First Hartford Corp (FHRT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
149 COLONIAL RD MANCHESTER, CT 06045-1270 |
| State of Incorp. | ME |
| Fiscal Year End | April 30 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 7/31/2018 MRQ | 4/30/2018 | 4/30/2017 | 4/30/2016 | 4/30/2015 | 4/30/2014 | 4/30/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,826 | 6,251 | 5,983 | 9,698 | 6,501 | 15,246 | |||
| Cash and cash equivalent | 7,206 | 6,251 | 5,983 | 9,698 | 6,501 | 10,399 | |||
| Short-term investments | 619 | 4,847 | |||||||
| Restricted cash and investments | 413 | ||||||||
| Receivables | 3,850 | ||||||||
| Prepaid expense | 572 | ||||||||
| Deferred costs | 2,984 | ||||||||
| Total current assets: | 7,826 | 6,251 | 5,983 | 9,698 | 6,501 | 23,064 | |||
| Noncurrent Assets | |||||||||
| Inventory, real estate | 166,780 | ✕ | |||||||
| Long-term investments and receivables | 430 | 0 | 0 | 0 | 0 | 0 | |||
| Long-term investments | 430 | 0 | 0 | 0 | 0 | 0 | |||
| Intangible assets, net (including goodwill) | 1,065 | 1,227 | 1,086 | 2,775 | 2,366 | ✕ | |||
| Intangible assets, net (excluding goodwill) | 1,065 | 1,227 | 1,086 | 2,775 | 2,366 | ||||
| Deferred costs | 3,064 | 5,713 | 2,953 | 6,005 | 3,103 | ||||
| Total noncurrent assets: | 4,559 | 6,939 | 4,039 | 8,780 | 172,249 | 0 | |||
| Other undisclosed assets | 235,656 | 231,303 | 231,435 | 209,564 | 29,417 | 187,202 | |||
| TOTAL ASSETS: | 248,041 | 244,493 | 241,456 | 228,043 | 208,167 | 210,266 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,082 | ||||||||
| Accounts payable | 434 | ||||||||
| Accrued liabilities | 2,648 | ||||||||
| Debt | 255,556 | ||||||||
| Derivative instruments and hedges, liabilities | 1,286 | ||||||||
| Total current liabilities: | 1,286 | 258,639 | |||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 246,659 | 245,886 | 246,008 | 232,155 | 227,609 | (35,617) | |||
| Total liabilities: | 247,944 | 245,886 | 246,008 | 232,155 | 227,609 | 223,022 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (771) | (2,271) | (5,087) | (6,745) | (23,655) | (18,862) | |||
| Common stock | 3,212 | 3,237 | 3,299 | 3,299 | 3,299 | 3,299 | |||
| Treasury stock, value | (4,989) | (4,989) | (4,984) | (4,970) | (4,965) | 4,953 | |||
| Additional paid in capital | 5,044 | 5,094 | 5,199 | 5,199 | 5,199 | 5,199 | |||
| Accumulated other comprehensive income | 96 | 34 | 147 | ||||||
| Accumulated deficit | (4,038) | (5,612) | (8,600) | (10,368) | (27,222) | (22,554) | |||
| Other undisclosed equity, attributable to parent | (9,905) | ||||||||
| Equity, attributable to noncontrolling interest | 868 | 878 | 536 | 2,633 | 4,214 | 6,107 | |||
| Total equity: | 96 | (1,393) | (4,552) | (4,112) | (19,442) | (12,755) | |||
| TOTAL LIABILITIES AND EQUITY: | 248,041 | 244,493 | 241,456 | 228,043 | 208,167 | 210,266 | |||
Income Statement (P&L) ($ in thousands)
| 7/31/2018 TTM | 4/30/2018 | 4/30/2017 | 4/30/2016 | 4/30/2015 | 4/30/2014 | 4/30/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 83,019 | 75,670 | 61,864 | 69,540 | 41,059 | 39,300 | ||
| Operating leases, income statement, lease revenue | 31,419 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Revenue, net | ✕ | 71,812 | 58,308 | 66,974 | 39,463 | 38,201 | ||
| Cost of revenue (Cost of Product and Service Sold) | (27,724) | (5,791) | (26,937) | (7,809) | (5,948) | |||
| Gross profit: | 83,019 | 47,946 | 56,072 | 42,603 | 33,250 | 33,353 | ||
| Operating expenses | (71,395) | (61,991) | (51,334) | (52,891) | (38,948) | (33,977) | ||
| Other undisclosed operating income | 27,724 | 5,791 | 25,683 | 13,184 | 10,665 | |||
| Operating income: | 11,624 | 13,679 | 10,530 | 15,395 | 7,486 | 10,041 | ||
| Nonoperating expense | (8,495) | (7,340) | (7,954) | (1,660) | (12,585) | (9,850) | ||
| Other nonoperating income | 149 | 137 | 607 | 2,564 | 720 | 383 | ||
| Interest and debt expense | (10,816) | (10,394) | (9,369) | (4,911) | (10,702) | 11,024 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (7,687) | (4,055) | (6,793) | 8,824 | (15,801) | 11,215 | ||
| Income from equity method investments | 791 | 424 | 434 | |||||
| Other undisclosed income (loss) from continuing operations before income taxes | 10,816 | 10,394 | 9,369 | 4,120 | 10,278 | (11,459) | ||
| Income (loss) from continuing operations before income taxes: | 3,129 | 6,339 | 2,576 | 13,734 | (5,099) | 191 | ||
| Income tax expense (benefit) | (1,213) | (1,860) | (932) | 2,210 | (49) | (65) | ||
| Income (loss) from continuing operations: | 1,915 | 4,479 | 1,643 | 15,945 | (5,148) | 126 | ||
| Income (loss) before gain (loss) on sale of properties: | 1,915 | 4,479 | 1,643 | 15,945 | (5,148) | 126 | ||
| Net income (loss): | 1,915 | 4,479 | 1,643 | 15,945 | (5,148) | 126 | ||
| Net income (loss) attributable to noncontrolling interest | (341) | (1,491) | 125 | 909 | 479 | (33) | ||
| Other undisclosed net income attributable to parent | 67 | |||||||
| Net income (loss) available to common stockholders, diluted: | 1,575 | 2,988 | 1,768 | 16,854 | (4,669) | 159 | ||
Comprehensive Income ($ in thousands)
| 7/31/2018 TTM | 4/30/2018 | 4/30/2017 | 4/30/2016 | 4/30/2015 | 4/30/2014 | 4/30/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,915 | 4,479 | 1,643 | 15,945 | (5,148) | 126 | ||
| Other comprehensive loss | (5,350) | |||||||
| Other undisclosed comprehensive income (loss) | (341) | (1,491) | 29 | 1,387 | 5,717 | |||
| Comprehensive income (loss): | 1,575 | 2,988 | 1,672 | 17,332 | (4,781) | 126 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (831) | (3,095) | 620 | 2,026 | 1,048 | (122) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 743 | (107) | 2,292 | 19,358 | (3,733) | 3 | ||
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.