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) (USD)

11/30/2023
Q1
8/31/2023
Q4
5/31/2023
Q3
2/28/2023
Q2
11/30/2022
Q1
8/31/2022
Q4
5/31/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments48,8194,4404,10414,5724,0253,613
Cash and cash equivalents48,8194,4404,10414,5724,0253,613
Total current assets:48,8194,4404,10414,5724,0253,613
Noncurrent Assets
Other undisclosed noncurrent assets6,979     
Total noncurrent assets:6,979     
TOTAL ASSETS:55,7984,4404,10414,5724,0253,613
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:17,69429,38729,94930,52131,07531,628
Accrued liabilities201,612190,700180,333170,134  
Other undisclosed accounts payable and accrued liabilities(183,918)(161,313)(150,384)(139,613)31,07531,628
Debt 581,098538,131520,02913,03313,03312,490
Due to related parties503,242462,744449,701
Other undisclosed current liabilities201,612205,438195,071183,624175,091165,897
Total current liabilities:800,404772,956745,049730,420681,943659,716
Noncurrent Liabilities
Other undisclosed noncurrent liabilities27,771     
Total noncurrent liabilities:27,771     
Total liabilities:828,175772,956745,049730,420681,943659,716
Equity
Equity, attributable to parent, including:(772,377)(768,516)(740,945)(715,848)(677,918)(656,103)
Common stock111,619111,619111,619111,619111,619111,619
Additional paid in capital1,037,8731,037,8731,037,8731,037,8731,037,8731,037,873
Accumulated deficit(1,917,869)(1,914,008)(1,886,437)(1,861,340)(1,823,410)(1,801,595)
Stockholders' equity note, subscriptions receivable(4,000)(4,000)(4,000)(4,000) (4,000)
Other undisclosed equity, attributable to parent     (4,000) 
Total equity:(772,377)(768,516)(740,945)(715,848)(677,918)(656,103)
TOTAL LIABILITIES AND EQUITY:55,7984,4404,10414,5724,0253,613

Income Statement (P&L) (USD)

11/30/2023
Q1
8/31/2023
Q4
5/31/2023
Q3
2/28/2023
Q2
11/30/2022
Q1
8/31/2022
Q4
5/31/2022
Q3
Other undisclosed gross profit     (1,550) 
Gross profit:     (1,550) 
Operating expenses(3,884)(17,205)(14,902)(28,150)(10,528)(28,206)
Operating loss:(3,884)(17,205)(14,902)(28,150)(12,078)(28,206)
Nonoperating income (expense)23(10,367)(10,209)(9,780)(9,736)(9,450)
Interest and debt expense(10,913)(10,367)(10,209)(9,780)(9,736)(9,450)
Loss from continuing operations before equity method investments, income taxes:(14,774)(37,939)(35,320)(47,710)(31,550)(47,106)
Other undisclosed income from continuing operations before income taxes10,91310,36810,2099,7809,7369,450
Loss from continuing operations before income taxes:(3,861)(27,571)(25,111)(37,930)(21,814)(37,656)
Other undisclosed income from continuing operations     196,491 
Income (loss) from continuing operations:(3,861)(27,571)(25,111)(37,930)174,677(37,656)
Income (loss) before gain (loss) on sale of properties:174,677(37,656)
Net income (loss):(3,861)(27,571)(25,111)(37,930)174,677(37,656)
Other undisclosed net loss attributable to parent     (196,491) 
Net loss available to common stockholders, diluted:(3,861)(27,571)(25,111)(37,930)(21,814)(37,656)

Comprehensive Income (USD)

11/30/2023
Q1
8/31/2023
Q4
5/31/2023
Q3
2/28/2023
Q2
11/30/2022
Q1
8/31/2022
Q4
5/31/2022
Q3
Net income (loss):(3,861)(27,571)(25,111)(37,930)174,677(37,656)
Comprehensive income (loss), net of tax, attributable to parent:(3,861)(27,571)(25,111)(37,930)174,677(37,656)

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.

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