Cuentas, Inc. (CUEN) financial statements (2023 and earlier)

Company profile

Business Address 235 LINCOLN ROAD
MIAMI BEACH, FL 33139
State of Incorp.
Fiscal Year End December 31
SIC 514 - Groceries And Related Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 2301723393256 
Cash and cash equivalents 2271615493256 
Short-term investments 3179   
Receivables 54543,6737,65946 
Disposal group, including discontinued operation     226 
Deposits current assets     25 
Other current assets 1294127   
Other undisclosed current assets    1834896
Total current assets: 2961654,0337,93560196
Noncurrent Assets
Property, plant and equipment 4513553
Intangible assets, net (including goodwill) 7,2009,0001,9244,269  
Goodwill    1,334  
Intangible assets, net (excluding goodwill) 7,2009,0001,9242,936  
Other undisclosed noncurrent assets    286113 
Total noncurrent assets: 7,2049,0051,9374,5601183
TOTAL ASSETS: 7,5009,1705,97012,49571999
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 2,3541,5253,1847,0301,33116
Accounts payable 2,3541,5253,1845,068851 
Accrued liabilities    70013410
Employee-related liabilities    329136341
Interest and dividends payable    41210 
Settlement liabilities    892  
Other undisclosed accounts payable and accrued liabilities      (336)
Deferred revenue 652537
Debt 931091101461,151226
Deferred compensation liability 1027422252,963  
Derivative instruments and hedges, liabilities  3 5741,2101,875
Due to related parties 365104,9193,0333,156 
Disposal group, including discontinued operation     2,437 
Deferred revenue and credits686  
Deferred tax liabilities (1,087)  
Customer advances and deposits 716 
Other liabilities 2,1957412,560   
Other undisclosed current liabilities 7192505831,666323352
Total current liabilities: 6,4803,91711,58115,01110,3242,469
Noncurrent Liabilities
Liabilities, other than long-term debt   8392,656  
Due to related parties   8062,536  
Other liabilities    120  
Derivative instruments and hedges, liabilities   33   
Other undisclosed noncurrent liabilities 89     
Total noncurrent liabilities: 89 8392,656  
Total liabilities: 6,5693,91712,42017,66610,3242,469
Stockholders' equity
Stockholders' equity attributable to parent, including: 9315,871(5,798)(4,542)(6,448)(2,370)
Preferred stock      60
Common stock 115234224918
Common stock, share subscribed but unissued, subscriptions receivable    400  
Common stock, value, subscriptions   100   
Additional paid in capital 28,41125,24612,1609,2146,7921,681
Accumulated other comprehensive loss    (300)  
Accumulated deficit (27,491)(19,390)(18,070)(14,208)(13,499)(4,128)
Other undisclosed stockholders' equity attributable to parent  10101010 
Stockholders' equity attributable to noncontrolling interest  (618)(652)(630)(3,157) 
Total stockholders' equity: 9315,253(6,450)(5,172)(9,605)(2,370)
TOTAL LIABILITIES AND EQUITY: 7,5009,1705,97012,49571999

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
9/30/2015
Revenues 55896774,65053,7931,0285
Revenue, net52,7731,011 
Revenue from related parties   49,667
Cost of revenue (697)(808)(74,177)(51,399)(1,059)(15)
Cost of goods and services sold (697)(808) (51,399)(1,059) 
Gross profit: (139)1594732,394(31)(10)
Operating expenses (7,640)(2,305)(5,686)(3,956)(7,847)(469)
Operating loss: (7,779)(2,146)(5,213)(1,562)(7,877)(479)
Nonoperating income (expense) 2968601,62878(535)(1,346)
Other nonoperating income (expense) 982,4821,62878(535)(1,346)
Interest and debt expense (108)(1,092)(10)880(1,555)(211)
Other undisclosed income from continuing operations before equity method investments, income taxes      211
Loss from continuing operations before equity method investments, income taxes: (7,591)(2,378)(3,595)(603)(9,967)(1,825)
Other undisclosed income (loss) from continuing operations before income taxes   10(1,208)(75) 
Loss from continuing operations before income taxes: (7,591)(2,378)(3,585)(1,812)(10,041)(1,825)
Income tax benefit    1,087  
Loss before gain (loss) on sale of properties: (7,591)(2,378)(3,585)(725)(10,041)(1,825)
Other undisclosed net income 1081,092 16  
Net loss: (7,483)(1,286)(3,585)(708)(10,041)(1,825)
Net income (loss) attributable to noncontrolling interest (618)(34)23   
Other undisclosed net income (loss) attributable to parent    (16)599 
Net loss available to common stockholders, diluted: (8,101)(1,320)(3,562)(725)(9,442)(1,825)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
9/30/2015
Net loss: (7,483)(1,286)(3,585)(708)(10,041)(1,825)
Other undisclosed comprehensive income   300   
Comprehensive loss: (7,483)(1,286)(3,285)(708)(10,041)(1,825)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (618)(34)2316  
Comprehensive loss, net of tax, attributable to parent: (8,101)(1,320)(3,262)(692)(10,041)(1,825)

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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