REDtone Asia, Inc. (RTAS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
UNIT 15 A,E,F , SANHE PLAZA JINGAN DISTRICT, SHANGHAI, PR, 200042 |
| State of Incorp. | NV |
| Fiscal Year End | May 31 |
| Industry (SIC) | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 7/31/2016 Q1 | 4/30/2016 Q4 | 2/29/2016 Q3 | 11/30/2015 Q2 | 8/31/2015 Q1 | 5/31/2015 Q4 | 2/28/2015 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 345 | 4,304 | 4,642 | 4,826 | 5,063 | 4,991 | |||
| Cash and cash equivalent | 345 | 4,304 | 4,642 | 4,826 | 5,063 | 4,991 | |||
| Receivables | 4,145 | 1,429 | 920 | 4,196 | 4,477 | 6,243 | |||
| Inventory, net of allowances, customer advances and progress billings | 4 | 4 | 4 | 4 | 51 | ||||
| Inventory | 4 | 4 | 4 | 4 | 51 | ||||
| Deposits current assets | 458 | 293 | |||||||
| Other undisclosed current assets | 788 | (3,702) | (3,582) | (3,303) | |||||
| Total current assets: | 5,278 | 5,737 | 5,566 | 5,782 | 6,254 | 7,982 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,015 | 3,488 | 3,558 | 3,631 | 3,803 | 1,287 | |||
| Intangible assets, net (including goodwill) | 1,610 | 1,633 | 2,069 | 2,103 | 2,154 | 1,834 | |||
| Goodwill | 377 | 377 | 377 | ||||||
| Intangible assets, net (excluding goodwill) | 1,610 | 1,633 | 1,692 | 1,726 | 1,777 | 1,834 | |||
| Other noncurrent assets | 1,723 | ||||||||
| Total noncurrent assets: | 2,624 | 5,121 | 5,627 | 5,734 | 5,958 | 4,843 | |||
| TOTAL ASSETS: | 7,902 | 10,858 | 11,193 | 11,516 | 12,212 | 12,825 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,128 | 1,265 | 1,072 | 1,156 | 1,782 | 2,169 | |||
| Taxes payable | 972 | 701 | 686 | 725 | 656 | 627 | |||
| Accounts payable | 776 | 274 | 55 | 105 | 781 | 1,246 | |||
| Accrued liabilities | 379 | 290 | 330 | 326 | 344 | 296 | |||
| Deferred revenue and credits | 1,146 | 1,272 | 1,255 | 1,176 | 794 | 1,679 | |||
| Due to related parties | 2,001 | 1,943 | 1,881 | 1,883 | 2,034 | 154 | |||
| Other undisclosed current liabilities | 450 | 559 | 495 | 561 | 539 | 737 | |||
| Total current liabilities: | 5,725 | 5,038 | 4,702 | 4,776 | 5,149 | 4,740 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | (5) | (5) | |||||||
| Deferred tax liabilities, net | (5) | (5) | |||||||
| Other undisclosed noncurrent liabilities | (5) | ||||||||
| Total noncurrent liabilities: | (5) | (5) | (5) | ||||||
| Other undisclosed liabilities | |||||||||
| Total liabilities: | 5,725 | 5,034 | 4,698 | 4,772 | 5,149 | 4,740 | |||
| Commitments and contingencies | 2,786 | ||||||||
| Temporary equity, including noncontrolling interest | (2,786) | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 4,606 | 6,322 | 6,848 | 7,107 | 7,443 | 7,968 | |||
| Common stock | 28 | 28 | 28 | 28 | 28 | ||||
| Additional paid in capital | 7,727 | 7,727 | 7,727 | 7,727 | 7,727 | 7,727 | |||
| Accumulated other comprehensive income | 532 | 444 | 575 | 646 | 837 | 859 | |||
| Retained earnings (accumulated deficit) | (446) | 1,347 | 1,760 | 1,950 | 2,141 | 2,657 | |||
| Other undisclosed equity, attributable to parent | (3,235) | (3,224) | (3,242) | (3,244) | (3,289) | (3,275) | |||
| Equity, attributable to noncontrolling interest | (2,429) | (498) | (352) | (363) | (381) | 117 | |||
| Total equity: | 2,177 | 5,825 | 6,496 | 6,744 | 7,062 | 8,085 | |||
| TOTAL LIABILITIES AND EQUITY: | 7,902 | 10,858 | 11,193 | 11,516 | 12,212 | 12,825 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 7/31/2016 Q1 | 4/30/2016 Q4 | 2/29/2016 Q3 | 11/30/2015 Q2 | 8/31/2015 Q1 | 5/31/2015 Q4 | 2/28/2015 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 586 | 1,364 | 1,293 | 1,858 | 2,326 | 1,536 | ||
| Cost of revenue (Cost of Product and Service Sold) | (736) | (894) | (934) | (1,432) | (2,049) | (1,267) | ||
| Gross profit: | (150) | 470 | 358 | 426 | 277 | 269 | ||
| Operating expenses | (2,952) | (719) | (267) | (271) | (2,210) | (261) | ||
| Operating income (loss): | (3,102) | (249) | 91 | 155 | (1,933) | 7 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (3,102) | (249) | 91 | 155 | (1,933) | 7 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (200) | (326) | (282) | (239) | 1,168 | (364) | ||
| Loss from continuing operations before income taxes: | (3,302) | (575) | (191) | (83) | (765) | (356) | ||
| Income tax expense (benefit) | (454) | 3 | 11 | (100) | (56) | (19) | ||
| Loss from continuing operations: | (3,756) | (572) | (180) | (183) | (821) | (376) | ||
| Loss before gain (loss) on sale of properties: | (3,756) | (572) | (180) | (183) | (821) | (376) | ||
| Other undisclosed net income (loss) | 1,963 | 159 | (10) | (8) | 893 | |||
| Net income (loss): | (1,793) | (413) | (190) | (191) | 72 | (376) | ||
| Net income (loss) attributable to noncontrolling interest | 399 | (21) | ||||||
| Other undisclosed net income (loss) attributable to parent | (1,963) | (159) | 10 | 8 | (1,339) | 41 | ||
| Net loss available to common stockholders, diluted: | (3,756) | (572) | (180) | (183) | (868) | (355) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 7/31/2016 Q1 | 4/30/2016 Q4 | 2/29/2016 Q3 | 11/30/2015 Q2 | 8/31/2015 Q1 | 5/31/2015 Q4 | 2/28/2015 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,793) | (413) | (190) | (191) | 72 | (376) | ||
| Other comprehensive income (loss) | 121 | (117) | (72) | (180) | ||||
| Other undisclosed comprehensive income (loss) | (122) | 343 | ||||||
| Comprehensive loss: | (1,672) | (530) | (262) | (371) | (50) | (33) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 33 | 13 | 10 | 355 | (0) | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (33) | (13) | (10) | (840) | (355) | |||
| Comprehensive loss, net of tax, attributable to parent: | (1,672) | (530) | (262) | (371) | (535) | (388) | ||
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.