ADM ENDEAVORS, INC. (ADMQ) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5941 POSEY LANE HALTOM CITY, TX 76117 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 731 - Advertising (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 301 | 234 | 418 | 277 | 275 | 31 | |||
| Cash and cash equivalents | 301 | 234 | 418 | 277 | 275 | 31 | |||
| Receivables | 416 | 387 | 750 | 181 | 76 | 238 | |||
| Inventory, net of allowances, customer advances and progress billings | 171 | 168 | 139 | 208 | 139 | 93 | |||
| Inventory | 171 | 168 | 139 | 208 | 139 | 93 | |||
| Prepaid expense | 107 | ||||||||
| Disposal group, including discontinued operation | 13 | ||||||||
| Other undisclosed current assets | 30 | 41 | 39 | 2 | 19 | ||||
| Total current assets: | 918 | 831 | 1,346 | 772 | 505 | 381 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 17 | 51 | 28 | ✕ | |||||
| Property, plant and equipment | 3,229 | 2,830 | 1,376 | 1,121 | 217 | 224 | |||
| Intangible assets, net (including goodwill) | 689 | 689 | 689 | 689 | 689 | 689 | |||
| Goodwill | 689 | 689 | 689 | 689 | 689 | 689 | |||
| Total noncurrent assets: | 3,935 | 3,570 | 2,065 | 1,809 | 934 | 912 | |||
| TOTAL ASSETS: | 4,853 | 4,400 | 3,411 | 2,582 | 1,440 | 1,293 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 373 | 389 | 539 | 178 | 221 | 584 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 53 | |||||
| Taxes payable | ✕ | ✕ | ✕ | 115 | |||||
| Accounts payable | 72 | 21 | 5 | 19 | 92 | ||||
| Accrued liabilities | 373 | 316 | 351 | 173 | 202 | 492 | |||
| Debt | 183 | 106 | 226 | 630 | 28 | 31 | |||
| Derivative instruments and hedges, liabilities | 214 | 308 | 218 | 223 | 197 | 198 | |||
| Disposal group, including discontinued operation | 108 | ||||||||
| Due to related parties | ✕ | ✕ | 50 | ||||||
| Other undisclosed current liabilities | 105 | 40 | 53 | 140 | |||||
| Total current liabilities: | 875 | 842 | 1,036 | 1,030 | 554 | 1,003 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,226 | 1,076 | 86 | 106 | 6 | ||||
| Long-term debt, excluding current maturities | 1,226 | 1,076 | 86 | 106 | 6 | ||||
| Liabilities, other than long-term debt | 44 | 43 | |||||||
| Deferred income tax liabilities | 44 | 26 | ✕ | ||||||
| Operating lease, liability | 17 | ✕ | |||||||
| Total noncurrent liabilities: | 1,270 | 1,119 | 86 | 106 | 6 | ||||
| Total liabilities: | 2,145 | 1,962 | 1,122 | 1,030 | 660 | 1,009 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,708 | 2,439 | 2,289 | 1,552 | 779 | 284 | |||
| Preferred stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Common stock | 156 | 154 | 154 | 164 | 136 | 128 | |||
| Additional paid in capital | 1,431 | 1,318 | 1,318 | 1,308 | 540 | 428 | |||
| Retained earnings (accumulated deficit) | 1,103 | 965 | 815 | 78 | 101 | (274) | |||
| Other undisclosed equity, attributable to parent | 16 | ||||||||
| Other undisclosed equity | 0 | ||||||||
| Total equity: | 2,708 | 2,439 | 2,289 | 1,552 | 779 | 284 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,853 | 4,400 | 3,411 | 2,582 | 1,440 | 1,293 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,189 | 5,625 | 6,557 | 5,038 | 3,821 | 3,618 | ||
| Cost of revenue | (3,682) | (3,782) | (3,990) | (2,042) | (2,166) | |||
| Cost of goods and services sold | (2,042) | (2,166) | ||||||
| Gross profit: | 1,507 | 1,842 | 2,567 | 5,038 | 1,779 | 1,452 | ||
| Operating expenses | (1,415) | (1,489) | (1,852) | (5,159) | (3,549) | (1,583) | ||
| Other undisclosed operating income | 2,042 | |||||||
| Operating income (loss): | 92 | 353 | 715 | (121) | 272 | (131) | ||
| Nonoperating income (expense) | 81 | (133) | 169 | 3 | (9) | (222) | ||
| Other nonoperating income | 11 | 21 | ||||||
| Interest and debt expense | 5 | 169 | (9) | (106) | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 178 | 220 | 1,054 | (118) | 253 | (459) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (5) | (169) | 9 | 106 | ||||
| Income (loss) from continuing operations before income taxes: | 173 | 220 | 884 | (118) | 263 | (353) | ||
| Income tax expense | (36) | (70) | (147) | (2) | (31) | |||
| Income (loss) from continuing operations: | 137 | 150 | 737 | (120) | 232 | (353) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 737 | (23) | 375 | (353) | |
| Income from discontinued operations | 97 | 144 | ||||||
| Net income (loss) available to common stockholders, basic: | 137 | 150 | 737 | (23) | 375 | (353) | ||
| Interest on convertible debt | 81 | 9 | 40 | |||||
| Net income (loss) available to common stockholders, diluted: | 137 | 231 | 737 | (23) | 385 | (313) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 137 | 150 | 737 | (23) | 375 | (353) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 137 | 150 | 737 | (23) | 375 | (353) | ||
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.