The following discussion should be read in conjunction with the financial statements and related notes that appear elsewhere in this prospectus. This discussion contains forward-looking statements that involve significant uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors, including those discussed in "Risk Factor" elsewhere in this report. For further information, see "Risk Relating to Forward-Looking Statement" above.





OVERVIEW

Bigeon is a Nevada corporation that is developing a new kind of messenger application. The product of the Company ("the App") is intended to provide an entirely new way of sharing information. The App enables a user to draw a picture or a writing instead of typing the whole message.





OUR SOURCES OF REVENUE

We currently plan to market and sell our graphic technology solution through popular digital distribution services and platforms (also referred to as app stores) such as Google Play Market, App Store, Amazon Appstore and others. We also intend to market to companies that seek graphic solutions across the Internet in order to offer them individually developed versions of the App for their needs. The management of the Company expects to attract corporate clients among design agencies, bureau of architecture, tattoo studios and similar small companies that deal with creating custom images and/or sketches.





RESULTS OF OPERATIONS

Fiscal year ended July 31, 2022, compared to July 31, 2021:





Revenues

During the years ended July 31, 2022, and 2021, we have not received any revenues.





Operating expenses

Total operating expenses for the year ended July 31, 2022 were $63,703 compared to $46,053 for the year ended July 31, 2021. Our operating expenses consisted of general and administrative costs $45,670 (July 31, 2021 - $22,934), amortization expense $900 (July 31, 2021 - $0), professional fees $16,820 (July 31, 2021 - $22,764), and rent expense $313 (July 31, 2021 - $355). Expenses increased in the current year primarily due to an increase in accrued payroll.





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Net Losses

The net loss for the fiscal year ended July 31, 2022 was $63,703, compare to $46,053 for the fiscal year ended July 31, 2021, due to the factors discussed above.

Liquidity and Capital Resources

As of July 31, 2022, our total assets were $23,666 comprised of cash $1,889, prepaid expenses $693 and intangible assets $21,084. Our total liabilities were $146,114 comprised of accounts payable $5,990, loan from director $71,724 and payroll liabilities $68,400. As of July 31, 2021, our total assets were $849 comprised of cash $124 and prepaid expenses $725. Our total liabilities were $59,594 comprised of a loan from director $36,794 and payroll liabilities $22,800.

Shareholders' deficit has increased from $(58,745) as of July 31, 2021 to $(122,448) as of July 31, 2022.

The Company has accumulated a deficit of $143,579 as of July 31, 2022 compare to $79,876 as of July 31, 2021 and further losses are anticipated in the development of its business. Accordingly, there is substantial doubt about the Company's ability to continue as a going concern.

The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and, or, obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with loans from director.

Because of the Company's history of losses, its independent auditors, in the reports on the financial statements for the year ended July 31, 2022 and July 31, 2021, expressed substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that could result from the outcome of this uncertainty.

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management's efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

Cash Flows from Operating Activities

We have not generated positive cash flows from operating activities. For the fiscal year ended July 31, 2022, net cash flows used in operating activities was $11,181 compared to $23,136 for July 31, 2021. The decrease can mostly be explained by a larger net loss in the current period.





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Cash Flows from Investing Activities

For the fiscal year ended July 31, 2022, net cash used in investing activities was $21,984 consisting of cash paid for intangible assets. For the fiscal year ended July 31, 2021, net cash from financing activities was $0.

Cash Flows from Financing Activities

For the fiscal year ended July 31, 2022 and 2021, net cash from financing activities was $34,930 and $21,650, respectively, consisting of proceeds from related party advances.





PLAN OF OPERATION AND FUNDING

Our cash reserves are not sufficient to meet our obligations for the next twelve months period. As a result, we will need to seek additional funding in the near future. We currently do not have a specific plan of how we will obtain such funding; however, we anticipate that additional funding will be in the form of equity financing from the sale of shares of our common stock, from selling our products and from loans from our officer and directors.

OFF-BALANCE SHEET ARRANGEMENTS

As of the date of this Annual Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

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