Moregain Pictures, Inc. (MGPC) Financial Statements (2024 and earlier)

Company Profile

Business Address 120 S VICTORY BLVD.
BURBANK, CA 91502
State of Incorp.
Fiscal Year End June 30
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2019
MRQ
6/30/2018
6/30/2017
6/30/2016
6/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 18,59359,52950,1491,195
Cash and cash equivalents 18,59359,52950,1491,195
Prepaid expense 1,8421,8427,973 
Total current assets: 20,43561,37158,1221,195
Noncurrent Assets
Property, plant and equipment 9451,499  
Prepaid expense    175
Deposits noncurrent assets   63,558 
Total noncurrent assets: 9451,49963,558175
Other undisclosed assets   2,053 
TOTAL ASSETS: 21,38062,870123,7331,370
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 35,89452,01333,840566
Accounts payable 35,89452,01333,840566
Debt 70,000   
Due to related parties   343,840 
Total current liabilities: 105,89452,013377,680566
Noncurrent Liabilities
Total liabilities: 105,89452,013377,680566
Equity
Equity, attributable to parent (84,514)10,857(253,947)804
Common stock 7,1807,1804,5484,548
Additional paid in capital 1,028,907862,907322,883282,511
Accumulated deficit (1,120,601)(859,230)(581,378)(286,255)
Total equity: (84,514)10,857(253,947)804
TOTAL LIABILITIES AND EQUITY: 21,38062,870123,7331,370

Income Statement (P&L) (USD)

3/31/2019
TTM
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Operating expenses (261,374)(79,040)(279,862)(34,208)
Other undisclosed operating loss (4,549)   
Operating loss: (261,374)(79,040)(279,862)(34,208)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 3(198,812)(15,261) 
Interest and debt expense  (185,145)(15,261) 
Loss from continuing operations: (261,371)(462,997)(310,384)(34,208)
Loss before gain (loss) on sale of properties: (261,371)(462,997)(310,384)(34,208)
Net loss: (261,371)(462,997)(310,384)(34,208)
Other undisclosed net income attributable to parent  185,14515,261 
Net loss available to common stockholders, diluted: (261,371)(277,852)(295,123)(34,208)

Comprehensive Income (USD)

3/31/2019
TTM
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Net loss: (261,371)(462,997)(310,384)(34,208)
Comprehensive loss, net of tax, attributable to parent: (261,371)(462,997)(310,384)(34,208)

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.

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: