GivBux, Inc.

What they do

GIVBUX, Inc. operates a mobile wallet and payment platform, the 'GivBux Super App', which allows users to make purchases, send/receive rewards, communicate, and donate to charity. The app tracks user activities and aims to bridge consumers and merchants without traditional plastic cards. Revenue is generated from subscriptions, transactions, and facility rentals.

Revenue drivers

• GivBux Super App — Primary source of revenue, generated from sales through the app and subscriptions. Recent quarterly revenue was $55,906 in Q1 2026, down from $66,023 in Q1 2025.
• Facility Rentals — Revenue from renting facilities, contributing alongside app revenue to total annual revenue of $289,156 in 2025.

Recent performance

For the quarter ending 3/31/26, revenue was $55,906 versus $66,023 for the same period in 2025, with gross profit of $25,980 versus $10,873. Operating expenses rose to $468,577, mainly due to legal fees for financing. Net loss for Q1 2026 was $207,076 versus $526,819 in Q1 2025. Annual revenue for 2025 was $289,156 with a net loss of $4,095,562, and cash used in operations was $1,058,101.

Strategy

Management is focused on raising additional funds through equity and debt offerings, including an S1 registration statement to raise up to $11 million. The company plans to accelerate marketing, hire new associates, and generate additional revenue. There is a growing focus on recruiting more local merchants to reduce dependency on national brands. A newer version of the Super App with AI integration is planned for release on June 15, 2026.

Risks

• Going concern — The company has an accumulated deficit of $34.2 million and current liabilities exceed current assets by $4.9 million as of December 31, 2025.
• Dilution from convertible notes — The company has issued convertible notes with conversion discounts up to 45%, and increased authorized shares to 750 million to accommodate potential conversions.
• Dependence on future financing — Management intends to raise additional funds, but if S1 registration is not finalized or financing fails, the company may not be able to continue operations.
• Growth management — The company may fail to attract and retain qualified personnel or manage growth effectively, leading to operational mistakes and losses.

Outlook

Management plans to release an improved version of the Super App with AI integration on June 15, 2026. The company is seeking to finalize an S1 registration statement to raise up to $11 million. A greater focus on local merchants is expected to expand user choices and reduce dependence on national brands.