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Financial statements

Starco Brands, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Starco Brands, 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue0.430.010.130.241.370.677.8165.2
Cost of revenue0.50.7837.4
Gross profit-0.080.010.677.042620.915.7
Selling, general and administrative0.311.162.7619.818.913.2
General and administrative0.250.350.250.160.51
Operating expenses0.630.690.610.390.842.965.8971.435.334.4
Operating income-0.71-0.68-0.48-0.150.53-2.291.15-45.5-14.4-18.8
Interest expense0.010.050.030.030.040.030.070.13
Other non-operating income0.02-0.03-0.17-0.95-2.94-1.89
Pre-tax income0.54-2.330.98-46.4-17.3-20.7
Income tax00
Net income to minority interests0-0.070.17-0.210.320.25
Net income-0.71-0.73-0.44-0.140.54-2.250.81-46.2-17.7-20.9
EBITDA-0.69-0.68-0.48-0.15-2.291.17-45.4-14.4-18.8
EPS, basic0.00-0.010.00-0.10-0.03-0.03
EPS, diluted0.00-0.010.00-0.10-0.03-0.03
Shares, basic (weighted)0.881.56134159159159179447625734
Shares, diluted (weighted)0.881.56134159159159193447625734

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.31000.770.341.481.761.211.82
Receivables00.020.010.050.172.569.662.99
Inventory03.0310.78.254.51
Other current assets0.010.040.030.040.020.730.93.140.942.59
Total current assets0.010.360.040.060.841.257.9725.217.811.9
Property, plant and equipment000.030.060.350.17
Lease right-of-use assets0.0900.060.540.46
Goodwill032.826.712.411.2
Intangible assets00.020.231.428.612.1
Total assets0.010.370.050.150.841.3641.283.359.735.9
Accounts payable0.420.190.170.190.210.593.259.8
Accrued liabilities0.070
Short-term debt00.053.118.396.2
Total current liabilities0.80.90.91.051.12.817.6957.73213.3
Long-term debt7.97
Lease liabilities0.050.480.4
Total liabilities0.80.90.91.091.14.118.3357.732.521.7
Paid-in capital14.61515.515.615.71643.375.199.5107
Retained earnings-15.4-16.1-16.5-16.7-16.1-18.4-17.6-63.8-81.4-102
Treasury stock0-0.39-0.39-0.39-0.33-0.33
Shareholders' equity-0.79-0.53-0.85-0.94-0.25-2.6732.817.218.45.12
Minority interests0-0.070.098.518.839.08
Total equity-0.79-0.53-0.85-0.94-0.25-2.7532.925.727.214.2
Total liabilities and equity0.010.370.050.150.841.3641.283.359.735.9
Shares outstanding0.922.42159159159159291

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-0.71-0.73-0.44-0.140.54-2.330.98-46.4-17.3-20.7
Depreciation and amortization0.0100000.020.010.020.01
Stock-based compensation0.010.010.10.010.5310.51.732.04
Change in receivables-0.1600.01-0-0.03-0.130.09-1.771.862.18
Change in inventory-00.135.672.433.08
Change in payables0.190.010.030.030.020.390.10.440.86-3.5
Cash from operations-0.05-0.6-0.32-0.040.67-1.840.380.692.22-0.9
Capital expenditures-0.04-0.31-0.11
Acquisitions-1.46
Cash from investing0-0.12-1.46-0.23-0.44-0.13
Stock issued0.600.60.15
Share buybacks0-0.07-0.13-0.13
Cash from financing0.010.9100.050.11.522.22-0.18-2.331.64
Net change in cash0.77-0.431.140.28-0.550.61
Free cash flow0.651.9-1.01
Interest paid0.030.030.030.030.070.590.850.82
Income taxes paid00

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 $0.03 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-692.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-67.9%Net income / average total assets.
Return on invested capital (ROIC)-703.6%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

MetricValueHow it is calculated
Gross profit growth, 1y-25.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y30.5%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y-140.7%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-153.2%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-72.2%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-46.1%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-40.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-4.5%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y111.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y17.4%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y56.1%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, 5y35.8%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 ratio0.81xCurrent assets / current liabilities.
Quick ratio0.25x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.07x(Cash + short-term investments) / current liabilities.
Liabilities / assets63.8%Total liabilities / total assets.
Working capital-$2.5MCurrent assets - current liabilities.
Goodwill and intangibles / assets66.7%(Goodwill + intangible assets) / total assets.
Tangible book value-$19.4MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.03Net 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.
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-$0.02Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$22.0MShare price x shares outstanding.
Enterprise value$21.1MMarket cap + total debt - cash - short-term investments.
P/B6.56xMarket cap / shareholders' equity. Only when equity is positive.
Earnings yield-105.6%Net income / market cap (the inverse of P/E).
Was Starco Brands, Inc. profitable in fiscal 2025?

No. It reported a net loss of $20.9M.

How much free cash flow did Starco Brands, Inc. generate in fiscal 2025?

Cash from operations of $900.8K minus capital expenditures of $113.0K left free cash flow of -$1.0M.

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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