estimates and judgments were adequately supported, reviewed, approved and evaluated against actual experiences, (iii) effective and timely analysis and reconciliation of significant accounts, and (iv) a proper review of period close entries and procedures.

· Failure to properly design financial closing and reporting process to record, review, and monitor compliance with generally accepted accounting principles for transactions on a timely basis.

· Inadequate Internal Controls: The Company has only one member of management who is also the Company’s sole director, therefore the Company lacks adequate segregation of duties.

· Inadequate IT Controls: As of August 31, 2024, the Company retains copies of all financial data and material agreements; however, there is no formal procedure or evidence of normal backup of the Company’s data or off-site storage of data in the event of theft, misplacement, or loss due to unmitigated factors.

Accordingly, the Company concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis by the company’s internal controls.

As a result of the material weaknesses described above, management has concluded that the Company did not maintain effective internal control over financial reporting as of August 31, ~~2024~~2025, based on criteria established in Internal Control- Integrated Framework issued by COSO in 2013.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting that occurred during the ~~quarter~~year ended August 31, ~~2024~~2025, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Item 9B. Other Information

None.

Item 9C. Disclosures Regarding Foreign Jurisdictions that Prevent Inspections

Not Applicable.

1012

PART III

Item 10. Directors, Executive Officers, and Corporate Governance

The name, age and titles of our executive officer and Director are as follows:

Name and Address of Executive Officer and/or Director		Age		Position
Diana Vasylenko 7311 Oxford Ave Philadelphia, PA 19111		2526		President, Treasurer, Secretary and Director (Principal Executive, Financial and Accounting Officer)

The person named above has held his offices/positions since the inception of our Company and is expected to hold said offices/positions until the next annual meeting of our stockholders.

Resume

Diana Vasylenko has served as our Director since the inception of E-Smart Corp. on June 6, 2023.

In 2020, she graduated from Prague University of Economics and Business with a degree in International Business. ~~Ms. Vasylenko has also completed an IT Professional Certification Program in 2018 and a Brand Management course in 2021, enhancing her expertise in strategic brand development and market positioning.~~

~~Delinquent~~In addition, ~~Section~~Ms. ~~16(~~Vasylenko expanded her skillset by undertaking an IT course in 2018, specifically the 'IT Professional Certification Program,' which has equipped her with a) ~~Reports~~solid foundation in information technology. Furthermore, she completed a brand management course in 2021, which provided her with expertise in strategic brand development, market positioning, and effective brand communication strategies. This strategic decision aligns her expertise in the beauty and body art industry with brand management principles, enhancing her ability to strategically position and promote our products and services.

Our ~~common~~sole ~~stock~~Director isdevotes ~~not~~40 ~~registered~~hours ~~pursuant~~a week to ~~Section~~planning 12and oforganizing the ~~Exchange~~activities ~~Act~~ of ~~1934,~~E-Smart ~~as amended (the “Exchange Act”)~~Corp. ~~Accordingly, our~~She ~~officers,~~is ~~directors~~not ~~and~~engaged ~~principal~~in ~~stockholders~~any ~~are~~full-time ~~not~~employment or ~~subject~~significant tobusiness ~~the~~commitments ~~beneficial~~apart ~~ownership~~from ~~reporting~~her ~~requirements~~responsibilities ofat ~~Section~~E-Smart ~~16(a) of the Exchange Act~~Corp.

Code of Business Conduct

We have not adopted a Code of Business Conduct within the meaning of Item 406(b) of Regulation S-K.

Board Committees

We do not have any Board Committees.

1113

Item 11. Executive Compensation

The table below summarizes the total compensation earned by each of our named executive Officers (“NEOs”) for each of the fiscal years listed.

~~SUMMARY COMPENSATION~~Summary ~~TABLE~~Compensation Table

Name	Position	Year	Salary ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	All Other Compensation	Total Compensation ($)
Diana Vasylenko	President, Treasurer, Secretary and Director	~~2024~~2025	-0-	-0-	-0-	-0-	-0-	-0-	-0-
		2023	-0-	-0-	-0-	-0-	-0-	-0-	-0-
		2024	-0-	-0-	-0-	-0-	-0-	-0-	-0-

Since Inception on June 6, 2023, Diana Vasylenko only member of our Board of Director was not compensated for her services.

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matter

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

Directors and Executive Officers

The following table sets forth the beneficial ownership (and the percentages of outstanding shares represented by such beneficial ownership) as of August 31, ~~2024~~2025 of (i) each director, (ii) the current NEOs named in the “Summary Compensation Table” contained in this Form 10-K and (iii) all current directors and executive officers as a group. Except as otherwise indicated, we believe that the beneficial owners of the common stock listed below, based on information provided by such owners, have sole investment and voting power with respect to such shares, subject to community property laws where applicable. Persons, who have the power to vote or dispose of common stock of the Company, either alone or jointly with others, are deemed to be beneficial owners of such common stock.

Diana Vasylenko, President, CEO, Treasurer, Secretary and Chairman of the Board. 4,500,000 shares

Beneficial Owner*	Number of Shares	Owned Percent of Class**
Diana Vasylenko	4,500,000	77.59%

~~Certain~~ (*) ~~Stockholders~~Beneficial ownership is determined in accordance with the rules of the SEC which generally attribute beneficial ownership of securities to persons who possess sole or shared voting power and/or investment power with respect to those securities.

~~The following~~(**) ~~table~~Percent ~~sets~~of ~~forth~~class ~~certain~~is ~~information~~calculated ~~with~~on ~~respect to each person known by us to be~~ the ~~beneficial~~basis ~~owner~~ of ~~five~~the ~~percent~~number ~~or more~~ of ~~either class~~fully ofdiluted ~~the~~shares ~~Company’s~~ outstanding ~~common~~on ~~stock.~~November ~~The content of this table is based upon the most current information contained in Schedules 13D or 13G filings with the SEC~~26, ~~unless~~2025 ~~more~~- ~~recent information was obtained~~5,799,469.

~~Diana Vasylenko, President, CEO, Treasurer, Secretary and Chairman of the Board. 100%~~14

~~CERTAIN RELATIONSHIPS~~Certain ~~AND~~Relationships ~~RELATED~~and ~~PARTY~~Related ~~TRANSACTIONS~~Transactions

OnIt ~~June~~is 30our practice and policy to comply with all applicable laws, ~~2023~~rules and regulations regarding related person transactions, including the ~~Company~~Sarbanes-Oxley ~~issued~~Act 4of 2002. A related person is an executive officer,~~500~~ director or more than 5% stockholder of E-Smart Corp.,~~000~~ including any ~~shares~~immediate family members, and any entity owned or controlled by such persons. Our Board of ~~common~~Directors ~~stock~~(excluding toany ~~its~~interested ~~President~~director) is charged with reviewing and ~~Incorporator, Diana~~approving ~~Vasylenko~~all related-person transactions, atand $0a special committee of our Board of Directors is established to negotiate the terms of such transactions.~~001~~ ~~per~~In ~~share~~considering related-person transactions, our Board of Directors considers all relevant available facts and circumstances.

~~During~~On ~~the period from~~ June 630, 2023 ~~(inception)~~, tothe ~~August~~Company ~~31,~~issued ~~2024~~4,500,000 shares ~~Diana~~of ~~Vasylenko~~common ~~loaned~~stock ~~$180,297~~ to ~~the~~its ~~Company.~~President ~~This~~and ~~loan~~Director, Diana ~~is non-interest bearing~~Vasylenko, ~~due~~at ~~upon~~$0.001 ~~demand~~per ~~and unsecured~~share.

During the year ended August 31, 2025, Diana Vasylenko loaned $20,493 to the Company. Accrued interest expense of $9,898 for the year ended May 31, 2025 was recorded as additional paid-in capital. Total debt was $200,790 as of August 31, 2025.

Item 14. Principal Accountant Fees and Services

~~FEES~~Set forth below is TOa ~~THE~~summary ~~COMPANY’S~~of ~~AUDITORS~~certain fees paid to our independent audit Victor Mokuolu CPA PLLC for services for the fiscal years 2025 and 2024, respectively.

Set forth below is a summary of certain fees paid to our independent audit OLAYINKA OYEBOLA & CO and Victor Mokuolu CPA PLLC for services for the fiscal years 2024 and 2023, respectively.

Fee Category	Fiscal Year 2025		Fiscal Year 2024
Audit Fees	$	17,423	$	14,600
Tax Fees		—		—
All Other Fees		—		—
Total	$	17,423	$	14,600

Fee Category	Fiscal Year 2024		Fiscal Year 2023
Audit Fees	$	9,000	$	14,600
Tax Fees		—		—
All Other Fees		—		—
Total	$	9,000	$	14,600

Audit Fees

Audit fees were for professional services rendered in connection with the audit of our annual financial statements set forth in our Annual Reports on Form 10-K, the review of our quarterly financial statements set forth in our Quarterly Reports on Form 10-Q and consents for other SEC filings.

~~Audit-Related Fees~~15

Audit-related fees consist of fees billed for professional services for consultation on accounting matters.

Approval of Services Provided by Independent Registered Public Accounting Firm

The Board of Directors has considered whether the services provided under other non-audit services are compatible with maintaining the auditor’s independence and has determined that such services are compatible. The Board of Directors has adopted policies and procedures for pre-approving all non-audit work performed by the external auditors. The Board of Directors will annually pre-approve services in specified accounting areas. The Board of Directors also annually approves the budget for the annual generally accepted accounting principles (GAAP) audit.

PART IV

Item 15. Exhibit and Financial Statement Schedules

~~(a)(1)~~ Financial Statements and Schedules

The following ~~documents~~financial ~~are~~statements ~~filed~~and asschedules ~~part~~listed ofbelow are included in this ~~report:~~Form 10-K.

~~The~~ 1)Financial ~~Statements of E-SMART Corp. at August 31, 2024 and 2023, and for each of the two fiscal~~ ~~years in the period ended August 31, 2024, together with the reports of the Independent Registered Public Accounting Firms, are set forth on pages F-1 through F-11 of this Report.~~Statements:

(2) Not applicable.

Report of Independent Registered Public Accounting Firm (PCAOB Firm ID 6771)		F-1
Balance Sheets as of August 31, 2025 and 2024		F-2
Statements of Operations for the years ended August 31, 2025 and 2024		F-3
Statements of Changes in Stockholders’ Equity (Deficit) for the years ended August 31, 2025 and 2024		F-4
Statements of Cash Flows for the years ended August 31, 2025 and 2024		F-6
Notes to Financial Statements		F-6 to F-11

(32)Financial ~~Exhibits~~Statement Schedules:

#	31.1	Certification of the Chief Executive Officer pursuant to Section 302 of Sarbanes-Oxley Act of 2002.
#	31.2	Certification of the Chief Financial Officer pursuant to Section 302 of Sarbanes-Oxley Act of 2002.

Not applicable.

3) Exhibits

#	19	Insider Trading Policy
#	31.1	Certification of the Chief Executive Officer pursuant to Section 302 of Sarbanes-Oxley Act of 2002.
#	31.2	Certification of the Chief Financial Officer pursuant to Section 302 of Sarbanes-Oxley Act of 2002.

Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on ~~December~~November 1226, ~~2024~~2025.

E-SMART CORP. By: /s/ Diana Vasylenko ~~Name:~~ Diana Vasylenko, ~~Title:~~ President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on December 12, 2024.16

Signature Title /s/ Diana Vasylenko President, Chief Executive Officer, Treasurer, Secretary and Director Diana Vasylenko (Principal Executive Officer and Principal Accounting Officer)

INDEX TO FINANCIAL STATEMENTS

E-SMART CORP.

TABLE OF CONTENTS

Reports of Independent Registered Accounting Firm (ID 6771)	F-1
Report of Independent Registered Accounting Firm (ID 6771)	F-1
Balance Sheets as of August 31, 2024 and 2023	F-2
Balance Sheets as of August 31, 2025 and 2024	F-2
Statements of Operations for the Year ended August 31, 2024 and from June 6, 2023 (Inception) to August 31, 2023	F-3
Statements of Operations for the Years ended August 31, 2025 and 2024	F-3
Statements of Changes in Stockholders’ Equity/ (Deficit) for the Year ended August 31, 2024 and from June 6, 2023 (Inception) to August 31, 2023	F-4
Statements of Changes in Stockholders’ Equity/ (Deficit) for the Years ended August 31, 2025 and 2024	F-4
Statements of Cash Flows for the Year ended August 31, 2024 and from June 6, 2023 (Inception) to August 31, 2023	F-5
Statements of Cash Flows for the Years ended August 31, 2025 and 2024	F-5
Notes to the Financial Statements	F-6-F-11

~~Report of Independent Registered Public Accounting Firm~~17

To the shareholders and the board of directors of

E-Smart Corp.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of

E-Smart Corp

Opinion on the Financial Statements

We have audited the accompanying balance sheets of E-Smart Corp. (“the Company”) as of August 31, ~~2024,~~2025 and ~~August 31~~2024, ~~2023, and~~ the related statements of operations, changes in stockholders' equity (deficit), and cash flows, for ~~the~~each 12of ~~months~~the ~~ended~~two ~~August~~years ~~31,~~in ~~2024 and~~ the period ~~from~~ended ~~inception (June 6, 2023) to~~ August 31, ~~2023~~2025, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of August 31, ~~2024,~~2025 and ~~the period from inception (June 6~~2024, ~~2023) to August 31, 2023,~~ and the results of its operations and its cash flows for the 12two-year period ~~months~~ ended August 31, ~~2024~~2025, ~~and the period from inception (June 6, 2023) to August 31, 2023,~~ in conformity with accounting principles generally accepted in the United States of America.

Substantial Doubt about the Company's ability to continue as a Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 of the financial statements, the Company is currently experiencing losses and has not yet secured a stable revenue stream to cover its operating costs over a prolonged period. In addition, the Company had an accumulated deficit of $130,249 and negative working capital of $193,889 as of August 31, 2025. These factors ~~raise~~ raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that ~~might~~ might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

~~Critical~~Victor ~~Audit~~Mokuolu ~~Matters~~, CPA PLLC We have served as the Company’s auditor since 2024. Houston, Texas November 26, 2025 PCAOB ID: 6771

Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

Victor Mokuolu , CPA PLLC We have served as the Company’s auditor since 2024. Houston, Texas December 12, 2024 PCAOB ID: 6771

F-1

E-~~SMART~~Smart ~~CORP~~Corp.

~~BALANCE SHEETS~~Balance Sheets

	August 31, 2024		August 31, 2023
ASSETS
Current Asset
Cash	$	546	$	225
Total Current Assets		546		225
Other Assets
Intangible Assets		173,800		16,500
Accumulated Amortization		(24,858)		-
Total Other Assets		148,942		16,500
Total Assets	$	149,488	$	16,725
LIABILITIES AND STOCKHOLDERS’ EQUITY/ (DEFICIT)
Current Liabilities
Accounts Payable	$	-	$	1,500
Total Current Liabilities		-		1,500
Long-Term Liabilities
Director Loan		180,297		11,704
Total Long-Term Liabilities		180,297		11,704
Total Liabilities		180,297		13,204
Stockholders’ Equity / (Deficit)
Common stock, par value $0.001; 45,000,000 shares authorized, 4,500,000 and 4,500,000 shares issued and outstanding		4,500		4,500
Additional Paid-in Capital		6,905		-
Retained Deficit		(42,215)		(979)
Total Stockholders’ Equity/ (Deficit)		(30,810)		3,521
Total Liabilities and Stockholders’ Equity/ (Deficit)	$	149,488	$	16,725

As of August 31, 2025 and 2024

		August 31, 2025		August 31, 2024
ASSETS
Current Assets
Cash and cash equivalents	$	6,825	$	546
Prepaid Expenses		20,274		-
Total Current Assets		27,099		546

Intangible assets
Intangible assets		173,800		173,800
Accumulated amortization		(59,618)		(24,858)
Total Intangible assets		114,182		148,942
Total Assets	$	141,281	$	149,488

STOCKHOLDERS’ DEFICIT AND LIABILITIES
Liabilities
Current Liabilities
Related Party Loans	$	200,790	$	180,297
Accounts Payable		198		-
Total Current Liabilities		200,988		180,297
Total Liabilities		200,988		180,297

Stockholders’ Deficit
Common stock, par value $0.001; 75,000,000 shares authorized, 5,799,469 and 4,500,000 shares issued and outstanding at August 31, 2025 and 2024, respectively		5,799		4,500
Additional Paid-in Capital		44,742		6,905
Accumulated deficit		(110,249)		(42,215)
Total Stockholders’ Deficit		(59,708)		(30,810)
Total Liabilities and Stockholders’ Deficit	$	141,281	$	149,488

See accompanying notes, which are an integral part of these financial statements

F-2

E-~~SMART~~Smart ~~CORP~~Corp.

~~STATEMENTS OF~~Statements ~~OPERATIONS~~of Operations

	For the year ended August 31, 2024		From June 6, 2023 (Inception) to August 31, 2023
REVENUES	$	11,935	$	-
Discounts given		373
GROSS PROFIT		11,562
OPERATING EXPENSES
General and Administrative Expenses		45,925		990
TOTAL OPERATING EXPENSES		(45,925)		(990)
INCOME (LOSS) FROM OPERATIONS		(34,363)		(990)
OTHER INCOME (LOSS)
Interest Income		32		11
Interest Expense		(6,905)		-
TOTAL OTHER INCOME (LOSS)		(6,873)		11
PROVISION FOR INCOME TAXES		-		-
NET PROFIT/LOSS	$	(41,236)	$	(979)
NET LOSS PER SHARE: BASIC AND DILUTED	$	(0.01)	$	(0.00)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED		4,500,000		4,500,000

For the Years Ended August 31, 2025 and 2024

		For the year ended August 31, 2025		For the year ended August 31, 2024

REVENUES	$	29,289	$	11,935
Discounts given		(42)		(373)
GROSS PROFIT		29,247		11,562

OPERATING EXPENSES
General and Administrative Expenses		87,388		45,925
TOTAL OPERATING EXPENSES		(87,388)		(45,925)
LOSS FROM OPERATIONS		(58,141)		(34,363)

OTHER INCOME (LOSS)
Interest Income		5		32
Interest Expense		(9,898)		(6,905)
TOTAL OTHER INCOME (LOSS)		(9,893)		(6,873)

PROVISION FOR INCOME TAXES		-		-

NET LOSS	$	(68,034)	$	(41,236)

NET LOSS PER SHARE: BASIC AND DILUTED	$	(0.01)	$	(0.01)

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED		5,510,942		4,500,000

See accompanying notes, which are an integral part of these financial statements

F-3

E-~~SMART~~Smart ~~CORP~~Corp.

~~STATEMENTS OF~~Statements ~~CHANGES~~of INChanges ~~STOCKHOLDERS~~in Stockholders’ ~~EQUITY /~~ Equity (~~DEFICIT~~Deficit)

~~FOR~~For ~~THE~~the ~~YEARS~~Years ~~ENDED~~Ended ~~AUGUST~~ August 31, ~~2024~~2025 ~~AND~~and ~~FROM JUNE 6, 2023 (INCEPTION) TO~~2024

AUGUST 31, 2023


	Common Stock				Additional Paid-in Capital		Accumulated Deficit		Total Stockholders’ Equity/Deficit
	Shares		Amount		Additional Paid-in Capital		Accumulated Deficit
Balance as of August 31, 2023	4,500,000	$	4,500	$	-	$	(979)	$	3,521
Net Loss for the Period	-		-		-		(41,236)		(41,236)
Imputed Interest	-		-		6,905		-		6,905
Balance as of August 31, 2024	4,500,000	$	4,500	$	6,905	$	(42,215)	$	(30,810)
Common Shares Issued for Cash	1,299,469		1,299		27,939		-		29,238
Imputed Interest	-		-		9,898		-		9,898
Net Loss for the Period	-		-		-		(68,034)		(68,034)
Balance as of August 31, 2025	5,799,469	$	5,799	$	44,742	$	(110,249)	$	(59,708)

	Common Stock						Additional Paid-in Capital	Retained		Total Stockholders’
	Shares		Amount					Deficit		Equity (Deficit)
Balance as of June 6, 2023 (Inception)		-	$	-	$		-	$	-	$	-
Common shares issued for cash at $0.001		4,500,000		4,500			-		-		4,500
Net Loss for the period from June 6, 2023 (Inception) to August 31, 2023		-		-			-		(979)		(979)
Balance at August 31, 2023		4,500,000	$	4,500		$	-	$	(979)	$	3,521
Imputed Interest		-		-			6,905		-		6,905
Net loss for the year ended August 31, 2024		-		-			-		(41,236)		(41,236)
Balance at August 31, 2024		4,500,000	$	4,500		$	6,905	$	(42,215)	$	(30,810)

See accompanying notes, which are an integral part of these financial statements

F-4

E-~~SMART~~Smart ~~CORP~~Corp.

~~STATEMENTS OF~~Statements ~~CASH~~of ~~FLOWS~~Cash Flows

	Year ended August 31, 2024		From June 6, 2023 (Inception) to August 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$	(41,236)	$	(979)
Adjustments to reconcile net loss to net cash provided by/(used in) operating activities:
Amortization		24,858		-
Accounts Payable		(1,500)		1,500
Imputed interest		6,905		-
CASH FLOWS PROVIDED BY / (USED IN) OPERATING ACTIVITIES		(10,973)		521
CASH FLOWS FROM INVESTING ACTIVITIES
Intangible Assets		(157,300)		(16,500)
CASH FLOWS USED IN INVESTING ACTIVITIES		(157,300)		(16,500)
CASH FLOWS FROM FINANCING ACTIVITIES
Director Loan		168,594		11,703
Capital Stock		-		4,500
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES		168,594		16,203
NET CHANGE IN CASH		321		225
Cash, beginning of period		225		-
Cash, end of period	$	546	$	225
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-	$	-
Income taxes paid	$	-	$	-

For the Years Ended August 31, 2025 and 2024

		For the year ended August 31, 2025		For the year ended August 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$	(68,034)	$	(41,236)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization		34,760		24,858
Accounts Payable		198		(1,500)
Prepaid Expense		(20,274)		-
Imputed Interest		9,898		6,905
Cash flows used in Operating Activities		(43,452)		(10,973)
CASH FLOWS FROM INVESTING ACTIVITIES
Intangible Assets		-		(157,300)
Cash flows used in Investing Activities		-		(157,300)
CASH FLOWS FROM FINANCING ACTIVITIES
Director Loan (proceeds /repayment)		20,493		168,594
Issuance of capital stock		29,238		-
Cash Flows provided by Financing Activities		49,731		168,594
NET CHANGE IN CASH		6,279		321
Cash, beginning of period		546		225
Cash, end of period	$	6,825	$	546

SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-	$	-
Income taxes paid	$	-	$	-

See accompanying notes, which are an integral part of these financial statements

F-5

E-~~SMART~~ Smart Corp.

~~NOTES~~Notes TOto ~~THE~~the ~~FINANCIAL~~Financial ~~STATEMENTS~~Statements

~~Year~~Years ended August 31, ~~2024~~2025 and ~~from June 6, 2023 (Inception) to~~2024

~~August 31,~~Note ~~2023~~1 – Organization and nature of business

~~Note~~E-Smart 1Corp. ~~– ORGANIZATION~~(“Company,” ~~AND~~“we,” ~~NATURE~~“us,” OFor ~~BUSINESS~~“our”) was incorporated on June 6, 2023, under the laws of the State of Nevada, USA. E-Smart Corp. is an innovative digital platform designed to improve the efficiency and simplify the client-artist interaction process, meeting the needs of both clients and tattoo shops.

~~E-SMART~~Our platform ~~Corp.~~provides ~~(“the Company”,~~an ~~“we”,~~extensive ~~“us”~~database orof ~~“our”)~~experienced ~~was~~tattoo ~~incorporated on~~artists. ~~June~~Artists 6,can ~~2023~~easily ~~under~~showcase ~~the~~their ~~laws~~work ofand ~~the~~expand ~~State~~their client ofbase. ~~Nevada~~By ~~United~~adding ~~States~~up-to-date ofinformation ~~America.~~and ~~E-SMART~~direct ~~Corp.~~links isto ansocial ~~innovative~~media ~~digital~~profiles, ~~platform~~we ~~that~~provide ~~aims~~users with convenient access to ~~revolutionize~~portfolios and the ~~tattoo~~opportunity ~~industry~~to ~~by efficiently~~connect ~~connecting~~with ~~tattoo~~their favorite artists. ~~and~~Artists ~~clients.~~interested ~~Our~~in ~~platform~~joining isour ~~designed~~platform toshould ~~enhance~~contact ~~efficiency,~~us ~~simplifying~~using the ~~client-artist interaction~~contact ~~process~~information toprovided ~~meet~~and ~~the~~apply ~~requirements~~to ofbe ~~both~~included ~~clients~~in ~~and~~our ~~tattoo studios~~database.

~~Our~~Note ~~platform~~2 ~~ensures a~~– ~~seamless~~Going ~~experience~~Concern for all users, providing a comprehensive database of skilled tattoo artists. Artists can easily showcase their exceptional work, and expand their client base. By including essential information and direct links to their social media profiles, we facilitate convenient access for users to view portfolios and initiate contact with their preferred artists. Masters interested in joining our platform shall contact us through our designated contacts and apply for inclusion in the database.

Note 2 – GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. The Company currently has losses and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Therefore, there is substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

~~For the period~~E-Smart ~~from~~Corp. ~~June~~has 6,generated ~~2023~~$29,247 toof ~~August 31, 2023, the Company had no~~ revenue, and incurred a net loss of $~~979~~68,034 ~~and~~for ~~showed an accumulated deficit of $979. For~~ the year ended August 31, ~~2024~~2025, ~~the Company reported a gross profit of $11~~additionally,~~562,~~ ~~incurred~~its reporting ~~a net loss of $41,236, and showed~~ an accumulated deficit since inception of $42110,~~215.~~249 ~~These factors raise substantial doubt about the Company’s ability to continue~~ as aof ~~going~~August ~~concern~~31, 2025.

~~Note~~The Company's capacity to operate as a going 3concern –is ~~SUMMARY~~reliant OFon ~~SIGNIFICANT~~its ~~ACCOUNTING~~ability ~~POLICIES~~to generate profitable operations in the future and/or secure the required funding to meet its obligations and settle liabilities resulting from standard business operations when they become due. Management plans to finance operational expenses for the next twelve months by using available cash on hand, as well as loans from directors and/or a private offering of Common Stock.

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Note 3 – Summary of Significant Accounting Policies

Basis of presentation

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. The Company’s year- end is August 31.

Use of Estimates

The preparation of financial statements in conformity with USgenerally ~~GAAP~~accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported ~~amount~~ amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

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Fair Value of Financial Instruments

FASB ASC Topic 820, "Fair Value Measurement," defines fair value as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standards apply to recurring and nonrecurring fair value measurements of financial and non-financial assets and liabilities. The Company determines the fair values of its assets and liabilities based on a fair value hierarchy that includes three levels of inputs that may be used to measure fair value.

The three levels are defined as follows:

Level 1:	defined as observable inputs such as quoted prices in active markets;
Level 2:	defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; ~~and~~
Level 3:	defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $6,825 and $546 of cash as August 31, 2025 and 2024, respectively.

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Prepaid Expenses

Prepaid expenses are amounts paid to secure the use of assets or the receipt of services at a future date or continuously over one or more future periods. When the prepaid expenses are eventually consumed, they are charged to expense.

As of August 31, 2025 and 2024, prepaid expenses amounted to $20,274 and $0, respectively. The balance of prepaid expenses as of August 31, 2025 relates to 12-month server lease and SEO (Search Engine Optimization) services for the same period. The 12-month server lease and SEO services were not recognized under ASC 842 due to the Company's election not to apply the recognition requirements of ASC 842 to short-term leases (leases with a term of twelve months or less). The balance will be amortized on a straight-line basis over the 12-month term.

Accounts Payable

Accounts Payable discloses a liability to a creditor, carried on open account, usually for purchases of goods and services. As of August 31, 2025, the Company had accounts payable of $198.

Depreciation, Amortization, and Capitalization

The Company records depreciation and amortization when appropriate using the straight-line balance method over the estimated useful life of the assets. We estimate that the useful life of equipment is 5 years. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriate accounts and the resultant gain or loss is included in net income. As of August 31, 2025, the Company had accumulated amortization of $59,618.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

All income tax amounts reflect the use of the liability method under accounting for income taxes. Income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes arising primarily from differences between financial and tax reporting purposes. Current year expense represents the amount of income taxes paid, payable or refundable for the period.

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Deferred income taxes, net of appropriate valuation allowances, are determined using the tax rates expected to be in effect when the taxes are actually paid. Valuation allowances are recorded against deferred tax assets when it is more likely than not that such assets will not be realized. When an uncertain tax position meets the more likely than not recognition threshold, the position is measured to determine the amount of benefit or expense to recognize in the financial statements.

The Company’s income tax returns are subject to review and examination by federal, state and local governmental authorities. As of August 31, ~~2024~~2025, there is no year currently under examination with federal, state and local governmental authorities. To the extent penalties and interest are incurred through an examination, they would be included in the income tax section of the statement of operations.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.

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Revenue Recognition

Under Accounting Standards Codification No. 606, "Revenue from Contracts with Customers" ("ASC 606"), the Company recognizes revenue when control of promised goods or services is transferred to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. ASC 606 establishes a five-step model for revenue recognition:

1. Identify the contract with the customer: The Company enters into subscription agreements for its API (Application Programming Interface) services with customers. The Company offers the "AI Powered Tattoo Artist," a subscription-based API service that utilizes artificial intelligence to generate custom tattoo designs. The "AI Powered Tattoo Artist" API is available through both a free trial plan with limited features and paid subscription plans for different amount of API requests.

2. Identify the performance obligations in the contract: The Company's performance obligation is providing access to its API services for the subscription period.

3. Determine the transaction price: The transaction price is the fixed amount agreed upon in the subscription agreement, adjusted for any variable consideration such as discounts or rebates.

4. Allocate the transaction price to the performance obligations: The transaction price is allocated entirely to the performance obligation of API access.

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5. Recognize revenue when (or as) the performance obligation is satisfied: Revenue is recognized over time as API access is provided, typically ratably over the subscription period.

~~Provisions~~During ~~for~~the ~~discounts,~~year ~~rebates,~~ended ~~estimated~~August ~~returns~~31, 2025 and ~~other~~2024 ~~adjustments~~the ~~are~~Company ~~considered~~recorded ~~variable~~revenue ~~consideration~~of ~~and~~$29,247 ~~are estimated~~ and ~~accounted for~~$11,562, ~~in determining the transaction price~~respectively. ~~Revenue~~As isof ~~recognized~~August ~~only~~31, to2025 and 2024, the ~~extent~~Company itdid isnot ~~probable~~recognize ~~that~~deferred arevenue ~~significant~~or ~~reversal~~accounts ~~will not occur~~receivable.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

Note 4 – ~~INTANGIBLE~~Intangible ~~ASSETS~~Assets

Intangible ~~assets~~ assets relate to the website and API software, which the Company purchased on June 30, 2023. The Website was put on use on August 30, 2023 and amortization is expected to cover a period of 5 years. ~~Amortization expense for the period ended August 31, 2023 was $0.~~ As of ~~August~~ ~~31, 2023, the amount of intangible assets is $16,500. As of~~ August 31, ~~2024~~2025, the amount of intangible assets is $173,800 consisting of website and API. Amortization expense for the ~~period~~year ended August 31, ~~2024~~2025 was $2434,~~858~~760. Accumulated amortization as of August 31, 2025 was $59,618.

Intangible assets amounts are as follows:

		Website Development		Ai-Powered Tattoo Cost Calculator Api		Total
Estimated Useful Life (Years)		5		5
Total Cost of the Asset	$	81,000	$	92,800	$	173,800
Accumulated Depreciation at August 31, 2024		(13,658)		(11,200)		(24,858)
Accumulated Amortization at August 31, 2025		(29,858)		(29,760)		(59,618)
Net Book Value at August 31, 2024	$	67,342	$	81,600	$	148,942
Net Book Value at August 31, 2025	$	51,142	$	63,040	$	114,182
Depreciation Expense for year ended August 31, 2024	$	13,658	$	11,200	$	24,858
Amortization Expense for year ended August 31, 2025	$	16,200	$	18,560	$	34,760
Depreciation Expense from June 6, 2023 (Inception) to August 31, 2023	$	-	$	-	$	-

~~F-8~~Note 5 –Common Stock

~~Note~~The 5Company –has ~~COMMON~~75,000,000, ~~STOCK~~$0.001 par value shares of common stock authorized.

~~The~~On June 30, 2023, the Company ~~has~~issued 4,500,000~~, $0.001 par value~~ shares of common stock ~~authorized~~to its President and Director, Diana Vasylenko, at $0.001 per share.

~~There~~During ~~were 4~~the year ended August 31,~~500~~ 2025,~~000~~ the Company issued 1,299,469 shares of common stock ~~issued~~for ~~and~~cash ~~outstanding~~proceeds asat of$0.0225 ~~August~~per ~~31,~~share ~~2024~~for a ~~and~~total ~~2023~~of $29,238.

~~Voting~~As ~~Common~~of ~~Stock~~August 31, 2025, the Company had 5,799,469 shares issued and outstanding.

All shares of common stock have voting rights and are identical. All holders of shares of voting common stock shall at every meeting of the stockholders be entitled to one vote for each share of the capital stock held by such stockholder.F-10

~~Non-voting Common~~Note ~~Stock~~6 –Related Party

~~All of~~Effective June 6, 2023, the ~~other~~Company ~~terms~~entered ofa ~~the~~Loan Agreement ~~Non-Voting~~with ~~Common~~its ~~Stock~~CEO. ~~shall~~The belender ~~identical~~agreed to ~~the~~lend ~~Voting~~a ~~Common~~total ~~Stock~~of $70,000 ~~except~~payable ~~for~~in applicable installments over the ~~right~~5-year term of ~~first~~the ~~refusal~~loan. ~~that~~No ~~attaches~~interest toor fees shall accrue or be payable on the ~~Non-Voting~~loan. ~~Common~~Effective ~~Stock~~November 14, as2023, ~~explained~~the inCEO agreed to increase maximum amount of the ~~Company’s~~loan ~~Bylaws~~to $220,000.

~~Note~~As of August 31, 2025 and 2024, the amount due to a related party was $200,790 6and ~~– RELATED~~$180,297, ~~PARTY~~respectively.

~~Effective June~~Imputed ~~6, 2023, the Company entered a Loan Agreement with its CEO. The lender agreed to lend a total of $70,000 payable in applicable installments over the Term of the loan. The CEO agreed to an~~ interest ~~rate~~expense of ~~0% and a Term of 5 years. Effective November 14, 2023, the CEO agreed to increase maximum amount of the Loan to~~ $~~220~~9,~~000.~~898 ~~The amount due under the Loan was $180,297~~ and $~~11,704 as of August 31, 2024 and 2023, respectively. Imputed interest expense of $~~6,905 for the year ended August 31, 2025 and 2024 was recorded as additional paid in capital.

Note 7 – Commitments and ~~INCOME~~Contingencies ~~TAXES~~

~~The Company adopted~~ In the ~~provisions of~~normal ~~uncertain~~course ~~tax positions as addressed in ASC 740 “Income Taxes” (“ASC 740”). As a result~~ of ~~the implementation of ASC 740~~business, the Company ~~recognized~~may nobecome ~~increase~~a inparty ~~the~~to ~~liability~~litigation ~~for~~matters ~~unrecognized~~involving ~~tax~~claims ~~benefits~~against it. As of ~~November~~August 3031, ~~2023~~2025, ~~the Company had~~ ~~net~~there ~~operating~~are ~~loss~~no ~~carry~~current ~~forwards~~matters ofthat ~~approximately~~would ~~$979.~~have ~~Future tax benefits which may arise as~~ a ~~result~~material ofeffect ~~these~~on ~~losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly,~~ the Company’s ~~has~~financial ~~recorded a~~position ~~valuation~~or ~~allowance~~results ~~for~~of ~~the deferred tax asset relating to these tax loss carry-forwards~~operations.

~~The~~Note ~~valuation~~8 ~~allowance at August 31, 2023 was approximately $206. The net change in valuation allowance during year ended August 31, 2024 was $42,215.~~– ~~In assessing~~Subsequent ~~the~~Events ~~realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred income tax assets will not be realized.~~

~~The~~In accordance ~~provision~~with ~~for~~FASB ~~Federal~~ASC ~~income tax~~Topic ~~consists~~855 of“Subsequent Events”, the ~~following:~~ Company has analyzed its operations subsequent to August 31, 2025, and has determined that it does not have any material subsequent events to disclose in these financial statements

		As of August 31, 2024		As of August 31, 2023
Non-current deferred tax assets:
Net operating loss carry forward	$	(42,215)	$	(979)
Total deferred tax assets		(8,865)		(206)
Valuation allowance	$	8,865	$	206
Net deferred tax assets	$	-	$	-

The ultimate realization of deferred income tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred income tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based on consideration of these items, management has determined that enough uncertainty exists relative to the realization of the deferred income tax asset balances to warrant the application of a full valuation allowance as of August 31, 2024. All tax years since inception remain open for examination by taxing authorities.

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The related deferred tax benefit on the above unutilized tax losses has a full valuation allowance not recognized against it as there is no certainty of its realization. Management has evaluated tax positions in accordance with ASC 740 and has not identified any significant tax positions, other than those disclosed.

The actual tax benefit at the expected rate of 21% differs from the expected tax benefit for the year ended August 31, 2024 as follows:

		Year ended August 31, 2024		Year ended August 31, 2023
Computed “expected” tax expense (benefit)	$	8,865	$	(206)
Change in valuation allowance	$	(8,865)	$	206
Actual tax expense (benefit)	$	-	$	-

Note 8 – COMMITMENTS AND CONTINGENCIES

In the normal course of business, the Company may become a party to litigation matters involving claims against it. From August 31, 2024 through December 6, 2024, there are no current matters that would have a material effect on the Company’s financial position or results of operations.

Note 9 – SUBSEQUENT EVENTS

In accordance with FASB ASC Topic 855 “Subsequent Events”, the Company has analyzed its operations through by December 11, 2024 and the date these financial statements were available to be issued, for the period from September 1, 2024 till December 11, 2024 the Company issued 1,299,469 shares of common stocks at $0.03 per share for cash proceeds of $29,238.

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Filing Compare · E-Smart Corp.