GPO Plus Q1 Loss Widens to $784,715 as Going Concern Doubt Persists
GPOX sits 20% above its 52-week low of $0.015 on light trading volume (0.3× avg).
Summary
GPO Plus posted a $784,715 quarterly loss on flat $1.3M revenue, reiterated going concern doubt with a $7.15M working capital deficit, and issued roughly 30M shares after quarter end to repay notes and pay for services.
Key Events · Earnings and Guidance · GPOX
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Q1 Loss Widens on Flat Revenue
Revenue of $1,295,507 was essentially flat versus $1,302,172 a year earlier, but cost of revenue rose 8% to $997,344, cutting gross profit 21% to $298,163 and widening the net loss 13% to $784,715.
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Going Concern and Liquidity Squeeze
Cash was $56,210 against $7,283,271 of current liabilities, a working capital deficit of $7,154,216, and the company reiterated substantial doubt about its ability to continue as a going concern with a $46,980,971 accumulated deficit.
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Post-Quarter Share Issuance
From August 1 through October 27, 2026 the company issued 20,801,818 shares to repay promissory notes, 8,452,357 for services, 500,000 for note inducement and 279,850 for office lease, taking shares outstanding to 126,807,790 from 96,658,765 at July 31.
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Single Customer Drives Sales
One customer accounted for 99% of sales in the quarter, versus two customers at 88% and 11% a year earlier.
Analysis · GPOX · Trade & Services
Survival now hinges on continued debt-and-share issuance: GPO Plus burned another $784,715 in the August quarter while revenue stayed flat at $1.3M and gross profit fell 21%, leaving $56,210 of cash against $7.28M of current liabilities and a $7.15M working capital hole. The company repeats its going concern warning with a $46.98M accumulated deficit and says it has no financing arrangements in place. That dilution is already visible: 30.0M shares were issued between August 1 and October 27, 2026, lifting shares outstanding to 126.8M from 96.7M at quarter end. On top of the liquidity squeeze, one customer accounted for 99% of sales and disclosure controls were ineffective, adding governance risk.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 38.8% of the 970 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.46%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GPOX was trading at $0.02 on OTC in the Trade & Services sector, with a market capitalization of approximately $1.7M. The 52-week trading range was $0.02 to $0.12. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.