AmeriCrew Inc. (ACRU) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
21 OMAHA STREET DUMONT, NJ 07628 |
| State of Incorp. | NJ |
| Fiscal Year End | September 30 |
| Industry (SIC) | 677 - Blank Checks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 MRQ | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 350 | 721 | ||||
| Cash and cash equivalents | 350 | 721 | ||||
| Receivables | 2,005 | 1,452 | ||||
| Prepaid expense | 415 | 242 | ||||
| Asset, held-in-trust | 721 | |||||
| Other undisclosed current assets | (721) | |||||
| Total current assets: | 2,770 | 2,416 | ||||
| Noncurrent Assets | ||||||
| Finance lease, right-of-use asset, after accumulated amortization | 460 | |||||
| Operating lease, right-of-use asset | 628 | |||||
| Property, plant and equipment | 257 | |||||
| Estimated insurance recoveries | 7,000 | |||||
| Other undisclosed noncurrent assets | (6,895) | |||||
| Total noncurrent assets: | 1,345 | 105 | ||||
| TOTAL ASSETS: | 4,115 | 2,520 | ||||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 1,357 | 1,227 | ||||
| Accounts payable | 977 | 1,089 | ||||
| Accrued liabilities | 177 | 138 | ||||
| Other undisclosed accounts payable and accrued liabilities | 204 | |||||
| Debt | 185 | |||||
| Securities loaned | ||||||
| Due to related parties | 299 | 171 | ||||
| Other undisclosed current liabilities | 2,606 | |||||
| Total current liabilities: | 4,448 | 1,398 | ||||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 322 | 628 | ||||
| Long-term debt, excluding current maturities | 18 | 628 | ||||
| Finance lease, liability | 303 | |||||
| Liabilities, other than long-term debt | 516 | |||||
| Operating lease, liability | 516 | |||||
| Other undisclosed noncurrent liabilities | 464 | 2,738 | ||||
| Total noncurrent liabilities: | 1,302 | 3,366 | ||||
| Total liabilities: | 5,750 | 4,764 | ||||
| Equity | ||||||
| Equity, attributable to parent, including: | (1,635) | (2,520) | ||||
| Preferred stock | 0 | |||||
| Common stock | 16 | 16 | 0 | |||
| Additional paid in capital | 2,605 | (140) | 277 | |||
| Accumulated deficit | (4,255) | (2,257) | (277) | |||
| Other undisclosed equity, attributable to parent | (139) | |||||
| Other undisclosed equity | 139 | |||||
| Total equity: | (1,635) | (2,381) | ||||
| Other undisclosed liabilities and equity | 138 | |||||
| TOTAL LIABILITIES AND EQUITY: | 4,115 | 2,520 | ||||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 TTM | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Revenues | 10,401 | 5,512 | |||
| Cost of revenue | (6,879) | (4,077) | |||
| Other undisclosed gross profit | (10) | ||||
| Gross profit: | 3,512 | 1,435 | |||
| Operating expenses | (2,874) | (3,664) | (264) | ||
| Other undisclosed operating loss | (0) | ||||
| Operating income (loss): | 638 | (2,229) | (264) | ||
| Interest and debt expense | (704) | 359 | |||
| Loss from continuing operations before equity method investments, income taxes: | (66) | (1,870) | (264) | ||
| Other undisclosed loss from continuing operations before income taxes | (378) | ||||
| Loss from continuing operations before income taxes: | (66) | (2,249) | (264) | ||
| Income tax expense | (20) | ||||
| Loss from continuing operations: | (86) | (2,249) | (264) | ||
| Income (loss) before gain (loss) on sale of properties: | 356 | (2,249) | (264) | ||
| Other undisclosed net income | 884 | 359 | |||
| Net income (loss): | 798 | (1,889) | (264) | ||
| Net income attributable to noncontrolling interest | 442 | 1,889 | |||
| Other undisclosed net loss attributable to parent | (1,326) | (1,889) | |||
| Net loss attributable to parent: | (86) | (1,889) | (264) | ||
| Other undisclosed net income available to common stockholders, basic | 2,198 | ||||
| Net income (loss) available to common stockholders, basic: | (86) | 309 | (264) | ||
| Other undisclosed net loss available to common stockholders, diluted | (2,198) | ||||
| Net loss available to common stockholders, diluted: | (86) | (1,889) | (264) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 TTM | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Net income (loss): | 798 | (1,889) | (264) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 798 | (1,889) | (264) | ||
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.