$GTII
GLOBAL TECH INDUSTRIES GROUP, INC.

2021 Q4 Form 10-Q Financial Statement

#000149315221028692 Filed on November 15, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $24.12K $8.500K
YoY Change
Cost Of Revenue $5.030K
YoY Change
Gross Profit $19.09K
YoY Change
Gross Profit Margin 79.15%
Selling, General & Admin $1.509M $2.025M $280.1K
YoY Change -17.35% 623.24% 16.69%
% of Gross Profit 7907.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.150K $1.310K $0.00
YoY Change 325.93%
% of Gross Profit 6.02%
Operating Expenses $1.489M $2.567M $280.1K
YoY Change -16.63% 816.57% 16.69%
Operating Profit -$1.470M -$2.567M
YoY Change
Interest Expense -$46.27K -$201.8K -$45.75K
YoY Change 24.08% 341.01% 357.5%
% of Operating Profit
Other Income/Expense, Net -$201.8K
YoY Change
Pretax Income -$1.516M -$2.769M -$317.3K
YoY Change -16.85% 772.55% 26.92%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.516M -$2.769M -$317.3K
YoY Change -16.85% 772.55% 26.92%
Net Earnings / Revenue -6287.15% -3732.94%
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share -$6.408K -$11.77K -$1.545K
COMMON SHARES
Basic Shares Outstanding 246.7M shares 235.2M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $522.1K $490.1K $44.47K
YoY Change 1459.56% 1002.05% -75.36%
Cash & Equivalents $359.1K $295.1K $1.470K
Short-Term Investments $163.0K $195.0K $43.00K
Other Short-Term Assets $0.00 $0.00
YoY Change -100.0%
Inventory $290.7K
Prepaid Expenses
Receivables $78.72K
Other Receivables $0.00
Total Short-Term Assets $891.6K $490.1K $44.47K
YoY Change 248.75% 1002.05% -75.35%
LONG-TERM ASSETS
Property, Plant & Equipment $112.6K $2.140K
YoY Change 3717.05%
Goodwill $6.444M
YoY Change
Intangibles $3.333K
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.583M
YoY Change
Total Long-Term Assets $7.529M $73.95K $0.00
YoY Change 255986.53% -100.0%
TOTAL ASSETS
Total Short-Term Assets $891.6K $490.1K $44.47K
Total Long-Term Assets $7.529M $73.95K $0.00
Total Assets $8.421M $564.0K $44.47K
YoY Change 3156.32% 1168.34% -80.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.381M $1.210M $739.9K
YoY Change 122.75% 63.53% -76.46%
Accrued Expenses $662.2K $376.0K $1.281M
YoY Change 85.12% -70.65% 102.75%
Deferred Revenue
YoY Change
Short-Term Debt $1.793M $1.071M $871.1K
YoY Change 105.85% 22.96% 53.2%
Long-Term Debt Due $2.990K $0.00
YoY Change -96.0%
Total Short-Term Liabilities $3.839M $3.231M $2.997M
YoY Change 88.87% 7.8% -52.15%
LONG-TERM LIABILITIES
Long-Term Debt $147.0K $0.00 $3.540M
YoY Change -100.0%
Other Long-Term Liabilities $559.6K
YoY Change
Total Long-Term Liabilities $706.6K $0.00 $3.540M
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.839M $3.231M $2.997M
Total Long-Term Liabilities $706.6K $0.00 $3.540M
Total Liabilities $4.546M $3.231M $6.538M
YoY Change 123.63% -50.58% 4.38%
SHAREHOLDERS EQUITY
Retained Earnings -$234.2M
YoY Change
Common Stock $255.8K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.875M -$2.667M -$6.493M
YoY Change
Total Liabilities & Shareholders Equity $8.421M $564.0K $44.47K
YoY Change 3156.32% 1168.34% -80.86%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$1.516M -$2.769M -$317.3K
YoY Change -16.85% 772.55% 26.92%
Depreciation, Depletion And Amortization $1.150K $1.310K $0.00
YoY Change 325.93%
Cash From Operating Activities -$431.5K -$68.12K -$15.07K
YoY Change 531.68% 352.02% -384.34%
INVESTING ACTIVITIES
Capital Expenditures $10.00 $0.00
YoY Change -100.31%
Acquisitions
YoY Change
Other Investing Activities $239.0K $140.00
YoY Change
Cash From Investing Activities $239.0K $0.00 $140.00
YoY Change -7544.86% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 256.6K 328.4K 15.04K
YoY Change 253.77% 2083.78% -321.18%
NET CHANGE
Cash From Operating Activities -431.5K -68.12K -15.07K
Cash From Investing Activities 239.0K 0.000 140.0
Cash From Financing Activities 256.6K 328.4K 15.04K
Net Change In Cash 64.07K 260.3K 110.0
YoY Change 6243.56% 236554.55% -107.33%
FREE CASH FLOW
Cash From Operating Activities -$431.5K -$68.12K -$15.07K
Capital Expenditures $10.00 $0.00
Free Cash Flow -$431.5K -$68.12K
YoY Change 562.84%

Facts In Submission

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0001493152-21-028692.txt Edgar Link pending
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