Avangard Capital Group, Inc. (AVGC) Financial Statements (2023 and earlier)

Company Profile

Business Address 2708 COMMERCE WAY SUITE 300
PHILADELPHIA, PA 19154
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 6172 - Finance Lessors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2015
6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments424164
Cash and cash equivalents424164
Receivables7 
Other current assets  3
Other undisclosed current assets 81700
Total current assets:513867
Noncurrent Assets
Property, plant and equipment34
Other undisclosed noncurrent assets 0 
Total noncurrent assets:34
TOTAL ASSETS:516871
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:33
Other undisclosed accounts payable and accrued liabilities33
Due to related parties  
Other liabilities 21 
Total current liabilities:243
Noncurrent Liabilities
Total liabilities:243
Equity
Equity, attributable to parent, including:492868
Preferred stock00
Common stock01
Additional paid in capital1,1081,107
Accumulated other comprehensive income  24
Accumulated deficit(616)(128)
Other undisclosed equity, attributable to parent  (136)
Total equity:492868
TOTAL LIABILITIES AND EQUITY:516871

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

6/30/2015
6/30/2014
6/30/2013
Revenues5371
Net investment income 27 
Other operating income  
Financial services revenue 8471
Other income
Gross profit:5371
Operating expenses(606)(211)
Other undisclosed operating loss  
Operating loss:(553)(140)
Nonoperating income7116
Investment income, nonoperating75
Other nonoperating income6511
Loss from continuing operations:(482)(125)
Loss before gain (loss) on sale of properties:(482)(125)
Net loss:(482)(125)
Other undisclosed net loss attributable to parent(7)(5)
Net loss available to common stockholders, diluted:(488)(129)

Comprehensive Income ($ in thousands)

6/30/2015
6/30/2014
6/30/2013
Net loss:(482)(125)
Comprehensive loss:(482)(125)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (7)20
Comprehensive loss, net of tax, attributable to parent:(488)(105)

Statements Sources

The financial statements are based on the Company's filings with 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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