LUBOA GROUP, INC. (LBAO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2360 CORPORATE CIRCLE STE 400 HENDERSON, NV 89074-7722 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2020 MRQ | 12/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 172 | 250 | 17 | |||||
| Cash and cash equivalents | 172 | 250 | 17 | |||||
| Receivables | 64 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 5 | |||||||
| Inventory | 5 | |||||||
| Prepaid expense | 1 | 1 | 1 | 0 | ||||
| Other undisclosed current assets | 163 | (250) | ||||||
| Total current assets: | 403 | 1 | 1 | 1 | 18 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 72 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 142 | 1 | ||||||
| Total noncurrent assets: | 214 | 1 | ||||||
| TOTAL ASSETS: | 618 | 1 | 1 | 1 | 19 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 7 | 5 | 0 | |||||
| Accrued liabilities | 5 | 0 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 7 | |||||||
| Debt | 38 | |||||||
| Due to related parties | 1,089 | 140 | 81 | 28 | ||||
| Other undisclosed current liabilities | 228 | |||||||
| Total current liabilities: | 1,355 | 147 | 87 | 28 | ||||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation: | 34 | |||||||
| Liabilities, other than long-term debt | 15 | |||||||
| Due to related parties | 15 | |||||||
| Operating lease, liability | 34 | ✕ | ✕ | ✕ | ✕ | |||
| Total noncurrent liabilities: | 34 | 15 | ||||||
| Total liabilities: | 1,389 | 147 | 87 | 28 | 15 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | (771) | (146) | (86) | (27) | 4 | |||
| Common stock | 112 | 12 | 12 | 12 | 12 | |||
| Additional paid in capital | 1,673 | 38 | 38 | 14 | 23 | |||
| Accumulated other comprehensive income | 40 | |||||||
| Accumulated deficit | (2,596) | (195) | (135) | (77) | (31) | |||
| Other undisclosed equity, attributable to parent | 23 | |||||||
| Total equity: | (771) | (146) | (86) | (27) | 4 | |||
| TOTAL LIABILITIES AND EQUITY: | 618 | 1 | 1 | 1 | 19 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 12 | 3 | |||||
| Revenue, net | ✕ | ✕ | ✕ | 3 | |||
| Cost of revenue | (2) | ||||||
| Gross profit: | 9 | 3 | |||||
| Operating expenses | (1,619) | (60) | (58) | (46) | (33) | ||
| Other operating expense, net (Other Nonrecurring (Income) Expense) | (33) | ||||||
| Other undisclosed operating income | 33 | ||||||
| Operating loss: | (1,610) | (60) | (58) | (46) | (30) | ||
| Loss from continuing operations before equity method investments, income taxes: | (1,610) | (60) | (58) | (46) | (30) | ||
| Other undisclosed income from continuing operations before income taxes | 2 | ||||||
| Loss from continuing operations: | (1,608) | (60) | (58) | (46) | (30) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (1,608) | (60) | (58) | (46) | (30) | |
| Net loss available to common stockholders, diluted: | (1,608) | (60) | (58) | (46) | (30) | ||
Comprehensive Income ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (1,608) | (60) | (58) | (46) | (30) | ||
| Comprehensive loss: | (1,608) | (60) | (58) | (46) | (30) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1 | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (1,607) | (60) | (58) | (46) | (30) | ||
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.