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As used herein the terms Arvana, we, our, and us refer to Arvana Inc., its subsidiary, and its predecessor, unless context indicates otherwise. Any distinct references to Down2Fish refer to Down 2 Fish Charters, LLC., a wholly owned subsidiary of Arvana.
The business is unprofitable at the operating level (-548.22% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 0.5% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$194K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$96K
▼ -0.5% YoY
Net Income (TTM)
-$2M
▲ +66.0% YoY
Op. Margin
-1204.00%
▲ +164.9pp YoY
ROIC
-140.08%
▲ +43.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$63K
▼ -9.6% YoY
Op. Cash Flow (TTM)
-$63K
▼ -15.2% YoY
Net Debt
$0.00
Cash & Equiv.
$0.00
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