Royalty Management Holding Corp financial data

Symbol
RMCO, RMCOW on Nasdaq
Industry
Patent Owners & Lessors
Location
12115 Visionary Way Suite 174, Fishers, IN
State of incorporation
DE
Fiscal year end
December 31
Former names
American Acquisition Opportunity Inc. (to 10/30/2023)
Latest financial report
10-Q - Q2 2024 - Aug 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 52.8 % +46%
Debt-to-equity 64.2 % -48%
Return On Equity -25.3 % +48.2%
Return On Assets -14.2 % +39.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 15M shares
Common Stock, Shares, Outstanding 15M shares
Entity Public Float 15.7M USD 0%
Common Stock, Value, Issued 1.5K USD
Weighted Average Number of Shares Outstanding, Basic 12.4M shares +219%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 254K USD +283%
Cost of Revenue 100K USD +79.4%
General and Administrative Expense 129K USD +38%
Costs and Expenses -364K USD -18.1%
Operating Income (Loss) -166K USD -62.1%
Net Income (Loss) Attributable to Parent -1.59M USD +31.4%
Earnings Per Share, Basic 0.3 USD/shares -23.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 39.1K USD -59.3%
Accounts Receivable, after Allowance for Credit Loss, Current 164K USD
Assets, Current 924K USD +514%
Operating Lease, Right-of-Use Asset 437K USD
Intangible Assets, Net (Excluding Goodwill) 483K USD
Assets 13.7M USD +143%
Accounts Payable, Current 116K USD -60.6%
Accrued Liabilities, Current 511K USD
Liabilities, Current 1.53M USD +42.4%
Operating Lease, Liability, Noncurrent 400K USD
Liabilities 3.09M USD -37.5%
Retained Earnings (Accumulated Deficit) 1.38M USD -75.2%
Stockholders' Equity Attributable to Parent 10.6M USD +38.2%
Liabilities and Equity 13.7M USD +143%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -580K USD -154%
Net Cash Provided by (Used in) Financing Activities 611K USD
Net Cash Provided by (Used in) Investing Activities -91.4K USD -104%
Common Stock, Shares Authorized 100M shares
Common Stock, Shares, Issued 15M shares
Common Stock, Par or Stated Value Per Share 10 USD/shares -0.99%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 226K USD -17.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Gross 433K USD +199%
Lessee, Operating Lease, Liability, to be Paid 436K USD
Operating Lease, Liability, Current 35.7K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 40.9K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 35.7K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 51.7K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 24K USD
Operating Lease, Payments 445K USD
Additional Paid in Capital 9.26M USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 18.8K USD 0%
Interest Expense 42.8K USD -81.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares