NetBrands Corp. financial data

Symbol
NBND on OTC
Industry
Bakery Products
Location
4042 Austin Boulevard, Suite B, Island Park, NY
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Global Diversified Marketing Group Inc. (to 3/23/2023), Dense Forest Acquisition Corp (to 5/15/2018)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 3.65 % -90.1%
Quick Ratio 7.51 % -81.6%
Debt-to-equity -109 % +44.5%
Return On Equity 80.8 % -45.5%
Return On Assets -873 % -470%
Operating Margin -142 % -119%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.1M shares +19%
Common Stock, Shares, Outstanding 20.1M shares +24.6%
Entity Public Float 185K USD -3.12%
Common Stock, Value, Issued 2.01K USD +24.6%
Weighted Average Number of Shares Outstanding, Basic 20.1M shares +25.4%
Weighted Average Number of Shares Outstanding, Diluted 20.1M shares +25.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 645K USD -60.8%
Cost of Revenue 480K USD -61.2%
Operating Income (Loss) -1.06M USD +11.3%
Nonoperating Income (Expense) -536K USD -358%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.6M USD -21.7%
Net Income (Loss) Attributable to Parent -1.6M USD -21.7%
Earnings Per Share, Basic -0.09 USD/shares 0%
Earnings Per Share, Diluted -0.09 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 821 USD -85.5%
Accounts Receivable, after Allowance for Credit Loss, Current 5.17K USD -89%
Inventory, Net 6.11K USD -97.4%
Other Assets, Current 999 USD -73.8%
Assets, Current 6.99K USD -96.8%
Property, Plant and Equipment, Net 277 USD -66.7%
Operating Lease, Right-of-Use Asset 0 USD -100%
Other Assets, Noncurrent 1.6K USD 0%
Assets 8.59K USD -98.8%
Liabilities, Current 1.76M USD +53.2%
Operating Lease, Liability, Noncurrent 0 USD -100%
Liabilities 2.26M USD +9.59%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.9K USD 0%
Retained Earnings (Accumulated Deficit) -30.9M USD -5.37%
Stockholders' Equity Attributable to Parent -2.26M USD -70.2%
Liabilities and Equity 8.59K USD -98.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -143K USD +29.3%
Net Cash Provided by (Used in) Financing Activities 184K USD +17.5%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 20.1M shares +24.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -46K USD +80.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.08K USD -59.7%
Depreciation 277 USD +99.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.09M USD +9.89%
Lessee, Operating Lease, Liability, to be Paid 694K USD +571%
Operating Lease, Liability, Current 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Two 21.8K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 21.1K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 22.4K USD
Preferred Stock, Shares Issued 1K shares 0%
Preferred Stock, Shares Authorized 20M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 17.2K USD
Additional Paid in Capital 28.7M USD +2.31%
Preferred Stock, Shares Outstanding 1K shares 0%
Share-based Payment Arrangement, Expense 4.52K USD -99.1%
Interest Expense 607K USD +1219%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%