Recruiter.com Group Inc. (RCRT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
123 FARMINGTON AVENUE, SUITE 252 BRISTOL, CT 06010 |
| 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)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,020 | 947 | 2,584 | 100 | 306 | 214 | |||
| Cash and cash equivalents | 638 | 947 | 2,584 | 100 | 306 | 214 | |||
| Short-term investments | 382 | ||||||||
| Receivables | 406 | 3,190 | 5,674 | 943 | 841 | ||||
| Prepaid expense | 6 | 41 | 175 | 22 | |||||
| Other undisclosed current assets | 616 | 215 | 397 | 210 | 167 | ||||
| Total current assets: | 2,048 | 4,392 | 8,830 | 1,252 | 1,314 | 235 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 141 | 214 | ✕ | ||||||
| Property, plant and equipment | 36 | 61 | 0 | 2 | 3 | 58 | |||
| Intangible assets, net (including goodwill) | 8,402 | 9,680 | 17,461 | 3,517 | 4,950 | 625 | |||
| Goodwill | 7,101 | 7,101 | 7,719 | 3,517 | 3,517 | ||||
| Intangible assets, net (excluding goodwill) | 1,301 | 2,579 | 9,742 | 1,433 | 625 | ||||
| Other undisclosed noncurrent assets | 796 | ||||||||
| Total noncurrent assets: | 8,439 | 9,741 | 17,461 | 4,455 | 5,167 | 683 | |||
| TOTAL ASSETS: | 10,487 | 14,133 | 26,291 | 5,708 | 6,481 | 918 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,467 | 2,481 | 2,508 | 1,259 | 899 | 94 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 20 | 60 | 1 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 82 | 159 | ||||
| Accounts payable | 1,696 | 1,570 | 1,122 | 616 | 621 | ||||
| Accrued liabilities | 771 | 911 | 1,285 | 423 | 276 | 60 | |||
| Other undisclosed accounts payable and accrued liabilities | 34 | ||||||||
| Deferred revenue | 150 | ✕ | |||||||
| Debt | 5,632 | 3,701 | 1,712 | 1,934 | 99 | ||||
| Other liabilities | 82 | 17 | 17 | 14 | |||||
| Due to related parties | ✕ | ✕ | 164 | 780 | 826 | ||||
| Other undisclosed current liabilities | 1,227 | 1,595 | 3,161 | 12,704 | 3,723 | ||||
| Total current liabilities: | 9,557 | 7,795 | 7,563 | 16,691 | 5,547 | 94 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,260 | 2,638 | 141 | 219 | |||||
| Long-term debt, excluding current maturities | 1,260 | 2,638 | 74 | 78 | |||||
| Operating lease, liability | 67 | 141 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | (67) | ||||||||
| Total noncurrent liabilities: | 1,260 | 2,638 | 141 | 219 | |||||
| Total liabilities: | 9,557 | 9,055 | 10,201 | 16,832 | 5,765 | 94 | |||
| Temporary equity, carrying amount | 1,697 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 930 | 5,078 | 16,090 | (11,124) | 715 | (873) | |||
| Common stock | 0 | 2 | 1 | 1 | 0 | 13 | |||
| Common stock, value, subscriptions | 0 | 0 | |||||||
| Additional paid in capital | 77,349 | 74,332 | 66,948 | 23,400 | 18,203 | 5,345 | |||
| Accumulated deficit | (76,419) | (69,256) | (50,860) | (34,525) | (17,488) | (6,231) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | 0 | ||||
| Total equity: | 930 | 5,078 | 16,090 | (11,124) | 715 | (873) | |||
| TOTAL LIABILITIES AND EQUITY: | 10,487 | 14,133 | 26,291 | 5,708 | 6,481 | 918 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,188 | 25,372 | 22,184 | 8,503 | 5,998 | |||
| Gain on disposition of assets for financial service operations | ✕ | |||||||
| Cost of revenue | (2,721) | (16,625) | (14,909) | (6,138) | (4,448) | |||
| Cost of goods and services sold | (179) | (1,364) | (2,082) | |||||
| Gross profit: | 467 | 8,748 | 7,275 | 2,365 | 1,550 | |||
| Operating expenses | (8,203) | (25,480) | (24,220) | (9,103) | (12,054) | (443) | ||
| Operating loss: | (7,736) | (16,732) | (16,945) | (6,738) | (10,504) | (443) | ||
| Nonoperating income (expense) | 2 | 258 | 610 | (10,299) | (1,339) | (29) | ||
| Debt instrument, convertible, beneficial conversion feature | 70 | 866 | ||||||
| Other nonoperating income (expense) | 2 | 258 | (9) | |||||
| Interest and debt expense | (21) | 1,205 | (25) | 376 | (2,344) | 638 | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 25 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (7,756) | (15,269) | (16,335) | (16,661) | (14,188) | 166 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 21 | (1,205) | 16,310 | (376) | 2,344 | (638) | ||
| Loss from continuing operations: | (7,734) | (16,475) | (25) | (17,037) | (11,844) | (472) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (25) | (17,037) | (11,844) | (472) | |
| Income from discontinued operations | 1,074 | |||||||
| Other undisclosed net income (loss) | 32,949 | (16,310) | ||||||
| Net income (loss): | (6,660) | 16,475 | (16,335) | (17,037) | (11,844) | (472) | ||
| Net income attributable to noncontrolling interest | 31 | |||||||
| Other undisclosed net loss attributable to parent | (32,949) | |||||||
| Net loss attributable to parent: | (6,660) | (16,475) | (16,335) | (17,037) | (11,813) | (472) | ||
| Preferred stock dividends and other adjustments | (140) | |||||||
| Other undisclosed net loss available to common stockholders, basic | (36,052) | |||||||
| Net loss available to common stockholders, basic: | (6,660) | (16,475) | (16,335) | (17,037) | (11,953) | (36,524) | ||
| Other undisclosed net loss available to common stockholders, diluted | ||||||||
| Net loss available to common stockholders, diluted: | (6,660) | (16,475) | (16,335) | (17,037) | (11,953) | (36,524) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (6,660) | 16,475 | (16,335) | (17,037) | (11,844) | (472) | ||
| Comprehensive income (loss): | (6,660) | 16,475 | (16,335) | (17,037) | (11,844) | (472) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 31 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,660) | 16,475 | (16,335) | (17,037) | (11,813) | (472) | ||
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.