Octagon 88 Resources Inc (OCTX) Financial Statements (2024 and earlier)

Company Profile

Business Address HOCHWACHTSTRASSE 4
STEINHAUSEN, 6312
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 1381 - Drilling Oil and Gas Wells (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2014
MRQ
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 217,187
Cash and cash equivalents 217,187
Other undisclosed current assets (108,594)
Total current assets: 108,593
Noncurrent Assets
Long-term investments and receivables 61,089,642
Long-term investments 61,089,642
Total noncurrent assets: 61,089,642
TOTAL ASSETS: 61,198,235
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 7,968
Other undisclosed accounts payable and accrued liabilities 7,968
Due to related parties 19,167
Other undisclosed current liabilities 122,978
Total current liabilities: 150,113
Noncurrent Liabilities
Total liabilities: 150,113
Equity
Equity, attributable to parent, including: 61,048,122
Common stock 2,655
Additional paid in capital 61,760,078
Other undisclosed equity, attributable to parent (714,611)
Total equity: 61,048,122
TOTAL LIABILITIES AND EQUITY: 61,198,235

Income Statement (P&L) (USD)

3/31/2014
TTM
6/30/2013
Gross profit: (36,819)
Operating expenses (1,839)
Operating loss: (38,658)
Loss from continuing operations before equity method investments, income taxes: (38,658)
Loss from equity method investments (533,358)
Loss from continuing operations before income taxes: (572,016)
Income tax benefit 194,485
Loss from continuing operations: (377,531)
Loss before gain (loss) on sale of properties: (377,531)
Net loss: (377,531)
Other undisclosed net loss attributable to parent (194,485)
Net loss available to common stockholders, diluted: (572,016)

Comprehensive Income (USD)

3/31/2014
TTM
6/30/2013
Net loss: (377,531)
Comprehensive loss, net of tax, attributable to parent: (377,531)

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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