BlueOne Card, Inc. Files Q1 2025 10-Q

TL;DR

BlueOne Card (BCRD) filed its Q1 2025 10-Q. Financials updated.

AI Summary

BlueOne Card, Inc. filed its 10-Q for the period ending June 30, 2024. The company, formerly known as Manneking, Inc., TBSS International, Inc., and Avenue South Ltd., is incorporated in Nevada and operates in business services. The filing includes financial data for the fiscal quarter and year-to-date periods.

Why It Matters

This filing provides investors with an update on BlueOne Card, Inc.'s financial performance and position as of June 30, 2024, crucial for assessing the company's health and future prospects.

Risk Assessment

Risk Level: low — The filing is a routine quarterly report and does not contain immediate red flags or significant negative developments.

Key Numbers

• Q1 2025 — Fiscal Quarter (Reporting period)
• 2024-06-30 — Period End Date (Financial reporting cutoff)

Key Players & Entities

• BlueOne Card, Inc. (company) — Filer
• Manneking, Inc. (company) — Former company name
• TBSS International, Inc. (company) — Former company name
• Avenue South Ltd. (company) — Former company name
• 20240630 (date) — Reporting period end date
• 20240819 (date) — Filing date

FAQ

Filing Documents

• form-10q.htm (10-Q) — 597KB
• ex31-1.htm (EX-31.1) — 15KB
• ex31-2.htm (EX-31.2) — 15KB
• ex32-1.htm (EX-32.1) — 7KB
• 0001493152-24-033128.txt ( ) — 3780KB
• bcrd-20240630.xsd (EX-101.SCH) — 27KB
• bcrd-20240630_cal.xml (EX-101.CAL) — 44KB
• bcrd-20240630_def.xml (EX-101.DEF) — 109KB
• bcrd-20240630_lab.xml (EX-101.LAB) — 258KB
• bcrd-20240630_pre.xml (EX-101.PRE) — 217KB
• form-10q_htm.xml (XML) — 520KB

Financial Statements

Item 1. Financial Statements 1 Condensed Balance Sheets as of June 30, 2024 (Unaudited) and March 31, 2024 1 Condensed Statements of Operations for the Three Months ended June 30, 2024 and 2023 (Unaudited) 2 Condensed Statements of Changes in Stockholders' Equity (Deficit) for the Three Months ended June 30, 2024 and 2023 (Unaudited) 3 Condensed Statements of Cash Flows for the Three Months ended June 30, 2024 and 2023 (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 16

Quantitative and Qualitative Disclosures About Market Risks

Item 3. Quantitative and Qualitative Disclosures About Market Risks. 23

Controls and Procedures

Item 4. Controls and Procedures 23 PART II. 24

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 24

Other Information

Item 5. Other Information 24

Exhibits

Item 6. Exhibits. 24

SIGNATURES

SIGNATURES 25 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