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Rhino Bitcoin Inc Financials

RHNO
Source SEC Filings (10-K/10-Q) Data as of 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).

Rhea AI RHNO FY2025

Rhino Bitcoin's economics are dominated by overhead: even with positive gross margin, the business still burns cash in operations.

Across FY2024 and FY2025, revenue more than halved while operating loss stayed near -$440K, implying fixed overhead rather than demand swings is the main force shaping results. That reading is reinforced by cash conversion quality: FY2025 operating cash flow of -$388K sat close to net loss of -$458K, so the reported loss is largely a real cash drain.

The balance sheet looks liquid on paper with a current ratio of 3.9x, but only $25K of cash sat against $393K of current liabilities. In practice, near-term flexibility depends on turning other current assets into cash, not on cash already available.

Capital spending was just $3K in FY2025 while free cash flow was -$391K, which means the burn comes from operating losses, not from building out assets. Gross margin turned positive at 14.0%, but selling and admin costs still reached $572K, leaving gross profit too small to support the overhead base.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score pending refresh

We are recalculating Rhino Bitcoin Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial
5/8

Rhino Bitcoin Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 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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Earnings & Revenue

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.

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.

Cash & Balance Sheet

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.

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.

Margins & Returns

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
-39.6%
YoY+37.3pp
5Y CAGR+8.8pp

Rhino Bitcoin Inc's ROE was -39.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 37.3 percentage points from the prior year.

Capital Allocation

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 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 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 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 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 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 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 N/A N/A N/A 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 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 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 -9.6%+26.8pp -36.5%-5.5pp -30.9%-14.0pp -16.9%-6.7pp -10.2%+19.5pp -29.7%-18.0pp -11.7%-7.6pp -4.1%
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

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.

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

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

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.

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

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.

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.

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.

Rhino Bitcoin Inc (RHNO) has a return on equity of -39.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

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.

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

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

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

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

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

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.

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.

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.

Rhino Bitcoin Inc (RHNO) has a Piotroski F-Score of 5 out of 8 computable signals; 1 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.

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.

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