Sundance Strategies Inc (SUND) financial statements (2021 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments187291937425336
Cash and cash equivalents187291937425336
Prepaid expense    522
Other undisclosed current assets1225    
Total current assets:199316937927338
Noncurrent Assets
Other noncurrent assets      3,596
Other undisclosed noncurrent assets     29,82222,772
Total noncurrent assets:     29,82226,368
Other undisclosed assets   534,156  
TOTAL ASSETS:19931694234,16529,84926,707
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities923482307307508352437
Accounts payable676482307163508352255
Accrued liabilities123  145  182
Interest and dividends payable124      
Debt      1,327
Due to related parties826  830  1,500
Other undisclosed current liabilities276400400  750 
Total current liabilities:2,0258827071,1375081,1023,264
Noncurrent Liabilities
Long-term debt and lease obligation    700700 
Long-term debt, excluding current maturities    700700 
Liabilities, other than long-term debt508   6,7284,012 
Accounts payable and accrued liabilities508   754192 
Deferred tax liabilities, net  759  
Due to related parties    5,2153,820 
Other undisclosed noncurrent liabilities1,9162,8751,912    
Total noncurrent liabilities:2,4242,8751,912 7,4284,712 
Total liabilities:4,4493,7572,6191,1377,9365,8143,264
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,250)(3,726)(2,613)(195)26,22924,03523,443
Common stock40383844444443
Additional paid in capital24,72924,19124,19124,54724,54724,36416,317
Retained earnings (accumulated deficit)(29,018)(27,955)(26,842)(24,786)1,638(374)(458)
Other undisclosed stockholders' equity attributable to parent      7,540
Total stockholders' equity:(4,250)(3,726)(2,613)(195)26,22924,03523,443
TOTAL LIABILITIES AND EQUITY:19931694234,16529,84926,707

Income statement (P&L) ($ in thousands)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenues
(Net Investment Income)
    5,7523,9092,454
Cost of revenue380(110)(850)(471)(100)  
Financing interest expense380(110)(850)(471)
Financial services costs (100)  
Gross profit:380(110)(850)(471)5,6523,9092,454
Operating expenses(531)(70)(92)(1,569)(2,490)(3,597)(2,338)
Other undisclosed operating income (loss)(469)(648)(153)(1,466)100  
Operating income (loss):(620)(828)(1,095)(3,506)3,262312116
Nonoperating income (expense)144(284)(961)(23,678)(491)(228)(263)
Interest and debt expense(195)(174)(94)(257)(391)(233)(287)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(62)  257391233287
Income (loss) from continuing operations before equity method investments, income taxes:(732)(1,287)(2,150)(27,184)2,77184(147)
Other undisclosed income from continuing operations before income taxes25617494    
Income (loss) from continuing operations before income taxes:(476)(1,113)(2,056)(27,184)2,77184(147)
Income tax expense (benefit)   759(759)  
Net income (loss) available to common stockholders, diluted:(476)(1,113)(2,056)(26,425)2,01284(147)

Comprehensive Income ($ in thousands)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net income (loss):(476)(1,113)(2,056)(26,425)2,01284(147)
Comprehensive income (loss), net of tax, attributable to parent:(476)(1,113)(2,056)(26,425)2,01284(147)

Statements sources

The financial statements are based on the company's filings with the 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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