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Financial statements

Reborn Coffee, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Reborn Coffee, 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

FY2017FY2017FY2022FY2022FY2023FY2024FY2025
Revenue2.283.245.515.938.09
Cost of revenue0.030.020.110.140.65
Gross profit2.253.225.45.797.44
General and administrative00.023.995.668.166.867.75
Operating expenses00.03
Operating income00.03-2.56-3.54-4.54-4.62-5.79
Interest expense0.020.030.130.220.16
Other non-operating income-0.01-0.17-0.19-3.1
Pre-tax income-3.44-3.55-4.72-4.81-8.9
Income tax000.0100.11
Net income to minority interests0.13
Net income-0-0.03-3.44-3.55-4.73-4.81-9.14
EBITDA-2.39-3.33-4.28-4.23-5.34
EPS, basic-3.05-2.76-2.86-1.66-1.73
EPS, diluted-3.05-2.76-2.86-1.66-1.73
Shares, basic (weighted)8.8412.91.121.281.652.95.29
Shares, diluted (weighted)8.8412.91.121.281.652.95.29

Balance sheet

FY2017FY2017FY2022FY2022FY2023FY2024FY2025
Cash and equivalents0.090.913.020.160.162.59
Receivables00.060.070.95
Inventory0.090.130.190.170.06
Other current assets0.190.480.360.470.55
Total current assets1.193.630.770.866.88
Property, plant and equipment1.111.583.494.082.89
Lease right-of-use assets2.473.014.572.652.16
Other non-current assets0.430.190.25
Total assets0.094.768.469.257.7913.2
Accounts payable0.050.090.630.560.56
Accrued liabilities0.230.610.770.82
Short-term debt0.010.030.3
Total current liabilities00.911.073.822.786.69
Lease liabilities2.012.533.731.911.35
Total liabilities03.574.178.415.198.54
Total debt0.010.030.50.50.5
Paid-in capital0.119.6716.317.622.734.4
Retained earnings-0-0.03-8.48-12-16.8-21.6-30.7
Other comprehensive income0.02
Shareholders' equity0.091.24.290.852.6
Minority interests0.13
Total equity0.091.24.290.852.64.65
Total liabilities and equity0.094.768.469.257.7913.2
Shares outstanding1.221.381.874.277.85

Cash flow statement

FY2017FY2017FY2022FY2022FY2023FY2024FY2025
Net income-0-0.03-3.44-3.55-4.73-4.81-9.01
Depreciation and amortization0.170.210.260.390.45
Stock-based compensation0.550.440.290.791.48
Change in receivables0-0-0.06-0.01-1.61
Change in inventory-0.07-0.04-0.050.020.11
Change in payables-0.030.040.54-0.05
Cash from operations-0-0.02-1.95-3.3-3.18-3.45-6.51
Capital expenditures-0.35-0.68-2.41-1.11-0.05
Cash from investing-0.5-0.68-2.41-0.98-2.98
Debt issued2.697.2
Debt repaid-0.02-0.02-0.05
Stock issued0.117.24.288.38
Cash from financing-00.113.226.092.744.4211.9
Net change in cash-00.090.782.11-2.85-0.012.44
Free cash flow-2.3-3.98-5.59-4.56-6.56
Interest paid0.020.010.130.130.08
Income taxes paid00000.11

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.24 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-13.3%Operating income / revenue.
EBITDA margin-9.3%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-33.6%Pre-tax income / revenue.
Net margin-37.6%Net income / revenue.
FCF margin-31.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-31.1%Cash from operations / revenue.
Return on assets (ROA)-51.2%Net income / average total assets.
Stock-based pay / revenue-5.5%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.5%Capital expenditures / revenue.
D&A / revenue4.0%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y36.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y35.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y28.7%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y32.3%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y69.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y15.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y82.8%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y60.7%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.65xCurrent assets / current liabilities.
Quick ratio0.14x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Debt / assets4.2%Total debt / total assets.
Liabilities / assets93.8%Total liabilities / total assets.
Net debt$190.1KTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital-$3.2MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover1.36xRevenue / average total assets.
Fixed asset turnover5.99xRevenue / average property, plant and equipment.
Receivables turnover16.0xRevenue / average receivables.
Days sales outstanding23 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.74Net 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$1.96Revenue / diluted weighted shares.
FCF per share-$0.62Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.61Cash from operations / diluted weighted shares.
Cash per share$0.04(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$10.2MShare price x shares outstanding.
Enterprise value$10.4MMarket cap + total debt - cash - short-term investments.
P/S0.63xMarket cap / revenue.
EV/Sales0.64xEnterprise value / revenue.
FCF yield-50.0%Free cash flow / market cap.
Earnings yield-59.4%Net income / market cap (the inverse of P/E).
What was Reborn Coffee, Inc.'s revenue in fiscal 2025?

Reborn Coffee, Inc. reported revenue of $8.1M for fiscal 2025, 36.5% higher than the year before.

Was Reborn Coffee, Inc. profitable in fiscal 2025?

No. It reported a net loss of $9.1M.

How much free cash flow did Reborn Coffee, Inc. generate in fiscal 2025?

Cash from operations of $6.5M minus capital expenditures of $51.2K left free cash flow of -$6.6M.

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.

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