Jacobs Financial Group Inc (JFGI) financial statements (2021 and earlier)
Company profile
| Business Address |
300 SUMMERS STREET, SUITE 970 CHARLESTON, WV 25301 |
| State of Incorp. | DE |
| Fiscal Year End | May 31 |
| SIC | 6351 - Surety Insurance (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 5/31/2017 | 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 36,517 | 9,185 | 8,488 | 971 | 1,570 | ||
| Cash and cash equivalents | 548 | 466 | 704 | 670 | 315 | ||
| Short-term investments | 35,969 | 8,719 | 7,784 | 301 | 1,255 | ||
| Funds held for clients | (2,068) | (2,352) | (2,065) | ||||
| Total current assets: | 36,517 | 7,116 | 6,136 | (1,094) | 1,570 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 37 | 1 | 2 | 5 | 12 | ||
| Intangible assets, net (including goodwill) | 150 | 150 | 150 | 150 | 150 | ||
| Intangible assets, net (excluding goodwill) | 150 | 150 | 150 | 150 | 150 | ||
| Other noncurrent assets | 17 | 15 | 15 | 92 | 99 | ||
| Total noncurrent assets: | 204 | 166 | 166 | 247 | 261 | ||
| Other undisclosed assets | 5,749 | 4,592 | 5,449 | 11,594 | 6,653 | ||
| TOTAL ASSETS: | 42,470 | 11,874 | 11,751 | 10,747 | 8,484 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Debt | 7,403 | 5,210 | 1,052 | ||||
| Due to related parties | 124 | 125 | 173 | 155 | |||
| Total current liabilities: | 7,528 | 125 | 173 | 5,365 | 1,052 | ||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 37,411 | 23,084 | 23,824 | 15,951 | 16,356 | ||
| Total liabilities: | 44,939 | 23,209 | 23,997 | 21,316 | 17,409 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent, including: | (4,716) | (13,495) | (14,321) | (12,563) | (10,841) | ||
| Preferred stock | 1,916 | ||||||
| Common stock | 38 | 38 | 36 | 35 | 32 | ||
| Additional paid in capital | 5,231 | 4,615 | 4,199 | 4,171 | 4,013 | ||
| Accumulated other comprehensive income (loss) | (131) | (2) | 21 | 139 | 97 | ||
| Accumulated deficit | (35,774) | (33,159) | (31,887) | (29,145) | (26,229) | ||
| Other undisclosed stockholders' equity attributable to parent | 25,919 | 15,013 | 13,309 | 12,236 | 9,329 | ||
| Other undisclosed stockholders' equity | 2,247 | 2,160 | 2,075 | 1,994 | 1,916 | ||
| Total stockholders' equity: | (2,469) | (11,335) | (12,246) | (10,569) | (8,924) | ||
| TOTAL LIABILITIES AND EQUITY: | 42,470 | 11,874 | 11,751 | 10,747 | 8,484 | ||
Income statement (P&L) ($ in thousands)
| 5/31/2017 | 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|---|---|
| Revenues | 2,869 | 1,336 | 1,576 | 1,270 | 1,345 | |
| Net investment income | 494 | (215) | 275 | 226 | 230 | |
| Financial services revenue | 82 | 1,233 | 1,145 | 1,013 | 1,055 | |
| Other income | 160 | 316 | 19 | 76 | ✕ | |
| Cost of revenue | (786) | (1,269) | (353) | (420) | ||
| Deferred policy acquisition costs, amortization expense | (786) | (301) | (275) | (239) | ||
| Financial services costs | (968) | (78) | (181) | |||
| Other undisclosed gross profit | (2,584) | (1,460) | (1,986) | |||
| Gross profit: | 2,083 | (1,249) | (1,153) | (1,069) | 924 | |
| Operating expenses | (2,362) | (1,907) | (3,080) | (1,702) | (1,790) | |
| Other undisclosed operating income | 786 | 2,584 | 2,729 | 2,339 | 420 | |
| Operating income (loss): | 508 | (571) | (1,505) | (432) | (445) | |
| Nonoperating income (expense) (Investment Income, Nonoperating) | 287 | 171 | 28 | 59 | (43) | |
| Interest and debt expense | (575) | 1,004 | 424 | (944) | 1,073 | |
| Income (loss) from continuing operations before income taxes: | 219 | 604 | (1,052) | (1,317) | 585 | |
| Other undisclosed loss from continuing operations | (3,532) | |||||
| Income (loss) before gain (loss) on sale of properties: | 219 | 604 | (1,052) | (1,317) | (2,947) | |
| Other undisclosed net income (loss) | (1,227) | (720) | (536) | (530) | 990 | |
| Net loss: | (1,007) | (116) | (1,589) | (1,848) | (1,957) | |
| Other undisclosed net loss attributable to parent | (0) | |||||
| Net loss attributable to parent: | (1,007) | (116) | (1,589) | (1,848) | (1,957) | |
| Preferred stock dividends and other adjustments | 58 | |||||
| Other undisclosed net loss available to common stockholders, basic | (1,345) | (1,157) | (1,153) | (1,069) | (1,048) | |
| Net loss available to common stockholders, diluted: | (2,352) | (1,273) | (2,742) | (2,916) | (2,947) | |
Comprehensive Income ($ in thousands)
| 5/31/2017 | 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|---|---|
| Net loss: | (1,007) | (116) | (1,589) | (1,848) | (1,957) | |
| Other comprehensive income | 1,294 | |||||
| Comprehensive income (loss): | (1,007) | 1,178 | (1,589) | (1,848) | (1,957) | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 95 | |||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (1,473) | (2,661) | (1,271) | (1,026) | (990) | |
| Comprehensive loss, net of tax, attributable to parent: | (2,480) | (1,388) | (2,860) | (2,874) | (2,947) | |
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.