Rhino Bitcoin Inc Financials

RHNO

Source SEC Filings (10-K/10-Q) Updated Jul 31, 2025 Currency USD FYE July

This page shows Rhino Bitcoin Inc (RHNO) financial statements, including the 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).

Financial Health Signals

Financial Profile 40/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Rhino Bitcoin Inc has an operating margin of -93.8%, meaning the company retains $-94 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -35.1% the prior year.

Growth

Rhino Bitcoin Inc's revenue declined 61.2% year-over-year, from $1.2M to $478K. This contraction results in a growth score of 0/100.

Leverage

Rhino Bitcoin Inc carries a low D/E ratio of 0.34, meaning only $0.34 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.

Liquidity

100

With a current ratio of 3.90, Rhino Bitcoin Inc holds $3.90 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

While Rhino Bitcoin Inc generated -$388K in operating cash flow, capex of $3K consumed most of it, leaving -$391K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Neutral

5/9

Rhino Bitcoin Inc passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.85x

For every $1 of reported earnings, Rhino Bitcoin Inc generates $0.85 in operating cash flow (-$388K OCF vs -$458K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Revenue

$478K

YoY-61.2%

5Y CAGR+50.7%

Rhino Bitcoin Inc generated $478K in revenue in fiscal year 2025. This represents a decrease of 61.2% from the prior year.

EBITDA

-$443K

YoY-3.0%

Rhino Bitcoin Inc's EBITDA was -$443K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3.0% from the prior year.

Free Cash Flow

-$391K

YoY+41.5%

Rhino Bitcoin Inc generated -$391K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 41.5% from the prior year.

Net Income

-$458K

YoY-4.7%

Rhino Bitcoin Inc reported -$458K in net income in fiscal year 2025. This represents a decrease of 4.7% from the prior year.

EPS (Diluted)

$-0.07

Rhino Bitcoin Inc earned $-0.07 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 4.4% from the prior year.

Cash & Debt

$25K

YoY-92.6%

5Y CAGR-56.0%

Rhino Bitcoin Inc held $25K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

74M

Rhino Bitcoin Inc had 74M shares outstanding in fiscal year 2025. This represents a decrease of 77.7% from the prior year.

Gross Margin

14.0%

YoY+18.2pp

5Y CAGR-22.8pp

Rhino Bitcoin Inc's gross margin was 14.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 18.2 percentage points from the prior year.

Operating Margin

-93.8%

YoY-58.7pp

5Y CAGR+1203.1pp

Rhino Bitcoin Inc's operating margin was -93.8% in fiscal year 2025, reflecting core business profitability. This is down 58.7 percentage points from the prior year.

Net Margin

-95.9%

YoY-60.3pp

5Y CAGR+1201.1pp

Rhino Bitcoin Inc's net profit margin was -95.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 60.3 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$3K

YoY-78.3%

5Y CAGR-51.6%

Rhino Bitcoin Inc invested $3K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 78.3% from the prior year.

RHNO Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$478K-61.2%	$1.2M+1134.4%	$100K+379.4%	$21K-68.6%	$66K+7.8%	$61K
Cost of Revenue	$411K-68.0%	$1.3M+1423.8%	$84K+396.4%	$17K-68.4%	$54K+38.4%	$39K
Gross Profit	$67K+227.0%	-$53K-439.1%	$16K+304.0%	$4K-69.2%	$12K-44.7%	$23K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$572K+51.0%	$379K+2.2%	$371K+22.0%	$304K+57.6%	$193K-59.9%	$481K
Operating Income	-$449K-3.6%	-$433K	N/A	-$610K-80.2%	-$338K+57.5%	-$797K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$481	N/A	N/A	N/A	N/A	N/A
Net Income	-$458K-4.7%	-$438K-12.5%	-$389K+36.2%	-$610K-80.2%	-$338K+57.5%	-$797K
EPS (Diluted)	$-0.07	$-0.07-5383.3%	$-0.00+33.3%	$-0.00	N/A	N/A

Metric	Q2'25	Q3'25	Q2'25	Q1'25	Q2'24	Q3'24	Q2'24	Q1'24
Revenue	$158K-30.8%	$228K+268.1%	$62K+101.7%	$31K-80.7%	$159K+12.9%	$141K-71.1%	$488K+10.0%	$444K
Cost of Revenue	$122K-38.4%	$198K+347.1%	$44K-4.1%	$46K-65.8%	$135K-49.7%	$269K-46.4%	$502K+32.7%	$378K
Gross Profit	$35K+20.1%	$29K+68.0%	$18K+212.5%	-$16K-165.7%	$24K+118.5%	-$128K-822.8%	-$14K-121.1%	$66K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$217K+31.4%	$165K+113.7%	$77K-32.2%	$114K+12.8%	$101K+28.1%	$79K-22.4%	$102K+3.6%	$98K
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$13-124.1%	$54+120.6%	-$262-137.3%	$702	N/A	N/A	N/A	N/A
Net Income	-$112K+3.0%	-$115K+15.1%	-$135K-40.8%	-$96K-40.0%	-$69K+67.6%	-$212K-88.0%	-$113K-157.7%	-$44K
EPS (Diluted)	N/A	$-0.000.0%	$-0.00-33.3%	$-0.00	N/A	$-0.00-100.0%	$-0.00-200.0%	$-0.00

RHNO Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.6M+98.4%	$782K-41.1%	$1.3M-6.9%	$1.4M-34.9%	$2.2M+19.3%	$1.8M
Current Assets	$1.5M+117.3%	$705K-43.1%	$1.2M-11.7%	$1.4M-27.0%	$1.9M+7.9%	$1.8M
Cash & Equivalents	$25K-92.6%	$337K-58.9%	$821K-39.1%	$1.3M-28.2%	$1.9M+24.2%	$1.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$202K+91.6%	$106K+25.2%	$84K+444.2%	$16K-60.5%	$39K+22.1%	$32K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$393K+84.9%	$213K-15.5%	$252K+263.4%	$69K-26.2%	$94K-50.1%	$188K
Current Liabilities	$393K+109.6%	$188K-6.0%	$200K+188.4%	$69K-13.0%	$80K-57.7%	$188K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.2M+103.5%	$569K-47.1%	$1.1M-20.7%	$1.4M-35.3%	$2.1M+27.2%	$1.6M
Retained Earnings	-$3.0M-13.5%	-$2.7M-22.3%	-$2.2M-15.1%	-$1.9M-61.4%	-$1.2M-39.4%	-$848K

Metric	Q2'25	Q3'25	Q2'25	Q1'25	Q2'24	Q3'24	Q2'24	Q1'24
Total Assets	$1.6M+143.2%	$638K-2.2%	$652K-16.6%	$782K-15.2%	$922K-6.2%	$983K-27.2%	$1.3M+1.7%	$1.3M
Current Assets	$1.5M+165.1%	$578K-1.2%	$586K-17.0%	$705K-16.2%	$842K-7.4%	$909K-28.4%	$1.3M+2.4%	$1.2M
Cash & Equivalents	$25K-84.0%	$156K-43.8%	$278K-17.7%	$337K-22.3%	$434K-22.6%	$561K-24.2%	$741K-9.8%	$821K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$202K+1703.0%	$11K-79.0%	$54K-49.3%	$106K+863.9%	$11K-84.8%	$72K-79.1%	$344K+308.1%	$84K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$393K+22.0%	$322K+50.5%	$214K+0.8%	$213K-13.0%	$245K-8.5%	$267K-30.8%	$386K+53.4%	$252K
Current Liabilities	$393K+25.3%	$314K+58.7%	$198K+5.4%	$188K-11.9%	$213K-7.2%	$230K-32.6%	$341K+70.7%	$200K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.2M+267.2%	$315K-28.0%	$438K-23.1%	$569K-15.9%	$677K-5.3%	$715K-25.8%	$964K-10.4%	$1.1M
Retained Earnings	-$3.0M-3.8%	-$2.9M-4.1%	-$2.8M-5.0%	-$2.7M-3.7%	-$2.6M-2.7%	-$2.5M-9.2%	-$2.3M-5.1%	-$2.2M

RHNO Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$388K+40.7%	-$653K-56.2%	-$418K-13.6%	-$368K-31.8%	-$279K+71.1%	-$967K
Capital Expenditures	$3K-78.3%	$14K+72.7%	$8K+165.9%	$3K	N/A	$114K
Free Cash Flow	-$391K+41.5%	-$667K-56.6%	-$426K-14.9%	-$371K	N/A	-$1.1M
Investing Cash Flow	-$3K+78.3%	-$14K-72.7%	-$8K-165.9%	-$3K	N/A	-$114K
Financing Cash Flow	N/A	N/A	N/A	N/A	$782K+295.3%	$198K
Dividends Paid	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

Metric	Q2'25	Q3'25	Q2'25	Q1'25	Q2'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	-$131K-16.9%	-$112K-73.9%	-$64K+20.5%	-$81K+43.5%	-$143K-0.2%	-$143K-72.6%	-$83K+70.9%	-$284K
Capital Expenditures	$2K+3602.3%	$43+295.5%	-$22-101.6%	$1K-87.8%	$12K+1552.5%	$703+2503.7%	$27-98.3%	$2K
Free Cash Flow	-$132K-18.3%	-$112K-73.9%	-$64K+21.9%	-$82K+46.9%	-$155K-7.8%	-$144K-73.4%	-$83K+71.0%	-$286K
Investing Cash Flow	-$2K-3602.3%	-$43-295.5%	$22+101.6%	-$1K+87.8%	-$12K-1552.5%	-$703-2503.7%	-$27+98.3%	-$2K
Financing Cash Flow	N/A	N/A	$0-100.0%	$198K-85.4%	$1.4M	N/A	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

RHNO Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	14.0%+18.2pp	-4.3%-19.8pp	15.5%-2.9pp	18.4%-0.4pp	18.8%-17.9pp	36.8%
Operating Margin	-93.8%-58.7pp	-35.1%	N/A	-2927.2%-2416.6pp	-510.6%+786.4pp	-1297.0%
Net Margin	-95.9%-60.3pp	-35.5%+354.4pp	-389.9%+2537.3pp	-2927.2%-2416.6pp	-510.6%+786.4pp	-1297.0%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-29.5%+26.4pp	-56.0%-26.7pp	-29.3%+13.4pp	-42.8%-27.3pp	-15.4%+27.9pp	-43.4%
Current Ratio	3.90+0.1	3.76-2.4	6.21-14.1	20.28-3.9	24.16+14.7	9.47
Debt-to-Equity	0.34-0.0	0.37+0.1	0.23+0.2	0.050.0	0.04-0.1	0.11
FCF Margin	-81.7%-27.5pp	-54.1%+372.7pp	-426.8%+1353.9pp	-1780.8%	N/A	-1759.6%

Metric	Q2'25	Q3'25	Q2'25	Q1'25	Q2'24	Q3'24	Q2'24	Q1'24
Gross Margin	22.4%+9.5pp	12.9%-15.4pp	28.3%+79.1pp	-50.8%-65.7pp	14.9%+105.9pp	-91.0%-88.2pp	-2.9%-17.7pp	14.8%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-70.8%-20.3pp	-50.5%+168.3pp	-218.8%+94.5pp	-313.3%-270.1pp	-43.2%+107.5pp	-150.7%-127.5pp	-23.1%-13.3pp	-9.9%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-7.2%+10.8pp	-18.0%+2.7pp	-20.8%-8.5pp	-12.3%-4.8pp	-7.5%+14.1pp	-21.6%-13.2pp	-8.4%-5.1pp	-3.3%
Current Ratio	3.90+2.1	1.84-1.1	2.96-0.8	3.76-0.2	3.950.0	3.96+0.2	3.72-2.5	6.21
Debt-to-Equity	0.34-0.7	1.02+0.5	0.49+0.1	0.37+0.0	0.36-0.0	0.37-0.0	0.40+0.2	0.23
FCF Margin	-83.9%-34.9pp	-49.0%+54.8pp	-103.8%+164.1pp	-267.9%-170.6pp	-97.3%+4.6pp	-102.0%-85.0pp	-17.0%+47.4pp	-64.4%

Frequently Asked Questions

What is Rhino Bitcoin Inc's annual revenue?

Rhino Bitcoin Inc (RHNO) reported $478K in total revenue for fiscal year 2025. This represents a -61.2% 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 Rhino Bitcoin Inc's revenue growing?

Rhino Bitcoin Inc (RHNO) revenue declined by 61.2% year-over-year, from $1.2M to $478K in fiscal year 2025.

Is Rhino Bitcoin Inc profitable?

No, Rhino Bitcoin Inc (RHNO) reported a net income of -$458K in fiscal year 2025, with a net profit margin of -95.9%.

What is Rhino Bitcoin Inc's earnings per share (EPS)?

Rhino Bitcoin Inc (RHNO) reported diluted earnings per share of $-0.07 for fiscal year 2025. 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 Rhino Bitcoin Inc's EBITDA?

Rhino Bitcoin Inc (RHNO) had EBITDA of -$443K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Rhino Bitcoin Inc's gross margin?

Rhino Bitcoin Inc (RHNO) had a gross margin of 14.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Rhino Bitcoin Inc's operating margin?

Rhino Bitcoin Inc (RHNO) had an operating margin of -93.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Rhino Bitcoin Inc's net profit margin?

Rhino Bitcoin Inc (RHNO) had a net profit margin of -95.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Rhino Bitcoin Inc's free cash flow?

Rhino Bitcoin Inc (RHNO) generated -$391K in free cash flow during fiscal year 2025. This represents a 41.5% 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 Rhino Bitcoin Inc's operating cash flow?

Rhino Bitcoin Inc (RHNO) generated -$388K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Rhino Bitcoin Inc's total assets?

Rhino Bitcoin Inc (RHNO) had $1.6M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Rhino Bitcoin Inc's capital expenditures?

Rhino Bitcoin Inc (RHNO) invested $3K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Rhino Bitcoin Inc have outstanding?

Rhino Bitcoin Inc (RHNO) had 74M shares outstanding as of fiscal year 2025.

What is Rhino Bitcoin Inc's current ratio?

Rhino Bitcoin Inc (RHNO) had a current ratio of 3.90 as of fiscal year 2025, which is generally considered healthy.

What is Rhino Bitcoin Inc's debt-to-equity ratio?

Rhino Bitcoin Inc (RHNO) had a debt-to-equity ratio of 0.34 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Rhino Bitcoin Inc's return on assets (ROA)?

Rhino Bitcoin Inc (RHNO) had a return on assets of -29.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Rhino Bitcoin Inc's cash runway?

Based on fiscal year 2025 data, Rhino Bitcoin Inc (RHNO) had $25K in cash against an annual operating cash burn of $388K. 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.

What is Rhino Bitcoin Inc's Piotroski F-Score?

Rhino Bitcoin Inc (RHNO) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 Rhino Bitcoin Inc's earnings high quality?

Rhino Bitcoin Inc (RHNO) has an earnings quality ratio of 0.85x, 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.

How financially healthy is Rhino Bitcoin Inc?

Rhino Bitcoin Inc (RHNO) scores 40 out of 100 on our Financial Profile, indicating moderate 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.