MITI · Mitesco, 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 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | - | $3.0K | $18.7K | $0 | - | $23.5K | $6.0K | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $103.5K | - | $1.1K | $21.1K | - | - | - | - | - | - |
| SG&A | $249.4K | - | $993.4K | $344.6K | $278.7K | - | $230.9K | $345.9K | $135.5K | - |
| Total Operating Expenses | $352.9K | - | $1.01M | $370.5K | $284.0K | - | $239.7K | $345.9K | $135.5K | - |
| D&A | - | - | - | - | - | - | - | - | $0 | - |
| Operating Income | ($352.9K) | - | ($1.01M) | ($351.8K) | ($267.0K) | - | ($216.2K) | ($339.9K) | ($135.5K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | $40.6K | - |
| Income Tax | $0 | - | - | - | $0 | - | - | - | - | - |
| Net Income | ($777.3K) | - | ($3.20M) | ($87.4K) | $3.45M | - | $2.08M | ($412.4K) | $46.5K | - |
| EPS - Basic | ($0.05) | - | ($0.27) | ($0.01) | $0.35 | - | $0.32 | ($0.15) | ($0.11) | - |
| EPS - Diluted | ($0.05) | - | ($0.27) | ($0.01) | ($0.11) | - | ($0.48) | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.5K | $100.9K | $321 | $2.7K | $189 | $3.4K | $31.8K | $40.2K | $40.8K | $2.8K |
| Accounts Receivable | $27.6K | $27.6K | $36.3K | $33.3K | $43.7K | $29.7K | - | - | - | $0 |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $3.84M | $3.87M | $3.94M | $3.87M | $3.74M | $3.68M | $4.63M | $6.52M | $6.60M | $7.09M |
| Current Assets | $31.4K | $132.1K | $40.3K | $38.3K | $47.5K | $38.1K | $61.3K | $46.2K | $55.8K | $2.8K |
| Total Assets | $31.4K | $132.1K | $165.7K | $170.7K | $189.6K | $189.8K | $61.3K | $46.2K | $55.8K | $2.8K |
| Current Liabilities | $19.49M | $19.40M | $17.58M | $15.90M | $15.02M | $18.44M | $12.06M | $15.18M | $14.73M | $14.13M |
| Long-term Debt | - | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $23.92M | $23.60M | $23.95M | $22.24M | $22.34M | $26.61M | $12.06M | $15.18M | $14.73M | $14.13M |
| Stockholders' Equity | ($23.89M) | ($23.47M) | ($23.79M) | ($22.07M) | ($22.15M) | ($26.42M) | ($12.00M) | ($15.14M) | ($14.67M) | ($14.13M) |
| Retained Earnings | ($64.13M) | ($63.36M) | ($63.70M) | ($60.49M) | ($60.41M) | ($63.86M) | ($60.34M) | ($62.41M) | ($62.00M) | ($62.05M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($219.7K) | - | - | - | ($97.4K) | - | - | - | ($154.3K) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $120.4K | - | - | - | $94.2K | - | - | - | $192.2K | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | -33714.1% | -1881.0% | - | - | -920.2% | -5664.6% | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | -106765.7% | -467.3% | - | - | 8838.4% | -6874.1% | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | 36.7% | 113.0% | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 33114.0% | 1842.6% | - | - | 982.7% | 5764.6% | - | - |
| Effective tax rate | - | - | - | - | 0.0% | - | - | - | - | - |
| Return on assets | -2473.2% | - | -1933.1% | -51.2% | 1819.9% | - | 3387.1% | -892.8% | 83.4% | - |
| Return on equity | 3.3% | - | 13.5% | 0.4% | -15.6% | - | -17.3% | 2.7% | -0.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Quick ratio | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Cash ratio | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | -3.3x | - |
| Equity multiplier | -0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 |
| Liabilities / Assets | 761.19 | 178.68 | 144.55 | 130.31 | 117.84 | 140.15 | 196.68 | 328.70 | 263.99 | 4980.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.02 | 0.11 | 0.00 | - | 0.38 | 0.13 | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | 4417d | 650d | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | 1411.3x | 86.9x | - | - | 80.2x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | -87.2% | 211.7% | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | -75.3% | -52.0% | - | - | 20.2% | -10.0% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -32.2% | - | -367.7% | -3.5% | -97.1% | - | 32.8% | 60.1% | 96.8% | - |
| Net income growth (YoY) | - | - | - | 78.8% | 7316.2% | - | - | 94.5% | - | - |
| EPS growth (YoY) | 54.5% | - | 43.7% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -7.9% | 11.1% | -98.2% | -45.8% | -51.0% | -86.9% | 31.4% | 18.0% | 38.4% | 26.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-12-31.
Product / service
$690.5K totalService$673.4K · 97.5%
Product$17.1K · 2.5%
Peer comparison
Same SIC group: Services-Computer Programming, Data Processing, Etc.
Comparing Mitesco against the 5 most active filers in the same SIC group.