Going concern
Filing comparison
DirectBooking Technology Co., Ltd. disclosed substantial doubt about its ability to continue as a going concern in its first report following a change of registrant
The prior filing was made by a different business under the same CIK, so this is a new disclosure rather than a change.
Explanatory Paragraph — Going Concern The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note 2 to the consolidated financial statements, the Company’s recurring net losses, negative cash flows from operations, and accumulated deficit raised substantial doubt about its ability to continue as a going concern. The management’s evaluation of the events and conditions and management’s plans regarding these matters are also described in Note 2 to the consolidated financial statements. The consolidated financia
Evidence
- Caveat
- The prior filing was made by a different business under the same CIK, so this is a new disclosure rather than a change.
- Comparable
- False
- Current state
- substantial_doubt
- Current state label
- Substantial doubt about ability to continue as a going concern
- Direction
- not comparable
- Located in
- going-concern note
- Prior filed
- 2025-08-14
- Prior form
- 20-F
- Prior state
- None
- Prior state label
- None
- Registrant changed from
- Primega Group Holdings Ltd
- Source
- ASC 205-40 going-concern note comparison
- Why
- Disclosure about the company's ability to continue as a going concern changed compared with its previous report.