Inbit Corp (INBT) Financial Statements (2025 and earlier)

Company Profile

Business Address L9-02, LEVEL 9, BREM MALL
KUALA LUMPUR, 52000
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 7371 - Computer Programming Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1  
Cash and cash equivalent1  
Deposits current assets   
Total current assets:1  
Noncurrent Assets
Other undisclosed assets 40  
TOTAL ASSETS:41  
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10115
Accrued liabilities10115
Due to related parties4679 
Total current liabilities:56905
Noncurrent Liabilities
Other undisclosed liabilities111  
Total liabilities:167905
Equity
Equity, attributable to parent(126)(90)(5)
Common stock666
Additional paid in capital252525
Accumulated deficit(157)(121)(36)
Total equity:(126)(90)(5)
TOTAL LIABILITIES AND EQUITY:41  

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 17 5
Other income   11
Cost of revenue
(Cost of Product and Service Sold)
 (13)  
Gross profit: 4 5
Operating expenses(40)(86)(50)
Other undisclosed operating income   11
Operating loss:(36)(86)(34)
Loss from continuing operations before equity method investments, income taxes:(36)(86)(34)
Other undisclosed income from continuing operations before income taxes7217169
Income from continuing operations:368634
Income before gain (loss) on sale of properties:368634
Net income:368634
Other undisclosed net loss attributable to parent(72)(171)(69)
Net loss available to common stockholders, diluted:(36)(86)(34)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:368634
Comprehensive income, net of tax, attributable to parent:368634

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.

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