SUPA Consolidated Inc. Annual Report - How They Did This Year

I’ve put together this guide to help you understand how SUPA Consolidated Inc. (ticker: SFCX) performed this year. My goal is to cut through the corporate jargon so you can decide if this company is heading in the right direction.

1. What does this company do?

Think of SUPA as a company currently "rebooting." For years, they focused on ridesharing and autonomous vehicle software. On December 28, 2024, they sold their entire legacy technology business to Boumarang for $450,000, officially exiting the tech sector.

They are now pivoting into "food tech." Their business model relies on a network of 1,157 commercial ice and water vending machines. These machines earn money through direct sales, typically charging $2.00 to $3.00 per vend. The company has shifted from a software developer to a vending machine operator. Their strategy is to buy more regional food-related businesses to grow.

2. Financial performance: The "Survival" Phase

To be blunt, the company is in a fragile financial state. As of December 31, 2025:

• No Revenue: The company earned $0 in 2025. The transition to the vending model happened mid-year, and the machines were not yet fully operational.
• Cash Crunch: They have only $17,675 in cash left. This is not enough to cover basic costs for the next three months.
• Deep in the Red: They have a working capital deficit of $1,042,000. Their debts—mostly unpaid bills and legal fees—far exceed their available cash.
• Going Concern Warning: Their auditor warned that the company may not survive through December 31, 2026, without an immediate injection of cash.

3. Major changes: New Leadership and New Assets

The company has seen a massive overhaul:

• Leadership Shuffle: The entire old board and executive team resigned by mid-2025. CEO Yessenia Hernandez took over in July 2025. She has a background in consumer goods. Her pay is mostly in stock, which aligns her goals with the company’s acquisition strategy.
• Asset Swap: In June 2025, the company bought the vending machine fleet. To pay for it, they issued 250 million new shares to the sellers. This increased the total share count by 400%, which significantly reduced the ownership percentage of existing shareholders.

4. Key risks: What could go wrong?

• Dilution: Because the company lacks cash, they must sell more shares to pay for daily operations. Every time they issue new shares, your ownership percentage shrinks, making it harder for the stock price to rise.
• Funding: The company needs $500,000 to $750,000 over the next year just to keep the vending machines running. If they cannot borrow money or find new investors, they will likely go bankrupt.
• Thin Trading: Few institutions own this stock. Because of this, small trades can cause the stock price to swing wildly, making it very risky for retail investors.
• No Employees: The company has zero full-time employees. They rely entirely on outside contractors. If a contractor quits, the company has no way to service its only machines.

5. Future outlook

Management is betting everything on food tech. Their goal for 2026 is to grow to 2,000 vending machines. However, these are just goals. The company has not yet proven it can make a profit, and its future depends entirely on finding new investors.

Final Thought for Investors: SUPA Consolidated is currently a high-risk "turnaround" play. With no revenue, a significant cash shortage, and a reliance on future stock dilution to fund operations, the company is in a precarious position. Before considering an investment, ask yourself if you are comfortable with a company that is effectively starting from scratch and requires immediate external funding just to keep the lights on.