KISSES FROM ITALY INC (KITL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2024, filed Dec 31, 2024. Each column of the statement tables below links to the filing it was taken from.
KISSES FROM ITALY INC (KITL) reported $226K in revenue for fiscal year 2023, down 42.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The numbers describe a shrinking, cash-consuming operation whose financing inflows—not sales—have kept the balance sheet funded.
The key mismatch is that FY2023 operating cash flow was-$835K while financing supplied$535K ; reported funding, not internally generated cash, carried much of the cash burden. Because investing cash flow was$0 , the operating shortfall was not primarily a reinvestment program.
Sales contracted from
At FY2023 year-end, liabilities of
Financial Health Signals
KISSES FROM ITALY INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
KISSES FROM ITALY INC passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Key Financial Metrics
Earnings & Revenue
KISSES FROM ITALY INC generated $715 in revenue in Q3 2024. This represents a decrease of 97.3% from the same quarter a year earlier. Against the prior quarter it is down 95.4%.
KISSES FROM ITALY INC's EBITDA was -$13K in Q3 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 99.1% from the same quarter a year earlier. Against the prior quarter it is up 40.0%.
KISSES FROM ITALY INC earned $0.00 per diluted share (EPS) in Q3 2024. This represents an increase of 100.0% from the same quarter a year earlier.
Not reported for Q3 2024.
Cash & Balance Sheet
KISSES FROM ITALY INC held $810 in cash as of Q3 2024; long-term debt is not reported for that period.
Not reported for Q3 2024.
Not reported for Q3 2024.
Margins & Returns
Not shown for Q3 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2024.
Not reported for Q3 2024.
Capital Allocation
None of these metrics is reported for Q3 2024.
KITL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $715-97.3% | $15K-74.8% | $33K-71.3% | $23K-71.8% | $27K-73.8% | $61K-45.3% | $115K+18.0% | $80K+10.8% |
| Cost of Revenue | $3K-62.9% | $8K-73.2% | $16K-72.0% | $22K-57.3% | $8K-85.3% | $29K-52.1% | $59K+30.3% | $51K+8.1% |
| Gross Profit | -$2K-112.9% | $8K-76.2% | $17K-70.6% | $801-97.2% | $18K-59.6% | $32K-37.2% | $57K+7.5% | $29K+15.9% |
| SG&A Expenses | $1K-98.6% | $2K-95.5% | $24K-72.6% | $45K+29.1% | $83K-11.2% | $38K-21.1% | $88K+51.0% | $35K-12.6% |
| Operating Income | -$13K+99.1% | -$21K+98.2% | -$109K+77.1% | N/A | -$1.4M-718.0% | -$1.2M-1273.2% | -$475K-214.8% | -$91K |
| EBITDA | -$13K+99.1% | -$21K+98.2% | -$109K+77.1% | N/A | -$1.4M-719.0% | -$1.2M-1280.9% | -$474K-215.5% | -$91K |
| Interest Expense | -$26K+96.9% | -$17K+94.3% | -$27K+89.0% | N/A | -$830K-8999.2% | -$305K-1.5% | -$243K-10509.9% | -$12K+97.4% |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | N/A | -$32K+97.7% | -$135K+85.8% | N/A | -$2.2M-697.6% | -$1.4M-234.1% | -$950K-532.8% | -$9K |
| EPS (Basic) | $0.00+100.0% | $0.00+100.0% | $0.00 | $0.00 | -$0.01 | -$0.01 | $0.00 | $0.00+100.0% |
| EPS (Diluted) | $0.00+100.0% | $0.00+100.0% | $0.00 | $0.00 | -$0.01 | -$0.01 | $0.00 | $0.00+100.0% |
| Diluted Shares (Avg) | 398M+36.6% | 373M+91.7% | 355M+82.4% | N/A | 291M+57.1% | 195M+5.1% | 195M+6.0% | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
KITL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5K-99.1% | $10K-98.3% | $15K-97.6% | $85K-90.7% | $630K-39.4% | $604K-33.6% | $609K-3.5% | $922K+329.7% |
| Current Assets | $5K-97.1% | $9K-92.9% | $13K-88.0% | $42K-89.6% | $184K-65.7% | $131K-65.7% | $113K+36.2% | $402K+94.8% |
| Cash & Equivalents | $810-99.2% | $1K-97.9% | $2K-94.1% | $25K-92.3% | $108K-75.2% | $55K-80.1% | $34K+36.5% | $324K+132.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1K-90.3% | $4K-66.7% | $8K-48.0% | $12K-17.0% | $13K-2.1% | $12K-26.8% | $16K+42.9% | $14K+172.5% |
| Accounts Receivable | $3K-76.7% | $4K-72.2% | $3K-75.2% | $5K-62.0% | $14K-17.0% | $15K-2.2% | $14K-6.9% | $13K+4.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $947K-32.2% | $942K-19.5% | $914K-33.3% | $934K-39.1% | $1.4M-16.6% | $1.2M-7.2% | $1.4M+78.2% | $1.5M+632.5% |
| Current Liabilities | $980K+34.5% | $975K+103.3% | $947K+32.3% | $832K-24.8% | $729K+85.8% | $479K-39.2% | $716K+161.8% | $1.1M+490.6% |
| Non-Current Liabilities | -$33K-104.9% | -$33K-104.8% | -$33K-105.0% | $102K-76.1% | $668K-47.9% | $691K+45.9% | $655K+32.2% | $428K+1830.5% |
| Total Equity | -$942K-22.8% | -$931K-75.5% | -$899K-23.7% | -$849K-46.8% | -$767K-22.2% | -$531K-52.2% | -$727K-531.6% | -$578K-2415.6% |
| Retained Earnings | -$19.6M-1.9% | -$19.6M-15.0% | -$19.5M-24.8% | -$19.6M-33.1% | -$19.2M-30.8% | -$17.0M-18.0% | -$15.7M-11.8% | -$14.7M-6.1% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
KITL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$358+99.8% | -$841+99.6% | -$55K+81.0% | -$127K-82.1% | -$192K-18.6% | -$226K+1.0% | -$290K-143.1% | -$70K+48.2% |
| Depreciation & Amortization | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $3K+399.8% | $5260.0% | $5270.0% | $5270.0% |
| Stock-Based Compensation | $0-100.0% | $0-100.0% | $0-100.0% | N/A | $34K | $67K | $207K | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $41K |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$111K+17.8% |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | $0 | $0 | -$41K |
| Financing Cash Flow | $0-100.0% | $0-100.0% | $32K | $44K | $245K-23.4% | $246K-48.7% | $0-100.0% | $0-100.0% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
KITL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -329.2% | 49.6%-3.0pp | 50.2%+1.2pp | 3.5%-32.7pp | 68.9%+24.2pp | 52.6%+6.7pp | 49.0%-4.8pp | 36.2%+1.6pp |
| Operating Margin | -1774.1% | -136.4% | -327.8% | N/A | -5202.3% | -1946.6% | -411.1% | -114.4% |
| Net Margin | N/A | -204.8% | -408.3% | N/A | -8462.9% | -2213.5% | -823.2% | -10.8% |
| Return on Assets | N/A | -303.2%-78.1pp | -929.1%-773.1pp | N/A | -356.9%-329.8pp | -225.1%-180.4pp | -156.0%-132.2pp | -0.9% |
| Current Ratio | 0.01-0.2x | 0.01-0.3x | 0.01-0.1x | 0.05-0.3x | 0.25-1.1x | 0.27-0.2x | 0.16-0.1x | 0.36-0.7x |
| Asset Turnover | 0.13+0.1x | 1.48+1.4x | 2.28+2.1x | 0.26+0.2x | 0.04-0.1x | 0.100.0x | 0.190.0x | 0.09-0.2x |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -138.3% |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$849K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.05), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| KISSES FROM ITALY INC KITL | FY2023 | $226K | N/A | N/A | $609K | — |
| PINSTRIPES HOLDINGS INC A PNST | FY2024 | $118.7M | -$6.8M | -5.7% | $6.3M | — |
| NOBLE ROMAN'S INC NROM | FY2025 | $16.5M | $1.2M | 7.1% | $13.4M | — |
Where KISSES FROM ITALY INC Ranks
Frequently Asked Questions
What is KISSES FROM ITALY INC's annual revenue?
KISSES FROM ITALY INC (KITL) reported $226K in total revenue for fiscal year 2023. This represents a -42.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is KISSES FROM ITALY INC's revenue growing?
KISSES FROM ITALY INC (KITL) revenue declined by 42.3% year-over-year, from $391K to $226K in fiscal year 2023.
What is KISSES FROM ITALY INC's gross margin?
KISSES FROM ITALY INC (KITL) had a gross margin of 47.8% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.
What is KISSES FROM ITALY INC's free cash flow?
KISSES FROM ITALY INC (KITL) recorded an outflow of $835K in free cash flow during fiscal year 2023. This represents a -34.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is KISSES FROM ITALY INC's operating cash flow?
KISSES FROM ITALY INC (KITL) recorded an outflow of $835K in operating cash flow during fiscal year 2023, representing cash used by core business activities.
What are KISSES FROM ITALY INC's total assets?
KISSES FROM ITALY INC (KITL) had $85K in total assets as of fiscal year 2023, including both current and long-term assets.
What are KISSES FROM ITALY INC's capital expenditures?
KISSES FROM ITALY INC (KITL) reported no capital expenditure during fiscal year 2023.
What is KISSES FROM ITALY INC's current ratio?
KISSES FROM ITALY INC (KITL) had a current ratio of 0.05 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
What is KISSES FROM ITALY INC's P/E ratio?
KISSES FROM ITALY INC (KITL) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $609K as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is KISSES FROM ITALY INC's price-to-sales ratio?
KISSES FROM ITALY INC (KITL) trades at 8.5x sales, its market capitalization divided by revenue of $72K revenue, trailing 12 months to September 30, 2024. The market capitalization is $609K as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does KISSES FROM ITALY INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2023, KISSES FROM ITALY INC (KITL) held $25K in cash, cash equivalents and investments, and reported an operating cash outflow of $835K over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is KISSES FROM ITALY INC's debt-to-equity ratio negative or not reported?
KISSES FROM ITALY INC (KITL) has negative shareholder equity of -$849K as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is KISSES FROM ITALY INC's Piotroski F-Score?
KISSES FROM ITALY INC (KITL) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.