Azar International Corp. (AZIC) financial statements (2022 and earlier)

Company profile

Business Address CARRETERA TURISTICA, LUPERON, 12TH KM
PUERTO PLATA, 57000
State of Incorp. NV
Fiscal Year End August 31
SIC 47 - Transportation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

11/30/2021
TTM
8/31/2021
8/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 528
Cash and cash equivalents 528
Total current assets: 528
Noncurrent Assets
Property, plant and equipment 00
Intangible assets, net (including goodwill) 23
Intangible assets, net (excluding goodwill) 23
Other undisclosed noncurrent assets 0 
Total noncurrent assets: 24
Other undisclosed assets (0) 
TOTAL ASSETS: 731
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 2 
Accounts payable 2 
Debt  8
Due to related parties 12 
Total current liabilities: 138
Noncurrent Liabilities
Total liabilities: 138
Stockholders' equity
Stockholders' equity attributable to parent, including: (6)24
Common stock 44
Additional paid in capital 2626
Accumulated deficit (36)(6)
Other undisclosed stockholders' equity attributable to parent  0
Total stockholders' equity: (6)24
TOTAL LIABILITIES AND EQUITY: 731

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

11/30/2021
TTM
8/31/2021
8/31/2020
Revenues 44
Cost of revenue (1)(1)
Cost of goods and services sold  (1)
Gross profit: 33
Operating expenses (34)9
Other undisclosed operating loss  (6)
Operating income (loss): (31)6
Nonoperating expense (32) 
Income (loss) from continuing operations before income taxes: (63)6
Income tax benefit  1
Net income (loss): (63)8
Other undisclosed net income (loss) attributable to parent 34(13)
Net loss available to common stockholders, diluted: (30)(5)

Comprehensive Income ($ in thousands)

11/30/2021
TTM
8/31/2021
8/31/2020
Net income (loss): (63)8
Comprehensive income (loss), net of tax, attributable to parent: (63)8

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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