AB INTERNATIONAL GROUP CORP. (ABQQ) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
144 MAIN STREET MT. KISCO, NY 10549 |
| State of Incorp. | NV |
| Fiscal Year End | August 31 |
| Industry (SIC) | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 8/31/2024 Q4 | 5/31/2024 Q3 | 2/29/2024 Q2 | 11/30/2023 Q1 | 8/31/2023 Q4 | 5/31/2023 Q3 | 2/28/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 165 | 34 | 261 | 117 | 135 | 166 | |||
| Cash and cash equivalents | 165 | 34 | 261 | 117 | 135 | 166 | |||
| Receivables | 255 | 57 | 310 | 60 | |||||
| Prepaid expense | 30 | 2 | 9 | ||||||
| Other undisclosed current assets | 300 | ||||||||
| Total current assets: | 420 | 64 | 318 | 117 | 447 | 535 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 545 | 596 | 646 | 696 | 806 | 872 | |||
| Property, plant and equipment | 5 | 6 | 7 | 8 | 9 | 10 | |||
| Intangible assets, net (including goodwill) | 709 | 1,078 | 1,639 | 1,455 | 1,983 | 2,724 | |||
| Intangible assets, net (excluding goodwill) | 709 | 1,078 | 1,639 | 1,455 | 1,983 | 2,724 | |||
| Other undisclosed noncurrent assets | 76 | 46 | 46 | 345 | 45 | 45 | |||
| Total noncurrent assets: | 1,335 | 1,726 | 2,338 | 2,505 | 2,844 | 3,652 | |||
| TOTAL ASSETS: | 1,756 | 1,790 | 2,656 | 2,622 | 3,291 | 4,187 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 124 | 146 | 335 | 157 | 121 | 132 | |||
| Accounts payable | 439 | 908 | |||||||
| Accrued liabilities | 246 | 244 | 231 | 212 | 507 | 238 | |||
| Other undisclosed accounts payable and accrued liabilities | (121) | (98) | 105 | (55) | (826) | (1,014) | |||
| Deferred revenue | 26 | 83 | |||||||
| Debt | 287 | 320 | 543 | 748 | |||||
| Other undisclosed current liabilities | 252 | 250 | 237 | 218 | 990 | 1,187 | |||
| Total current liabilities: | 689 | 799 | 1,116 | 1,123 | 1,110 | 1,319 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 423 | 486 | 547 | 608 | 669 | 741 | |||
| Accounts payable and accrued liabilities | 423 | 486 | 547 | 608 | 669 | 741 | |||
| Total noncurrent liabilities: | 423 | 486 | 547 | 608 | 669 | 741 | |||
| Total liabilities: | 1,112 | 1,284 | 1,663 | 1,731 | 1,780 | 2,059 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 644 | 505 | 993 | 891 | 1,512 | 2,128 | |||
| Common stock | 2,332 | 2,332 | 2,567 | 1,285 | 1,174 | 881 | |||
| Additional paid in capital | 11,018 | 11,013 | 10,771 | 11,993 | 12,077 | 12,367 | |||
| Deferred compensation equity | (24) | (52) | |||||||
| Accumulated deficit | (12,706) | (12,839) | (12,344) | (12,388) | (11,716) | (11,068) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Total equity: | 644 | 505 | 993 | 891 | 1,512 | 2,128 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,756 | 1,790 | 2,656 | 2,622 | 3,291 | 4,187 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 8/31/2024 Q4 | 5/31/2024 Q3 | 2/29/2024 Q2 | 11/30/2023 Q1 | 8/31/2023 Q4 | 5/31/2023 Q3 | 2/28/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 698 | 385 | 802 | 365 | 573 | 298 | ||
| Cost of revenue | (32) | (63) | (41) | 2,426 | (812) | (912) | ||
| Gross profit: | 666 | 323 | 760 | 2,791 | (239) | (614) | ||
| Operating expenses | 563 | 873 | 830 | 3,680 | 406 | 450 | ||
| Other operating income, net | ||||||||
| Other undisclosed operating loss | (1,093) | (1,684) | (1,618) | (7,116) | (811) | (900) | ||
| Operating income (loss): | 135 | (488) | (28) | (645) | (644) | (1,064) | ||
| Nonoperating income (Other Nonoperating income) | 85 | |||||||
| Interest and debt expense | (5) | (7) | (14) | (10) | (0) | (0) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 130 | (495) | 43 | (655) | (645) | (1,064) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 3 | 1 | (0) | 1 | 0 | |||
| Net income (loss) attributable to parent: | 133 | (495) | 44 | (655) | (644) | (1,064) | ||
| Other undisclosed net loss available to common stockholders, basic | (17) | (4) | (5) | |||||
| Net income (loss) available to common stockholders, diluted: | 133 | (495) | 44 | (672) | (648) | (1,069) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 8/31/2024 Q4 | 5/31/2024 Q3 | 2/29/2024 Q2 | 11/30/2023 Q1 | 8/31/2023 Q4 | 5/31/2023 Q3 | 2/28/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 133 | (495) | 44 | (655) | (644) | (1,064) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 133 | (495) | 44 | (655) | (644) | (1,064) | ||
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.