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JUBILANT FLAME INTL LTD 10-Q Filings

JFIL OTC

Every 10-Q that JUBILANT FLAME INTL LTD (JFIL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow JFIL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full JFIL filings page.

Rhea-AI Summary

Jubilant Flame International, Ltd. reported another pre-revenue quarter for the three months ended May 31, 2026. The company generated no revenue and recorded a net loss of $29,731, compared with a $19,190 loss in the prior-year period, driven mainly by higher professional fees.

Total assets were $9,725, consisting primarily of cash of $1,715 and prepaid expenses of $8,010. Current liabilities totaled $1,459,548, including a $834,225 non-interest-bearing loan from the CEO and $535,500 of accrued officer compensation, resulting in a working capital deficit of $1,449,823 and a stockholders’ deficit of $1,449,823.

The company remains pre-revenue in its technical support services for nutrition food products. Management explicitly states that these conditions and the accumulated deficit of $3,938,854 raise substantial doubt about the ability to continue as a going concern, and plans rely on additional related-party loans or external financing. Disclosure controls and procedures were assessed as not effective.

Rhea-AI Summary

Jubilant Flame International Ltd reported another quarter with no revenue and a small net loss, highlighting ongoing operating challenges. For the three months ended November 30, 2025, the company recorded a net loss of $14,496, and for the nine months the loss was $46,998, similar to the prior-year period. Operating expenses for the nine months were $46,998, driven mainly by professional fees and OTC listing service costs.

The balance sheet remains very weak. As of November 30, 2025, cash was $4,175 against current liabilities of $1,407,758, creating a working capital deficit of $1,403,583 and an accumulated deficit of $3,892,614. Management states that these conditions raise substantial doubt about the company’s ability to continue as a going concern and expects to rely on additional equity or debt financing and loans from related parties.

The business has not generated significant revenue from its nutrition product technical support line, and operations are funded primarily through a non‑interest‑bearing, on‑demand loan from the CEO, which totaled $789,232 at November 30, 2025, and accrued officer compensation of $535,500. Management also concluded that disclosure controls and procedures were not effective. As of January 13, 2026, 19,985,708 shares of common stock were outstanding.

Rhea-AI Summary

Jubilant Flame International Ltd (JFIL) filed its quarterly report for the period ended August 31, 2025. The company reported $0 revenue and a net loss of $13,312 for the quarter; for the six months, the net loss was $32,502. Management disclosed a going concern uncertainty, citing a working capital deficit of $1,389,087 as of August 31, 2025. Current assets were $5,125 (including $1,225 cash) against $1,394,212 in current liabilities. The accumulated deficit reached $3,878,118.

Operations remain minimal with expenses primarily in professional and OTC filing fees. Related-party financing continues to support liquidity: a $770,958 non‑interest‑bearing, demand loan from the CEO and $535,500 in accrued officer compensation were outstanding. Management concluded that disclosure controls and procedures were not effective. Common shares outstanding were 19,985,708 as of October 24, 2025.