3/5Mag Mile Capital, Inc. (MMCP): Going-concern doubt

Market data

n/a: no price data available for MMCP.

Verified excerpt

"For the six months ended June 30, 2025, we had a net loss of $ 55,870 , received $ 287,906 of cash from operations and had a working capital deficit of $ 93,704 . These conditions and the ability to successfully resolve these factors raise substantial doubt about the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-06-30)

Why this score: quarterly (unaudited) disclosure