Financial Statements

SGOCO Group, Ltd. (SGOC)

$6.2

-0.02 (-0.32%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017 2016
Retained Earnings (Previous Year) 2214152-
Net Income -68-19-12-11-5
Stock Dividends 01-7-57
Dividend Paid -----
Retained Earnings -652214152

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 585810-
Annual Depreciation -606010
Capital Expenditure -0-1-2--
Net PPE 52585810

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) -3750214
New Purchases -----
Intangible and Goodwill 37502145

SGOCO Group, Ltd. 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 SGOCO Group, Ltd. 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.