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Anonymous
Anyone knows where or is it even possible to get financial statements of private companies?
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You may get some info from purchasing their Acra. But most of these private company information not for public. Unless you're buying over their company then can request them for their financial statements.
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Yes, it is possible. You can buy them from ACRA. However ACRA charges you each financial statement per company. If a private company has many subsidaries, you may have to purchase each subsidary financial statements to get a whole picture. Alternatively, you can be lazy and just buy the financial statment of the main company and hope you get a good picture of the private company.
I wonder why so many people answered "no" to this question here....
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Pang Zhe Liang
07 Dec 2019
Lead of Research & Solutions at Havend Pte Ltd
Since it is private company, the statement will not be made public. The best alternative is to check with the company itself, or if you know anyone there who is able to help you.
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Dont think you cant get them unless your are a VC and you want to buy them out haha....
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Yeah, it is possible! I was working in a company previously and we would buy financial statements of private companies from ACRA!