First Marblehead Corp (FMD) financial statements (2022 and earlier)

Company profile

Business Address ONE CABOT ROAD
MEDFORD, MA 02155
State of Incorp.
Fiscal Year End June 30
SIC 6141 - Personal Credit Institutions (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

6/30/2015
6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments63,00674,012137,089
Cash and cash equivalents47,00433,95581,910
Short-term investments16,00240,05755,179
Disposal group, including discontinued operation 86,394 
Total current assets:63,006160,406137,089
Noncurrent Assets
Property, plant and equipment5,2595,8196,176
Intangible assets, net (including goodwill)39,52341,83544,259
Goodwill20,06620,06620,066
Intangible assets, net (excluding goodwill)19,45721,76924,193
Deferred costs  48
Total noncurrent assets:44,78247,65450,483
Other undisclosed assets133,018234,824284,721
TOTAL ASSETS:240,806442,884472,293
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities138,606296,386292,966
Total liabilities:138,606296,386292,966
Stockholders' equity
Stockholders' equity attributable to parent102,200146,498179,327
Common stock1261221,204
Treasury stock, value(188,397)(187,860)(187,154)
Additional paid in capital466,640462,328456,843
Accumulated other comprehensive income (loss) 299(742)
Accumulated deficit(176,169)(128,391)(90,824)
Total stockholders' equity:102,200146,498179,327
TOTAL LIABILITIES AND EQUITY:240,806442,884472,293

Income statement (P&L) ($ in thousands)

6/30/2015
6/30/2014
6/30/2013
Revenues46,17444,15644,446
Cost of revenue
(Financial Services Costs)
  (148)
Gross profit:46,17444,15644,298
Operating expenses(88,496)(83,880)(63,202)
Operating loss:(42,322)(39,724)(18,904)
Nonoperating income
(Other Nonoperating income)
387582946
Interest and debt expense(5)(25)(1,422)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 227(28,521)
Loss from continuing operations before equity method investments, income taxes:(41,940)(38,940)(47,901)
Other undisclosed income from continuing operations before income taxes5  
Loss from continuing operations before income taxes:(41,935)(38,940)(47,901)
Income tax expense(1,145)(1,125)(2,296)
Loss from continuing operations:(43,080)(40,065)(50,197)
Income (loss) from discontinued operations(4,698)2,498 
Net loss available to common stockholders, diluted:(47,778)(37,567)(50,197)

Comprehensive Income ($ in thousands)

6/30/2015
6/30/2014
6/30/2013
Net loss:(47,778)(37,567)(50,197)
Other comprehensive income (loss)(299)1,041(1,352)
Comprehensive loss, net of tax, attributable to parent:(48,077)(36,526)(51,549)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: