$MMCP

Mag Mile Capital, Inc.

CIK:0001879293|SEC Filings

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Defined Benefit Plan Disclosure [Line Items]
Revenue	$ 879,050	$ 706,875	$ 3,261,425	$ 1,487,375
Gross profit	229,938	293,074	928,231	549,154
Operating expenses:
Professional fees	27,980	24,066	42,980	49,879
Consulting			136,250
Payroll expense	102,943	139,369	168,066	210,007
General and administrative	219,689	193,030	397,983	340,752
Bad debt expense	40,391		40,391
Total operating expenses	391,003	356,465	785,670	600,638
Income (loss) from operations	(161,065)	(63,391)	142,561	(51,484)
Other expense:
Interest expense	(2,193)	(2,193)	(4,386)	(4,386)
Total other expense	(2,193)	(2,193)	(4,386)	(4,386)
Net income (loss) before income tax	(163,258)	(65,584)	138,175	(55,870)
Income tax
Net Income (Loss)	$ (163,258)	$ (65,584)	$ 138,175	$ (55,870)
Income (Loss) per share, basic	$ (0.00)	$ (0.00)	$ 0.00	$ (0.00)
Income (Loss) per share, diluted	$ (0.00)	$ (0.00)	$ 0.00	$ (0.00)
Weighted average shares outstanding, basic	100,055,935	100,055,935	100,055,935	100,055,935
Nonrelated Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Commission expense	$ (343,612)	$ (364,301)	$ (927,031)	$ (708,321)
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Commission expense	$ (305,500)	$ (49,500)	$ (1,406,163)	$ (229,900)

Condensed Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net income (loss)	$ 138,175	$ (55,870)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Amortization of operating lease right-of-use asset	31,089	29,026
Stock compensation	46,250	46,250
Provision for credit losses	40,391
Changes in Operating Assets and Liabilities:
Prepaids	6,209	(16,921)
Draws against commissions	49,155	51,221
Accounts payable and accruals	(199,123)	234,200
Accounts payable and accruals – related party	(13,163)
Proceeds from related parties		55,000
Net cash provided by operating activities	98,983	342,906
Net change in cash	98,983	342,906
Cash, at beginning of period	513,777	484
Cash, at end of period	612,760	343,390
Cash paid for:
Cash paid for interest	4,386	4,386
Cash paid for taxes

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Cash	$ 612,760	$ 513,777
Draws against commissions, net	54,998	144,544
Prepaid expenses	35,001	41,210
Prepaid stock compensation		46,250
Total Current Assets	702,759	745,781
Operating lease right of use asset	172,183	203,272
Property and equipment, net
Total Other Assets	172,183	203,272
Total Assets	874,942	949,053
Current Liabilities:
Operating lease liability – current portion	180,341	97,820
Total Current Liabilities	760,310	890,075
Long Term Liabilities:
Operating lease liability – net of current portion	125,562	208,083
Loan payable, net of current portion	141,228	141,228
Total Long Term Liabilities	266,790	349,311
Total Liabilities	1,027,100	1,239,386
Commitments and contingencies
Stockholders’ Equity (Deficit):
Common stock, $0.00001 par value, 480,000,000 shares authorized; 100,055,935 shares issued and outstanding	1,000	1,000
Additional paid in capital	2,804,236	2,804,236
Accumulated deficit	(2,957,394)	(3,095,569)
Total Stockholders’ Equity (Deficit)	(152,158)	(290,333)
Total Liabilities and Stockholders’ Equity (Deficit)	874,942	949,053
Series A Preferred Stock [Member]
Stockholders’ Equity (Deficit):
Preferred stock, value
Nonrelated Party [Member]
Current Liabilities:
Accounts payable and accruals	150,847	349,970
Loan payable	8,772	8,772
Related Party [Member]
Current Liabilities:
Accounts payable and accruals	120,350	133,513
Loan payable	$ 300,000	$ 300,000