GivBux Sees Revenue Surge, Eyes Super App Expansion

TL;DR

**GBUX's revenue exploded, but its limited operating history and reliance on a 'Super App' in a crowded fintech space make it a high-risk, high-reward bet.**

AI Summary

GIVBUX, INC. (GBUX) filed a 10-K/A for the fiscal year ended December 31, 2024, detailing significant growth in transactional revenue and a strategic shift. The company, operating in the Fin-Tech mobile wallet sector with its 'GivBux Super App,' reported transactional revenues of $325,962 for the period ending December 31, 2024, a substantial increase from $4,366.97 in the prior fiscal year. Additionally, GBUX generated $61,329 in subscription revenue. The Super App facilitates point-of-sale payments, rewards, and charitable donations, boasting 11,202 active users, 258 merchants (predominantly national brands), and 140 registered charities. GBUX retains 30% of marketing fees from merchants, returning approximately 70% to users and affiliates. A newer version of the Super App is scheduled for release in early 2025, alongside an active campaign to recruit new influencers and a greater focus on local merchant recruitment to reduce dependency on national brands. Key risks include a limited operating history in an evolving industry and challenges in managing growth effectively.

Why It Matters

This 10-K/A reveals GIVBUX's pivot from minimal revenue to significant growth in its Fin-Tech mobile wallet sector, with transactional revenues jumping from $4,366.97 to $325,962 year-over-year. For investors, this indicates potential for scalability in a competitive market dominated by established payment platforms. Employees and GivBux Associates benefit from a clear compensation structure, receiving 70% of marketing and subscription fees. Customers gain a payment alternative with integrated rewards and charitable giving, while the broader market sees another player leveraging blockchain and mobile technology to disrupt traditional payment systems, potentially increasing competition for companies like PayPal and Square.

Risk Assessment

Risk Level: high — The risk level is high due to GIVBUX's 'limited operating history in an evolving industry,' making future prospects difficult to evaluate. While transactional revenue surged from $4,366.97 in 2023 to $325,962 in 2024, the company is still in a 'Beta Testing' phase for its core product, the GivBux Super App, indicating unproven long-term viability and potential for significant operational challenges.

Analyst Insight

Investors should approach GBUX with extreme caution, recognizing the high-risk, high-reward profile. Conduct thorough due diligence on the company's competitive landscape and the actual adoption rates of its Super App beyond the reported 11,202 users before considering any investment.

Financial Highlights

debt To Equity

N/A

revenue

$387,291

operating Margin

N/A

total Assets

N/A

total Debt

N/A

net Income

N/A

eps

N/A

gross Margin

N/A

cash Position

N/A

revenue Growth

+N/A

Revenue Breakdown

Key Numbers

• $325,962 — Transactional Revenues (Generated for the period ending 12/31/2024, a significant increase from $4,366.97 in 2023.)
• $61,329 — Subscription Revenue (Generated for the period ending 12/31/2024.)
• 11,202 — Active Users (As of December 31, 2024, indicating user base for the Super App.)
• 258 — Merchants (Accepting GivBux payments as of December 31, 2024, with the majority being National Brands.)
• 140 — Charities (Registered with GivBux as of December 31, 2024.)
• 1233 — GivBux Associates (As of December 31, 2024, individuals building the GivBux network.)
• 70% — Revenue Share (Portion of marketing fees returned to GivBux users and Affiliates.)
• 30% — Company Retention (Portion of marketing fees retained by GivBux to cover expenses.)
• $149.95 — Associate Signup Fee (Required for individuals to become GivBux Associates.)
• $29.95 — Monthly Associate Fee (Required monthly subscription fee for GivBux Associates.)

Key Players & Entities

• GIVBUX, INC. (company) — Registrant
• Securities and Exchange Commission (regulator) — Regulatory oversight body
• GivBux Global Partners, Inc. (company) — Wholly owned subsidiary
• FINRA (regulator) — Approved name change and reverse stock split
• OTC Markets Pink (regulator) — Exchange where common shares are registered
• Rub-A-Dub Soap, Inc. (company) — Original company name
• Sentiada Tire Company, Ltd. (company) — Previous business plan
• Amazon (company) — Example of a national brand with active sellers
• Nevada (regulator) — State of incorporation
• Eighth District Court for the State of Nevada (regulator) — Appointed custodian in 2017

FAQ

Risk Factors

• Limited Operating History [medium — operational]: The company has a limited operating history in the rapidly evolving Fin-Tech mobile wallet sector. This makes it challenging to predict future performance and market acceptance.
• Managing Growth Effectively [medium — operational]: The company faces challenges in effectively managing its growth, particularly with the planned release of a new Super App version and an active campaign to recruit influencers and local merchants.
• Dependency on National Brands [low — market]: The company currently relies heavily on national brands for its merchant base (258 merchants, predominantly national brands). A strategic shift to recruit more local merchants aims to reduce this dependency.
• Evolving Industry Regulations [medium — regulatory]: The Fin-Tech industry is subject to evolving regulations. Changes in data privacy, payment processing, or consumer protection laws could impact the company's operations and business model.
• Revenue Model Sustainability [medium — financial]: The revenue model relies on retaining 30% of marketing fees from merchants, with 70% returned to users and affiliates. The sustainability of this model depends on transaction volume and merchant adoption.

Industry Context

GivBux operates in the Fin-Tech mobile wallet sector, a rapidly growing and competitive space. The industry is characterized by innovation in payment solutions, loyalty programs, and digital banking. Key trends include the increasing adoption of mobile payments, the integration of rewards and charitable giving into financial apps, and the use of data analytics for personalized marketing.

Regulatory Implications

As a Fin-Tech company, GivBux is subject to various financial regulations, including those related to payment processing, data privacy (e.g., GDPR, CCPA), and consumer protection. Compliance with these evolving regulations is crucial for maintaining operations and user trust.

What Investors Should Do

1. Monitor user and merchant growth closely.
2. Evaluate the success of the new Super App version and influencer/local merchant recruitment.
3. Assess the sustainability of the revenue-sharing model.
4. Track competitive landscape and regulatory changes.

Key Dates

• 2024-12-31: Fiscal Year End — Reporting period for the 10-K/A, showing significant growth in transactional revenue and user engagement.
• 2025-01-01: Scheduled Super App Release — A newer version of the GivBux Super App is planned for release, indicating ongoing product development and potential for future growth.

Glossary

Fin-Tech

Financial Technology, referring to companies that use technology to provide financial services. (GivBux operates within this sector, offering a mobile wallet and payment solutions.)

Super App

A mobile application that provides multiple services, such as payments, messaging, social media, and e-commerce, within a single platform. (GivBux's core product is the 'GivBux Super App,' integrating various financial and social features.)

Point-of-Sale (POS) Payment System

A system used by businesses to process customer transactions at the place where a purchase occurs. (The GivBux Super App facilitates POS payments, enabling users to pay merchants directly from their mobile wallets.)

GivBux Associates

Individuals who pay a signup fee ($149.95) and a monthly fee ($29.95) to build the GivBux network, likely acting as affiliates or referrers. (This represents a key part of the company's growth strategy and network building.)

Blockchain Technologies

A distributed, immutable ledger technology that records transactions across many computers. (Mentioned as a technology to enhance customer experiences within the GivBux Super App.)

Augmented Reality (AR)

A technology that overlays digital information, such as images and sounds, onto the real world. (Cited as a feature to be leveraged within the GivBux Super App to enhance user experience.)

Cloud Biometrics

Biometric authentication methods (like fingerprint or facial recognition) that are processed and stored in the cloud. (Used to protect giver accounts within the GivBux Super App.)

Year-Over-Year Comparison

The current 10-K/A filing for GIVBUX, INC. (GBUX) shows a dramatic increase in transactional revenue, soaring from $4,366.97 to $325,962 for the fiscal year ended December 31, 2024. This indicates substantial growth in the adoption and usage of its 'GivBux Super App.' Additionally, the company has introduced subscription revenue of $61,329. The user base has expanded to 11,202 active users and 258 merchants, a significant jump from the prior year's limited operational scale. No new significant risks were highlighted beyond the inherent challenges of operating in a nascent, evolving industry and managing rapid growth.

Key Financial Figures

• $1000 — actions. Transfer limits are applies of $1000 per day and abnormal online activites a
• $29.95 — ion fees of 149.95$ and monthly fees of $29.95 GivBux users and Associates receive G

Filing Documents

• gbux_10ka.htm (10-K/A) — 1785KB
• gbux_ex32.htm (EX-3.2) — 123KB
• gbux_ex46.htm (EX-4.6) — 23KB
• gbux_ex48.htm (EX-4.8) — 9KB
• gbux_ex410.htm (EX-4.10) — 26KB
• gbux_ex413.htm (EX-4.13) — 7KB
• gbux_ex415.htm (EX-4.15) — 18KB
• gbux_ex416.htm (EX-4.16) — 32KB
• gbux_ex417.htm (EX-4.17) — 28KB
• gbux_ex418.htm (EX-4.18) — 28KB
• gbux_ex419.htm (EX-4.19) — 28KB
• gbux_ex420.htm (EX-4.20) — 30KB
• gbux_ex421.htm (EX-4.21) — 28KB
• gbux_ex422.htm (EX-4.22) — 28KB
• gbux_ex423.htm (EX-4.23) — 49KB
• gbux_ex424.htm (EX-4.24) — 49KB
• gbux_ex425.htm (EX-4.25) — 50KB
• gbux_ex426.htm (EX-4.26) — 151KB
• gbux_ex311.htm (EX-31.1) — 12KB
• gbux_ex312.htm (EX-31.2) — 12KB
• gbux_ex321.htm (EX-32.1) — 5KB
• gbux_ex46img11.jpg (GRAPHIC) — 2KB
• gbux_ex46img10.jpg (GRAPHIC) — 2KB
• gbux_ex46img8.jpg (GRAPHIC) — 2KB
• gbux_ex46img9.jpg (GRAPHIC) — 2KB
• gbux_ex415img1.jpg (GRAPHIC) — 3KB
• 0001640334-25-001693.txt ( ) — 8189KB
• gbux-20241231.xsd (EX-101.SCH) — 49KB
• gbux-20241231_lab.xml (EX-101.LAB) — 317KB
• gbux-20241231_cal.xml (EX-101.CAL) — 43KB
• gbux-20241231_pre.xml (EX-101.PRE) — 273KB
• gbux-20241231_def.xml (EX-101.DEF) — 191KB
• gbux_10ka_htm.xml (XML) — 1455KB

Forward Looking Statements

Forward Looking Statements 4

Business

Item 1. Business 5

Risk Factors

Item 1A. Risk Factors 10

Cyber Security

Item 1C Cyber Security 46

Properties

Item 2. Properties 47

Legal Proceedings

Item 3 Legal Proceedings 48

Mine Safety Disclosure

Item 4. Mine Safety Disclosure 48

Market for Registrant's Common Equity, Related Stockholder Matters and Issuer purchase of Equity Securities

Item 5.Market for Registrant's Common Equity, Related Stockholder Matters and Issuer purchase of Equity Securities 48

Reserved

Item 6.Reserved 48

Managements Discussion and Analysis of Financial Condition and Results of Operations Transactions

Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations Transactions 49

Quantitive and Qualitive Disclosures about Market Risk

Item 7A Quantitive and Qualitive Disclosures about Market Risk 57

Financial Statements and Supplementary Data

Item 8. Financial Statements and Supplementary Data 58

Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 59

Controls and Procedures

Item 9A Controls and Procedures 59

Directors and Executive Officers of the Registrant

Item 10. Directors and Executive Officers of the Registrant 61

Executive Compensation

Item 11. Executive Compensation 63

Security Ownership of Certain Beneficial Owners and Management

Item 12. Security Ownership of Certain Beneficial Owners and Management 63

Certain Relationships and Related Transactions

Item 13 Certain Relationships and Related Transactions 64

Principal Account Fees and Services

Item 14. Principal Account Fees and Services 64

Exhibits

Item 15 Exhibits 64 2 Table of Contents GIVBUX, INC. INFORMATION REQUIRED IN REGISTRATION STATEMENT EXPLANATORY NOTE You should rely only on the information contained in this General Form for Registration of Securities on Form 10 (this " Registration Statement ") or to which we have referred you. We have not authorized anyone to provide you with information that is different. You should assume that the information contained in this Registration Statement is accurate as of the date of this Registration Statement only. On the date of effectiveness of this Registration Statement we will become subject to the requirements of Regulation 13(a) under the Securities Exchange Act of 1934, as amended (the " Exchange Act "), and will be required to file Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, and will be required to comply with all other obligations of the Exchange Act applicable to issuers filing registration statements pursuant to Section 12(g) of the Exchange Act. The Company does not maintain any website. As used in this Registration Statement, unless the context otherwise requires the terms "we," "us," "our," and the "Company" refer to GIVBUX, Inc., a Nevada corporation, and its subsidiaries. Please see "Risk Factors" beginning on page 8 of this Registration Statement for additional information 3 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Information (other than historical facts) set forth in this Registration Statement contains forward-looking statements within the meaning of the Federal Securities Laws, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements generally can be identified by use of the words "expect," "should," "intend," "anticipate," "will," "project," "may," "might," potential" or "continue" and other similar terms or

Business

Item 1. Business General Background of the Company GIVBUX, Inc. ("we", "us", "our" or the "Company") was originally incorporated in Colorado on September 28, 2001, under the name Rub-A-Dub Soap, Inc. From inception in 2001 until February 21, 2006, we were an online retailer of handmade, natural, vegetable-based soaps and gift baskets in the development stage, and we had generated only minimal revenues and a substantial net loss from sales of soaps and gift baskets. On March 6, 2006, the stockholders approved the re-incorporation of the Company in Nevada and in connection therewith a one-for-ten reverse split of the common stock, both of which became effective on April 17, 2006. All share numbers contained herein are expressed in post-reverse-split amounts. The Company then embarked on a business plan involving automotive tire production and distribution through a network of Chinese subsidiaries under the name Sentiada Tire Company, Ltd. On or about August 13, 2009 the Company filed on Form 15-12g ceasing to become a reporting issuer to the Securities and Exchange Commission under Rule 12g-4(a)(1) of the Securities and Exchange Act of 1934 as amended. At some point thereafter the Company was abandoned and in 2017 a custodian was appointed by the Eighth District Court for the State of Nevada. Between 2017 and 2020 the Company sought to merge with several businesses unsuccessfully, however in March 2020 an agreement in principle was reached with GivBux, Inc. of Nevada to merge into the Company. This agreement was finalized in July 2020. The Company then applied to change its name to GivBux, Inc. which was deemed effextive by FINRA on or about January 15, 2021 along with a one-for-twenty reverse of the common stock. The Company, through its wholly owned subsidiary, GivBux Global Partners, Inc., is engaged in the Fin-Tech mobile wallet sector, specifically a Super App that will change the way the world makes purchases while making charitable contributions. The "

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