Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Rubico 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
FY2025
FY2025
Revenue
24.5
24.2
23.5
General and administrative
1.69
1.89
1.26
Operating income
12.4
12.4
12.4
Interest expense
5.87
6.5
8.26
Interest income
0.06
0.03
0.06
Other non-operating income
-5.81
-6.48
-9.76
Net income
6.63
5.94
2.65
EPS, basic
507.54
454.96
49.07
EPS, diluted
507.54
454.96
49.07
Shares, basic (weighted)
0.01
0.01
0.05
Shares, diluted (weighted)
0.01
0.01
0.05
Balance sheet
FY2023
FY2025
FY2025
Cash and equivalents
2.79
1.16
3.96
Receivables
0.23
1.02
Inventory
0.18
0.19
Other current assets
0.13
0.79
Total current assets
2.04
7.05
Property, plant and equipment
110
106
Total assets
113
134
Accounts payable
0.9
2.84
Accrued liabilities
0.3
0.74
Short-term debt
4.22
4.35
Total current liabilities
7.62
10
Long-term debt
71.6
77.9
Total liabilities
79.3
88.3
Total debt
75.8
82.3
Paid-in capital
0
14
Retained earnings
31
31.8
Shareholders' equity
35.7
34.1
45.8
Total equity
35.7
34.1
45.8
Total liabilities and equity
113
134
Shares outstanding
0
0.39
Cash flow statement
FY2023
FY2025
FY2025
Net income
6.63
5.94
2.65
Change in receivables
0.01
-0.23
-0.8
Change in inventory
-0.03
0.03
-0.02
Change in payables
-0.18
0.75
1.73
Cash from operations
11.8
10.5
11.3
Cash from investing
0
0
-19.9
Debt repaid
-61.2
0
-73.6
Stock issued
0
0
13.7
Cash from financing
-11.4
-12.1
11.3
Net change in cash
0.36
-1.63
2.7
Interest paid
5.33
6.15
5.02
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.13 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
52.7%
Operating income / revenue.
Net margin
11.2%
Net income / revenue.
Operating cash flow margin
48.2%
Cash from operations / revenue.
Return on equity (ROE)
6.6%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
2.1%
Net income / average total assets.
Return on invested capital (ROIC)
8.4%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-2.8%
Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-0.2%
Operating income vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-55.5%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-89.2%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
7.9%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
34.2%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
18.2%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
312.6%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.70x
Current assets / current liabilities.
Quick ratio
0.50x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.40x
(Cash + short-term investments) / current liabilities.
Debt / equity
1.80x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
61.4%
Total debt / total assets.
Liabilities / assets
65.8%
Total liabilities / total assets.
Net debt
$78.3M
Total debt - cash - short-term investments. Negative means more cash than debt.
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.
EPS, basic
$49.07
Net income per basic share, as reported (split-adjusted).
Revenue per share
$436.36
Revenue / diluted weighted shares.
Operating cash flow per share
$210.21
Cash from operations / diluted weighted shares.
Book value per share
$118.80
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
0.77x
Market cap / net income. Only when net income is positive.
P/S
0.09x
Market cap / revenue.
P/B
0.04x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.04x
Market cap / tangible book value, when positive.
P/OCF
0.18x
Market cap / cash from operations, when positive.
EV/Sales
3.42x
Enterprise value / revenue.
EV/EBIT
6.48x
Enterprise value / operating income, when both are positive.
Earnings yield
130.7%
Net income / market cap (the inverse of P/E).
What was Rubico Inc.'s revenue in fiscal 2025?
Rubico Inc. reported revenue of $23.5M for fiscal 2025, 2.8% lower than the year before.
Was Rubico Inc. profitable in fiscal 2025?
Yes. Net income was $2.6M, a net margin of 11.2%.
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.