Financial Statements

Mainstreet Equity Corp. (MEQ.TO)

$127.75

-0.47 (-0.37%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 1,066841774723-
Net Income 121226695973
Stock Dividends -2-0-2-8650
Dividend Paid -----
Retained Earnings 1,1841,066841774723

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 7765-
Annual Depreciation 11146
Capital Expenditure -1-1-1-3-1
Net PPE 77765

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

Mainstreet Equity Corp. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Mainstreet Equity Corp. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.