SITO Mobile, Ltd. (SITOQ) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
100 TOWN SQUARE PLACE JERSEY CITY, NJ 07310 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,597 | 3,611 | 8,745 | 2,004 | 620 | 1,147 | |||
| Cash and cash equivalents | 2,597 | 3,611 | 8,745 | 2,004 | 620 | 1,147 | |||
| Receivables | 10,207 | 13,006 | 8,842 | 4,265 | 2,443 | ||||
| Prepaid expense | 469 | 374 | 229 | 313 | 82 | 1,082 | |||
| Disposal group, including discontinued operation | 11 | ||||||||
| Asset, held-for-sale, not part of disposal group | 871 | ✕ | ✕ | ||||||
| Other undisclosed current assets | 152 | 1,498 | |||||||
| Total current assets: | 13,273 | 17,002 | 18,687 | 6,582 | 3,297 | 3,727 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 344 | 450 | 411 | 610 | 237 | 239 | |||
| Long-term investments and receivables | 225 | 450 | |||||||
| Accounts and financing receivable, after allowance for credit loss | 225 | 450 | |||||||
| Intangible assets, net (including goodwill) | 9,601 | 3,930 | 831 | ||||||
| Goodwill | 6,444 | 3,483 | |||||||
| Intangible assets, net (excluding goodwill) | 3,157 | 447 | 831 | ||||||
| Prepaid expense | 82 | ||||||||
| Deposits noncurrent assets | 84 | 113 | 65 | ||||||
| Deferred costs | 93 | ||||||||
| Other noncurrent assets | 8,948 | 9,933 | 11,048 | ||||||
| Other undisclosed noncurrent assets | 1,403 | 2,079 | 1,580 | ||||||
| Total noncurrent assets: | 9,291 | 10,382 | 11,459 | 12,016 | 6,810 | 2,797 | |||
| TOTAL ASSETS: | 22,564 | 27,385 | 30,145 | 18,599 | 10,107 | 6,523 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 8,988 | 16,418 | 5,365 | 3,437 | 797 | 209 | |||
| Employee-related liabilities | 289 | 126 | |||||||
| Accounts payable | 4,378 | 6,507 | 3,184 | 2,339 | |||||
| Accrued liabilities | 4,610 | 9,912 | 2,181 | 809 | 671 | 209 | |||
| Debt | 4 | 3 | 2,900 | 3,591 | 17 | 16 | |||
| Derivative instruments and hedges, liabilities | 175 | ||||||||
| Disposal group, including discontinued operation | 211 | 607 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 245 | ||||||
| Due to related parties | 253 | 599 | |||||||
| Other undisclosed current liabilities | 264 | 1,539 | 307 | 6,025 | 4,703 | ||||
| Total current liabilities: | 9,431 | 18,171 | 9,118 | 7,588 | 7,437 | 4,929 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8 | 3,956 | 5,697 | 13 | 911 | ||||
| Long-term debt, excluding current maturities | 3,953 | 5,690 | 881 | ||||||
| Capital lease obligations | ✕ | 8 | 3 | 7 | 13 | 29 | |||
| Other undisclosed noncurrent liabilities | 4 | (441) | |||||||
| Total noncurrent liabilities: | 8 | 4 | 3,956 | 5,697 | 13 | 470 | |||
| Total liabilities: | 9,438 | 18,175 | 13,074 | 13,285 | 7,450 | 5,399 | |||
| Equity | |||||||||
| Equity, attributable to parent | 13,126 | 9,213 | 17,072 | 5,314 | 2,657 | 1,124 | |||
| Common stock | 26 | 22 | 21 | 17 | 151 | 137 | |||
| Additional paid in capital | 185,984 | 165,009 | 157,830 | 144,234 | 136,916 | 130,886 | |||
| Accumulated deficit | (172,883) | (155,818) | (140,779) | (138,938) | (134,410) | (129,899) | |||
| Other undisclosed equity | (4) | ||||||||
| Total equity: | 13,126 | 9,209 | 17,072 | 5,314 | 2,657 | 1,124 | |||
| TOTAL LIABILITIES AND EQUITY: | 22,564 | 27,385 | 30,145 | 18,599 | 10,107 | 6,523 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 39,746 | 42,990 | 29,427 | 15,809 | 9,872 | 7,785 | ||
| Revenue, net | ✕ | ✕ | 42,990 | 29,427 | 15,809 | 9,872 | 7,785 | |
| Cost of revenue | (21,344) | (22,242) | (13,292) | (6,358) | (3,254) | (3,227) | ||
| Cost of goods and services sold | 177 | 439 | (3,254) | (3,227) | ||||
| Gross profit: | 18,402 | 20,748 | 16,135 | 9,452 | 6,618 | 4,557 | ||
| Operating expenses | (36,871) | (35,189) | (17,566) | (12,253) | (13,633) | (11,763) | ||
| Operating loss: | (18,469) | (14,441) | (1,432) | (2,801) | (7,015) | (7,206) | ||
| Nonoperating income (expense) | (1,296) | 1,530 | 0 | |||||
| Investment income, nonoperating | (1,296) | 0 | ||||||
| Debt instrument, convertible, beneficial conversion feature | 1,530 | |||||||
| Interest and debt expense | (374) | (1,738) | (2,796) | (749) | (1,271) | |||
| Loss from continuing operations before equity method investments, income taxes: | (18,469) | (16,112) | (3,170) | (4,067) | (7,764) | (8,477) | ||
| Other undisclosed income from continuing operations before income taxes | 1,485 | |||||||
| Loss from continuing operations before income taxes: | (16,983) | (16,112) | (3,170) | (4,067) | (7,764) | (8,477) | ||
| Income tax expense (benefit) | (82) | 81 | (114) | |||||
| Other undisclosed income from continuing operations | 1,361 | |||||||
| Loss from continuing operations: | (17,066) | (14,670) | (3,284) | (4,067) | (7,764) | (8,477) | ||
| Loss before gain (loss) on sale of properties: | (17,066) | (15,039) | (1,404) | (4,067) | (7,764) | (8,477) | ||
| Income (loss) from discontinued operations | (369) | 1,880 | ||||||
| Net loss: | (17,066) | (15,039) | (1,404) | (4,067) | (7,764) | (8,477) | ||
| Other undisclosed net income (loss) attributable to parent | (461) | 3,254 | 3,227 | |||||
| Net loss available to common stockholders, diluted: | (17,066) | (15,039) | (1,404) | (4,528) | (4,511) | (5,250) | ||
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (17,066) | (15,039) | (1,404) | (4,067) | (7,764) | (8,477) | ||
| Comprehensive loss, net of tax, attributable to parent: | (17,066) | (15,039) | (1,404) | (4,067) | (7,764) | (8,477) | ||
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.