Telco Cuba, Inc. (QBAN) Financial Statements (2024 and earlier)

Company Profile

Business Address 454 S. YONGE STREET
ORMOND BEACH, FL 32174
State of Incorp. NV
Fiscal Year End November 30
Industry (SIC) 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

11/30/2016
11/30/2014
11/30/2013
11/30/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22470
Cash and cash equivalents22470
Inventory, net of allowances, customer advances and progress billings 
Inventory   
Prepaid expense   3,500
Total current assets:223,970
Noncurrent Assets
Property, plant and equipment 1,200,000 
Oil and gas, full cost method, property and equipment, after accumulated depletion  800,000 
Other undisclosed noncurrent assets  500 
Total noncurrent assets: 2,000,500 
TOTAL ASSETS:22,000,5023,970
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,846,7411,343,870790,991
Interest and dividends payable   
Employee-related liabilities 1,297,949938,415580,581
Accounts payable101,390106,644103,523
Accrued liabilities447,402298,811106,887
Debt375,925241,925253,450
Derivative instruments and hedges, liabilities   
Other undisclosed current liabilities2,751,1341,995,435482,620
Total current liabilities:4,973,8003,581,2301,527,061
Noncurrent Liabilities
Liabilities, other than long-term debt 1,3841,3841,025
Due to related parties 1,3841,3841,025
Total noncurrent liabilities: 1,3841,3841,025
Total liabilities:4,975,1843,582,6141,528,086
Equity
Equity, attributable to parent, including:(4,973,798)(1,581,228)(1,523,091)
Common stock   
Additional paid in capital12,384,98512,880,98510,734,547
Accumulated deficit(17,374,759)  
Other undisclosed equity, attributable to parent15,976(14,462,213)(12,257,638)
Total equity:(4,973,798)(1,581,228)(1,523,091)
Other undisclosed liabilities and equity (1,384)(1,384)(1,025)
TOTAL LIABILITIES AND EQUITY:22,000,0023,970

Income Statement (P&L) (USD)

11/30/2016
11/30/2014
11/30/2013
11/30/2012
Revenues 132377
Financial services revenue  132377
Gross profit: 132377
Operating expenses(362,654)(420,860)(370,158)
Other undisclosed operating loss  (132)(377)
Operating loss:(362,654)(420,860)(370,158)
Nonoperating income (expense) (2,015)(996)
Loss, foreign currency transaction, before tax  (2,015)(996)
Other nonoperating income   
Interest and debt expense(165,766)(157,245)(115,854)
Income (loss) from continuing operations:(528,420)(580,120)(487,008)
Income (loss) before gain (loss) on sale of properties:(528,420)(580,120)(487,008)
Other undisclosed net income 303,21010,42721,111
Net income (loss):(225,210)(569,693)(465,897)
Other undisclosed net income attributable to parent   
Net income (loss) available to common stockholders, diluted:(225,210)(569,693)(465,897)

Comprehensive Income (USD)

11/30/2016
11/30/2014
11/30/2013
11/30/2012
Net income (loss):(225,210)(569,693)(465,897)
Comprehensive income (loss), net of tax, attributable to parent:(225,210)(569,693)(465,897)

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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