FEXD · Fintech Ecosystem Development Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | $0 | $324.0K | - | - | - | - |
| Total Operating Expenses | $1.67M | $616.7K | - | $875.0K | $82 | $205.9K | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - |
| Operating Income | $820.0K | $1.35M | - | - | - | - | - | - | - |
| Interest Expense | $16.2K | $0 | - | - | - | - | - | - | - |
| Income Tax | $172.5K | $0 | - | - | - | - | - | - | - |
| Net Income | ($577.8K) | $692.5K | - | $231.0K | $820.0K | $1.35M | - | $0 | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.3K | $198.1K | $10.3K | $20.9K | $612.8K | $198.1K | $612.8K | $491 | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - |
| Current Assets | $40.9K | $47.9K | $49.3K | $72.6K | $104.1K | $337.3K | $699.3K | $199.5K | - |
| Total Assets | $42.62M | $121.28M | $119.03M | $116.92M | $116.44M | $116.53M | $116.89M | $199.5K | - |
| Current Liabilities | $3.79M | $2.51M | $1.81M | $921.6K | $88.4K | $10.4K | $179.4K | $175.4K | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $7.89M | $7.02M | $6.59M | $6.98M | $6.72M | $7.63M | $9.35M | - | - |
| Stockholders' Equity | ($6.82M) | ($6.38M) | ($5.95M) | ($6.90M) | ($6.44M) | ($7.26M) | ($8.61M) | $24.1K | $0 |
| Retained Earnings | ($6.82M) | ($6.38M) | ($5.95M) | ($6.90M) | ($6.44M) | ($7.26M) | ($8.61M) | ($933) | - |
Cash Flow
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($325.1K) | - | - | - | ($414.6K) | - | - | - |
| Investing Cash Flow | - | $0 | - | - | - | - | - | - | - |
| Financing Cash Flow | - | $1.48M | - | - | - | $0 | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||
| Gross margin | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | 0.0% | - | - | - | - | - | - | - |
| Return on assets | -1.4% | 0.6% | - | 0.2% | 0.7% | 1.2% | - | 0.0% | - |
| Return on equity | 8.5% | -10.9% | - | -3.3% | -12.7% | -18.7% | - | 0.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - |
| Liquidity | |||||||||
| Current ratio | 0.01 | 0.02 | 0.03 | 0.08 | 1.18 | 32.43 | 3.90 | 1.14 | - |
| Quick ratio | 0.01 | 0.02 | 0.03 | 0.08 | 1.18 | 32.43 | 3.90 | 1.14 | - |
| Cash ratio | 0.00 | 0.08 | 0.01 | 0.02 | 6.93 | 19.05 | 3.42 | 0.00 | - |
| Leverage | |||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest coverage | 50.6x | - | - | - | - | - | - | - | - |
| Equity multiplier | -6.25 | -19.01 | -20.02 | -16.94 | -18.09 | -16.06 | -13.58 | 8.29 | - |
| Liabilities / Assets | 0.19 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.08 | - | - |
| Efficiency | |||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - |
| Valuation | |||||||||
| P / E | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - |
| Growth | |||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | - | -48.8% | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -6.0% | 12.1% | 30.9% | - | - | - | - | - | - |
Peer comparison
Same SIC group: Loan Brokers
Comparing Fintech Ecosystem Development Corp. against the 4 most active filers in the same SIC group.