Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Rapid Line 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
FY2023
FY2024
FY2025
FY2026
Revenue
0.01
0.01
0
0
General and administrative
0.03
0.05
0.03
0.15
Operating expenses
0.03
0.05
0.03
0.15
Pre-tax income
-0.02
-0.04
-0.03
-0.15
Income tax
0
0
0
0
Net income
-0.02
-0.04
-0.03
-0.15
EPS, basic
-0.01
0.00
0.00
0.00
EPS, diluted
-0.01
0.00
0.00
0.00
Shares, basic (weighted)
2.88
3.62
3.63
3.63
Shares, diluted (weighted)
2.88
3.62
3.63
3.63
Balance sheet
FY2023
FY2024
FY2025
FY2026
Cash and equivalents
0.02
0
0
0.02
Other current assets
0
0
0
0
Total current assets
0.02
0
0
0.02
Intangible assets
0.03
0.02
0.03
0.02
Total assets
0.06
0.03
0.03
0.04
Accounts payable
0
0
Total current liabilities
0
0.01
0.01
0
Long-term debt
0.04
0.04
0
Total liabilities
0.06
0.07
0.1
0.11
Total debt
0.04
0.04
Paid-in capital
0.02
0.02
0.02
0.17
Retained earnings
-0.02
-0.06
-0.09
-0.24
Shareholders' equity
-0
-0.04
-0.07
-0.07
Total equity
-0
-0.04
-0.07
-0.07
Total liabilities and equity
0.06
0.03
0.03
0.04
Shares outstanding
3.57
3.63
3.63
3.63
Cash flow statement
FY2023
FY2024
FY2025
FY2026
Net income
-0.02
-0.04
-0.03
-0.15
Change in payables
0
0
Cash from operations
-0.01
-0.03
-0.03
-0.15
Cash from investing
0
Stock issued
0.02
0
0
Cash from financing
0.03
0.01
0.03
0.17
Net change in cash
0.02
-0.02
-0
0.02
Interest paid
0
0
0
0
Income taxes paid
0
0
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to July 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.17 on October 22, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-1,064.0%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
33.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-8.8%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
0.0%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
8.1%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
6.49x
Current assets / current liabilities.
Quick ratio
6.45x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
6.45x
(Cash + short-term investments) / current liabilities.
Net 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
$0.00
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.09
Cash from operations / diluted weighted shares.
Book value per share
-$0.04
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
Earnings yield
-49.8%
Net income / market cap (the inverse of P/E).
What was Rapid Line Inc.'s revenue in fiscal 2026?
Rapid Line Inc. reported revenue of $0.0 for fiscal 2026.
Was Rapid Line Inc. profitable in fiscal 2026?
No. It reported a net loss of $145.1K.
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.