$SRRE
SUNRISE REAL ESTATE GROUP INC

2024 Q4 Form 10-Q Financial Statement

#000141057824002051 Filed on November 25, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $7.222M $5.397M
YoY Change 33.81% -75.85%
Cost Of Revenue $5.706M $4.655M
YoY Change 22.56% -75.88%
Gross Profit $1.516M $741.5K
YoY Change 104.44% -75.61%
Gross Profit Margin 20.99% 13.74%
Selling, General & Admin $713.4K
YoY Change -9.7%
% of Gross Profit 96.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $126.3K
YoY Change -75.61%
% of Gross Profit 17.03%
Operating Expenses $1.224M
YoY Change -7.5%
Operating Profit $749.2K -$482.7K
YoY Change -255.21% -128.12%
Interest Expense -$106.1K
YoY Change -31.9%
% of Operating Profit
Other Income/Expense, Net $2.545M -$522.4K
YoY Change -587.16% -61.36%
Pretax Income $3.294M -$1.005M
YoY Change -427.74% -375.74%
Income Tax $21.67K $178.3K
% Of Pretax Income 0.66%
Net Earnings $3.130M -$906.5K
YoY Change -445.28% 78.3%
Net Earnings / Revenue 43.34% -16.8%
Basic Earnings Per Share $0.05 -$0.01
Diluted Earnings Per Share $0.05 -$0.01
COMMON SHARES
Basic Shares Outstanding 68.69M 68.69M 68.69M
Diluted Shares Outstanding 68.69M 68.69M

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.60M
YoY Change -29.96%
Cash & Equivalents $25.65M $64.15M
Short-Term Investments $7.898M
Other Short-Term Assets $160.2M
YoY Change -10.19%
Inventory
Prepaid Expenses
Receivables $253.8K $127.5K
Other Receivables $16.38M $3.128M
Total Short-Term Assets $153.0M $214.8M
YoY Change -28.77% -13.44%
LONG-TERM ASSETS
Property, Plant & Equipment $484.9K $771.4K
YoY Change -37.14% -26.94%
Goodwill $1.044M
YoY Change -6.49%
Intangibles
YoY Change
Long-Term Investments $13.60M $12.37M
YoY Change 9.97% -1.11%
Other Assets
YoY Change
Total Long-Term Assets $42.87M $35.76M
YoY Change 19.88% -5.68%
TOTAL ASSETS
Total Short-Term Assets $153.0M $214.8M
Total Long-Term Assets $42.87M $35.76M
Total Assets $195.8M $250.5M
YoY Change -21.83% -12.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.39M $24.27M
YoY Change -11.88% 13.59%
Accrued Expenses $525.8K
YoY Change -17.73%
Deferred Revenue
YoY Change
Short-Term Debt $1.393M
YoY Change -1.11%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $83.78M $112.9M
YoY Change -25.76% -17.35%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $269.6K
YoY Change -79.17%
Total Long-Term Liabilities $269.6K
YoY Change -79.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.78M $112.9M
Total Long-Term Liabilities $269.6K
Total Liabilities $83.78M $113.1M
YoY Change -25.94% -17.93%
SHAREHOLDERS EQUITY
Retained Earnings $94.97M $107.1M
YoY Change -11.31% -8.29%
Common Stock $8.797M $8.797M
YoY Change 0.0% 0.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $116.5M $125.2M
YoY Change
Total Liabilities & Shareholders Equity $195.8M $250.5M
YoY Change -21.83% -12.41%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $3.130M -$906.5K
YoY Change -445.28% 78.3%
Depreciation, Depletion And Amortization $126.3K
YoY Change -75.61%
Cash From Operating Activities -$3.011M
YoY Change -113.76%
INVESTING ACTIVITIES
Capital Expenditures $1.330K
YoY Change -101.24%
Acquisitions
YoY Change
Other Investing Activities $2.503M
YoY Change -109.19%
Cash From Investing Activities $2.501M
YoY Change -109.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -3.011M
Cash From Investing Activities 2.501M
Cash From Financing Activities 0.000
Net Change In Cash -510.1K
YoY Change -47.38%
FREE CASH FLOW
Cash From Operating Activities -$3.011M
Capital Expenditures $1.330K
Free Cash Flow -$3.013M
YoY Change -113.7%

Facts In Submission

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