Emergent Capital, Inc. (EMGC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5355 TOWN CENTER ROAD BOCA RATON, FL 33486 |
| State of Incorp. | FL |
| Fiscal Year End | November 30 |
| Industry (SIC) | 6311 - Life Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 8/31/2020 MRQ | 11/30/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 162,132 | 31,267 | 11,318 | 20,341 | 54,917 | 22,699 | |||
| Cash and cash equivalents | 24,283 | 18,131 | 2,246 | 12,946 | 51,166 | 14,722 | |||
| Short-term investments | 137,849 | ||||||||
| Other undisclosed cash, cash equivalents, and short-term investments | 13,136 | 9,072 | 7,395 | 3,751 | 7,977 | ||||
| Restricted cash and investments | 511 | 6,025 | 2,501 | ||||||
| Total current assets: | 162,643 | 31,267 | 17,343 | 22,842 | 54,917 | 22,699 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 18 | 145 | 232 | 322 | 355 | 74 | |||
| Long-term investments and receivables | 2,384 | 2,384 | 2,384 | 2,378 | |||||
| Long-term investments | 2,384 | 2,384 | 2,384 | 2,378 | |||||
| Total noncurrent assets: | 18 | 145 | 2,616 | 2,706 | 2,739 | 2,452 | |||
| Other undisclosed assets | 3,051 | 602,978 | 505,859 | 484,309 | 402,275 | 322,952 | |||
| TOTAL ASSETS: | 165,712 | 634,390 | 525,818 | 509,857 | 459,931 | 348,103 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 123,599 | 437,748 | 352,944 | 289,500 | 244,828 | 154,681 | |||
| Total liabilities: | 123,599 | 437,748 | 352,944 | 289,500 | 244,828 | 154,681 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 42,113 | 196,642 | 172,874 | 220,357 | 215,103 | 193,422 | |||
| Treasury stock, value | (2,534) | (2,534) | (2,534) | (2,534) | |||||
| Additional paid in capital | 334,576 | 333,629 | 307,647 | 305,450 | 266,705 | 239,506 | |||
| Accumulated deficit | (291,513) | (136,038) | (132,529) | (82,840) | (51,816) | (46,296) | |||
| Other undisclosed equity, attributable to parent | 1,584 | 1,585 | 290 | 281 | 214 | 212 | |||
| Total equity: | 42,113 | 196,642 | 172,874 | 220,357 | 215,103 | 193,422 | |||
| TOTAL LIABILITIES AND EQUITY: | 165,712 | 634,390 | 525,818 | 509,857 | 459,931 | 348,103 | |||
Income Statement (P&L) ($ in thousands)
| 8/31/2020 TTM | 11/30/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 41,525 | 51,873 | 1,115 | 46,891 | 43,816 | 89,078 | ||
| Other income | 2,261 | 322 | 251 | ✕ | ✕ | |||
| Cost of revenue | (13,898) | (39,316) | (28,095) | (85,990) | (22,786) | (24,802) | ||
| Gross profit: | 27,627 | 12,557 | (26,980) | (39,099) | 21,030 | 64,276 | ||
| Operating expenses | (7,002) | (15,795) | (22,449) | (26,056) | (12,414) | |||
| Operating income (loss): | 20,625 | (3,238) | (49,429) | (39,099) | (5,026) | 51,862 | ||
| Interest and debt expense | (11,220) | (34,815) | (29,439) | (27,286) | (16,245) | (17,648) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 11,220 | 34,815 | 29,439 | 27,286 | 16,245 | 17,648 | ||
| Income (loss) from continuing operations before income taxes: | 20,625 | (3,238) | (49,429) | (39,099) | (5,026) | 51,862 | ||
| Income tax expense (benefit) | (3,766) | 8,719 | (125) | (39) | ||||
| Income (loss) from continuing operations: | 16,859 | (3,238) | (49,429) | (30,380) | (5,151) | 51,823 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 14,496 | (3,509) | (49,689) | (31,024) | (5,520) | 65,332 | |
| Income (loss) from discontinued operations | (2,363) | (271) | (260) | (644) | (369) | 13,509 | ||
| Net income (loss) available to common stockholders, diluted: | 14,496 | (3,509) | (49,689) | (31,024) | (5,520) | 65,332 | ||
Comprehensive Income ($ in thousands)
| 8/31/2020 TTM | 11/30/2019 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 14,496 | (3,509) | (49,689) | (31,024) | (5,520) | 65,332 | ||
| Comprehensive income (loss): | 14,496 | (3,509) | (49,689) | (31,024) | (5,520) | 65,332 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 3 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 14,496 | (3,509) | (49,689) | (31,024) | (5,520) | 65,335 | ||
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.