Rio2 Limited - RIO.V

RIO.V Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
RIO.V	0	3.1	9.8	-6.9	19.6	91.4	3.1	59.5	3250	-100.0
S&P 500	-0.2	1.9	1.1	5.1	12.5	25.4	38.5	85.3	196.8	34477.5

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Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	RIO.V
name	Rio2 Limited
price	0.67
changes percentage	0
change	0
day low	0.67
day high	0.68
year high	0.77
year low	0.31
market cap	279122670
price avg 50	0.6366
price avg 200	0.58025
exchange	TSXV
volume	139652
avg volume	365850
open	0.68
previous close	0.67
eps	-0.04
pe	-16.75
earnings announcement	2025-05-06T12:00:00.000+0000
shares outstanding	416601000
timestamp	2025-01-24 16:57:18

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 6.7%

Overall Quarterly Financial Health: 53.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	0	0	NaN
gross profit	-2321074.97	-2283428	-1.65
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	5699040	11612678	-50.92
interest income	249430	53685	364.62
interest expense	14746	2186914	-99.33
ebitda	-8828019.37	972444	-1007.82
ebitdaratio	0	0	NaN
operating income	-5699040.21	-13737815	58.52
operating income ratio	0	0	NaN
net income	-12326106	-2303461	-435.11
net income ratio	0	0	NaN
eps	-0.06	-0.01	-603.33

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
revenue	0	0	NaN
gross profit	-304201	-301520	-0.89
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	-304201	1716955	-117.72
interest income	142198	140893	0.93
interest expense	943283	866577	8.85
ebitda	-3827834	-1581326	-142.06
ebitdaratio	0	0	NaN
operating income	-2105447	-2018475	-4.31
operating income ratio	0	0	NaN
net income	-5111488	-2786543	-83.43
net income ratio	0	0	NaN
eps	0	-0.01	100.00

Overall Score of Quarterly Income Statement

0.83 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -0.89%. This indicates a sales profitability decline, which is a negative sign for the company.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 0 million in 2024Q3 from 2 million in 2024Q2 representing a change of -117.72%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to -4 million in 2024Q3 from -2 million in 2024Q2 representing a change of -142.06%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to -2 million in 2024Q3 from -2 million in 2024Q2 representing a change of -4.31%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to -5 million in 2024Q3 from -3 million in 2024Q2 representing a change of -83.43%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0 in 2024Q3 from 0 in 2024Q2 representing a change of 100.0%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	108157778	115060990	-6.00
total liabilities	35122391	33230412	5.69
total equity	73035386	81830578	-10.75
cash and cash equivalents	4539516	4679667	-2.99
short term investments	45889	46000	-0.24
long term investments	0	0	NaN
total current assets	4882300	5501118	-11.25
total non current assets	103275477	109559872	-5.74
total current liabilities	632291	1708896	-63.00
total non current liabilities	34490099	31521516	9.42
common stock	128503337	128530321	-0.02
retained earnings	-63292508	-51088811	-23.89
total debt	464216	713401	-34.93

Overall Score of Annual Balance Sheet

0.2 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 108 million in 2023 from 115 million in 2022 representing a change of -6.0%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 35 million in 2023 from 33 million in 2022 representing a change of 5.69%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 73 million in 2023 from 82 million in 2022 representing a change of -10.75%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 5 million in 2023 from 5 million in 2022 representing a change of -2.99%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 0 million in 2022 representing a change of -0.24%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 5 million in 2023 from 6 million in 2022 representing a change of -11.25%. This indicates a worsen liquidity position.

  Common Stock: Common Stock decreased to 129 in 2023 from 129 in 2022 representing a change of -0.02%. This indicates a decrease in ownership interest.

  Retained Earnings: Retained Earnings decreased to -63 million in 2023 from -51 million in 2022 representing a change of -23.89%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Current Liabilities: Total Current Liabilities decreased to 1 million in 2023 from 2 million in 2022 representing a change of -63.0%. This indicates a lower short-term debt burden.

  Total Debt: Total Debt decreased to 0 million in 2023 from 1 million in 2022 representing a change of -34.93%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
total assets	120038022	120695961	-0.55
total liabilities	41461524	38742494	7.02
total equity	78576498	81953467	-4.12
cash and cash equivalents	14349235	16643313	-13.78
short term investments	46000	46000	0.00
long term investments	0	0	NaN
total current assets	14627030	16948598	-13.70
total non current assets	105410992	103747363	1.60
total current liabilities	840980	678910	23.87
total non current liabilities	40620544	38063584	6.72
common stock	144568972	144593717	-0.02
retained earnings	-72542963	-67431477	-7.58
total debt	345060	376990	-8.47

Overall Score of Quarterly Balance Sheet

0.11 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 120 million in 2024Q3 from 121 million in 2024Q2 representing a change of -0.55%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 41 million in 2024Q3 from 39 million in 2024Q2 representing a change of 7.02%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 79 million in 2024Q3 from 82 million in 2024Q2 representing a change of -4.12%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 14 million in 2024Q3 from 17 million in 2024Q2 representing a change of -13.78%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 15 million in 2024Q3 from 17 million in 2024Q2 representing a change of -13.7%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2024Q3 from 1 million in 2024Q2 representing a change of 23.87%. This indicates a higher short-term debt burden.

  Common Stock: Common Stock decreased to 145 in 2024Q3 from 145 in 2024Q2 representing a change of -0.02%. This indicates a decrease in ownership interest.

  Retained Earnings: Retained Earnings decreased to -73 million in 2024Q3 from -67 million in 2024Q2 representing a change of -7.58%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Debt: Total Debt decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -8.47%. This indicates a reduction in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-231.05	-16665619	100.00
operating cash flow	-330.43	-3865987	99.99
free cash flow	-2273.38	-35470581	99.99
capital expenditure	-1942.94	-31604594	99.99
depreciation and amortization	2278.57	2503657	-99.91
deferred income tax	0	0	NaN
stock based compensation	1279.42	1710366	-99.93
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-1942.94	-31604594	99.99
net cash used for investing activites	-1942.94	-31604594	99.99
debt repayment	0	-264484	100.00
common stock issued	0	1492231	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-183476.7	25881752	-100.71
cash at end of period	4539.52	4679667	-99.90
accounts receivables	249.96	-250565	100.10
cash at beginning of period	4770.56	21345286	-99.98

Overall Score of Annual Cashflow Statement

None

Detailed Analysis

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
operating cash flow	-1492817	-3924164	61.96
free cash flow	-2392956	-4359490	45.11
capital expenditure	-900139	-435326	-106.77
depreciation and amortization	340371	338640	0.51
deferred income tax	0	0	NaN
stock based compensation	115087	111636	3.09
accounts receivables	-996256	79844	-1347.75
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-900139	-435326	-106.77
net cash used for investing activites	-900139	-435326	-106.77
debt repayment	-38468	-39478	2.56
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-63213	15628681	-100.40
net change in cash	-2294078	14079009	-116.29
cash at end of period	14349235	16643313	-13.78
cash at beginning of period	16643313	2564304	549.04

Overall Score of Quarterly Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -2 million in 2024Q3 from 14 million in 2024Q2 representing a change of -116.29%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 3.09%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to -1 million in 2024Q3 from -4 million in 2024Q2 representing a change of 61.96%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to -2 million in 2024Q3 from -4 million in 2024Q2 representing a change of 45.11%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -1 million in 2024Q3 from 0 million in 2024Q2 representing a change of -106.77%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Receivables: Accounts Receivables decreased to -1 million in 2024Q3 from 0 million in 2024Q2 representing a change of -1347.75%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0	0	NaN
net income per share	-0.05	-0.01	-431.71
operating cash flow per share	-0.0	-0.02	99.99
free cash flow per share	-0.0	-0.14	99.99
cash per share	0.02	0.02	-3.59
book value per share	0.28	0.32	-11.32
tangible book value per share	0.28	0.32	-11.32
shareholders equity per share	0.28	0.32	-11.32
interest debt per share	0.0	0.01	-83.59
market cap	77948865.85	37893836.03	105.70
enterprise value	73873565.85	33927570.03	117.74
pe ratio	-6.32	-16.45	61.56
price to sales ratio	0	0	NaN
pocfratio	-235901.3	-9.8	-2406601.05
pfcf ratio	-34287.65	-1.07	-3209400.86
pb ratio	1.07	0.46	130.47
ptb ratio	1.07	0.46	130.47
ev to sales	0	0	NaN
enterprise value over ebitda	-8.37	34.89	-123.98
ev to operating cash flow	-223567.97	-8.78	-2547417.79
ev to free cash flow	-32495.04	-0.96	-3397189.64
earnings yield	-0.16	-0.06	-160.14
free cash flow yield	-0.0	-0.94	100.00
debt to equity	0.01	0.01	-27.09
debt to assets	0.0	0.01	-30.78
net debt to ebitda	0.46	-4.08	111.32
current ratio	7.72	3.22	139.87
interest coverage	-386.48	-6.28	-6052.36
income quality	0.03	1.68	-98.40
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.0	0	NaN
capex to operating cash flow	-5.88	-8.18	28.07
capex to revenue	0	0	NaN
capex to depreciation	0.85	12.62	-93.25
stock based compensation to revenue	0	0	NaN
graham number	0.55	0.25	117.15
roic	-0.05	-0.12	56.44
return on tangible assets	-0.11	-0.02	-469.29
graham net net	-0.12	-0.11	-6.89
working capital	4250009	3792222	12.07
tangible asset value	73030901.77	81830578	-10.75
net current asset value	-30240091	-27729294	-9.05
invested capital	96976542.23	96877211	0.10
average receivables	37626.95	208639.5	-81.97
average payables	793501	2050155.5	-61.30
average inventory	-72999.62	-267184.5	72.68
days sales outstanding	0	0	NaN
days payables outstanding	39.58	213.44	-81.46
days of inventory on hand	0.0	-23.34	100.00
receivables turnover	0	0	NaN
payables turnover	9.22	1.71	439.24
inventory turnover	3082722.17	-15.64	19710703.36
roe	-0.17	-0.03	-499.55
capex per share	0.0	0.12	-99.99

• Negative

  ROE: Return on Equity (ROE) decreased to -0.17 on 2023-12-31 from -0.03 on 2022-12-31, representing a change of -499.55%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio increased to 7.72 on 2023-12-31 from 3.22 on 2022-12-31, representing a change of 139.87%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -6.32 on 2023-12-31 from -16.45 on 2022-12-31, representing a change of 61.56%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.01 on 2023-12-31 from 0.01 on 2022-12-31, representing a change of -27.09%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
RIO.V
calendar year	2024	2024	NaN
revenue per share	0	0	NaN
net income per share	0	-0.01	100.00
operating cash flow per share	0	-0.01	100.00
free cash flow per share	0	-0.01	100.00
cash per share	0	0.05	-100.00
book value per share	0	0.27	-100.00
tangible book value per share	0	0.27	-100.00
shareholders equity per share	0	0.27	-100.00
interest debt per share	0	0.0	-100.00
market cap	0	109337566.37	-100.00
enterprise value	-14004175	93071243.37	-115.05
pe ratio	0	-9.81	100.00
price to sales ratio	0	0	NaN
pocfratio	0	-27.86	100.00
pfcf ratio	0	-25.08	100.00
pb ratio	0	1.33	-100.00
ptb ratio	0	1.33	-100.00
ev to sales	0	0	NaN
enterprise value over ebitda	3.66	-58.86	106.22
ev to operating cash flow	9.38	-23.72	139.55
ev to free cash flow	5.85	-21.35	127.41
earnings yield	None	-0.03	NaN
free cash flow yield	0	-0.04	100.00
debt to equity	0.0	0.0	-4.54
debt to assets	0.0	0.0	-7.97
net debt to ebitda	3.66	10.29	-64.43
current ratio	17.39	24.96	-30.33
interest coverage	-2.23	-2.33	4.17
income quality	0.29	1.41	-79.26
dividend yield	None	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.6	-0.11	-443.55
capex to revenue	0	0	NaN
capex to depreciation	2.64	1.29	105.72
stock based compensation to revenue	0	0	NaN
graham number	0	0.23	-100.00
roic	-0.02	-0.02	-5.02
return on tangible assets	-0.04	-0.02	-84.44
graham net net	0	-0.07	100.00
working capital	13786050	16269688	-15.27
tangible asset value	78576498	81953467	-4.12
net current asset value	-26834494	-21793896	-23.13
invested capital	107864025	109732663	-1.70
average receivables	37690.5	75970	-50.39
average payables	0	181221.5	-100.00
average inventory	0	-42220	100.00
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	-0.07	-0.03	-91.32
capex per share	0	0.0	-100.00

• Negative

  ROE: Return on Equity (ROE) decreased to -0.07 on 2024-09-30 Q3 from -0.03 on 2024-06-30 Q2, representing a change of -91.32%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 17.39 on 2024-09-30 Q3 from 24.96 on 2024-06-30 Q2, representing a change of -30.33%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 0.00 on 2024-09-30 Q3 from -9.81 on 2024-06-30 Q2, representing a change of 100.00%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-09-30 Q3 from 0.00 on 2024-06-30 Q2, representing a change of -4.54%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.02 which is lower than current price 0.67, indicates the company may be overvalued.