ABCO Energy, Inc (ABCE) financial statements (2021 and earlier)

Company profile

Business Address 2505 N. ALVERNON WAY
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)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 13685134025
Cash and cash equivalents 13685134025
Receivables 30105474339165
Inventory, net of allowances, customer advances and progress billings  5438475149
Inventory  5438475149
Costs in excess of billings 60252 
Other current assets 90     
Other undisclosed current assets 244184 152  
Total current assets: 37641190315383239
Noncurrent Assets
Property, plant and equipment 3553722304358
Other noncurrent assets 9     
Other undisclosed noncurrent assets  (23)(8)(16)(25)(37)
Total noncurrent assets: 3641314141821
Other undisclosed assets  3722304358
TOTAL ASSETS: 741461126358443317
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 584550  411393
Other undisclosed accounts payable and accrued liabilities 584550  411393
Debt 455896155438
Derivative instruments and hedges, liabilities  75    
Due to related parties 341170  7060
Other liabilities 473190    
Other undisclosed current liabilities     112 
Total current liabilities: 1,85299196155596492
Noncurrent Liabilities
Long-term debt and lease obligation 300191,2301,248  
Long-term debt, excluding current maturities 300191,2301,248  
Other undisclosed noncurrent liabilities     517
Total noncurrent liabilities: 300191,2301,248517
Other undisclosed liabilities 82189(96)(155)  
Total liabilities: 2,2341,1991,2301,248602508
Stockholders' equity
Stockholders' equity attributable to parent, including: (1,494)(738)(1,104)(889)(159)(191)
Preferred stock 30 15   
Common stock 15132125273124
Additional paid in capital 4,8874,3803,0403,0241,8271,588
Accumulated deficit (6,562)(5,180)(4,540)(3,940)(2,017)(1,802)
Other undisclosed stockholders' equity attributable to parent  31256   
Total stockholders' equity: (1,494)(738)(1,104)(889)(159)(191)
TOTAL LIABILITIES AND EQUITY: 741461126358443317

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 2,3522,8671,4478071,8891,316
Cost of revenue (1,701)(2,040)(1,152)(865)(1,311)(1,081)
Gross profit: 651827295(58)578234
Operating expenses (1,113)(1,017)(834)(746)(733)(838)
Operating loss: (463)(190)(539)(804)(155)(604)
Nonoperating expense (918)(451)(61)(1,119)  
Interest and debt expense (245)(371)(110)(425)(60)(34)
Other undisclosed income from continuing operations before equity method investments, income taxes 245371110425  
Net loss available to common stockholders, diluted: (1,381)(640)(600)(1,923)(215)(637)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss: (1,381)(640)(600)(1,923)(215)(637)
Comprehensive loss, net of tax, attributable to parent: (1,381)(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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