Is Farm Lands of Africa, Inc. (FLAF) a Buy, Sell, or Hold?
OTC : FLAF
Farm Lands of Africa, Inc.
$0.0001 USD
$0 (0.0%)
- Volume
- 6K
- Average Volume
- 4.26K
- Market Capitalization
- $460.42K
- P/E Ratio
- 0.00
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.00
- Year Low
- $0.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $2.26
FLAF Financial Statements
| date | 2011-09-30 | 2010-03-31 | 2009-03-31 |
|---|---|---|---|
| revenue | - | - | - |
| costOfRevenue | - | - | - |
| grossProfit | - | - | - |
| researchAndDevelopmentExpenses | - | - | 29300 |
| generalAndAdministrativeExpenses | 981.64K | 17375 | 21721 |
| sellingAndMarketingExpenses | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 981.64K | 17375 | 21721 |
| otherExpenses | - | 1500 | 1500 |
| operatingExpenses | 981.64K | 18875 | 52521 |
| costAndExpenses | 981.64K | 18875 | 52521 |
| netInterestIncome | 129 | - | - |
| interestIncome | 129 | - | - |
| interestExpense | - | - | - |
| depreciationAndAmortization | 2219 | 1500 | 1500 |
| ebitda | -979.42K | -17375 | -51021 |
| ebit | -981.64K | -18875 | -52521 |
| nonOperatingIncomeExcludingInterest | - | 18875 | 52521 |
| operatingIncome | -981.64K | - | - |
| totalOtherIncomeExpensesNet | -7967 | -18875 | -52521 |
| incomeBeforeTax | -989.61K | -18875 | -52521 |
| incomeTaxExpense | 1100 | - | - |
| netIncomeFromContinuingOperations | -990.71K | -18875 | -52521 |
| netIncomeFromDiscontinuedOperations | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - |
| netIncome | -990.71K | -18875 | -52521 |
| netIncomeDeductions | - | - | - |
| bottomLineNetIncome | -990.71K | -18875 | -52521 |
| eps | -0.14 | -0.0 | -0.01 |
| date | 2011-09-30 | 2010-03-31 | 2009-03-31 |
|---|---|---|---|
| cashAndCashEquivalents | 274K | 3614 | 2489 |
| shortTermInvestments | 370.06K | - | - |
| cashAndShortTermInvestments | 644.06K | 3614 | 2489 |
| netReceivables | 34085 | - | - |
| accountsReceivables | 34085 | - | - |
| otherReceivables | - | - | - |
| inventory | - | - | - |
| prepaids | 18691 | - | - |
| otherCurrentAssets | - | - | - |
| totalCurrentAssets | 696.84K | 3614 | 2489 |
| propertyPlantEquipmentNet | 21378 | - | - |
| goodwill | - | - | - |
| intangibleAssets | - | 1375 | 2875 |
| goodwillAndIntangibleAssets | - | 1375 | 2875 |
| longTermInvestments | - | - | - |
| taxAssets | - | - | - |
| otherNonCurrentAssets | 90708 | - | - |
| totalNonCurrentAssets | 112.09K | 1375 | 2875 |
| otherAssets | - | - | - |
| totalAssets | 808.92K | 4989 | 5364 |
| totalPayables | 33502 | 19250 | 750 |
| accountPayables | 33502 | - | - |
| otherPayables | - | 19250 | 750 |
| accruedExpenses | - | - | - |
| shortTermDebt | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - |
| taxPayables | - | - | - |
| deferredRevenue | - | - | - |
| otherCurrentLiabilities | 275.04K | - | - |
| totalCurrentLiabilities | 308.54K | 19250 | 750 |
| longTermDebt | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - |
| deferredRevenueNonCurrent | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - |
| otherNonCurrentLiabilities | - | - | - |
| totalNonCurrentLiabilities | - | - | - |
| otherLiabilities | - | - | - |
| capitalLeaseObligations | - | - | - |
| totalLiabilities | 308.54K | 19250 | 750 |
| treasuryStock | - | - | - |
| preferredStock | - | - | - |
| commonStock | 9208 | 5499 | 5499 |
| retainedEarnings | -1.01M | -73211 | -54336 |
| additionalPaidInCapital | 1.63M | 53451 | 53451 |
| date | 2011-09-30 | 2010-03-31 | 2009-03-31 |
|---|---|---|---|
| netIncome | -990.71K | -18875 | -52521 |
| depreciationAndAmortization | 2219 | 1500 | 1500 |
| deferredIncomeTax | - | - | - |
| stockBasedCompensation | - | - | - |
| changeInWorkingCapital | 12080 | - | -750 |
| accountsReceivables | - | - | - |
| inventory | - | - | - |
| accountsPayables | 30771 | - | - |
| otherWorkingCapital | -18691 | - | -750 |
| otherNonCashItems | 8096 | - | - |
| netCashProvidedByOperatingActivities | -968.32K | -17375 | -51771 |
| investmentsInPropertyPlantAndEquipment | -23597 | - | - |
| acquisitionsNet | - | - | - |
| purchasesOfInvestments | -500K | - | - |
| salesMaturitiesOfInvestments | - | - | - |
| otherInvestingActivities | -124.79K | - | - |
| netCashProvidedByInvestingActivities | -648.39K | - | - |
| netDebtIssuance | - | 18500 | - |
| longTermNetDebtIssuance | - | - | - |
| shortTermNetDebtIssuance | - | 18500 | - |
| netStockIssuance | 1.91M | - | - |
| netCommonStockIssuance | 1.91M | - | - |
| commonStockIssuance | 1.91M | - | - |
| commonStockRepurchased | - | - | - |
| netPreferredStockIssuance | - | - | - |
| netDividendsPaid | - | - | - |
| commonDividendsPaid | - | - | - |
| preferredDividendsPaid | - | - | - |
| otherFinancingActivities | -15134 | - | - |
| netCashProvidedByFinancingActivities | 1.89M | 18500 | - |
| date | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 62300 | 117.99K | - | 156.02K | 129.39K | 690.95K | 3247 | 3708 | 5015 | 1299 |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 62300 | 117.99K | 157.46K | 156.02K | 129.39K | 690.95K | 3247 | 3708 | 5015 | 1299 |
| otherExpenses | - | - | - | - | - | - | 375 | 375 | 375 | 375 |
| operatingExpenses | 62300 | 117.99K | 157.46K | 156.02K | 129.39K | 690.95K | 3622 | 4083 | 5390 | 1674 |
| costAndExpenses | 62300 | 117.99K | 157.46K | 156.02K | 129.39K | 690.95K | 3622 | 4083 | 5390 | 1674 |
| netInterestIncome | - | - | - | - | - | - | - | - | - | - |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | - | - | - | - | - | - | - | - | - | - |
| depreciationAndAmortization | 1180 | 1180 | 1179 | 102 | - | - | 375 | 375 | 375 | 375 |
| ebitda | -61120 | -116.81K | -156.28K | -155.92K | -129.39K | -690.95K | -3247 | -3708 | -5015 | -1299 |
| ebit | -62300 | -117.99K | -157.46K | -156.02K | -129.39K | -690.95K | -3622 | -4083 | -5390 | -1674 |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - | 3622 | 4083 | 5390 | 1674 |
| operatingIncome | -62300 | -117.99K | -157.46K | -156.02K | -129.39K | -690.95K | - | - | - | - |
| totalOtherIncomeExpensesNet | 163.32K | 64626 | 22043 | 64881 | -12990 | -59858 | -3622 | -4083 | -5390 | -1674 |
| incomeBeforeTax | 101.02K | -53367 | -135.41K | -91136 | -142.38K | -750.81K | -3622 | -4083 | -5390 | -1674 |
| incomeTaxExpense | - | - | - | 1100 | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | 101.02K | -53367 | -135.41K | -92236 | -142.38K | -750.81K | -3622 | -4083 | -5390 | -1674 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 101.02K | -53367 | -135.41K | -104.47K | -142.38K | -750.81K | -3622 | -4083 | -5390 | -1674 |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 101.02K | -53367 | -135.41K | -104.47K | -142.38K | -750.81K | -3622 | -4083 | -5390 | -1674 |
| eps | 0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.09 | -0.0 | -0.0 | -0.0 | -0.0 |
| date | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 763 | 18971 | 112.03K | 274K | 107.41K | 3644 | 6141 | 8961 | 3614 | 5663 |
| shortTermInvestments | 298.18K | 667.25K | 334.3K | 370.06K | - | - | - | - | - | - |
| cashAndShortTermInvestments | 298.94K | 686.22K | 446.32K | 644.06K | 107.41K | 3644 | 6141 | 8961 | 3614 | 5663 |
| netReceivables | 26541 | 26541 | 26787 | 34085 | 14044 | - | - | - | - | - |
| accountsReceivables | 26541 | 26541 | 26787 | 34085 | 14044 | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | 2813 | 7812 | 11838 | 18691 | 17347 | - | - | 138 | - | - |
| otherCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalCurrentAssets | 328.29K | 720.58K | 484.95K | 696.84K | 138.8K | 3644 | 6141 | 9099 | 3614 | 5663 |
| propertyPlantEquipmentNet | 17839 | 19019 | 20199 | 21378 | 51718 | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | 250 | 625 | 1000 | 1375 | 1750 |
| goodwillAndIntangibleAssets | - | - | - | - | - | 250 | 625 | 1000 | 1375 | 1750 |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 99643 | 99643 | 97250 | 90708 | 67655 | - | - | - | - | - |
| totalNonCurrentAssets | 117.48K | 118.66K | 117.45K | 112.09K | 119.37K | 250 | 625 | 1000 | 1375 | 1750 |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 445.77K | 839.24K | 602.4K | 808.92K | 258.17K | 3894 | 6766 | 10099 | 4989 | 7413 |
| totalPayables | 79988 | 42075 | 20198 | 33502 | 203.17K | 31250 | 30500 | 29750 | 19250 | - |
| accountPayables | 79988 | 42075 | 20198 | 33502 | 203.17K | - | - | - | - | - |
| otherPayables | - | - | - | - | - | 31250 | 30500 | 29750 | 19250 | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | - | - | - | - | - | - | - | - | - | 18500 |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 25049 | 188.37K | 253K | 275.04K | 202.27K | - | - | - | - | 1500 |
| totalCurrentLiabilities | 105.04K | 230.44K | 273.19K | 308.54K | 405.44K | 31250 | 30500 | 29750 | 19250 | 20000 |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | - | - | - | - | - | - | - | - | - | - |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 105.04K | 230.44K | 273.19K | 308.54K | 405.44K | 31250 | 30500 | 29750 | 19250 | 20000 |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 9208 | 9208 | 9208 | 9208 | 9000 | 5499 | 5499 | 5499 | 5499 | 5499 |
| retainedEarnings | -1.1M | -1.2M | -1.14M | -1.01M | -904.57K | -86306 | -82684 | -78601 | -73211 | -71537 |
| additionalPaidInCapital | 1.63M | 1.63M | 1.63M | 1.63M | 762.58K | 53451 | 53451 | 53451 | 53451 | 53451 |
| date | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 101.02K | -53367 | -135.41K | -92236 | -142.38K | -3622 | -4083 | -5390 | -1674 | -6794 |
| depreciationAndAmortization | 1180 | 1180 | 1179 | 102 | - | 375 | 375 | 375 | 375 | 375 |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 42912 | 26149 | 8078 | 13361 | -51975 | 750 | 750 | 1500 | -19250 | -3500 |
| accountsReceivables | 37913 | 7579 | 1225 | - | -34628 | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | 14705 | - | - | - | - | - | - |
| otherWorkingCapital | 4999 | 18570 | 6853 | -1344 | -17347 | 750 | 750 | 1500 | -19250 | -3500 |
| otherNonCashItems | -163.32K | -64626 | -22043 | -64752 | 15107 | - | - | - | - | - |
| netCashProvidedByOperatingActivities | -18208 | -90664 | -148.2K | -143.52K | -179.25K | -2497 | -2958 | -3515 | -20549 | -9919 |
| investmentsInPropertyPlantAndEquipment | - | - | - | 30238 | -53835 | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | -2393 | -13542 | -543.09K | -23697 | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | -2393 | -13542 | -512.86K | -77532 | - | - | - | - | - |
| netDebtIssuance | - | - | -231 | - | 74369 | - | - | 9000 | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | -231 | - | 74369 | - | - | 9000 | - | - |
| netStockIssuance | - | - | - | 1.01M | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | 1.01M | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | 1.01M | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | - | - | -184.37K | - | - | - | - | 18500 | 15250 |
| netCashProvidedByFinancingActivities | - | - | -231 | 822.97K | 74369 | - | - | 9000 | 18500 | 15250 |