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Transit Pro Tech Inc.

CIK: 20161672 Annual ReportsLatest: 2025-12-31

10-K / December 31, 2025

Revenue:$364,000
Income:-$630,809

10-K / December 27, 2024

Revenue:N/A
Income:-$995,270

10-K / December 31, 2025

Company Summary: Transit Pro Tech Inc.

Overview:
Transit Pro Tech Inc. is a developer of advanced software solutions focused on the railway industry. The company’s core business involves creating leading-edge software for the detection of faults and defects in railway tracks, and inspecting tunnel walls for stability. Additionally, it is involved in developing ancillary systems to improve safety and operational efficiency in rail transportation.

Business Focus and Activities:

  • Rail Fault Detection Software: Developing sophisticated software that analyzes data collected from various inspection methods, such as ultrasonic testing, magnetic induction, and radiography, to identify defects that could lead to accidents.
  • Track Inspection Technologies: Aims to enhance software analysis capabilities rather than manufacturing or operating inspection vehicles like HiRail trucks. The company seeks to analyze inspection data more effectively to prevent rail accidents.
  • Tunnel Wall Inspection: Developing technology for monitoring and assessing tunnel wall stability.
  • Safety and Operational Systems: Planning to develop driver management systems, including AI-powered video analysis tools to monitor train engineers for distraction, drowsiness, or inattentiveness.
  • Robotics and Automation: Intends to participate in creating robots and automated machinery for dangerous or repetitive tasks in rail maintenance, as well as AI systems for vehicle safety, including auto-monitoring of driver focus.

Corporate Structure:

  • Formed as a Delaware corporation in June 2023.
  • Owns a wholly-owned Hong Kong subsidiary (TP Hong Kong).
  • TP Hong Kong owns a Shenzhen-based company (SGTCL).
  • The founders, including CEO Weihong Du, also own Shenzhen Beyebe Internet Technology Co. Limited (“Beyebe”), which develops and markets software and hardware in China related to compliance and hardware integration.
  • The company has entered into licensing, loan, and distribution agreements primarily with Beyebe and its subsidiaries, enabling operations and software distribution in China.

Employees:

  • As of December 26, 2025, the company had 10 full-time employees.
    • Research and Development: 4 employees
    • Management: 4 employees
    • Finance: 2 employees
  • US-based employees are mostly in management, finance, and R&D roles.
  • Chinese operations involve software engineers based in Shenzhen, China.

Financials (Year Ended September 30, 2025):

  • Revenue: Approximately $364,000
    • License fee: $282,000 (net of VAT at 6%)
    • Royalties from Beyebe (products distributed in China): ~$35,257
    • Service fees paid by Beyebe: ~$46,469
  • Gross Profit: ~$267,124 (from $363,726 revenue minus $87,602 cost of revenue)
  • Net Loss: Approximately $630,809
  • Assets:
    • Current assets include cash ($26,886) and receivables ($9,772).
    • Non-current assets include property and equipment ($18,682) and right-of-use assets ($133,083).
  • Liabilities:
    • Total liabilities are approximately $994,000, including current liabilities (~$904,000) and lease liabilities.
    • Shareholders’ deficit is about $805,397 (as of September 30, 2025).

Additional Info:

  • The company operates with limited revenue and is still in a developmental stage.
  • It relies on loans and investments from related parties (notably Beyebe AI) to fund operations.
  • The company has not yet achieved profitability and continues to incur losses.
  • As of the latest reporting, the company has no plans for dividends, and its stock is not listed on any major exchange.
  • It is focused on the U.S. and international markets outside China and has licensing agreements with entities in China to distribute its products there.