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 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue | - | - | $1.30M |
| Cost of Revenue | - | - | - |
| Gross Profit | - | - | - |
| R&D | - | - | - |
| SG&A | $6.56M | - | - |
| Total Operating Expenses | $16.65M | $13.11M | $7.37M |
| D&A | $331.0K | $452.1K | $315.2K |
| Operating Income | ($14.25M) | ($10.37M) | ($4.47M) |
| Interest Expense | $10.9K | $8.4K | $1.12M |
| Income Tax | - | - | - |
| Net Income | ($13.62M) | ($10.29M) | ($7.89M) |
| EPS - Basic | ($0.95) | ($1.85) | - |
| EPS - Diluted | ($0.95) | ($1.85) | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Cash & Equivalents | $14.74M | $24.91M | $24.78M |
| Accounts Receivable | $135.7K | $2.29M | $1.37M |
| Inventory | - | - | - |
| Accounts Payable | $816.2K | $659.4K | $1.11M |
| Current Assets | $15.22M | $28.22M | $26.26M |
| Total Assets | $15.23M | $31.69M | $27.36M |
| Current Liabilities | $2.35M | $5.54M | $2.69M |
| Long-term Debt | - | - | - |
| Total Liabilities | $2.43M | $6.23M | $2.88M |
| Stockholders' Equity | $12.80M | $25.45M | $24.48M |
| Retained Earnings | ($40.20M) | ($26.58M) | ($16.29M) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Operating Cash Flow | ($9.60M) | ($7.67M) | ($4.81M) |
| Investing Cash Flow | ($16.5K) | ($1.67M) | ($1.32M) |
| Financing Cash Flow | ($552.0K) | $9.47M | $30.87M |
| CapEx | $16.5K | $39.4K | $16.0K |
| Free Cash Flow | ($9.62M) | ($7.71M) | ($4.82M) |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Profitability | |||
| Gross margin | - | - | - |
| Operating margin | - | - | -343.5% |
| EBITDA margin | - | - | -319.3% |
| Net margin | - | - | -606.4% |
| Free cash flow margin | - | - | -370.8% |
| FCF / Net income | 0.71 | 0.75 | 0.61 |
| R&D / Revenue | - | - | - |
| SG&A / Revenue | - | - | - |
| Effective tax rate | - | - | - |
| Return on assets | -89.4% | -32.5% | -28.8% |
| Return on equity | -106.4% | -40.4% | -32.2% |
| Return on invested capital | - | - | - |
| Liquidity | |||
| Current ratio | 6.48 | 5.09 | 9.75 |
| Quick ratio | 6.48 | 5.09 | 9.75 |
| Cash ratio | 6.28 | 4.49 | 9.20 |
| Leverage | |||
| Debt / Equity | - | - | - |
| Debt / Assets | - | - | - |
| Debt / EBITDA | - | - | - |
| Interest coverage | -1306.4x | -1237.3x | -4.0x |
| Equity multiplier | 1.19 | 1.24 | 1.12 |
| Liabilities / Assets | 0.16 | 0.20 | 0.11 |
| Efficiency | |||
| Asset turnover | - | - | 0.05 |
| Inventory turnover | - | - | - |
| Days sales outstanding | - | - | 386d |
| Days inventory outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Cash conversion cycle | - | - | - |
| Valuation | |||
| P / E | - | - | - |
| P / B | 0.7x | 0.6x | - |
| P / S | - | - | - |
| EV / EBITDA | - | - | - |
| Growth | |||
| Revenue growth (YoY) | - | - | - |
| Revenue CAGR (3y) | - | - | - |
| Revenue CAGR (5y) | - | - | - |
| Gross profit growth (YoY) | - | - | - |
| Operating income growth (YoY) | -37.4% | -132.2% | - |
| Net income growth (YoY) | -32.3% | -30.5% | - |
| EPS growth (YoY) | 48.6% | - | - |
| EPS CAGR (3y) | - | - | - |
| EPS CAGR (5y) | - | - | - |
| FCF growth (YoY) | -24.7% | -60.0% | - |
| FCF CAGR (5y) | - | - | - |
| Book value growth (YoY) | -49.7% | 4.0% | - |
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Services-Computer Integrated Systems Design
Comparing Kubient against the 5 most active filers in the same SIC group.