NASDAQ : RUBI
Rubico Inc. — Financial statements
Industrials · Marine Shipping · Greece
Last price 2.03 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 73.69K
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Rubico Inc. (RUBI) reported revenue of 21.23M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 21.23M | 23.52M | 24.20M | 24.48M | 24.78M | 7.81M |
| Cost of Revenue | 5.33M | 4.99M | 5.15M | 5.32M | 5.41M | 1.71M |
| Gross Profit | 15.90M | 18.53M | 19.05M | 19.15M | 19.38M | 6.10M |
| Selling, General & Admin | 2.50M | 1.95M | 2.45M | 2.24M | 922.00K | 349.00K |
| Operating Expenses | 9.31M | 6.13M | 6.63M | 6.72M | 5.40M | 1.77M |
| Operating Income | 6.59M | 12.40M | 12.42M | 12.44M | 13.97M | 4.33M |
| Interest Expense | -6.00M | -6.61M | -6.42M | -5.84M | -3.28M | -834.00K |
| Interest & Investment Income | 194.00K | 62.00K | 25.00K | 62.00K | ||
| Other Non Operating Income (Expenses) | -3.21M | -3.21M | -82.00K | -28.00K | -29.00K | -15.00K |
| Pretax Income | -2.42M | 2.65M | 5.94M | 6.63M | 10.66M | 3.48M |
| Net Income | -2.42M | 2.65M | 5.94M | 6.63M | 10.66M | 3.48M |
| Preferred Dividends & Other Adjustments | 844.00K | 824.00K | ||||
| Net Income to Common | -3.27M | 2.65M | 5.94M | 6.63M | 10.66M | 2.66M |
| Free Cash Flow | -3.90M | 11.33M | 10.50M | 11.80M | 15.45M | -44.52M |
| Gross Margin | 74.91% | 78.78% | 78.72% | 78.25% | 78.17% | 78.15% |
| Operating Margin | 31.05% | 52.71% | 51.31% | 50.80% | 56.38% | 55.44% |
| Profit Margin | -15.39% | 11.24% | 24.56% | 27.09% | 43.02% | 34.01% |
| Free Cash Flow Margin | -18.36% | 48.17% | 43.37% | 48.22% | 62.34% | -570.15% |
| EBITDA | 10.77M | 16.58M | 16.60M | 16.92M | 18.45M | 5.75M |
| EBITDA Margin | 50.74% | 70.48% | 68.58% | 69.11% | 74.45% | 73.68% |
| D&A For EBITDA | 4.18M | 4.18M | 4.18M | 4.48M | 4.48M | 1.43M |
| EBIT | 6.59M | 12.40M | 12.42M | 12.44M | 13.97M | 4.33M |
| EBIT Margin | 31.05% | 52.71% | 51.31% | 50.80% | 56.38% | 55.44% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.66M | 3.96M | 1.16M | 2.79M | 1.38M | 1.65M |
| Cash & Short-Term Investments | 10.66M | 3.96M | 1.16M | 2.79M | 1.38M | 1.65M |
| Accounts Receivable | 328.00K | 1.02M | 229.00K | |||
| Other Receivables | 1.83M | 1.08M | ||||
| Receivables | 2.16M | 2.10M | 229.00K | |||
| Inventory | 260.00K | 194.00K | 176.00K | 202.00K | 69.00K | 34.00K |
| Prepaid Expenses | 361.00K | 788.00K | 127.00K | 181.00K | 43.00K | 76.00K |
| Other Current Assets | 351.00K | |||||
| Total Current Assets | 13.44M | 7.05M | 2.04M | 3.18M | 1.49M | 1.76M |
| Property, Plant & Equipment | 104.10M | 106.19M | 110.37M | 114.55M | 59.64M | 61.88M |
| Long-Term Deferred Charges | 432.00K | |||||
| Other Long-Term Assets | 32.26M | 20.40M | 1.00M | 1.00M | 500.00K | 500.00K |
| Total Assets | 149.80M | 134.07M | 113.41M | 118.73M | 61.63M | 64.14M |
| Accounts Payable | 3.83M | 2.83M | 901.00K | 255.00K | 201.00K | 108.00K |
| Accrued Expenses | 1.63M | 736.00K | 299.00K | 299.00K | 246.00K | 126.00K |
| Current Portion of Long-Term Debt | 4.35M | 4.34M | 4.22M | 4.22M | 2.93M | 2.92M |
| Current Unearned Revenue | 2.03M | 2.09M | 2.19M | 2.41M | 1.05M | 1.05M |
| Other Current Liabilities | 22.30M | |||||
| Total Current Liabilities | 11.84M | 10.00M | 7.62M | 7.19M | 4.42M | 26.51M |
| Long-Term Debt | 81.42M | 77.94M | 71.58M | 75.81M | 30.24M | 33.15M |
| Long-Term Unearned Revenue | 1.10M | 330.00K | 102.00K | |||
| Total Liabilities | 94.45M | 88.27M | 79.30M | 82.99M | 34.66M | 59.66M |
| Common Stock | 6.00K | 4.00K | 3.07M | 10.63M | 18.00M | 1.00M |
| Additional Paid-In Capital | 20.41M | 14.03M | ||||
| Retained Earnings | 29.82M | 31.76M | 31.05M | 25.11M | 8.96M | 3.48M |
| Total Common Equity | 50.48M | 45.80M | 34.12M | 35.73M | 26.96M | 4.48M |
| Shareholders' Equity | 55.36M | 45.80M | 34.12M | 35.73M | 26.96M | 4.48M |
| Total Liabilities & Equity | 149.80M | 134.07M | 113.41M | 118.73M | 61.63M | 64.14M |
| Total Debt | 85.77M | 82.28M | 75.80M | 80.03M | 33.16M | 36.07M |
| Net Cash (Debt) | -75.11M | -78.32M | -74.64M | -77.24M | -31.79M | -34.42M |
| Filing Date Shares Outstanding | 907.52K | 45.44K | ||||
| Working Capital | 1.60M | -2.96M | -5.57M | -4.01M | -2.94M | -24.75M |
| Tangible Book Value | 50.48M | 45.80M | 34.12M | 35.73M | 26.96M | 4.48M |
| Machinery | 126.65M | 126.65M | 126.65M | 126.65M | 63.30M | 63.30M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -2.42M | 2.65M | 5.94M | 6.63M | 10.66M | 3.48M |
| Depreciation & Amortization | 6.27M | 4.18M | 4.18M | 4.48M | 4.48M | 1.43M |
| Other Amortization | 1.41M | 1.41M | 195.00K | 713.00K | 180.00K | 64.00K |
| Other Operating Activities | 3.61M | 3.15M | ||||
| Change in Accounts Receivable | -795.00K | -795.00K | -229.00K | 5.00K | -5.00K | |
| Change in Inventory | -18.00K | -18.00K | 26.00K | -31.00K | 5.00K | -76.00K |
| Change in Accounts Payable | 1.73M | 1.73M | 753.00K | -180.00K | 71.00K | 109.00K |
| Change in Unearned Revenue | 121.00K | 121.00K | -111.00K | 303.00K | 1.05M | |
| Change in Other Net Operating Assets | -1.08M | -1.08M | -261.00K | -117.00K | 144.00K | 51.00K |
| Operating Cash Flow | 8.81M | 11.33M | 10.50M | 11.80M | 15.54M | 6.11M |
| Capital Expenditures | -12.70M | -85.00K | -50.63M | |||
| Cash Acquisitions | -19.93M | -19.93M | ||||
| Investing Cash Flow | -32.64M | -19.93M | -85.00K | -50.63M | ||
| Short-Term Debt Issued | 10.66M | |||||
| Long-Term Debt Issued | 104.50M | 82.00M | 38.00M | |||
| Total Debt Issued | 110.26M | 104.50M | 82.00M | 48.66M | ||
| Long-Term Debt Repaid | -99.23M | -4.40M | -66.18M | -5.46M | -1.50M | |
| Net Debt Issued (Repaid) | 10.98M | 5.27M | -4.40M | 15.82M | -5.46M | 47.16M |
| Issuance of Common Stock | 46.16M | 13.66M | ||||
| Other Financing Activities | -23.09M | -7.63M | -7.73M | -27.27M | -10.47M | -491.00K |
| Financing Cash Flow | 33.87M | 11.30M | -12.13M | -11.44M | -15.93M | 46.67M |
| Net Cash Flow | 10.04M | 2.70M | -1.63M | 361.00K | -481.00K | 2.15M |
| Free Cash Flow | -3.90M | 11.33M | 10.50M | 11.80M | 15.45M | -44.52M |
| Free Cash Flow Margin | -18.36% | 48.17% | 43.37% | 48.22% | 62.34% | -570.15% |
| Levered Free Cash Flow | -2.99M | 9.27M | 8.06M | 10.51M | -10.83M | |
| Unlevered Free Cash Flow | -647.62K | 11.99M | 11.88M | 13.44M | -8.96M | |
| Cash Interest Paid | 4.46M | 5.02M | 6.15M | 5.33M | 2.97M | 695.00K |
| Change in Working Capital | -52.00K | -52.00K | 178.00K | -20.00K | 215.00K | 1.14M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 71.87K | 2.61M | ||||
| Enterprise Value | 75.18M | 75.79M | ||||
| Last Close Price | 2.03 | 34,775.03 | ||||
| PE Ratio | 0.99 | |||||
| PS Ratio | 0.00 | 0.11 | ||||
| PB Ratio | 0.00 | 0.06 | ||||
| P/TBV Ratio | 0.00 | 0.06 | ||||
| P/FCF Ratio | 0.23 | |||||
| P/OCF Ratio | 0.01 | 0.23 | ||||
| EV/Sales Ratio | 3.54 | 3.22 | ||||
| EV/EBITDA Ratio | 6.98 | 4.57 | ||||
| EV/EBIT Ratio | 11.41 | 6.11 | ||||
| EV/FCF Ratio | 6.69 | |||||
| Debt / Equity Ratio | 1.55 | 1.80 | 2.22 | 2.24 | 1.23 | 8.05 |
| Debt / EBITDA Ratio | 7.96 | 4.96 | 4.57 | 4.73 | 1.80 | 6.27 |
| Debt / FCF Ratio | 7.26 | 7.22 | 6.78 | 2.15 | ||
| Net Debt / Equity Ratio | 1.36 | 1.71 | 2.19 | 2.16 | 1.18 | 7.68 |
| Net Debt / EBITDA Ratio | 6.97 | 4.72 | 4.50 | 4.57 | 1.72 | 5.98 |
| Net Debt / FCF Ratio | -19.27 | 6.91 | 7.11 | 6.54 | 2.06 | -0.77 |
| Asset Turnover | 0.16 | 0.19 | 0.21 | 0.27 | 0.39 | |
| Inventory Turnover | 22.77 | 26.98 | 27.25 | 39.29 | 105.03 | |
| Quick Ratio | 1.08 | 0.61 | 0.18 | 0.39 | 0.31 | 0.06 |
| Current Ratio | 1.14 | 0.70 | 0.27 | 0.44 | 0.34 | 0.07 |
| Return on Equity (ROE) | -5.48% | 6.62% | 17.02% | 21.15% | 67.81% | |
| Return on Assets (ROA) | 3.15% | 6.26% | 6.69% | 8.62% | 13.89% | |
| Return on Capital Employed (ROCE) | 4.80% | 10.00% | 11.70% | 11.10% | 24.40% | 11.50% |
| Earnings Yield | -4,545.33% | 101.41% | ||||
| FCF Yield | -5,288.44% | 434.49% |