Lingerie Fighting Championships, Inc. (LFC) reported its financial results for the second quarter of 2026, revealing a revenue increase of 19% to $30,464 compared to $25,551 in the same period last year. For the first half of 2026, revenue surged by 50% to $79,656, up from $53,038 in the first half of 2025. This growth is attributed primarily to a significant rise in advertising revenue, particularly from a partnership with Meta established in mid-2025. Despite the revenue growth, the company reported a gross loss of $1,246 for the second quarter, a stark contrast to the gross profit of $12,901 recorded in the same quarter of 2025, largely due to increased costs associated with subcontractor services and consulting fees.
Operating expenses for the second quarter decreased to $83,918 from $119,620 year-over-year, reflecting a reduction in travel and general administrative costs. However, total operating expenses for the first half of 2026 rose to $487,228, compared to $210,513 in the prior year, driven by a notable increase in stock-based compensation, which amounted to $279,013. The company reported a net loss of $281,355 for the second quarter, significantly improved from a loss of $2,925,223 in the same quarter of 2025. For the first half of 2026, LFC achieved a net income of $157,926, a substantial turnaround from a loss of $1,645,715 in the first half of 2025.
On the balance sheet, LFC's total assets decreased to $63,976 as of June 30, 2026, down from $106,213 at the end of 2025. Current assets also fell to $24,787 from $40,141, primarily due to a reduction in cash and cash equivalents and accounts receivable. The company's current liabilities decreased slightly to $5,894,511 from $6,438,960, resulting in a working capital deficiency of $5,869,724. The company continues to face challenges related to its accumulated deficit, which stands at $11,580,029.
In terms of operational developments, LFC has seen a significant increase in its social media presence, growing its follower count by nearly 500% to 6 million and averaging 300 million views per month. The company has successfully hosted three events in 2026, with plans for at least three more, including a season finale in Italy scheduled for Halloween. The company’s strategic focus remains on expanding its brand and increasing the popularity of its events through various media channels.
Looking ahead, LFC's management acknowledges the need for additional financing to support ongoing operations and growth initiatives. The company plans to pursue equity financing arrangements, although there is no assurance that these efforts will be successful. The financial statements indicate substantial doubt about the company's ability to continue as a going concern, emphasizing the importance of securing further investment to sustain its business model.
About LINGERIE FIGHTING CHAMPIONSHIPS, INC.
Lingerie Fighting Championships, Inc. develops and promotes a niche sports entertainment league featuring female wrestlers and MMA fighters. The company produces live events, televised programming, and digital content, leveraging social media and merchandise sales to build its brand. Operating primarily in the U.S. and Europe, it focuses on entertainment for mature audiences, competing with major wrestling and MMA organizations through unique all-female fight formats.
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