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)

11/30/2019
TTM
8/31/2019
8/31/2018
8/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments28510
Cash and cash equivalents28510
Prepaid expense  4 
Total current assets:28910
Noncurrent Assets
TOTAL ASSETS:28910
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:98319
Accrued liabilities   2
Interest and dividends payable49452717
Other undisclosed accounts payable and accrued liabilities(40)(36)(25) 
Due to related parties440408  
Other undisclosed current liabilities494527 
Total current liabilities:4984603019
Noncurrent Liabilities
Liabilities, other than long-term debt  330240
Due to related parties  330240
Total noncurrent liabilities:  330240
Total liabilities:498460360259
Stockholders' equity
Stockholders' equity attributable to parent(496)(453)(351)(249)
Common stock2222
Common stock, share subscribed but unissued, subscriptions receivable(9)   
Additional paid in capital298288238239
Accumulated deficit(787)(743)(591)(490)
Total stockholders' equity:(496)(453)(351)(249)
TOTAL LIABILITIES AND EQUITY:28910

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

11/30/2019
TTM
8/31/2019
8/31/2018
8/31/2017
Revenues6  15
Cost of revenue(11)(9) (11)
Gross profit:(5)(9) 3
Operating expenses(138)(134)(91)(95)
Other undisclosed operating income119  
Operating loss:(132)(134)(91)(92)
Nonoperating expense(16)(17)(10)(8)
Interest and debt expense(16)(17)(10)(8)
Loss from continuing operations before equity method investments, income taxes:(164)(169)(110)(107)
Other undisclosed income from continuing operations before income taxes1617108
Loss from continuing operations before income taxes:(148)(152)(101)(99)
Income tax expense (benefit) 2237(36)
Other undisclosed income from continuing operations22   
Net loss:(126)(130)(64)(136)
Other undisclosed net income (loss) attributable to parent(22)(22)(37)36
Net loss available to common stockholders, diluted:(148)(152)(101)(99)

Comprehensive Income ($ in thousands)

11/30/2019
TTM
8/31/2019
8/31/2018
8/31/2017
Net loss:(126)(130)(64)(136)
Comprehensive loss, net of tax, attributable to parent:(126)(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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