Adgs Advisory Inc (LIPN) financial statements (2020 and earlier)
Company profile
| Business Address |
11/F, RYKADAN CAPITAL TOWER KOWLOON, 00000 |
| State of Incorp. | DE |
| Fiscal Year End | August 31 |
| SIC | 87 - Engineering, Accounting, Research, Management, And Related Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 8/31/2014 | 8/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 96 | 164 | |||
| Cash and cash equivalents | 96 | 164 | |||
| Receivables | 1,462 | 983 | |||
| Prepaid expense | 291 | 64 | ✕ | ||
| Other undisclosed current assets | 1,101 | 260 | |||
| Total current assets: | 2,949 | 1,472 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 2,000 | 2,089 | |||
| Intangible assets, net (including goodwill) | 1,201 | 794 | ✕ | ||
| Goodwill | 153 | ||||
| Intangible assets, net (excluding goodwill) | 1,048 | 794 | |||
| Regulated entity, other noncurrent assets | 93 | 40 | |||
| Deposits noncurrent assets | 258 | ||||
| Other undisclosed noncurrent assets | 2,293 | 371 | |||
| Total noncurrent assets: | 5,845 | 3,294 | |||
| TOTAL ASSETS: | 8,795 | 4,766 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 997 | 371 | |||
| Accrued liabilities | 411 | 218 | |||
| Taxes payable | 586 | 152 | |||
| Debt | 4,401 | 3,119 | 160 | ||
| Due to related parties | 663 | ||||
| Deferred revenue and credits | 145 | 145 | |||
| Other undisclosed current liabilities | (3,524) | (2,244) | 83 | ||
| Total current liabilities: | 2,683 | 1,391 | 243 | ||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 751 | ||||
| Long-term debt, excluding current maturities | 751 | ||||
| Liabilities, other than long-term debt | 936 | 1,186 | |||
| Deferred revenue and credits | 290 | 435 | |||
| Due to related parties | 645 | 751 | |||
| Other undisclosed noncurrent liabilities | 3,578 | 1,517 | |||
| Total noncurrent liabilities: | 4,514 | 3,454 | |||
| Total liabilities: | 7,197 | 4,845 | 243 | ||
| Stockholders' equity | |||||
| Stockholders' equity attributable to parent, including: | 1,754 | 58 | (243) | ||
| Common stock | 4 | 3 | 0 | ||
| Additional paid in capital | 3,454 | (3) | 428 | ||
| Accumulated other comprehensive loss | (10) | (10) | |||
| Retained earnings (accumulated deficit) | 1,399 | 68 | (671) | ||
| Other undisclosed stockholders' equity attributable to parent | (3,092) | ||||
| Stockholders' equity attributable to noncontrolling interest | (157) | (136) | |||
| Total stockholders' equity: | 1,597 | (79) | (243) | ||
| TOTAL LIABILITIES AND EQUITY: | 8,795 | 4,766 | |||
Income statement (P&L) ($ in thousands)
| 8/31/2014 | 8/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues | 703 | 3,198 | ||
| Revenue, net | 6,159 | 3,198 | ||
| Investment banking revenue | 252 | |||
| Financial services revenue | 451 | |||
| Cost of revenue | (2,985) | (1,426) | ||
| Other undisclosed gross profit | 5,456 | |||
| Gross profit: | 3,173 | 1,772 | ||
| Operating expenses | (1,536) | (2,269) | (60) | |
| Other operating income, net (Other Nonrecurring (Income) Expense) | 19 | 2 | ||
| Other undisclosed operating income | 180 | 1,423 | ||
| Operating income (loss): | 1,836 | 930 | (60) | |
| Nonoperating income (expense) (Foreign Currency Transaction Gain (Loss), before Tax) | 0 | (10) | ||
| Interest and debt expense | (135) | (155) | (5) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 47 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,747 | 764 | (65) | |
| Other undisclosed income (loss) from continuing operations before income taxes | (28) | 13 | ||
| Income (loss) from continuing operations before income taxes: | 1,719 | 777 | (65) | |
| Income tax expense | (408) | (152) | ||
| Net income (loss): | 1,311 | 625 | (65) | |
| Net income (loss) attributable to noncontrolling interest | 20 | (23) | ||
| Other undisclosed net income attributable to parent | 23 | |||
| Net income (loss) available to common stockholders, diluted: | 1,331 | 625 | (65) | |
Comprehensive Income ($ in thousands)
| 8/31/2014 | 8/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income (loss): | 1,311 | 625 | (65) | |
| Comprehensive income (loss): | 1,311 | 625 | (65) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (20) | 23 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 41 | (10) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,331 | 637 | (65) | |
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.