WORLDNET INC OF NEVADA Financial Statements (2025 and earlier)
Company Profile
| Business Address |
#281, 369 E 900 S SALT LAKE CITY, UT 84111 |
| State of Incorp. | WY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 677 - Blank Checks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 196 | 396 | 1,096 | 481 | 221 | 3,676 | |||
| Cash and cash equivalents | 196 | 396 | 1,096 | 481 | 221 | 3,676 | |||
| Total current assets: | 196 | 396 | 1,096 | 481 | 221 | 3,676 | |||
| Noncurrent Assets | |||||||||
| TOTAL ASSETS: | 196 | 396 | 1,096 | 481 | 221 | 3,676 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 37,785 | 29,405 | 22,450 | 15,955 | 17,450 | ||||
| Interest and dividends payable | 36,485 | 29,405 | 22,450 | 15,955 | |||||
| Accounts payable | 1,300 | 17,450 | |||||||
| Debt | 88,500 | 88,500 | 84,500 | 76,300 | 68,000 | 63,000 | |||
| Due to related parties | 157,900 | 145,400 | 136,100 | 129,200 | |||||
| Other undisclosed current liabilities | 53,400 | 42,018 | 31,620 | 21,964 | 143,922 | 103,124 | |||
| Total current liabilities: | 337,585 | 305,323 | 274,670 | 243,419 | 211,922 | 183,574 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 68,000 | ||||||||
| Long-term debt, excluding current maturities | 68,000 | ||||||||
| Other undisclosed noncurrent liabilities | (68,000) | ||||||||
| Total liabilities: | 337,585 | 305,323 | 274,670 | 243,419 | 211,922 | 183,574 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (337,389) | (304,927) | (273,574) | (242,938) | (211,701) | (179,898) | |||
| Additional paid in capital | 47,500 | 47,500 | 47,500 | 47,500 | 47,500 | 47,500 | |||
| Accumulated deficit | (403,389) | (370,927) | (339,574) | (308,938) | (277,701) | ||||
| Other undisclosed equity, attributable to parent | 18,500 | 18,500 | 18,500 | 18,500 | 18,500 | (227,398) | |||
| Total equity: | (337,389) | (304,927) | (273,574) | (242,938) | (211,701) | (179,898) | |||
| TOTAL LIABILITIES AND EQUITY: | 196 | 396 | 1,096 | 481 | 221 | 3,676 | |||
Income Statement (P&L) (USD)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (14,000) | (14,000) | (14,485) | (16,540) | (19,055) | (25,449) | ||
| Other operating income, net (Other Expenses) | 12,748 | 10,474 | ||||||
| Other undisclosed operating loss | (12,748) | (10,474) | ||||||
| Operating loss: | (14,000) | (14,000) | (14,485) | (16,540) | (19,055) | (25,449) | ||
| Interest and debt expense | (7,080) | (6,955) | (6,495) | (5,889) | (5,336) | (4,730) | ||
| Loss from continuing operations: | (21,080) | (20,955) | (20,980) | (22,429) | (24,391) | (30,179) | ||
| Loss before gain (loss) on sale of properties: | (21,080) | (20,955) | (20,980) | (22,429) | (24,391) | (30,179) | ||
| Net loss: | (21,080) | (20,955) | (20,980) | (22,429) | (24,391) | (30,179) | ||
| Other undisclosed net loss attributable to parent | (11,382) | (10,398) | (9,656) | (8,808) | (7,412) | (5,744) | ||
| Net loss available to common stockholders, diluted: | (32,462) | (31,353) | (30,636) | (31,237) | (31,803) | (35,923) | ||
Comprehensive Income (USD)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (21,080) | (20,955) | (20,980) | (22,429) | (24,391) | (30,179) | ||
| Comprehensive loss, net of tax, attributable to parent: | (21,080) | (20,955) | (20,980) | (22,429) | (24,391) | (30,179) | ||
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.