$JFIL
Jubilant Flame International, Ltd

2025 Q1 Form 10-Q Financial Statement

#000147793225000108 Filed on January 08, 2025

View on sec.gov

Income Statement

Concept 2025 Q1 2024 Q4
Revenue $0.00
YoY Change
Cost Of Revenue $0.00
YoY Change
Gross Profit $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin $14.13K
YoY Change -5.51%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $14.13K
YoY Change -5.51%
Operating Profit -$14.13K
YoY Change -5.51%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$14.13K
YoY Change -5.51%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$14.13K
YoY Change -5.51%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 19.99M shares 19.99M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2025 Q1 2024 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.255K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $15.60K
Receivables
Other Receivables
Total Short-Term Assets $16.86K
YoY Change -3.7%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $16.86K
Total Long-Term Assets $0.00
Total Assets $16.86K
YoY Change -3.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $30.09K
YoY Change 19.94%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.360M
YoY Change 4.72%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.360M
Total Long-Term Liabilities
Total Liabilities $1.360M
YoY Change 4.72%
SHAREHOLDERS EQUITY
Retained Earnings -$3.832M
YoY Change 1.64%
Common Stock $19.99K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.343M
YoY Change
Total Liabilities & Shareholders Equity $16.86K
YoY Change -3.7%

Cashflow Statement

Concept 2025 Q1 2024 Q4
OPERATING ACTIVITIES
Net Income -$14.13K
YoY Change -5.51%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
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dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-28
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2025
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CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CommonStockSharesOutstanding
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CY2024Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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WorkingCapitalDeficit
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dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-11-30
dei Document Transition Report
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dei Entity File Number
EntityFileNumber
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CY2024Q4 us-gaap Accrued Bonuses Current
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dei Entity Registrant Name
EntityRegistrantName
Jubilant Flame International, LTD
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Address Address Line1
EntityAddressAddressLine1
Room 508
dei Entity Address Address Line2
EntityAddressAddressLine2
T1N Vi Park
dei Entity Address Address Line3
EntityAddressAddressLine3
360 Xin Long Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Shanghai
dei Entity Address Country
EntityAddressCountry
CN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
201101
dei City Area Code
CityAreaCode
86
dei Local Phone Number
LocalPhoneNumber
21 64748888
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
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us-gaap Other Nonoperating Income Expense
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Revenues
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Revenues
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us-gaap Revenues
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us-gaap Cost Of Revenue
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us-gaap Cost Of Revenue
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us-gaap Selling General And Administrative Expense
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us-gaap Selling General And Administrative Expense
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CY2024Q4 us-gaap Operating Expenses
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us-gaap Operating Expenses
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us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Other Nonoperating Income Expense
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Tax Expense Benefit
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us-gaap Net Income Loss
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EarningsPerSharesBasicAndDiluted
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CY2024Q4 jfil Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
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CY2023Q4 jfil Weighted Average Number Of Shares Outstanding Basic And Diluted
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jfil Weighted Average Number Of Shares Outstanding Basic And Diluted
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Interest Paid Net
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us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company’s significant estimates include income tax provisions and valuation allowances of deferred tax assets; the fair value of financial instruments and the assumption that the Company will continue as a going concern. Those significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to those estimates or assumptions, and certain estimates or assumptions are difficult to measure or value.</p>
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CY2024Q4 us-gaap Common Stock Shares Issued
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Files In Submission

Name View Source Status
0001477932-25-000108-index-headers.html Edgar Link pending
0001477932-25-000108-index.html Edgar Link pending
0001477932-25-000108.txt Edgar Link pending
0001477932-25-000108-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
jfil-20241130.xsd Edgar Link pending
jfil_10q.htm Edgar Link pending
jfil_ex311.htm Edgar Link pending
jfil_ex312.htm Edgar Link pending
jfil_ex321.htm Edgar Link pending
jfil_ex322.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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R11.htm Edgar Link pending
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R13.htm Edgar Link pending
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R2.htm Edgar Link pending
R3.htm Edgar Link pending
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R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.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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jfil_10q_htm.xml Edgar Link completed
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jfil-20241130_pre.xml Edgar Link unprocessable