Acro Biomedical Co., Ltd. (ACBM) financial statements (2020 and earlier)

Company profile

Business Address 12175 VISIONARY WAY
FISHERS, IN 46038
State of Incorp. NV
Fiscal Year End September 30
SIC 79 - Amusement And Recreation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11373
Cash and cash equivalents11373
Inventory, net of allowances, customer advances and progress billings1,0601,147481 
Inventory1,0601,147481 
Prepaid expense333031 
Deposits current assets5   
Total current assets:1,0691,4785483
Noncurrent Assets
Other undisclosed noncurrent assets 5  
Total noncurrent assets: 5  
TOTAL ASSETS:1,0691,4835483
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:18717
Taxes payable 92  
Other undisclosed accounts payable and accrued liabilities18(85)17
Due to related parties621413610
Other undisclosed current liabilities11692  
Total current liabilities:1962413717
Noncurrent Liabilities
Total liabilities:1962413717
Stockholders' equity
Stockholders' equity attributable to parent8741,242511(15)
Common stock48484816
Additional paid in capital87186955861
Retained earnings (accumulated deficit)(45)325(94)(92)
Total stockholders' equity:8741,242511(15)
TOTAL LIABILITIES AND EQUITY:1,0691,4835483

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

9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues1,3548,015510 
Cost of revenue(1,219)(7,181)(459) 
Gross profit:13583351 
Operating expenses(577)(318)(53)(43)
Other undisclosed operating income   87
Operating income (loss):(442)516(2)43
Nonoperating expense(2)(4)  
Interest and debt expense(2)(4)  
Other undisclosed income from continuing operations before equity method investments, income taxes24  
Income (loss) from continuing operations before income taxes:(444)512(2)43
Income tax expense (benefit)73(92)  
Net income (loss):(371)420(2)43
Other undisclosed net loss attributable to parent   (87)
Net income (loss) available to common stockholders, diluted:(371)420(2)(43)

Comprehensive Income ($ in thousands)

9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net income (loss):(371)420(2)43
Comprehensive income (loss), net of tax, attributable to parent:(371)420(2)43

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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