HUMBL, Inc. | 10-Q: FY2025 Q1 EPS: USD 0

LB filings
2025.06.05 21:32
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EPS: As of FY2025 Q1, the actual value is USD 0.

EBIT: As of FY2025 Q1, the actual value is USD -4.657 M.

Segment Revenue

  • The company reported no revenue for the three months ended March 31, 2025, and 2024, as operations related to revenue generation were classified under discontinued operations.

Operational Metrics

  • Net Income (Loss): The net loss from continuing operations for the three months ended March 31, 2025, was - $4,656,633, compared to a net income of $800,772 for the same period in 2024.
  • Operating Expenses: Total operating expenses decreased to $1,380,493 for the three months ended March 31, 2025, from $1,532,936 for the same period in 2024.
  • Interest Expense: Interest expense increased significantly to - $1,267,822 for the three months ended March 31, 2025, from - $96,830 for the same period in 2024.

Cash Flow

  • Net Cash Used in Operating Activities: Net cash used in operating activities was - $298,235 for the three months ended March 31, 2025, compared to - $807,699 for the same period in 2024.
  • Cash Provided by Financing Activities: Cash provided by financing activities was $377,000 for the three months ended March 31, 2025, compared to $471,747 for the same period in 2024.

Unique Metrics

  • Gain on Disposal of Discontinued Operations: The company recorded a gain of $16,835,929 from the disposal of discontinued operations for the three months ended March 31, 2025.

Future Outlook and Strategy

  • Core Business Focus: HUMBL, Inc. plans to adopt a holding company model, focusing on acquiring undervalued assets and businesses in North and South America, particularly in Brazil. The company will operate various subsidiaries under this new structure, with FinCapital being the first business under this model.
  • Non-Core Business: The company has entered into a joint venture with Multicortex, LLC, acquiring a 51% interest to focus on artificial intelligence and high-performance computing. HUMBL will contribute up to $3,000,000 to fund the development of Multicortex’s products.
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