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References to Kustom Entertainment, the Company, we, us and our refer to Kustom Entertainment, Inc. Overview We were incorporated in Nevada on December 13, 2000 as Vegas Petra, Inc.
The business is unprofitable at the operating level (-79.12% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue growth slowed to 1.7%, essentially flat. This is a business that needs a catalyst.
ROIC dropped from -59.89% to -133.30%, capital efficiency is deteriorating. Negative free cash flow of -$9M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$15M
▲ +1.7% YoY
Net Income (TTM)
-$17M
▲ +66.4% YoY
Op. Margin
-74.93%
▲ +5.1pp YoY
ROIC
-113.10%
▼ -73.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$4M
▼ -68.5% YoY
Op. Cash Flow (TTM)
-$4M
▼ -64.4% YoY
Net Debt
$452K
Cash & Equiv.
$1M
5Y CAGR: +5.5%
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