Netbrands Corp Financials
Financial Health Signals
Netbrands Corp passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Netbrands Corp generates $0.14 in operating cash flow (-$182K OCF vs -$1.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Netbrands Corp earns $-1.6 in operating income for every $1 of interest expense (-$798K vs $487K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Netbrands Corp (NBND) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Key Financial Metrics
Netbrands Corp reported -$1.3M in net income in fiscal year 2024. This represents an increase of 2.7% from the prior year.
Netbrands Corp earned $-0.06 per diluted share (EPS) in fiscal year 2024. This represents an increase of 25.0% from the prior year.
Netbrands Corp had 23M shares outstanding in fiscal year 2024. This represents an increase of 35.8% from the prior year.
NBND Income Statement
| Metric | Q3'25 | Q3'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7K | N/A | $61K-15.9% | $72K-63.0% | $194K-38.8% | $318K-10.4% | $355K-10.2% | $395K |
| Cost of Revenue | $3K | N/A | $97K+151.4% | $39K-71.3% | $134K-35.9% | $210K-17.6% | $255K-26.3% | $345K |
| Gross Profit | $4K | N/A | -$37K-209.7% | $33K-44.4% | $60K-44.4% | $108K+7.8% | $100K+102.2% | $50K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $41K+715.3% | $5K-90.1% | $51K+38.5% | $37K-31.9% | $54K-49.3% | $106K+70.7% | $62K+33.7% | $47K |
| Operating Income | -$451K-765.8% | -$52K+71.5% | -$183K-54.4% | -$118K+66.1% | -$349K-32.0% | -$265K-22.6% | -$216K+40.9% | -$365K |
| Interest Expense | $591K+14250.2% | $4K+312.1% | -$2K-100.6% | $304K+298.5% | $76K+180.4% | $27K+157.0% | $11K+298.9% | $3K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$1.2M-2046.5% | -$56K+68.9% | -$181K+57.2% | -$423K+0.7% | -$426K-45.8% | -$292K-28.9% | -$227K+38.4% | -$368K |
| EPS (Diluted) | $-0.02 | $0.00 | $0.00+100.0% | $-0.030.0% | $-0.03-50.0% | $-0.02 | N/A | $-0.02 |
NBND Balance Sheet
| Metric | Q3'25 | Q3'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $52K+3151.3% | $2K-89.4% | $15K-97.7% | $658K-11.2% | $741K-23.7% | $970K-1.1% | $980K+33.3% | $735K |
| Current Assets | $8K+33.6% | $6K-54.8% | $13K-91.5% | $159K-26.8% | $217K-48.5% | $422K+3.4% | $408K-35.2% | $630K |
| Cash & Equivalents | $8K+90344.4% | $9-99.1% | $1K | N/A | $6K-31.2% | $8K-84.8% | $54K-69.5% | $178K |
| Inventory | N/A | N/A | $6K-94.1% | $103K-5.7% | $109K-44.2% | $196K-17.5% | $238K-23.3% | $310K |
| Accounts Receivable | N/A | $5K-5.0% | $5K+51.2% | $4K-92.5% | $47K-71.5% | $165K+158.8% | $64K-29.4% | $91K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.8M+18.3% | $2.4M+26.2% | $1.9M-19.7% | $2.3M+13.5% | $2.1M+4.7% | $2.0M+16.6% | $1.7M+37.0% | $1.2M |
| Current Liabilities | $2.3M+23.5% | $1.9M+35.7% | $1.4M-4.8% | $1.5M+26.1% | $1.2M-25.1% | $1.5M+116.6% | $709K-38.4% | $1.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$2.8M-16.2% | -$2.4M-27.2% | -$1.9M-10.7% | -$1.7M-27.3% | -$1.3M-32.1% | -$1.0M-41.1% | -$711K-42.3% | -$500K |
| Retained Earnings | -$32.6M-4.3% | -$31.2M-4.3% | -$30.0M-0.6% | -$29.8M-1.4% | -$29.3M-1.5% | -$28.9M-1.0% | -$28.6M-0.8% | -$28.4M |
NBND Cash Flow Statement
| Metric | Q3'25 | Q3'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | -$9+100.0% | -$46K-152.1% | -$18K+88.9% | -$163K+19.5% | -$203K+15.0% | -$239K-260.6% | $149K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | $0 | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | -$239K | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | $0 | N/A |
| Financing Cash Flow | N/A | $0-100.0% | $47K+274.6% | $12K-92.3% | $161K+2.4% | $157K+36.1% | $115K+620.3% | $16K |
| 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 |
NBND Financial Ratios
| Metric | Q3'25 | Q3'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.4% | N/A | -60.4%-106.7pp | 46.3%+15.5pp | 30.9%-3.1pp | 34.0%+5.7pp | 28.2%+15.7pp | 12.5% |
| Operating Margin | -6346.9% | N/A | -301.9%-137.3pp | -164.5%+15.2pp | -179.8%-96.4pp | -83.4%-22.5pp | -60.9%+31.6pp | -92.5% |
| Net Margin | -16978.6% | N/A | -298.6%+289.0pp | -587.6%-368.6pp | -219.1%-127.1pp | -91.9%-28.0pp | -63.9%+29.3pp | -93.2% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -2320.6%-1589.8pp | -730.9%+468.0pp | -1198.8%-1134.6pp | -64.3%-6.8pp | -57.5%-27.4pp | -30.1%-7.0pp | -23.1%+26.9pp | -50.0% |
| Current Ratio | 0.000.0 | 0.000.0 | 0.01-0.1 | 0.11-0.1 | 0.19-0.1 | 0.27-0.3 | 0.58+0.0 | 0.55 |
| Debt-to-Equity | -1.02-0.0 | -1.000.0 | -1.01+0.4 | -1.39+0.2 | -1.56+0.4 | -1.97+0.4 | -2.38+0.1 | -2.47 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | -67.3% | N/A |
Note: Shareholder equity is negative (-$2.4M), 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.
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Frequently Asked Questions
Is Netbrands Corp profitable?
No, Netbrands Corp (NBND) reported a net income of -$1.3M in fiscal year 2024.
What is Netbrands Corp's earnings per share (EPS)?
Netbrands Corp (NBND) reported diluted earnings per share of $-0.06 for fiscal year 2024. This represents a 25.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Netbrands Corp's operating cash flow?
Netbrands Corp (NBND) generated -$182K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Netbrands Corp's total assets?
Netbrands Corp (NBND) had $2K in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Netbrands Corp have outstanding?
Netbrands Corp (NBND) had 23M shares outstanding as of fiscal year 2024.
What is Netbrands Corp's debt-to-equity ratio?
Netbrands Corp (NBND) had a debt-to-equity ratio of -1.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Netbrands Corp's return on assets (ROA)?
Netbrands Corp (NBND) had a return on assets of -80331.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is Netbrands Corp's debt-to-equity ratio negative or unusual?
Netbrands Corp (NBND) has negative shareholder equity of -$2.4M 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 Netbrands Corp's Piotroski F-Score?
Netbrands Corp (NBND) has a Piotroski F-Score of 1 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Netbrands Corp's earnings high quality?
Netbrands Corp (NBND) has an earnings quality ratio of 0.14x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Netbrands Corp cover its interest payments?
Netbrands Corp (NBND) has an interest coverage ratio of -1.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.