Armco Metals Holdings Inc (AMCO) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1730 S AMPHELTT BLVD #230 SAN MATEO, CA 94402 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 505 - Metals And Minerals, Except Petroleum (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 919 | 205 | 1,959 | 977 | 1,254 | 1,541 | |||
| Cash and cash equivalents | 916 | 178 | 1,885 | 545 | 703 | 1,000 | |||
| Short-term investments | 3 | 27 | 74 | 433 | 552 | 541 | |||
| Receivables | 18,878 | 32,620 | 43,203 | 53,682 | 23,319 | 18,459 | |||
| Inventory, net of allowances, customer advances and progress billings | 14,372 | 10,614 | 9,154 | 13,967 | 13,249 | 16,787 | |||
| Inventory | 14,372 | 10,614 | 9,154 | 13,967 | 13,249 | 16,787 | |||
| Advances on inventory purchases | 27,720 | 6,719 | 1,093 | 633 | 1,269 | 749 | |||
| Deposits current assets | 10 | 11 | 499 | 498 | 506 | 1,047 | |||
| Other undisclosed current assets | 941 | 973 | 1,165 | 828 | 775 | 2,137 | |||
| Total current assets: | 62,840 | 51,142 | 57,073 | 70,585 | 40,371 | 40,721 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 31,393 | 32,072 | 32,564 | 33,155 | 33,840 | 34,503 | |||
| Intangible assets, net (including goodwill) | 6,084 | 6,114 | 6,108 | 6,130 | 6,159 | 6,183 | |||
| Intangible assets, net (excluding goodwill) | 6,084 | 6,114 | 6,108 | 6,130 | 6,159 | 6,183 | |||
| Deferred tax assets, net | 298 | 938 | 280 | ||||||
| Total noncurrent assets: | 37,775 | 39,125 | 38,952 | 39,285 | 39,999 | 40,686 | |||
| TOTAL ASSETS: | 100,615 | 90,266 | 96,025 | 109,870 | 80,370 | 81,407 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,579 | 14,716 | 15,911 | 34,301 | 7,244 | 9,423 | |||
| Taxes payable | 4,776 | 5,724 | 6,563 | 6,493 | 3,321 | 2,651 | |||
| Accounts payable | 2,970 | 6,153 | 5,498 | 26,100 | 2,699 | 5,118 | |||
| Accrued liabilities | 2,833 | 2,839 | 3,850 | 1,708 | 1,224 | 1,653 | |||
| Debt | 13,287 | 14,557 | 19,679 | 18,431 | 22,467 | 26,525 | |||
| Derivative instruments and hedges, liabilities | 6 | 20 | 1,368 | ||||||
| Deferred tax liabilities | 727 | 3,530 | 2,965 | ||||||
| Due to related parties | 583 | 535 | 718 | 412 | 250 | 397 | |||
| Customer advances and deposits | 26,000 | 1,478 | 1,467 | 1,465 | 1,880 | ||||
| Other undisclosed current liabilities | 10 | 898 | 699 | 2,512 | 792 | 3,578 | |||
| Total current liabilities: | 51,186 | 35,714 | 41,438 | 57,127 | 32,653 | 41,291 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 51,186 | 35,714 | 41,438 | 57,127 | 32,653 | 41,291 | |||
| Equity | |||||||||
| Equity, attributable to parent | 49,429 | 54,553 | 54,586 | 52,744 | 47,718 | 40,116 | |||
| Common stock | 8 | 6 | 6 | 56 | 55 | 34 | |||
| Additional paid in capital | 48,973 | 46,476 | 45,969 | 45,792 | 45,602 | 37,306 | |||
| Accumulated other comprehensive income | 4,603 | 4,611 | 4,120 | 3,853 | 3,818 | 3,771 | |||
| Retained earnings (accumulated deficit) | (4,155) | 3,459 | 4,492 | 3,044 | (1,757) | (995) | |||
| Total equity: | 49,429 | 54,553 | 54,586 | 52,744 | 47,718 | 40,116 | |||
| TOTAL LIABILITIES AND EQUITY: | 100,615 | 90,266 | 96,025 | 109,870 | 80,370 | 81,407 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 36,902 | 43,070 | 49,191 | 32,198 | 32,879 | 9,919 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (44,950) | (46,961) | (46,912) | (23,800) | (29,816) | (11,473) | ||
| Other undisclosed gross profit | 1,959 | 390 | ||||||
| Gross profit: | (8,048) | (3,891) | 4,238 | 8,398 | 3,063 | (1,164) | ||
| Operating expenses | (1,172) | (1,431) | (1,348) | (1,147) | (1,253) | (2,288) | ||
| Operating income (loss): | (9,220) | (5,321) | 2,890 | 7,251 | 1,810 | (3,452) | ||
| Nonoperating income (expense) | (549) | 4,179 | (546) | (660) | (2,572) | (168) | ||
| Investment income, nonoperating | 104 | (49) | (351) | (42) | (586) | 576 | ||
| Debt instrument, convertible, beneficial conversion feature | 95 | 1,901 | ||||||
| Other nonoperating income (expense) | 29 | 561 | (9) | 14 | (17) | (58) | ||
| Interest and debt expense | (683) | 3,792 | (187) | (632) | (1,969) | (673) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (3,792) | 187 | 632 | 1,969 | 673 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (10,453) | (1,143) | 2,344 | 6,591 | (762) | (3,620) | ||
| Other undisclosed income from continuing operations before income taxes | 683 | |||||||
| Income (loss) from continuing operations before income taxes: | (9,769) | (1,143) | 2,344 | 6,591 | (762) | (3,620) | ||
| Income tax expense (benefit) | 2,156 | 110 | (896) | (1,790) | ||||
| Income (loss) from continuing operations: | (7,614) | (1,033) | 1,448 | 4,801 | (762) | (3,620) | ||
| Income (loss) before gain (loss) on sale of properties: | (7,614) | (1,033) | 1,448 | 4,801 | (762) | (3,620) | ||
| Net income (loss) available to common stockholders, basic: | (7,614) | (1,033) | 1,448 | 4,801 | (762) | (3,620) | ||
| Interest on convertible debt | 3 | |||||||
| Net income (loss) available to common stockholders, diluted: | (7,614) | (1,033) | 1,448 | 4,801 | (759) | (3,620) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (7,614) | (1,033) | 1,448 | 4,801 | (762) | (3,620) | ||
| Comprehensive income (loss): | (7,614) | (1,033) | 1,448 | 4,801 | (762) | (3,620) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (8) | 491 | 267 | 35 | 46 | (387) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (7,622) | (542) | 1,716 | 4,836 | (716) | (4,007) | ||
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.