ABCO Energy, Inc (ABCE) financial statements (2020 and earlier)

Company profile

Business Address 2100 NORTH WILMOT #211
TUCSON, AZ 85712
State of Incorp. NV
Fiscal Year End December 31
SIC 17 - Construction Special Trade Contractors (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments113685134025
Cash and cash equivalents113685134025
Receivables70105474339165
Inventory, net of allowances, customer advances and progress billings625438475149
Inventory625438475149
Costs in excess of billings 60252 
Other undisclosed current assets127184 152  
Total current assets:37141190315383239
Noncurrent Assets
Property, plant and equipment313722304358
Other noncurrent assets9     
Other undisclosed noncurrent assets (23)(8)(16)(25)(37)
Total noncurrent assets:401314141821
Other undisclosed assets 3722304358
TOTAL ASSETS:411461126358443317
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:534550  411393
Other undisclosed accounts payable and accrued liabilities534550  411393
Debt8896155438
Derivative instruments and hedges, liabilities 75    
Due to related parties195170  7060
Other liabilities215190    
Other undisclosed current liabilities    112 
Total current liabilities:95399196155596492
Noncurrent Liabilities
Long-term debt and lease obligation13191,2301,248  
Long-term debt, excluding current maturities13191,2301,248  
Other undisclosed noncurrent liabilities    517
Total noncurrent liabilities:13191,2301,248517
Other undisclosed liabilities394189(96)(155)  
Total liabilities:1,3591,1991,2301,248602508
Stockholders' equity
Stockholders' equity attributable to parent, including:(948)(738)(1,104)(889)(159)(191)
Preferred stock30 15   
Common stock6332125273124
Additional paid in capital4,8524,3803,0403,0241,8271,588
Accumulated deficit(5,893)(5,180)(4,540)(3,940)(2,017)(1,802)
Other undisclosed stockholders' equity attributable to parent 31256   
Total stockholders' equity:(948)(738)(1,104)(889)(159)(191)
TOTAL LIABILITIES AND EQUITY:411461126358443317

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,3062,8671,4478071,8891,316
Cost of revenue(1,515)(2,040)(1,152)(865)(1,311)(1,081)
Gross profit:791827295(58)578234
Operating expenses(948)(1,017)(834)(746)(733)(838)
Operating loss:(156)(190)(539)(804)(155)(604)
Nonoperating expense(931)(451)(61)(1,119)  
Interest and debt expense(742)(371)(110)(425)(60)(34)
Other undisclosed income from continuing operations before equity method investments, income taxes742371110425  
Net loss available to common stockholders, diluted:(1,087)(640)(600)(1,923)(215)(637)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(1,087)(640)(600)(1,923)(215)(637)
Comprehensive loss, net of tax, attributable to parent:(1,087)(640)(600)(1,923)(215)(637)

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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