BorrowMoney.com inc. (BWMY) financial statements (2020 and earlier)

Company profile

Business Address 512 BAYSHORE DRIVE FORT
LAUDERDALE, FL 33304
State of Incorp. FL
Fiscal Year End August 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

5/31/2019
TTM
8/31/2018
8/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 510
Cash and cash equivalents 510
Prepaid expense 4 
Total current assets: 910
Noncurrent Assets
TOTAL ASSETS: 910
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 319
Accrued liabilities  2
Interest and dividends payable 2717
Other undisclosed accounts payable and accrued liabilities (25) 
Other undisclosed current liabilities 27 
Total current liabilities: 3019
Noncurrent Liabilities
Liabilities, other than long-term debt 330240
Due to related parties 330240
Total noncurrent liabilities: 330240
Total liabilities: 360259
Stockholders' equity
Stockholders' equity attributable to parent (351)(249)
Common stock 22
Additional paid in capital 238239
Accumulated deficit (591)(490)
Total stockholders' equity: (351)(249)
TOTAL LIABILITIES AND EQUITY: 910

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

5/31/2019
TTM
8/31/2018
8/31/2017
Revenues  15
Cost of revenue  (11)
Gross profit:  3
Operating expenses (91)(95)
Operating loss: (91)(92)
Nonoperating expense (10)(8)
Interest and debt expense (10)(8)
Loss from continuing operations before equity method investments, income taxes: (110)(107)
Other undisclosed income from continuing operations before income taxes 108
Loss from continuing operations before income taxes: (101)(99)
Income tax expense (benefit) 37(36)
Net loss: (64)(136)
Other undisclosed net income (loss) attributable to parent (37)36
Net loss available to common stockholders, diluted: (101)(99)

Comprehensive Income ($ in thousands)

5/31/2019
TTM
8/31/2018
8/31/2017
Net loss: (64)(136)
Comprehensive loss, net of tax, attributable to parent: (64)(136)

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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