BorrowMoney.com, Inc. (BWMY) Financial Statements (2024 and earlier)

Company Profile

Business Address 512 BAYSHORE DRIVE FORT
LAUDERDALE, FL 33304
State of Incorp. FL
Fiscal Year End August 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

11/30/2023
MRQ
8/31/2023
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4949885
Cash and cash equivalents4949885
Prepaid expense      4
Total current assets:4949889
Noncurrent Assets
Other undisclosed noncurrent assets7     
Total noncurrent assets:7     
TOTAL ASSETS:5649889
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1831342483
Interest and dividends payable124824527
Accrued liabilities202     
Other undisclosed accounts payable and accrued liabilities(184)31(90)(57)(36)(25)
Debt 5811311   
Due to related parties463453492408 
Other undisclosed current liabilities202175137824527
Total current liabilities:80068263559846030
Noncurrent Liabilities
Liabilities, other than long-term debt      330
Due to related parties    330
Other undisclosed noncurrent liabilities28     
Total noncurrent liabilities:28    330
Total liabilities:828682635598460360
Equity
Equity, attributable to parent, including:(772)(678)(626)(590)(453)(351)
Common stock112112109222
Additional paid in capital1,0381,038350298288238
Accumulated deficit(1,918)(1,823)(1,082)(886)(743)(591)
Stockholders' equity note, subscriptions receivable(4)  (4)  
Other undisclosed equity, attributable to parent  (4)(4)   
Total equity:(772)(678)(626)(590)(453)(351)
TOTAL LIABILITIES AND EQUITY:5649889

Income Statement (P&L) ($ in thousands)

11/30/2023
TTM
8/31/2023
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
Revenues  2532  
Cost of revenue  (2)  (9) 
Cost of goods and services sold  (2)    
Gross profit:  2332(9) 
Operating expenses(64)(122)(156)(108)(134)(91)
Other undisclosed operating income     9 
Operating loss:(64)(98)(153)(106)(134)(91)
Nonoperating expense(30)(643)(43)(37)(17)(10)
Other nonoperating income11     
Interest and debt expense(41)(38)(43)(37)(17)(10)
Loss from continuing operations before equity method investments, income taxes:(136)(780)(239)(181)(169)(110)
Other undisclosed income from continuing operations before income taxes413843371710
Loss from continuing operations before income taxes:(94)(741)(196)(143)(152)(101)
Income tax benefit  196 362237
Loss from continuing operations:(94)(545)(196)(107)(130)(64)
Loss before gain (loss) on sale of properties:(545)(196)(107)(130)(64)
Net loss:(94)(545)(196)(107)(130)(64)
Other undisclosed net loss attributable to parent  (196) (36)(22)(37)
Net loss available to common stockholders, diluted:(94)(741)(196)(143)(152)(101)

Comprehensive Income ($ in thousands)

11/30/2023
TTM
8/31/2023
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
Net loss:(94)(545)(196)(107)(130)(64)
Comprehensive loss, net of tax, attributable to parent:(94)(545)(196)(107)(130)(64)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: