See more : JHS Svendgaard Laboratories Limited (JHS.BO) Income Statement Analysis – Financial Results
Complete financial analysis of MineralRite Corporation (RITE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MineralRite Corporation, a leading company in the Other Precious Metals industry within the Basic Materials sector.
- Hawkins Cookers Limited (HAWKINCOOK.BO) Income Statement Analysis – Financial Results
- Vallabh Steels Limited (VALLABHSQ.BO) Income Statement Analysis – Financial Results
- Theralase Technologies Inc. (TLT.V) Income Statement Analysis – Financial Results
- Localiza Rent a Car S.A. (LZRFY) Income Statement Analysis – Financial Results
- RVL Pharmaceuticals plc (RVLP) Income Statement Analysis – Financial Results
MineralRite Corporation (RITE)
About MineralRite Corporation
MineralRite Corporation engages in the acquisition, exploration, and development of mining opportunities in Utah. The company, through its subsidiary, Goldfield International, Inc., manufactures and sells alluvial gold, diamond, and other gem stone recovery equipment; and equipment for environmental clean-up projects, including barges, clarifiers, lead recovery systems, dryers, conveyors, and hoppers, as well as other mechanical equipment. The company was formerly known as Royal Quantum Group, Inc. and changed its name to MineralRite Corporation in October 2012. MineralRite Corporation was incorporated in 1996 and is based in Lindon, Utah.
| Metric | 2023 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 397.20K | 357.94K | 524.83K | 448.56K | 48.27K | 0.00 | 0.00 | 0.00 | 0.00 | 33.84K | 69.00K |
| Cost of Revenue | 11.30K | 358.29K | 315.00K | 495.51K | 388.89K | 36.52K | 476.32K | 145.37K | 0.00 | 0.00 | 21.50K | 0.00 |
| Gross Profit | -11.30K | 38.91K | 42.95K | 29.32K | 59.67K | 11.74K | -476.32K | -145.37K | 0.00 | 0.00 | 12.34K | 69.00K |
| Gross Profit Ratio | 0.00% | 9.80% | 12.00% | 5.59% | 13.30% | 24.33% | 0.00% | 0.00% | 0.00% | 0.00% | 36.46% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 475.95K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 1.59M | 440.32K | 321.85K | 272.25K | 280.72K | 301.19K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 83.27K | 1.59M | 440.32K | 321.85K | 272.25K | 280.72K | 301.19K | 351.62K | 134.87K | 237.24K | 138.89K | 569.84K |
| Other Expenses | 0.00 | 0.00 | 0.00 | -264.20K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 83.27K | 1.59M | 440.32K | 321.85K | 272.25K | 280.72K | 777.14K | 351.62K | 134.87K | 237.24K | 459.50K | 894.20K |
| Cost & Expenses | 94.58K | 1.95M | 755.32K | 817.36K | 661.15K | 317.24K | 777.14K | 351.62K | 134.87K | 237.24K | 481.00K | 894.20K |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 250.00 | 13.00 | 0.00 | 0.00 |
| Interest Expense | 1.04K | 182.09K | 28.52K | 46.88K | 40.58K | 31.49K | 531.66K | 25.58K | 116.30K | 0.00 | 224.00 | 0.00 |
| Depreciation & Amortization | 11.30K | 19.92K | 59.33K | 124.27K | 94.08K | 6.03K | 370.00 | 370.00 | 185.00 | 0.00 | 320.61K | 324.36K |
| EBITDA | -64.45K | -2.74M | -366.16K | -168.26K | -118.51K | -262.95K | -685.19K | -389.18K | -282.42K | -237.23K | -138.89K | -500.84K |
| EBITDA Ratio | 0.00% | -386.07% | -94.44% | -32.06% | -26.42% | -458.06% | 0.00% | 0.00% | 0.00% | 0.00% | 3,581.73% | -725.86% |
| Operating Income | -94.58K | -1.55M | -397.37K | -292.53K | -212.58K | -268.98K | -777.14K | -351.62K | -134.87K | -237.24K | -447.16K | -825.20K |
| Operating Income Ratio | 0.00% | -391.08% | -111.02% | -55.74% | -47.39% | -557.29% | 0.00% | 0.00% | 0.00% | 0.00% | -1,321.42% | -1,195.94% |
| Total Other Income/Expenses | 17.78K | -1.39M | -56.63K | -46.88K | -40.58K | -73.36K | 91.58K | -63.51K | -147.99K | 0.00 | 138.89K | 0.00 |
| Income Before Tax | -76.79K | -2.94M | -454.01K | -339.41K | -253.17K | -310.84K | -685.56K | -389.55K | -282.86K | 0.00 | -1.79M | 0.00 |
| Income Before Tax Ratio | 0.00% | -740.80% | -126.84% | -64.67% | -56.44% | -644.03% | 0.00% | 0.00% | 0.00% | 0.00% | -5,277.13% | 0.00% |
| Income Tax Expense | -4.00 | 769.44K | 28.52K | 46.88K | 40.58K | 73.36K | 440.08K | 63.51K | 264.04K | 169.07K | 1.34M | 0.00 |
| Net Income | -76.79K | -3.53M | -454.01K | -339.41K | -253.17K | -342.34K | -1.22M | -415.13K | -398.91K | -169.07K | -1.79M | -825.20K |
| Net Income Ratio | 0.00% | -888.67% | -126.84% | -64.67% | -56.44% | -709.28% | 0.00% | 0.00% | 0.00% | 0.00% | -5,277.79% | -1,195.94% |
| EPS | 0.00 | -0.06 | -0.06 | -0.33 | -0.25 | -0.35 | -1.41 | -0.55 | -0.58 | -0.32 | -3.55 | -1.66 |
| EPS Diluted | 0.00 | -0.06 | -0.06 | -0.33 | -0.25 | -0.35 | -1.41 | -0.55 | -0.58 | -0.32 | -3.55 | -1.66 |
| Weighted Avg Shares Out | 4.36B | 56.33M | 7.77M | 1.04M | 994.06K | 968.63K | 866.33K | 760.54K | 689.70K | 524.13K | 502.58K | 498.05K |
| Weighted Avg Shares Out (Dil) | 4.36B | 56.33M | 7.77M | 1.04M | 994.06K | 968.63K | 866.33K | 760.54K | 689.70K | 524.13K | 502.58K | 498.05K |
MineralRite Corporation (Symbol RITE) CEO will attend National Investment Bankers Association Meeting
MINERALRITE CORPORATION [Symbol: RITE] Announces Engagement of a PCAOB Auditor
Micro-cap MINERALRITETM CORPORATION [Symbol: RITE] Announces $519,000 in Earnings as part of its YTD Recap
Source: https://incomestatements.info
Category: Stock Reports