Profit Planners Management, Inc. (PPMT) Financial Statements (2024 and earlier)

Company Profile

Business Address 1001 AVENUE OF THE AMERICAS
NEW YORK, NY 10022
State of Incorp. NV
Fiscal Year End May 31
Industry (SIC) 7363 - Help Supply Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

2/28/2017
MRQ
5/31/2016
5/31/2015
5/31/2014
5/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 2705840128
Cash and cash equivalents 2705840128
Receivables 103(34)(48) 
Other current assets 674022
Other undisclosed current assets  13422093
Total current assets: 379164252244
Noncurrent Assets
Property, plant and equipment 5269
Total noncurrent assets: 5269
TOTAL ASSETS: 385167258253
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 2241614636
Employee-related liabilities 2525130 
Other undisclosed accounts payable and accrued liabilities 199136(84)36
Due to related parties  7567 
Other undisclosed current liabilities 617495  
Total current liabilities: 84273111336
Noncurrent Liabilities
Liabilities, other than long-term debt 80101  
Accounts payable and accrued liabilities 80101  
Total noncurrent liabilities: 80101  
Other undisclosed liabilities   524306
Total liabilities: 921832637341
Equity
Equity, attributable to parent, including: (536)(665)(379)(89)
Common stock 55  
Common stock, share subscribed but unissued, subscriptions receivable    0
Additional paid in capital 302302248155
Accumulated deficit (844)(972)(681)(266)
Other undisclosed equity, attributable to parent   5422
Total equity: (536)(665)(379)(89)
TOTAL LIABILITIES AND EQUITY: 385167258253

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

2/28/2017
TTM
5/31/2016
5/31/2015
5/31/2014
5/31/2013
Revenues 1,294813710843
Revenue, net 1,294813710 
Revenues, excluding interest and dividends    843
Cost of revenue    (552)
Other undisclosed gross profit (676)(550)(545) 
Gross profit: 618263165291
Operating expenses (489)(735)(942)(393)
Operating income (loss): 129(472)(777)(102)
Nonoperating income
(Investment Income, Nonoperating)
   80 
Income (loss) from continuing operations before income taxes: 129(472)(697)(102)
Other undisclosed income from continuing operations  181201 
Income (loss) from continuing operations: 129(291)(495)(102)
Income (loss) before gain (loss) on sale of properties: 129(291)(495)(102)
Net income (loss): 129(291)(495)(102)
Other undisclosed net income attributable to parent   80 
Net income (loss) available to common stockholders, diluted: 129(291)(415)(102)

Comprehensive Income ($ in thousands)

2/28/2017
TTM
5/31/2016
5/31/2015
5/31/2014
5/31/2013
Net income (loss): 129(291)(495)(102)
Comprehensive income (loss), net of tax, attributable to parent: 129(291)(495)(102)

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.

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