Nomadar

2 serious warning signs in Nomadar’s filings.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 31 Mar 2026, plus the 10-Q filed 14 Aug 2026 and 8 later 8-Ks.

• Doubt it can keep going

  Serious

  The company or its auditor warned it may not have enough money to last the next year.

  “These conditions raise substantial doubt about our ability to continue as a going concern for a period of one year after the date of this filing.”

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  As of June 30, 2026, we had $438,578 in cash and working capital of $641,187. We have incurred an operating loss for the six months ended June 30, 2026 of $2,026,895, and had cash outflow from operations of $756,691. As of June 30, 2026, we had an accumulated deficit of $6,206,766. Further, we expect to continue to incur significant costs in pursuit of our financing and acquisition plans. These conditions raise substantial doubt about our ability to continue as a going concern for a period of one year after the date of this filing.

  From the 10-Q filed 14 August 2026, Part I, Item 2. Management's Discussion and Analysis. Read it in the filing

• Weak checks on its own accounts

  Serious

  The company said its checks on its own accounts did not work at the end of its latest quarter. Mistakes could slip into the numbers.

  “As a result of the identified material weaknesses, management has concluded that our disclosure controls and procedures were not effective as of June 30, 2026.”

  From the 10-Q filed 14 August 2026, Part I, Item 4. Controls and Procedures. Read it in the filing