Miami Breeze Car Care Inc Financials
This page shows Miami Breeze Car Care Inc (MIBE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Stable gross margins could not offset a balance-sheet collapse, leaving MIBE operating from a far thinner and more strained capital base.
Gross margin stayed between51.1% and57.7% across the recent annual periods, so the direct cost of fulfilling sales did not change much. But equity swung from$176.0K to-$136.0K , showing the real squeeze came from a shrinking funding base and costs outside cost of revenue rather than from weaker markup on sales.
The sharp move from a cash-backed balance sheet to negative equity is the biggest operating change: cash fell to
Even on the latest revenue base, selling and administrative costs of
Financial Health Signals
Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Miami Breeze Car Care Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Miami Breeze Car Care Inc's revenue declined 55% year-over-year, from $17K to $8K. This contraction results in a growth score of 0/100.
Miami Breeze Car Care Inc carries a low D/E ratio of -1.09, meaning only $-1.09 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
Miami Breeze Car Care Inc's current ratio of 0.09 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Miami Breeze Car Care Inc passes 2 of 9 financial strength tests. 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Key Financial Metrics
Earnings & Revenue
Miami Breeze Car Care Inc generated $8K in revenue in fiscal year 2024. This represents a decrease of 55.0% from the prior year.
Miami Breeze Car Care Inc earned $-0.01 per diluted share (EPS) in fiscal year 2024. This represents an increase of 66.7% from the prior year.
Cash & Balance Sheet
Miami Breeze Car Care Inc held $4K in cash against $0 in long-term debt as of fiscal year 2024.
Miami Breeze Car Care Inc had 14M shares outstanding in fiscal year 2024. This represents a decrease of 59.3% from the prior year.
Margins & Returns
Miami Breeze Car Care Inc's gross margin was 55.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 2.7 percentage points from the prior year.
Capital Allocation
MIBE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $340K+39.6% | $244K+207.3% | $79K+4610.0% | $2K-13.5% | $2K-13.5% | $2K+32.1% | $2K-19.0% | $2K |
| Cost of Revenue | $317K+108.0% | $152K+903.5% | $15K+2053.0% | $705-11.1% | $793-16.6% | $951-0.8% | $959+15.8% | $828 |
| Gross Profit | $23K-74.5% | $91K+42.5% | $64K+6453.3% | $978-15.1% | $1K-11.2% | $1K+74.5% | $744-41.6% | $1K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $181K+209.5% | $59K-25.0% | $78K+3250.2% | $2K-68.5% | $7K+1.6% | $7K-3.4% | $8K-45.2% | $14K |
| Operating Income | -$664K-242.8% | -$194K-4.0% | -$186K | N/A | -$111K-15.4% | -$96K+23.9% | -$127K+38.4% | -$206K |
| Interest Expense | -$5K-49.0% | -$3K-141.8% | -$1K | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $12K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$645K-253.1% | -$183K-3.6% | -$176K | N/A | -$111K-15.1% | -$96K+24.3% | -$127K+38.4% | -$207K |
| EPS (Diluted) | $-0.02-100.0% | $-0.010.0% | $-0.01 | N/A | $0.00 | $0.00 | $0.00 | N/A |
MIBE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.4M+27.3% | $1.9M+12.5% | $1.7M+13065.4% | $13K-68.0% | $40K-72.2% | $145K-25.0% | $194K-3.2% | $200K |
| Current Assets | $1.3M+69.5% | $741K+26.4% | $587K+4455.8% | $13K-57.5% | $30K-77.6% | $135K-26.4% | $184K-8.2% | $200K |
| Cash & Equivalents | $613K+142.1% | $253K-17.4% | $307K+8094.2% | $4K+11.8% | $3K-88.1% | $28K-52.3% | $59K-21.3% | $75K |
| Inventory | $410K+106.1% | $199K+167.7% | $74K+1002.5% | $7K-5.6% | $7K-93.2% | $105K+1.2% | $104K-0.2% | $104K |
| Accounts Receivable | $56K+71.8% | $33K+74.0% | $19K | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $361K0.0% | $361K0.0% | $361K | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.0M-31.9% | $1.5M+4.8% | $1.4M+849.2% | $149K+78.9% | $83K+8.1% | $77K+166.4% | $29K+21.4% | $24K |
| Current Liabilities | $351K-56.5% | $807K+4.1% | $776K+421.0% | $149K+78.9% | $83K+8.1% | $77K+166.4% | $29K+21.4% | $24K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.4M+233.1% | $426K+51.1% | $282K+307.0% | -$136K-216.8% | -$43K-163.0% | $68K-58.6% | $165K-6.5% | $176K |
| Retained Earnings | -$4.9M-15.3% | -$4.2M-4.5% | -$4.0M-4.6% | -$3.9M-2.5% | -$3.8M-3.0% | -$3.7M-2.7% | -$3.6M-3.7% | -$3.4M |
MIBE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$969K-204.1% | -$318K-16.3% | -$274K-2751.2% | -$10K+72.3% | -$35K+39.5% | -$57K+29.9% | -$82K+9.9% | -$91K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$11K+30.3% | -$15K-103.5% | $435K | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $1.3M+402.8% | $268K+96.2% | $136K+1265.0% | $10K0.0% | $10K-62.4% | $27K-59.7% | $66K | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MIBE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 6.8%-30.6pp | 37.5%-43.4pp | 80.8%+22.7pp | 58.1%-1.1pp | 59.2%+1.5pp | 57.7%+14.0pp | 43.7%-16.9pp | 60.6% |
| Operating Margin | -195.3%-115.8pp | -79.5%+155.6pp | -235.1% | N/A | -5722.1%-1432.7pp | -4289.4%+3153.3pp | -7442.7%+2343.6pp | -9786.3% |
| Net Margin | -189.8%-114.8pp | -75.0%+147.6pp | -222.6% | N/A | -5710.2%-1419.4pp | -4290.8%+3191.2pp | -7481.9%+2353.8pp | -9835.7% |
| Return on Equity | -45.5%-2.6pp | -43.0%+19.7pp | -62.7% | N/A | N/A | -141.7%-64.3pp | -77.4%+40.1pp | -117.5% |
| Return on Assets | -26.6%-17.0pp | -9.6%+0.8pp | -10.4% | N/A | -275.7%-209.2pp | -66.5%-0.6pp | -65.8%+37.7pp | -103.5% |
| Current Ratio | 3.58+2.7 | 0.92+0.2 | 0.76+0.7 | 0.09-0.3 | 0.36-1.4 | 1.75-4.6 | 6.35-2.0 | 8.39 |
| Debt-to-Equity | 0.71-2.8 | 3.48-1.5 | 5.02+6.1 | -1.09+0.8 | -1.94-3.1 | 1.13+1.0 | 0.18+0.0 | 0.14 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$136K), 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 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Miami Breeze Car Care Inc's annual revenue?
Miami Breeze Car Care Inc (MIBE) reported $8K in total revenue for fiscal year 2024. This represents a -55.0% 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 Miami Breeze Car Care Inc's revenue growing?
Miami Breeze Car Care Inc (MIBE) revenue declined by 55% year-over-year, from $17K to $8K in fiscal year 2024.
What is Miami Breeze Car Care Inc's gross margin?
Miami Breeze Car Care Inc (MIBE) had a gross margin of 55.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What are Miami Breeze Car Care Inc's total assets?
Miami Breeze Car Care Inc (MIBE) had $13K in total assets as of fiscal year 2024, including both current and long-term assets.
What is Miami Breeze Car Care Inc's current ratio?
Miami Breeze Car Care Inc (MIBE) had a current ratio of 0.09 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Miami Breeze Car Care Inc's debt-to-equity ratio?
Miami Breeze Car Care Inc (MIBE) had a debt-to-equity ratio of -1.09 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
Why is Miami Breeze Car Care Inc's debt-to-equity ratio negative or unusual?
Miami Breeze Car Care Inc (MIBE) has negative shareholder equity of -$136K as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. 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 Miami Breeze Car Care Inc's Piotroski F-Score?
Miami Breeze Car Care Inc (MIBE) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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.
How financially healthy is Miami Breeze Car Care Inc?
Miami Breeze Car Care Inc (MIBE) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.