RENAVOTIO, INC. (RIII) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
601 SOUTH BOULDER AVE., SUITE 600 TULSA, OK 74119 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 3/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 114 | 27 | 521 | 55 | 0 | 14 | 16 | ||
| Cash and cash equivalents | 114 | 27 | 521 | 55 | 0 | 14 | 16 | ||
| Receivables | 148 | 11 | 1,325 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 232 | ✕ | |||||||
| Inventory | 232 | ||||||||
| Other current assets | 2 | 7 | |||||||
| Other undisclosed current assets | 130 | 1 | 152 | 159 | |||||
| Total current assets: | 626 | 46 | 1,998 | 214 | 0 | 14 | 16 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 486 | ||||||||
| Intangible assets, net (including goodwill) | 3,554 | ✕ | |||||||
| Goodwill | 3,554 | ||||||||
| Total noncurrent assets: | 4,040 | ||||||||
| TOTAL ASSETS: | 4,666 | 46 | 1,998 | 214 | 0 | 14 | 16 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 147 | 282 | 251 | 62 | 26 | 31 | |||
| Taxes payable | 11 | 122 | |||||||
| Accounts payable | 76 | ||||||||
| Accrued liabilities | 72 | 271 | 129 | 62 | 26 | 31 | |||
| Debt | 84 | 170 | 143 | 134 | 119 | 65 | |||
| Due to related parties | 118 | 1,056 | |||||||
| Other undisclosed current liabilities | 1,141 | 183 | 5 | 122 | |||||
| Total current liabilities: | 1,372 | 753 | 1,456 | 318 | 145 | 96 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 5 | ||||||||
| Due to related parties | 5 | ||||||||
| Other undisclosed noncurrent liabilities | 2,603 | ||||||||
| Total noncurrent liabilities: | 2,603 | 5 | |||||||
| Total liabilities: | 3,976 | 753 | 1,456 | 318 | 145 | 96 | 5 | ||
| Commitments and contingencies | 75 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 690 | (707) | 542 | (104) | (144) | (83) | 10 | ||
| Common stock | 120 | 75 | 75 | 75 | 10 | 10 | 10 | ||
| Additional paid in capital | 3,330 | 224 | 26 | 26 | 26 | 26 | 21 | ||
| Accumulated other comprehensive income (loss) | 3 | (1) | |||||||
| Retained earnings (accumulated deficit) | (2,761) | (1,008) | 442 | (205) | (181) | (119) | (21) | ||
| Other undisclosed equity, attributable to parent | 0 | ||||||||
| Other undisclosed equity | (75) | ||||||||
| Total equity: | 690 | (782) | 542 | (104) | (144) | (83) | 10 | ||
| TOTAL LIABILITIES AND EQUITY: | 4,666 | 46 | 1,998 | 214 | 0 | 14 | 16 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,124 | 233 | 1,678 | 313 | ||||
| Cost of revenue | (3,468) | (117) | (218) | (60) | ||||
| Gross profit: | 656 | 116 | 1,460 | 253 | ||||
| Operating expenses | (2,216) | (2,380) | (691) | (277) | (61) | (73) | (19) | |
| Other operating expense, net (Other Expenses) | (156) | |||||||
| Other undisclosed operating loss | (2) | |||||||
| Operating income (loss): | (1,716) | (2,265) | 769 | (24) | (61) | (73) | (21) | |
| Interest and debt expense | (196) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,912) | (2,265) | 769 | (24) | (61) | (73) | (21) | |
| Other undisclosed income from continuing operations before income taxes | 352 | 703 | ||||||
| Income (loss) from continuing operations before income taxes: | (1,560) | (1,561) | 769 | (24) | (61) | (73) | (21) | |
| Income tax expense (benefit) | 111 | (122) | ||||||
| Income (loss) from continuing operations: | (1,560) | (1,450) | 647 | (24) | (61) | (73) | (21) | |
| Income (loss) before gain (loss) on sale of properties: | (1,560) | (1,450) | 647 | (24) | (61) | (73) | (21) | |
| Net income (loss): | (1,560) | (1,450) | 647 | (24) | (61) | (73) | (21) | |
| Other undisclosed net loss attributable to parent | (193) | |||||||
| Net income (loss) available to common stockholders, diluted: | (1,753) | (1,450) | 647 | (24) | (61) | (73) | (21) | |
Comprehensive Income ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,560) | (1,450) | 647 | (24) | (61) | (73) | (21) | |
| Other comprehensive income (loss) | 3 | (4) | (1) | |||||
| Comprehensive income (loss): | (1,557) | (1,454) | 646 | (24) | (61) | (73) | (21) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 8 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,557) | (1,446) | 646 | (24) | (61) | (73) | (21) | |
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.