Company: MYCB
Filing Date: 2025-10-29
Form Type: NT 10-K
Source: 0001640334-25-001895
Chunk: 3

Company: My City Builders, Inc.
Filing Date: 2025-10-29
Form: NT 10-K
Chunk 3
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 primarily to corporate administration and compliance. Total operating expenses for the year ended July 31, 2025 amounted to $103,944, down from $159,404 in 2024, reflecting the elimination of the subsidiaries’ operational overhead. The resulting net loss from continuing operations was $105,072, compared to $159,404 in the prior year.

5. Discontinued Operations

The discontinuation of the subsidiaries’ operations and the recognition of the loss on disposal resulted in a net loss from discontinued operations of $403,767 for fiscal 2025, compared to income of $185,158 in fiscal 2024. This includes a $247,904 loss on disposal and an operational loss of $155,863 from the discontinued entities prior to sale.

6. Summary of Anticipated Changes

The Company expects the forthcoming earnings statements to reflect:

- The elimination of revenue streams from inventory home sales and rental income.

- A substantial reduction in assets and liabilities due to the subsidiaries’ removal.

- A one-time loss on disposal of subsidiaries totaling approximately $247,904.

- Overall reduction in ongoing operational expenses and a simplified corporate structure focused on administrative continuity.

7. Reasonableness of Estimates

While the impact of the disposition has been quantified based on the finalized transactions and closing balances, future results may differ due to residual post-disposition adjustments or settlement of discontinued operations. However, management believes the estimates presented provide a reasonable and reliable representation of the financial position and operational results as of the reporting date.

| 3 |

| My City Builders, Inc.                       |
| (Name of Registrant as specified in charter) |

has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

| Date: October 29, 2025 | By: | /s/ Francis Pittilloni          |
|:-----------------------|:----|:--------------------------------|
|                        |     | Francis Pittilloni, Interim CFO |

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

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