Metavesco, Inc. (MVCO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
300 EAST MAIN STREET NORFOLK, VA 23510 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 35,151 | 44 | 12,625 | 8,993 | 4,624 | ||||
| Cash and cash equivalents | 35,151 | 44 | 12,625 | 8,993 | 4,624 | ||||
| Inventory, net of allowances, customer advances and progress billings | |||||||||
| Inventory | |||||||||
| Prepaid expense | 13,847 | ||||||||
| Deposits current assets | |||||||||
| Intangible current assets | 434,642 | ||||||||
| Total current assets: | 483,640 | 44 | 12,625 | 8,993 | 4,624 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | |||||||||
| Intangible assets, net (including goodwill) | 434,642 | ||||||||
| Intangible assets, net (excluding goodwill) | 434,642 | ||||||||
| Other undisclosed noncurrent assets | (434,642) | ||||||||
| Total noncurrent assets: | |||||||||
| TOTAL ASSETS: | 483,640 | 44 | 12,625 | 8,993 | 4,624 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 26,549 | 58,530 | 29,449 | 7,308 | 169,856 | 147,569 | |||
| Interest and dividends payable | ✕ | 36,441 | 20,749 | 163,261 | |||||
| Accounts payable | 22,089 | 8,700 | 7,308 | 6,595 | |||||
| Accrued liabilities | 147,569 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 26,549 | ||||||||
| Debt | 559 | 149,838 | 104,838 | 10,427,300 | 10,427,300 | ||||
| Due to related parties | 100,000 | 184,880 | |||||||
| Other undisclosed current liabilities | 12,202 | 63,055 | |||||||
| Total current liabilities: | 139,310 | 208,368 | 134,287 | 192,188 | 10,660,211 | 10,574,869 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | |||||||||
| Long-term debt, excluding current maturities | |||||||||
| Other undisclosed noncurrent liabilities | |||||||||
| Total noncurrent liabilities: | |||||||||
| Total liabilities: | 139,310 | 208,368 | 134,287 | 192,188 | 10,660,211 | 10,574,869 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 344,330 | (208,324) | (121,662) | (183,195) | (10,655,587) | (10,574,869) | |||
| Common stock | 608 | 6,082,214 | 6,082,214 | 1,915,548 | 1,915,548 | 1,915,548 | |||
| Additional paid in capital | 19,389,924 | 11,639,814 | 11,609,814 | 15,586,480 | 15,539,813 | 15,479,680 | |||
| Accumulated deficit | (19,046,202) | (17,930,352) | (17,813,690) | (17,685,223) | (28,110,948) | (27,970,097) | |||
| Other undisclosed equity, attributable to parent | |||||||||
| Total equity: | 344,330 | (208,324) | (121,662) | (183,195) | (10,655,587) | (10,574,869) | |||
| TOTAL LIABILITIES AND EQUITY: | 483,640 | 44 | 12,625 | 8,993 | 4,624 | ||||
Income Statement (P&L) (USD)
| 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 100,056 | 192 | ||||||
| Net investment income | 192 | |||||||
| Gross profit: | 100,056 | 192 | ||||||
| Operating expenses | (411,072) | (116,662) | (128,467) | (158,529) | (140,851) | (374,113) | ||
| Operating loss: | (311,016) | (116,662) | (128,467) | (158,529) | (140,851) | (373,921) | ||
| Nonoperating income (expense) | (804,834) | |||||||
| Interest and debt expense | (12,761) | (45,692) | (70,707) | 10,584,254 | (39,542) | |||
| Income (loss) from continuing operations: | (1,128,611) | (162,354) | (199,174) | 10,425,725 | (180,393) | (373,921) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (1,128,611) | (162,354) | (199,174) | 10,425,725 | (180,393) | (373,921) | |
| Net income (loss): | (1,128,611) | (162,354) | (199,174) | 10,425,725 | (180,393) | (373,921) | ||
| Other undisclosed net income (loss) attributable to parent | 12,761 | 45,692 | 70,707 | 39,542 | ||||
| Net income (loss) available to common stockholders, diluted: | (1,115,850) | (116,662) | (128,467) | 10,425,725 | (140,851) | (373,921) | ||
Comprehensive Income (USD)
| 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,128,611) | (162,354) | (199,174) | 10,425,725 | (180,393) | (373,921) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,128,611) | (162,354) | (199,174) | 10,425,725 | (180,393) | (373,921) | ||
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.