Alberton Acquisition Corporation (ALAC) financial statements (2022 and earlier)

Company profile

Business Address ROOMS 1001-1002, 10/F, CAPITAL CENTER
WANCHAI, 00000
State of Incorp.
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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12477452
Cash and cash equivalents12477452
Prepaid expense  814
Total current assets:12485466
Noncurrent Assets
Assets held-in-trust14,86915,365119,045115,324
Total noncurrent assets:14,86915,365119,045115,324
TOTAL ASSETS:14,87015,367119,531115,790
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2711811410
Other undisclosed accounts payable and accrued liabilities2711811410
Debt3,1242,0101,649 
Due to related parties9254023002
Other undisclosed current liabilities1,0801,080 300
Total current liabilities:5,4003,6741,962312
Noncurrent Liabilities
Liabilities, other than long-term debt, including:4,0214,0214,0214,021
Deferred compensation liability, classified4,0214,021  
Other undisclosed liabilities, other than long-term debt  4,0214,021
Other undisclosed noncurrent liabilities411523  
Total noncurrent liabilities:4,4324,5434,0214,021
Total liabilities:9,8328,2175,9834,333
Temporary equity, carrying amount14,86915,365108,548106,457
Stockholders' equity
Stockholders' equity attributable to parent(9,830)(8,215)5,0005,000
Common stock  2,5684,658
Retained earnings (accumulated deficit)(9,830)(8,215)2,432342
Total stockholders' equity:(9,830)(8,215)5,0005,000
TOTAL LIABILITIES AND EQUITY:14,87015,367119,531115,790

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Operating expenses(728)(546)(484) 
Operating loss:(728)(546)(484) 
Nonoperating income
(Other Nonoperating income)
1135712,574 
Net income (loss) attributable to parent:(615)252,090 
Preferred stock dividends and other adjustments2,2512,210(2,346) 
Net income (loss) available to common stockholders, diluted:1,6362,235(256) 

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(615)252,090 
Comprehensive income (loss), net of tax, attributable to parent:(615)252,090 

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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