10-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE

ACT OF 1934

For the quarter ended: October 31, 2017

OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE

ACT OF 1934

For the Transition Period from	to____________
Commission File Number: 333-212821

NEWMARKT CORP.

(Exact name of registrant as specified in its charter)

Nevada	7510	35-2540672
(State or Other Jurisdiction of	(Primary Standard Industrial	(IRS Employer Identification
Incorporation or Organization)	Classification Number)	Number)

P.O.BOX 1408, 5348 VEGAS DRIVE 89108 LAS VEGAS, NEVADA, USA

     +3 (705) 2078574 info@newmarktcorp.com

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months, and (2) has been subject to such filing requirements for the past 90 days.

Yes [ ] No [X]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer	[ ]	Accelerated filer	[ ]
Non-accelerated filer	[ ]	Smaller reporting company	[X]
		Emerging growth company	[X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [ ] No [X]

As of October 31, 2017 there were 2,797,500 shares outstanding of the registrant’s common stock.

		Page
PART I	FINANCIAL INFORMATION:
Item 1.	Financial Statements	3
	Balance Sheets as of October 31, 2017 and April 30, 2017 (Unaudited)	4
	Statement of Operations for the three and six months ended October 31, 2017 and 2016
	(Unaudited)	5
	Statement of Cash Flows for the six months ended October 31, 2017 and 2016 (Unaudited)	6
	Notes to the Unaudited Financial Statements	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and
	Results of Operations	10
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	13
Item 4.	Controls and Procedures	14
PART II	OTHER INFORMATION:
Item 1.	Legal Proceedings	15
Item 1A	Risk Factors	15
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	15
Item 3.	Defaults Upon Senior Securities	15
Item 4.	Mine Safety Disclosure.	15
Item 5.	Other Information	15
Item 6.	Exhibits	15
	Signatures	16

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PART I – FINANCIAL INFORMATION

Item 1. Financial statements

The accompanying interim financial statements of Newmarkt Corp. (the “Company”), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted principles have been omitted pursuant to such rules and regulations.

In the opinion of management, the financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

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NEWMARKT CORP.
BALANCE SHEETS
(UNAUDITED)
ASSETS		October 31, 2017		April 30, 2017
Current Assets
Cash	$	4,916		712
Prepaid expense		20,749		15,526
Accounts receivable		8,359		29,060
Total Current Assets		34,024		45,298
Equipment net, Accumulated depreciation of $17,699 and $15,850		9,070		10,919
Total Assets	$	43,094		56,217
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Liabilities
Current Liabilities
Accrued expenses		1,750		8,500
Loan payable, related party		62,710		62,710
Total Current Liabilities and Total Liabilities	$	64,460		71,210
Stockholder’s Deficit
Common stock, par value $0.001; 75,000,000 shares authorized,
2,667,500 shares issued and outstanding at October 31, 2017 and
April 30, 2017		2,668		2,668
Additional Paid Capital		25,960		25,960
Accumulated deficit		(49,994	)	(43,621	)
Total Stockholder’s Deficit	$	(21,366	)	(14,993	)
Total Liabilities and Stockholder’s Deficit	$	43,094		56,217

See accompanying notes to financial statements.

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	NEWMARKT CORP.
STATEMENT OF OPERATIONS
	(UNAUDITED)
		Three months			Three months			Six months			Six months
		ended			ended			ended			ended
		October 31,			October 31,			October 31,			October 31,
		2017			2016			2017			2016
REVENUES	$	730		$	4,950		$	21,440		$	17,050
OPERATING EXPENSES
General and Administrative Expenses		(9,099	)		(7,850	)		(27,813	)		(13,926	)
TOTAL OPERATING EXPENSES		(9,099	)		(7,850	)		(27,813	)		(13,926	)
INCOME (LOSS) BEFORE PROVISION FOR
INCOME TAXES		(8,369	)		(2,900	)		(6,373	)		3,124
PROVISION FOR INCOME TAXES		-			-			-			-
NET INCOME (LOSS)	$	(8,369	)	$	(2,900	)	$	(6,373	)	$	3,124
NET INCOME (LOSS) PER SHARE: BASIC
AND DILUTED	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	0.00
WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING: BASIC AND DILUTED		2,667,500			2,000,000			2,667,500			2,000,000

See accompanying notes to financial statements.

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NEWMARKT CORP.
STATEMENT OF CASH FLOWS
(UNAUDITED)
		Six months ended		Six months ended
		October 31, 2017		October 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss) for the period	$	(6,373	)	3,124
Adjustments to reconcile net income (loss) to net cash
provided by (used in) operating activities:
Depreciation		1,849		6,682
Changes in operating assets and liabilities:
Accounts receivable		20,701		-
Prepaid expense		(5,223	)	158
Customer deposits		-		(2,800	)
Accrued expenses		(6,750	)	(7,500	)
NET CASH PROVIDED BY (USED IN) OPERATING
ACTIVITIES		4,204		(336	)
NET INCREASE (DECREASE) IN CASH		4,204		(336	)
Cash, beginning of period		712		917
Cash, end of period	$	4,916		581
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-		-
Income taxes paid	$	-		-

See accompanying notes to financial statements.

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NEWMARKT CORP.
NOTES TO THE FINANCIAL STATEMENTS
OCTOBER 31, 2017
(UNAUDITED)

NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS

Newmarkt Corp. (“the Company”, “we”, “us” or “our”) was incorporated on July 17, 2015, under the laws of the State of Nevada, for the purpose of the renting different kind of Segway and bicycles, dual wheels self-balancing electric scooter and related safety equipment.

NOTE 2 – GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. The Company had not generated sufficient revenue to cover its operating costs, has incurred losses from inception, and has an accumulated deficit of $49,994 at October 31, 2017. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.

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 will 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.

NOTE 3 – SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES

Basis of presentation

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America.

Start-up costs

In accordance with ASC 720, “Start-up Costs”, the company expenses all costs incurred in connection with the start-up and organization of the company.

Fair Value of Financial Instruments

AS topic 820 "Fair Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: Level 2: Level 3: defined as observable inputs such as quoted prices in active markets; defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying value of cash and the Company’s loan from shareholder approximates its fair value due to their short-term maturity. The company has no assets or liabilities valued at fair value on a recurring basis.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents.

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NEWMARKT CORP.
NOTES TO THE FINANCIAL STATEMENTS
OCTOBER 31, 2017
(UNAUDITED)

NOTE 3 – SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES (CONTINUED)

Depreciation, Amortization, and Capitalization

The Company records depreciation and amortization when appropriate using straight-line balance method over the estimated useful life of the assets. We estimate that the useful life of sport equipment (different kind of Segway and bicycles, dual wheels self-balancing electric scooter) is five years, related safety equipment is two years. Useful life of current version of web site is one year. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the property's useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Revenue Recognition

The Company recognizes revenue in accordance with ASC topic 605 “Revenue Recognition”. Revenue is recognized when persuasive evidence of an arrangement exists, product delivery has occurred, the selling price to the customer is fixed or determinable and collectability of the revenue is reasonably assured. The Company rents its equipment on a short-term basis and records the revenue at the time the rental is completed.

Stock-Based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive income (loss) per share excludes all potential common shares if their effect is anti-dilutive. As of October 31, 2017 there were no potentially dilutive debt or equity instruments issued or outstanding.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

NOTE 4 – LOAN FROM RELATED PARTY

As of October 31, 2017, our sole director and shareholder has loaned to the Company $62,710. This loan is unsecured, non-interest bearing and due on demand.

The balance due to the director was $62,710 as of October 31, 2017.

8

		NEWMARKT CORP.
		NOTES TO THE FINANCIAL STATEMENTS
		OCTOBER 31, 2017
		(UNAUDITED)
NOTE 5 – EQUIPMENT
		Equipment
Cost
As at July 17, 2015	$	-
Additions		63,675
Disposals		-
As at April 30, 2016	$	63,675
Additions		3,449
Disposals		(40,355	)
As at April 30, 2017	$	26,769
Additions		-
Disposals		-
As at October 31, 2017	$	26,769
Depreciation
As at July 17, 2015		(-)
Change for the period		(2,302	)
As at April 30, 2016	$	(2,302	)
Change for the period		(13,548	)
As at April 30, 2017	$	(15,850	)
Change for the period		(1,849	)
As at October 31, 2017	$	(17,699	)
Net book value	$	9,070

NOTE 6 – COMMON STOCK

The Company has 75,000,000, $0.001 par value shares of common stock authorized.

On January 20, 2016, the Company issued 2,000,000 shares of common stock to the Company’s founder for cash proceeds of $2,000 at $0.001 per share.

During November 2016, the Company issued 150,000 shares of common stock for cash proceeds of $5,970 at $0.04 per share.

During December 2016, the Company issued 500,000 shares of common stock for cash proceeds of $19,958 at $0.04 per share.

During January 2017, the Company issued 17,500 shares of common stock for cash proceeds of $700 at $0.04 per share.

On September 13, 2017 we have issued the additional certificates in amount of 130,000 shares.

There were total outstanding 2,797,500 shares; total restricted 2,130,000 shares; total non-restricted shares 667,500 as of October 31, 2017.

NOTE 7 – COMMITMENTS AND CONTINGENCIES

We currently rent our physical property in Lithuania for a $400 monthly fee, starting on February 1, 2016 until February 1, 2018. This location serves as our primary office for planning and implementing our business plan. The Company has signed two additional lease agreements in Vilnius Lithuania, which commenced in June 2017, for $280 and $200 monthly fee.

9

NEWMARKT CORP.
NOTES TO THE FINANCIAL STATEMENTS
OCTOBER 31, 2017
(UNAUDITED)

NOTE 8 – INCOME TAXES

The Company has approximately $49,994 of net operating losses (“NOL”) available to be carried forward to offset taxable income, if any, in future years which expire in fiscal 2035. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management has established a full valuation allowance against the entire deferred tax asset relating to NOLs for every period because it is more likely than not that all of the deferred tax asset will not be realized.

NOTE 9 – CONCENTRATIONS

For the six months ended October 31, 2017 all revenue was earned from one customer, which represented 100% of total revenue. From inception to October 31, 2017 all revenue was earned from six customers, which represented 30%, 15%, 9%, 7%, 1% and 38% of total revenue for this period.

NOTE 10 – SUBSEQUENT EVENTS

Management has evaluated events subsequent to October 31, 2017 through the date these financial statements were available to be issued, and has determined that there are no events that would require disclosure in or adjustment to these financial statements.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

This quarterly report and other reports filed by Newmarkt Corp. (“we,” “us,” “our,” or the “Company”), from time to time contain or may contain forward-looking statements and information that are based upon beliefs of, and information currently available to, the Company’s management as well as estimates and assumptions made by Company’s management. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. When used in the filings, the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions as they relate to the Company or the Company’s management identify forward-looking statements. Such statements reflect the current view of the Company with respect to future events and are subject to risks, uncertainties, assumptions, and other factors. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned.

Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). These accounting principles require us to make certain estimates, judgments, and assumptions. We believe that the estimates, judgments, and assumptions upon which we rely are reasonable based upon information available to us at the time that these estimates, judgments, and assumptions are made. These estimates, judgments, and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements as well as the reported amounts of revenues and expenses during the periods presented. Our financial statements would be affected to the extent there are material differences between these estimates.

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ORGANIZATION

On July 17, 2015, the Company was incorporated under the laws of the State of Nevada. We are engaged in business of renting out bicycles and Segways.

Denis Razvodovskij has served as our President, Treasurer and as a Director, from July 17, 2015, until the current date. Our board of directors is comprised of one person: Denis Razvodovskij.

We are authorized to issue 75,000,000 shares of common stock, par value $0.001 per share. On January 20, 2016, Denis Razvodovskij, our President and a Director purchased an aggregate of 2,000,000 shares of common stock at $0.001 per share, for aggregate proceeds of $2,000.

IN GENERAL

We were incorporated on July 17, 2015 in the State of Nevada, USA. The Company’s business operations are located in Lithuania. Newmarkt Corp. since inception to the date of this filing has generated limited revenues in Lithuania. We have never declared bankruptcy, have never been in receivership, and have never been involved in any legal action or proceedings.

From inception until the date of this filing we have had limited operating activities, primarily consisting of the incorporation of our company, the initial equity funding by our sole officer and director, purchasing our equipment and entering into service agreements with our first customer, we also have leased three offices until the day of this filing and registered a webpage www.newmarktcorp.com and fill it in with basic initial information about us. We received our initial funding of $2,000 from our sole officer and director who purchased 2,000,000 shares of common stock at $0.001 per share.

Newmarkt Corp. is currently in negotiations with the potential customers Trav Lt and Around Lithuania travel agencies, which are interested in our service and we are planning to sign service agreements with them in the very near future, but there is no guarantee that we will reach agreements with these two potential customers.

We are a company, which is in the business of renting out bicycles, Segways and related equipment. Denis Razvodovskij, our President and a Director, has agreed to loan the Company funds, however, he has no firm commitment, arrangement or legal obligation to advance or loan funds to the Company. The Company’s registration address is located at P.O. Box 1408, 5348 Vegas drive 89108 Las Vegas, Nevada, USA.

Our operations to date have been devoted primarily to start-up and development activities, which include:

(i)	Formation of the Company;
(ii)	Development of our 12 moth business plan;
(iii)	Leasing a place to offer, store and service our equipment;
(iv)	Purchasing our operating equipment;
(v)	Website creation;
(vi)	Signing service agreements with our first customers.

INITIAL FOCUS OF OUR BUSINESS

Newmarkt Corp. represents itself as bicycle and Segway renting out company. We are offering such service to touristic companies at the moment where tourists, friends, families can organize, plan, develop their own unique vacation on bikes and Segway for a long time, just for a day or for a couple of hours.

We are in the early stages of developing our growing plan to offer a rent bicycle service in Lithuania. We believe that the fact that the city of Vilnius, where we are starting our business, is popular among tourists gives the Company more opportunities to succeed.

We currently have some revenues and some operating history. The Company currently has two major customers to work with. We expect to get other customers and expand our service sales and our operations by the end of the fiscal year. Our plan of operations over the 12 month period following successful completion of our offering is to develop and establish our bicycles renting business by establishing our second and third office, developing our website, attempting to enter into

11

more supply agreements with prospective distributors and manufacturers of bicycles and Segways, engage in advertising and marketing activities and hire personal and sales service specialist.

Newmarkt Corp. is currently in negotiations with two potential customers Trav Lt and Around Lithuania travel agencies, which are interested in our service and we are planning to sign service agreements with them in the very near future.

EQUIPMENT

We believe that rental bicycle has never been more in demand these days now that gas prices are rising, and tourists would rather rent bicycles rather than cars on a short distance of traveling. Our most obvious startup requirements for a renting business are bicycles, Segway and safety equipment. We consider the fact that cycling can be dangerous and in this case we will provide our customers with helmets and safety equipment. The Company does not maintain any liability insurance with customer injuries while renting the equipment.

The Company is planning to expand the range of offered equipment. There will be dual wheels self-balancing electric scooter, balancing electronic skateboards; additional safety equipment is accordance to purchased units of equipment and initial spare parts.

RESEARCH AND DEVELOPMENT EXPENDITURES

We have not incurred any research expenditures since our incorporation.

BANKRUPTCY OR SIMILAR PROCEEDINGS

There has been no bankruptcy, receivership or similar proceeding.

REORGANIZATIONS, PURCHASE OR SALE OF ASSETS

There have been no material reclassifications, mergers, consolidations, or purchase or sale of a significant amount of assets not in the ordinary course of business.

COMPLIANCE WITH GOVERNMENT REGULATION

We will be required to comply with all regulations, rules and directives of governmental authorities and agencies applicable to the construction and operation of any facility in any jurisdiction which we would conduct activities.

We do not believe that any existing or probable government regulation on our business, including any applicable export or import regulation or control imposed by China or the Lithuania will have a material impact on the way we conduct our business.

FACILITIES

We currently rent our physical property in Lithuania. Our current business address is Seimyniskiu g. 23 Vilnius 09200 Lithuania. Our telephone number is (705) 2078574. This location serves as our primary office for planning and implementing our business plan. The Company has signed two additional lease agreements in Vilnius Lithuania. New offices are currently serving as warehouses for our equipment and we are preparing the property for opening in July.

EMPLOYEES AND EMPLOYMENT AGREEMENTS

We have no employees as of the date of this prospectus. Our sole officer and director, Denis Razvodovskij, is an independent contractor to the Company and currently devotes approximately 20 hours per week to company matters. After receiving funding, Mr. Razvodovskij plans to devote, as much time to the operation of the Company as he determines is necessary for him to manage the affairs of the Company. As our business and operations increase, we will assess the need for full time management and administrative support personnel.

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LEGAL PROCEEDINGS

There are no pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or security holder is a party adverse to the Company or has a material interest adverse to the Company.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

Results of Operations for the three and six months ended October 31, 2017 and 2016:

Revenue and cost of goods sold

For the three months ended October 31, 2017 and 2016 the Company generated total revenue of $730 and $4,950 respectively from renting out bicycles and Segway.

For the six months ended October 31, 2017 and 2016 the Company generated total revenue of $21,440 and $17,050 respectively from renting out bicycles and Segway.

Operating expenses

Total operating expenses for the three months ended October 31, 2017 and 2016 were $9,099 and $7,850. The operating expenses for the three months ended October 31, 2017 included Depreciation Expense of $924; Bank Service Charges of $163; Professional Fees of $5,372; Rent Expense of $2,640.

Total operating expenses for the six months ended October 31, 2017 and 2016 were $27,813 and $13,926. The operating expenses for the six months ended October 31, 2017 included Accounting/Audit Fees of $5,250; Depreciation Expense of $1,849; Bank Service Charges of $702; Professional Fees of $10,570; Legal of $3,514; Rent Expense of $5,280; Repairs and Maintenance of $648.

Net Income

The net loss for the three months ended October 31, 2017 and 2016 was $8,369 and $2,900 respectively.

The net loss/income for the six months ended October 31, 2017 and 2016 was $6,373 and $3,124 respectively.

Liquidity and Capital Resources and Cash Requirements

At October 31, 2017, the Company had cash of $4,916 ($712 as of April 30, 2017). Furthermore, the Company had a working capital deficit of $30,436 ($25,912 as of April 30, 2017).

During the six months ended October 31, 2017, the Company used $4,204 of cash in operating activities due to its net loss $6,373 and increase in Accrued expenses of $6,750; increase in Prepaid expense of $5,223, decrease in Accounts receivable of $20,701 and Depreciation of $1,849.

During the six months ended October 31, 2017 the Company has provided no cash from investing activities.

During the six months ended October 31, 2017 the Company generated no cash in financing activities.

OFF BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements including arrangements that would affect our liquidity, capital resources, market risk support and credit risk support or other benefits.

Item 3. Quantitative and Qualitative Disclosures about Market Risk.

As a “smaller reporting company” as defined by Item 8 of Regulation S-X, we are not required to provide information required by this Item.

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Item 4. Controls and Procedures.

Disclosure Controls and Procedures

We maintain disclosure controls and procedures, as defined in Rule 13a

     15(e) promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"), that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

We carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of our disclosure controls and procedures as of October 31, 2017. Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses found in our internal controls over financial reporting, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective.

Management’s Report on Internal Control over Financial Reporting

Management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f)). The Company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Under the supervision and with the participation of management, including the Chief Executive Officer and Chief Financial Officer, the Company conducted an evaluation of the effectiveness of the Company’s internal control over financial reporting as of October 31, 2017 using the criteria established in “Internal Control - Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO - 2013").

A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of October 31, 2017, the Company determined that there were control deficiencies that constituted material weaknesses, as described below.

1.	We do not have an Audit Committee – While not being legally obligated to have an audit committee, it is the management’s view that such a committee, including a financial expert member, is an utmost important entity level control over the Company’s financial statement. Currently the Board of Directors acts in the capacity of the Audit Committee, and does not include a member that is considered to be independent of management to provide the necessary oversight over management’s activities.
2.	We did not maintain appropriate cash controls – As of October 31, 2017, the Company has not maintained sufficient internal controls over financial reporting for cash, including failure to segregate cash handling and accounting functions, and did not require dual signatures on the Company’s bank accounts. Alternatively, the effects of poor cash controls were mitigated by the fact that the Company had limited transactions in its bank accounts.
3.	We did not implement appropriate information technology controls – As at October 31, 2017, the Company retains copies of all financial data and material agreements; however there is no formal procedure or evidence of normal backup of the Company’s data or off-site storage of data in the event of theft, misplacement, or loss due to unmitigated factors.

Accordingly, the Company concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis by the company’s internal controls.

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As a result of the material weaknesses described above, management has concluded that the Company did not maintain effective internal control over financial reporting as of October 31, 2017 based on criteria established in Internal Control-Integrated Framework issued by COSO.

Changes in Internal Controls over Financial Reporting

There has been no change in our internal control over financial reporting occurred during the six months ended October 31, 2017, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

Item 1.

LEGAL PROCEEDINGS

We know of no material, existing or pending legal proceedings against our Company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

Item 1A.

RISK FACTORS

As a “smaller reporting company” as defined by Item 8 of Regulation S-X, we are not required to provide information required by this Item.

Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

No unregistered sales of equity securities took place during the six months ended October 31, 2017.

Item 3. DEFAULTS UPON SENIOR SECURITIES

There were no senior securities issued and outstanding during the six months ended October 31, 2017.

Item 4.

MINE SAFETY DISCLOSURE

Not applicable to our Company.

Item 5.

OTHER INFORMATION

There is no other information required to be disclosed under this item which was not previously disclosed.

Item 6.

EXHIBITS

The following exhibits are included as part of this report by reference:

Exhibit No.

Description

31.1	Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).
32.1	Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

15

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized in the Vilnius, Lithuania December 7, 2017.

NEWMARKT CORP.

By:	/s/	Denis Razvodovskij
	Name:	Denis Razvodovskij
	Title:	President, Treasurer, Secretary and Director
		(Principal Executive, Financial and Accounting Officer)

16

EX-31

Exhibit 31

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Denis Razvodovskij, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Newmarkt Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:

a)	designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)	designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)	evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)	disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
a)	all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b)	any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
December 7, 2017.                                             By:		/s/                     Denis Razvodovskij
		Name:              Denis Razvodovskij
Title:               President, Treasurer, Secretary and Director                                                                                                                                                                                                                            (Principal Executive, Financial and Accounting Officer)

EX-32

Exhibit 32

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Newmarkt Corp.  (the “Company”) on Form 10-Q for the quarter ended October 31, 2017, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Denis Razvodovskij, Principal Executive, Financial and Accounting Officer of the Company, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

December 7, 2017.                                                                                         By:	/s/                    Denis Razvodovskij
	Name:             Denis Razvodovskij
Title:               President, Treasurer, Secretary and Director                                                                                                                                                                                                                                                         (Principal Executive, Financial and Accounting Officer)

XML

Document and Entity Information	6 Months Ended
	Oct. 31, 2017 shares
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 31, 2017
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q2
Entity Registrant Name	NEWMARKT CORP.
Entity Central Index Key	0001679817
Current Fiscal Year End Date	--04-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding	2,797,500
Entity Current Reporting Status	No

XML

BALANCE SHEETS (Unaudited) - USD ($)	Oct. 31, 2017	Apr. 30, 2017
Current Assets
Cash	$ 4,916	$ 712
Prepaid expense	20,749	15,526
Accounts receivable	8,359	29,060
Total Current Assets	34,024	45,298
Equipment net, Accumulated depreciation of $17,699 and $15,850	9,070	10,919
Total Assets	43,094	56,217
Accrued expenses	1,750	8,500
Loan payable, related party	62,710	62,710
Total Current Liabilities and Total Liabilities	$ 64,460	$ 71,210
Common stock, par value $0.001; 75,000,000 shares authorized,	2,668	2,668
Additional Paid Capital	$ 25,960	$ 25,960
Accumulated deficit	(49,994)	(43,621)
Total Stockholder's Deficit	(21,366)	(14,993)
Total Liabilities and Stockholder's Deficit	$ 43,094	$ 56,217

XML

BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Oct. 31, 2017	Apr. 30, 2017
Statement of Financial Position [Abstract]
Equipment net, Accumulated depreciation of $17,699 and $15,850	$ 17,699	$ 15,850
Common stock, par value $0.001; 75,000,000 shares authorized, 2,667,500 shares issued and outstanding at October 31, 2017 and	$ 2,667,500	$ 2,667,500

XML

STATEMENT OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2017	Oct. 31, 2016
Income Statement [Abstract]
REVENUES	$ 730	$ 4,950	$ 21,440	$ 17,050
General and Administrative Expenses	(9,099)	(7,850)	(27,813)	(13,926)
TOTAL OPERATING EXPENSES	(9,099)	(7,850)	(27,813)	(13,926)
INCOME TAXES	(8,369)	(2,900)	(6,373)	3,124
NET INCOME (LOSS)	$ (8,369)	$ (2,900)	$ (6,373)	$ 3,124
OUTSTANDING: BASIC AND DILUTED	2,667,500	2,000,000	2,667,500	2,000,000

XML

STATEMENT OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss) for the period	$ (6,373)	$ 3,124
Depreciation	1,849	6,682
Accounts receivable	20,701	0
Prepaid expense	(5,223)	158
Customer deposits	0	(2,800)
Accrued expenses	(6,750)	(7,500)
ACTIVITIES	4,204	(336)
NET INCREASE (DECREASE) IN CASH	4,204	(336)
Cash, beginning of period	712	917
Cash, end of period	4,916	581
Interest paid	0	0
Income taxes paid	$ 0	$ 0

XML

- ORGANIZATION AND NATURE OF BUSINESS

6 Months Ended

Oct. 31, 2017

- ORGANIZATION AND NATURE OF BUSINESS [Abstract]

- ORGANIZATION AND NATURE OF BUSINESS

NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS

Newmarkt Corp. (“the Company”, “we”, “us” or “our”) was incorporated on July 17, 2015, under the laws of the State of Nevada, for the purpose of the renting different kind of Segway and bicycles, dual wheels self-balancing electric scooter and related safety equipment.

XML

- GOING CONCERN

6 Months Ended

Oct. 31, 2017

- GOING CONCERN [Abstract]

- GOING CONCERN

NOTE 2 - GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. The Company had not generated sufficient revenue to cover its operating costs, has incurred losses from inception, and has an accumulated deficit of $49,994 at October 31, 2017. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern.

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 will 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.

XML

- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES

6 Months Ended

Oct. 31, 2017

- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES [Abstract]

- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES

NOTE 3 - SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES

Basis of presentation

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America.

Start-up costs

In accordance with ASC 720, “Start-up Costs”, the company expenses all costs incurred in connection with the start-up and organization of the company.

Fair Value of Financial Instruments

AS topic 820 "Fair Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: Level 2: Level 3: defined as observable inputs such as quoted prices in active markets; defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying value of cash and the Company's loan from shareholder approximates its fair value due to their short-term maturity. The company has no assets or liabilities valued at fair value on a recurring basis.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents.

7

NEWMARKT CORP.NOTES TO THE FINANCIAL STATEMENTSOCTOBER 31, 2017(UNAUDITED)

NOTE 3 - SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES (CONTINUED)

Depreciation, Amortization, and Capitalization

The Company records depreciation and amortization when appropriate using straight-line balance method over the estimated useful life of the assets. We estimate that the useful life of sport equipment (different kind of Segway and bicycles, dual wheels self-balancing electric scooter) is five years, related safety equipment is two years. Useful life of current version of web site is one year. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the property's useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Revenue Recognition

The Company recognizes revenue in accordance with ASC topic 605 “Revenue Recognition”. Revenue is recognized when persuasive evidence of an arrangement exists, product delivery has occurred, the selling price to the customer is fixed or determinable and collectability of the revenue is reasonably assured. The Company rents its equipment on a short-term basis and records the revenue at the time the rental is completed.

Stock-Based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive income (loss) per share excludes all potential common shares if their effect is anti-dilutive. As of October 31, 2017 there were no potentially dilutive debt or equity instruments issued or outstanding.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

XML

- LOAN FROM RELATED PARTY

6 Months Ended

Oct. 31, 2017

- LOAN FROM RELATED PARTY [Abstract]

- LOAN FROM RELATED PARTY

NOTE 4 - LOAN FROM RELATED PARTY

As of October 31, 2017, our sole director and shareholder has loaned to the Company $62,710. This loan is unsecured, non-interest bearing and due on demand.

The balance due to the director was $62,710 as of October 31, 2017.

8

		NEWMARKT CORP.
		NOTES TO THE FINANCIAL STATEMENTS
		OCTOBER 31, 2017
		(UNAUDITED)
NOTE 5 - EQUIPMENT
		Equipment
Cost
As at July 17, 2015	$	-
Additions		63,675
Disposals		-
As at April 30, 2016	$	63,675
Additions		3,449
Disposals		(40,355	)
As at April 30, 2017	$	26,769
Additions		-
Disposals		-
As at October 31, 2017	$	26,769
Depreciation
As at July 17, 2015		(-)
Change for the period		(2,302	)
As at April 30, 2016	$	(2,302	)
Change for the period		(13,548	)
As at April 30, 2017	$	(15,850	)
Change for the period		(1,849	)
As at October 31, 2017	$	(17,699	)
Net book value	$	9,070

NOTE 6 - COMMON STOCK

The Company has 75,000,000, $0.001 par value shares of common stock authorized.

On January 20, 2016, the Company issued 2,000,000 shares of common stock to the Company's founder for cash proceeds of $2,000 at $0.001 per share.

During November 2016, the Company issued 150,000 shares of common stock for cash proceeds of $5,970 at $0.04 per share.

During December 2016, the Company issued 500,000 shares of common stock for cash proceeds of $19,958 at $0.04 per share.

During January 2017, the Company issued 17,500 shares of common stock for cash proceeds of $700 at $0.04 per share.

On September 13, 2017 we have issued the additional certificates in amount of 130,000 shares.

There were total outstanding 2,797,500 shares; total restricted 2,130,000 shares; total non-restricted shares 667,500 as of October 31, 2017.

NOTE 7 - COMMITMENTS AND CONTINGENCIES

We currently rent our physical property in Lithuania for a $400 monthly fee, starting on February 1, 2016 until February 1, 2018. This location serves as our primary office for planning and implementing our business plan. The Company has signed two additional lease agreements in Vilnius Lithuania, which commenced in June 2017, for $280 and $200 monthly fee.

9

XML

Significant Accounting Policies (Policies)

6 Months Ended

Oct. 31, 2017

Significant Accounting Policies (Policies) [Abstract]

Fair Value of Financial Instruments

Basis of presentation

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America.

Start-up costs

In accordance with ASC 720, “Start-up Costs”, the company expenses all costs incurred in connection with the start-up and organization of the company.

Fair Value of Financial Instruments

AS topic 820 "Fair Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: Level 2: Level 3: defined as observable inputs such as quoted prices in active markets; defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying value of cash and the Company's loan from shareholder approximates its fair value due to their short-term maturity. The company has no assets or liabilities valued at fair value on a recurring basis.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents.

7

NEWMARKT CORP.NOTES TO THE FINANCIAL STATEMENTSOCTOBER 31, 2017(UNAUDITED)

Depreciation, Amortization, and Capitalization

The Company records depreciation and amortization when appropriate using straight-line balance method over the estimated useful life of the assets. We estimate that the useful life of sport equipment (different kind of Segway and bicycles, dual wheels self-balancing electric scooter) is five years, related safety equipment is two years. Useful life of current version of web site is one year. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the property's useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Revenue Recognition

The Company recognizes revenue in accordance with ASC topic 605 “Revenue Recognition”. Revenue is recognized when persuasive evidence of an arrangement exists, product delivery has occurred, the selling price to the customer is fixed or determinable and collectability of the revenue is reasonably assured. The Company rents its equipment on a short-term basis and records the revenue at the time the rental is completed.

Stock-Based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive income (loss) per share excludes all potential common shares if their effect is anti-dilutive. As of October 31, 2017 there were no potentially dilutive debt or equity instruments issued or outstanding.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

XML

- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Oct. 31, 2017

- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES (Tables) [Abstract]

These tiers include:

These tiers include:

Level 1: Level 2: Level 3: defined as observable inputs such as quoted prices in active markets; defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

XML

- LOAN FROM RELATED PARTY (Tables)

6 Months Ended

Oct. 31, 2017

- LOAN FROM RELATED PARTY (Tables) [Abstract]

NOTE 5 - EQUIPMENT

8

		NEWMARKT CORP.
		NOTES TO THE FINANCIAL STATEMENTS
		OCTOBER 31, 2017
		(UNAUDITED)
NOTE 5 - EQUIPMENT
		Equipment
Cost
As at July 17, 2015	$	-
Additions		63,675
Disposals		-
As at April 30, 2016	$	63,675
Additions		3,449
Disposals		(40,355	)
As at April 30, 2017	$	26,769
Additions		-
Disposals		-
As at October 31, 2017	$	26,769
Depreciation
As at July 17, 2015		(-)
Change for the period		(2,302	)
As at April 30, 2016	$	(2,302	)
Change for the period		(13,548	)
As at April 30, 2017	$	(15,850	)
Change for the period		(1,849	)
As at October 31, 2017	$	(17,699	)
Net book value	$	9,070

XML

- GOING CONCERN (Details Text)	Oct. 31, 2017 USD ($)
Going Concern_ [Abstract]
The Company had not generated sufficient revenue to cover its operating costs, has incurred losses from inception, and has an accumulated deficit of $49,994 at October 31, 2017	$ 49,994

XML

- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES (Details Text)	Oct. 31, 2017
- SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES [Abstract]
We estimate that the useful life of sport equipment (different kind of Segway and bicycles, dual wheels self-balancing electric scooter) is five years, related safety equipment is two years	5
Useful life of current version of web site is one year	1

XML

- LOAN FROM RELATED PARTY (Details 1) (Unaudited)	27 Months Ended
	Oct. 31, 2017 USD ($)
- LOAN FROM RELATED PARTY [Abstract]
As at July 17, 2015	$ 0
Additions	63,675
As at April 30, 2016	63,675
Additions	3,449
Disposals	(40,355)
As at April 30, 2017	26,769
As at October 31, 2017	26,769
Change for the period	(2,302)
As at April 30, 2016	(2,302)
Change for the period	(13,548)
As at April 30, 2017	(15,850)
Change for the period	(1,849)
As at October 31, 2017	(17,699)
Net book value	$ 9,070

XML

- LOAN FROM RELATED PARTY (Details Text) - USD ($)	Oct. 31, 2017	Sep. 13, 2017	Jun. 30, 2017	Jan. 31, 2017	Dec. 31, 2016	Nov. 30, 2016	Feb. 01, 2016	Jan. 20, 2016
Loan From Related Party__ [Abstract]
As of October 31, 2017, our sole director and shareholder has loaned to the Company $62,710	$ 62,710
The balance due to the director was $62,710 as of October 31, 2017.	62,710
On January 20, 2016, the Company issued 2,000,000 shares of common stock to the Company's founder for cash proceeds of $2,000 at $0.001 per share.								$ 2,000
During November 2016, the Company issued 150,000 shares of common stock for cash proceeds of $5,970 at $0.04 per share.						$ 5,970
During December 2016, the Company issued 500,000 shares of common stock for cash proceeds of $19,958 at $0.04 per share.					$ 19,958
During January 2017, the Company issued 17,500 shares of common stock for cash proceeds of $700 at $0.04 per share.				$ 700
On September 13, 2017 we have issued the additional certificates in amount of 130,000 shares.		$ 130,000
There were total outstanding 2,797,500 shares; total restricted 2,130,000 shares; total non-restricted shares 667,500 as of October 31, 2017.	$ 2,797,500
We currently rent our physical property in Lithuania for a $400 monthly fee, starting on February 1, 2016 until February 1, 2018							$ 400
The Company has signed two additional lease agreements in Vilnius Lithuania, which commenced in June 2017, for $280 and $200 monthly fee.			$ 480