RiceBran Technologies (PK:RIBT)

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
 
See Regulatory Filings on SEC
Company Contact
Address: 25420 Kuykendahl Road, Suite B300
TOMBALL TX 77375
Tel: 1-646-9718899
Website: https://www.ricebrantech.com
IR: See website
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Key People
Eric Tompkins
Executive Chairman of the Board
William J. Keneally
Interim Chief Financial Officer, Secretary
 
Business Overview
RiceBran Technologies is a specialty ingredient company, which is focused on the development, production and marketing of products derived from traditional and ancient small grains. The Company is engaged in the processing of rice, rice co-products and barley and oat products. The target markets for its products include food and animal nutrition manufacturers and retailers, as well as specialty food, functional food and nutritional supplement manufacturers and retailers, both domestically and internationally. The Company's products include Organic RiBalance, Organic RiSolubles, Organic RiFiber, Organic Pearled Barley and Organic Oat Flakes, Long Grain White Rice, Medium Grain White Rice, Brown Rice, Brokens / Brewers Rice, Rice Hulls, Clean Raw Barley, Hulled Barley, Hulled Barley Meal, Regular Rolled Oats, Thick Oat Flakes, Quick Oat Flakes and other.
Financial Overview
For the fiscal year ended 31 December 2023, RiceBran Technologies revenues decreased 46% to $22.6M. Net loss before extraordinary items increased 9% to $8.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other expense increase of 80% to $330K (expense), G/L on Invest. HFS, Maturity & Trading decrease of 63% to $69K (income).
Employees: 35 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $6.21M as of Dec 31, 2023
Annual revenue (TTM): $22.65M as of Dec 31, 2023
EBITDA (TTM): -$5.26M as of Dec 31, 2023
Net annual income (TTM): -$8.55M as of Dec 31, 2023
Free cash flow (TTM): -$3.11M as of Dec 31, 2023
Net Debt Last Fiscal Year: $4.43M as of Dec 31, 2023
Shares outstanding: 10,002,902 as of Mar 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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