QUOTEMEDIA INC company info

CIK 1101433
IRS Number 912008633
State of incorporation NV
Business address 17100 E SHEA BLVD
SUITE 230
FOUNTAIN HILLS
AZ
85268
Mail address 17100 E SHEA BLVD
SUITE 230
FOUNTAIN HILLS
AZ
85268

Short summary

QUOTEMEDIA INC is a Arizona company, with head office located at 17100 E Shea Blvd Fountain Hills, Arizona 85268. The company achieved a record breaking net income last year - 559.00 thousand USD. This is 12.28% higher than one reported in 2018. In 2019 the company owned a total of 4.43 million USD worth of assets, including 1.65 million USD worth of current assets. The company amassed the most assets last year, totalling up to 4.43 million USD.

QUOTEMEDIA INC Income Statement

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Revenue, Net 8.969.87
Gross Profit 4.024.825.054.284.003.593.804.285.606.01
Operating Expenses 5.545.044.884.794.704.604.414.635.105.41
Operating Income (Loss) -1.53-0.220.17-0.51-0.70-1.01-0.61-0.350.500.60
Income Tax Expense (Benefit) 0.000.000.000.000.000.000.000.000.000.00
Net income -1.95-0.75-0.51-1.14-1.38-1.66-1.68-1.510.500.56

QUOTEMEDIA INC Balance Sheet

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Cash and cash equivalents 0.320.460.460.630.450.230.410.380.581.020.82
Accounts Receivable, Net, Current 0.490.630.580.480.330.320.400.510.660.68
Property, Plant and Equipment, Gross 3.964.655.566.527.318.138.829.2610.74
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment -2.72-3.38-4.18-5.03-5.916.767.407.568.47
Goodwill 0.110.110.110.110.110.110.110.110.110.11
Intangible Assets, Net (Excluding Goodwill) 0.100.090.090.090.080.070.070.060.050.05
Total assets 2.743.183.112.942.362.462.533.124.364.43
Current assets 1.351.691.571.290.670.860.981.321.961.65
Total current liabilities 1.711.681.922.121.762.162.182.352.532.07
Common Stock, Value, Issued 0.090.090.090.090.090.090.090.090.090.09
Retained Earnings (Accumulated Deficit) -13.53-13.85-14.76-16.13-17.72-19.36-20.88-21.41-20.71-20.47

QUOTEMEDIA INC Cash Flow

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Net income -1.95-0.75-0.51-1.14-1.38-1.66-1.68-1.510.500.56
Depreciation 0.080.100.110.140.19
Depreciation and amortization 0.680.700.760.810.860.880.860.840.891.11
Accounts receivable 0.040.35-0.13-0.070.10-0.120.11-0.040.270.14
Deferred revenue 0.010.16-0.080.020.020.05-0.060.160.00-0.13
Net Cash Provided by (Used in) Operating Activities 0.560.481.020.670.960.620.841.111.501.77
Payments to Acquire Property, Plant, and Equipment 0.040.080.030.090.130.120.130.090.190.33
Payments to Acquire Productive Assets 00.100
Payments to Acquire Intangible Assets 0.0300.000.00
Net Cash Provided by (Used in) Investing Activities -0.75-0.77-0.79-0.91-0.96-0.79-0.82-0.88-1.07-1.68
Proceeds from Issuance of Common Stock 0.00
Net Cash Provided by (Used in) Financing Activities 0.230.20-0.05-0.08-0.08
Cash and Cash Equivalents, Period Increase (Decrease) 0.03-0.080.23-0.23-0.00-0.170.020.180.360.01