Cover
Cover - shares | 6 Months Ended | |
Jul. 31, 2024 | Sep. 16, 2024 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Jul. 31, 2024 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2024 | |
Current Fiscal Year End Date | --01-31 | |
File Number | 333-271350 | |
Registrant Name | MARKY CORP. | |
Entity Central Index Key | 0001973047 | |
Tax Identification Number | 32-0689703 | |
Incorporation State | WY | |
Address Line1 | San Sebastian 309, Martinica León | |
Address City | Guanajuato | |
Address Country | MX | |
Address Postal Zip Code | 37500 | |
area code | 860 | |
phone number | 9730746 | |
Current Reporting Status | Yes | |
Interactive Data Current | No | |
Filer Category | Non-accelerated Filer | |
Small Business | true | |
Emerging Growth Company | true | |
extended transition period | false | |
Shell Company | false | |
common shares issued and outstanding | 4,330,797 |
BALANCE SHEETS
BALANCE SHEETS - USD ($) | Jul. 31, 2024 | Jan. 31, 2024 |
$ 372 | $ 23,630 | |
372 | 23,630 | |
76,679 | 83,650 | |
46,900 | 28,650 | |
123,579 | 112,300 | |
TOTAL ASSETS | 123,951 | 135,930 |
10,613 | ||
8,379 | ||
113,601 | 112,102 | |
132,593 | 112,102 | |
132,593 | 112,102 | |
132,593 | 112,102 | |
4,331 | 4,241 | |
24,093 | 21,493 | |
(37,066) | (1,906) | |
(8,642) | 23,828 | |
TOTAL LIABILITIES & STOCKHOLDER`S DEFICIT | $ 123,951 | $ 135,930 |
BALANCE SHEETS (Parenthetical)
BALANCE SHEETS (Parenthetical) - $ / shares | Jul. 31, 2024 | Jan. 31, 2024 |
Statement of Financial Position [Abstract] | ||
Stated Value Per Share | $ 0.001 | $ 0.001 |
CommonStockSharesAuthorized | 75,000,000 | 75,000,000 |
CommonStockSharesIssued | 4,330,797 | 4,241,130 |
CommonStockSharesOutstanding | 4,330,797 | 4,241,130 |
STATEMENTS OF OPERATIONS
STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jul. 31, 2024 | Jul. 31, 2023 | Jul. 31, 2024 | Jul. 31, 2023 | |
Revenues | ||||
Software Sales | $ 7,794 | $ 7,994 | $ 400 | |
Total Revenues | 7,794 | 7,994 | ||
Operating Expenses | ||||
Advertising and Promotion | 49 | |||
Bank service Charges | 15 | 79 | 115 | |
Depreciation Expense | 6,749 | 1,183 | 11,721 | 1,183 |
Professional fees | 5,478 | 5,000 | 31,305 | 10,064 |
Total Operating Expenses | 12,227 | 6,198 | 43,154 | 11,362 |
Net Income (Loss) from Operations | (4,433) | (6,198) | (35,160) | (10,962) |
Provision for Income Taxes | ||||
Net Income (Loss) | $ (4,433) | $ (6,198) | $ (35,160) | $ (10,962) |
Income (Loss) per Common Share – Basic & Diluted | $ 0 | $ 0 | $ 0.01 | $ 0.01 |
Weighted Average Number of Common Shares Outstanding-Basic & Diluted | 4,330,797 | 3,500,000 | 4,330,797 | 3,500,000 |
Statements of Stockholders' Equ
Statements of Stockholders' Equity - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Balance, shares | 3,500,000 | |||
Beginning balance, value at Jan. 31, 2023 | $ 3,500 | $ (362) | $ 3,138 | |
Net loss for the period | (10,962) | |||
Net loss for the period | (10,962) | (11,362) | ||
Ending balance, value at Jul. 31, 2023 | 3,500 | (11,324) | $ (7,824) | |
Balance, shares | 3,500,000 | |||
Beginning balance, value at Apr. 30, 2023 | 3,500 | (5,126) | $ (1,626) | |
Net loss for the period | (6,198) | (6,198) | ||
Ending balance, value at Jul. 31, 2023 | 3,500 | (11,324) | $ (7,824) | |
Balance, shares | 3,500,000 | |||
Balance, shares | 4,241,130 | |||
Beginning balance, value at Jan. 31, 2024 | 4,241 | 21,493 | (1,906) | $ 23,828 |
Net loss for the period | $ (35,160) | $ (35,160) | ||
Sales of common stock | 90 | 2,600 | 2,690 | |
Stock Issued During Period, Shares, Period Increase (Decrease) | 89,667 | |||
Ending balance, value at Jul. 31, 2024 | $ 4,331 | $ 24,093 | $ (37,066) | $ (8,642) |
Balance, shares | 4,330,797 | |||
Beginning balance, value at Apr. 30, 2024 | 4,331 | 24,093 | (32,633) | $ (4,209) |
Net loss for the period | (4,433) | (4,433) | ||
Ending balance, value at Jul. 31, 2024 | $ 4,331 | $ 24,093 | $ (37,066) | $ (8,642) |
Balance, shares | 4,330,797 |
STATEMENTS OF CASH FLOWS
STATEMENTS OF CASH FLOWS - USD ($) | 6 Months Ended | |
Jul. 31, 2024 | Jul. 31, 2023 | |
OPERATING ACTIVITIES | ||
Net Income (Loss) | $ (35,160) | $ (10,962) |
Accounts Receivable | 8,379 | |
Amortization | 11,721 | 1,183 |
Accounts Payable | 10,613 | 6,300 |
Cash Flows Provided by (Used in) Operating Activities | (4,447) | (3,479) |
INVESTING ACTIVITIES | ||
Intangible Assets | (23,000) | (25,500) |
Cash Flows Used in Investing Activities | (23,000) | (25,500) |
FINANCING ACTIVITIES | ||
Proceeds from the sale of common stock | 90 | |
APIC | 2,600 | |
Proceeds from related party loan | 1,499 | 24,996 |
Cash Flows Provided by Financing Activities | 4,189 | 24,996 |
Net cash increase (decrease) for period | (23,258) | (3,983) |
Cash at beginning of period | 23,630 | 4,629 |
Cash at end of period | $ 372 | $ 646 |
Description of Organization and
Description of Organization and Business Operations | 6 Months Ended |
Jul. 31, 2024 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Description of Organization and Business Operations | Note 1 — Description of Organization and Business Operations Marky Corp. (“the Company”) was incorporated under the laws of the State of Wyoming, U.S. on April 28, 2022 (Inception). Marky Corp. is a provider of social media marketing information services. The Company is operating an information site, posting global marketing and advertising news on social networks https://markycopr.com/. Our platform is a web-based information portal, accessed through a web browser. It allows end users to access information on any device of their choice, features social media marketing news, updates, tips, and tutorials on promoting their business on social media. The platform includes RSS Feeds, allowing users to consolidate updates and content from preferred websites. Three subscription plans - Basic, Pro, and Enterprise - are available for accessing RSS Feeds. "Marky News" is social media management mobile application, available on both Apple Store and as an APK file. The APK can be downloaded from https://markycopr.com/marky-app/. The application offers exclusive access to SMM resources and industry updates, providing real-time alerts and valuable insights into social media marketing trends. Our principal executive office is located at San Sebastian 309, Martinica León, Guanajuato, Mexico. The Company’s functional and reporting currency is the U.S. dollar. |
Going Concern
Going Concern | 6 Months Ended |
Jul. 31, 2024 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Going Concern | Note 2 – Going Concern The accompanying unaudited condensed financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. As a startup company, the Company had revenue in amount of $7,994 and $400, incurred net loss in amount of $35,160 and $11,362 for the six months ended July 31, 2024 and 2023, respectively. The Company currently has limited working capital and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. These conditions raise 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. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 6 Months Ended |
Jul. 31, 2024 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | Note 3 — Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the "SEC"), including the instructions to Form 10-Q and Regulation S-X. Certain information and note disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP"), have been condensed or omitted from these statements pursuant to such rules and regulations and, accordingly, they do not include all the information and notes necessary for comprehensive financial statements and should be read in conjunction with our audited financial statements included in our Annual Report on Form 10-K for the year ended January 31, 2024. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. The Company’s year-end is January 31. 10 MARKY CORP. NOTES TO THE UNAUDITED FINANCIAL STATEMENTS For the three and six months ended July 31, 2024 Note 3 — Summary of Significant Accounting Policies Net Income (Loss) Per Common Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” Net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. As of and 023, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into shares of common stock and then share in the earnings of the Company. As a result, diluted loss per share is the same as basic loss per share for the periods presented. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires the Company’s 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 and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. 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 $ 372 23,630 Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of July 31, 2024. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of July 31, 2024 and 2023, no amounts have been accrued for the payment of interest and penalties. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. 11 MARKY CORP. NOTES TO THE UNAUDITED FINANCIAL STATEMENTS For the three and six months ended July 31, 2024 Note 3 — Summary of Significant Accounting Policies Research and Development Policy ASC 730, “Research and Development”, addresses the proper accounting and reporting for research and development costs. It identifies those activities that are to be identified as research and development, the elements of costs that shall be identified with research and development activities, the accounting for these costs, and the financial statement disclosures related to them. Costs and expenses that can be clearly identified as research and development are charged to expense as incurred. Software Development Policy The Company accounts for website development costs in accordance with, FASB ASC 350-40, Internal-Use Software and FASB ASC 350-50, Website Development Costs and has capitalized certain costs in the development of our website. Recent Accounting Pronouncements The Company reviews new accounting standards as issued. Management has not identified any new standards that it believes will have a significant impact on the Company’s financial statements. |
Stockholders_ Equity
Stockholders’ Equity | 6 Months Ended |
Jul. 31, 2024 | |
Equity [Abstract] | |
Stockholders’ Equity | Note 4 – Stockholders’ Equity Upon formation the total number of shares of all classes of stock which the Company is authorized to issue is Seventy-Five Million (75,000,000) shares of Common Stock, par value $0.001 per share. On January 27, 2023 the Company issued 3,500,000 shares of its common stock at $0.001 per share for total proceeds of $3,500. For the year ended January 31, 2024 the Company issued 741,130 shares of common stock for cash proceeds of $22,234 at $0.03 per share. For the six months ended July 31, 2024 the Company issued 89,667 shares of common stock for cash proceeds of $ 2,690 There were 4,330,797 4,241,130 |
Related Party Transactions
Related Party Transactions | 6 Months Ended |
Jul. 31, 2024 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Note 5 — Related Party Transactions During the three months period ended July 31, 2024 the Company’s director loaned to the Company $150 respectively. As of July 31, and January 31, 2024, our sole director has a total outstanding balance of $ 113,601 112,102 12 MARKY CORP. NOTES TO THE UNAUDITED FINANCIAL STATEMENTS For the three and six months ended July 31, 2024 |
Intangible Assets
Intangible Assets | 6 Months Ended |
Jul. 31, 2024 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Intangible Assets | Note 6 — Intangible Assets As of July 31, 2024, the intangible assets, net were as follows: Website $ 14,200 RSS feeds 43,000 Mobile App 83,650 Accumulated Depreciation 17,271 Total intangible assets $ 123,579 |
Subsequent Events
Subsequent Events | 6 Months Ended |
Jul. 31, 2024 | |
Accounting Policies [Abstract] | |
Subsequent Events | Note 7 – Subsequent Events In accordance with ASC 855, “Subsequent Events”, the Company has analyzed its operations subsequent to July 31, 2024, and has determined that it does not have any material subsequent events to disclose in these financial statements. |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
Jul. 31, 2024 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the "SEC"), including the instructions to Form 10-Q and Regulation S-X. Certain information and note disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP"), have been condensed or omitted from these statements pursuant to such rules and regulations and, accordingly, they do not include all the information and notes necessary for comprehensive financial statements and should be read in conjunction with our audited financial statements included in our Annual Report on Form 10-K for the year ended January 31, 2024. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. The Company’s year-end is January 31. 10 MARKY CORP. NOTES TO THE UNAUDITED FINANCIAL STATEMENTS For the three and six months ended July 31, 2024 Note 3 — Summary of Significant Accounting Policies |
Net Income (Loss) Per Common Share | Net Income (Loss) Per Common Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” Net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. As of and 023, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into shares of common stock and then share in the earnings of the Company. As a result, diluted loss per share is the same as basic loss per share for the periods presented. |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires the Company’s 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 and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Cash and Cash Equivalents | 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 $ 372 23,630 |
Income Taxes | Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of July 31, 2024. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of July 31, 2024 and 2023, no amounts have been accrued for the payment of interest and penalties. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. 11 MARKY CORP. NOTES TO THE UNAUDITED FINANCIAL STATEMENTS For the three and six months ended July 31, 2024 Note 3 — Summary of Significant Accounting Policies |
Research and Development Policy | Research and Development Policy ASC 730, “Research and Development”, addresses the proper accounting and reporting for research and development costs. It identifies those activities that are to be identified as research and development, the elements of costs that shall be identified with research and development activities, the accounting for these costs, and the financial statement disclosures related to them. Costs and expenses that can be clearly identified as research and development are charged to expense as incurred. |
Software Development Policy | Software Development Policy The Company accounts for website development costs in accordance with, FASB ASC 350-40, Internal-Use Software and FASB ASC 350-50, Website Development Costs and has capitalized certain costs in the development of our website. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements The Company reviews new accounting standards as issued. Management has not identified any new standards that it believes will have a significant impact on the Company’s financial statements. |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Details Narrative) - USD ($) | Jul. 31, 2024 | Jan. 31, 2024 |
Accounting Policies [Abstract] | ||
cash | $ 372 | $ 23,630 |
Stockholders_ Equity (Details N
Stockholders’ Equity (Details Narrative) - USD ($) | 6 Months Ended | |
Jul. 31, 2024 | Jan. 31, 2024 | |
Equity [Abstract] | ||
stock for cash | $ 2,690 | |
stock issued and outstanding | 4,330,797 | 4,241,130 |
stock issued and outstanding | 4,330,797 | 4,241,130 |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | Jul. 31, 2024 | Jan. 31, 2024 |
Related Party Transactions [Abstract] | ||
sole director loan | $ 113,601 | $ 112,102 |
Intangible Assets (Details Narr
Intangible Assets (Details Narrative) | Jul. 31, 2024 USD ($) |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Intangible Assets | $ 123,579 |