BOATIM INC. (BTIM) Financial Statements (2024 and earlier)

Company Profile

Business Address 7950 NW 53RD STREET
MIAMI, FL 33166
State of Incorp. NV
Fiscal Year End August 31
Industry (SIC) 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

2/28/2022
MRQ
8/31/2021
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 69,82738,42715,691468468355
Cash and cash equivalents 69,82738,42715,691468468355
Prepaid expense 7,500     
Deposits current assets 9,4404,787    
Other undisclosed current assets 8,37029,478    
Total current assets: 95,13772,69215,691468468355
Noncurrent Assets
Operating lease, right-of-use asset 55,743162,304 
Property, plant and equipment 14,434259,15677,849  12,120
Intangible assets, net (including goodwill)  11,350    
Intangible assets, net (excluding goodwill)  11,350    
Other undisclosed noncurrent assets 520,0734,787(73,062)   
Total noncurrent assets: 590,250437,5974,787  12,120
TOTAL ASSETS: 685,387510,28920,47846846812,475
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 373,039189,68046,6527,3026,45083,333
Other undisclosed accounts payable and accrued liabilities 373,039189,68046,6527,3026,45083,333
Debt 1,633,556512,612    
Due to related parties 427,451348,031214,55077,465468670
Other undisclosed current liabilities 33,333448,722    
Total current liabilities: 2,467,3791,499,045261,20284,7676,91884,003
Noncurrent Liabilities
Other undisclosed noncurrent liabilities 22,41038,391    
Total noncurrent liabilities: 22,41038,391    
Other undisclosed liabilities   500,000   
Total liabilities: 2,489,7891,537,436761,20284,7676,91884,003
Equity
Equity, attributable to parent (1,804,402)(1,027,147)(740,724)(84,299)(6,450)(71,528)
Common stock 51,78150,50050,500151,5005,0505,050
Additional paid in capital 1,990,055(259,635)(403,425)(4,425)142,02540,950
Accumulated other comprehensive income (loss) 67,237(20,706)(407)   
Accumulated deficit (3,913,475)(797,306)(387,392)(231,374)(153,525)(117,528)
Total equity: (1,804,402)(1,027,147)(740,724)(84,299)(6,450)(71,528)
TOTAL LIABILITIES AND EQUITY: 685,387510,28920,47846846812,475

Income Statement (P&L) (USD)

2/28/2022
TTM
8/31/2021
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
Revenues 900118  82,772129,546
Cost of revenue  (4)   (40,000)
Cost of goods and services sold      (40,000)
Other undisclosed gross profit     (75,040)(110,596)
Gross profit: 900114  7,732(21,050)
Operating expenses (2,317,196)(680,470)(156,018)77,84943,729(66,323)
Other undisclosed operating loss    (191,695)(87,458) 
Operating loss: (2,316,296)(680,356)(156,018)(113,846)(35,997)(87,373)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 (799,873)270,442    
Interest and debt expense (617,934)(168,794)    
Loss from continuing operations before equity method investments, income taxes: (3,734,103)(578,708)(156,018)(113,846)(35,997)(87,373)
Other undisclosed income from continuing operations before income taxes    35,997  
Loss from continuing operations before income taxes: (3,734,103)(578,708)(156,018)(77,849)(35,997)(87,373)
Income tax expense    (23,908)  
Loss from continuing operations: (3,734,103)(578,708)(156,018)(101,757)(35,997)(87,373)
Loss before gain (loss) on sale of properties:(3,734,103)(578,708)(156,018)(101,757)(35,997)(87,373)
Net loss: (3,734,103)(578,708)(156,018)(101,757)(35,997)(87,373)
Other undisclosed net income attributable to parent 617,934168,794 23,908  
Net loss available to common stockholders, diluted: (3,116,169)(409,914)(156,018)(77,849)(35,997)(87,373)

Comprehensive Income (USD)

2/28/2022
TTM
8/31/2021
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
Net loss: (3,734,103)(578,708)(156,018)(101,757)(35,997)(87,373)
Comprehensive loss: (3,734,103)(578,708)(156,018)(101,757)(35,997)(87,373)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 705,877148,495(407)   
Comprehensive loss, net of tax, attributable to parent: (3,028,226)(430,213)(156,425)(101,757)(35,997)(87,373)

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.

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