Right On Brands, Inc. financials
Source: EDGAR filings · Built 2026-06-19T01:30:58Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | -208.99K | -683.00K | -891.62K | -523.43K |
| EBITDA | -130.31K | -50.09K | -395.13K | -940.46K | — | — |
| Working Capital | -530.33K | -605.35K | -1.46M | -2.25M | -1.76M | 1.24M |
| Net Debt | 191.22K | 596.73K | 916.10K | 1.16M | 865.59K | -616 |
| Gross Margin | 53.30% | 44.13% | 27.26% | 6.48% | 33.97% | 20.54% |
| Operating Margin | -11.96% | -5.58% | -514.92% | -288.28% | — | — |
| Net Margin | 0.77% | -25.78% | -2374.77% | -1057.73% | -2378.68% | -8606.94% |
| Return on Equity (ROE) | -1.67% | 43.54% | 131.28% | 159.17% | 351.50% | -26.98% |
| Return on Assets (ROA) | 4.22% | -109.77% | -782.36% | -1464.23% | -1703.37% | -26.38% |
| Current Ratio | 0.23× | 0.20× | 0.08× | 0.05× | 0.16× | 19.14× |
| Debt-to-Equity | -0.43× | -1.06× | -0.68× | -0.56× | -0.55× | 0.02× |
| Effective Tax Rate | — | — | — | — | — | -20.02% |
| Cash Conversion Ratio | -7.58× | 0.59× | 0.11× | 0.20× | 0.14× | 0.65× |
| Accruals Ratio | 0.36× | -0.45× | -6.97× | -11.76× | -14.59× | -0.09× |
| SBC % of Revenue | — | 0.00% | 107.73% | 3.51% | 518.04% | 3691.72% |
| CapEx Coverage | — | — | -34.11× | — | -48.53× | 396.94× |
| Free Cash Flow Per Share | — | — | $-0.00 | $-0.00 | $-0.01 | $-0.01 |
Income Statement
| Concept | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenues | 1.14M | 997.10K | 77.96K | 328.58K | 255.82K | 9.34K |
| Cost of Goods and Services Sold | 530.47K | 557.09K | 56.71K | 307.28K | 168.92K | 7.42K |
| Gross Profit | 605.47K | 440.01K | 21.25K | 21.30K | 86.90K | 1.92K |
| Research and Development Expense | — | — | — | 0 | 337 | 12.69K |
| Operating Expenses | 741.38K | 495.70K | 422.68K | 968.54K | 5.10M | 800.69K |
| Operating Income (Loss) | -135.91K | -55.69K | -401.43K | -947.24K | — | — |
| Income Tax Expense (Benefit) | — | — | — | — | — | 161.00K |
| Net Income (Loss) Attributable to Parent | 8.73K | -257.02K | -1.85M | -3.48M | -6.09M | -804.15K |
| Earnings Per Share, Basic | $0.00 | $0.00 | — | — | $-0.09 | $-0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 5.89B | 5.92B | 3.38B | — | 66.76M | 54.78M |
| Earnings Per Share, Diluted | $0.00 | — | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Diluted | 6.09B | — | — | — | — | 54.78M |
Balance Sheet
| Concept | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | 28.06K | 45.78K | 67.15K | 90.88K | 47.51K |
| Assets, Current | 154.46K | 152.22K | 122.55K | 124.72K | 329.02K | 1.31M |
| Assets | 206.83K | 234.13K | 236.64K | 237.36K | 357.24K | 3.05M |
| Long-term Debt | — | 463.41K | 456.27K | 841.46K | — | — |
| Liabilities, Current | 684.79K | 757.57K | 1.58M | 2.38M | 2.09M | 68.22K |
| Liabilities | 703.89K | 800.06K | 1.65M | 2.42M | 2.09M | 68.22K |
| Stockholders' Equity Attributable to Parent | -521.50K | -590.37K | -1.41M | -2.18M | -1.73M | 2.98M |
| Common Stock, Shares, Outstanding | 25.50M | — | — | — | — | — |
Cash Flow Statement
| Concept | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -66.11K | -150.70K | -203.04K | -683.00K | -873.62K | -524.76K |
| Payments to Acquire Property, Plant, and Equipment | — | — | 5.95K | 0 | 18.00K | -1.32K |
| Net Cash Provided by (Used in) Investing Activities | 0 | 0 | -5.95K | 0 | -18.00K | -23.52K |
| Net Cash Provided by (Used in) Financing Activities | 71.37K | 132.98K | 187.62K | 659.27K | 935.00K | 465.00K |
Derived Metrics
| Concept | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|
| EBITDA | -13.15K | -44.09K | -12.54K | 3.24K | -61.70K | -78.73K |
| Working Capital | -837.13K | -670.90K | -607.97K | -530.33K | -572.30K | -504.52K |
| Net Debt | 460.97K | 458.50K | 414.49K | 191.22K | 485.50K | 523.10K |
| Gross Margin | 53.55% | 56.87% | 54.13% | 65.05% | 42.20% | 42.44% |
| Operating Margin | -4.25% | -13.83% | -3.44% | 0.56% | -24.28% | -33.23% |
| Net Margin | -114.53% | -27.90% | -19.51% | -6.04% | -26.67% | -39.84% |
| Return on Equity (ROE) | 48.61% | 13.79% | 13.18% | 3.78% | 12.90% | 20.52% |
| Return on Assets (ROA) | -185.07% | -41.30% | -34.47% | -9.53% | -37.42% | -38.30% |
| Current Ratio | 0.17× | 0.22× | 0.23× | 0.23× | 0.18× | 0.27× |
| Debt-to-Equity | -0.65× | -0.72× | -0.76× | -0.43× | -0.93× | -1.14× |
| Cash Conversion Ratio | 0.13× | 0.95× | 0.37× | -0.34× | 1.05× | 1.12× |
| Accruals Ratio | -1.61× | -0.02× | -0.22× | -0.13× | 0.02× | 0.05× |
Income Statement
| Concept | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|
| Revenues | 342.20K | 328.91K | 405.85K | 326.56K | 259.92K | 241.11K |
| Cost of Goods and Services Sold | 158.95K | 141.85K | 186.18K | 114.13K | 150.23K | 138.78K |
| Gross Profit | 183.25K | 187.06K | 219.67K | 212.43K | 109.69K | 102.33K |
| Operating Expenses | 197.81K | 232.55K | 233.62K | 210.59K | 172.78K | 182.45K |
| Operating Income (Loss) | -14.55K | -45.49K | -13.95K | 1.84K | -63.10K | -80.13K |
| Net Income (Loss) Attributable to Parent | -391.92K | -91.75K | -79.18K | -19.71K | -69.32K | -96.05K |
| Earnings Per Share, Basic | $-0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Weighted Average Number of Shares Outstanding, Basic | 25.50M | 25.50M | 6.37B | 5.89B | 23.09M | 23.45M |
| Earnings Per Share, Diluted | — | — | — | $0.00 | $0.00 | $0.00 |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 6.09B | 23.55M | 5.86B |
Balance Sheet
| Concept | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|
| Assets, Current | 176.33K | 184.40K | 184.66K | 154.46K | 125.55K | 183.77K |
| Assets | 211.77K | 222.15K | 229.69K | 206.83K | 185.23K | 250.79K |
| Liabilities, Current | 1.01M | 855.30K | 792.63K | 684.79K | 697.85K | 688.29K |
| Liabilities | 1.02M | 862.87K | 805.93K | 703.89K | 722.72K | 718.97K |
| Stockholders' Equity Attributable to Parent | — | -665.15K | -600.68K | -521.50K | -537.49K | -468.18K |
| Common Stock, Shares, Outstanding | 25.50M | — | — | 25.50M | — | — |
Cash Flow Statement
| Concept | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -51.35K | -86.76K | -29.06K | 6.73K | -72.84K | -107.88K |
| Net Cash Provided by (Used in) Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | 77.40K | 73.73K | 39.59K | 11.63K | 59.74K | 92.13K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (RTON CIK 0001580262),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.