Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.

brooqLy, Inc.

CIK: 18545262 Annual ReportsLatest: 2025-04-01

10-K / April 1, 2025

Revenue:$266
Income:-$1,171,439

10-K / April 1, 2024

Revenue:$5,993
Income:-$348,288

10-K / April 1, 2025

Company Summary: BrooQLy Inc.

Business Overview

BrooQLy Inc. is a technology company primarily focused on developing a social networking platform that connects users with retail shops, brands, and other consumers through a unique online gifting and food ordering system. The platform allows the interaction among three main types of participants:

  • Shops: Bars, restaurants, coffee houses, and retail outlets that register on the platform to upload their product catalogs called “Treats” (food, beverages, and gifts).
  • Consumers: Users who sign up to purchase and send Treats to friends or family, both locally and remotely.
  • Brands: Producers or distributors of food, beverages, or gift products advertising on the platform.

Core Functionalities

  • Treating Modes:

    • Remote Mode: Select a city, shop, treat, and recipient to send a treat from afar.
    • In-Shop Mode: Check-in at a shop, connect with other customers, select a treat, and send it to a friend.
    • At-Home Mode: Collaborate with online retail shops to send Treats directly to a recipient’s home via delivery.
  • Platform Features:

    • Multi-lingual (English, Greek, Romanian, Turkish, Czech).
    • Multi-currency with real-time conversion.
    • Social networking features, including photo sharing, liking, notifications, and messaging.
    • Future planned features include restaurant table reservations, meal pre-ordering, and waiter-less ordering.

Market and Geographic Presence

  • Started operations in Greece (Aug 2021), Romania (Aug 2021), Turkey (Jul 2023), and Czech Republic (Apr 2024).
  • The company plans to expand into Western and Central/Eastern Europe, North/South America, Middle East, and Africa.

Revenue Model

  • Annual shop registration fee: $120 per year.
  • Treat transaction commission: 20% fee per Treat.
  • Brand advertising fees: $50 per shop per month.

Customers and Users

  • As of March 31, 2025, the company had 29 stockholders of record.
  • Shares Outstanding: 25,615,000 shares.
  • Number of beneficial owners with >5%: Approximately 70.3% of the company is controlled by Aerospace Capital Partners, LLC, which holds 18 million shares.
  • Customer interaction: The platform has facilitated Treats transactions, but specific customer or user counts are not provided.

Revenue and Income

  • 2024 Revenue: $266, primarily from Treats.
  • 2023 Revenue: $5.
  • Net Loss:
    • 2024: $1,171,439
    • 2023: $348,288
  • The company is operating at a significant loss, with a high impairment of intangible assets and expenses related to business development.

Employees

  • As of December 31, 2024, the company had only three employees:
    • Chief Executive Officer (CEO)
    • Chief Financial Officer (CFO)
    • Chief Operating Officer (COO)

Recent Developments

  • The company has signed various strategic agreements, pilots, and licensing deals, including a significant transaction where Aerospace Capital Partners, LLC acquired approximately 70.3% controlling interest with a $360,000 purchase.
  • Moving towards a future focus on aerospace, UAV manufacturing, and autonomous logistics but currently operating mainly as a social gifting and food ordering platform.

Note: The company is in early stages with minimal revenue, a small workforce, and a high net loss, relying heavily on external funding and strategic partnerships for growth.