Elite Group, Inc. (ELTZ) Financial Statements (2024 and earlier)

Company Profile

Business Address 4760 PRESTON ROAD
FRISCO, TX 75034
State of Incorp.
Fiscal Year End March 31
Industry (SIC) 519 - Miscellaneous Non-durable Goods (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments172,888
Cash and cash equivalents172,888
Other current assets24,000 
Other undisclosed current assets(24,000) 
Total current assets:172,888
Noncurrent Assets
Long-term investments and receivables4,894 
Long-term investments4,894 
Other undisclosed noncurrent assets80,963 
Total noncurrent assets:85,857 
TOTAL ASSETS:85,8742,888
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:42,261 
Employee-related liabilities 15,000 
Other undisclosed accounts payable and accrued liabilities27,261 
Debt523,8334,100
Derivative instruments and hedges, liabilities  
Total current liabilities:566,0944,100
Noncurrent Liabilities
Other undisclosed liabilities19,894 
Total liabilities:585,9884,100
Equity
Equity, attributable to parent, including:(500,114)(1,212)
Common stock3,0142,799
Additional paid in capital368,13624,601
Accumulated deficit(15,824,577)(28,612)
Other undisclosed equity, attributable to parent14,953,313 
Total equity:(500,114)(1,212)
TOTAL LIABILITIES AND EQUITY:85,8742,888

Income Statement (P&L) (USD)

3/31/2017
3/31/2016
3/31/2015
Revenues 200930
Revenue, net  930
Gross profit: 200930
Operating expenses(3,100)(28,126)
Other operating income, net 15,342,056 
Other undisclosed operating loss  
Operating income (loss):15,339,156(27,196)
Nonoperating income
(Investment Income, Nonoperating)
  
Interest and debt expense23,833 
Income (loss) from continuing operations:15,362,989(27,196)
Income (loss) before gain (loss) on sale of properties:(432,976)(27,196)
Loss from discontinued operations (15,795,965) 
Other undisclosed net loss (15,362,989) 
Net income (loss):(15,795,965)(27,196)
Other undisclosed net loss attributable to parent  
Net loss available to common stockholders, diluted:(15,795,965)(27,196)

Comprehensive Income (USD)

3/31/2017
3/31/2016
3/31/2015
Net income (loss):(15,795,965)(27,196)
Comprehensive income (loss), net of tax, attributable to parent:(15,795,965)(27,196)

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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