Ameritek Ventures, Inc. Annual Report: A Plain-English Summary

I’ve put together this guide to help you understand Ameritek Ventures’ performance over the past year. My goal is to cut through the corporate jargon and explain what is happening with the business so you can decide if it fits your portfolio.

1. What does the company do?

Ameritek is undergoing a major identity shift. After selling its software subsidiary, Ameritek Solutions, to ZenaTech in late 2024, the company spent 2025 trying to reinvent itself.

They are no longer a software company. They are now attempting to build a portfolio of businesses, including solid-state batteries, robotic manufacturing, and luxury corporate housing. Because of this transition, they earned zero revenue in 2025, compared to $678,300 in 2024. They are essentially operating as a startup again, testing new markets without an established customer base.

2. Financial performance: The bottom line

The 2025 numbers are stark. The company reported a loss of approximately $6.38 million. This is a massive swing from the $13.5 million profit they recorded in 2024, which was largely driven by one-time gains from selling their software assets.

Here is why this happened:

• No Revenue: Since selling their software division, they have no money coming in from operations. The transition to hardware and real estate has not yet generated any sales.
• Investment Losses: A large part of the loss comes from the falling value of their ZenaTech shares. Those shares dropped by about $3.58 million this year.
• High Costs: Operating expenses jumped to $2.7 million, up from about $459,000 last year. This includes over $2.1 million in "impairment losses," where the company wrote off the value of assets they no longer consider useful.

3. Financial health: The "Going Concern" warning

This is the most important part for any investor: The company’s auditors have issued a "going concern" warning.

This is a formal way of saying they are worried the company may not stay in business. As of late 2025, Ameritek had only $2,543 in cash, while facing over $2.2 million in debts. They are currently relying on loans from management-controlled entities just to pay basic administrative and legal costs.

4. Major risks for investors

• The "Pink Sheet" Factor: The stock trades on the OTC Pink Sheets. This market lacks the strict reporting requirements and liquidity of major exchanges like the NYSE.
• Reverse Stock Split: In January 2026, the company executed a 1-for-1,200 reverse stock split. This was a defensive move to avoid being delisted. It reduced the number of shares, but it did not change the company’s lack of cash or its underlying value.
• Execution Risk: Pivoting into three unrelated, expensive industries requires massive investment. With only $2,543 in cash, the company lacks the capital to fund these projects.
• No Dividends: The company has never paid a dividend and has no plans to do so.

5. Future outlook

Ameritek is a "blank slate" trying to build a business from scratch. Success depends entirely on their ability to secure massive outside funding or generate immediate revenue before they run out of cash. Without a major cash injection, the company faces a high risk of insolvency or issuing more shares, which would reduce your ownership percentage.

Investor Takeaway: When evaluating this opportunity, consider that the company is currently in a high-risk transition phase with very limited liquidity. The "going concern" warning and the reliance on debt for basic operations are significant indicators that the company is in a precarious financial position. Before investing, ask yourself if you are comfortable with the high probability that the company may need to raise significant capital—potentially diluting current shareholders—just to keep the lights on.