KBNT · Kubient, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | $107.5K | - | - | - | - | - | $1.30M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.24M | - | $1.13M | $1.11M | $2.18M | - | - | - | - | - |
| Total Operating Expenses | $2.50M | - | $2.16M | $6.24M | $5.46M | - | $3.01M | $2.23M | $1.14M | - |
| D&A | - | - | - | - | $162.2K | - | - | - | $51.1K | - |
| Operating Income | ($2.49M) | - | ($1.68M) | ($5.84M) | ($4.22M) | - | ($2.33M) | ($1.73M) | $237.6K | - |
| Interest Expense | $2.4K | - | $2.5K | $2.5K | $3.9K | - | $2.1K | $1.6K | $432.9K | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($2.47M) | - | ($1.67M) | ($5.81M) | ($3.63M) | - | ($2.31M) | ($1.70M) | ($1.80M) | - |
| EPS - Basic | ($0.17) | - | ($0.12) | ($0.12) | ($0.25) | - | ($0.16) | - | - | - |
| EPS - Diluted | ($0.17) | - | ($0.12) | ($0.12) | ($0.25) | - | ($1.03) | - | - | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.83M | $14.74M | $16.90M | $17.68M | $20.71M | $24.91M | $28.75M | $30.46M | $32.54M | $24.78M |
| Accounts Receivable | $98.1K | $135.7K | $448.8K | $259.6K | $2.35M | $2.29M | $373.0K | $494.9K | $460.1K | $1.37M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $776.5K | $816.2K | $369.0K | $323.4K | $1.05M | $659.4K | $817.4K | $715.3K | $728.2K | $1.11M |
| Current Assets | $12.24M | $15.22M | $17.85M | $18.18M | $23.47M | $28.22M | $29.75M | $31.12M | $33.21M | $26.26M |
| Total Assets | $12.25M | $15.23M | $17.86M | $18.19M | $26.78M | $31.69M | $32.26M | $33.74M | $34.30M | $27.36M |
| Current Liabilities | $1.72M | $2.35M | $2.58M | $1.41M | $4.45M | $5.54M | $2.45M | $1.89M | $1.72M | $2.69M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.80M | $2.43M | $2.66M | $1.49M | $4.55M | $6.23M | $2.53M | $1.97M | $1.82M | $2.88M |
| Stockholders' Equity | $10.45M | $12.80M | $15.20M | $16.70M | $22.24M | $25.45M | $29.73M | $31.77M | $32.48M | $24.48M |
| Retained Earnings | ($42.67M) | ($40.20M) | ($37.69M) | ($36.02M) | ($30.21M) | ($26.58M) | ($22.10M) | ($19.79M) | ($18.09M) | ($16.29M) |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.83M) | - | - | - | ($3.97M) | - | - | - | ($166.7K) | - |
| Investing Cash Flow | - | - | - | - | ($7.5K) | - | - | - | ($356.1K) | - |
| Financing Cash Flow | ($82.2K) | - | - | - | ($218.1K) | - | - | - | $510.0K | - |
| CapEx | - | - | - | - | $7.5K | - | - | - | $1.1K | - |
| Free Cash Flow | - | - | - | - | ($3.98M) | - | - | - | ($167.7K) | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | -1560.9% | - | - | - | - | - | 18.3% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | 22.2% | - |
| Net margin | - | - | -1556.8% | - | - | - | - | - | -138.2% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -12.9% | - |
| FCF / Net income | - | - | - | - | 1.10 | - | - | - | 0.09 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 1053.3% | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -20.1% | - | -9.4% | -31.9% | -13.5% | - | -7.2% | -5.0% | -5.2% | - |
| Return on equity | -23.6% | - | -11.0% | -34.8% | -16.3% | - | -7.8% | -5.4% | -5.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 7.11 | 6.48 | 6.91 | 12.89 | 5.28 | 5.09 | 12.13 | 16.48 | 19.32 | 9.75 |
| Quick ratio | 7.11 | 6.48 | 6.91 | 12.89 | 5.28 | 5.09 | 12.13 | 16.48 | 19.32 | 9.75 |
| Cash ratio | 6.87 | 6.28 | 6.54 | 12.54 | 4.66 | 4.49 | 11.73 | 16.13 | 18.93 | 9.20 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -1016.3x | - | -669.3x | -2304.6x | -1088.7x | - | -1110.7x | -1100.8x | 0.5x | - |
| Equity multiplier | 1.17 | 1.19 | 1.17 | 1.09 | 1.20 | 1.24 | 1.09 | 1.06 | 1.06 | 1.12 |
| Liabilities / Assets | 0.15 | 0.16 | 0.15 | 0.08 | 0.17 | 0.20 | 0.08 | 0.06 | 0.05 | 0.11 |
| Efficiency | ||||||||||
| Asset turnover | - | - | 0.01 | - | - | - | - | - | 0.04 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | 1523d | - | - | - | - | - | 129d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 1.0x | - | 0.9x | 0.6x | 1.1x | - | 1.5x | - | - | - |
| P / S | - | - | 130.7x | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 41.0% | - | 28.0% | -236.9% | - | - | -141.9% | -55.2% | - | - |
| Net income growth (YoY) | 32.0% | - | 27.5% | -241.2% | -101.9% | - | -70.5% | -50.0% | - | - |
| EPS growth (YoY) | 32.0% | - | 88.3% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -2273.1% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -53.0% | -49.7% | -48.9% | -47.4% | -31.5% | 4.0% | 291.6% | - | - | - |
Peer comparison
Same SIC group: Services-Computer Integrated Systems Design
Comparing Kubient against the 5 most active filers in the same SIC group.