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Nightfood Holdings, Inc. dba TechForce Robotics, Inc. ( Nightfood Holdings, together with its wholly-owned subsidiaries, we , us , NGTF , the Company or Nightfood ) was incorporated on October 16, 2013, in the State of Nevada in connection with a reorganization of Nightfood, Inc., incorporated on January 14, 2010 as a New York corporation, whereby it became the first wholly-owned subsidiary of …
The business is unprofitable at the operating level (-942.82% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 440.2%, still solid. Margins contracted 145.2pp, which offsets some of the top-line progress.
ROIC dropped from -32.68% to -51.16%, capital efficiency is deteriorating. Negative free cash flow of -$2M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$6M
▲ +440.2% YoY
Net Income (TTM)
-$18M
▼ -150.8% YoY
Op. Margin
-202.36%
▼ -145.2pp YoY
ROIC
-16.55%
▼ -18.5pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-$2M
Op. Cash Flow (TTM)
-$6M
▼ -130.2% YoY
Net Debt
$7M
Cash & Equiv.
$350K
5Y CAGR: -7.2%
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