Retractable Tech (RVP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 4, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RVP SEC filings page.
Retractable Tech (RVP) reported $33.9M in revenue over the twelve months to Jun 30, 2026, down 11.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Near-zero gross profitability leaves the business dependent on balance-sheet contraction rather than operating leverage or debt financing.
The FY2025 revenue rebound to$38.3M did not rebuild the economics lost since FY2021: gross margin moved from50.6% to just0.1% , while operating margin remained deeply negative at-55.3% . With operating cash flow still negative at-$7.1M , the latest loss is not merely an accounting effect; the core business is still not converting sales into cash after production and operating costs.
The balance sheet has contracted alongside the business: assets declined from
Short-term liquidity remains mathematically high, with a current ratio of 6.6x, but reported liquidity equaled only 4.4 months of the latest annual operating outflow. The contrast matters: ample current assets relative to current liabilities coexist with continuing cash use and a fourth consecutive year of operating losses.
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Retractable Tech'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.
Retractable Tech held $2.6M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $7.1M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Retractable Tech scores 16/100 among other emerging companies.
Retractable Tech had 30M shares outstanding at the end of fiscal year 2025, against 30M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Retractable Tech scores 74/100 among other emerging companies.
Retractable Tech spent $676K on research and development in fiscal year 2025, which was 1.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Retractable Tech scores 10/100 among other emerging companies.
Retractable Tech reported revenue of $38.3M in fiscal year 2025, against $33.0M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Retractable Tech scores 35/100 among other emerging companies.
Not available for Retractable Tech, and counted as zero in the overall score.
Retractable Tech's cash, cash equivalents and investments came to $2.6M at the end of fiscal year 2025, against $68.3M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Retractable Tech scores 7/100 among other emerging companies.
Retractable Tech scores 0.55, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Retractable Tech passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Retractable Tech reported a net loss of $12.6M while operations used $7.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Retractable Tech reported an operating loss of $21.2M against $88K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Retractable Tech generated $7.2M in revenue in Q2 2026. This represents a decrease of 31.1% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.
Retractable Tech's EBITDA was -$3.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 0.3% from the same quarter a year earlier. Against the prior quarter it is up 23.8%.
Retractable Tech reported $2.8M in net income in Q2 2026. This represents an increase of 3336.2% from the same quarter a year earlier. Against the prior quarter it is up 167.0%.
Retractable Tech earned $0.09 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 164.3%.
Cash & Balance Sheet
Retractable Tech recorded an outflow of $1.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 56.7% from the same quarter a year earlier. Against the prior quarter it is down 28.2%.
Retractable Tech held $2.6M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Retractable Tech's gross margin was 2.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 3.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.3 percentage points.
Retractable Tech's operating margin was -71.5% in Q2 2026, reflecting core business profitability. This is down 22.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.5 percentage points.
Retractable Tech's net profit margin was 39.3% in Q2 2026, showing the share of revenue converted to profit. This is up 40.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 98.2 percentage points.
Retractable Tech's ROE was 3.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 4.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.9 percentage points.
Capital Allocation
Retractable Tech invested $187K in research and development in Q2 2026. This represents an increase of 17.0% from the same quarter a year earlier. Against the prior quarter it is up 9.9%.
Retractable Tech invested $30K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 91.0% from the same quarter a year earlier. Against the prior quarter it is up 378.9%.
Not reported for Q2 2026.
RVP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.2M-31.1% | $7.2M-13.5% | $9.4M+4.0% | $10.1M-2.5% | $10.4M+73.2% | $8.3M+9.2% | $9.1M-36.5% | $10.3M+0.1% |
| Cost of Revenue | $7.0M-33.6% | $8.0M-3.4% | $11.0M-5.2% | $8.4M-18.9% | $10.6M+63.6% | $8.3M+45.6% | $11.6M-9.3% | $10.4M+72.3% |
| Gross Profit | $191K+278.2% | -$838K-43772.7% | -$1.5M+38.7% | $1.7M+11483.6% | -$107K+74.5% | -$2K-100.1% | -$2.5M-261.9% | -$15K-100.3% |
| R&D Expenses | $187K+17.0% | $170K-10.9% | $125K-20.9% | $199K+14.2% | $160K-19.6% | $191K+34.4% | $158K-2.4% | $175K+15.7% |
| SG&A Expenses | $3.6M+12.9% | $3.4M+18.8% | $3.1M-7.3% | $3.6M+11.2% | $3.2M-12.7% | $2.9M-12.9% | $3.4M+24.4% | $3.2M-14.5% |
| Operating Income | -$5.1M-0.3% | -$6.2M-31.9% | -$7.7M-6.8% | -$3.7M+28.9% | -$5.1M+11.0% | -$4.7M-56.6% | -$7.2M-159.8% | -$5.1M-448.8% |
| EBITDA | -$3.2M+0.3% | -$4.3M-52.6% | -$5.6M-4.4% | -$1.8M+44.6% | -$3.3M+15.9% | -$2.8M-154.8% | -$5.3M-394.8% | -$3.2M-421.2% |
| Interest Expense | $19K-16.0% | $20K-12.9% | $22K-19.1% | $21K-32.5% | $22K-30.0% | $23K-29.9% | $27K-23.8% | $30K-15.5% |
| Income Tax | $2K+1.3% | $2K-99.4% | $2K+1.8% | $2K+105.4% | $2K-100.0% | $286K+233.9% | $2K-93.2% | -$31K+97.5% |
| Net Income | $2.8M+3336.2% | -$4.2M+59.8% | -$2.3M-162.3% | $371K+119.3% | -$87K+99.4% | -$10.5M-2545.5% | $3.8M+5269.3% | -$1.9M+52.7% |
| EPS (Basic) | $0.09 | -$0.14+60.0% | -$0.08-161.5% | $0.01+114.3% | $0.00+100.0% | -$0.35-3600.0% | $0.13 | -$0.07+50.0% |
| EPS (Diluted) | $0.09 | -$0.14+60.0% | -$0.08-161.5% | $0.01+114.3% | $0.00+100.0% | -$0.35-3600.0% | $0.13 | -$0.07+50.0% |
| Diluted Shares (Avg) | 30M0.0% | 30M0.0% | N/A | 30M0.0% | 30M0.0% | 30M0.0% | N/A | 30M0.0% |
RVP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $141.7M-3.7% | $137.6M-7.8% | $142.6M-11.3% | $146.4M-7.2% | $147.1M-8.5% | $149.3M-15.2% | $160.7M-10.5% | $157.8M-13.1% |
| Current Assets | $65.9M+4.6% | $60.0M-5.8% | $63.1M-13.9% | $64.1M-6.7% | $63.0M-10.7% | $63.7M-15.9% | $73.3M-5.6% | $68.8M-11.6% |
| Cash & Equivalents | $2.6M-13.3% | $2.8M-18.2% | $2.6M-38.9% | $3.4M-12.1% | $3.0M-55.6% | $3.4M-66.2% | $4.2M-66.6% | $3.9M-65.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $15.9M-22.1% | $16.4M-22.4% | $17.2M-10.4% | $20.4M-4.3% | $20.4M-7.1% | $21.2M+8.7% | $19.2M+9.1% | $21.3M-5.2% |
| Accounts Receivable | $9.0M+11.7% | $7.0M+30.2% | $7.9M+1.5% | $8.4M-2.7% | $8.1M+72.4% | $5.4M-27.8% | $7.8M-27.0% | $8.7M+6.0% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $68.8M-2.5% | $67.5M-7.1% | $68.3M-7.2% | $69.7M-6.3% | $70.6M-6.2% | $72.7M-4.7% | $73.6M-8.5% | $74.4M-9.4% |
| Current Liabilities | $13.4M+48.7% | $10.4M+10.0% | $9.6M+9.3% | $9.6M+20.1% | $9.0M+21.1% | $9.5M+38.2% | $8.8M-6.4% | $8.0M-13.4% |
| Non-Current Liabilities | $55.5M-10.0% | $57.1M-9.7% | $58.7M-9.4% | $60.0M-9.5% | $61.6M-9.2% | $63.2M-9.0% | $64.8M-8.8% | $66.3M-8.9% |
| Long-Term Debt | N/A | N/A | $896K-0.5% | $624K-36.8% | $718K-33.0% | $807K-30.0% | $900K-27.0% | $987K-24.8% |
| Total Equity | $72.9M-4.7% | $70.1M-8.5% | $74.4M-14.7% | $76.8M-8.0% | $76.5M-10.5% | $76.6M-23.1% | $87.2M-12.2% | $83.5M-16.1% |
| Retained Earnings | $12.4M-22.6% | $9.6M-40.5% | $13.9M-48.0% | $16.3M-29.1% | $16.0M-36.0% | $16.1M-58.9% | $26.7M-31.2% | $23.0M-41.0% |
Not reported in any period shown, so not listed: Goodwill.
RVP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.7M+53.6% | -$1.4M+7.3% | -$597K+46.0% | -$1.3M+78.0% | -$3.7M-38.2% | -$1.5M+27.1% | -$1.1M-158.3% | -$5.7M-173.4% |
| Depreciation & Amortization | $1.9M+1.3% | $1.9M+1.2% | $2.1M+13.7% | $1.9M-2.1% | $1.9M-0.8% | $1.9M-0.3% | $1.9M+10.9% | $1.9M-1.8% |
| Capital Expenditures | $30K-91.0% | $6K-92.8% | N/A | $90K-88.7% | $332K+173.0% | $87K-61.6% | $298K+93.9% | $794K+455.5% |
| Free Cash Flow | -$1.8M+56.7% | -$1.4M+12.0% | N/A | -$1.3M+79.3% | -$4.1M-44.0% | -$1.6M+30.5% | -$1.4M-180.6% | -$6.5M-185.1% |
| Investing Cash Flow | $1.8M-49.0% | $1.7M+122.0% | -$115K-107.4% | $1.8M-38.5% | $3.5M+1197.4% | $762K+251.6% | $1.6M+548.6% | $2.9M+624.7% |
| Financing Cash Flow | -$198K-40.8% | -$147K-5.2% | -$145K-5.6% | -$142K-6.1% | -$141K-5.9% | -$140K-6.3% | -$137K-0.5% | -$134K-4.3% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
RVP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 2.6%+3.7pp | -11.7%-11.7pp | -16.2%+11.3pp | 16.7%+16.9pp | -1.0%+5.9pp | 0.0%-25.0pp | -27.5%-38.3pp | -0.1%-42.0pp |
| Operating Margin | -71.5%-22.3pp | -85.9%-29.6pp | -81.7%-2.1pp | -36.2%+13.4pp | -49.1%+46.5pp | -56.4%-17.1pp | -79.6%-60.1pp | -49.6%-40.6pp |
| Net Margin | 39.3%+40.2pp | -58.9% | -24.9%-66.4pp | 3.7%+22.3pp | -0.8% | -126.6% | 41.6%+42.1pp | -18.6%+20.7pp |
| Return on Equity | 3.9%+4.0pp | -6.0%+7.7pp | -3.2%-7.5pp | 0.5%+2.8pp | -0.1%+16.5pp | -13.7%-14.1pp | 4.3%+4.4pp | -2.3%+1.8pp |
| Return on Assets | 2.0%+2.1pp | -3.1%+4.0pp | -1.7%-4.0pp | 0.3%+1.5pp | -0.1%+8.8pp | -7.0%-7.3pp | 2.4%+2.4pp | -1.2%+1.0pp |
| Current Ratio | 4.93-2.1x | 5.74-1.0x | 6.57-1.8x | 6.66-1.9x | 7.01-2.5x | 6.70-4.3x | 8.34+0.1x | 8.57+0.2x |
| Debt-to-Equity | 0.94+0.9x | 0.96+1.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| Asset Turnover | 0.050.0x | 0.050.0x | 0.070.0x | 0.070.0x | 0.070.0x | 0.060.0x | 0.060.0x | 0.070.0x |
| FCF Margin | -24.5%+14.5pp | -19.1%-0.3pp | N/A | -13.4%+49.6pp | -38.9%+7.9pp | -18.8%+10.8pp | -15.5%-27.6pp | -63.0%-137.1pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Retractable Tech RVP | FY2025 | $38.3M | -$12.6M | -32.8% | $21.4M | 24/100 |
| Nexgel Inc NXGL | FY2025 | $11.4M | -$3.0M | -26.3% | $3.1M | 37/100 |
| Harvard Biosci HBIO | FY2025 | $86.5M | -$56.7M | -65.5% | $36.5M | 38/100 |
| Precision Optics POCI | FY2025 | $19.1M | -$5.8M | -30.3% | $47.6M | 26/100 |
| Bionano Genomics Inc BNGO | FY2025 | $28.5M | -$26.4M | -92.6% | $14.1M | 56/100 |
| Meihua International Medical Technologies Co., Ltd. MHUA | FY2025 | $61.8M | $6.8M | 11.0% | $425.4M | 59/100 |
Where Retractable Tech Ranks
Frequently Asked Questions
What is Retractable Tech's annual revenue?
Retractable Tech (RVP) reported $38.3M in total revenue for fiscal year 2025. This represents a 15.8% 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 Retractable Tech's revenue growing?
Retractable Tech (RVP) revenue grew by 15.8% year-over-year, from $33.0M to $38.3M in fiscal year 2025.
Is Retractable Tech profitable?
No, Retractable Tech (RVP) reported a net income of -$12.6M in fiscal year 2025, with a net profit margin of -32.8%.
What is Retractable Tech's EBITDA?
Retractable Tech (RVP) had EBITDA of -$13.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Retractable Tech have?
As of fiscal year 2025, Retractable Tech (RVP) had $2.6M in cash and equivalents against $896K in long-term debt.
What is Retractable Tech's gross margin?
Retractable Tech (RVP) had a gross margin of 0.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Retractable Tech's operating margin?
Retractable Tech (RVP) had an operating margin of -55.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Retractable Tech's net profit margin?
Retractable Tech (RVP) had a net profit margin of -32.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Retractable Tech's return on equity (ROE)?
Retractable Tech (RVP) has a return on equity of -16.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Retractable Tech's operating cash flow?
Retractable Tech (RVP) recorded an outflow of $7.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Retractable Tech's total assets?
Retractable Tech (RVP) had $142.6M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Retractable Tech spend on research and development?
Retractable Tech (RVP) invested $676K in research and development during fiscal year 2025.
What is Retractable Tech's current ratio?
Retractable Tech (RVP) had a current ratio of 6.57 as of fiscal year 2025, which is generally considered healthy.
What is Retractable Tech's debt-to-equity ratio?
Retractable Tech (RVP) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Retractable Tech's return on assets (ROA)?
Retractable Tech (RVP) had a return on assets of -8.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Retractable Tech's P/E ratio?
Retractable Tech (RVP) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $21.4M as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Retractable Tech's price-to-sales ratio?
Retractable Tech (RVP) trades at 0.6x sales, its market capitalization divided by revenue of $33.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $21.4M as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Retractable Tech's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Retractable Tech (RVP) held $2.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $7.1M over that year. Dividing the one by the other, the reported balance equals about 4 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Retractable Tech's Altman Z-Score?
Retractable Tech (RVP) has an Altman Z-Score of 0.55, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Retractable Tech's Piotroski F-Score?
Retractable Tech (RVP) has a Piotroski F-Score of 4 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Retractable Tech's earnings high quality?
Retractable Tech (RVP) reported a net loss of $12.6M while operations used $7.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 Retractable Tech cover its interest payments?
Retractable Tech (RVP) reported an operating loss of $21.2M against $88K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 Retractable Tech?
Retractable Tech (RVP) scores 24 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.