Invesaro

Stocks KITL Financial statements

Financial statements

Kisses From Italy Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Kisses From Italy Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2018FY2018FY2019FY2020FY2021FY2022FY2023
Revenue0.740.440.460.510.40.390.23
Cost of revenue0.30.210.210.110.20.210.12
Gross profit0.440.230.250.40.20.180.11
General and administrative0.130.110.150.150.160.230.25
Operating expenses1.050.593.013.644.340.683.67
Operating income-0.62-0.36-2.76-3.24-4.14-0.5-3.56
Interest expense00.18
Other non-operating income-0.05-0.11-0.34-0.5-0.8-0.36-1.31
Pre-tax income-0.66-0.47-3.1-3.74-4.94-0.86-4.87
Income tax0000000
Net income to minority interests-0.01-0.03-0.02-0.030-0.010
Net income-0.65-0.45-3.08-3.71-4.94-0.85-4.87
EBITDA-0.58-0.32-2.72-3.19-4.14-0.5-3.52
EPS, basic-0.01-0.01-0.03-0.03-0.030.00-0.02
EPS, diluted-0.01-0.01-0.03-0.03-0.030.00-0.02
Shares, basic (weighted)7681.892.8141169185257
Shares, diluted (weighted)7681.892.8141169185257

Balance sheet

FY2018FY2018FY2019FY2020FY2021FY2022FY2023
Cash and equivalents0.050.020.030.030.140.320.02
Receivables00.010.010.010.01
Inventory0000.010.010.01
Other current assets00
Total current assets0.050.020.030.050.210.40.04
Property, plant and equipment0.130.090.060.010.0100
Lease right-of-use assets00.470
Other non-current assets0000000
Total assets0.180.110.10.060.210.920.09
Accounts payable0.010.050.070.060.050.090.11
Accrued liabilities0.120.160.140.150.130.150.04
Total current liabilities0.180.210.210.210.191.110.83
Long-term debt00.010.0100.1
Lease liabilities00.430
Total liabilities0.180.490.220.240.211.530.93
Paid-in capital1.551.644.958.6113.713.918.4
Retained earnings-1.68-2.12-5.21-8.92-13.9-14.7-19.6
Shareholders' equity-0.05-0.4-0.14-0.150.02-0.58-0.85
Minority interests0.050.030.01-0.02-0.02-0.03-0.03
Total equity0-0.38-0.13-0.170.01-0.61-0.88
Total liabilities and equity0.180.110.10.060.210.920.09
Shares outstanding81.881.8127155181189337

Cash flow statement

FY2018FY2018FY2019FY2020FY2021FY2022FY2023
Net income-0.66-0.47-3.1-3.74-4.94-0.86-4.87
Depreciation and amortization0.040.040.040.05000.04
Stock-based compensation0.4702.312.261.780.010.31
Change in receivables0-0.01-0.01-00.01
Change in inventory0-00-0-0.010
Change in payables0.010.040.02-0-0.010.030.1
Cash from operations-0.15-0.27-0.42-0.17-0.45-0.58-0.84
Capital expenditures-00-0.01-0-0-0.040
Cash from investing-00-0.01-0-0-0.040
Debt issued0.010
Stock issued00.020.4400.07
Cash from financing0.170.240.440.180.560.810.54
Exchange rate effect0-0
Net change in cash0.02-0.0300.010.10.19-0.3
Free cash flow-0.15-0.27-0.43-0.17-0.45-0.62-0.84
Interest paid0.01000000
Income taxes paid0000000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2024; growth uses fiscal years. Valuation uses the share price of $0.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin31.7%Gross profit / revenue.
Operating margin-907.6%Operating income / revenue.
EBITDA margin-907.6%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-764.1%Pre-tax income / revenue.
Net margin-714.1%Net income / revenue.
Operating cash flow margin-255.2%Cash from operations / revenue.
Return on assets (ROA)-9,495.0%Net income / average total assets.
Stock-based pay / revenue7.4%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue0.0%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-42.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-24.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-12.7%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-39.5%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-35.4%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-14.4%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-90.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y10.6%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-5.7%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y38.8%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y22.2%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y25.7%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.01xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets18,130.0%Total liabilities / total assets.
Working capital-$974.5KCurrent assets - current liabilities.
Tangible book value-$941.5KShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover13.3xRevenue / average total assets.
Inventory turnover40.3xCost of revenue / average inventory.
Days inventory9 days365 x average inventory / cost of revenue.
Receivables turnover21.3xRevenue / average receivables.
Days sales outstanding17 days365 x average receivables / revenue.
Days payables1,016 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-990 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.00Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.00Revenue / diluted weighted shares.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Book value per share-$0.00Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.00Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$407.8KShare price x shares outstanding.
Enterprise value$406.9KMarket cap + total debt - cash - short-term investments.
P/S5.67xMarket cap / revenue.
EV/Sales5.66xEnterprise value / revenue.
Earnings yield-125.9%Net income / market cap (the inverse of P/E).
What was Kisses From Italy Inc.'s revenue in fiscal 2023?

Kisses From Italy Inc. reported revenue of $226.0K for fiscal 2023, 42.3% lower than the year before.

Was Kisses From Italy Inc. profitable in fiscal 2023?

No. It reported a net loss of $4.9M.

How much free cash flow did Kisses From Italy Inc. generate in fiscal 2023?

Cash from operations of $835.1K minus capital expenditures of $0.0 left free cash flow of -$835.1K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to Kisses From Italy Inc.