KITLOTCRetail-Eating & Drinking PlacesFiscal year ends December 31
Kisses From Italy Inc.
Financials through Q3 FY2024, quarter ended Sep 30, 2024Last filing: 10-Q on Dec 31, 2024
$0.00+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $398.22K
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2023
Gross margin
47.8%−5.1 pts over 5 years
Operating margin
-1576.2%−1495.9 pts over 5 years
Net margin
-2156.0%−2055.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2023
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -42.3% | -24.0% | -12.7% | – | |
| Gross profit | -39.5% | -35.4% | -14.4% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2018 | FY2023 | Trend |
|---|---|---|---|---|
| Return on equity | – | 195.3% | 683.0% | |
| Return on assets | – | -299.5% | -966.7% | |
| Current ratio | – | 0.11 | 0.05 | |
| Debt to equity | – | – | -0.12 | |
| Net debt to EBITDA | – | – | -0.02× | |
| Inventory turnover | – | – | 9.0× | |
| Capex to revenue | – | 0.0% | 0.0% | |
| Diluted shares | – | 82M | 257M |
Where the cash went
Fiscal 2019 to 2023, five years combined
Kisses From Italy generated $2.46M from operations and spent $55.97K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$2.46M
Used
$55.97K
Capital expenditure$55.97K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2156.0%
×Asset turnover0.45×
×Equity multiplier-0.71×
=Return on equity, FY2023683.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | -2156.0% | 0.45× | -0.71× | 683.0% |
| FY2022 | -216.5% | 0.69× | -2.06× | 306.5% |
| FY2021 | -1233.5% | 2.89× | -2.23× | 7949.5% |
| FY2020 | -721.6% | 6.50× | -0.55× | 2602.4% |
| FY2019 | -668.3% | 4.41× | -0.39× | 1141.0% |
| FY2018 | -100.2% | 2.99× | -0.65× | 195.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2023 against fiscal 2022
2of 9 tests passed in fiscal 2023. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$4.87M
- Cash generatingOperating cash flow above zero-$835.05K
- Return on assets improvedROA up on the prior year-394.8% → -528.2%
- Earnings backed by cashOperating cash flow above net income-$835.05K vs -$4.87M
- Less leverageLong-term debt to assets fell0.0% → 119.9%
- Better liquidityCurrent ratio rose0.36 → 0.05
- No dilutionShare count did not rise185M → 257M
- Gross margin improvedGross margin up on the prior year45.56% → 47.77%
- More efficientAsset turnover rose1.82 → 0.24