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 Pervasip.
Income Statement
| Breakdown | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 | November 30, 2019 | November 30, 2015 | November 30, 2014 | November 30, 2013 | November 30, 2012 | November 30, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.77M | $15.79M | $17.04M | $17.27M | $64.30K | $604.95K | $491.32K | $915.34K | $999.82K | $1.29M |
| Cost of Revenue | $13.91M | $16.06M | $15.02M | $16.67M | $53.70K | $457.21K | $287.03K | $422.80K | $447.43K | $767.82K |
| Gross Profit | $1.86M | $-275.33K | $2.03M | $595.41K | $10.60K | $147.75K | $204.29K | $492.55K | $552.39K | $523.97K |
| Gross Profit Ratio | 11.78% | -1.74% | 11.89% | 3.45% | 16.48% | 24.42% | 41.58% | 53.81% | 55.25% | 40.56% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $764.85K | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $8.26K | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $2.32M | $2.59M | $3.07M | $2.36M | $12.24K | $773.11K | $1.05M | $1.75M | $2.09M | $2.11M |
| Other Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $2.32M | $2.59M | $3.07M | $2.36M | $12.24K | $773.11K | $1.05M | $1.75M | $2.10M | $2.12M |
| Cost and Expenses | $16.23M | $18.65M | $18.09M | $19.03M | $65.95K | $1.23M | $1.34M | $2.17M | $2.55M | $2.89M |
| Interest Income | $- | $- | $- | $- | $118.77K | $- | $- | $- | $- | $- |
| Interest Expense | $1.17M | $622.74K | $274.14K | $660.58K | $1.41M | $1.41M | $1.84M | $3.22M | $2.20M | $3.58M |
| Depreciation and Amortization | $621.11K | $900.25K | $1.25M | $2.09M | $171.86K | $6.70K | $850.58K | $1.24M | $- | $-728.14K |
| EBITDA | $-366.37K | $-2.29M | $264.17K | $11.23M | $3.85M | $-618.66K | $2.23M | $4.86M | $-1.55M | $-871.83K |
| EBITDA Ratio | -2.32% | -14.52% | 1.55% | 65.04% | 5981.54% | -102.27% | 453.91% | 530.74% | -154.76% | -67.49% |
| Operating Income | $-460.04K | $-2.87M | $-1.05M | $-1.76M | $-1.65K | $-625.36K | $-850.58K | $-1.26M | $-1.55M | $-1.60M |
| Operating Income Ratio | -2.92% | -18.16% | -6.14% | -10.21% | -2.57% | -103.37% | -173.12% | -137.28% | -154.76% | -123.86% |
| Total Other Income Expenses Net | $-1.69M | $-860.46K | $-203.34K | $10.24M | $2.44M | $902.68K | $391.78K | $1.68M | $4.72M | $-2.85M |
| Income Before Tax | $-2.15M | $-3.73M | $-1.25M | $8.48M | $2.44M | $277.33K | $-458.80K | $61.35K | $3.17M | $-871.83K |
| Income Before Tax Ratio | -13.67% | -23.61% | -7.33% | 49.11% | 3793.06% | 45.84% | -93.38% | 6.70% | 317.45% | -67.49% |
| Income Tax Expense | $1.68M | $1.33M | $341.88K | $-166.49K | $-171.86K | $1.21M | $987.80K | $1.98M | $- | $3.58M |
| Net Income | $-2.35M | $-1.52M | $-130.62K | $11.57M | $2.44M | $485.72K | $-458.80K | $61.35K | $3.17M | $-4.45M |
| Net Income Ratio | -14.89% | -9.64% | -0.77% | 67.02% | 3793.06% | 80.29% | -93.38% | 6.70% | 317.45% | -344.47% |
| EPS | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $-0.10 |
| EPS Diluted | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $-0.10 |
| Weighted Average Shares Outstanding | 5.40B | 5.11B | 5.06B | 4.78B | 4.78B | 3.08B | 980.49M | 633.01M | 166.36M | 43.97M |
| Weighted Average Shares Outstanding Diluted | 5.40B | 5.11B | 5.06B | 5.27B | 9.41B | 22.43B | 980.49M | 1.83B | 383.70M | 43.97M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 | November 30, 2019 | November 30, 2015 | November 30, 2014 | November 30, 2013 | November 30, 2012 | November 30, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $73.44K | $178.95K | $551.79K | $440.16K | $758 | $8.98K | $1.83K | $17.24K | $12.37K | $9.61K |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $1.04M | $- | $- | $- |
| Cash and Short Term Investments | $73.44K | $178.95K | $551.79K | $440.16K | $758 | $8.98K | $1.83K | $17.24K | $12.37K | $9.61K |
| Net Receivables | $371.97K | $144.55K | $137.52K | $122.32K | $522.67K | $7.18K | $- | $67.92K | $75.49K | $109.68K |
| Inventory | $2.14M | $2.65M | $3.34M | $2.75M | $- | $127.65K | $- | $- | $- | $- |
| Other Current Assets | $204.87K | $255.35K | $734.62K | $326.67K | $1.81K | $221.91K | $1.04M | $26.12K | $20.56K | $44.61K |
| Total Current Assets | $2.79M | $3.23M | $4.76M | $3.64M | $525.24K | $365.73K | $1.05M | $111.28K | $108.42K | $163.90K |
| Property Plant Equipment Net | $7.10M | $8.14M | $6.14M | $8.37M | $- | $18.82K | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $500.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $500.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $74.50K | $287.50K | $249.50K | $- | $- | $60.00K | $- | $- | $- | $- |
| Tax Assets | $-500.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $647.58K | $1.04M | $1.04M | $1.04M | $- | $- | $7.12K | $90.11K | $69.66K | $- |
| Total Non-Current Assets | $7.82M | $9.46M | $7.43M | $9.41M | $- | $78.82K | $7.12K | $90.11K | $69.66K | $43.95K |
| Other Assets | $- | $- | $1 | $1 | $- | $- | $- | $- | $- | $- |
| Total Assets | $10.61M | $12.69M | $12.19M | $13.05M | $525.24K | $444.54K | $1.05M | $201.39K | $178.08K | $207.85K |
| Account Payables | $2.68M | $1.87M | $1.30M | $616.42K | $819.08K | $970.59K | $612.19K | $1.95M | $744.03K | $996.15K |
| Short Term Debt | $2.02M | $2.46M | $1.28M | $1.21M | $11.30M | $4.11M | $3.02M | $4.40M | $6.95M | $14.41M |
| Tax Payables | $3.07M | $1.57M | $404.37K | $89.64K | $- | $28.66K | $- | $- | $- | $- |
| Deferred Revenue | $3.07M | $1.41M | $438.82K | $5.32K | $- | $2.56M | $2.41M | $4.28M | $3.17M | $135.91K |
| Other Current Liabilities | $-1.69M | $-664.55K | $352.53K | $185.79K | $3.64M | $4.03M | $1.99M | $3.04M | $4.23M | $3.42M |
| Total Current Liabilities | $9.15M | $6.66M | $3.78M | $2.11M | $15.77M | $9.14M | $10.45M | $9.39M | $11.92M | $18.97M |
| Long Term Debt | $17.05M | $6.14M | $4.03M | $4.93M | $- | $409.61K | $- | $13.66K | $358.61K | $314.36K |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $3.17M | $3.12M | $2.81M | $2.76M | $- | $710 | $- | $1.31M | $- | $- |
| Total Non-Current Liabilities | $20.22M | $9.25M | $6.84M | $7.69M | $- | $410.32K | $- | $1.32M | $358.61K | $314.36K |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $29.37M | $15.91M | $10.62M | $9.80M | $15.77M | $9.55M | $10.45M | $10.71M | $12.28M | $19.28M |
| Preferred Stock | $8 | $8 | $8 | $- | $201 | $206 | $- | $- | $- | $- |
| Common Stock | $54.29K | $53.29K | $49.79K | $47.78K | $47.78K | $36.52K | $11.95K | $799.55K | $303.19K | $99.49K |
| Retained Earnings | $-5.31M | $9.02M | $10.54M | $10.11M | $-59.78M | $-51.38M | $-51.76M | $-51.74M | $-51.63M | $-54.80M |
| Accumulated Other Comprehensive Income Loss | $-54.29K | $-53.29K | $-49.79K | $- | $-47.78K | $- | $601.18K | $1.18K | $1.21K | $2.23K |
| Other Total Stockholders Equity | $600.26K | $-987.16K | $-1.32M | $-564.48K | $44.54M | $42.45M | $41.75M | $39.99M | $39.39M | $35.62M |
| Total Stockholders Equity | $-4.71M | $8.03M | $9.22M | $9.59M | $-15.24M | $-8.89M | $-9.40M | $-10.51M | $-12.11M | $-19.08M |
| Total Equity | $-18.76M | $-3.22M | $1.57M | $3.25M | $-15.24M | $-9.10M | $-9.40M | $-10.51M | $-12.11M | $-19.08M |
| Total Liabilities and Stockholders Equity | $10.61M | $12.69M | $12.19M | $13.05M | $525.24K | $444.54K | $1.05M | $201.39K | $178.08K | $207.85K |
| Minority Interest | $-14.06M | $-11.25M | $-7.65M | $-6.34M | $- | $-208.40K | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $10.61M | $12.69M | $12.19M | $13.05M | $525.24K | $444.54K | $1.05M | $201.39K | $178.08K | $207.85K |
| Total Investments | $74.50K | $287.50K | $249.50K | $- | $- | $60.00K | $1.04M | $- | $- | $- |
| Total Debt | $19.08M | $8.60M | $5.32M | $6.15M | $11.30M | $4.52M | $5.44M | $3.78M | $7.80M | $14.73M |
| Net Debt | $19.00M | $8.42M | $4.77M | $5.71M | $11.30M | $4.51M | $5.43M | $3.76M | $7.79M | $14.72M |
Cash Flow Statement
| Breakdown | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 | November 30, 2019 | November 30, 2015 | November 30, 2014 | November 30, 2013 | November 30, 2012 | November 30, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-2.35M | $-1.52M | $-130.62K | $11.57M | $2.44M | $277.33K | $-458.80K | $61.35K | $3.17M | $-4.45M |
| Depreciation and Amortization | $621.11K | $900.25K | $1.25M | $2.09M | $- | $6.70K | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $-3.89M | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $79.00K | $25.87K | $26.58K | $129.94K | $144.67K |
| Change in Working Capital | $2.82M | $3.18M | $501.41K | $1.15M | $1.19M | $-124.10K | $1.08M | $1.24M | $872.75K | $2.27M |
| Accounts Receivables | $-343.69K | $-12.63K | $-82.19K | $-39.73K | $345.73K | $14.49K | $50.52K | $5.20K | $28.57K | $-32.46K |
| Inventory | $489.17K | $683.54K | $-350.50K | $993.01K | $- | $90.50K | $- | $- | $- | $-3.65K |
| Accounts Payables | $806.10K | $576.17K | $559.47K | $435.50K | $841.96K | $-635.11K | $924.39K | $1.10M | $845.83K | $2.30M |
| Other Working Capital | $1.87M | $1.94M | $374.63K | $-241.26K | $- | $812.04K | $1.03M | $1.23M | $-1.65K | $-3.78K |
| Other Non Cash Items | $-685.92K | $-2.84M | $1.02M | $-11.68M | $-4.81M | $-830.52K | $-909.86K | $-2.18M | $-5.05M | $1.41M |
| Net Cash Provided by Operating Activities | $409.51K | $-827.07K | $261.83K | $342.06K | $235 | $-591.60K | $-265.00K | $-855.51K | $-869.62K | $-624.70K |
| Investments in Property Plant and Equipment | $-90.87K | $-480.38K | $-116.32K | $-190.07K | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $1.20K | $- | $- | $16.02K | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $-60.00K | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $-1 | $- | $- | $-60.00K | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $-90.87K | $-480.38K | $-115.12K | $-190.07K | $- | $-43.98K | $- | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- | $632.73K | $249.59K | $792.38K | $291.37K | $385.15K |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $68.00K | $581.00K | $210.00K |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-424.15K | $934.60K | $-6.43K | $3.04K | $- | $10.00K | $- | $- | $- | $7.50K |
| Net Cash Used Provided by Financing Activities | $-424.15K | $934.60K | $-6.43K | $3.04K | $- | $642.73K | $249.59K | $860.38K | $872.37K | $602.65K |
| Effect of Forex Changes on Cash | $- | $- | $-28.65K | $284.37K | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-105.51K | $-372.84K | $111.64K | $439.40K | $-228.22K | $7.15K | $-15.41K | $4.88K | $2.76K | $-22.05K |
| Cash at End of Period | $73.44K | $178.95K | $551.79K | $440.16K | $758 | $8.98K | $1.83K | $17.24K | $12.37K | $9.61K |
| Cash at Beginning of Period | $178.95K | $551.79K | $440.16K | $758 | $228.98K | $1.83K | $17.24K | $12.37K | $9.61K | $31.65K |
| Operating Cash Flow | $409.51K | $-827.07K | $261.83K | $342.06K | $235 | $-591.60K | $-265.00K | $-855.51K | $-869.62K | $-624.70K |
| Capital Expenditure | $-90.87K | $-480.38K | $-116.32K | $-190.07K | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $318.64K | $-1.31M | $145.51K | $151.99K | $235 | $-591.60K | $-265.00K | $-855.51K | $-869.62K | $-624.70K |