Company: MYCB
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001640334-25-002067
Chunk: 94

Company: My City Builders, Inc.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 11
Chunk 94
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 by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 29Table of Contents

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

 Page     Report of Independent Registered Public Accounting Firm (PCAOB ID 6706) F-2     Report of Independent Registered Public Accounting Firm (PCAOB ID 7000) F-3  Consolidated Balance Sheets as of July 31, 2025, and 2024 F-4 Consolidated Statements of Operations for the years ended July 31, 2025, and 2024 F-5 Consolidated Statements of Changes in Stockholders’ Equity (Deficit) for the years ended July 31, 2025, and 2024 F-6 Consolidated Statements of Cash Flows for the years ended July 31, 2025, and 2024 F-7 Notes to Consolidated Financial Statements F-8

 F-1Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of

My City Builders, Inc.

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheet of My City Builders, Inc. (the “Company”) as of July 31, 2024, and the related consolidated statements of operations and comprehensive loss, changes in shareholders’ equity, and cash flows for the year then ended, including the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as of July 31, 2024, and the consolidated results of its operations and its consolidated cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States of America.

Going Concern

The accompanying consolidated financial statements have been prepared assuming that My City Builders, Inc. will continue as a going concern. The Company has negative operating cashflow and is in need of additional capital to grow its operations so that it can become profitable. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans with regard to these matters are described in Note 3. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility