yoodlize

Management’s Discussion and Analysis of Financial Condition and Results of Operations

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.

Overview

Yoodlize is a peer-to-peer rental platform

During a business brainstorm session, the founder's 14-year-old daughter said "dad, why don't you start a business that connects people to each other's things." She reminded him of how they would often speculate that someone nearby must have the item they wanted, and would likely rent it to them if only they had a way to connect to each other.

We are a peer-to-peer rental platform where you can rent anything to or from your neighbors. You can make money on the stuff you already own, and rent the stuff you don't own but want to use.

We want to be live across the US.

Milestones

Yoodlize Inc was incorporated in the State of Delaware in December 2018.

Since then, we have:

The Company is subject to risks and uncertainties common to early-stage companies. Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future.

Historical Results of Operations

• Revenues & Gross Margin. For the period ended December 31, 2023, the Company had revenues of $18,161 compared to the year ended December 31, 2022, when the Company had revenues of $2,639. Our gross margin was 20.18% in fiscal year 2023, compared to 2.99% in 2022.
• Assets. As of December 31, 2023, the Company had total assets of $118,602, including $104,430 in cash. As of December 31, 2022, the Company had $35,299 in total assets, including $18,052 in cash.
• Net Loss. The Company has had net losses of $16,680 and net losses of $64,787 for the fiscal years ended December 31, 2023 and December 31, 2022, respectively.
• Liabilities. The Company's liabilities totaled $59 for the fiscal year ended December 31, 2023 and $77 for the fiscal year ended December 31, 2022.

Liquidity & Capital Resources

To-date, the company has been financed with $800,000 in equity and $200,000 in SAFEs.

After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 18 months before we need to raise further capital.

We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don’t have any other sources of capital in the immediate future.

We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 6 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.

Runway & Short/Mid Term Expenses

Yoodlize Inc cash in hand is $59,264.30, as of March 2021. Over the last three months, revenues have averaged $385/month, cost of goods sold has averaged $3,003/month, and operational expenses have averaged $14,800/month, for an average burn rate of $17,418 per month. Our intent is to be profitable in 36 months.In Q1 2021 we ended the pilot period and stopped all work on user growth and activity to focus on improving the product.  We spend 40k on dev work to launch a new version of the app which is expected in April 2021.  We expect our fixed expenses to be around 2k a month.  We currently have no payroll or salary.  We don't expect revenues to raise until we start to spend money on marketing. There are always irons in the fire, but what is currently in the bank is what we have to rely on. All projections in the above narrative are forward-looking and not guaranteed.