Digital Brand Media & Marketing Group, Inc. (DBMM) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
845 THIRD AVENUE, 6TH FLOOR NEW YORK, NY 10022 |
| 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 investments | 45 | 9 | 10 | 34 | 18 | 33 | |||
| Cash and cash equivalents | 45 | 9 | 10 | 34 | 18 | 33 | |||
| Receivables | 21 | 20 | 16 | 15 | 58 | 94 | |||
| Other undisclosed current assets | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Total current assets: | 66 | 30 | 27 | 50 | 76 | 128 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1 | 1 | 2 | 2 | 2 | ||||
| Total noncurrent assets: | 1 | 1 | 2 | 2 | 2 | ||||
| Other undisclosed assets | |||||||||
| TOTAL ASSETS: | 66 | 32 | 28 | 52 | 78 | 130 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 724 | 800 | 657 | 438 | 379 | 362 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 643 | 587 | 453 | 333 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,440 | 1,437 | 1,268 | 1,070 | ||
| Accrued liabilities | 2,503 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | (1,779) | 800 | (1,426) | (1,586) | (1,342) | (1,041) | |||
| Debt | 3,049 | 2,492 | 2,239 | 1,821 | 1,512 | 2,122 | |||
| Derivative instruments and hedges, liabilities | 206 | 282 | 506 | 774 | 773 | 724 | |||
| Due to related parties | ✕ | ✕ | 79 | 90 | 77 | 142 | 141 | ||
| Other undisclosed current liabilities | 2,503 | 2,268 | 2,083 | 2,024 | 1,721 | 563 | |||
| Total current liabilities: | 6,483 | 5,920 | 5,576 | 5,134 | 4,527 | 3,912 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27 | 34 | 46 | 50 | |||||
| Long-term debt, excluding current maturities | 27 | 34 | 46 | 50 | |||||
| Total noncurrent liabilities: | 27 | 34 | 46 | 50 | |||||
| Total liabilities: | 6,510 | 5,955 | 5,622 | 5,184 | 4,527 | 3,912 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (6,445) | (5,923) | (5,594) | (5,131) | (4,450) | (3,782) | |||
| Common stock | 825 | 788 | 758 | 758 | 758 | 746 | |||
| Additional paid in capital | 9,813 | 9,667 | 9,529 | 9,270 | 9,270 | 9,274 | |||
| Accumulated other comprehensive income (loss) | 51 | 93 | (36) | (17) | 9 | 9 | |||
| Accumulated deficit | (17,136) | (16,473) | (15,846) | (15,145) | (14,489) | (13,812) | |||
| Other undisclosed equity, attributable to parent | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Total equity: | (6,445) | (5,923) | (5,594) | (5,131) | (4,450) | (3,782) | |||
| TOTAL LIABILITIES AND EQUITY: | 66 | 32 | 28 | 52 | 78 | 130 | |||
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 | 310 | 226 | 172 | 269 | 416 | 537 | ||
| Other income | 46 | 98 | 13 | |||||
| Cost of revenue | (261) | (131) | (168) | (242) | (383) | (429) | ||
| Gross profit: | 49 | 95 | 4 | 27 | 33 | 108 | ||
| Operating expenses | (464) | (553) | (557) | (434) | (517) | (503) | ||
| Operating loss: | (415) | (458) | (553) | (407) | (484) | (395) | ||
| Nonoperating expense | (298) | (168) | (148) | (249) | (192) | (62) | ||
| Investment income, nonoperating | 48 | |||||||
| Interest and debt expense | (73) | (83) | 170 | 10 | (144) | (78) | ||
| Loss from continuing operations: | (786) | (709) | (532) | (646) | (820) | (535) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (709) | (532) | (646) | (820) | (535) | |
| Net loss: | (786) | (709) | (532) | (646) | (820) | (535) | ||
| Other undisclosed net income (loss) attributable to parent | 73 | 83 | (170) | (10) | 144 | 78 | ||
| Net loss available to common stockholders, diluted: | (713) | (626) | (702) | (656) | (676) | (456) | ||
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: | (786) | (709) | (532) | (646) | (820) | (535) | ||
| Other comprehensive income | 34 | |||||||
| Comprehensive loss: | (786) | (709) | (532) | (646) | (820) | (501) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 31 | 212 | (189) | (36) | 144 | 78 | ||
| Comprehensive loss, net of tax, attributable to parent: | (755) | (497) | (721) | (682) | (676) | (423) | ||
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.