Franklin Credit Management Corp (FCRM) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
101 HUDSON STREET, 25TH FLOOR JERSEY CITY, NJ 07302 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6159 - Miscellaneous business Credit Institutions (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 1,306 | 585 | ||
| Cash and cash equivalents | 1,306 | 585 | ||
| Total current assets: | 1,306 | 585 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 409 | 535 | ||
| Long-term investments and receivables | 327 | 750 | ||
| Long-term investments | 327 | 750 | ||
| Total noncurrent assets: | 736 | 1,285 | ||
| Other undisclosed assets | 18,462 | 18,403 | ||
| TOTAL ASSETS: | 20,504 | 20,274 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Noncurrent Liabilities | ||||
| Other undisclosed liabilities | 13,387 | 11,636 | ||
| Total liabilities: | 13,387 | 11,636 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | 5,717 | 8,637 | ||
| Preferred stock | 1,400 | |||
| Common stock | 100 | 100 | ||
| Additional paid in capital | 8,404 | 8,404 | ||
| Retained earnings (accumulated deficit) | (2,788) | 133 | ||
| Other undisclosed stockholders' equity attributable to parent | (1,400) | |||
| Other undisclosed stockholders' equity | 1,400 | |||
| Total stockholders' equity: | 7,117 | 8,637 | ||
| TOTAL LIABILITIES AND EQUITY: | 20,504 | 20,274 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Revenues | 10,371 | 10,161 | |
| Financial services revenue | 9,888 | 9,420 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,920) | (1,882) | |
| Gross profit: | 8,451 | 8,279 | |
| Operating expenses | (43) | (11,914) | |
| Other undisclosed operating income | 6,735 | ||
| Operating income: | 8,408 | 3,100 | |
| Interest and debt expense | (30) | (15) | |
| Income from continuing operations before equity method investments, income taxes: | 8,377 | 3,085 | |
| Other undisclosed loss from continuing operations before income taxes | (11,286) | (6,221) | |
| Loss from continuing operations before income taxes: | (2,908) | (3,135) | |
| Income tax benefit | 49 | ||
| Net loss attributable to parent: | (2,908) | (3,087) | |
| Preferred stock dividends and other adjustments | (12) | ||
| Net loss available to common stockholders, diluted: | (2,921) | (3,087) | |
Comprehensive Income ($ in thousands)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Net loss: | (2,908) | (3,087) | |
| Comprehensive loss, net of tax, attributable to parent: | (2,908) | (3,087) | |
Statements Sources
The financial statements are based on the Company's filings with 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.