Financial Statements

Mainstreet Equity Corp. (MEQ.TO)


+0.21 (+0.19%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 841774723650-
Net Income 22669597391
Stock Dividends -0-2-8-0559
Dividend Paid -----
Retained Earnings 1,066841774723650

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 7655-
Annual Depreciation 231061479482
Capital Expenditure -23-106-146-94-77
Net PPE 77655

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
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.