$HBUV
Hubilu Venture Corp Stock $hbuv

$hbuv Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000149315223039919 Filed on November 08, 2023

Income Statement

Concept	2023 Q4	2023 Q3	2022 Q4
Revenue	$577.9K	$473.1K	$437.8K
YoY Change	32.01%	32.1%	36.36%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$569.1K	$100.0K	$123.3K
YoY Change	361.41%	15.5%	65.72%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$27.76K	$57.78K	$55.05K
YoY Change	-49.57%	6.9%	70.28%
% of Gross Profit
Operating Expenses	$607.8K	$168.4K	$196.1K
YoY Change	209.97%	7.48%	-615.05%
Operating Profit		$304.7K
YoY Change		51.25%
Interest Expense	-$279.5K	$242.6K	-$233.9K
YoY Change	19.51%	-0.44%	-0.34%
% of Operating Profit		79.64%
Other Income/Expense, Net	-$25.95K	-$242.6K	$0.00
YoY Change		-0.44%	-100.0%
Pretax Income	-$335.3K	$60.00K	$7.850K
YoY Change	-4371.08%	-241.98%	-109.21%
Income Tax
% Of Pretax Income
Net Earnings	-$335.3K	$62.04K	$7.850K
YoY Change	-4371.08%	-246.8%	-109.21%
Net Earnings / Revenue	-58.01%	13.11%	1.79%
Basic Earnings Per Share		$0.00
Diluted Earnings Per Share	-$0.01	$0.00	$0.00
COMMON SHARES
Basic Shares Outstanding	26.24M shares	26.24M shares
Diluted Shares Outstanding		26.27M shares

Balance Sheet

Concept	2023 Q4	2023 Q3	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$31.16K	$20.00K	$98.85K
YoY Change	-68.48%	-54.98%	-53.0%
Cash & Equivalents	$24.56K	$17.51K	$92.07K
Short-Term Investments
Other Short-Term Assets	$9.500K
YoY Change
Inventory
Prepaid Expenses	$9.500K
Receivables	$2.100K
Other Receivables	$0.00
Total Short-Term Assets	$36.16K	$17.51K	$92.07K
YoY Change	-60.72%	-53.71%	-54.81%
LONG-TERM ASSETS
Property, Plant & Equipment	$16.79M	$17.15M	$16.99M
YoY Change	-1.16%	1.26%	22.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$16.80M	$17.16M	$17.00M
YoY Change	-1.16%	1.26%	22.23%
TOTAL ASSETS
Total Short-Term Assets	$36.16K	$17.51K	$92.07K
Total Long-Term Assets	$16.80M	$17.16M	$17.00M
Total Assets	$16.84M	$17.17M	$17.09M
YoY Change	-1.49%	1.14%	21.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$21.25K	$10.99K
YoY Change
Accrued Expenses	$39.40K	$10.00K	$9.420K
YoY Change	318.26%	-45.65%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$520.0K	$610.0K
YoY Change	-100.0%	-94.68%	-90.5%
Long-Term Debt Due	$520.4K
YoY Change
Total Short-Term Liabilities	$1.794M	$1.838M	$2.524M
YoY Change	-28.93%	104.73%	82.52%
LONG-TERM LIABILITIES
Long-Term Debt	$16.47M	$16.50M	$16.49M
YoY Change	-0.09%	136.52%	110.32%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$16.47M	$16.50M	$16.49M
YoY Change	-0.09%	136.52%	110.32%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.794M	$1.838M	$2.524M
Total Long-Term Liabilities	$16.47M	$16.50M	$16.49M
Total Liabilities	$18.02M	$17.97M	$17.98M
YoY Change	0.2%	0.41%	20.41%
SHAREHOLDERS EQUITY
Retained Earnings	-$2.121M	-$1.681M	-$1.741M
YoY Change	21.84%	-3.88%	7.03%
Common Stock	$938.1K	$887.4K	$26.24K
YoY Change	3475.6%	3282.43%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$1.183M	-$793.4K	-$892.6K
YoY Change
Total Liabilities & Shareholders Equity	$16.84M	$17.17M	$17.09M
YoY Change	-1.49%	1.14%	21.12%

Cashflow Statement

Concept	2023 Q4	2023 Q3	2022 Q4
OPERATING ACTIVITIES
Net Income	-$335.3K	$62.04K	$7.850K
YoY Change	-4371.08%	-246.8%	-109.21%
Depreciation, Depletion And Amortization	$27.76K	$57.78K	$55.05K
YoY Change	-49.57%	6.9%	70.28%
Cash From Operating Activities	-$219.8K	$140.0K	$61.79K
YoY Change	-455.67%	229.64%	375.67%
INVESTING ACTIVITIES
Capital Expenditures	-$330.0K	$110.0K	$110.9K
YoY Change	-397.65%	-194.36%	-187.77%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$330.0K	-$110.0K	-$110.9K
YoY Change	-397.65%	-5.64%	-12.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-97.74K	-50.00K	103.3K
YoY Change	-194.58%	-61.29%	-64.02%
NET CHANGE
Cash From Operating Activities	-219.8K	140.0K	61.79K
Cash From Investing Activities	330.0K	-110.0K	-110.9K
Cash From Financing Activities	-97.74K	-50.00K	103.3K
Net Change In Cash	12.49K	-20.00K	54.26K
YoY Change	-76.98%	-90.16%	-68.79%
FREE CASH FLOW
Cash From Operating Activities	-$219.8K	$140.0K	$61.79K
Capital Expenditures	-$330.0K	$110.0K	$110.9K
Free Cash Flow	$110.2K	$30.00K	-$49.08K
YoY Change	-324.59%	-81.14%	-135.23%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Central Index Key EntityCentralIndexKey	0001639068
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent		usd
CY2022Q4	us-gaap	Advance Rent AdvanceRent		usd
CY2023Q3	us-gaap	Notes Payable NotesPayable		usd
CY2023Q3	us-gaap	Other Income OtherIncome		usd
CY2022Q3	us-gaap	Other Income OtherIncome		usd
	us-gaap	Other Income OtherIncome		usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits		usd
	HBUV	Advanced Rents Received AdvancedRentsReceived		usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired		usd
	us-gaap	Real Estate Acquisitions Through Foreclosures RealEstateAcquisitionsThroughForeclosures		usd
CY2022Q4	us-gaap	Advance Rent AdvanceRent		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-55611
	dei	Entity Registrant Name EntityRegistrantName	Hubilu Venture Corporation
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-3342387
	dei	Entity Address Address Line1 EntityAddressAddressLine1	205 South Beverly Drive
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 205
	dei	Entity Address City Or Town EntityAddressCityOrTown	Beverly Hills
	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	90212
	dei	City Area Code CityAreaCode	(310)
	dei	Local Phone Number LocalPhoneNumber	308-7887
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Shell Company EntityShellCompany	false
CY2023Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	26237125	shares
CY2023Q3	us-gaap	Cash Cash	17506	usd
CY2022Q4	us-gaap	Cash Cash	92068	usd
CY2023Q3	us-gaap	Assets Current AssetsCurrent	17506	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	92068	usd
CY2023Q3	us-gaap	Land Land	11800304	usd
CY2022Q4	us-gaap	Land Land	11800304	usd
CY2023Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	5785007	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	5458695	usd
CY2023Q3	HBUV	Property Acquisition And Financing PropertyAcquisitionAndFinancing	298704	usd
CY2022Q4	HBUV	Property Acquisition And Financing PropertyAcquisitionAndFinancing	296463	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	735426	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	564647	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	17148589	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	16990815	usd
CY2023Q3	us-gaap	Deposits Assets DepositsAssets	6600	usd
CY2022Q4	us-gaap	Deposits Assets DepositsAssets	6783	usd
CY2023Q3	us-gaap	Assets Assets	17172695	usd
CY2022Q4	us-gaap	Assets Assets	17089666	usd
CY2023Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	10987	usd
CY2023Q3	us-gaap	Advance Rent AdvanceRent	5087	usd
CY2023Q3	us-gaap	Interest Payable Current InterestPayableCurrent	14792	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	9415	usd
CY2023Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	269819	usd
CY2022Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	246669	usd
CY2023Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	474271	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	474271	usd
CY2023Q3	HBUV	Mortgages Payable Current Maturities MortgagesPayableCurrentMaturities	890077	usd
CY2022Q4	HBUV	Mortgages Payable Current Maturities MortgagesPayableCurrentMaturities	604744	usd
CY2023Q3	us-gaap	Dividends Payable Current DividendsPayableCurrent	172922	usd
CY2022Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	153514	usd
CY2023Q3	us-gaap	Liabilities Current LiabilitiesCurrent	1837955	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1488613	usd
CY2022Q4	us-gaap	Notes Payable NotesPayable	89593	usd
CY2023Q3	HBUV	Mortgages Payable Current MortgagesPayableCurrent	15607736	usd
CY2022Q4	HBUV	Mortgages Payable Current MortgagesPayableCurrent	15883637	usd
CY2023Q3	HBUV	Preferred Shares Value PreferredSharesValue	520400	usd
CY2022Q4	HBUV	Preferred Shares Value PreferredSharesValue	520400	usd
CY2023Q3	us-gaap	Liabilities Liabilities	17966091	usd
CY2022Q4	us-gaap	Liabilities Liabilities	17982243	usd
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	26237125	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	26237125	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	26237125	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	26237125	shares
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	26237	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	26237	usd
CY2023Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	861210	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	821981	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1680843	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1740795	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	-793396	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-892577	usd
CY2023Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17172695	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17089666	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	473105	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	358146	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1308041	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1141886	usd
CY2023Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	17200	usd
CY2022Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	15100	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	48800	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	64475	usd
CY2023Q3	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	10003	usd
CY2022Q3	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	16080	usd
	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	35888	usd
	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	48665	usd
CY2023Q3	us-gaap	Professional Fees ProfessionalFees	13476	usd
CY2022Q3	us-gaap	Professional Fees ProfessionalFees	10769	usd
	us-gaap	Professional Fees ProfessionalFees	68032	usd
	us-gaap	Professional Fees ProfessionalFees	53016	usd
CY2023Q3	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	43752	usd
CY2022Q3	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	41060	usd
	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	135113	usd
	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	146251	usd
CY2023Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	26228	usd
CY2022Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	19655	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	75647	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	136516	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	110659	usd
CY2022Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	102664	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	363480	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	448923	usd
CY2023Q3	us-gaap	Depreciation Depreciation	57775	usd
CY2022Q3	us-gaap	Depreciation Depreciation	54047	usd
	us-gaap	Depreciation Depreciation	170779	usd
	us-gaap	Depreciation Depreciation	153561	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	168434	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	156711	usd
	us-gaap	Operating Expenses OperatingExpenses	534259	usd
	us-gaap	Operating Expenses OperatingExpenses	602484	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	304671	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	201435	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	773782	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	539402	usd
	us-gaap	Other Income OtherIncome	29800	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	242631	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	243698	usd
	us-gaap	Interest Expense InterestExpense	713830	usd
	us-gaap	Interest Expense InterestExpense	691333	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-242631	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-243698	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-713830	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-661533	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	62040	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-42263	usd
	us-gaap	Net Income Loss NetIncomeLoss	59952	usd
	us-gaap	Net Income Loss NetIncomeLoss	-122131	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26237125	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26237125	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26237125	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26237125	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26268349	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26237125	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26268349	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26237125	shares
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-868656	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	13220	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	62040	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	-793396	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-887922	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	16816	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-42263	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-913369	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-892577	usd
	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	39229	usd
	us-gaap	Net Income Loss NetIncomeLoss	59952	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	-793396	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-824517	usd
	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	33279	usd
	us-gaap	Net Income Loss NetIncomeLoss	-122131	usd
	us-gaap	Net Income Loss NetIncomeLoss	-122131	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-913369	usd
	us-gaap	Net Income Loss NetIncomeLoss	59952	usd
	us-gaap	Net Income Loss NetIncomeLoss	-122131	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	170779	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	153561	usd
	HBUV	Imputed Interest Paid ImputedInterestPaid	39229	usd
	HBUV	Imputed Interest Paid ImputedInterestPaid	33004	usd
	HBUV	Cummulative Preferred Stock Dividends Payable CummulativePreferredStockDividendsPayable	19408	usd
	HBUV	Cummulative Preferred Stock Dividends Payable CummulativePreferredStockDividendsPayable	33279	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	183	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	10987	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	179	usd
	HBUV	Advanced Rents Received AdvancedRentsReceived	5087	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	5377	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	18222	usd
	HBUV	Increase Decrease In Security Deposits Payable IncreaseDecreaseInSecurityDepositsPayable	23150	usd
	HBUV	Increase Decrease In Security Deposits Payable IncreaseDecreaseInSecurityDepositsPayable	63437	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	334152	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	179551	usd
	us-gaap	Payments To Acquire Buildings PaymentsToAcquireBuildings	328553	usd
	us-gaap	Payments To Acquire Buildings PaymentsToAcquireBuildings	449026	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-328553	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-449026	usd
	HBUV	Proceeds Received From Mortgages Payable ProceedsReceivedFromMortgagesPayable	102100	usd
	HBUV	Proceeds Received From Mortgages Payable ProceedsReceivedFromMortgagesPayable	633195	usd
	HBUV	Repayments On Mortgages Payable RepaymentsOnMortgagesPayable	182261	usd
	HBUV	Repayments On Mortgages Payable RepaymentsOnMortgagesPayable	539637	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	10000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-80161	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	103558	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-74562	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-165917	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	92068	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	203738	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	17506	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	37821	usd
	us-gaap	Interest Paid Net InterestPaidNet	669224	usd
	us-gaap	Interest Paid Net InterestPaidNet	639863	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	63707	usd
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	2739632	usd
	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_80A_eus-gaap--NatureOfOperations_za2wrXi07ti3" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>NOTE 1 – <span id="xdx_826_ziM4Rn2nxSp9">NATURE OF BUSINESS</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Hubilu Venture Corporation (“the Company”) was incorporated under the laws of the state of Delaware on March 2, 2015 and is a publicly traded real estate consulting, asset management and business acquisition company, which specializes in acquiring student housing income properties and development/business opportunities located near the Los Angeles Metro/subway stations and within the Los Angeles area.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p>
CY2023Q3	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements	4066456	usd
CY2023Q3	us-gaap	Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements	1718551	usd
	us-gaap	Basis Of Accounting BasisOfAccounting	<p id="xdx_807_eus-gaap--BasisOfAccounting_zOsIcZ6lzYhc" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>NOTE 2 – <span id="xdx_829_zAlZiHhYehTk">BASIS OF PRESENTATION AND ABILITY TO CONTINUE AS A GOING CONCERN</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">The accompanying consolidated financial statements include the accounts of the Company and each of its wholly owned subsidiaries: Akebia Investments LLC, Zinnia Investments, LLC, Sunza Investments, LLC, Lantana Investments LLC, Elata Investments, LLC, Trilosa Investments, LLC, Kapok Investements, LLC, Boabab Investments, LLC and Mopane Investments, LLC. All intercompany transactions have been eliminated on consolidation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">The financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) on the basis that the Company will continue as a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for the next year. Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. At September 30, 2023, the Company had not yet achieved profitable operations, had an accumulated deficit of $<span id="xdx_903_eus-gaap--RetainedEarningsAccumulatedDeficit_iNI_di_c20230930_zIcMtu8RgZyl" title="Accumulated deficit">1,680,843</span> and expects to incur further losses in the development of its business, all of which casts substantial doubt upon the Company’s ability to continue as a going concern and, therefore, that it may be unable to realize its assets and discharge its liabilities in the normal course of business. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. Management intends to focus on raising additional funds either by way of debt or equity issuances in order to continue operations. The Company cannot provide any assurance or guarantee that it will be able to obtain additional financing or generate revenues sufficient to maintain operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p>
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1680843	usd
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p id="xdx_846_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zzg1bXEDDf04" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b><span id="xdx_86B_zPPQ0c1O0oA8">Reclassification</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Certain reclassifications have been made to the prior years’ financial statements to conform to current year presentation. These reclassifications had no effect on previously reported results of operations or retained earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p>
CY2022Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	17555462	usd
CY2021Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	14255927	usd
CY2022	us-gaap	Real Estate Acquisitions Through Foreclosures RealEstateAcquisitionsThroughForeclosures	2739632	usd
	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	17555462	usd
CY2022	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	16995559	usd
	us-gaap	Real Estate Improvements RealEstateImprovements	328553	usd
CY2022	us-gaap	Real Estate Improvements RealEstateImprovements	559903	usd
CY2023Q3	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	17884015	usd
CY2022Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	17555462	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	564647	usd
CY2021Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	356036	usd
	us-gaap	Depreciation Depreciation	170779	usd
	us-gaap	Depreciation Depreciation	153561	usd
CY2023Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	735426	usd
CY2022Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	509597	usd
CY2023Q3	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Land RealEstateAndAccumulatedDepreciationInitialCostOfLand	11800304	usd
CY2023Q3	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	735426	usd
CY2023Q3	srt	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	16162813	usd
CY2023Q3	HBUV	Real Estate And Accumulated Depreciation Amount Of Security Deposits RealEstateAndAccumulatedDepreciationAmountOfSecurityDeposits	269819	usd
CY2023Q3	HBUV	Real Estate And Accumulated Depreciation Closing Costs RealEstateAndAccumulatedDepreciationClosingCosts	298704	usd
CY2023Q3	us-gaap	Advance Rent AdvanceRent	5087	usd
CY2023Q3	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	16497813	usd
CY2022Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	16488381	usd
CY2023Q3	HBUV	Current Maturities CurrentMaturities	890077	usd
CY2022Q4	HBUV	Current Maturities CurrentMaturities	604744	usd
CY2023Q3	HBUV	Mortgages Payable MortgagesPayable	15607736	usd
CY2022Q4	HBUV	Mortgages Payable MortgagesPayable	15883637	usd
	HBUV	Interest Charge InterestCharge	39229	usd
	us-gaap	Preferred Stock Voting Rights PreferredStockVotingRights	the 5% Voting, Cumulative Convertible Series 1 Preferred Stock date of conversion has been extended to the September 30, 2029.

Files In Submission

Name	View Source	Status
hbuv-20230930_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
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0001493152-23-039919-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
hbuv-20230930.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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R24.htm	Edgar Link	pending
hbuv-20230930_pre.xml	Edgar Link	unprocessable
hbuv-20230930_lab.xml	Edgar Link	unprocessable
hbuv-20230930_def.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R25.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$HBUV
Hubilu Venture Corp Stock $hbuv

2023 Q4 Form 10-Q Financial Statement

#000149315223039919 Filed on November 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HBUV Hubilu Venture Corp Stock $hbuv

2023 Q4 Form 10-Q Financial Statement

#000149315223039919 Filed on November 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HBUV
Hubilu Venture Corp Stock $hbuv