Wellness Center USA, Inc. (WCUI) Financial Statements (2024 and earlier)

Company Profile

Business Address 2500 WEST HIGGINS ROAD, STE. 780
HOFFMAN ESTATES, IL 60169
State of Incorp. NV
Fiscal Year End September 30
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

6/30/2022
MRQ
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 32515342989
Cash and cash equivalents 32515342989
Receivables     25 
Inventory, net of allowances, customer advances and progress billings 5095 (12)1279
Inventory 5095 (12)1279
Other undisclosed current assets  15514229
Total current assets: 82146108668198
Noncurrent Assets
Property, plant and equipment   23516
Other noncurrent assets  7 171717
Total noncurrent assets:  72192233
TOTAL ASSETS: 821531102590230
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 624408794573203648
Settlement liabilities 673     
Employee-related liabilities 7692    
Other undisclosed accounts payable and accrued liabilities (124)316794573203648
Debt  369 2031099
Deferred revenue and credits55 
Due to related parties 2,0551,16539966 251
Contract with customer, liability9
Other undisclosed current liabilities 749403  1377
Total current liabilities: 3,4282,3461,194850381985
Noncurrent Liabilities
Long-term debt and lease obligation  37    
Long-term debt, excluding current maturities  37    
Total noncurrent liabilities:  37    
Total liabilities: 3,4282,3831,194850381985
Equity
Equity, attributable to parent, including: (3,008)(2,411)(1,477)(424)27(560)
Common stock 1241181071019075
Common stock, share subscribed but unissued, subscriptions receivable      (442)
Additional paid in capital 25,25825,05423,77822,45019,06916,465
Accumulated deficit (28,390)(27,583)(25,362)(22,975)(19,133)(17,542)
Other undisclosed equity, attributable to parent      885
Equity, attributable to noncontrolling interest (339)182393(402)(317)(195)
Total equity: (3,346)(2,230)(1,084)(825)(290)(755)
TOTAL LIABILITIES AND EQUITY: 821531102590230

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

6/30/2022
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues 240533214273481
Revenue, net273481
Cost of revenue
(Cost of Goods and Services Sold)
 (229) (20)(80)(147)(190)
Gross profit: 11513134126292
Operating expenses (1,239)(1,927)(1,780)(2,226)(2,129)(2,487)
Operating loss: (1,228)(1,922)(1,767)(2,093)(2,003)(2,196)
Nonoperating income (expense) (99)(581)(279)(1,401)185(273)
Investment income, nonoperating    (318)(50)3
Other nonoperating expense      (276)
Interest and debt expense (97)13(182)(892)(51) 
Loss from continuing operations before equity method investments, income taxes: (1,424)(2,489)(2,228)(4,385)(1,869)(2,468)
Other undisclosed income from continuing operations before income taxes    89251 
Loss from continuing operations: (1,424)(2,489)(2,228)(3,493)(1,818)(2,468)
Loss before gain (loss) on sale of properties:(1,424)(2,489)(2,228)(3,493)(1,713)(2,468)
Income from discontinued operations     105 
Other undisclosed net income (loss) 97(13)182  (3)
Net loss: (1,327)(2,502)(2,046)(3,493)(1,713)(2,471)
Net income (loss) attributable to noncontrolling interest 5212816484122(120)
Other undisclosed net income (loss) attributable to parent   (405)  120
Net loss attributable to parent: (806)(2,221)(2,388)(3,409)(1,591)(2,471)
Other undisclosed net loss available to common stockholders, basic    (433)  
Net loss available to common stockholders, diluted: (806)(2,221)(2,388)(3,842)(1,591)(2,471)

Comprehensive Income ($ in thousands)

6/30/2022
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net loss: (1,327)(2,502)(2,046)(3,493)(1,713)(2,471)
Comprehensive loss: (1,327)(2,502)(2,046)(3,493)(1,713)(2,471)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 5212816484122(120)
Comprehensive loss, net of tax, attributable to parent: (806)(2,221)(1,982)(3,409)(1,591)(2,591)

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: