Jubilant Flame International Reports $19,190 Net Loss with No Revenue for Quarter Ending May 31, 2025

Jubilant Flame International, Ltd. reported its financial results for the three-month period ending May 31, 2025, revealing a net loss of $19,190, a decrease from the net loss of $22,171 recorded in the same period of the previous year. The company did not generate any revenue during this quarter, consistent with its performance in the prior year. Total operating expenses for the quarter were $19,190, down from $22,171 in the previous year, primarily due to reduced operating, selling, general, and administrative expenses.

The company's balance sheet as of May 31, 2025, shows total assets of $9,025,000, a decline from $12,925,000 reported at the end of February 2025. Current liabilities increased slightly to $1,384,800 from $1,369,510, with notable components including accounts payable to related parties and accrued expenses. The stockholders' deficit widened to $1,375,775 from $1,356,585, reflecting the net loss incurred during the quarter.

In terms of operational metrics, Jubilant Flame maintained a consistent number of shares outstanding at 19,985,708. The company’s cash and cash equivalents remained stable at $1,225, a slight decrease from $1,345 at the beginning of the period. The company reported net cash used in operating activities of $5,872, which was offset by net cash provided by financing activities of the same amount, primarily from related party loans.

Strategically, Jubilant Flame has not disclosed any significant acquisitions, product launches, or organizational changes in this filing. The company continues to focus on managing its expenses while navigating a challenging market environment that has impacted its revenue generation capabilities. The lack of revenue and the ongoing losses indicate that the company is still in a developmental phase, potentially seeking new opportunities for growth.

Looking ahead, Jubilant Flame International has not provided specific forward-looking statements in this filing. However, the company’s management may need to explore avenues for revenue generation and operational efficiency to improve its financial standing and reduce the stockholders' deficit in future periods. The current financial position suggests a need for strategic initiatives to enhance market presence and operational performance.