Franchise Holdings International Inc (FNHI) financial statements (2021 and earlier)

Company profile

Business Address 3120 RUTHERFORD RD
VAUGHAN, ON L4K OB2
State of Incorp. NV
Fiscal Year End December 31
SIC 3714 - Motor Vehicle Parts and Accessories (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 122567 14156
Cash and cash equivalents 122567 14156
Receivables 68621908910526
Inventory, net of allowances, customer advances and progress billings 113290457912989
Inventory 113290457912989
Prepaid expense      215
Advances on inventory purchases 50 20   
Other undisclosed current assets 111243921165(209)
Total current assets: 254501713284253277
Noncurrent Assets
Operating lease, right-of-use asset 60
Property, plant and equipment 9544433939 
Long-term investments and receivables 16     
Long-term investments 16     
Intangible assets, net (including goodwill) 57131313118
Intangible assets, net (excluding goodwill) 57131313118
Prepaid expense   136   
Regulated entity, other noncurrent assets    (3)  
Other undisclosed noncurrent assets    3  
Total noncurrent assets: 2285719353508
TOTAL ASSETS: 481557905337303285
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 969402231340248286
Taxes payable 37825556
Other undisclosed accounts payable and accrued liabilities 932319226335244281
Debt 29028727618541 
Derivative instruments and hedges, liabilities    705  
Other undisclosed current liabilities 659227756
Total current liabilities: 1,3257815341,238294292
Noncurrent Liabilities
Long-term debt and lease obligation 39     
Operating lease, liability 39
Other undisclosed noncurrent liabilities    1045 
Total noncurrent liabilities: 39  1045 
Total liabilities: 1,3647815341,342299292
Stockholders' equity
Stockholders' equity attributable to parent, including: (883)(224)372(1,005)4(7)
Preferred stock  10    
Common stock 42127  
Common stock, share subscribed but unissued, subscriptions receivable (2)     
Common stock, value, subscriptions  211(9)(18) 
Additional paid in capital 8,3818,1047,4654,190  
Accumulated deficit (10,769)(10,354)(8,591)(5,188)(4,052)(564)
Other undisclosed stockholders' equity attributable to parent 1,5032,0131,475(4)4,073557
Total stockholders' equity: (883)(224)372(1,005)4(7)
TOTAL LIABILITIES AND EQUITY: 481557905337303285

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 1,926482409361652593
Revenue, net409361652593
Cost of revenue (1,688)(385)(232)(334)(3,296)(450)
Cost of goods and services sold (1,688)(385)(232)(334)(533)(435)
Other undisclosed gross profit  0  2,76415
Gross profit: 2399717727119158
Operating expenses (832)(1,308)(1,957)(389)(311)(187)
Operating loss: (593)(1,211)(1,780)(362)(192)(29)
Nonoperating income (expense) 179(552)(1,623)(774)(22)(8)
Foreign currency transaction gain (loss), before tax 28   (22)(8)
Other nonoperating expense  (0)(1,623)(774)  
Interest and debt expense 251(496)(931)(124)  
Net loss: (164)(2,259)(4,334)(1,260)(214)(37)
Other undisclosed net income (loss) attributable to parent (251)496931124(3,274)(442)
Net loss available to common stockholders, diluted: (415)(1,763)(3,403)(1,136)(3,488)(479)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss: (164)(2,259)(4,334)(1,260)(214)(37)
Other comprehensive loss   (3,444)(1,134)(3,523)(448)
Comprehensive loss: (164)(2,259)(7,778)(2,394)(3,736)(485)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (256)537    
Comprehensive loss, net of tax, attributable to parent: (420)(1,722)(7,778)(2,394)(3,736)(485)

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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