Jingbo Technology, Inc. (SVMB) Financial Statements (2024 and earlier)

Company Profile

Business Address BUILDING B8, CHINA ZHIGU, YINHU STREET
HANGZHOU, ZHEJIANG, 310000
State of Incorp. NV
Fiscal Year End February 29
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

8/31/2024
MRQ
2/29/2024
11/30/2023
MRQ
5/31/2023
5/31/2022
5/31/2021
5/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14261484 1 
Cash and cash equivalents14261484 1 
Restricted cash and investments6110   
Receivables1,299328343   
Inventory, net of allowances, customer advances and progress billings204207177   
Inventory204207177   
Prepaid expense4352,6732,0220  
Other undisclosed current assets2,16913882   
Total current assets:4,2563,4083,11801 
Noncurrent Assets
Operating lease, right-of-use asset86123277   
Property, plant and equipment6,0016,2306,582   
Intangible assets, net (including goodwill)141416   
Intangible assets, net (excluding goodwill)141416   
Other noncurrent assets2,5102,6462,884   
Total noncurrent assets:8,6119,0139,759   
TOTAL ASSETS:12,86712,42112,87701 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,0151,4451,114812 
Accounts payable643901775   
Accrued liabilities371544339   
Other undisclosed accounts payable and accrued liabilities    812 
Deferred revenue      
Debt2,0871,815363   
Customer refund liability973     
Other liabilities 4025115210  
Due to related parties  30 
Other undisclosed current liabilities24,1595,9971,904   
Total current liabilities:28,6369,7683,902842 
Noncurrent Liabilities
Liabilities, other than long-term debt1526122   
Operating lease, liability1526122   
Other undisclosed noncurrent liabilities2,91829,11932,741   
Total noncurrent liabilities:2,93329,14532,862   
Total liabilities:31,56938,91236,764842 
Equity
Equity, attributable to parent(17,666)(25,417)(22,871)(8)(41) 
Common stock51,0621,062626262
Additional paid in capital9,5318,4748,474191114114
Accumulated other comprehensive income2,109412344   
Accumulated deficit(29,311)(35,365)(32,751)(261)(218)(176)
Equity, attributable to noncontrolling interest(1,036)(1,075)(1,017)   
Total equity:(18,702)(26,492)(23,888)(8)(41) 
TOTAL LIABILITIES AND EQUITY:12,86712,42112,87701 

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

8/31/2024
TTM
2/29/2024
11/30/2023
TTM
5/31/2023
5/31/2022
5/31/2021
5/31/2020
Revenues1,5843,0243,723 10 
Cost of revenue(2,122)(3,195)(4,132) (3) 
Gross profit:(538)(171)(409) 7 
Operating expenses(4,570)(5,791)(6,281)(43)(48) 
Operating loss:(5,109)(5,962)(6,691)(43)(41) 
Nonoperating income (expense)(373)60(93)   
Other nonoperating income (expense)(347)69(93)   
Interest and debt expense(27)(1,110)(1,300)   
Other undisclosed loss from continuing operations before equity method investments, income taxes  (1,300)    
Loss from continuing operations before equity method investments, income taxes:(5,509)(8,312)(8,083)(43)(41) 
Other undisclosed income from continuing operations before income taxes272,4101,30086  
Income (loss) from continuing operations before income taxes:(5,482)(5,902)(6,783)43(41) 
Income tax expense (0)(0)   
Income (loss) from continuing operations:(5,482)(5,902)(6,784)43(41) 
Income (loss) before gain (loss) on sale of properties:43(41) 
Other undisclosed net loss  (9)    
Net income (loss):(5,482)(5,911)(6,784)43(41) 
Net loss attributable to noncontrolling interest(186)(496)(388)   
Other undisclosed net income (loss) attributable to parent372913776(86)  
Net loss available to common stockholders, diluted:(5,296)(5,493)(6,395)(43)(41) 

Comprehensive Income ($ in thousands)

8/31/2024
TTM
2/29/2024
11/30/2023
TTM
5/31/2023
5/31/2022
5/31/2021
5/31/2020
Net income (loss):(5,482)(5,911)(6,784)43(41) 
Other undisclosed comprehensive income (loss)7364781,330   
Comprehensive income (loss):(4,746)(5,433)(5,454)43(41) 
Comprehensive income (loss), net of tax, attributable to noncontrolling interest194(365)(390)   
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (4,403)780   
Comprehensive income (loss), net of tax, attributable to parent:(4,552)(10,201)(5,064)43(41) 

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.

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