Superstar Platforms (OTC: SPST) is a Nevada-incorporated holding company that owns and operates PawnTrust, a digital marketplace designed exclusively for pawn shops. The company generates revenue primarily through interest income earned on a loan portfolio, as disclosed in the 10-K filed April 15, 2026 for fiscal year ended December 31, 2025. PawnTrust digitizes pawn shop inventory using image recognition technology and connects approximately 11,000 U.S. pawn shops with consumers through a mobile app and web platform at pawntrust.com. Operating expenses totaled $541,211 for FY2025, up 229.98% from $164,014 in FY2024, and the company recorded a net loss of $335,366 for FY2025. The company was incorporated in Nevada in 2002 as Simplagene USA Inc., operated as Dinewise Inc., and adopted its current name in March 2025. As of December 31, 2025, there were 182,289,904 common shares issued and outstanding. The company's long-term strategy is to build a diversified portfolio through acquisitions across technology-enabled marketplace and financial services industries.

Revenue model

Interest income earned on a loan portfolio is the primary disclosed revenue source as of FY2025. The PawnTrust marketplace platform, which facilitates borrowing, buying, and bartering transactions between pawn shops and consumers, represents a secondary and developing revenue avenue, though specific marketplace revenue figures are not disclosed in the filing.

Products and services

PawnTrust: a mobile app and online marketplace (pawntrust.com) that digitizes pawn shop inventory using image recognition algorithms, enabling consumers to browse and transact with participating pawn shops nationally. The platform supports borrowing, buying, and bartering. Intellectual property consists of proprietary software code, platform architecture, branding, and trade names. The company holds no issued patents as of the filing date.

Customers and end markets

End markets are U.S. pawn shops, addressed as 'Pawn Partners,' and consumers seeking to buy, borrow against, or barter secondhand goods. The filing cites approximately 11,000 pawn shops operating across the United States as the addressable merchant base.

Value-chain role

Marketplace intermediary sitting between pawn shop operators and retail consumers. The company provides technology infrastructure including image recognition for inventory digitization, mobile app access, and national distribution of pawn shop listings. It also operates as a direct lender, holding loans receivable on its balance sheet.

Geographic exposure

United States. No international operations are disclosed in the filing.

Source: SEC 10-K, filed 2026-04-15

Industry: Services-Business Services, NEC