BorrowMoney.com inc. (BWMY) financial statements (2021 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)

11/30/2020
TTM
8/31/2020
8/31/2019
8/31/2018
8/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments488510
Cash and cash equivalents488510
Prepaid expense   4 
Total current assets:488910
Noncurrent Assets
TOTAL ASSETS:488910
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:10228319
Accrued liabilities    2
Interest and dividends payable 82452717
Other undisclosed accounts payable and accrued liabilities10(60)(36)(25) 
Debt11    
Due to related parties587492408  
Other undisclosed current liabilities(173)824527 
Total current liabilities:4345954603019
Noncurrent Liabilities
Liabilities, other than long-term debt   330240
Due to related parties   330240
Other undisclosed noncurrent liabilities187    
Total noncurrent liabilities:187  330240
Total liabilities:621595460360259
Stockholders' equity
Stockholders' equity attributable to parent, including:(617)(588)(453)(351)(249)
Common stock22222
Common stock, share subscribed but unissued, subscriptions receivable(1)    
Additional paid in capital298294288238239
Accumulated deficit(918)(888)(743)(591)(490)
Other undisclosed stockholders' equity attributable to parent24   
Other undisclosed stockholders' equity 0   
Total stockholders' equity:(617)(588)(453)(351)(249)
TOTAL LIABILITIES AND EQUITY:488910

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

11/30/2020
TTM
8/31/2020
8/31/2019
8/31/2018
8/31/2017
Revenues72  15
Cost of revenue(2) (9) (11)
Other undisclosed gross profit6    
Gross profit:112(9) 3
Operating expenses(86)(106)(134)(91)(95)
Other undisclosed operating income (loss)(4) 9  
Operating loss:(79)(104)(134)(91)(92)
Nonoperating expense(22)(37)(17)(10)(8)
Interest and debt expense(45)(37)(17)(10)(8)
Loss from continuing operations before equity method investments, income taxes:(145)(178)(169)(110)(107)
Other undisclosed income from continuing operations before income taxes173717108
Loss from continuing operations before income taxes:(129)(141)(152)(101)(99)
Income tax expense (benefit)  2237(36)
Net loss:(129)(141)(130)(64)(136)
Other undisclosed net income (loss) attributable to parent  (22)(37)36
Net loss available to common stockholders, diluted:(129)(141)(152)(101)(99)

Comprehensive Income ($ in thousands)

11/30/2020
TTM
8/31/2020
8/31/2019
8/31/2018
8/31/2017
Net loss:(129)(141)(130)(64)(136)
Comprehensive loss, net of tax, attributable to parent:(129)(141)(130)(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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