First America Resources Corporation balance sheet MEGR

Annual Quarterly

As of Jun 30, 2026, First America Resources Corporation had total assets of $8.6 million and total liabilities of $9.5 million. Total assets were up 25.6% from a year earlier. Stockholders' equity was negative, at -$807,686, because liabilities exceed assets. It held $524,504 in cash and investments against $4.0 million of total debt, net debt of $3.5 million. The current ratio, current assets divided by current liabilities, was 0.56.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Jun 30, 2024	FY 2023 Jun 30, 2023	FY 2022 Jun 30, 2022	FY 2021 Jun 30, 2021	FY 2020 Jun 30, 2020	FY 2019 Jun 30, 2019	FY 2018 Jun 30, 2018	FY 2017 Jun 30, 2017	FY 2016 Jun 30, 2016
Assets
Cash	1 +14.3%	0 +695.4%	0 -64.2%	0 +513.5%	0 +21.4%	0	—	0 -59.6%	0 -65.4%	0 -11.5%	0 +563.1%
Cash and investments	1 +14.3%	0 +695.4%	0 -64.2%	0 +513.5%	0 +21.4%	0	—	0 -59.6%	0 -65.4%	0 -11.5%	0 +563.1%
Total current assets	3 +19.8%	3 +4537.9%	0 -38.5%	0 +513.5%	0 +21.4%	0 +154.8%	0 +430.1%	0 -59.6%	0 -65.4%	0 -11.5%	0 +563.1%
Property and equipment, net	0 +11.5%	0	—	—	—	—	—	—	—	—	—
Goodwill	1 +0.0%	1	—	—	—	—	—	—	—	—	—
Total assets	9 +25.6%	7 +11042.7%	0 -38.5%	0 +513.5%	0 +21.4%	0	—	0 -59.6%	0 -65.4%	0 -11.5%	0 +563.1%
Liabilities and equity
Accounts payable	1 +27.8%	1 +31238.5%	0 +3412.0%	0 +0.0%	0 +0.0%	0 +0.0%	0 -88.2%	0 +325.0%	0 -96.4%	0 +70.5%	0 +1550.0%
Total current liabilities	6 -9.9%	6 +165427.0%	0 +3412.0%	0 +0.0%	0 -100.0%	0 +13.6%	0 +13.1%	0 +10.6%	0 +11.0%	0 +30.7%	0 +1308.2%
Total liabilities	9 +11.6%	8 +3450.1%	0 +1.5%	0 +0.0%	0 +9.6%	0 +13.6%	0 +13.1%	0 +10.6%	0 +11.0%	0 +30.7%	0 +62.8%
Stockholders' equity	-1 +49.2%	-2 -819.8%	-0 -31.0%	-0 +38.2%	-0 -8.8%	-0 -9.5%	-0 -10.6%	-0 -11.8%	-0 -15.2%	-0 -34.3%	-0 -53.1%
Debt
Lease liabilities	4 +80.5%	2	—	—	—	—	—	—	—	—	—
Total debt	4 +80.5%	2	—	—	—	—	—	—	—	—	—
Net cash	-3 -97.7%	-2	—	—	—	—	—	—	—	—	—
Ratios
Current ratio	0.56x	0.48x	17.03x	972.26x	158.47x	0.06x	0.03x	0.01x	0.02x	0.05x	0.08x
Debt to EBITDA	5.21x	—	—	—	—	—	—	—	—	—	—
Return on assets	5.73%	0.04%	-68.27%	83.70%	-108.56%	130.81%	—	-1,767.91%	-798.20%	-462.96%	-414.38%
Book value per share	-0.01	-0.02	-0.02	-0.02	-0.03	-0.02	-0.02	-0.02	-0.02	-0.02	-0.01

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry: Wholesale-Electronic Parts & Equipment, NEC (SIC 5065)
Listed as: MEGR (OTC), FSTJ (OTC)
Fiscal year ends: December 31
Incorporated in: NV
Headquarters: Morris, IL
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1525306
Former names: GOLDEN OASIS NEW ENERGY GROUP, INC. (until Jul 10, 2013)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.