MAGICSTEM GROUP CORP. (MGGI) financial statements (2021 and earlier)

Company profile

Business Address ROOM 803, 8TH FLOOR, LIPPO SUN PLAZA
TSIM SHA TSUI, XXXXX
State of Incorp. NV
Fiscal Year End October 31
SIC 367 - Electronic Components And Accessories (benchmarking)
More info Complete financial analysis Financial benchmarking

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

10/31/2016
10/31/2015
10/31/2014
10/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8618 1
Cash and cash equivalents8618 1
Prepaid expense66  
Total current assets:9123 1
Noncurrent Assets
TOTAL ASSETS:9123 1
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:64 4 
Taxes payable1   
Other undisclosed accounts payable and accrued liabilities63 4 
Due to related parties1836523 
Other undisclosed current liabilities1  13
Total current liabilities:248652713
Noncurrent Liabilities
Total liabilities:248652713
Stockholders' equity
Stockholders' equity attributable to parent, including:(157)(41)(27)(13)
Common stock16101010
Additional paid in capital 3844
Accumulated deficit(172)(89)  
Other undisclosed stockholders' equity attributable to parent  (41)(27)
Total stockholders' equity:(157)(41)(27)(13)
TOTAL LIABILITIES AND EQUITY:9123 1

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

10/31/2016
10/31/2015
10/31/2014
10/31/2013
Revenues13   
Revenue, net11   
Cost of revenue(5)   
Gross profit:7   
Operating expenses(120)(48)(14)(24)
Other undisclosed operating income 6519 
Operating income (loss):(113)175(24)
Income (loss) from continuing operations before equity method investments, income taxes:(113)175(24)
Other undisclosed loss from continuing operations before income taxes (65)(19) 
Loss from continuing operations before income taxes:(113)(48)(14)(24)
Income tax expense(1)   
Net loss available to common stockholders, diluted:(114)(48)(14)(24)

Comprehensive Income ($ in thousands)

10/31/2016
10/31/2015
10/31/2014
10/31/2013
Net loss:(114)(48)(14)(24)
Comprehensive loss, net of tax, attributable to parent:(114)(48)(14)(24)

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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