BlueOne Card, Inc. Files 10-Q for Period Ending December 31, 2023

TL;DR

<b>BlueOne Card, Inc. has filed its Q3 2024 10-Q report, detailing financial information for the period ending December 31, 2023.</b>

AI Summary

BlueOne Card, Inc. (BCRD) filed a Quarterly Report (10-Q) with the SEC on February 20, 2024. BlueOne Card, Inc. filed a 10-Q report for the period ending December 31, 2023. The company's fiscal year ends on March 31. The filing covers the third quarter of fiscal year 2024. Previous names for the company include Manneking, Inc., TBSS International, Inc., and Avenue South Ltd. The company is incorporated in Nevada and its SIC code is 7389 (Services-Business Services, NEC).

Why It Matters

For investors and stakeholders tracking BlueOne Card, Inc., this filing contains several important signals. This filing provides investors with an update on BlueOne Card's financial performance and position as of the end of the third quarter of fiscal year 2024. Understanding the details within this 10-Q is crucial for assessing the company's operational health, financial stability, and potential future performance.

Risk Assessment

Risk Level: low — BlueOne Card, Inc. shows low risk based on this filing. The filing is a standard quarterly report (10-Q) and does not contain any immediately alarming information, indicating a routine disclosure.

Analyst Insight

Review the detailed financial statements and management's discussion and analysis within the 10-Q to understand BlueOne Card's operational performance and outlook.

Key Numbers

• 2023-12-31 — Reporting Period End Date (Conformed Period of Report)
• 2024-02-20 — Filing Date (Filed as of date)
• 2023-03-31 — Fiscal Year End (Fiscal year end)
• Q3 2024 — Quarter Covered (Indicates the quarter being reported on)

Key Players & Entities

• BlueOne Card, Inc. (company) — Filer name
• Manneking, Inc. (company) — Former company name
• TBSS International, Inc. (company) — Former company name
• Avenue South Ltd. (company) — Former company name
• NV (location) — State of incorporation
• 7389 (industry_code) — Standard Industrial Classification

FAQ

Industry Context

BlueOne Card, Inc. operates within the business services sector, specifically classified under 'Services-Business Services, NEC'.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring public companies to submit regular financial disclosures.

What Investors Should Do

1. Analyze the balance sheet for changes in assets, liabilities, and equity.
2. Examine the income statement for revenue trends and profitability.
3. Review the cash flow statement to understand the company's liquidity and cash generation.

Year-Over-Year Comparison

This is the initial filing analyzed, so no comparison to a previous filing is available.

Key Financial Figures

• $0.001 — The number of shares of Common Stock, $0.001 par value, of the registrant outstandin

Filing Documents

• form10-q.htm (10-Q) — 662KB
• ex31-1.htm (EX-31.1) — 15KB
• ex31-2.htm (EX-31.2) — 15KB
• ex32-1.htm (EX-32.1) — 5KB
• 0001493152-24-007264.txt (&nbsp;) — 3702KB
• bcrd-20231231.xsd (EX-101.SCH) — 26KB
• bcrd-20231231_cal.xml (EX-101.CAL) — 48KB
• bcrd-20231231_def.xml (EX-101.DEF) — 128KB
• bcrd-20231231_lab.xml (EX-101.LAB) — 224KB
• bcrd-20231231_pre.xml (EX-101.PRE) — 195KB
• form10-q_htm.xml (XML) — 498KB

Financial Statements

Item 1. Financial Statements 1 Condensed Balance Sheets as of December 31, 2023 (Unaudited) and March 31, 2023 1 Condensed Statements of Operations for the Three Months and Nine Months ended December 31, 2023 and 2022 (Unaudited) 2 Condensed (Unaudited) 3 Condensed Statements of Cash Flows for the Nine Months ended December 31, 2023 and 2022 (Unaudited) 4 Notes to Condensed Financial Statements (Unaudited) 5

Management's Discussion and Analysis or Plan of Operation

Item 2. Management's Discussion and Analysis or Plan of Operation 15

Quantitative and Qualitative Disclosures About Market Risks

Item 3. Quantitative and Qualitative Disclosures About Market Risks. 22

Controls and Procedures

Item 4. Controls and Procedures 22 PART II. 23

Exhibits

Item 6. Exhibits. 23

SIGNATURES

SIGNATURES 24 i FORWARD-LOOKING This Quarterly Report on Form 10-Q ("Form 10-Q") contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new products or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. Forward-looking "believe," "expect," "desire," "goal," "should," "objective," "seek," "plan," "strive" or "anticipate," as well as variations of such words or similar expressions, or the negatives of these words. These forward-looking statements present our estimates and assumptions only as of the date of this Form 10-Q. Except for our ongoing obligation to disclose material information as required by the federal securities laws, we do not intend, and undertake no obligation, to update any forward-looking statement. We caution readers not to place undue reliance on any such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes will likely vary materially

View Full Filing

View this 10-Q filing on SEC EDGAR