Fintech Ecosystem Development Corp. financial data

Symbol
FEXD, FEXDR, FEXDU, FEXDW on Nasdaq
Industry
Loan Brokers
Location
100 Springhouse Drive, Suite 204, Collegeville, PA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2023 - Aug 16, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2.33 % -99.2%
Debt-to-equity -109 %
Return On Equity -27.3 %
Return On Assets 1.78 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 79.2M USD
Common Stock, Value, Issued 6 USD

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 875K USD
Nonoperating Income (Expense) 6.28M USD +10.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -405K USD -149%
Income Tax Expense (Benefit) 172K USD
Net Income (Loss) Attributable to Parent 1.78M USD -170%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.03K USD
Assets, Current 40.9K USD -60.7%
Assets 42.6M USD -63.4%
Liabilities, Current 3.79M USD +4182%
Liabilities 7.89M USD +17.3%
Retained Earnings (Accumulated Deficit) -6.82M USD -5.97%
Stockholders' Equity Attributable to Parent -6.82M USD -5.97%
Liabilities and Equity 42.6M USD -63.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -325K USD +21.6%
Net Cash Provided by (Used in) Financing Activities 1.48M USD
Net Cash Provided by (Used in) Investing Activities -1.15M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.85K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.03K USD -94.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 187K USD +269%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 187K USD +269%
Deferred Tax Assets, Operating Loss Carryforwards 0 USD -100%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 0 USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 16.2K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%