Tofutti Brands Inc Financials
This page shows Tofutti Brands Inc (TOFB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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 FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Tofutti Brands Inc has an operating margin of -6.9%, meaning the company retains $-7 of operating profit per $100 of revenue. This below-average margin results in a low score of 7/100, suggesting thin profitability after operating expenses. This is down from -2.4% the prior year.
Tofutti Brands Inc's revenue declined 12.4% year-over-year, from $10.1M to $8.8M. This contraction results in a growth score of 13/100.
Tofutti Brands Inc carries a low D/E ratio of 0.28, meaning only $0.28 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 6.28, Tofutti Brands Inc holds $6.28 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Tofutti Brands Inc generates a -28.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -9.7% the prior year.
Tofutti Brands Inc passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Tofutti Brands Inc generates $0.42 in operating cash flow (-$358K OCF vs -$860K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Tofutti Brands Inc earns $-303.5 in operating income for every $1 of interest expense (-$607K vs $2K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Tofutti Brands Inc generated $8.8M in revenue in fiscal year 2024. This represents a decrease of 12.4% from the prior year.
Tofutti Brands Inc reported -$860K in net income in fiscal year 2024. This represents a decrease of 135.0% from the prior year.
Tofutti Brands Inc earned $-0.17 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 142.9% from the prior year.
Cash & Balance Sheet
Tofutti Brands Inc held $462K in cash against $0 in long-term debt as of fiscal year 2024.
Tofutti Brands Inc had 5M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Margins & Returns
Tofutti Brands Inc's gross margin was 25.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 2.3 percentage points from the prior year.
Tofutti Brands Inc's operating margin was -6.9% in fiscal year 2024, reflecting core business profitability. This is down 4.5 percentage points from the prior year.
Tofutti Brands Inc's net profit margin was -9.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 6.1 percentage points from the prior year.
Tofutti Brands Inc's ROE was -28.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 19.1 percentage points from the prior year.
Capital Allocation
Tofutti Brands Inc invested $132K in research and development in fiscal year 2024. This represents a decrease of 20.5% from the prior year.
TOFB Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9M-6.0% | $2.0M+27.5% | $1.6M-32.0% | $2.3M+17.8% | $2.0M-13.0% | $2.3M+3.2% | $2.2M-5.6% | $2.3M |
| Cost of Revenue | $1.4M-1.6% | $1.4M+40.8% | $1.0M-41.4% | $1.7M+13.9% | $1.5M-7.1% | $1.6M-7.2% | $1.7M+8.5% | $1.6M |
| Gross Profit | $519K-16.0% | $618K+4.9% | $589K-6.4% | $629K+29.7% | $485K-27.3% | $667K+41.9% | $470K-36.3% | $738K |
| R&D Expenses | $31K-20.5% | $39K-11.4% | $44K+10.0% | $40K+42.9% | $28K+27.3% | $22K-47.6% | $42K-22.2% | $54K |
| SG&A Expenses | $309K0.0% | $309K-16.0% | $368K+7.3% | $343K-8.3% | $374K+9.4% | $342K-10.5% | $382K+2.4% | $373K |
| Operating Income | -$133K-1800.0% | -$7K+95.7% | -$161K-123.6% | -$72K+65.2% | -$207K-696.2% | -$26K+91.4% | -$302K-282.3% | -$79K |
| Interest Expense | N/A | N/A | $1K | N/A | N/A | $1K0.0% | $1K+200.0% | -$1K |
| Income Tax | $4K | N/A | N/A | N/A | N/A | $5K | N/A | -$22K |
| Net Income | -$137K-1857.1% | -$7K+95.7% | -$162K+49.1% | -$318K-53.6% | -$207K-546.9% | -$32K+89.4% | -$303K-441.1% | -$56K |
| EPS (Diluted) | $-0.03 | $0.00+100.0% | $-0.03 | N/A | $-0.04-300.0% | $-0.01+83.3% | $-0.06 | N/A |
TOFB Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.1M+9.5% | $3.7M-1.3% | $3.8M-1.8% | $3.8M-2.2% | $3.9M-0.1% | $3.9M-5.8% | $4.2M-10.0% | $4.6M |
| Current Assets | $3.7M+11.1% | $3.4M-0.8% | $3.4M-1.4% | $3.4M+5.8% | $3.3M-8.4% | $3.6M-6.3% | $3.8M-10.5% | $4.2M |
| Cash & Equivalents | $630K+80.0% | $350K-42.5% | $609K+31.8% | $462K+162.5% | $176K-64.0% | $489K+39.3% | $351K-58.1% | $837K |
| Inventory | $2.2M+0.9% | $2.2M+3.1% | $2.1M+14.1% | $1.9M-11.8% | $2.1M-1.9% | $2.2M-11.5% | $2.5M-0.9% | $2.5M |
| Accounts Receivable | $787K+10.1% | $715K+32.4% | $540K-45.4% | $989K+20.5% | $821K+0.5% | $817K-8.1% | $889K+7.4% | $828K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.4M+55.1% | $891K-4.3% | $931K+11.2% | $837K+35.0% | $620K+44.2% | $430K-33.8% | $650K-21.0% | $823K |
| Current Liabilities | $1.1M+80.3% | $634K-3.4% | $656K+19.7% | $548K+87.7% | $292K-28.8% | $410K-35.0% | $631K-20.4% | $793K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.7M-4.9% | $2.8M-0.2% | $2.8M-5.4% | $3.0M-9.2% | $3.3M-5.6% | $3.5M-0.5% | $3.5M-7.6% | $3.8M |
| Retained Earnings | $2.3M-5.7% | $2.4M-0.3% | $2.4M-6.3% | $2.6M-11.1% | $2.9M-6.7% | $3.1M-1.0% | $3.1M-8.9% | $3.4M |
TOFB Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $282K+210.2% | -$256K-273.0% | $148K-50.2% | $297K+195.5% | -$311K-325.4% | $138K+128.6% | -$482K-530.4% | $112K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | -$2K | $0+100.0% | -$4K | N/A |
| Financing Cash Flow | -$2K+33.3% | -$3K-200.0% | -$1K+90.9% | -$11K-450.0% | -$2K | $0+100.0% | -$4K | 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 |
TOFB Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.2%-3.2pp | 30.5%-6.6pp | 37.0%+10.1pp | 26.9%+2.5pp | 24.4%-4.8pp | 29.2%+8.0pp | 21.3%-10.2pp | 31.5% |
| Operating Margin | -7.0%-6.6pp | -0.3%+9.8pp | -10.1%-7.0pp | -3.1%+7.3pp | -10.4%-9.3pp | -1.1%+12.5pp | -13.7%-10.3pp | -3.4% |
| Net Margin | -7.2%-6.8pp | -0.3%+9.8pp | -10.2%+3.4pp | -13.6%-3.2pp | -10.4%-9.0pp | -1.4%+12.3pp | -13.7%-11.3pp | -2.4% |
| Return on Equity | -5.1%-4.9pp | -0.3%+5.5pp | -5.7%+4.9pp | -10.7%-4.4pp | -6.3%-5.4pp | -0.9%+7.7pp | -8.6%-7.2pp | -1.5% |
| Return on Assets | -3.4%-3.2pp | -0.2%+4.1pp | -4.3%+4.0pp | -8.3%-3.0pp | -5.3%-4.5pp | -0.8%+6.5pp | -7.3%-6.1pp | -1.2% |
| Current Ratio | 3.27-2.0 | 5.31+0.1 | 5.17-1.1 | 6.28-4.9 | 11.14+2.5 | 8.66+2.7 | 6.01+0.7 | 5.34 |
| Debt-to-Equity | 0.52+0.2 | 0.32-0.0 | 0.33+0.0 | 0.28+0.1 | 0.19+0.1 | 0.12-0.1 | 0.19-0.0 | 0.22 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Tofutti Brands Inc's annual revenue?
Tofutti Brands Inc (TOFB) reported $8.8M in total revenue for fiscal year 2024. This represents a -12.4% 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 Tofutti Brands Inc's revenue growing?
Tofutti Brands Inc (TOFB) revenue declined by 12.4% year-over-year, from $10.1M to $8.8M in fiscal year 2024.
Is Tofutti Brands Inc profitable?
No, Tofutti Brands Inc (TOFB) reported a net income of -$860K in fiscal year 2024, with a net profit margin of -9.8%.
What is Tofutti Brands Inc's gross margin?
Tofutti Brands Inc (TOFB) had a gross margin of 25.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tofutti Brands Inc's operating margin?
Tofutti Brands Inc (TOFB) had an operating margin of -6.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Tofutti Brands Inc's net profit margin?
Tofutti Brands Inc (TOFB) had a net profit margin of -9.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Tofutti Brands Inc's return on equity (ROE)?
Tofutti Brands Inc (TOFB) has a return on equity of -28.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Tofutti Brands Inc's operating cash flow?
Tofutti Brands Inc (TOFB) generated -$358K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Tofutti Brands Inc's total assets?
Tofutti Brands Inc (TOFB) had $3.8M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does Tofutti Brands Inc spend on research and development?
Tofutti Brands Inc (TOFB) invested $132K in research and development during fiscal year 2024.
What is Tofutti Brands Inc's current ratio?
Tofutti Brands Inc (TOFB) had a current ratio of 6.28 as of fiscal year 2024, which is generally considered healthy.
What is Tofutti Brands Inc's debt-to-equity ratio?
Tofutti Brands Inc (TOFB) had a debt-to-equity ratio of 0.28 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tofutti Brands Inc's return on assets (ROA)?
Tofutti Brands Inc (TOFB) had a return on assets of -22.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Tofutti Brands Inc's cash runway?
Based on fiscal year 2024 data, Tofutti Brands Inc (TOFB) had $462K in cash against an annual operating cash burn of $358K. This gives an estimated cash runway of approximately 15 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 Tofutti Brands Inc's Piotroski F-Score?
Tofutti Brands Inc (TOFB) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tofutti Brands Inc's earnings high quality?
Tofutti Brands Inc (TOFB) has an earnings quality ratio of 0.42x, 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 Tofutti Brands Inc cover its interest payments?
Tofutti Brands Inc (TOFB) has an interest coverage ratio of -303.5x, 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 Tofutti Brands Inc?
Tofutti Brands Inc (TOFB) scores 43 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.