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LINGERIE FIGHTING CHAMPIONSHIPS, INC.

CIK: 14077042 Annual ReportsLatest: 2025-04-11

10-K / April 11, 2025

Revenue:$132,978
Income:-$1,868,186

10-K / July 15, 2024

Revenue:$117,722
Income:$308,452

10-K / April 11, 2025

Company Summary: Lingerie Fighting Championships, Inc. (LFC)

Business Focus

  • LFC is a media and entertainment company specializing in female wrestling and mixed martial arts (MMA) fight events under the brand Lingerie Fighting Championships.
  • The company produces scripted entertainment, combining wrestling and MMA techniques performed by attractive female athletes, targeting mature audiences.
  • The business strategy includes:
    • Live entertainment events
    • Distribution of televised entertainment programming
    • Digital media content
    • Sponsorships and advertising
    • Merchandising and branding via licensed products

Operations & Content

  • Live Events:
    • Hosted 25 live events across the U.S. and Europe
    • Events are recorded and edited in-house for broadcast and distribution
  • Video Programming:
    • Produces scripted fight content called "Lingerie Fighting Championships"
    • Includes a reality series with about 120 episodes, each around 30 minutes
  • Digital Presence:
    • Significant growth in online viewership; YouTube channel has over 800,000 subscribers and over 250 million views.
    • Recent event "LFC42: From Tokyo With Love" released on February 14, 2025, with plans for up to 6 more shows in 2025.
  • Distribution Channels:
    • Digital streaming (home video, VOD, broadcast, cable)
    • Pay-per-view (PPV)
    • DVD sales via their website and platforms like Amazon and iTunes
    • Social media channels and online merchandise retail

Revenue & Financials

  • 2024 Revenue: $132,978 (up from $117,722 in 2023)
  • Revenue Breakdown (2024):
    • Live events & site subscriptions: $34,109
    • Sponsorship & advertising: $16,000
    • Other sources include additional sponsorship, advertising, and digital content sales
  • 2024 Net Income: Loss of $1,868,186 (a significant decline from net income of $308,452 in 2023)
  • The company reports minimal current assets ($2,193 as of December 31, 2024) and a substantial working capital deficiency (~$5.93 million)
  • The company has not paid dividends and is reliant on equity financing to fund operations
  • The company is classified as a smaller reporting company and a shell company prior to 2015, but now actively produces entertainment content

Employees & Customers

  • Employees:
    • Only one full-time employee (Shaun Donnelly, CEO and CFO)
    • Cast and crew are hired on contract basis for events
  • Customers:
    • No specific customer counts provided
    • Audience primarily mature viewers interested in MMA and wrestling-style scripted entertainment
    • Approximately 258 shareholders of common stock as of April 11, 2025

Company Status

  • Registered as a small business issuer with the SEC, trading on OTC Pink under the symbol BOTY.
  • The company operates with a focus on expanding its brand and content distribution, despite ongoing financial challenges and a significant working capital deficit.
  • Management plans to pursue additional equity financing to continue operations and expansion efforts.