Here are the 10-K annual reports from Flywheel Advanced Tech (FWFW) 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 FWFW 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 FWFW filings page.
Flywheel Advanced Technology, Inc. reports another year with no revenue and a much larger loss as it operates as a shell company seeking a business combination. For the year ended September 30, 2025, the company recorded a net loss of $5,533,146, mainly driven by a $5,422,500 impairment of its investment in Elison Virtus Company Limited. Operating expenses excluding the impairment were modest at about $110,646.
At September 30, 2025, total assets were only $5,825, against current liabilities of $936,737, resulting in a working capital deficit of $930,912. The company has no cash, funds operations through an interest-free related-party balance of $906,342, and its auditor highlights substantial doubt about its ability to continue as a going concern. As of January 13, 2026, there were 29,591,164 common shares outstanding, and management’s stated plan is to pursue a business combination or develop an operating business, though no definitive deals are in place.