Rubicon Technologies, Inc. financial data

Symbol
RBT on NYSE, RBTCW on OTC
Industry
Services-Prepackaged Software
Location
100 W Main Street, Suite 610, Lexington, Kentucky
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Founder SPAC (to 8/12/2022)
Latest financial report
Q1 2024 - May 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 68.9 % +21.8%
Debt-to-equity -164 % -42%
Return On Equity 185 %
Return On Assets -126 %
Operating Margin -6.12 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.6M shares
Entity Public Float 63.9M USD -79.6%
Weighted Average Number of Shares Outstanding, Basic 46.1M shares +520%
Weighted Average Number of Shares Outstanding, Diluted 46.1M shares +520%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 163M USD -8.93%
Cost of Revenue 154M USD -9.55%
Research and Development Expense 28.8M USD -11%
Selling and Marketing Expense 11.7M USD -27.5%
General and Administrative Expense 47.8M USD -78.9%
Costs and Expenses 724M USD -22.2%
Operating Income (Loss) -42M USD +82.1%
Nonoperating Income (Expense) -42.8M USD -37.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -84.8M USD +68.2%
Income Tax Expense (Benefit) -7K USD -111%
Net Income (Loss) Attributable to Parent -17.2M USD -81.5%
Earnings Per Share, Basic -2.42 USD/shares +19.5%
Earnings Per Share, Diluted -0.33 USD/shares +19.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 13.8M USD +31.3%
Accounts Receivable, after Allowance for Credit Loss, Current 52M USD -22.6%
Other Assets, Current 3.92M USD +49.8%
Assets, Current 156M USD +7.97%
Property, Plant and Equipment, Net 525K USD -79.9%
Operating Lease, Right-of-Use Asset 331K USD -86.9%
Intangible Assets, Net (Excluding Goodwill) 6.47M USD -35.8%
Goodwill 19.9M USD -38.2%
Other Assets, Noncurrent 1.91M USD -27.5%
Assets 198M USD +2.04%
Accounts Payable, Current 75.8M USD -7.76%
Employee-related Liabilities, Current 4.58M USD -89.4%
Accrued Liabilities, Current 55.3M USD
Contract with Customer, Liability, Current 1.42M USD -76.6%
Liabilities, Current 226M USD -7.07%
Deferred Income Tax Liabilities, Net 197K USD -9.22%
Operating Lease, Liability, Noncurrent 0 USD -100%
Other Liabilities, Noncurrent 3.02M USD
Liabilities 333M USD -0.4%
Retained Earnings (Accumulated Deficit) -410M USD -20.4%
Stockholders' Equity Attributable to Parent -143M USD +49.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -135M USD +3.78%
Liabilities and Equity 198M USD +2.04%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.68M USD +54.3%
Net Cash Provided by (Used in) Financing Activities 857K USD -93.5%
Net Cash Provided by (Used in) Investing Activities -26K USD +92%
Common Stock, Shares Authorized 59.5M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.7M USD +85.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.39M USD +47.8%
Deferred Tax Assets, Valuation Allowance 143M USD +392%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 146M USD +361%
Operating Lease, Liability 398K USD -87.8%
Payments to Acquire Property, Plant, and Equipment 816K USD -42%
Lessee, Operating Lease, Liability, to be Paid 424K USD -89.3%
Property, Plant and Equipment, Gross 4M USD
Operating Lease, Liability, Current 398K USD -79.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 790K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 424K USD -75.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure -78.9%
Deferred Income Tax Expense (Benefit) -20K USD -151%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 26K USD -96.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 151K USD
Deferred Tax Assets, Operating Loss Carryforwards 42M USD +56.3%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -19K USD -119%
Current Income Tax Expense (Benefit) 17K USD -54.1%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 152K USD
Operating Lease, Payments 2M USD -9.09%
Additional Paid in Capital 268M USD +359%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 15K USD -59.5%
Current Federal Tax Expense (Benefit) 0 USD
Operating Leases, Future Minimum Payments, Due in Two Years 1.23M USD
Amortization of Intangible Assets 3.2M USD +3.23%
Depreciation, Depletion and Amortization 1.2M USD +9.09%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 2.28M USD
Deferred Tax Assets, Net of Valuation Allowance 2.14M USD -10.3%
Share-based Payment Arrangement, Expense 6.32M USD -94.1%
Operating Leases, Future Minimum Payments, Due in Three Years 151K USD
Operating Leases, Future Minimum Payments Due 4.54M USD
Deferred State and Local Income Tax Expense (Benefit) -1K USD +98.4%
Interest Expense 37.8M USD +86.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%