Complete Financial Solutions Inc. (CFSU)
Complete Financial Solutions, Inc. operates as a U.S.-based financial services firm, conducting its diverse operations through various subsidiaries. The company offers a comprehensive suite of mortgage services, overseeing the origination, processing, closing, and funding of applications. Beyond mortgages, it extends its offerings to include protection products for its mortgage clientele, alongside accounting and tax preparation services tailored for small businesses. Additionally, it provides a range of banking, legal, and credit solutions. Its portfolio also encompasses annuities and various insurance products, such as life, long-term care, and dental coverage. Initially established in 2003 as MortgageZone Inc., the company underwent a corporate reorganization, leading to its renaming as Complete Financial Solutions, Inc. in October 2006. The firm's main offices are situated in Spokane, Washington.
Industry: Conglomerates
Complete Financial Solutions, Inc.
OTC:CFSUIndustrials · Conglomerates
+0.00%$0.1150
Mkt Cap$109.08M
Float-
O/S948.5M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$1.07M
Total Assets$32.81M
Free Cash Flow-$749K
Debt & Equity
Debt 5%
Equity 94%
Preferred 0%
Total Debt$1.75M
Total Equity$30.78M
Preferred Stock$135K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CFSU's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$32.81M
Liabilities$2.03M
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$32.81M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $0 | $0 | $14.54M | $15.74M | $10.58M | $10.7M | $6.8M |
| YoY Growth | - | - | -7.6% | 48.7% | -1.1% | 57.5% | - |
| Cost of Revenue | $0 | $0 | $297K | $318K | $124K | $82K | $29K |
| Gross Profit | $0 | $0 | $14.25M | $15.42M | $10.46M | $10.62M | $6.77M |
| Gross Margin | - | - | 98.0% | 98.0% | 98.8% | 99.2% | 99.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $203K | $4.17M | $5.83M | $4.25M | $3.36M | $2.25M |
| Other | $1.07M | $350 | $10.38M | $10.65M | $10.8M | $7.28M | $4.59M |
| Total Operating Expenses | $1.07M | $203K | $14.55M | $16.48M | $15.05M | $10.64M | $6.83M |
| Operating Income (EBIT) | -$1.07M | -$203K | -$301K | -$1.06M | -$4.59M | -$15K | -$67K |
| Operating Margin | - | - | -2.1% | -6.7% | -43.4% | -0.1% | -1.0% |
| Interest Expense | $0 | $0 | $297K | $318K | $124K | $82K | $29K |
| Interest Income | $0 | $0 | $14.54M | $15.74M | $13.11M | $10.7M | $6.8M |
| Other Income (Expense) | $0 | $10.38M | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$1.07M | $10.18M | -$301K | -$1.06M | -$4.59M | -$15K | -$67K |
| Income Tax Expense | $0 | $0 | -$2K | $0 | $0 | $161K | -$259K |
| Net Income | -$1.07M | $10.18M | -$299K | -$1.06M | -$4.59M | -$176K | $192K |
| Net Income Margin | - | - | -2.1% | -6.7% | -43.4% | -1.6% | 2.8% |
| Supplementary Data | |||||||
| EPS | -0.00 | 0.04 | -0.01 | -0.02 | -0.13 | -0.01 | 0.01 |
| Diluted EPS | -0.00 | 0.04 | -0.01 | -0.02 | -0.13 | -0.01 | 0.01 |
| Weighted Average OS | 970.47M | 272.94M | 57.10M | 53.02M | 35.33M | 34.03M | 19.22M |
| EBITDA | -$1.07M | -$203K | -$284K | -$911K | -$4.57M | $72K | $28K |
| EBITDA Margin | - | - | -2.0% | -5.8% | -43.2% | 0.7% | 0.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $55 | $55 | $315K | $537K | $100K | $534K | $125K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $55 | $55 | $315K | $537K | $100K | $534K | $125K |
| Accounts Receivable | $0 | $0 | $1.19M | $126K | $165K | $255K | $171K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $55 | $55 | $1.51M | $718K | $623K | $990K | $436K |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $32.81M | $11.12M | $62K | $68K | $202K | $194K | $267K |
| Goodwill | $0 | $0 | $2.65M | $2.65M | $2.65M | $2.5M | $2.5M |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $11.18M | $13M | $12.93M | $7.93M | $1.76M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $98K | $98K | $259K |
| Other Long-Term Assets | $0 | $0 | $79K | $126K | $770K | $704K | $994K |
| Total Long-Term Assets | $32.81M | $11.12M | $13.98M | $15.84M | $16.65M | $11.42M | $5.78M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $32.81M | $11.12M | $15.48M | $16.56M | $17.28M | $12.41M | $6.21M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $0 | $2K | $152K | $150K | $201K | $115K | $385K |
| Short-Term Debt | $749K | $0 | $10.98M | $13.17M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $15K | $24K | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $749K | $2K | $11.99M | $13.87M | $201K | $115K | $385K |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $999K | $749K | $1.87M | $1.71M | $13.67M | $9.16M | $2.02M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $280K | $0 | $0 | $178K | $1.46M | $1.28M | $979K |
| Total Long-Term Liabilities | $1.28M | $749K | $1.87M | $1.89M | $15.14M | $10.43M | $2.99M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.03M | $751K | $13.86M | $15.76M | $15.34M | $10.55M | $3.38M |
| Stockholders' Equity | |||||||
| Preferred Stock | $135K | $4K | $3K | $3K | $3K | $3K | $3K |
| Common Stock | $992K | $949K | $37K | $35K | $35K | $34K | $34K |
| Retained Earnings | -$13.26M | -$12.19M | -$9.56M | -$9.26M | -$8.47M | -$3.88M | -$3.7M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $43.05M | $21.61M | $11.14M | $10.03M | $10.37M | $5.71M | $6.5M |
| Total Equity | $30.78M | $10.37M | $1.62M | $803K | $1.94M | $1.87M | $2.83M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $32.81M | $11.12M | $15.48M | $16.56M | $17.28M | $12.41M | $6.21M |
| Supplementary Data | |||||||
| Total Debt | $1.75M | $749K | $12.85M | $14.88M | $13.67M | $9.16M | $2.02M |
| Net Debt | $1.75M | $749K | $12.54M | $14.35M | $13.57M | $8.62M | $1.89M |
Cash Flow Statement
| Period | FY 2024 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | ||||||
| Net Income | $10.18M | -$299K | -$1.06M | -$4.28M | -$176K | $192K |
| Depreciation & Amortization | $0 | $17K | $150K | $24K | $87K | $95K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $202K | $0 | $0 | $11K | $0 | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | $0 | -$5K | $39K | $90K | -$84K | $284K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $2K | -$51K | $0 | $0 | $0 |
| Other Working Capital | $2K | $141K | -$586K | $111K | $127K | -$650K |
| Total Working Capital Change | $2K | $139K | -$597K | $202K | $42K | -$366K |
| Other Non-Cash Items | -$10.39M | -$9K | $122K | $4.26M | $38K | -$106K |
| Net Cash from Operating | $1K | -$152K | -$1.39M | $215K | -$9K | -$185K |
| Investing Activities | ||||||
| Capital Expenditures | -$750K | -$12K | -$16K | -$32K | -$53K | -$50K |
| Acquisitions | $0 | $0 | $770K | -$130K | -$435K | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$80K | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $173K |
| Net Cash from Investing | -$750K | -$12K | $754K | -$162K | -$568K | $123K |
| Financing Activities | ||||||
| Debt Repaid | - | -$922K | -$211K | $487K | $4.9M | -$6.08M |
| Common Stock Issuance | $0 | $303K | $0 | $0 | $17K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $812K | $6K | $0 | $0 | $0 |
| Net Cash from Financing | $749K | -$58K | $1.04M | -$487K | $985K | -$41K |
| Forex Effect | -$315K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$315K | -$221K | $409K | -$433K | $409K | -$103K |
| Supplementary Data | ||||||
| Operating Cash Flow | $1K | -$152K | -$1.39M | $215K | -$9K | -$185K |
| Capital Expenditure | -$750K | -$12K | -$16K | -$32K | -$53K | -$50K |
| Free Cash Flow | -$749K | -$163K | -$1.4M | $183K | -$62K | -$235K |
| Cash at Beginning | $315K | $537K | $127K | $534K | $125K | $229K |
| Cash at End | $55 | $315K | $537K | $100K | $534K | $125K |