Quotemedia Inc (QMCI) financial statements (2020 and earlier)

Company profile

Business Address 17100 E SHEA BLVD
FOUNTAIN HILLS, AZ 85268
State of Incorp. NV
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments815810451272252423426
Cash and cash equivalents815810451272252423426
Receivables681538345434419406539
Prepaid expense1031329075824942
Other current assets481711491034741306
Total current assets:1,6471,6521,0358848019191,313
Noncurrent Assets
Operating lease, right-of-use asset329
Property, plant and equipment2,2731,7031,4211,3731,4041,4861,378
Intangible assets, net (including goodwill)161167175181187192198
Goodwill110110110110110110110
Intangible assets, net (excluding goodwill)51576571778288
Deposits noncurrent assets16151716191921
Total noncurrent assets:2,7791,8851,6121,5691,6091,6981,597
TOTAL ASSETS:4,4263,5372,6472,4532,4102,6172,910
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,2861,4951,5661,5001,3101,2501,258
Other undisclosed accounts payable and accrued liabilities1,2861,4951,5661,5001,3101,2501,258
Deferred revenue579
Debt20630     
Due to related parties 30 44   
Deferred revenue and credits707549607559544
Other undisclosed current liabilities 678     
Total current liabilities:2,0722,2332,2732,0931,9171,8091,802
Noncurrent Liabilities
Long-term debt and lease obligation18146     
Finance lease, liability14
Capital lease obligations46     
Operating lease, liability167
Liabilities, other than long-term debt 46 10,9039,4378,3987,381
Due to related parties 46 10,9039,4378,3987,381
Total noncurrent liabilities:18193 10,9039,4378,3987,381
Total liabilities:2,2532,3262,27312,99711,35410,2079,183
Stockholders' equity
Stockholders' equity attributable to parent(811)(1,781)(2,708)(10,544)(8,944)(7,590)(6,273)
Common stock90909090909090
Additional paid in capital19,56819,15718,7289,3839,3018,9988,931
Accumulated deficit(20,469)(21,028)(21,526)(20,017)(18,336)(16,679)(15,294)
Total stockholders' equity:(811)(1,781)(2,708)(10,544)(8,944)(7,590)(6,273)
Other undisclosed liabilities and equity2,9842,9913,082    
TOTAL LIABILITIES AND EQUITY:4,4263,5372,6472,4532,4102,6172,910

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues11,79411,1289,4928,8708,6599,0769,437
Revenue, net9,4928,8708,6599,0769,437
Cost of revenue(5,782)(5,529)(5,213)(5,073)(5,067)(5,074)(5,154)
Cost of goods and services sold   (5,073)(5,067)(5,074)(5,154)
Gross profit:6,0125,5994,2793,7973,5914,0014,283
Operating expenses(5,412)(5,099)(4,628)(4,410)(4,599)(4,700)(4,795)
Operating income (loss):600500(349)(613)(1,007)(698)(512)
Nonoperating income (expense)(38)1(1,157)(1,065)(646)(683)(628)
Foreign currency transaction gain (loss), before tax(31)9(93)(51)2359863
Interest and debt expense(6)(7)(1,064)(1,014)(881)(781)(691)
Income (loss) from continuing operations before equity method investments, income taxes:556494(2,570)(2,693)(2,535)(2,162)(1,831)
Other undisclosed income from continuing operations before income taxes671,0641,014881781691
Income (loss) from continuing operations before income taxes:562501(1,506)(1,678)(1,654)(1,381)(1,140)
Income tax expense (3)(3)(3)(3)(4)(4)
Net income (loss):562498(1,509)(1,681)(1,657)(1,385)(1,144)
Other undisclosed net loss attributable to parent(3)      
Net income (loss) attributable to parent:559498(1,509)(1,681)(1,657)(1,385)(1,144)
Preferred stock dividends and other adjustments5545     
Net income (loss) available to common stockholders, diluted:614543(1,509)(1,681)(1,657)(1,385)(1,144)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):562498(1,509)(1,681)(1,657)(1,385)(1,144)
Comprehensive income (loss), net of tax, attributable to parent:562498(1,509)(1,681)(1,657)(1,385)(1,144)

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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