Goliath Film and Media Holdings reported QQ2 2025 revenue of 32,726 (USD) with EBITDA of 8,208 and net income of 8,208, yielding an operating and net margin of approximately 25.1%. The quarter shows solid profitability on a per-dollar basis despite limited line items and sparse cost structure, but the strength is offset by material liquidity and balance sheet concerns. Cash flow from operations was negative at -4,780 driven by a heavy working capital outflow (-28,603), while financing activities provided a positive 6,195, resulting in a modest net increase in cash of 1,415 to end the period with 1,719 in cash. The balance sheet reveals total assets of 1,719 against current liabilities of 104,354 and retained earnings of -1,074,633, culminating in negative stockholders’ equity (-102,635). Liquidity ratios are severely depressed (current and cash ratios both approximately 0.0165), signaling potential near-term financing needs and raising questions about balance sheet sustainability. On a valuation basis, price-to-sales stands at 18.94 and enterprise value multiple at 75.32, with negative book value further complicating traditional valuation metrics. Management commentary is not available in the provided transcript data, limiting the ability to confirm forward-looking guidance or strategic color. Investors should weigh the apparent near-term profitability against the pronounced liquidity risk and potential need for capital management or equity financing. Overall, the QQ2 2025 result mix suggests a profitable quarter on an isolated basis but a fragile liquidity position that requires near-term financing clarity and operational improvements to sustain earnings momentum.