Rubicon Technologies Inc - Understand $rbtc stock

$RBTC Market Cap: $3.902 Million

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Financial Snapshot

Revenue

$668.1M

TTM

Gross Margin

6.09%

TTM

Net Earnings

-$32.95M

TTM

Current Assets

$143.4M

Q2 2024

Current Liabilities

$247.2M

Q2 2024

Current Ratio

58.0%

Q2 2024

Total Assets

$173.3M

Q2 2024

Total Liabilities

$270.0M

Q2 2024

Book Value

-$96.67M

Q2 2024

Cash

$8.153M

Q2 2024

P/E

-0.1184

Sep 13, 2024 EST

Free Cash Flow

-$35.47M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019
Revenue	$697.6M	$675.4M	$0.00	$0.00	$509.4M
YoY Change	3.29%			-100.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019
Revenue	$697.6M	$675.4M	$0.00	$0.00	$509.4M
Cost Of Revenue	$647.6M	$647.8M	$558.7M	$516.9M	$491.9M
Gross Profit	$49.95M	$27.56M	-$558.7M	$22.40M	$17.55M
Gross Profit Margin	7.16%	4.08%			3.44%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019
Selling, General & Admin	$64.68M	$221.5M	$67.40M	$52.50M	$54.50M
YoY Change	-70.8%	228.66%	28.38%	-3.67%
% of Gross Profit	129.48%	803.9%		234.38%	310.61%
Research & Development	$29.65M	$37.45M	$22.49M	$14.90M	$12.31M
YoY Change	-20.84%	66.56%	50.91%	21.09%
% of Gross Profit	59.35%	135.91%		66.52%	70.13%
Depreciation & Amortization	$5.186M	$1.300M	$1.600M	$6.450M	$6.434M
YoY Change	298.92%	-18.75%	-75.19%	0.25%
% of Gross Profit	10.38%	4.72%		28.79%	36.67%
Operating Expenses	$80.47M	$259.0M	$937.9K	$73.90M	$73.24M
YoY Change	-68.93%	27511.55%	-98.73%	0.9%
Operating Profit	-$30.52M	-$253.3M	-$72.61M	-$51.50M	-$55.69M
YoY Change	-87.95%	248.85%	40.98%	-7.53%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019
Interest Expense	-$33.21M	$16.90M	$22.18K	-$8.200M	-$4.562M
YoY Change	-296.5%	76094.77%	-100.27%	79.75%
% of Operating Profit
Other Income/Expense, Net	-$2.619M	-$28.41M	-$2.214M	-$400.0K	-$562.0K
YoY Change	-90.78%	1183.06%	453.5%	-28.83%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019
Pretax Income	-$77.58M	-$281.7M	-$915.7K	-$60.00M	-$60.82M
YoY Change	-72.46%	30662.47%	-98.47%	-1.34%
Income Tax	-$3.000K	-$76.00K	$1.670M	-$1.500M	-$382.0K
% Of Pretax Income
Net Earnings	-$56.94M	-$281.8M	-$915.7K	-$58.60M	-$60.44M
YoY Change	-79.79%	30670.77%	-98.44%	-3.04%
Net Earnings / Revenue	-8.16%	-41.72%			-11.86%
Basic Earnings Per Share	-$2.50	-$4.84
Diluted Earnings Per Share	-$2.50	-$0.60	-$23.16K	-$9.45	-$365.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$18.70M	$10.08M	$761.6K	$6.021M	$17.67M
YoY Change	85.48%	1223.38%	-87.35%	-65.92%
Cash & Equivalents	$18.70M	$10.08M	$761.6K	$6.021M	$17.67M
Short-Term Investments
Other Short-Term Assets	$17.10M	$12.58M	$511.5K	$6.514M	$6.855M
YoY Change	35.94%	2358.41%	-92.15%	-4.97%
Inventory
Prepaid Expenses
Receivables	$143.6M	$128.1M	$99.60M	$88.38M	$94.66M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$179.4M	$150.8M	$1.273M	$100.9M	$119.2M
YoY Change	18.97%	11743.52%	-98.74%	-15.33%
Property, Plant & Equipment	$1.992M	$5.471M	$6.500M	$6.173M	$7.234M
YoY Change	-63.59%	-15.83%	5.3%	-14.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments			$321.0M
YoY Change
Other Assets	$2.114M	$4.764M	$401.5K	$5.535M	$5.925M
YoY Change	-55.63%	1086.52%	-92.75%	-6.58%
Total Long-Term Assets	$43.90M	$53.25M	$321.4M	$58.99M	$63.49M
YoY Change	-17.56%	-83.43%	444.89%	-7.09%
Total Assets	$223.3M	$204.0M	$322.7M	$159.9M	$182.7M
YoY Change
Accounts Payable	$65.47M	$75.11M	$47.50M	$41.92M	$26.82M
YoY Change	-12.84%	58.13%	13.32%	56.31%
Accrued Expenses	$77.73M	$109.9M	$96.00K	$50.40M	$51.03M
YoY Change	-29.26%	114360.42%	-99.81%	-1.24%
Deferred Revenue
YoY Change
Short-Term Debt	$71.12M	$51.82M	$0.00	$29.37M	$35.95M
YoY Change	37.24%		-100.0%	-18.3%
Long-Term Debt Due	$0.00	$3.771M	$22.70M	$680.0K	$1.063M
YoY Change	-100.0%	-83.39%	3238.24%	-36.03%
Total Short-Term Liabilities	$257.5M	$267.4M	$198.7K	$127.4M	$118.6M
YoY Change	-3.68%	134478.45%	-99.84%	7.5%
Long-Term Debt	$97.30M	$80.06M	$0.00	$47.02M	$18.05M
YoY Change	21.55%		-100.0%	160.55%
Other Long-Term Liabilities	$7.220M	$10.84M	$11.07M	$4.722M	$6.097M
YoY Change	-33.41%	-2.05%	134.41%	-22.55%
Total Long-Term Liabilities	$104.5M	$90.90M	$11.07M	$51.75M	$24.15M
YoY Change	14.99%	721.2%	-78.61%	114.31%
Total Liabilities	$490.4M	$507.2M	$11.27M	$181.1M	$145.7M
YoY Change	-3.32%	4401.72%	-93.78%	24.25%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022
Basic Shares Outstanding	22.80M	6.236M
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $3.9024 Million

About Rubicon Technologies Inc

Rubicon Technologies, Inc. engages in the operation of a digital marketplace that provides a suite of software products for waste, recycling, and smart city solutions. The company is headquartered in Lexington, Kentucky and currently employs 340 full-time employees. The company went IPO on 2021-10-15. The firm is a provider of cloud-based waste and recycling solutions for businesses, governments, and organizations worldwide. The firm provides its waste generator customers with a platform that delivers transparency, self-service capabilities, and customer experiences. Its programs span cardboard (OCC), plastic, paper, metal, glass, pallets, electronics recycling, construction, and demolition (C&D), organics recycling (including food waste and composting services), grease and oil recycling, and single-stream recycling (SSR), among other adjacent services. The firm also offers various solutions for haulers and recyclers, which include RUBICONPro App, RUBICONPro Pod, and RUBICONSelect.

Industry: Services-Prepackaged Software Peers: 8x8 Inc American Software Inc Blend Labs Inc Rimini Street Inc Mitek Systems Inc ON24 Inc Salesforce Inc UserTesting, Inc.