Red flag · checked by CrowdinformNectaroLoansRisksWaiting for an answer
Nectaro: Warm Cash Lending (Philippines) auditor's going-concern note, 17 Apr 2026
- In a report dated 17 April 2026, the auditor of Warm Cash Lending Corp. drew attention to a material uncertainty related to going concern.
- Net losses of PHP 99,384,150 in 2025 and PHP 36,957,550 in 2024; accumulated deficit PHP 138,865,919 and total capital deficiency PHP 127,865,919 at 31 December 2025.
- Warm Cash borrows from Nectaro's group lender Abele Finance; loans to the Philippines made up 18.7% of the money outstanding on Nectaro on 14 November 2026.
- The opinion itself is not modified: the auditor flags the uncertainty without qualifying the accounts.
Checked by Crowdinform on 15 Nov 2026. The platform can reply here.
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