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My City Builders MYCB · USD

Information Technology · US listing · 🇺🇸 United States

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0.14

0.00%

Close of 9 Nov 2026, in USD

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About My City Builders

Its shares trade under the ticker MYCB. It has been listed since 6 May 2013. In the fiscal year to 31 July 2024, it reported revenue of $59,300 and net income of $25,864. At that date it held total assets of $3.5m and shareholders' equity of $1.2m.

My City Builders, Inc. engages in the development and sale of servers that are capable of mining cryptocurrencies. The company is headquartered in Miami, Florida. The company went IPO on 2013-05-06. The Company, through RAC, plans to focus on real estate transactions, in which the Company seeks to buy and develop real estate for sale or rent of low-income housing. The firm intends to invest in three sectors of this market by buying, refurbishing, and selling traditional foreclosures; buying, developing and renting land banks that have an average pool of homes or lots in excess of 100 in one location; and buying, refurbishing or developing and selling homes made available by the government through Home Equity Conversion Mortgage (HECM) pools. The firm works with a third-party vendor to facilitate this plan.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Information Technology
Industry
Technology Hardware, Storage & Peripherals
Listed since
6 May 2013
Head office
100 BISCAYNE BLVD., #1611, MIAMI, FL, 33132
Incorporated in
NV
Classification
Real Estate
Filer status
Non-accelerated filer<br>Smaller reporting company

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • My City Builders Inc develops cryptocurrency mining servers for the US market.
  • The company focuses on low-income housing through RAC in Miami.
  • RAC plans to buy and develop real estate for sale or rent in low-income segments.

Weaknesses

  • The company's IPO was on 6 May 2013, which is a fixed date.
  • RAC relies on third-party vendors for real estate transactions.
  • The firm's business model includes refurbishing foreclosures and HECM pools.

Opportunities

  • The US Information Technology sector offers growth for cryptocurrency mining servers.
  • Miami's real estate market provides opportunities for low-income housing development.
  • RAC's focus on land banks with over 100 homes presents expansion potential.

Threats

  • The cryptocurrency mining industry faces regulatory challenges in the US.
  • Real estate transactions depend on third-party vendor relationships.
  • Low-income housing development requires significant capital investment.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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