Rain Enhancement Financials
This page shows Rain Enhancement (RAINW) 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).
Financial Health Signals
Based on FY2025 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 Rain Enhancement'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.
Rain Enhancement's current ratio of 0.02 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Rain Enhancement earns $-28.6 in operating income for every $1 of interest expense (-$8.1M vs $284K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Rain Enhancement's EBITDA was -$8.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Cash & Balance Sheet
Rain Enhancement generated -$2.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 114.9% from the prior year.
Rain Enhancement held $214K in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Capital Allocation
Rain Enhancement invested $62K in research and development in fiscal year 2025.
Rain Enhancement invested $988K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2055.5% from the prior year.
RAINW Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | $46K | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $1.5M+44.0% | $1.1M-20.4% | $1.3M | N/A | $3.0M+853.1% | $314K+1395.5% | $21K |
| Operating Income | N/A | -$1.6M-53.3% | -$1.1M+20.3% | -$1.3M | N/A | -$3.0M-845.3% | -$317K-1225.4% | -$24K |
| Interest Expense | N/A | $243K | N/A | N/A | N/A | $7K | N/A | N/A |
| Income Tax | N/A | N/A | $912 | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$2.2M-130.9% | -$953K+35.7% | -$1.5M | N/A | -$3.0M-826.0% | -$325K-936.3% | -$31K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
RAINW Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.8M-7.7% | $1.9M+9.7% | $1.8M+3.9% | $1.7M+33.5% | $1.3M | N/A | N/A | N/A |
| Current Assets | $317K-45.8% | $586K-10.8% | $657K-38.1% | $1.1M+37.8% | $770K | N/A | N/A | N/A |
| Cash & Equivalents | $214K-9.7% | $237K+1337.1% | $16K-94.0% | $273K+737.7% | $33K-86.4% | $240K-33.6% | $361K+4002.2% | $9K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $14.5M+26.2% | $11.5M+21.3% | $9.5M+12.0% | $8.5M+29.1% | $6.6M | N/A | N/A | N/A |
| Current Liabilities | $13.3M+24.3% | $10.7M+19.0% | $9.0M+11.8% | $8.0M+29.3% | $6.2M | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | $839K | N/A | N/A | N/A |
| Total Equity | -$12.7M-33.1% | -$9.6M-24.0% | -$7.7M-14.1% | -$6.8M-28.0% | -$5.3M-554.5% | -$808K+18.6% | -$993K-48.6% | -$668K |
| Retained Earnings | -$15.3M-40.9% | -$10.9M-25.3% | -$8.7M-12.3% | -$7.7M-23.7% | -$6.3M | N/A | N/A | N/A |
RAINW Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$329K-40.5% | -$234K+39.0% | -$383K+61.9% | -$1.0M+12.9% | -$1.2M-861.5% | -$120K-102.9% | -$59K-562.6% | $13K |
| Capital Expenditures | $129K-47.4% | $246K-48.1% | $473K+239.6% | $139K+13938600.0% | $1-99.9% | $1K-66.9% | $3K-91.9% | $41K |
| Free Cash Flow | -$458K+4.5% | -$480K+44.0% | -$857K+25.3% | -$1.1M+0.8% | -$1.2M-852.6% | -$121K-93.8% | -$63K-119.4% | -$29K |
| Investing Cash Flow | -$129K+47.4% | -$246K+48.1% | -$473K-239.6% | -$139K-13938600.0% | -$1+99.9% | -$1K+66.9% | -$3K+91.9% | -$41K |
| Financing Cash Flow | $435K-37.9% | $700K+16.7% | $600K-56.7% | $1.4M+46.2% | $949K | $0 | N/A | 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 |
RAINW Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | -113.3%-59.5pp | -53.8%+33.2pp | -87.0% | N/A | N/A | N/A | N/A |
| Current Ratio | 0.02-0.0 | 0.05-0.0 | 0.07-0.1 | 0.130.0 | 0.12 | N/A | N/A | N/A |
| Debt-to-Equity | -1.14+0.1 | -1.20+0.0 | -1.23+0.0 | -1.25-1.1 | -0.16 | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$12.7M), 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 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Rain Enhancement's EBITDA?
Rain Enhancement (RAINW) had EBITDA of -$8.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Rain Enhancement's free cash flow?
Rain Enhancement (RAINW) generated -$2.9M in free cash flow during fiscal year 2025. This represents a -114.9% 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 Rain Enhancement's operating cash flow?
Rain Enhancement (RAINW) generated -$2.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Rain Enhancement's total assets?
Rain Enhancement (RAINW) had $1.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Rain Enhancement's capital expenditures?
Rain Enhancement (RAINW) invested $988K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Rain Enhancement spend on research and development?
Rain Enhancement (RAINW) invested $62K in research and development during fiscal year 2025.
What is Rain Enhancement's current ratio?
Rain Enhancement (RAINW) had a current ratio of 0.02 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Rain Enhancement's debt-to-equity ratio?
Rain Enhancement (RAINW) had a debt-to-equity ratio of -1.14 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Rain Enhancement's cash runway?
Based on fiscal year 2025 data, Rain Enhancement (RAINW) had $214K in cash against an annual operating cash burn of $2.0M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Rain Enhancement's debt-to-equity ratio negative or unusual?
Rain Enhancement (RAINW) has negative shareholder equity of -$12.7M as of fiscal year 2025, 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.
Can Rain Enhancement cover its interest payments?
Rain Enhancement (RAINW) has an interest coverage ratio of -28.6x, 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.
How financially healthy is Rain Enhancement?
Rain Enhancement (RAINW) scores 0 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.