Welcome to our dedicated page for Blueone Card SEC filings (Ticker: BCRD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to SEC filings for BlueOne Card Inc (BCRD), a financial technology company operating in the prepaid card distribution sector. Understanding BlueOne Card's regulatory history requires noting that the company suspended its SEC reporting obligations in May 2019 through the filing of Form 15. This means the company is no longer subject to continuous periodic reporting requirements including quarterly 10-Q reports and annual 10-K filings that apply to fully reporting public companies.
Prior to suspending its reporting obligations, BlueOne Card filed various documents with the Securities and Exchange Commission that documented the company's business transformations and financial performance. These historical filings provide insight into the company's evolution from its original operations in home furnishings retail through subsequent pivots to mining and construction, and ultimately to financial technology services. The filing archive documents multiple corporate name changes including Avenue South Ltd, TBSS International Inc, Manneking Inc, and the current BlueOne Card Inc designation adopted in June 2020.
For companies that have suspended SEC reporting through Form 15 filings, the available regulatory documents typically include historical 10-K annual reports, 10-Q quarterly filings, and 8-K current reports filed before the suspension took effect. Additional filings may include documents related to corporate actions such as name changes, reverse stock splits, and changes in business operations. While current periodic financial disclosures are not required for non-reporting companies, certain material corporate events may still trigger limited filing obligations.
Investors researching BlueOne Card should recognize that the reduced disclosure obligations associated with Form 15 suspension mean less publicly available financial information compared to companies maintaining full SEC reporting status. The historical filings archived here provide context about the company's regulatory history and past business operations, though current operational and financial details may be limited compared to fully reporting public companies trading on major exchanges.
BlueOne Card, Inc. (BCRD) reported its quarterly results for the period ended September 30, 2025, showing an early revenue ramp but continued losses and liquidity pressure. The company generated $29,650 in revenue for the quarter and $125,206 for the six months, all from its new implementation, licensing and subscription fees, compared with no revenue a year earlier. Operating expenses of $467,482 for the quarter and $900,961 for six months led to a net loss attributable to common shareholders of $364,007 for the quarter and $638,037 year-to-date.
Cash fell to just $496 at September 30, 2025, versus $46,018 at March 31, 2025, and the company disclosed a working capital deficit of $2,231,728. Management states there is “substantial doubt” about BlueOne Card’s ability to continue as a going concern without additional funding and shareholder support.
During the period, BlueOne continued integrating its December 2024 acquisition of Millenium EBS, Inc., which added the Millenium Payment Hub platform, $10.78 million of goodwill, and a non-controlling interest of $5.66 million. The platform drove new software-related revenues but also contributed to higher amortization and general and administrative expenses. The company also made only modest equity raises, selling 1,812 common shares for $8,150 during the six months and, after quarter-end, 22,223 shares for $100,000.
BlueOne Card, Inc. (BCRD) filed a Form 12b-25 (NT 10-Q), notifying a late filing for its quarterly report for the period ended September 30, 2025. The company cites that it has been unable to complete the review process with its auditor. The notification was signed by CEO James Koh on November 14, 2025.
BlueOne Card, Inc. reported a quarterly net loss of $343,513 and used $50,016 in operating cash for the three months ended June 30, 2025, contributing to a cash decrease of $45,690. The company has an accumulated deficit of $5,197,025 and a working capital deficit of $1,906,788, and management states these factors raise substantial doubt about the company’s ability to continue as a going concern for 12 months without additional financing or shareholder support.
The company completed a business combination to acquire a 60% interest in Millenium EBS, Inc. (MEI) on December 13, 2024, issuing 2,100,000 common shares (valued at $4.00 per share) and agreeing to $500,000 cash consideration (payment extended and $430,000 remained unpaid at June 30, 2025). The acquisition produced goodwill of $10,782,814 and capitalized the Millenium Payment Hub software for $4,070,000. The company recorded a 100% allowance on loans receivable of $102,305 and increased allowance for credit losses on accounts receivable to $106,629.