Africa Growth Corp company info

CIK 1501720
IRS Number 272413875
State of incorporation NV
Business address 41 CEDAR AVENUE
5TH FLOOR
HAMILTON
D0
HM12
Mail address 41 CEDAR AVENUE
5TH FLOOR
HAMILTON
D0
HM12

Short summary

Africa Growth Corp is a Bermuda company, with head office located at 41 Cedar Avenue Hamilton, Bermuda HM12. The company achieved a record breaking net income last year - 637.65 thousand USD. This is -281.54% higher than one reported in 2015. In 2016 the company owned a total of 0.01 thousand USD worth of assets, including 0.01 thousand USD worth of current assets. 2013 was the year when the company amassed the most assets.

Africa Growth Corp Income Statement

Name [in Millions USD]19971998199920002001200220032004200520062007200820092010201120122013201420152016Trends
Operating Expenses 0.150.14
Operating Income (Loss) -0.16-0.15-0.29
Interest expense 000
Income Tax Expense (Benefit) 00000
Net income 0.060.000.01-0.01000.010.000.01-0.000.000.00-0.16-0.15-0.29-0.62-0.20-0.350.64

Africa Growth Corp Balance Sheet

Name [in Millions USD]19971998199920002001200220032004200520062007200820092010201120122013201420152016Trends
Cash and cash equivalents 00.010.010.010.020.010.010.010.00
Total assets 0.010.020.120.440.190.010.00
Current assets 0.030.010.020.010.010.010.00
Accounts payable 0.020.010.020.250.25
Total current liabilities 0.250.660.610.760.12
Total liabilities 0.070.200.250.630.610.760.07
Common Stock, Value, Issued 0.010.010.010.010.010.010.00
Retained Earnings (Accumulated Deficit) -1.43-1.76-1.12

Africa Growth Corp Cash Flow

Name [in Millions USD]19971998199920002001200220032004200520062007200820092010201120122013201420152016Trends
Net income 0.060.000.01-0.01000.010.000.01-0.000.000.00-0.16-0.15-0.29-0.62-0.20-0.350.64
Depreciation and amortization 0.000.00
Depreciation and amortization 0.000.00
Deferred Income Tax Expense (Benefit) 00
Accounts receivable -0.000
Accounts payable -0.000.00-0.00-0.00
Net Cash Provided by (Used in) Operating Activities -0.10-0.09-0.18-0.18-0.20-0.15-0.14
Net Cash Provided by (Used in) Investing Activities 0.060.110-0.16-0.020
Proceeds from Issuance of Common Stock 0.02000.200
Payments for Repurchase of Common Stock 00.00-0.000.000.000.00
Net Cash Provided by (Used in) Financing Activities 0.040.090.180.330.220.15-0.14
Cash and Cash Equivalents, Period Increase (Decrease) -0.000.00-0.000.00