Service Team, Inc. (SVTE) financial statements (2021 and earlier)
Company profile
| Business Address |
18482 PARK VILLA PLACE VILLA PARK, CA 92861 |
| State of Incorp. | NV |
| Fiscal Year End | August 31 |
| SIC | 76 - Miscellaneous Repair Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | 8/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 53 | 49 | 81 | 322 | 6 | 7 | ||
| Cash and cash equivalents | 53 | 49 | 81 | 322 | 6 | 7 | ||
| Prepaid expense | 14 | 14 | 9 | 9 | ||||
| Other current assets | 40 | 12 | ||||||
| Other undisclosed current assets | 344 | 331 | 325 | 208 | 170 | 177 | ||
| Total current assets: | 397 | 379 | 419 | 584 | 197 | 193 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 158 | 172 | 154 | 54 | 8 | 10 | ||
| Prepaid expense | 14 | 14 | 9 | |||||
| Other undisclosed noncurrent assets | 14 | 14 | 9 | |||||
| Total noncurrent assets: | 172 | 186 | 168 | 68 | 17 | 19 | ||
| TOTAL ASSETS: | 569 | 565 | 587 | 652 | 214 | 212 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 146 | 168 | 216 | 243 | 190 | 229 | ||
| Accounts payable | 83 | 101 | 115 | 138 | 113 | 172 | ||
| Accrued liabilities | 64 | 67 | 101 | 105 | 78 | |||
| Employee-related liabilities | 56 | |||||||
| Debt | 1 | 17 | 111 | 34 | 30 | |||
| Due to related parties | 8 | 7 | 32 | 27 | ||||
| Other undisclosed current liabilities | 18 | 60 | ||||||
| Total current liabilities: | 147 | 184 | 335 | 302 | 313 | 256 | ||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 235 | 196 | 30 | 58 | ||||
| Total liabilities: | 383 | 380 | 366 | 302 | 313 | 314 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 186 | 185 | 222 | 350 | (99) | (102) | ||
| Preferred stock | 0 | 0 | 0 | 0 | 0 | |||
| Common stock | 8,853 | 8,853 | 2,320 | 169 | 13 | 12 | ||
| Additional paid in capital | (5,611) | (5,611) | 599 | 2,140 | 1,613 | 956 | ||
| Accumulated deficit | (3,056) | (3,057) | (2,702) | (1,958) | (1,747) | (1,110) | ||
| Stockholders' equity note, subscriptions receivable | 22 | ✕ | ||||||
| Other undisclosed stockholders' equity attributable to parent | 5 | 40 | ||||||
| Total stockholders' equity: | 186 | 185 | 222 | 350 | (99) | (102) | ||
| TOTAL LIABILITIES AND EQUITY: | 569 | 565 | 587 | 652 | 214 | 212 | ||
Income statement (P&L) ($ in thousands)
| 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | 8/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 3,913 | 3,330 | 3,674 | 3,031 | 2,612 | 1,334 | |
| Revenue, net | ✕ | ✕ | 3,674 | 3,031 | 2,612 | ||
| Cost of revenue | (3,148) | (2,724) | (2,951) | (2,526) | (2,335) | (1,097) | |
| Cost of goods and services sold | (2,951) | (2,526) | (2,335) | (1,097) | |||
| Gross profit: | 765 | 606 | 723 | 505 | 277 | 237 | |
| Operating expenses | (644) | (629) | (790) | (392) | (838) | (142) | |
| Other operating expense, net (Other Expenses) | (430) | (324) | (76) | ||||
| Other undisclosed operating income (loss) | 430 | 324 | 76 | (0) | |||
| Operating income (loss): | 121 | (23) | (67) | 113 | (561) | 95 | |
| Nonoperating income (Debt Instrument, Convertible, Beneficial Conversion Feature) | 40 | 348 | 299 | 105 | |||
| Interest and debt expense | (120) | (332) | (430) | (378) | (76) | 20 | |
| Income (loss) before gain (loss) on sale of properties: | 1 | (315) | (149) | 34 | (533) | 115 | |
| Other undisclosed net loss | (40) | (348) | (245) | (105) | (41) | ||
| Net income (loss) available to common stockholders, diluted: | 1 | (355) | (497) | (211) | (638) | 74 | |
Comprehensive Income ($ in thousands)
| 8/31/2019 | 8/31/2018 | 8/31/2017 | 8/31/2016 | 8/31/2015 | 8/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 1 | (355) | (497) | (211) | (638) | 74 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 1 | (355) | (497) | (211) | (638) | 74 | |
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.