Franklin Credit Management Corp (FCRM) financial statements (2020 and earlier)

Company profile

Business Address 101 HUDSON STREET, 25TH FLOOR
JERSEY CITY, NJ 07302
State of Incorp. DE
Fiscal Year End December 31
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 investments1,306585
Cash and cash equivalents1,306585
Total current assets:1,306585
Noncurrent Assets
Property, plant and equipment409535
Long-term investments and receivables327750
Long-term investments327750
Total noncurrent assets:7361,285
Other undisclosed assets18,46218,403
TOTAL ASSETS:20,50420,274
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities13,38711,636
Total liabilities:13,38711,636
Stockholders' equity
Stockholders' equity attributable to parent, including:5,7178,637
Preferred stock1,400 
Common stock100100
Additional paid in capital8,4048,404
Retained earnings (accumulated deficit)(2,788)133
Other undisclosed stockholders' equity attributable to parent(1,400) 
Other undisclosed stockholders' equity1,400 
Total stockholders' equity:7,1178,637
TOTAL LIABILITIES AND EQUITY:20,50420,274

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

12/31/2013
12/31/2012
Revenues10,37110,161
Financial services revenue9,8889,420
Cost of revenue
(Cost of Goods and Services Sold)
(1,920)(1,882)
Gross profit:8,4518,279
Operating expenses(43)(11,914)
Other undisclosed operating income 6,735
Operating income:8,4083,100
Interest and debt expense(30)(15)
Income from continuing operations before equity method investments, income taxes:8,3773,085
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 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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