Emergent Capital, Inc. (EMGC) financial statements (2022 and earlier)

Company profile

Business Address 5355 TOWN CENTER ROAD
BOCA RATON, FL 33486
State of Incorp. FL
Fiscal Year End November 30
SIC 6311 - Life Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

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

11/30/2019
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:162,13231,26711,31820,34154,91722,699
Cash and cash equivalents24,28318,1312,24612,94651,16614,722
Short-term investments137,849     
Other undisclosed cash, cash equivalents, and short-term investments 13,1369,0727,3953,7517,977
Restricted cash and investments511 6,0252,501  
Total current assets:162,64331,26717,34322,84254,91722,699
Noncurrent Assets
Property, plant and equipment1814523232235574
Long-term investments and receivables  2,3842,3842,3842,378
Long-term investments  2,3842,3842,3842,378
Total noncurrent assets:181452,6162,7062,7392,452
Other undisclosed assets3,051602,978505,859484,309402,275322,952
TOTAL ASSETS:165,712634,390525,818509,857459,931348,103
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities123,599437,748352,944289,500244,828154,681
Total liabilities:123,599437,748352,944289,500244,828154,681
Stockholders' equity
Stockholders' equity attributable to parent, including:42,113196,642172,874220,357215,103193,422
Treasury stock, value(2,534)(2,534)(2,534)(2,534)  
Additional paid in capital334,576333,629307,647305,450266,705239,506
Accumulated deficit(291,513)(136,038)(132,529)(82,840)(51,816)(46,296)
Other undisclosed stockholders' equity attributable to parent1,5841,585290281214212
Total stockholders' equity:42,113196,642172,874220,357215,103193,422
TOTAL LIABILITIES AND EQUITY:165,712634,390525,818509,857459,931348,103

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

11/30/2019
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues41,52551,8731,11546,89143,81689,078
Other income2,261322251 
Cost of revenue(13,898)(39,316)(28,095)(85,990)(22,786)(24,802)
Gross profit:27,62712,557(26,980)(39,099)21,03064,276
Operating expenses(7,002)(15,795)(22,449) (26,056)(12,414)
Operating income (loss):20,625(3,238)(49,429)(39,099)(5,026)51,862
Interest and debt expense(11,220)(34,815)(29,439)(27,286)(16,245)(17,648)
Other undisclosed income from continuing operations before equity method investments, income taxes11,22034,81529,43927,28616,24517,648
Income (loss) from continuing operations before income taxes:20,625(3,238)(49,429)(39,099)(5,026)51,862
Income tax expense (benefit)(3,766)  8,719(125)(39)
Income (loss) from continuing operations:16,859(3,238)(49,429)(30,380)(5,151)51,823
Income (loss) from discontinued operations(2,363)(271)(260)(644)(369)13,509
Net income (loss) available to common stockholders, diluted:14,496(3,509)(49,689)(31,024)(5,520)65,332

Comprehensive Income ($ in thousands)

11/30/2019
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):14,496(3,509)(49,689)(31,024)(5,520)65,332
Comprehensive income (loss):14,496(3,509)(49,689)(31,024)(5,520)65,332
Other undisclosed comprehensive income, net of tax, attributable to parent     3
Comprehensive income (loss), net of tax, attributable to parent:14,496(3,509)(49,689)(31,024)(5,520)65,335

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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