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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Commission Income $ 1,211,025 $ 1,206,502 $ 2,442,298 $ 2,355,336
Consulting Income 6,006 6,000 14,384 12,000
Website Advertising       667
Enrollment Fee Income 274 543 2,483 1,934
Total Revenues 1,217,305 1,213,045 2,459,165 2,369,937
Operating Expenses        
Salaries 860,980 875,865 1,787,776 1,651,899
Travel Expenses 98,313 110,504 177,986 167,278
Rents 187,438 173,819 359,008 347,412
Bad Debt Expense (Recovery) (18,237) 29,752 (4,616) 39,402
Depreciation And Amortization 43,453 39,174 84,362 78,690
Other General And Administrative 257,944 248,306 454,266 450,488
Impairment of Goodwill   222,110   222,110
Total Operating Expenses 1,429,891 1,699,530 2,858,782 2,957,279
Income (Loss) From Operations (212,586) (486,485) (399,617) (587,342)
Other Income (Expense)        
Interest Income 945 4,658 1,723 16,334
Investment Income 4,086 3,879 12,071 11,112
Interest Expense (484) (634) (771) (634)
Other Revenues 67,202 28,333 95,885 42,192
Gain (Loss) On Disposal Of Fixed Assets   9,070   5,166
Total Other Income (Expense) 71,749 45,306 108,908 74,170
Income (Loss) Before Provision For Income Taxes (140,837) (441,179) (290,709) (513,172)
Provision For Income Taxes 21,660 15,951 31,467 30,890
Net Income (Loss) (162,497) (457,130) (322,176) (544,062)
Less: Net Income (Loss) Attributable To The Noncontrolling Interest (42,209) (35,122) (56,672) (60,209)
Net Income (Loss) Attributable To ALCO, Inc. (204,706) (492,252) (378,848) (604,271)
Other Comprehensive Income (Loss)        
Unrealized Gain (Loss) On Marketable Securities 18,496 367 (19,363) (27,139)
Foreign Currency Translation Adjustments 22,572 3,685 (22,972) 6,465
Comprehensive Income (Loss) (121,429) (453,078) (364,511) (564,736)
Less: Comprehensive Income (Loss) Attributable To Non-Controlling Interest (46,302) (35,122) (52,680) (63,340)
Comprehensive Income (Loss) Attributable To ALCO. Inc. $ (167,731) $ (488,200) $ (417,191) $ (628,076)
Basic And Fully Diluted Earnings Per Share $ (0.02) $ (0.05) $ (0.04) $ (0.06)
Weighted Average Shares Outstanding 10,336,000 10,336,000 10,336,000 10,336,000