CARDCONNECT CORP. (CCN) financial statements (2020 and earlier)

Company profile

Business Address 1000 CONTINENTAL DRIVE, SUITE 300
KING OF PRUSSIA, PA 19406
State of Incorp. DE
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2016
10/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments90
Cash and cash equivalents90
Receivables28 
Inventory, net of allowances, customer advances and progress billings2 
Inventory2 
Prepaid expense40
Other current assets2 
Other undisclosed current assets17 
Total current assets:630
Noncurrent Assets
Property, plant and equipment6 
Long-term investments and receivables0 
Due from related parties0 
Intangible assets, net (including goodwill)96 
Goodwill40 
Intangible assets, net (excluding goodwill)56 
Assets held-in-trust 100
Restricted cash and investments2 
Other noncurrent assets1 
Other undisclosed noncurrent assets0 
Total noncurrent assets:105100
TOTAL ASSETS:168100
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities22 
Accounts payable4 
Accrued liabilities3 
Settlement liabilities15 
Debt9 
Deferred revenue and credits2 
Other undisclosed current liabilities6 
Total current liabilities:38 
Noncurrent Liabilities
Long-term debt and lease obligation128 
Long-term debt, excluding current maturities128 
Liabilities, other than long-term debt30
Deferred compensation liability, classified 0
Deferred tax liabilities, net3 
Other undisclosed noncurrent liabilities2 
Total noncurrent liabilities:1330
Other undisclosed liabilities 5
Total liabilities:1715
Temporary equity, carrying amount3790
Stockholders' equity
Stockholders' equity attributable to parent(40)5
Common stock00
Additional paid in capital35
Accumulated deficit(43)(0)
Total stockholders' equity:(40)5
TOTAL LIABILITIES AND EQUITY:168100

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

12/31/2016
10/31/2015
Revenues589 
Cost of revenue
(Cost of Goods and Services Sold)
(524) 
Gross profit:66 
Operating expenses(601)(0)
Other undisclosed operating income524 
Operating loss:(12)(0)
Nonoperating income (expense)(5)0
Investment income, nonoperating 0
Interest and debt expense(5) 
Loss from continuing operations before equity method investments, income taxes:(23)(0)
Other undisclosed income from continuing operations before income taxes5 
Loss from continuing operations before income taxes:(18)(0)
Income tax benefit1 
Net loss:(16)(0)
Other undisclosed net loss attributable to parent (0)
Net loss attributable to parent:(16)(0)
Preferred stock dividends and other adjustments(2) 
Net loss available to common stockholders, diluted:(18)(0)

Comprehensive Income ($ in millions)

12/31/2016
10/31/2015
Net loss:(16)(0)
Comprehensive loss, net of tax, attributable to parent:(16)(0)

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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