UMEW · UMeWorld Inc. · Debt
Substantial doubt about the company's ability to continue as a going concern.
“These conditions, together with recurring operating losses and reliance on external financing, raise substantial doubt about the Company's ability to continue as a going concern within one year after the date the consolidated financial statements are issued. Management's plans to alleviate this substantial doubt include: · pursuing additional business arrangements and growth opportunities in the functional nutrition and health-and-wellness markets through Dagola; · expanding distribution channels and product offerings to increase revenues; and · seeking additional capital through promissory notes, private placements, and other financing transactions. There can be no assurance that these plans will be successful or that additional financing will be available on acceptable terms, or at all.”View the 10-Q filed Aug 13, 2026
2 customers — 56% of revenue (the nine months ended June 30, 2026)
“For the nine months ended June 30, 2026, two customers accounted for approximately 55.99% and 43.58%, respectively, of the Company's total revenue.”
2 customers — 43.6% of revenue (the nine months ended June 30, 2026)
“For the nine months ended June 30, 2026, two customers accounted for approximately 55.99% and 43.58%, respectively, of the Company's total revenue.”
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Notes payable, including current maturities | 2018-09-30 | USD 0 | 20-F filed 2021-06-04 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
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Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.