RiceBran Technologies Stock Research

Market Summary

USD0.86+0.03

Market Closed

3.65%

RIBT Stock Price

RIBT RSI Chart

RIBT Valuation

Market Cap

5.4M

Price/Earnings (Trailing)

-0.69

Price/Sales (Trailing)

0.13

EV/EBITDA

-0.29

Price/Free Cashflow

-1.2

RIBT Price/Sales (Trailing)

RIBT Profitability

EBT Margin

-29.56%

Return on Equity

-87.73%

Return on Assets

-38.47%

Free Cashflow Yield

-83.4%

RIBT Fundamentals

RIBT Revenue

Revenue (TTM)

41.6M

Revenue Y/Y

31.99%

Revenue Q/Q

3.55%

RIBT Earnings

Earnings (TTM)

-7.9M

Earnings Y/Y

68.93%

Earnings Q/Q

17.78%

Price Action

52 Week Range

0.273.27

(Low)(High)

Last 7 days

-3.2%

Last 30 days

-23.1%

Last 90 days

-30.3%

Trailing 12 Months

23.7%

RIBT Financial Health

Current Ratio

0.92

Debt/Equity

0.15

Debt/Cashflow

-3.1

RIBT Investor Care

Shares Dilution (1Y)

22.30%

Diluted EPS (TTM)

-1.42

Peers (Alternatives to RiceBran Tech)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GIS	47.8B	20.0B	-6.05%	20.83%	16.42	2.47	7.14%	21.75%
ADM	38.9B	102.0B	-8.52%	-18.52%	8.72	0.38	13.30%	44.96%
K	23.1B	15.7B	-4.82%	-4.07%	24.02	1.51	10.00%	-45.78%
HRL	20.9B	12.4B	-5.22%	-20.30%	21.37	1.69	3.48%	5.62%
LW	16.0B	4.8B	-2.26%	61.67%	29.54	3.33	21.64%	131.27%
MID-CAP
INGR	6.9B	8.2B	-0.39%	13.57%	14.01	0.87	14.21%	12.17%
PPC	5.3B	17.4B	-1.18%	-32.90%	11.16	0.3	10.47%	122.83%
POST	5.0B	6.1B	-7.26%	1.13%	5.75	0.82	18.23%	1243.59%
FRPT	2.9B	630.7M	-8.12%	-13.23%	-43.08	4.56	35.85%	-83.58%
SMALL-CAP
BRID	108.2M	263.4M	-6.01%	-2.42%	2.37	0.41	5.45%	786.05%
LWAY	103.6M	145.4M	-0.17%	9.29%	39.13	0.71	17.44%	138.65%
PLAG	39.2M	-	9.24%	-35.24%	-1.52	0.88	18.50%	-164.64%
RMCF	32.0M	33.1M	-3.26%	-20.60%	-5.64	1.05	-5.91%	-1562.52%
RIBT	5.4M	41.6M	-23.12%	23.72%	-0.69	0.13	33.68%	12.19%

Financials for RiceBran Tech

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	6.6%	41,617,000	39,044,000	35,701,000	33,085,000	31,131,000
Gross Profit	2.6%	-759,000	-779,000	-358,000	272,000	442,000
S&GA Expenses	-1.3%	6,690,000	6,776,000	6,813,000	7,038,000	7,087,000
EBITDA	1.5%	-8,886,000	-9,023,000	-8,258,000	-6,068,000	-
EBITDA Margin	10.0%	-0.23	-0.25	-0.25	-0.19	-
Earnings Before Taxes	32.1%	-7,839,000	-11,543,000	-11,722,000	-11,036,000	-8,928,000
EBT Margin	10.0%	-0.30	-0.33	-0.33	-0.29	-
Interest Expenses	13.0%	572,000	506,000	475,000	477,000	463,000
Net Income	32.2%	-7,858,000	-11,583,000	-11,754,000	-11,056,000	-8,949,000
Net Income Margin	9.9%	-0.30	-0.33	-0.33	-0.29	-
Free Cahsflow	-15.3%	-6,736,000	-5,841,000	-5,279,000	-5,638,000	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-8.9%	27.00	30.00	30.00	31.00	31.00
Current Assets	-16.2%	11.00	13.00	13.00	14.00	13.00
Cash Equivalents	-10.8%	4.00	4.00	5.00	6.00	6.00
Inventory	-11.5%	2.00	3.00	2.00	2.00	2.00
Net PPE	-2.9%	14.00	15.00	15.00	15.00	15.00
Goodwill	-	-	-	-	-	-
Liabilities	-14.1%	15.00	17.00	15.00	14.00	13.00
Current Liabilities	-20.8%	11.00	14.00	12.00	11.00	9.00
Long Term Debt	-13.0%	2.00	2.00	3.00	-	-
LT Debt, Current	-25.3%	1.00	1.00	1.00	1.00	1.00
LT Debt, Non Current	255.1%	1.00	0.00	1.00	1.00	1.00
Shareholder's Equity	-2.2%	13.00	13.00	15.00	17.00	18.00
Retained Earnings	-0.5%	-315	-314	-312	-309	-307
Accumulated Depreciation	-0.8%	14.00	14.00	13.00	-	-
Shares Outstanding	20.4%	6.00	5.00	5.00	5.00	5.00

Cashflow (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	35.2%	-3,936	-6,072	-4,520	-4,007	-4,198
Share Based Compensation	9.1%	1,286	1,179	977	1,125	1,132
Cashflow From Investing	17.6%	-454	-551	-833	-521	-798
Cashflow From Financing	-47.9%	2,506	4,809	6,467	4,978	5,558

Risks for RIBT

What is the probability of a big loss on RIBT?

94.6%

Probability that RiceBran Tech stock will be more than 20% underwater in next one year

78.1%

Probability that RiceBran Tech stock will be more than 30% underwater in next one year.

68.8%

Probability that RiceBran Tech stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RIBT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if RiceBran Tech was unfortunately bought at previous high price.

Drawdowns

Returns for RIBT

Cumulative Returns on RIBT

-25.2%

10-Year Cumulative Returns

-8.7%

7-Year Cumulative Returns

-12.7%

5-Year Cumulative Returns

-9.8%

3-Year Cumulative Returns

What are the long-term rolling returns for RIBT?

FIve years rolling returns for RiceBran Tech.

Annualized Returns

Which funds bought or sold RIBT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-16	JANE STREET GROUP, LLC	sold off	-100	-15,427	-	-%
2023-05-16	Ancora Advisors, LLC	new	-	93.00	93.00	-%
2023-05-15	GEODE CAPITAL MANAGEMENT, LLC	unchanged	-	6,447	31,447	-%
2023-05-15	VANGUARD GROUP INC	reduced	-62.17	-67,575	60,473	-%
2023-05-15	Royal Bank of Canada	sold off	-100	-	-	-%
2023-05-15	TWO SIGMA SECURITIES, LLC	sold off	-100	-9,287	-	-%
2023-05-15	SABBY MANAGEMENT, LLC	sold off	-100	-212,146,000	-	-%
2023-05-15	PNC Financial Services Group, Inc.	sold off	-100	-14.00	-	-%
2023-05-15	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
2023-05-15	MORGAN STANLEY	reduced	-3.85	24.00	140	-%

Latest Funds Activity

Are funds buying RIBT calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own RIBT

No. of Funds

RiceBran Tech News

Schedule 13G FIlings of RiceBran Tech

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 27, 2022	continental grain co	2.9%	1,500,000	SC 13D/A
May 26, 2022	continental grain co	4.5%	2,335,000	SC 13D/A
May 17, 2022	continental grain co	10.2%	5,340,161	SC 13D/A
May 12, 2022	continental grain co	12.6%	6,597,414	SC 13D/A
May 04, 2022	continental grain co	17.6%	9,117,414	SC 13D/A
Apr 01, 2022	continental grain co	17.8%	9,226,068	SC 13D/A
Mar 30, 2022	continental grain co	19.4%	10,063,729	SC 13D/A
Feb 11, 2022	roumell asset management, llc	2.8%	1,414,923	SC 13G/A
Feb 12, 2021	bleichroeder lp	4.17%	1,703,334	SC 13G/A
Feb 12, 2021	roumell asset management, llc	9.3%	3,897,398	SC 13G

RIBT Fair Value

Show Fair-Value

Recent SEC filings of RiceBran Tech

View All Filings

Date Filed	Form Type	Document
May 17, 2023	4	Insider Trading
May 11, 2023	10-Q	Quarterly Report
May 11, 2023	8-K	Current Report
May 05, 2023	EFFECT	EFFECT
May 01, 2023	S-1/A	Initial Public Offering
Apr 25, 2023	3	Insider Trading
Apr 14, 2023	10-K/A	Annual Report
Apr 11, 2023	8-K	Current Report
Apr 03, 2023	4	Insider Trading
Apr 03, 2023	4	Insider Trading

Latest Insider Trading transactions for RIBT

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-04	Mitchell Todd T	acquired	-	-	9,146	cfo & coo
2023-03-04	Bradley Peter	acquired	-	-	18,293	cfo & coo
2023-02-26	Bradley Peter	acquired	-	-	7,812	executive chairman
2023-02-26	Mitchell Todd T	acquired	-	-	3,907	cfo & coo
2022-12-15	Mitchell Todd T	acquired	-	-	20,000	cfo & coo
2022-12-09	Mitchell Todd T	acquired	-	-	16,250	cfo & coo
2022-05-24	CONTINENTAL GRAIN CO	sold	-911,987	0.7198	-1,267,000	-
2022-05-23	CONTINENTAL GRAIN CO	sold	-384,886	0.7262	-530,000	-
2022-05-16	CONTINENTAL GRAIN CO	sold	-89,505	0.5967	-150,000	-
2022-05-13	CONTINENTAL GRAIN CO	sold	-130,776	0.5449	-240,000	-

About RiceBran Tech

Peter G. Bradley

www.ricebrantech.com

100

RiceBran Technologies, together with its subsidiaries, operates as a specialty ingredient company. It focuses on producing, processing, and marketing of value-added healthy, natural, and nutrient dense products derived from rice and other small grains. The company converts raw rice bran into stabilized rice bran (SRB) and high value derivative products, including RiBalance, a complete rice bran nutritional package derived from further processing of SRB; RiSolubles, a nutritious carbohydrate and lipid rich fraction of RiBalance; RiFiber, a protein and fiber rich insoluble derivative of RiBalance; and ProRyza products, which includes derivatives composed of protein and protein/fiber blends. Its SRB and derivative products are nutritional and beneficial food products that contain a combination of oil, protein, carbohydrates, vitamins, minerals, fibers, and antioxidants that enhance the nutritional value of consumer products. The company's SRB products are also marketed as feed ingredients in the animal nutrition markets. It serves food and animal nutrition manufacturers, wholesalers, and retailers in the United States and internationally. The company was formerly known as NutraCea and changed its name to RiceBran Technologies in October 2012. RiceBran Technologies was founded in 2000 and is headquartered in Tomball, Texas.

RIBT Income Statement

2023-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues	$ 9,269	$ 10,559
Cost of goods sold	9,551	10,057
Gross profit (loss)	(282)	502
Selling, general and administrative expenses	1,731	1,692
Operating loss	(2,013)	(1,190)
Other income (expense):
Interest income	19	1
Interest expense	(196)	(126)
Change in fair value of derivative warrant liability	(28)	(171)
Other expense	(60)	(34)
Other income	256	4
Loss before income taxes	(2,022)	(1,516)
Income tax expense	(6)	0
Net loss	$ (2,028)	$ (1,516)
Loss per common share:
Basic (in dollars per share)	$ (0.31)	$ (0.29)
Diluted (in dollars per share)	$ (0.31)	$ (0.29)
Weighted average number of shares outstanding:
Basic (in shares)	6,567,978	5,252,996
Diluted (in shares)	6,567,978	5,252,996

RIBT Balance Sheet

2023-03-31

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 3,412	$ 3,941
Accounts receivable, net of allowance for credit losses of $8 and $27	3,337	3,703
Inventories	2,562	2,378
Other current assets	989	1,046
Total current assets	10,300	11,068
Property and equipment, net	14,214	14,207
Operating lease right-of-use assets	1,686	1,778
Intangible assets	351	380
Total assets	26,551	27,433
Current liabilities:
Accounts payable	1,869	1,232
Commodities payable	1,818	1,546
Accrued salary, wages and benefits	926	696
Accrued legal	625	595
Accrued expenses	333	529
Operating lease liabilities, current portion	364	391
Due under line of credit	2,801	3,150
Due under insurance premium finance agreements	207	185
Finance lease liabilities, current portion	160	125
Long-term debt, current portion	1,192	996
Total current liabilities	12,163	11,277
Operating lease liabilities, less current portion	1,430	1,557
Finance lease liabilities, less current portion	504	325
Long-term debt, less current portion	1,152	1,296
Derivative warrant liability	97	69
Total liabilities	15,346	14,524
Commitments and contingencies
Shareholders' equity:
Common stock, no par value, 15,000,000 shares authorized, 6,384,934 shares and 6,309,509 shares, issued and outstanding	328,875	328,551
Accumulated deficit	(317,745)	(315,717)
Total shareholders' equity	11,205	12,909
Total liabilities and shareholders' equity	26,551	27,433
Series G Preferred Stock [Member]
Shareholders' equity:
Preferred stock, 20,000,000 shares authorized: Series G, convertible, 3,000 shares authorized, stated value $150, 150 shares, issued and outstanding	75	75
Line of Credit With Bank [Member]
Current liabilities:
Due under line of credit	$ 1,868	$ 1,832