Is Formcap Corp. (FRMC) a Buy, Sell, or Hold?
OTC : FRMC
Formcap Corp. — Financials
$0.0021 USD
$0 (0.0%)
- Volume
- 100
- Average Volume
- 130
- Market Capitalization
- $19.37K
- P/E Ratio
- -0.01
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.00
- Year Low
- $0.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.02
FRMC Financial Statements
| date | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 115.77K | 112.2K | 109.4K | 181.49K | 591.52K | 356.42K | 105.16K | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 115.77K | 112.2K | 109.4K | 181.49K | 591.52K | 356.42K | 105.16K | 5259 | 6915 | 12159 |
| otherExpenses | 516.8K | - | - | - | 48000 | 361.5K | - | - | - | - |
| operatingExpenses | 632.57K | 112.2K | 109.4K | 181.49K | 639.52K | 717.92K | 105.16K | 37757 | 6915 | 12159 |
| costAndExpenses | 632.57K | 112.2K | 109.4K | 181.49K | 639.52K | 717.92K | 105.16K | 37757 | -6915 | -12159 |
| netInterestIncome | - | -10 | -43 | -13800 | -506K | -274K | - | - | - | - |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | - | 10 | 43 | 13800 | 506.06K | 274.15K | - | - | - | - |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| ebitda | -8.61M | -2.39M | -109K | 105.37K | -592K | -3.35M | -105K | -37757 | -6915 | -12159 |
| ebit | -8.61M | -2.39M | -109K | 105.37K | -592K | -3.35M | -105K | -37757 | -6915 | -12159 |
| nonOperatingIncomeExcludingInterest | 7.98M | 2.27M | - | -287K | -48000 | 2.63M | - | - | - | - |
| operatingIncome | -633K | -112K | -109K | -181K | -640K | -718K | -105K | -37402 | -6915 | -12159 |
| totalOtherIncomeExpensesNet | -7.98M | -2.27M | -43 | 273.06K | -458K | -2.91M | - | - | - | - |
| incomeBeforeTax | -8.61M | -2.39M | -109K | 91569 | -1.1M | -3.63M | -105K | - | -6915 | -12159 |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -8.61M | -2.39M | -109K | 91569 | -1.1M | -3.63M | -105K | -37757 | -6915 | -12159 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -8.61M | -2.39M | -109K | 91569 | -1.1M | -3.63M | -105K | -37757 | -6915 | -12159 |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -8.61M | -2.39M | -109K | 91569 | -1.1M | -3.63M | -105K | -37757 | -6915 | -12159 |
| eps | -0.29 | -0.05 | -0.5 | 0.9 | -10 | -30 | -2.03 | -2.04 | -1 | -1 |
| date | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 278 | 910 | 48 | 504 | 166 | 1357 | 331 | 2799 |
| shortTermInvestments | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 278 | 910 | 48 | 504 | 166 | 1357 | 331 | 2799 |
| netReceivables | 8170 | 9266 | - | - | - | - | - | - |
| accountsReceivables | 8170 | 9266 | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - |
| prepaids | 6875 | - | - | 64167 | 50000 | 157.9K | - | 2700 |
| otherCurrentAssets | - | - | - | - | - | - | - | - |
| totalCurrentAssets | 15323 | 10176 | 48 | 64671 | 50166 | 159.26K | 331 | 5499 |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - |
| intangibleAssets | - | 101.8K | - | - | 250K | 250K | - | - |
| goodwillAndIntangibleAssets | - | 101.8K | - | - | 250K | 250K | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - |
| totalNonCurrentAssets | - | 101.8K | - | - | 250K | 250K | - | - |
| otherAssets | - | - | - | - | - | - | - | - |
| totalAssets | 15323 | 111.98K | 48 | 64671 | 300.17K | 409.26K | 331 | 5499 |
| totalPayables | 373.96K | 347.8K | 808.1K | 693.2K | 812.32K | 406.38K | 753.55K | 793.17K |
| accountPayables | 23107 | 101.3K | 646.6K | 172.34K | 360.81K | 150.52K | 12300 | 658.17K |
| otherPayables | 350.86K | 246.5K | 161.5K | 520.85K | 451.51K | 255.87K | 741.25K | 135K |
| accruedExpenses | - | - | - | - | - | - | - | - |
| shortTermDebt | 290.65K | 239.44K | 78653 | 70084 | 483.02K | 405.1K | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | - | - | -78653 | - | - | 2831 | 135K | - |
| totalCurrentLiabilities | 664.61K | 587.24K | 808.1K | 763.28K | 1.3M | 814.31K | 888.55K | 793.17K |
| longTermDebt | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | - | - | - | - | - | - | - | - |
| otherLiabilities | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - |
| totalLiabilities | 664.61K | 587.24K | 808.1K | 763.28K | 1.3M | 814.31K | 888.55K | 793.17K |
| treasuryStock | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - |
| commonStock | 88767 | 9224 | 2038 | 2016 | 45789 | 44439 | 161K | 10499 |
| retainedEarnings | -22.97M | -14.36M | -11.97M | -11.86M | -11.95M | -10.85M | -7.23M | -7.12M |
| additionalPaidInCapital | 22.23M | 13.89M | 11.18M | 11.18M | 10.93M | 10.42M | 6.33M | 6.32M |
| date | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
|---|---|---|---|---|---|---|---|---|
| netIncome | -8.61M | -2.39M | -109.44K | 91569 | -1.1M | -3.63M | -105.16K | -37757 |
| depreciationAndAmortization | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 30388 | 34087 | -2508 | -31613 | 210.3K | -8198 | 15000 | -116.69K |
| accountsReceivables | 1096 | -9266 | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | -78040 |
| otherWorkingCapital | 29292 | 43353 | -2508 | -31613 | 210.3K | -8198 | 15000 | -38646 |
| otherNonCashItems | 8.58M | 2.27M | 100.08K | -114.23K | 670.26K | 3.33M | - | - |
| netCashProvidedByOperatingActivities | 2368 | -78126 | -11873 | -54272 | -217.02K | -304.68K | -90158 | -154.44K |
| investmentsInPropertyPlantAndEquipment | - | -6802 | - | - | - | -350K | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | -6802 | - | - | - | -350K | - | - |
| netDebtIssuance | -3000 | 70790 | 5000 | 47059 | 67594 | 450.47K | - | 157K |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | -3000 | 70790 | 5000 | 47059 | 67594 | 450.47K | - | 157K |
| netStockIssuance | - | - | - | - | - | 15000 | 5000 | 157K |
| netCommonStockIssuance | - | - | - | - | - | 15000 | 5000 | 157K |
| commonStockIssuance | - | - | - | - | - | 15000 | 155K | 157K |
| commonStockRepurchased | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | 15000 | 6417 | 7551 | 148.24K | 190.24K | 82741 | -157K |
| netCashProvidedByFinancingActivities | -3000 | 85790 | 11417 | 54610 | 215.83K | 655.7K | 87741 | 157K |
| date | 2017-06-30 | 2016-09-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | 125 | 925 | 1002 | 2194 | 10053 | 7070 | 79010 | 11975 | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 350 | 125 | 925 | 1002 | 2194 | 10053 | 7070 | 79010 | 11975 | 17715 |
| otherExpenses | 4 | - | - | 24 | 53 | 154 | 149.8K | 367K | - | - |
| operatingExpenses | 354 | 125 | 925 | 1026 | 2247 | 10207 | 156.87K | 446.01K | 11975 | 17715 |
| costAndExpenses | 354 | 125 | 925 | 1026 | 2247 | 10207 | 156.87K | 446.01K | 11975 | 17715 |
| netInterestIncome | -4 | - | - | -24 | -52 | -154 | - | - | - | - |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | 4 | - | - | 24 | 52 | 154 | - | - | - | - |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| ebitda | -350 | -125 | -925 | -1002 | -2195 | -10053 | -1.01M | -5.93M | -11975 | -17715 |
| ebit | -350 | -125 | -925 | -1002 | -2195 | -10053 | -1.01M | -5.93M | -11975 | -17715 |
| nonOperatingIncomeExcludingInterest | -4 | - | - | -24 | -52 | -154 | 855.41K | 5.48M | - | - |
| operatingIncome | -354 | -125 | -925 | -1026 | -2247 | -10207 | -157K | -446K | -11975 | -17715 |
| totalOtherIncomeExpensesNet | -4 | - | - | - | - | - | -855K | -5.48M | - | -1.64M |
| incomeBeforeTax | -354 | -125 | -925 | -1026 | -2247 | -10207 | -1.01M | -5.93M | -11975 | -1.66M |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -354 | -125 | -925 | -1026 | -2247 | -10207 | -1.01M | -5.93M | -11975 | -1.66M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -354 | -125 | -925 | -1026 | -2247 | -10207 | -1.01M | -5.93M | -11975 | -1.66M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -354 | -125 | -925 | -1026 | -2247 | -10207 | -1.01M | -5.93M | -11975 | -1.66M |
| eps | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.02 | -1 | -0.0 | -0.16 |
| date | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 2 | 2 | 2 | 2 | 2 | 2 | 27 | 66 | 278 | 499 |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 2 | 2 | 2 | 2 | 2 | 2 | 27 | 66 | 278 | 499 |
| netReceivables | 8170 | 8170 | 8170 | 8170 | 8170 | 8170 | 8170 | 8170 | 8170 | 8902 |
| accountsReceivables | 8170 | 8170 | 8170 | 8170 | 8170 | 8170 | 8170 | 8170 | 8170 | 8902 |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | 6875 | 6875 | 6875 | 6875 | 6875 | 6875 | 6875 | 6875 | 6875 | - |
| otherCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalCurrentAssets | 15047 | 15047 | 15047 | 15047 | 15047 | 15047 | 15072 | 15111 | 15323 | 9401 |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | 516.8K |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentAssets | - | - | - | - | - | - | - | - | - | 516.8K |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 15047 | 15047 | 15047 | 15047 | 15047 | 15047 | 15072 | 15111 | 15323 | 526.2K |
| totalPayables | 364.22K | 363.87K | 363.87K | 363.74K | 363.74K | 362.82K | 413.88K | 425.47K | 373.96K | 368.27K |
| accountPayables | 146.23K | 147.06K | 147.06K | 146.93K | 146.93K | 146.01K | 198.02K | 209.61K | 23107 | 256.77K |
| otherPayables | 218K | 216.81K | 216.81K | 216.81K | 216.81K | 216.81K | 215.86K | 215.86K | 350.86K | 111.5K |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 315K | 315K | 315K | 315K | 315K | 315K | 262.94K | 249.14K | 290.65K | 371.94K |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 1 | 252.37K | - | - | - | - | - | - | - | - |
| totalCurrentLiabilities | 679.22K | 678.87K | 678.87K | 678.74K | 678.74K | 677.82K | 676.82K | 674.61K | 664.61K | 740.22K |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | -1 | - | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | -1 | - | - | - | - | - | - | - | - | - |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 679.22K | 678.87K | 678.87K | 678.74K | 678.74K | 677.82K | 676.82K | 674.61K | 664.61K | 740.22K |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 88767 | 88767 | 88767 | 88767 | 88767 | 88767 | 88767 | 88767 | 88767 | 60804 |
| retainedEarnings | -22.98M | -22.98M | -22.98M | -22.98M | -22.98M | -22.98M | -22.98M | -22.98M | -22.97M | -21.95M |
| additionalPaidInCapital | 22.23M | 22.23M | 22.23M | 22.23M | 22.23M | 22.23M | 22.23M | 22.23M | 22.23M | 21.7M |
| date | 2017-06-30 | 2016-09-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -354 | -125 | -925 | -1026 | -2247 | -10207 | -1.01M | -5.93M | -11975 | -1.66M |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 354 | 125 | 925 | 1026 | 2246 | 10207 | 9549 | 381.06K | 5487 | 12627 |
| accountsReceivables | - | - | - | - | - | - | - | 367K | -264 | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | 354 | 125 | 925 | 1026 | 2246 | 10207 | 9549 | 14060 | 5751 | 12627 |
| otherNonCashItems | - | - | - | - | 1 | - | 1.04M | - | - | 1.64M |
| netCashProvidedByOperatingActivities | - | - | - | - | - | - | 35279 | -5.55M | -6488 | -5088 |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netDebtIssuance | - | - | - | - | - | - | -35500 | - | - | 11000 |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | 11000 |
| shortTermNetDebtIssuance | - | - | - | - | - | - | -35500 | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | 50580 | -92014 | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | 50580 | -92014 | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | -92014 | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | - | - | - | - | - | - | 5.5M | 92014 | - |
| netCashProvidedByFinancingActivities | - | - | - | - | - | - | -35500 | 5.55M | - | 11000 |