Sundance Strategies Inc. Reports No Revenue for FY Ending March 31, 2025; General & Administrative Expenses Rise to $604,167
Sundance Strategies Inc. has released its annual report for the fiscal year ending March 31, 2025. The company reported no revenue from bond advisory or portfolio consulting services during this period, consistent with the previous fiscal year. General and administrative expenses increased to $604,167 from $531,406 in the prior fiscal year, primarily due to higher professional fees in 2025. The company recognized a loss on the extinguishment of debt totaling $435,199, a decrease from $1,047,729 in the previous year. The company's historical business model, which focused on acquiring life insurance policies and related residual interests, has shifted, and it no longer holds such assets. Management continues to seek new opportunities, though no definitive engagements were in place as of the report's date.
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