Here are the 10-K annual reports from APPLE ISPORTS GROUP INC (AAPI) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow AAPI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AAPI filings page.
Apple iSports Group, Inc. is an early-stage Nevada company building a digital sports betting and gaming platform focused on Australia and the U.S., combining fixed-odds and pari-mutuel wagering with live sports streaming and advertising.
The company remains pre-revenue and highly cash constrained. For the year ended December 31, 2025, it recorded a net loss of $6,407,709, a working capital deficit of about $5,900,109 and cash of roughly $55,938, leading its auditor to raise substantial doubt about its ability to continue as a going concern.
Since inception, Apple iSports has raised approximately $3,023,397 in private placements and received more than $3,155,218 in related-party loans that are due on demand. Management estimates about $5.5 million is needed to complete the platform and a further $5–6 million in annual operating costs, excluding marketing, so additional equity or debt financing is essential and could significantly dilute existing shareholders.
The company holds a provisional Advance Deposit Wagering license in North Dakota and is seeking an Australian online bookmaking license and additional U.S. sports betting market access over time. It highlights extensive regulatory, competitive, technology, cybersecurity and execution risks, notes it is classified as a penny stock on the OTCQB under “AAPI,” and discloses heavy dependence on a 41% controlling shareholder and on third‑party software and infrastructure vendors.