Lingerie Fighting Championships Reports 45% Revenue Growth in Q3 2025, Despite Nine-Month Decline

Lingerie Fighting Championships, Inc. (LFC) reported significant financial developments in its latest 10-Q filing for the quarter ending September 30, 2025. The company generated revenues of $34,122 for the three months ended September 30, 2025, marking a 45% increase from $23,533 in the same period of 2024. However, for the nine-month period, revenues decreased by 15% to $87,160 from $103,041 year-over-year. The increase in quarterly revenue was attributed primarily to a rise in advertising revenue, while the decline in the nine-month figure was linked to reduced advertising and sponsorship income.

The company's cost of services surged to $145,425 in the third quarter of 2025, up from $12,509 in the prior year, reflecting increased production and promotion costs associated with events held in the UK. Consequently, LFC reported a gross loss of $111,303 for the quarter, compared to a gross profit of $11,024 in the same quarter of 2024. For the nine-month period, the gross loss was $81,979, a significant decline from a gross profit of $32,989 in the previous year. Operating expenses decreased slightly to $119,040 from $169,120 in the third quarter of 2024, primarily due to lower stock-based compensation and professional fees.

In terms of net income, LFC reported a net income of $1,280,938 for the third quarter of 2025, a substantial turnaround from a net loss of $770,144 in the same quarter of 2024. This improvement was largely driven by gains from changes in the fair value of derivative liabilities associated with convertible notes and warrants. For the nine-month period, the company reduced its net loss to $364,777 from $1,610,579 in the prior year, indicating a positive trend in financial performance.

Operationally, LFC has expanded its reach, recently holding two successful events in the UK, which contributed to a significant increase in its social media following from under 1.5 million to 3.5 million. The company has also added new broadcasting partners and is in discussions with potential sponsors, indicating a strategic push to enhance its market presence. As of September 30, 2025, LFC's total assets increased to $223,312 from $4,552 at the end of 2024, primarily due to cash and digital assets acquisitions.

Looking ahead, LFC faces challenges with a working capital deficiency of $6,244,531 and an accumulated deficit of $11,535,572. The company plans to address its financial needs through equity financing arrangements, although there is substantial doubt about its ability to continue as a going concern without additional funding. Management remains optimistic about the long-term potential of its recent investments in UK events and digital assets, anticipating that these initiatives will yield increased revenue and profitability in the coming months.