Datasea Inc. (DTSS) financial statements (2022 and earlier)
Company profile
| Business Address |
1 XINGHUO RD, CHANGNING BLDG, STE.11D2E BEIJING, 100070 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,241 | 50 | 1,066 | 6,073 | 1,031 | 1,175 | 12 | ||
| Cash and cash equivalents | 2,241 | 50 | 1,066 | 6,073 | 1,031 | 1,175 | 12 | ||
| Receivables | 1,154 | 570 | 524 | 0 | |||||
| Inventory, net of allowances, customer advances and progress billings | 211 | 194 | 105 | 73 | 76 | 101 | |||
| Inventory | 211 | 194 | 105 | 73 | 76 | 101 | |||
| Prepaid expense | 79 | 47 | |||||||
| Intangible current assets | 205 | ||||||||
| Other current assets | 19 | 29 | 25 | 7 | 7 | 37 | |||
| Other undisclosed current assets | 5,221 | 72 | 2,127 | 81 | 121 | 87 | 287 | ||
| Total current assets: | 9,129 | 886 | 3,899 | 6,252 | 1,235 | 1,371 | 336 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 962 | 1,351 | 703 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 249 | 309 | 291 | 41 | 55 | 59 | 103 | ||
| Long-term investments and receivables | 63 | ||||||||
| Long-term investments | 63 | ||||||||
| Intangible assets, net (including goodwill) | 1,195 | 1,092 | 21 | 556 | 14 | 14 | 12 | ||
| Intangible assets, net (excluding goodwill) | 1,195 | 1,092 | 21 | 556 | 14 | 14 | 12 | ||
| Deposits noncurrent assets | 275 | 257 | |||||||
| Deferred costs | 73 | ||||||||
| Other undisclosed noncurrent assets | 600 | ||||||||
| Total noncurrent assets: | 2,745 | 3,009 | 1,015 | 1,197 | 142 | 73 | 115 | ||
| TOTAL ASSETS: | 11,874 | 3,895 | 4,913 | 7,449 | 1,377 | 1,444 | 451 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,809 | 907 | 322 | 169 | 129 | 50 | 249 | ||
| Accounts payable | 503 | 562 | 19 | ||||||
| Accrued liabilities | 5,022 | 175 | 47 | 13 | 14 | 13 | 198 | ||
| Employee-related liabilities | 284 | 170 | 275 | 156 | 116 | 36 | 32 | ||
| Deferred revenue | 47 | 46 | 21 | 1,319 | ✕ | ✕ | ✕ | ||
| Debt | 1,487 | 87 | |||||||
| Due to related parties | 57 | 69 | |||||||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 31 | 15 | |||
| Other liabilities | 353 | 269 | |||||||
| Other undisclosed current liabilities | 307 | 481 | 347 | 109 | 62 | 805 | 186 | ||
| Total current liabilities: | 6,573 | 3,259 | 689 | 1,683 | 191 | 885 | 450 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 80 | 688 | |||||||
| Operating lease, liability | 80 | 688 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 229 | 399 | (1,035) | ||||||
| Total noncurrent liabilities: | 229 | 559 | 341 | ||||||
| Total liabilities: | 6,802 | 3,817 | 1,031 | 1,683 | 191 | 885 | 450 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 5,569 | 320 | 3,882 | 5,765 | 1,186 | 559 | 1 | ||
| Common stock | 24 | 21 | 21 | 21 | 19 | 57 | 55 | ||
| Additional paid in capital | 20,382 | 12,087 | 11,105 | 11,105 | 5,121 | 2,965 | 1,279 | ||
| Accumulated other comprehensive income (loss) | 343 | 273 | 170 | 190 | 171 | 58 | (6) | ||
| Accumulated deficit | (15,180) | (12,062) | (7,413) | (5,550) | (4,125) | (2,521) | (1,328) | ||
| Stockholders' equity attributable to noncontrolling interest | (498) | (242) | |||||||
| Total stockholders' equity: | 5,072 | 78 | 3,882 | 5,765 | 1,186 | 559 | 1 | ||
| TOTAL LIABILITIES AND EQUITY: | 11,874 | 3,895 | 4,913 | 7,449 | 1,377 | 1,444 | 451 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,660 | 175 | 1,415 | 11 | 141 | |||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 141 | |||
| Cost of revenue | (9,367) | (81) | (146) | (5) | (85) | |||
| Cost of goods and services sold | (9,342) | (81) | (146) | (5) | (85) | |||
| Other undisclosed gross profit | 33 | |||||||
| Gross profit: | 326 | 94 | 1,268 | 6 | 55 | |||
| Operating expenses | (6,745) | (4,955) | (3,173) | (1,499) | (1,667) | (1,309) | (1,122) | |
| Operating loss: | (6,419) | (4,861) | (1,905) | (1,499) | (1,661) | (1,254) | (1,122) | |
| Nonoperating income (expense) | 26 | (23) | 47 | (2) | ||||
| Other nonoperating expense | (8) | (26) | (2) | (2) | ||||
| Interest and debt expense | (28) | (200) | (0) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (6,394) | (4,913) | (2,058) | (1,501) | (1,662) | (1,254) | (1,122) | |
| Other undisclosed income from continuing operations before income taxes | 28 | 200 | 2 | 0 | ||||
| Loss from continuing operations before income taxes: | (6,394) | (4,884) | (1,858) | (1,499) | (1,661) | (1,254) | (1,122) | |
| Income tax expense | (5) | |||||||
| Other undisclosed loss from continuing operations | (3) | |||||||
| Loss before gain (loss) on sale of properties: | (6,394) | (4,884) | (1,863) | (1,499) | (1,661) | (1,254) | (1,125) | |
| Other undisclosed net income | 57 | |||||||
| Net loss: | (6,336) | (4,884) | (1,863) | (1,499) | (1,661) | (1,254) | (1,125) | |
| Net income attributable to noncontrolling interest | 458 | 236 | ||||||
| Other undisclosed net income (loss) attributable to parent | (57) | 74 | 57 | 60 | ||||
| Net loss attributable to parent: | (5,936) | (4,648) | (1,863) | (1,425) | (1,604) | (1,193) | (1,125) | |
| Other undisclosed net income available to common stockholders, basic | 9,287 | 9,288 | ||||||
| Net income (loss) available to common stockholders, diluted: | 3,351 | 4,640 | (1,863) | (1,425) | (1,604) | (1,193) | (1,125) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (6,336) | (4,884) | (1,863) | (1,499) | (1,661) | (1,254) | (1,125) | |
| Other comprehensive income (loss) | (1,406) | (1,491) | (1,130) | 1,131 | ||||
| Comprehensive income (loss): | (6,336) | (4,884) | (1,863) | (2,905) | (3,152) | (2,383) | 6 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 460 | 242 | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | 97 | (20) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,876) | (4,545) | (1,883) | (2,905) | (3,152) | (2,383) | 6 | |
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.