Company: MYCB
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001640334-25-002067
Chunk: 472

Company: My City Builders, Inc.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 4
Chunk 472
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4, respectively. The decrease in net loss of $54,332 was primarily attributed to a reduction in operating expenses of $55,460, offset by an increase in income tax of $1.128. 

Operating expenses for the years ended July 31, 2025, and 2024 were $103,944 and $159,404, respectively. For the years ended July 31, 2025, and 2024, the operating expenses were primarily attributed to professional fees of $100,084 and $159,028, general and administrative expenses of $3,860 and $376, respectively. 

 15Table of Contents

Discontinued Operations

  Years Ended       July 31      2025  2024  Change Revenue $391,554  $59,300  $(332,254)Operating expenses  469,125   178,266   290,861 Other (income) expenses   84,942   (304,122)  389,064 Net loss (income) from discontinued operations   162,513   (185,156)  347,671              Loss on sale of subsidiaries  230,730   -   230,730 Net loss (income) from sales of subsidiaries $393,243  $(185,156) $578,401 

For the years ended July 31, 2025, and 2024, we generated revenue from rent income of $ 121,624 and $59,300 and sales of inventory homes of $269,930 and $0, respectively.

We had a net loss of $393,243 for the year ended July 31, 2025, and net income of $185,156 for the year ended July 31, 2024. The increase in net loss of $578,401 was primarily attributed to an increase in operating expenses of $290,861, other expenses of $389,064, loss on sales of subsidiaries of $230,730, offset by an increase in revenue of $332,254. 

Operating expenses for the years ended July 31, 2025, and 2024 were $469,125 and $178,266, respectively. For the years ended July 31, 2025, and 2024, the operating expenses were primarily attributed to cost of selling inventory homes of $ 294,136 and