Rapid Line Inc. (RPDL) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1111 SOUTH ROOP STREET CARSON CITY, NV 89702 |
| State of Incorp. | NV |
| Fiscal Year End | January 31 |
| Industry (SIC) | 82 - Educational Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 10/31/2025 MRQ | 1/31/2025 | 1/31/2024 | 1/31/2023 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 4 | 23 | ||||
| Cash and cash equivalent | 4 | 23 | ||||
| Prepaid expense | 0 | 0 | 2 | |||
| Other undisclosed current assets | 0 | |||||
| Total current assets: | 0 | 5 | 25 | |||
| Noncurrent Assets | ||||||
| Intangible assets, net (including goodwill) | 32 | 24 | 32 | |||
| Intangible assets, net (excluding goodwill) | 32 | 24 | 32 | |||
| Total noncurrent assets: | 32 | 24 | 32 | |||
| TOTAL ASSETS: | 33 | 29 | 57 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 12 | 8 | 4 | |||
| Accrued liabilities | 12 | 8 | 4 | |||
| Other undisclosed accounts payable and accrued liabilities | ||||||
| Total current liabilities: | 12 | 8 | 4 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 41 | |||||
| Long-term debt, excluding current maturities | 41 | |||||
| Other undisclosed noncurrent liabilities | 47 | 61 | 54 | |||
| Total noncurrent liabilities: | 88 | 61 | 54 | |||
| Total liabilities: | 100 | 69 | 59 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | (68) | (40) | (1) | |||
| Common stock | 0 | 0 | 0 | |||
| Additional paid in capital | 23 | 23 | 21 | |||
| Accumulated deficit | (91) | (63) | (23) | |||
| Other undisclosed equity, attributable to parent | (0) | (0) | ||||
| Other undisclosed equity | (0) | |||||
| Total equity: | (68) | (40) | (1) | |||
| TOTAL LIABILITIES AND EQUITY: | 33 | 29 | 57 | |||
Income Statement (P&L) ($ in thousands)
| 10/31/2025 TTM | 1/31/2025 | 1/31/2024 | 1/31/2023 | ||
|---|---|---|---|---|---|
| Revenues | 8 | 6 | |||
| Gross profit: | 8 | 6 | |||
| Operating expenses | (28) | (48) | (28) | ||
| Other undisclosed operating income | |||||
| Operating loss: | (28) | (40) | (22) | ||
| Nonoperating income (Other Nonoperating income) | |||||
| Interest and debt expense | |||||
| Net income (loss): | (28) | (40) | (22) | ||
| Other undisclosed net loss attributable to parent | |||||
| Net income (loss) available to common stockholders, diluted: | (28) | (40) | (22) | ||
Comprehensive Income ($ in thousands)
| 10/31/2025 TTM | 1/31/2025 | 1/31/2024 | 1/31/2023 | ||
|---|---|---|---|---|---|
| Net income (loss): | (28) | (40) | (22) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (28) | (40) | (22) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.