Gores Holdings III, Inc. (GRSH) financial statements (2021 and earlier)

Company profile

Business Address 7799 LEESBURG PIKE
FALLS CHURCH, VA 22043
State of Incorp. DE
Fiscal Year End December 31
SIC 87 - Engineering, Accounting, Research, Management, And Related Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments86145138100010
Cash and cash equivalents86145138100010
Receivables586445432421   
Prepaid expense    000
Other undisclosed current assets62444647   
Total current assets:733635616567010
Noncurrent Assets
Operating lease, right-of-use asset191160154162   
Property, plant and equipment28262728   
Long-term investments and receivables18191818   
Long-term investments18191818   
Intangible assets, net (including goodwill)849566574582   
Goodwill591410410410   
Intangible assets, net (excluding goodwill)258156164172   
Assets held-in-trust    409407406
Deferred income tax assets 131217   
Other noncurrent assets1010109   
Other undisclosed noncurrent assets    00 
Total noncurrent assets:1,096794795816409407406
TOTAL ASSETS:1,8291,4291,4111,383409409407
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities428399386346420
Accounts payable153141107122   
Accrued liabilities114103129100420
Employee-related liabilities145142135107   
Taxes payable16141516110
Deferred revenue106607170   
Debt6646258   
Other liabilities45323133   
Other undisclosed current liabilities47   000
Total current liabilities:632555550506520
Noncurrent Liabilities
Long-term debt and lease obligation1,006705708726   
Long-term debt, excluding current maturities860584590596   
Operating lease, liability146121118130   
Liabilities, other than long-term debt35777  0
Deferred tax liabilities, net0
Deferred income tax liabilities4      
Other liabilities30777   
Other undisclosed noncurrent liabilities    141414
Total noncurrent liabilities:1,041712716733141414
Total liabilities:1,6731,2671,2661,240191614
Temporary equity, carrying amount    385387387
Stockholders' equity
Stockholders' equity attributable to parent, including:124127111111555
Common stock0000   
Additional paid in capital253251246262200
Accumulated other comprehensive income (loss)20(1)(1)   
Retained earnings (accumulated deficit)(130)(124)(134)(150)355
Other undisclosed stockholders' equity attributable to parent    000
Stockholders' equity attributable to noncontrolling interest32353432   
Total stockholders' equity:157162145143555
TOTAL LIABILITIES AND EQUITY:1,8291,4291,4111,383409409407

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues788666643617   
Cost of revenue(623)(513)(497)(465)   
Other undisclosed gross profit(147)(127)(113)(145)   
Gross profit:1826337   
Operating expenses    (3)(2)(0)
Other operating income, net3211   
Operating income (loss):2029347(3)(2)(0)
Nonoperating income
(Investment Income, Nonoperating)
    223
Interest and debt expense(14)  (6)   
Other undisclosed loss from continuing operations before equity method investments, income taxes(51)      
Income (loss) from continuing operations before equity method investments, income taxes:(44)29341(1)(0)2
Income from equity method investments7      
Other undisclosed income (loss) from continuing operations before income taxes32(14)(14)(15)   
Income (loss) from continuing operations before income taxes:(5)1521(13)(1)(0)2
Income tax expense (benefit)(4)(4)(4)9(0)0(1)
Net income (loss):(9)1117(5)(2)(0)2
Net income (loss) attributable to noncontrolling interest3(0)(1)(0)   
Net income (loss) available to common stockholders, diluted:(6)1016(5)(2)(0)2

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(9)1117(5)(2)(0)2
Other comprehensive income (loss)210(1)   
Comprehensive income (loss):(7)1217(5)(2)(0)2
Comprehensive income (loss), net of tax, attributable to noncontrolling interest2(1)(0)(0)   
Comprehensive income (loss), net of tax, attributable to parent:(5)1117(6)(2)(0)2

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: