My City Builders Posts $94,244 Net Loss in H1 FY2026 on Zero Revenue

My City Builders, Inc., a Nevada-based development company, reported a net loss of $94,244 for the six months ending January 31, 2026, compared to a loss of $152,784 in the prior-year period. The company generated no revenue in either period. Read more earnings reports.

For the three months ending January 31, 2026, the net loss totaled $62,107, an improvement from the $78,299 loss in the same quarter of fiscal 2025. Operating expenses for the quarter rose to $53,610 from $39,442 a year earlier, a 36% increase.

Cash on hand stood at $14,823 as of January 31, 2026, up from $2,189 six months earlier but down from $17,349 a year ago. The company burned $39,767 in cash from operations during the first half of fiscal 2026, a significant improvement from the $415,348 outflow in the year-earlier period.

Total assets surged to $399,286 as of January 31, 2026, from $42,812 six months prior, driven by a $350,000 addition to property, plant and equipment. The company held no fixed assets at the end of fiscal 2025.

Stockholders' equity turned negative at minus $7,275 as of January 31, 2026, compared to positive equity of $4,469 six months earlier. Retained deficit widened to $4.99 million from $4.89 million over the same span.

The company raised $52,401 from financing activities during the six-month period, down sharply from $679,467 in the first half of fiscal 2025. Total liabilities climbed to $406,561 from $38,343 at the prior fiscal year-end.

Common shares outstanding increased to 17.93 million as of January 31, 2026, from 16.28 million at the end of July 2025. Diluted loss per share for the six-month period was $0.01, matching the year-earlier figure.

Financial Summary