NYSE : RFL
Rafael Holdings, Inc. — Financial statements
Real Estate · Real Estate Services · United States
Last price 1.12 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 58.24M
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Financial statements
Income statement
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Rental Revenue | 874.00K | 874.00K | 824.00K | 282.00K | 279.00K | 290.00K |
| Other Revenue | 93.00K | 355.00K | 120.00K | |||
| Total Revenue | 874.00K | 874.00K | 917.00K | 637.00K | 279.00K | 410.00K |
| Property Expenses | 42.00K | 42.00K | 134.00K | 154.00K | ||
| Selling, General & Administrative | 34.04M | 34.04M | 25.60M | 102.17M | 15.24M | 20.72M |
| Depreciation & Amortization | 204.00K | 204.00K | 288.00K | 225.00K | 78.00K | 72.00K |
| Total Operating Expenses | 34.28M | 34.28M | 26.03M | 71.24M | 15.32M | 20.79M |
| Operating Income | -33.41M | -33.41M | -25.11M | -70.61M | -15.04M | -20.38M |
| Interest Expense | -333.00K | -333.00K | -658.00K | -248.00K | -6.00K | |
| Interest & Investment Income | 1.24M | 1.24M | 2.00M | 2.38M | 3.25M | 201.00K |
| Income (Loss) on Equity Investments | -422.00K | -203.00K | -575.00K | |||
| Other Non-Operating Income | 117.00K | 117.00K | 280.00K | 118.00K | -35.09M | |
| EBT Excluding Unusual Items | -32.39M | -32.39M | -23.49M | -68.78M | -11.99M | -55.86M |
| Merger & Restructuring Charges | -1.00M | -716.00K | ||||
| Impairment of Goodwill | -3.05M | |||||
| Gain (Loss) on Sale of Investments | -5.68M | 1.81M | 3.04M | -79.69M | ||
| Gain (Loss) on Sale of Assets | 30.00K | |||||
| Other Unusual Items | 4.42M | 4.42M | -5.00M | |||
| Pretax Income | -27.97M | -27.97M | -33.20M | -67.68M | -8.95M | -140.55M |
| Income Tax Expense | -13.00K | -13.00K | -2.55M | -2.68M | -255.00K | |
| Earnings From Continuing Operations | -27.95M | -27.95M | -30.64M | -65.00M | -8.69M | -140.55M |
| Earnings From Discontinued Operations | 6.48M | -1.83M | ||||
| Net Income to Company | -27.95M | -27.95M | -30.64M | -65.00M | -2.21M | -142.38M |
| Minority Interest in Earnings | -1.68M | -1.68M | 123.00K | 30.59M | 339.00K | 17.72M |
| Net Income | -29.64M | -29.64M | -30.52M | -34.41M | -1.88M | -124.66M |
| Net Income to Common | -29.64M | -29.64M | -30.52M | -34.41M | -1.88M | -124.66M |
| Basic Shares Outstanding | 51.39M | 51.39M | 29.42M | 23.75M | 23.26M | 19.77M |
| Diluted Shares Outstanding | 51.39M | 51.39M | 29.42M | 23.75M | 23.26M | 19.77M |
| EPS (Basic) | -0.58 | -0.58 | -1.04 | -1.45 | -0.08 | -6.31 |
| EPS (Diluted) | -0.58 | -0.58 | -1.04 | -1.45 | -0.08 | -6.31 |
| Operating Margin | -3,822.54% | -3,822.54% | -2,738.17% | -11,084.14% | -5,391.76% | -4,971.22% |
| Profit Margin | -3,390.73% | -3,390.73% | -3,328.24% | -5,401.88% | -672.40% | -30,404.39% |
| EBITDA | -33.20M | -33.20M | -24.82M | -70.38M | -14.96M | -20.31M |
| D&A For Ebitda | 204.00K | 204.00K | 288.00K | 225.00K | 78.00K | 72.00K |
| EBIT | -33.41M | -33.41M | -25.11M | -70.61M | -15.04M | -20.38M |
| Revenue as Reported | 917.00K | 637.00K | 279.00K | 410.00K |
Balance sheet
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 1.50M | 1.50M | 1.60M | 2.12M | 1.70M | 1.77M |
| Cash & Equivalents | 22.07M | 22.07M | 52.77M | 2.67M | 21.50M | 26.54M |
| Accounts Receivable | 444.00K | 444.00K | 627.00K | 426.00K | 213.00K | 307.00K |
| Other Receivables | 1.21M | 515.00K | 387.00K | 140.00K | ||
| Investment In Debt and Equity Securities | 750.00K | 750.00K | 77.82M | 70.62M | 41.94M | |
| Goodwill | 19.94M | 19.94M | 19.94M | 3.05M | ||
| Other Intangible Assets | 863.00K | 863.00K | 994.00K | 1.85M | ||
| Loans Receivable Current | 5.19M | 1.92M | ||||
| Other Current Assets | 3.30M | 3.30M | 2.11M | 430.00K | 914.00K | 44.66M |
| Deferred Long-Term Charges | 31.57M | 31.57M | 31.57M | 1.57M | 1.57M | 1.57M |
| Other Long-Term Assets | 2.61M | 2.61M | 3.29M | 1.18M | 9.00K | 1.39M |
| Total Assets | 83.06M | 83.06M | 114.11M | 96.83M | 98.83M | 118.32M |
| Current Portion of Long-Term Debt | 608.00K | 608.00K | 614.00K | 614.00K | ||
| Long-Term Debt | 2.00K | 2.00K | 78.00K | 73.00K | ||
| Accounts Payable | 7.01M | 7.01M | 6.89M | 2.56M | 333.00K | 564.00K |
| Accrued Expenses | 2.94M | 2.94M | 3.36M | 1.86M | 763.00K | 1.94M |
| Other Current Liabilities | 422.00K | 422.00K | 730.00K | 787.00K | 1.05M | 3.52M |
| Long-Term Deferred Tax Liabilities | 43.00K | 43.00K | 138.00K | |||
| Other Long-Term Liabilities | 53.00K | 53.00K | 3.92M | 2.99M | 55.00K | 88.00K |
| Total Liabilities | 11.09M | 11.09M | 15.74M | 10.57M | 2.20M | 21.11M |
| Common Stock | 522.00K | 522.00K | 516.00K | 246.00K | 244.00K | 245.00K |
| Additional Paid-In Capital | 323.44M | 323.44M | 322.16M | 280.05M | 264.01M | 262.02M |
| Retained Earnings | -261.90M | -261.90M | -232.26M | -201.74M | -167.33M | -165.46M |
| Treasury Stock | -168.00K | -168.00K | -168.00K | -168.00K | ||
| Comprehensive Income & Other | 4.42M | 4.42M | 4.14M | 3.80M | 3.37M | 3.70M |
| Total Common Equity | 66.31M | 66.31M | 94.39M | 82.19M | 100.29M | 100.52M |
| Minority Interest | 5.66M | 5.66M | 3.98M | 4.07M | -3.66M | -3.31M |
| Shareholders' Equity | 71.97M | 71.97M | 98.37M | 86.26M | 96.63M | 97.21M |
| Total Liabilities & Equity | 83.06M | 83.06M | 114.11M | 96.83M | 98.83M | 118.32M |
| Total Debt | 610.00K | 610.00K | 692.00K | 2.39M | 15.00M | |
| Net Cash (Debt) | 21.46M | 21.46M | 52.08M | 288.00K | 21.50M | 11.54M |
| Net Cash Per Share | 0.42 | 0.42 | 1.77 | 0.01 | 0.92 | 0.58 |
| Filing Date Shares Outstanding | 52.18M | 52.18M | 51.77M | 24.67M | 24.51M | 24.48M |
| Total Common Shares Outstanding | 52.18M | 52.18M | 51.58M | 24.61M | 24.28M | 24.48M |
| Book Value Per Share | 1.27 | 1.27 | 1.83 | 3.34 | 4.13 | 4.11 |
| Tangible Book Value | 45.51M | 45.51M | 73.46M | 77.29M | 100.29M | 100.52M |
| Tangible Book Value Per Share | 0.87 | 0.87 | 1.42 | 3.14 | 4.13 | 4.11 |
| Buildings | 2.50M | 2.50M | 2.50M | 2.50M |
Cash flow statement
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -30.52M | -34.41M | -1.88M | -124.66M | ||
| Depreciation & Amortization | 288.00K | 225.00K | 78.00K | 72.00K | ||
| Gain (Loss) on Sale of Assets | 51.00K | -9.00K | ||||
| Gain (Loss) on Sale of Investments | 4.68M | -2.51M | -3.93M | 79.69M | ||
| Asset Writedown | 3.05M | 89.86M | ||||
| Stock-Based Compensation | 2.12M | 2.30M | 2.19M | -917.00K | ||
| Income (Loss) on Equity Investments | 422.00K | 203.00K | 575.00K | |||
| Change in Accounts Receivable | 91.00K | -289.00K | -364.00K | -66.00K | ||
| Change in Accounts Payable | -922.00K | -146.00K | -827.00K | 52.00K | ||
| Change in Other Net Operating Assets | 1.81M | -175.00K | 1.10M | 4.00K | ||
| Other Operating Activities | 431.00K | -63.09M | -6.82M | -5.79M | ||
| Net Cash from Discontinued Operations | -639.00K | -41.00K | ||||
| Operating Cash Flow | -18.92M | -7.80M | -10.89M | -26.08M | ||
| Acquisition of Real Estate Assets | -4.00K | -143.00K | -2.00K | |||
| Sale of Real Estate Assets | 13.00K | |||||
| Net Sale / Acq. of Real Estate Assets | 9.00K | -143.00K | -2.00K | |||
| Cash Acquisition | -2.71M | 2.35M | ||||
| Investment in Marketable & Equity Securities | 63.71M | -8.78M | -24.96M | -36.81M | ||
| Other Investing Activities | -16.95M | -4.49M | 46.17M | -26.99M | ||
| Investing Cash Flow | 44.03M | -10.82M | 21.21M | -63.80M | ||
| Short-Term Debt Repaid | -800.00K | |||||
| Total Debt Repaid | -800.00K | |||||
| Net Debt Issued (Repaid) | -800.00K | |||||
| Issuance of Common Stock | 25.05M | 869.00K | 110.17M | |||
| Repurchase of Common Stock | -215.00K | -304.00K | -218.00K | -75.00K | ||
| Other Financing Activities | 56.00K | -15.00M | -6.23M | |||
| Foreign Exchange Rate Adjustments | 153.00K | -22.00K | -146.00K | -306.00K | ||
| Net Cash Flow | 50.09M | -18.82M | -5.04M | 13.68M | ||
| Levered Free Cash Flow | -5.31M | -41.60M | 30.66M | -7.14M | ||
| Unlevered Free Cash Flow | -4.90M | -41.44M | 30.66M | -7.14M | ||
| Change in Working Capital | 972.00K | -610.00K | -92.00K | -10.00K |
Ratios
Fiscal year August - July; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 56.35M | 100.88M | 59.30M | 36.60M | 48.59M | 48.54M |
| Enterprise Value | 34.89M | 76.41M | 26.00M | 36.01M | 29.51M | 31.24M |
| Last Close Price | 1.08 | 1.94 | 1.69 | 1.47 | 1.97 | 1.99 |
| PS Ratio | 64.48 | 115.42 | 64.67 | 57.46 | 174.16 | 118.39 |
| PB Ratio | 0.85 | 1.40 | 0.60 | 0.42 | 0.50 | 0.50 |
| EV/Sales Ratio | 39.92 | 87.43 | 28.35 | 56.53 | 105.78 | 76.19 |
| Debt / Equity Ratio | 0.01 | 0.01 | 0.01 | 0.03 | 0.15 | |
| Net Debt / Equity Ratio | -0.30 | -0.30 | -0.53 | -0.00 | -0.22 | -0.12 |
| Net Debt / EBITDA Ratio | 0.65 | 0.65 | 2.10 | 0.00 | 1.44 | 0.57 |
| Asset Turnover | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Inventory Turnover | 0.13 | 0.13 | ||||
| Quick Ratio | 2.05 | 2.05 | 4.71 | 0.48 | 10.30 | 1.28 |
| Current Ratio | 2.35 | 2.35 | 4.89 | 1.23 | 11.62 | 3.41 |
| Return on Equity (ROE) | -32.82% | -32.82% | -33.19% | -71.08% | -8.97% | -120.17% |
| Return on Assets (ROA) | -21.18% | -21.18% | -14.88% | -45.11% | -8.66% | -9.35% |
| Return on Invested Capital (ROIC) | -43.39% | -38.93% | -26.75% | -76.22% | -14.41% | -15.47% |
| Earnings Yield | -53.39% | -29.38% | -51.47% | -94.01% | -3.86% | -256.82% |
| Buyback Yield / Dilution | -74.67% | -74.67% | -23.91% | -2.07% | -17.69% | -19.64% |