/
Rubber Leaf Inc (the Company ) was incorporated under the laws of the State of Nevada on May 18, 2021. On May 27, 2021, the Company entered into the Share Exchange Agreement with Xingxiu Hua, the Chief Executive Officer, President and Chairperson of the Company, pursuant to which the Company issued 40,000,000 shares of common stock to Ms.
The business is unprofitable at the operating level (-38.28% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 29.2% YoY. Margins deteriorated 30.5pp alongside, both lines moving the wrong way.
Operating margin contracted 30.5pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (FY)
$5M
▼ -29.2% YoY
Net Income (TTM)
$3M
▲ +230.1% YoY
Op. Margin
-38.28%
▼ -30.5pp YoY
ROIC
-607.79%
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$159K
▲ +69.7% YoY
Net Debt
-$3K
Net Cash Position
Cash & Equiv.
$3K
3Y CAGR: -22.8%
Continue Research