Argentum 47, Inc. (ARGQ) financial statements (2020 and earlier)

Company profile

Business Address OFFICE 3305, JUMEIRAH BAY TOWER X3
DUBAI, 340100
State of Incorp. NV
Fiscal Year End December 31
SIC 8742 - Management Consulting Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2041,6532,03467421949
Cash and cash equivalents 194567421949
Short-term investments2041,4592,029    
Receivables7143122 33
Prepaid expense 453686634
Disposal group, including discontinued operation547      
Other current assets 57989452
Other undisclosed current assets(212)    116
Total current assets:5471,6752,07813313748543
Noncurrent Assets
Operating lease, right-of-use asset76
Property, plant and equipment4521020308
Intangible assets, net (including goodwill)453476    
Goodwill143143     
Intangible assets, net (excluding goodwill)310333     
Other undisclosed noncurrent assets  03,0852,65035
Total noncurrent assets:53248123,0962,6713313
TOTAL ASSETS:1,0802,1562,0803,2282,80781556
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:9514927638837311439
Accounts payable 636483   
Accrued liabilities  5 517 
Employee-related liabilities 162  153354 
Taxes payable  3    
Interest and dividends payable95112204305305658 
Other undisclosed accounts payable and accrued liabilities (188)  (135)(905)39
Debt 2613411205635201,645
Derivative instruments and hedges, liabilities     302 
Due to related parties 170239543615957
Deferred revenue and credits 200839462247
Other liabilities1,128      
Other undisclosed current liabilities(95)1,8705151,0531471,019(336)
Total current liabilities:1,1282,4501,3711,8152,2842,4761,653
Noncurrent Liabilities
Long-term debt and lease obligation1,045    68324
Long-term debt, excluding current maturities982    68324
Operating lease, liability62
Other undisclosed noncurrent liabilities64284   360 
Total noncurrent liabilities:1,109284   427324
Total liabilities:2,2372,7341,3711,8152,2842,9031,977
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,158)(578)7091,414523(3,842)(2,441)
Preferred stock   45 1,0201,020
Common stock5915265263747763631
Additional paid in capital11,43210,1889,8698,1976,9343,4732,658
Accumulated other comprehensive income (loss)(6)141,182  1 
Accumulated deficit(13,223)(11,353)(10,914)(7,203)(7,187)(7,435)(5,213)
Other undisclosed stockholders' equity attributable to parent484847  (937)(937)
Total stockholders' equity:(1,158)(578)7091,414523(3,842)(2,441)
Other undisclosed liabilities and equity     1,0201,020
TOTAL LIABILITIES AND EQUITY:1,0802,1562,0803,2282,80781556

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenue, net 1,5113,313730 
Gross profit:1121442251,5113,313515174
Operating expenses(731)(1,303)(1,451)(1,323)(1,870)(1,392)(2,366)
Operating income (loss):(619)(1,159)(1,227)1881,443(877)(2,191)
Nonoperating expense(1,216)(461)(2,433)(204)(1,196)(1,343)(154)
Other nonoperating expense (461)(2,482)(204)(1,196)(1,345)(154)
Interest and debt expense3243(113)(83)661(586)(148)
Income (loss) from continuing operations before equity method investments, income taxes:(1,832)(1,377)(3,773)(99)908(2,807)(2,493)
Other undisclosed income (loss) from continuing operations before income taxes (243)64    
Income (loss) from continuing operations before income taxes:(1,832)(1,620)(3,708)(99)908(2,807)(2,493)
Income tax expense  (3)    
Net income (loss):(1,832)(1,620)(3,711)(99)908(2,807)(2,493)
Other undisclosed net income (loss) attributable to parent(38)  83(661)584148
Net income (loss) available to common stockholders, diluted:(1,870)(1,620)(3,711)(16)247(2,222)(2,345)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(1,832)(1,620)(3,711)(99)908(2,807)(2,493)
Other comprehensive income 13   1 
Comprehensive income (loss):(1,832)(1,607)(3,711)(99)908(2,806)(2,493)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(57) 1,18283(662)584148
Comprehensive income (loss), net of tax, attributable to parent:(1,889)(1,607)(2,529)(16)246(2,221)(2,345)

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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