💰 Context
Jubilant Flame International helps create new nutrition food products for customers in the USA. They used to sell cosmetics but switched to nutrition products in 2020. They have faced challenges in generating significant revenue from their new business line.
📋 TL;DR
- 📉 Financial Struggles: Net loss of $22,171 in the last quarter.
- 🛠Business Shift: Moved from cosmetics to nutrition product support.
- 💵 Funding Needs: Requires additional financing to continue operations.
- 📊 Market Challenges: Limited revenue generation from new business.
🚀 Trends
In 2024, Jubilant Flame observed several key trends. The shift from cosmetics to nutrition support services was significant. They noticed a growing interest in health and wellness products but struggled to capitalize on this trend. The company also faced challenges in securing adequate funding to sustain operations.
💰 Financial Performance
Jubilant Flame reported no revenue for the three months ended May 31, 2024, similar to the same period in 2023. The net loss for the quarter was $22,171. The company continues to operate at a deficit, with total liabilities of $1,327,899 and a working capital deficit of $1,319,084.
📈 Emerging Markets
Jubilant Flame has not yet made significant inroads into emerging markets. Their focus remains on establishing a foothold in the USA with their nutrition product support services.
🌿 Environmental Initiatives
The report does not mention any specific environmental initiatives undertaken by Jubilant Flame International.
📱 Key Products
No major products were launched or highlighted during the year as the company focuses on providing technical support services for nutrition products.
📰 Major Announcements
There were no significant announcements made by the company during the reported period.
📊 Market Share
Jubilant Flame has a minimal market share in its industry due to its recent shift in business focus and limited revenue generation.
🌟 Social Impact
The report does not detail any specific social responsibility initiatives or impacts by Jubilant Flame International.
🔮 Future Outlook
Jubilant Flame aims to secure additional funding to continue its operations and capitalize on the growing interest in health and wellness products. The company hopes to generate sufficient capital to support its business plan in the nutrition product technology support sector.