Right On Brands, Inc. (RTON)

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CIK 0001580262 · OTC · Retail-Miscellaneous Retail

  • Sector Retail Trade
  • Incorporated NV
  • Fiscal year ends Mar 31

In fiscal 2023, Right On Brands, Inc. reported revenue of $1.14M, up 13.9% from the prior year. The company was profitable, with a net margin of 0.8% and a gross margin of 53.3%. It held $206.8K in total assets against $703.9K in total liabilities.

Key ratios (FY2023)

53.3%
Gross margin
-12.0%
Operating margin
0.8%
Net margin
+13.9%
Revenue growth (YoY)
Metric (FY)2023202220212020201920182017201620152014
Revenue$1.14M$997.1K$78.0K$328.6K$255.8K$9.3K$587$16.1K$23.3K$4.9K
Cost of Revenue$530.5K$557.1K$56.7K$307.3K$168.9K$7.4K
Gross Profit$605.5K$440.0K$21.3K$21.3K$86.9K$1.9K$587
Operating Income-$135.9K-$55.7K-$401.4K-$947.2K
Net Income$8.7K-$257.0K-$1.85M-$3.48M-$6.09M-$804.1K-$2.94M-$50.9K-$71.0K-$106.7K
EPS (Diluted)$0.00$0.00$-0.09$-0.01$0.00
Total Assets$206.8K$234.1K$236.6K$237.4K$357.2K$3.05M$181.9K$31.9K$61.1K$90.3K
Total Liabilities$703.9K$800.1K$1.65M$2.42M$2.09M$68.2K$92.0K$114.6K$116.9K
Shareholders' Equity-$521.5K-$590.4K-$1.43M-$2.18M-$1.73M$2.98M$90.0K-$82.8K-$55.8K$15.2K
Cash & Equivalents$67.2K$90.9K$47.5K
Operating Cash Flow-$66.1K-$150.7K-$203.0K-$683.0K-$873.6K-$524.8K-$172.3K-$24.7K-$16.5K-$52.3K
Capital Expenditures$6.0K$0$18.0K-$1.3K$1.8K$1.6K$1.4K$7.4K
Shares Outstanding6.09B54.78M40.79M32.25M32.22M31.82M