MYCB
My City Builders, Inc.0.8480
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
15.20MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
Q2 FY2026 results
My City Builders posted a $62k net loss from continuing operations for Q2 FY2026 ended January 31, 2026, up 53% y/y from $40k, driven by $53k operating expenses (mostly professional fees) plus $8k related-party interest; six-month loss hit $94k, 20% above prior year. No revenue yet, post-subsidiary sale. Cash climbed to $15k on $83k stock issuance, but working capital flipped to -$7k deficit amid $350k related-party note for Glencoe land (9.5%, due 2028)—construction must start by Oct 2026 or risk default. Land rezoned Dec 2025. Related-party funding props it up. Cash burn halved to $40k. Going concern doubts linger.
10-Q
Q1 FY2026 results
My City Builders posted no revenue and a $32,137 net loss from continuing operations for Q1 FY2026 ended October 31, 2025, trimming the prior-year loss by $5,680 y/y thanks to lower professional fees, while operating cash burn stayed minimal at $90. Acquired 4 acres in Glencoe, Alabama for $350,000 via related-party promissory note (9.5% interest, due October 2028), targeting 25 multi-family units starting with an 8-unit duplex; construction must begin by October 2026 or risk default. Cash sits at $2,099 with a $27,668 working capital deficit. Related-party financing props it up. Controls remain weak.
10-K
FY2025 results
My City Builders swung to a net loss of $498,315 for FY2025 ended July 31, 2025, after a slim $25,752 profit the prior year, driven by the July 8 sale of its real estate subsidiaries that triggered a $230,730 disposal loss and $162,513 discontinued operations hit, while continuing operations narrowed its loss to $105,072 on slashed professional fees. Discontinued real estate activities generated $391,554 in revenue—up sharply from $59,300—with $121,624 from rentals and $269,930 from selling two homes, yet operating expenses climbed to $469,125 amid construction and sales costs, erasing prior-year gains from a $1.3 million nonmonetary property settlement. Cash dwindled to $2,189 amid $504,584 in operating outflows, offset by $877,844 in financing inflows including related-party advances and bank borrowings; the firm ended with positive working capital of $4,469 after shedding subsidiary liabilities. No dividends paid beyond the $35,623 minority distribution. Thin liquidity persists. Ongoing litigation with partners could stall property deals.
8-K
Acquires Alabama land via affiliate note
My City Builders acquired 4 acres in Glencoe, Alabama, from affiliate RAC Gadsden for a $350,000 secured note at 9.5% interest, due October 30, 2028. Plans call for up to 25 multi-family units, starting with an 8-unit duplex. No longer a shell company. Construction must begin within one year, or default risks property return.
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