Sundance Strategies, Inc. (SUND) Financial Statements (2025 and earlier)

Company Profile

Business Address 4626 NORTH 300 WEST, SUITE 365
PROVO, UT 84604
State of Incorp. NV
Fiscal Year End March 31
Industry (SIC) 6411 - Insurance Agents, Brokers, and Service (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2024
MRQ
3/31/2024
12/31/2023
MRQ
3/31/2023
3/31/2022
3/31/2021
3/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments329,860556,240553267,96621,17928,784
Cash and cash equivalents329,860556,240553267,96621,17928,784
Other undisclosed current assets9,07512,6308,2958,1679,3932,205
Total current assets:338,935568,8708,848276,13330,57230,989
Noncurrent Assets
TOTAL ASSETS:338,935568,8708,848276,13330,57230,989
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities881,063914,2251,327,6081,059,4021,233,343481,716
Interest and dividends payable124,225124,225 
Accounts payable447,862463,066753,050580,972893,675481,716
Accrued liabilities433,201451,159574,558354,205215,443 
Debt    300,000  
Due to related parties 876,000826,000 
Other undisclosed current liabilities750,000750,0001,576,000275,775275,775400,000
Total current liabilities:1,631,0631,664,2252,903,6082,511,1772,335,118881,716
Noncurrent Liabilities
Long-term debt and lease obligation   2,281,463   
Long-term debt, excluding current maturities   2,281,463   
Liabilities, other than long-term debt1,357,7391,277,615857,6852,791,823495,708 
Accounts payable and accrued liabilities1,357,7391,277,615857,685666,015495,708 
Due to related parties 2,125,808  
Other undisclosed noncurrent liabilities3,290,0583,199,560  1,915,8082,875,462
Total noncurrent liabilities:4,647,7974,477,1753,139,1482,791,8232,411,5162,875,462
Total liabilities:6,278,8606,141,4006,042,7565,303,0004,746,6343,757,178
Equity
Equity, attributable to parent(5,939,925)(5,572,530)(6,033,908)(5,026,867)(4,716,062)(3,726,189)
Common stock42,25942,25941,40941,40940,10937,829
Additional paid in capital30,914,68230,349,32528,986,55827,181,61824,728,63824,191,224
Accumulated deficit(36,896,866)(35,964,114)(35,061,875)(32,249,894)(29,484,809)(27,955,242)
Total equity:(5,939,925)(5,572,530)(6,033,908)(5,026,867)(4,716,062)(3,726,189)
TOTAL LIABILITIES AND EQUITY:338,935568,8708,848276,13330,57230,989

Income Statement (P&L) (USD)

9/30/2024
TTM
3/31/2024
12/31/2023
TTM
3/31/2023
3/31/2022
3/31/2021
3/31/2020
Gross profit:(135,000)(61,239)(54,000)(197,761)(422,751)(110,000)
Operating expenses(44,000)(291,540)(57,000)(75,000)(75,000)(70,000)
Other undisclosed operating income (loss)(352,406)(136,652)(571,283)(417,948)(410,227)(648,446)
Operating loss:(531,406)(489,431)(682,283)(690,709)(907,978)(828,446)
Nonoperating expense(1,303,585)(2,642,547)(2,129,698)(2,070,227)(621,589)(284,388)
Interest and debt expense(1,047,729)(2,158,253)(1,745,808)(1,869,971)26,458(174,388)
Loss from continuing operations before equity method investments, income taxes:(2,882,720)(5,290,231)(4,557,789)(4,630,907)(1,503,109)(1,287,222)
Other undisclosed income (loss) from continuing operations before income taxes1,047,7292,158,2531,745,8081,869,971(26,458)174,388
Loss from continuing operations before income taxes:(1,834,991)(3,131,978)(2,811,981)(2,760,936)(1,529,567)(1,112,834)
Income tax expense    (4,149)  
Other undisclosed income from continuing operations  4,149    
Loss from continuing operations:(1,834,991)(3,127,829)(2,811,981)(2,765,085)(1,529,567)(1,112,834)
Loss before gain (loss) on sale of properties:(2,765,085)(1,529,567)(1,112,834)
Net loss available to common stockholders, diluted:(1,834,991)(3,127,829)(2,811,981)(2,765,085)(1,529,567)(1,112,834)

Comprehensive Income (USD)

9/30/2024
TTM
3/31/2024
12/31/2023
TTM
3/31/2023
3/31/2022
3/31/2021
3/31/2020
Net loss:(1,834,991)(3,127,829)(2,811,981)(2,765,085)(1,529,567)(1,112,834)
Comprehensive loss, net of tax, attributable to parent:(1,834,991)(3,127,829)(2,811,981)(2,765,085)(1,529,567)(1,112,834)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: