ABCO Energy, Inc. (ABCE) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
2505 N. ALVERNON WAY TUCSON, AZ 85712 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 17 - Construction Special Trade Contractors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 17 | 21 | 11 | 31 | 4 | 42 | |||
| Cash and cash equivalents | 17 | 21 | 11 | 31 | 4 | 42 | |||
| Receivables | 33 | 26 | 68 | 34 | 40 | 37 | |||
| Other current assets | 27 | ||||||||
| Other undisclosed current assets | 665 | 922 | 296 | 298 | 232 | 211 | |||
| Total current assets: | 714 | 969 | 375 | 363 | 276 | 317 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 377 | 383 | 377 | 379 | 375 | 381 | |||
| Other noncurrent assets | 3 | 4 | 4 | 4 | |||||
| Other undisclosed noncurrent assets | 4 | 4 | |||||||
| Total noncurrent assets: | 380 | 387 | 380 | 383 | 379 | 385 | |||
| TOTAL ASSETS: | 1,095 | 1,355 | 755 | 746 | 655 | 702 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 531 | 553 | 510 | 522 | 609 | 569 | |||
| Other undisclosed accounts payable and accrued liabilities | 531 | 553 | 510 | 522 | 609 | 569 | |||
| Debt | 154 | 173 | 195 | 197 | 198 | 200 | |||
| Derivative instruments and hedges, liabilities | |||||||||
| Due to related parties | 663 | 475 | 648 | 533 | 407 | 416 | |||
| Other liabilities | 475 | 598 | 407 | 234 | 205 | 166 | |||
| Other undisclosed current liabilities | |||||||||
| Total current liabilities: | 1,823 | 1,798 | 1,760 | 1,486 | 1,419 | 1,350 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 467 | 475 | 486 | 496 | 505 | 512 | |||
| Long-term debt, excluding current maturities | 467 | 475 | 486 | 496 | 505 | 512 | |||
| Total noncurrent liabilities: | 467 | 475 | 486 | 496 | 505 | 512 | |||
| Other undisclosed liabilities | 545 | 786 | 251 | 268 | 108 | 132 | |||
| Total liabilities: | 2,836 | 3,060 | 2,498 | 2,250 | 2,032 | 1,995 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,741) | (1,704) | (1,743) | (1,504) | (1,378) | (1,293) | |||
| Preferred stock | 13 | 13 | 13 | 13 | 28 | 30 | |||
| Common stock | 261 | 261 | 261 | 255 | 70 | 41 | |||
| Additional paid in capital | 5,985 | 5,985 | 6,020 | 5,983 | 5,820 | 5,771 | |||
| Accumulated deficit | (8,000) | (7,963) | (8,036) | (7,755) | (7,296) | (7,135) | |||
| Total equity: | (1,741) | (1,704) | (1,743) | (1,504) | (1,378) | (1,293) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,095 | 1,355 | 755 | 746 | 655 | 702 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 304 | 689 | 293 | 374 | 230 | 433 | ||
| Cost of revenue | (172) | (501) | (195) | (330) | (166) | (159) | ||
| Gross profit: | 131 | 188 | 98 | 44 | 64 | 273 | ||
| Operating expenses | (167) | (196) | (183) | (396) | (208) | (187) | ||
| Operating income (loss): | (35) | (8) | (85) | (351) | (144) | 86 | ||
| Nonoperating income (expense) | (2) | 46 | (196) | (108) | (16) | (42) | ||
| Investment income, nonoperating | (67) | (136) | ||||||
| Interest and debt expense | (2) | (2) | (5) | 173 | (16) | 53 | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 34 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (39) | 36 | (286) | (253) | (176) | 97 | ||
| Other undisclosed income from continuing operations before income taxes | 2 | 2 | 5 | |||||
| Income (loss) from continuing operations before income taxes: | (37) | 38 | (281) | (253) | (176) | 97 | ||
| Other undisclosed loss from continuing operations | (1,062) | |||||||
| Income (loss) from continuing operations: | (37) | 38 | (281) | (1,315) | (176) | 97 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (37) | 38 | (281) | (1,315) | (176) | 97 | |
| Net income (loss): | (37) | 38 | (281) | (1,315) | (176) | 97 | ||
| Other undisclosed net income (loss) attributable to parent | 856 | 16 | (146) | |||||
| Net income (loss) attributable to parent: | (37) | 38 | (281) | (459) | (160) | (49) | ||
| Other undisclosed net income available to common stockholders, basic | 94 | |||||||
| Net income (loss) available to common stockholders, diluted: | (37) | 38 | (281) | (459) | (160) | 45 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (37) | 38 | (281) | (1,315) | (176) | 97 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (37) | 38 | (281) | (1,315) | (176) | 97 | ||
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.