NIP Group (NIPG) Financial Statements

Price: $1.594
Market Cap: $59.06M
Avg Volume: 265.46K
Country: SE
Industry: Entertainment
Sector: Communication Services
Beta: 0.5261988
52W Range: $0.99-17.76
Website: NIP Group

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of NIP Group.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.0020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Operating Expenses
Operating Income
Operating Expenses & Income$27.00M$27.00M$18.00M$18.00M$9.00M$9.00M$0.00$0.00-$9.00M-$9.00M-$18.00M-$18.00M20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $83.67M $65.84M $31.80M $5.67M
Cost of Revenue $76.47M $62.09M $32.40M $4.73M
Gross Profit $7.20M $3.74M $-593.12K $942.63K
Gross Profit Ratio 8.60% 5.68% -1.87% 16.61%
Research and Development Expenses $- $- $- $-
General and Administrative Expenses $15.27M $7.82M $5.22M $2.45M
Selling and Marketing Expenses $6.58M $7.21M $2.64M $1.37M
Selling General and Administrative Expenses $21.85M $11.82M $7.86M $3.82M
Other Expenses $- $1.99M $897.29K $-24.18K
Operating Expenses $21.85M $11.82M $7.86M $3.82M
Cost and Expenses $98.32M $73.92M $40.25M $8.55M
Interest Income $- $- $- $-
Interest Expense $523.32K $460.00K $519.50K $178.25K
Depreciation and Amortization $6.53M $5.49M $3.48M $313.12K
EBITDA $-7.40M $-2.59M $-4.97M $-2.57M
EBITDA Ratio -8.85% -3.93% -15.64% -45.23%
Operating Income $-14.65M $-8.08M $-8.45M $-2.88M
Operating Income Ratio -17.51% -12.27% -26.57% -50.75%
Total Other Income Expenses Net $193.24K $1.13M $377.79K $-202.43K
Income Before Tax $-14.46M $-6.45M $-8.07M $-3.08M
Income Before Tax Ratio -17.28% -9.79% -25.39% -54.32%
Income Tax Expense $-1.20M $-139.45K $65.89K $130.21K
Net Income $-13.26M $-6.22M $-8.00M $-3.21M
Net Income Ratio -15.85% -9.44% -25.16% -56.61%
EPS $-1.02 $-0.11 $-0.14 $-0.06
EPS Diluted $-1.02 $-0.11 $-0.14 $-0.06
Weighted Average Shares Outstanding 56.06M 56.06M 56.06M 56.06M
Weighted Average Shares Outstanding Diluted 56.06M 56.06M 56.06M 56.06M
SEC Filing Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$320.00M$320.00M$240.00M$240.00M$160.00M$160.00M$80.00M$80.00M$0.00$0.0020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Equity$300.00M$300.00M$240.00M$240.00M$180.00M$180.00M$120.00M$120.00M$60.00M$60.00M$0.00$0.0020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $7.59M $9.59M $11.41M $5.05M
Short Term Investments $- $406.96K $813.09K $12.76K
Cash and Short Term Investments $7.59M $9.59M $11.41M $5.05M
Net Receivables $19.15M $15.55M $15.91M $853.86K
Inventory $165.51K $480.29K $670.82K $22.61K
Other Current Assets $2.44M $2.03M $1.63M $511.92K
Total Current Assets $29.35M $32.84M $28.99M $6.44M
Property Plant Equipment Net $5.04M $4.70M $3.56M $108.77K
Goodwill $141.40M $29.83M $32.28M $-
Intangible Assets $133.97M $65.38M $75.42M $13.37M
Goodwill and Intangible Assets $275.37M $95.21M $107.70M $13.37M
Long Term Investments $- $3.28K $593 $1.56K
Tax Assets $550.79K $5.00K $536.86K $541.49K
Other Non-Current Assets $3.52M $1.18M $-1 $-
Total Non-Current Assets $284.49M $101.10M $111.80M $14.02M
Other Assets $- $1 $1 $-
Total Assets $313.84M $133.94M $140.79M $20.47M
Account Payables $12.73M $9.53M $9.14M $1.98M
Short Term Debt $6.25M $6.79M $2.67M $-
Tax Payables $1.10M $936.40K $770.98K $8.21K
Deferred Revenue $500.79K $208.69K $3.42M $8.21K
Other Current Liabilities $8.20M $11.05M $17.36M $4.57M
Total Current Liabilities $28.78M $28.52M $33.36M $6.56M
Long Term Debt $5.19M $1.57M $1.42M $-
Deferred Revenue Non-Current $- $1.57M $- $-
Deferred Tax Liabilities Non-Current $24.66M $10.85M $12.80M $-
Other Non-Current Liabilities $2.47M $3.54M $4.65M $-
Total Non-Current Liabilities $32.32M $15.96M $18.87M $20.78M
Other Liabilities $- $1 $1 $-20.78M
Total Liabilities $61.10M $44.48M $52.23M $6.56M
Preferred Stock $322.54M $113.46M $80.05M $20.78M
Common Stock $3.72K $3.28K $2.75K $1.56K
Retained Earnings $-80.30M $-29.25M $-14.67M $-6.60M
Accumulated Other Comprehensive Income Loss $5.50M $244.53K $66.55K $-279.30K
Other Total Stockholders Equity $-3.72K $-3.28K $-2.16K $-1.56K
Total Stockholders Equity $247.74M $84.46M $82.22M $13.90M
Total Equity $252.74M $89.46M $88.56M $13.90M
Total Liabilities and Stockholders Equity $313.84M $133.94M $140.79M $20.47M
Minority Interest $5.00M $5.00M $6.35M $-
Total Liabilities and Total Equity $313.84M $133.94M $140.79M $20.47M
Total Investments $3.72K $3.28K $593 $1.56K
Total Debt $11.44M $14.14M $15.59M $491.95K
Net Debt $3.84M $4.55M $4.18M $-4.56M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$8.00M$8.00M$4.00M$4.00M$0.00$0.00-$4.00M-$4.00M-$8.00M-$8.00M-$12.00M-$12.00M20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Financing Cash Flow$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.00-$3.00M-$3.00M20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-13.26M $-6.22M $-8.00M $-3.21M
Depreciation and Amortization $6.53M $5.49M $3.48M $313.12K
Deferred Income Tax $-1.38M $-502.80K $60.43K $130.21K
Stock Based Compensation $6.12M $165.72K $455.75K $2.63M
Change in Working Capital $-3.49M $-8.47M $4.43M $668.58K
Accounts Receivables $-3.37M $-6.46M $-4.50M $-158.81K
Inventory $14.60K $343.79K $-339.68K $11.63K
Accounts Payables $2.87M $4.12M $2.88M $811.75K
Other Working Capital $-3.01M $-6.13M $6.06M $15.63K
Other Non Cash Items $325.12K $13.39M $8.94M $2.60M
Net Cash Provided by Operating Activities $-5.15M $-9.63M $331.54K $529.78K
Investments in Property Plant and Equipment $-95.92K $-6.54M $-9.65M $-1.94M
Acquisitions Net $1.71M $-558.76K $355.41K $9.28K
Purchases of Investments $- $- $- $-
Sales Maturities of Investments $- $- $- $-
Other Investing Activities $559.08K $4.78M $16.46M $21.00K
Net Cash Used for Investing Activities $2.17M $-2.31M $7.16M $-1.91M
Debt Repayment $-218.01K $-89.17K $-2.72M $-
Common Stock Issued $3.00M $12.01M $1.56M $-
Common Stock Repurchased $- $-1.49M $- $-
Dividends Paid $- $- $- $-
Other Financing Activities $-1.42M $10.47M $1.56M $-
Net Cash Used Provided by Financing Activities $1.36M $10.38M $-1.16M $-
Effect of Forex Changes on Cash $-374.03K $-261.90K $22.43K $97.90K
Net Change in Cash $-1.99M $-1.82M $6.36M $-1.29M
Cash at End of Period $7.59M $9.59M $11.41M $5.05M
Cash at Beginning of Period $9.59M $11.41M $5.05M $6.34M
Operating Cash Flow $-5.15M $-9.63M $331.54K $529.78K
Capital Expenditure $-3.59M $-6.54M $-9.65M $-1.94M
Free Cash Flow $-8.75M $-16.16M $-9.32M $-1.41M