Here are the 10-Q quarterly reports from Jubilant Flame Intl (JFIL) in our archive since June 2025, 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.
Jubilant Flame International, Ltd (JFIL) reported no revenue for the six months ended August 31, 2026, and a net loss of $45,008, compared with $32,502 a year earlier. Net cash used in operating activities was $32,496, and period-end cash was $1,660. As of August 31, current assets were $5,665 and current liabilities were $1,470,765, resulting in a $1,465,100 working capital deficit. The company said its current operating plan does not provide enough cash for at least the next 12 months and disclosed substantial doubt about its ability to continue as a going concern.
The company reported that its disclosure controls and procedures were not effective. It also reported $845,616 owed to CEO Yan Li under non-interest-bearing, unsecured related-party loans due upon demand. A 1-for-100 reverse stock split took effect September 9, 2026, reducing issued and outstanding common shares from 19,985,708 to 199,867; authorized shares and par value per share were unchanged. Management said it may seek equity or debt financing or borrowings, with no guarantee of success.
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.
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.
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.