Company Quick10K Filing
Fuse Enterprises
10-Q 2020-03-31 Filed 2020-05-22
10-Q 2019-12-31 Filed 2020-02-11
10-K 2019-09-30 Filed 2020-01-14
10-Q 2019-06-30 Filed 2019-08-12
10-Q 2019-03-31 Filed 2019-05-14
10-Q 2018-12-31 Filed 2019-02-11
10-K 2018-09-30 Filed 2018-12-31
10-Q 2018-06-30 Filed 2018-08-14
10-Q 2018-03-31 Filed 2018-05-14
10-Q 2017-12-31 Filed 2018-02-13
10-K 2017-09-30 Filed 2017-12-29
10-Q 2017-06-30 Filed 2017-08-04
10-Q 2017-03-31 Filed 2017-05-11
10-Q 2016-12-31 Filed 2017-02-13
10-K 2016-09-30 Filed 2016-11-17
10-Q 2016-06-30 Filed 2016-08-15
10-Q 2016-03-31 Filed 2016-05-25
8-K 2020-05-12 Other Events
8-K 2019-08-21 Officers, Exhibits
8-K 2019-07-15 Accountant, Exhibits
8-K 2019-04-29 Amend Bylaw, Exhibits
8-K 2018-08-06 Officers, Exhibits
8-K 2018-06-28 Enter Agreement, Sale of Shares, Exhibits
8-K 2018-05-04 Enter Agreement, Exhibits

Fuse Enterprises Financials

FSNT Metrics, Comps, Filings

Quarterly | Annual

Business

Fuse Enterprises Inc. (the “Company” or “Enterprises” or “We”) was incorporated under the laws of the State of Nevada on December 24, 2013. Enterprises is currently a full service online marketing agency, but is exploring opportunities in the mining industry. On December 6, 2016, the Company incorporated Fuse Processing, Inc. (“Processing”) in the State of California. Processing seeks business opportunities in the mining industry and is currently investigating potential mining targets in Asia and North America. Enterprises is the sole shareholder of Processing. On November 28, 2016, 5,500,000 shares of the common stock of Enterprises, or 60.91% of the Company's issued and outstanding shares of common stock, were sold by Pavel Mikhalkov and Aleksandr Kriukov in a series of private transactions to a new shareholder for an aggregate purchase price of $55,000 (collectively, the “Stock Sales”). In connection with the Stock Sales, Messrs. Mikhalkov and Kriukov released the Company from certain liabilities and obligations arising out of their service as directors and officers of the Company. In March 2017, Processing acquired 100% ownership of Fuse Trading Limited (“Trading”) for HKD1 (US$0.13). Trading had no operations prior to the acquisition by Processing, and Trading expects to be engaged in mining-related businesses. On May 26, 2017, the Company filed a Certificate of Change with the State of Nevada to (i) increase its authorized shares of common stock from 75,000,000 to 375,000,000 and (ii) effect a corresponding 5-for-1 forward stock split of the issued and outstanding shares of the Company's common stock (the “Stock Split”).

Other than time spent researching our proposed business, we have not spent any funds on research and development activities to date. We do not currently plan to spend any funds on research and development activities in the near future.

We are not aware of any environmental laws that have been enacted, nor are we aware of any such laws being contemplated for the future, that affect our current operations.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Kaleido Biosciences (KLDO) 222,412 -2.4 -73% 91,212 25,172 0 0 -66,819 -65,079 153,821
Citizens Financial Services (CZFS) 219,586 0% 5.7 1% 1,475,005 1,323,327 5,197 0 18,962 34,712 199,500
Emergent Capital (EMG) 177,018 0% -5.2 -69% 85,384 121,307 35,301 0 -58,692 -33,490 175,594
Isabella Bank (ISBA) 218,480 0% 6.3 1% 1,813,684 1,601,308 4,294 0 12,126 29,281 184,149
Crimson Wine Group (CWGL) 217,967 41% 169.4 -2% 247,334 40,543 66,627 27,638 -3,816 1,332 225,647
Xerium Technologies (XRM) 217,666 10% 24.6 -3% 547,188 698,205 486,466 48,974 -16,156 30,283 743,584
Exicure (XCUR) 212,785 0% -7.2 -29% 73,806 8,854 992 0 -21,077 -20,488 147,392
Powercomm Holdings (PCC) 210,454 29% 84.1 29% 5,177 4,207 10,712 3,081 1,486 2,500 210,300
Bovie Medical (BVX) 206,243 65% -11.4 -15% 86,943 10,210 25,892 16,732 -13,330 -12,697 144,111
Bicycle Therapeutics (BCYC) 200,512 0% -5.3 -17% 116,060 20,735 2,136 0 -19,699 -19,652 104,558
Fuse Enterprises (FSNT) 200,164 86% -191.4 -95% 1,099 2 1,016 870 -1,046 -1,046 200,124
Solbright (SBRT) 195,093 -11% -4.2 -411% 12,978 107,736 3,481 -399 -53,291 -45,982 194,304
HOOKIPA Pharma (HOOK) 197,170 0% -2.3 -22% 152,037 26,280 8,324 0 -32,793 -32,034 73,160
Corvus Gold (CORVF) 170,478 -15.3 -106% 10,214 765 0 0 -10,858 -10,858 166,332
Union Bridge Holdings (UGHL) 188,095 26% -422.5 -815% 55 977 65 17 -445 -445 188,075
IDEAYA Biosciences (IDYA) 186,410 -3.7 -18% 122,331 11,925 0 0 -21,625 -21,025 77,010
GrowGeneration (GRWG) 182,705 29% 57.2 3% 68,417 15,626 54,349 16,008 2,341 2,923 167,194
Technovative Group (TEHG) 182,172 57% -105.6 -33% 5,191 3,101 765 437 -1,719 -1,719 181,597
Exagen (XGN) 182,113 54% -60.9 -3% 92,744 34,094 10,439 5,656 -3,141 -2,132 129,862
Soliton (SOLY) 179,964 -14.9 -130% 9,927 2,745 0 0 -12,896 -11,529 171,255

Balance Sheet ($'000)2016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Cash102886,8483,2938944194,1033,772876103946440
Accounts Receivable2050
Inventory
PP&E33201414131212111110109
Assets1331196,8546,4425,8395,3575,1154,8012,1491,1891,1221,0741,099
Accounts Payable
Long-Term Debt
Liabilities2934356,8736,9626,8756,8796,8776,9156,92710562
Stockholders' Equity-16-3-16-19-520-1,036-1,522-1,762-2,114-4,7781,1801,1171,0681,097
Income Statement ($'000)2016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Revenue847000000516250250
Cost of Revenue22200000008957
Gross Profit626000000516161193
R&D
SG&A37485514483228308167172134181145
Tax0000000110010
Net Income-9-22-13-38-518-516-486-239-76-2,664-964-62-5029
Cash Flow ($'000)2016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Cash Operating-17-20-42-1,606-398-475-242-331-2,896-772-10-30-24
Cash Investing000-1,940-2,00003,925000
Cash Financing3506,881-10000000000