Is Fintech Ecosystem Development Corp. (FEXD) a Buy, Sell, or Hold?
NASDAQ : FEXD
Fintech Ecosystem Development Corp. — Financials
$10.86 USD
-$0.03 (-0.28%)
- Volume
- 4.64K
- Average Volume
- 943
- Market Capitalization
- $74.36M
- P/E Ratio
- 40.22
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $12.51
- Year Low
- $10.67
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.03
FEXD Financial Statements
| date | 2022-12-31 | 2021-12-31 |
|---|---|---|
| revenue | - | - |
| costOfRevenue | - | - |
| grossProfit | -2.03M | - |
| researchAndDevelopmentExpenses | - | - |
| generalAndAdministrativeExpenses | 2.03M | - |
| sellingAndMarketingExpenses | - | - |
| sellingGeneralAndAdministrativeExpenses | 2.03M | 243.85K |
| otherExpenses | - | - |
| operatingExpenses | 2.03M | 243.85K |
| costAndExpenses | 2.03M | 243.85K |
| netInterestIncome | 1.68M | 2113 |
| interestIncome | 1.68M | 2113 |
| interestExpense | - | - |
| depreciationAndAmortization | 2027.39 | 292.62 |
| ebitda | -6.5M | -243.71K |
| ebit | - | -244K |
| nonOperatingIncomeExcludingInterest | - | - |
| operatingIncome | -4.06M | -244K |
| totalOtherIncomeExpensesNet | 6.16M | -1.64M |
| incomeBeforeTax | 4.13M | -1.88M |
| incomeTaxExpense | 290.34K | - |
| netIncomeFromContinuingOperations | 3.84M | -1.88M |
| netIncomeFromDiscontinuedOperations | - | - |
| otherAdjustmentsToNetIncome | - | - |
| netIncome | 3.84M | -1.88M |
| netIncomeDeductions | - | - |
| bottomLineNetIncome | 3.84M | -1.88M |
| eps | 0.27 | -0.13 |
| date | 2022-12-31 | 2021-12-31 |
|---|---|---|
| cashAndCashEquivalents | 10335 | 612.75K |
| shortTermInvestments | - | - |
| cashAndShortTermInvestments | 10335 | 612.75K |
| netReceivables | - | - |
| accountsReceivables | - | - |
| otherReceivables | - | - |
| inventory | - | - |
| prepaids | - | - |
| otherCurrentAssets | 38951 | 86557 |
| totalCurrentAssets | 49286 | 699.31K |
| propertyPlantEquipmentNet | - | - |
| goodwill | - | - |
| intangibleAssets | - | - |
| goodwillAndIntangibleAssets | - | - |
| longTermInvestments | 118.99M | - |
| taxAssets | - | - |
| otherNonCurrentAssets | - | 116.19M |
| totalNonCurrentAssets | 118.99M | 116.19M |
| otherAssets | - | - |
| totalAssets | 119.03M | 116.89M |
| totalPayables | 1.28M | 179.37K |
| accountPayables | 990.6K | 179.37K |
| otherPayables | 290.34K | - |
| accruedExpenses | - | - |
| shortTermDebt | 527.5K | - |
| capitalLeaseObligationsCurrent | - | - |
| taxPayables | 290.34K | - |
| deferredRevenue | - | - |
| otherCurrentLiabilities | - | - |
| totalCurrentLiabilities | 1.81M | 179.37K |
| longTermDebt | - | - |
| capitalLeaseObligationsNonCurrent | - | - |
| deferredRevenueNonCurrent | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - |
| otherNonCurrentLiabilities | 4.78M | 9.17M |
| totalNonCurrentLiabilities | 4.78M | 9.17M |
| otherLiabilities | - | - |
| capitalLeaseObligations | - | - |
| totalLiabilities | 6.59M | 9.35M |
| treasuryStock | - | - |
| preferredStock | - | - |
| commonStock | 118.39M | 116.15M |
| retainedEarnings | -5.95M | -8.61M |
| additionalPaidInCapital | - | - |
| date | 2022-12-31 | 2021-12-31 |
|---|---|---|
| netIncome | 3.84M | -1.88M |
| depreciationAndAmortization | - | - |
| deferredIncomeTax | - | - |
| stockBasedCompensation | - | - |
| changeInWorkingCapital | 1.19M | 54181 |
| accountsReceivables | - | - |
| inventory | - | - |
| accountsPayables | 811.23K | 179.37K |
| otherWorkingCapital | 376.58K | 54181 |
| otherNonCashItems | -6.15M | 1.64M |
| netCashProvidedByOperatingActivities | -1.12M | -189.67K |
| investmentsInPropertyPlantAndEquipment | - | - |
| acquisitionsNet | - | - |
| purchasesOfInvestments | - | - |
| salesMaturitiesOfInvestments | - | - |
| otherInvestingActivities | -1.15M | -116.15M |
| netCashProvidedByInvestingActivities | -1.15M | -116.15M |
| netDebtIssuance | 519.96K | - |
| longTermNetDebtIssuance | -43 | - |
| shortTermNetDebtIssuance | 519.96K | - |
| netStockIssuance | - | - |
| netCommonStockIssuance | - | - |
| commonStockIssuance | 1.15M | 114.6M |
| commonStockRepurchased | - | - |
| netPreferredStockIssuance | - | - |
| netDividendsPaid | - | - |
| commonDividendsPaid | - | - |
| preferredDividendsPaid | - | - |
| otherFinancingActivities | 1.15M | 116.95M |
| netCashProvidedByFinancingActivities | 1.67M | 116.95M |
| date | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | 616.74K | - | - | - | - | - | - | - |
| grossProfit | - | -617K | -2.03M | - | - | -206K | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 1.67M | 616.74K | 622.44K | 874.97K | 324.04K | 205.94K | 933 | 82 | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | 241.98K | - | - |
| sellingGeneralAndAdministrativeExpenses | 1.67M | 616.74K | 622.44K | 874.97K | 324.04K | 205.94K | 242.92K | 82 | 851 |
| otherExpenses | - | 616.74K | - | - | - | - | - | - | - |
| operatingExpenses | 1.67M | 616.74K | 622.44K | 874.97K | 324.04K | 205.94K | 242.92K | 82 | 851 |
| costAndExpenses | 1.67M | 616.74K | 622.44K | 874.97K | 324.04K | 205.94K | 242.92K | 82 | 851 |
| netInterestIncome | 855K | -10908 | - | 524.26K | 156.84K | 11696 | - | - | - |
| interestIncome | 871.21K | - | - | 524.26K | 156.84K | 11696 | - | - | - |
| interestExpense | 16212 | 10908 | - | - | - | - | - | - | - |
| depreciationAndAmortization | 1667 | 616.74 | 622.44 | 874.97 | 324.04 | 205.94 | 291.69 | - | - |
| ebitda | -387.33K | 960.07K | -621.38K | -874.12K | 820.27K | 1.35M | -242.71K | -82 | -850 |
| ebit | -389K | 959.45K | -622K | -875K | 819.95K | 1.35M | -243K | -82 | - |
| nonOperatingIncomeExcludingInterest | -1.28M | -1.58M | - | - | -1.14M | -1.56M | - | - | - |
| operatingIncome | -1.67M | -617K | -622K | -875K | -324K | -206K | -243K | -82 | -850 |
| totalOtherIncomeExpensesNet | 1.26M | 1.56M | 8.18M | 1.11M | 1.14M | 1.56M | -1.64M | -2 | -851 |
| incomeBeforeTax | -405K | 948.54K | 1.72M | 231.02K | 819.95K | 1.35M | -1.88M | -82 | -851 |
| incomeTaxExpense | 172.46K | 256.02K | 290.34K | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -578K | 692.53K | 1.43M | 231.02K | 819.95K | 1.35M | -1.88M | -82 | -851 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - |
| netIncome | -578K | 692.53K | 1.43M | 231.02K | 819.95K | 1.35M | -1.88M | -82 | -851 |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -578K | 692.53K | 1.43M | 231.02K | 819.95K | 1.35M | -1.88M | -82 | -851 |
| eps | -0.04 | 0.05 | 0.12 | 0.02 | 0.06 | 0.09 | -0.13 | -0.0 | -0.0 |
| date | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 1025 | 12184 | 10335 | 20920 | 18516 | 198.12K | 612.75K | 491 | 491 | 4995 |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 1025 | 12184 | 10335 | 20920 | 18516 | 198.12K | 612.75K | 491 | 491 | 4995 |
| netReceivables | - | - | - | - | - | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | 86557 | - | - | - |
| otherCurrentAssets | 39854 | 35755 | 38951 | 51722 | 85619 | 139.15K | 86557 | 198.98K | -1 | - |
| totalCurrentAssets | 40879 | 47939 | 49286 | 72642 | 104.14K | 337.27K | 699.31K | 199.47K | 491 | 4995 |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 42.58M | 121.23M | 118.99M | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | 116.85M | 116.33M | 116.19M | 116.19M | 198.98K | 173.56K | 100000 |
| totalNonCurrentAssets | 42.58M | 121.23M | 118.99M | 116.85M | 116.33M | 116.19M | 116.19M | 198.98K | 173.56K | 100000 |
| otherAssets | - | - | - | - | - | - | - | -198.98K | - | - |
| totalAssets | 42.62M | 121.28M | 119.03M | 116.92M | 116.44M | 116.53M | 116.89M | 199.47K | 174.05K | 105K |
| totalPayables | 3.08M | 1.83M | 1.28M | 718.6K | 84428 | - | 179.37K | - | - | - |
| accountPayables | 1.57M | 1.28M | 990.6K | 698.6K | 64428 | - | 179.37K | - | - | - |
| otherPayables | -1.57M | 546.36K | 290.34K | 20000 | -64428 | - | - | - | - | - |
| accruedExpenses | 1918 | 18453 | - | - | - | - | - | 114.99K | 114.99K | 80846 |
| shortTermDebt | 706.96K | 669.96K | 527.5K | 202.96K | - | - | - | 60418 | 35000 | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | 1.51M | 546.36K | 290.34K | - | - | - | - | - | - | - |
| deferredRevenue | -2.28M | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | - | - | - | - | 4000 | 10389 | - | - | - | - |
| totalCurrentLiabilities | 3.79M | 2.51M | 1.81M | 921.56K | 88428 | 10400 | 179.37K | 175.4K | 149.99K | 80846 |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 4.1M | 4.51M | 4.78M | 6.05M | 6.64M | 7.62M | 9.17M | - | - | - |
| totalNonCurrentLiabilities | 4.1M | 4.51M | 4.78M | 6.05M | 6.64M | 7.62M | 9.17M | - | - | - |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 7.89M | 7.02M | 6.59M | 6.98M | 6.72M | 7.63M | 9.35M | 175.4K | 149.99K | 80846 |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 41.56M | 120.63M | 118.39M | 116.85M | 116.15M | 116.15M | 116.15M | 288 | 288 | 288 |
| retainedEarnings | -6.82M | -6.38M | -5.95M | -6.9M | -6.44M | -7.26M | -8.61M | -933 | -933 | -851 |
| additionalPaidInCapital | - | - | - | - | - | - | - | 24712 | 24712 | 24712 |
| date | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| netIncome | -577.76K | 692.53K | 1.43M | 231.02K | 819.95K | 1.35M | -1.88M | -933 | -851 |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 1.23M | 558.59K | 577.65K | 674.41K | 144.43K | -208.68K | 53334 | 846 | 846 |
| accountsReceivables | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - |
| accountsPayables | 290.67K | 288.47K | 292K | 630.18K | 58028 | -168.97K | 179.37 | 847 | - |
| otherWorkingCapital | 941.22K | -288.47K | 285.65K | 44235 | 86405 | -39712 | 54181 | 846 | 846 |
| otherNonCashItems | -1.28M | -1.58M | -2.34M | -1.1M | -1.14M | -1.56M | 1.64M | 0.0 | 0.85 |
| netCashProvidedByOperatingActivities | -623.81K | -325.07K | -330.54K | -197.6K | -179.61K | -414.63K | -189.58K | -87 | -5.0 |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | -330K | -1.15M | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | 78.94M | 176.92K | - | - | - | - | - | - | - |
| otherInvestingActivities | 78.61M | -176.92K | -1.15M | - | - | - | -116.15M | - | - |
| netCashProvidedByInvestingActivities | 78.61M | -1.15M | -1.15M | - | - | - | -116.15M | - | - |
| netDebtIssuance | 37000 | 150K | 319.96K | - | 20000 | - | - | 60418 | - |
| longTermNetDebtIssuance | - | - | -200.04K | 200K | - | - | - | 60418 | - |
| shortTermNetDebtIssuance | 37000 | 150K | 319.96K | 180K | 20000 | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | 25000 | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | 25000 | - |
| commonStockIssuance | - | 1.15M | 1.15M | - | - | - | 114.66M | 25000 | 5000 |
| commonStockRepurchased | -78.94M | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -78.03M | 1.33M | 1.15M | 200K | 20 | - | 116.95M | -84841 | 5000 |
| netCashProvidedByFinancingActivities | -78M | 1.48M | 1.47M | 200K | 20000 | - | 116.95M | 578 | 5000 |