Rubicon Technologies (RBTC) AI Stock Analysis

• Market Cap: $83.63K
• Dividend Yield: N/A
• Average Volume (3M): 70.90K
• Price to Earnings (P/E): ―
• Beta (1Y): 15.21
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 340
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 68,914,540
• 10 Day Avg. Volume: 51,091
• 30 Day Avg. Volume: 70,900
• PEG Ratio: 0.01
• Price to Book (P/B): -0.24
• Price to Sales (P/S): 0.06
• P/FCF Ratio: -0.61
• Enterprise Value/Market Cap: 1.80K
• Enterprise Value/Revenue: 0.22
• Enterprise Value/Gross Profit: 4.46
• Enterprise Value/Ebitda: -5.52
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: ―

Rubicon Technologies is currently facing significant financial challenges with a negative equity position and ongoing operational losses. While there are some positive short-term technical indicators and recent corporate actions aimed at enhancing financial stability, the overall outlook remains cautious. The company's valuation is unattractive due to its negative earnings, and improvements in financial health and operational efficiency are critical for a better investment outlook.

Positive Factors

Management Quality

The appointment of Eric Bauer as CFO, with his extensive experience, is likely to enhance operational excellence and strategic direction, supporting long-term growth and sustainability.

Strategic Refinancing

The strategic refinancing and equity raise provide financial stability, enabling Rubicon to invest in technology and expand its offerings, enhancing its competitive position.

Revenue Growth Potential

By expanding its technology-driven solutions, Rubicon is positioned to capture more market share, driving long-term revenue growth and improving sustainability outcomes.

Negative Factors

Negative Equity Position

The negative equity position indicates potential insolvency risks, limiting financial flexibility and posing challenges to long-term stability and growth.

Ongoing Operational Losses

Persistent operational losses and negative margins highlight inefficiencies, threatening long-term profitability and requiring strategic improvements.

High Leverage

High leverage increases financial risk, potentially impacting cash flow and limiting the company's ability to invest in growth opportunities.

Rubicon Technologies Business Overview & Revenue Model

Company Description

Rubicon Technologies, Inc., a digital marketplace for waste and recycling services, provides cloud-based waste and recycling solutions to businesses, governments, and organizations worldwide. The company provides solutions for waste generators; and haulers and recyclers. It offers consultation and management services to customers for waste removal, waste management, logistics, and recycling solutions. Its consultation and management services include planning, consolidation of billing and administration, cost savings analyses, and vendor performance monitoring and management. In addition, the company offers logistics services; and markets and resells recyclable commodities. Rubicon Technologies, Inc. was founded in 2008 and is headquartered in Atlanta, Georgia.

How the Company Makes Money

Rubicon Technologies makes money through a combination of subscription fees for its software platform, transaction fees from waste and recycling service arrangements, and value-added services such as data analytics and sustainability consulting. The company partners with businesses, municipalities, and other organizations to optimize their waste management processes, often helping them reduce costs and improve sustainability outcomes. Additionally, Rubicon may earn revenue through strategic partnerships with waste haulers and other service providers, leveraging its platform to facilitate efficient interactions and transactions between these parties.

Rubicon Technologies Financial Statement Overview

Summary

Rubicon Technologies faces significant financial challenges, with persistent losses and high leverage impacting overall stability and profitability. While there are some positive trends in revenue growth and free cash flow, the company must address its negative equity and improve operational efficiency to enhance its financial health.

Income Statement

Rubicon Technologies shows improving revenue trends over the years, but the company is still operating at a loss. The TTM data reveals a slight decline in total revenue compared to the previous annual period, with negative EBIT and EBITDA margins indicating ongoing operational challenges. Gross profit margin is low, and net profit margin is negative, highlighting profitability issues.

Balance Sheet

The balance sheet presents significant challenges with negative stockholders' equity, indicating potential insolvency issues. The company's high debt-to-equity ratio, due to negative equity, underscores financial risk. Despite some asset growth, the equity ratio remains negative, and the company is heavily leveraged, posing stability risks.

Cash Flow

The company's cash flow statement reflects ongoing issues with negative operating and free cash flow. Although there is some improvement in free cash flow growth rate from the previous year, the company struggles to generate positive cash flow from operations. The operating cash flow to net income ratio remains unfavorable, suggesting inefficiencies in cash generation.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	679.40M	697.58M	675.39M	583.05M	539.37M	509.40M
Gross Profit	33.74M	49.95M	21.83M	17.25M	22.44M	17.55M
EBITDA	-27.23M	-35.95M	-259.11M	-56.24M	-45.37M	-49.80M
Net Income	-10.14M	-56.94M	-30.15M	-73.15M	-58.58M	-60.44M
Balance Sheet
Total Assets	203.53M	225.43M	204.03M	175.64M	159.90M	182.67M
Cash, Cash Equivalents and Short-Term Investments	1.35M	18.70M	10.08M	10.62M	6.02M	17.67M
Total Debt	148.37M	169.15M	139.35M	109.03M	83.04M	55.06M
Total Liabilities	323.83M	364.40M	358.48M	236.94M	181.09M	145.74M
Stockholders Equity	-126.13M	-172.81M	-303.20M	-61.30M	0.00	0.00
Cash Flow
Free Cash Flow	-56.20M	-67.70M	-132.44M	-63.86M	-32.99M	-66.46M
Operating Cash Flow	-55.84M	-66.89M	-131.04M	-59.86M	-31.48M	-65.15M
Investing Cash Flow	61.79M	-816.00K	-76.12M	-4.00M	-1.51M	-1.31M
Financing Cash Flow	-18.03M	76.32M	206.62M	68.46M	21.34M	72.77M

Rubicon Technologies Technical Analysis

• Last Price: 0.01

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RBTC, the sentiment is undefined. The current price of 0.01 is equal to the 20-day moving average (MA) of ―, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a undefined sentiment for RBTC.

Rubicon Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CREX	54 Neutral	$37.55M	-4.10	-36.46%	―	-18.37%	-1304.71%
LGCL	53 Neutral	$6.12M	0.04	2.46%	―	―	―
SMRT	51 Neutral	$340.56M	-5.04	-25.48%	―	-24.30%	-181.62%
RBTC	46 Neutral	$83.63K	>-0.01	8.04%	―	―	―
NXTT	44 Neutral	$25.80M	<0.01	93.25%	―	259.01%	-61.05%
FRGT	40 Underperform	$2.27M	>-0.01	―	―	-19.53%	92.37%