GROW CAPITAL, INC. (GRWC) financial statements (2022 and earlier)

Company profile

Business Address 2485 VILLAGE VIEW DRIVE, SUITE 180
HENDERSON, NV 89074
State of Incorp. UT
Fiscal Year End June 30
SIC 7371 - Computer Programming Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

3/31/2021
Q3
12/31/2020
Q2
9/30/2020
Q1
6/30/2020
Q4
3/31/2020
Q3
12/31/2019
Q2
9/30/2019
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,0977411,49624715610857
Cash and cash equivalents1,0977411,49624715610857
Receivables112228265318615156144
Prepaid expense11013481692456241,026
Assets held-for-sale, not part of disposal group 792     
Intangible current assets0000000
Other current assets 1341474   
Other undisclosed current assets17818572137101548555
Total current assets:1,4972,2152,0617751,1171,4361,782
Noncurrent Assets
Operating lease, right-of-use asset1,8251,9202,024    
Property, plant and equipment1491549458438466264
Regulated entity, other noncurrent assets    186568 
Other undisclosed noncurrent assets303233296915031,072
Total noncurrent assets:2,0042,1063,0011,1391,1231,1331,137
TOTAL ASSETS:3,5014,3215,0621,9132,2402,5692,919
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,4391,2031,965671428369428
Accounts payable 352787499312267281
Accrued liabilities1,4398511,179173116102148
Deferred revenue47683625101214
Debt437523625465914
Due to related parties305197105105158158158
Disposal group, including discontinued operation 615   2730
Other liabilities19620122212   
Other undisclosed current liabilities627712720185202174283
Total current liabilities:3,0513,5183,6741,044804750928
Noncurrent Liabilities
Long-term debt and lease obligation, including:6,3846,291594294278278278
Long-term debt, excluding current maturities4,7974,7005,220    
Operating lease, liability1,5881,5911,663294278278278
Other undisclosed long-term debt and lease obligation  (6,289)    
Liabilities, other than long-term debt3,6883,6973,697  597597
Deferred revenue3,3183,3273,327    
Disposal group, including discontinued operation, liabilities     597597
Other liabilities370370370    
Other undisclosed noncurrent liabilities  6,289584592  
Total noncurrent liabilities:10,0729,98810,580877870875875
Total liabilities:13,12313,50614,2541,9211,6741,6251,803
Stockholders' equity
Stockholders' equity attributable to parent, including:(534)(9,184)(9,192)(8)5679441,116
Common stock25252313250246243
Treasury stock, value(236)(236)(236)    
Additional paid in capital51,30850,90350,12050,06749,30149,06948,863
Accumulated deficit(51,631)(51,069)(51,163)(50,088)(48,984)(48,371)(47,990)
Other undisclosed stockholders' equity attributable to parent (8,807)(7,936)    
Other undisclosed stockholders' equity(9,088)8,8077,936    
Total stockholders' equity:(9,622)(377)(1,256)(8)5679441,116
Other undisclosed liabilities and equity (8,807)(7,936)    
TOTAL LIABILITIES AND EQUITY:3,5014,3215,0621,9132,2402,5692,919

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

3/31/2021
Q3
12/31/2020
Q2
9/30/2020
Q1
6/30/2020
Q4
3/31/2020
Q3
12/31/2019
Q2
9/30/2019
Q1
Revenues8,0718,9164,663441565723512
Revenue from related parties15139331393535668455
Cost of revenue(6,698)(7,255)(3,717)(329)(293)(297)(314)
Gross profit:1,3741,661946113273426199
Operating expenses(2,366)(2,418)(1,874)(1,270)(879)(811)(949)
Operating loss:(992)(757)(928)(1,157)(606)(385)(750)
Nonoperating income (expense)185(37)(74)(7)(7)21
Investment income, nonoperating   2221
Interest and debt expense(68)(40)(570)(9)(9)  
Loss from continuing operations:(876)(834)(1,571)(1,174)(622)(383)(749)
Income (loss) from discontinued operations(35)17 61 2500
Loss before gain (loss) on sale of properties:(911)(817)(1,571)(1,113)(622)(381)(249)
Other undisclosed net income6891149699 498
Net income (loss):(843)94(1,075)(1,104)(613)(381)249
Net income (loss) attributable to noncontrolling interest281871(74)    
Other undisclosed net income (loss) attributable to parent (1,743)1482,2071,227762(498)
Net income (loss) available to common stockholders, diluted:(562)(777)(1,001)1,104613381(249)

Comprehensive Income ($ in thousands)

3/31/2021
Q3
12/31/2020
Q2
9/30/2020
Q1
6/30/2020
Q4
3/31/2020
Q3
12/31/2019
Q2
9/30/2019
Q1
Net income (loss):(843)94(1,075)(1,104)(613)(381)249
Comprehensive income (loss):(843)94(1,075)(1,104)(613)(381)249
Comprehensive income (loss), net of tax, attributable to noncontrolling interest281871(74)    
Comprehensive income (loss), net of tax, attributable to parent:(562)966(1,149)(1,104)(613)(381)249

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.

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