$WCUI
Wellness Center USA, Inc.

2021 Q3 Form 10-K Financial Statement

#000149315222004617 Filed on February 15, 2022

View on sec.gov

Income Statement

Concept 2021 Q3 2021 2020
Revenue $19.19K $240.0K $5.000K
YoY Change 4699.2% -85.02%
Cost Of Revenue $79.13K $228.6K
YoY Change
Gross Profit -$59.94K $11.38K $5.000K
YoY Change 127.6% -62.55%
Gross Profit Margin -312.35% 4.74% 100.0%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $1.560K
YoY Change -100.0% 47.17%
% of Gross Profit 0.0% 31.2%
Operating Expenses $295.8K $1.239M $1.927M
YoY Change -16.15% -35.68% 8.24%
Operating Profit -$355.8K -$1.228M -$1.922M
YoY Change 0.84% -36.1% 8.77%
Interest Expense -$40.07K -$134.5K -$111.7K
YoY Change 77.46% 20.39% -60.03%
% of Operating Profit
Other Income/Expense, Net -$1.680K -$1.680K -$530.0K
YoY Change -99.68%
Pretax Income -$360.3K -$1.327M -$2.502M
YoY Change 13.12% -46.98% 22.3%
Income Tax
% Of Pretax Income
Net Earnings -$258.8K -$806.3K -$2.221M
YoY Change 63.79% -63.7% -6.97%
Net Earnings / Revenue -1348.57% -336.0% -44421.6%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.104K -$6.666K -$20.10K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q3 2021 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.08K $32.08K $51.32K
YoY Change -37.49% -37.49% -3.44%
Cash & Equivalents $32.08K
Short-Term Investments
Other Short-Term Assets $0.00 $0.00 $500.00
YoY Change -100.0% -100.0% -99.09%
Inventory $50.00K $50.00K $94.56K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $82.08K $82.08K $146.4K
YoY Change -43.93% -43.93% 35.35%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00 $0.00 $6.960K
YoY Change -100.0% -100.0% 346.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $6.960K
YoY Change -100.0% 346.15%
TOTAL ASSETS
Total Short-Term Assets $82.08K $82.08K $146.4K
Total Long-Term Assets $0.00 $6.960K
Total Assets $82.08K $82.08K $153.3K
YoY Change -46.47% -46.47% 39.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $624.3K $624.3K $408.3K
YoY Change 52.91% 52.91% -48.61%
Accrued Expenses $748.7K $748.7K $772.2K
YoY Change -3.04% -3.04%
Deferred Revenue
YoY Change
Short-Term Debt $2.055M $2.055M $1.165M
YoY Change 76.39% 76.39% 191.86%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.428M $3.428M $2.346M
YoY Change 46.16% 46.16% 96.51%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $37.17K
YoY Change -100.0% -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $37.17K
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.428M $3.428M $2.346M
Total Long-Term Liabilities $0.00 $0.00 $37.17K
Total Liabilities $3.428M $3.090M $2.565M
YoY Change 33.67% 20.47% 61.63%
SHAREHOLDERS EQUITY
Retained Earnings -$28.39M
YoY Change
Common Stock $25.38M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.008M -$3.008M -$2.412M
YoY Change
Total Liabilities & Shareholders Equity $82.08K $82.08K $153.3K
YoY Change -46.47% -46.47% 39.77%

Cashflow Statement

Concept 2021 Q3 2021 2020
OPERATING ACTIVITIES
Net Income -$258.8K -$806.3K -$2.221M
YoY Change 63.79% -63.7% -6.97%
Depreciation, Depletion And Amortization $0.00 $0.00 $1.560K
YoY Change -100.0% 47.17%
Cash From Operating Activities -$164.7K -$925.2K -$1.005M
YoY Change -39.9% -7.94% -17.58%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 155.0K 906.0K 1.003M
YoY Change -32.92% -9.69% -20.9%
NET CHANGE
Cash From Operating Activities -164.7K -925.2K -1.005M
Cash From Investing Activities
Cash From Financing Activities 155.0K 906.0K 1.003M
Net Change In Cash -9.720K -19.24K -1.820K
YoY Change -77.39% 957.14% -103.72%
FREE CASH FLOW
Cash From Operating Activities -$164.7K -$925.2K -$1.005M
Capital Expenditures
Free Cash Flow
YoY Change

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