Latest revenue
$715
as of 2024-09-30
Latest net income
$-32.2K
as of 2024-09-30
Net margin
-4503.6%
as of 2024-09-30
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.5M
- Enterprise value
- $1.5M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $0.01
- 52-wk low
- $0.00
- Beta
- —
- Shares out
- 407.8M
5-year trend
What this company does
Kisses From Italy operates Italian-themed quick-service restaurants, generating revenue almost entirely from food sales at its cafe locations. Sales have collapsed to roughly $49,000 over nine months from $203,000 a year earlier, with inventory and equipment nearly wiped out, signaling a near-total wind-down of operations. The company carries a $975,000 stockholders' deficit and survives by issuing shares and related-party notes to cover basic expenses, raising serious going-concern risk.
Generated from KITL's filing dated 2024-07-15
Key risks
- Going concern: only $810 cash, $974,517 stockholders' deficit, and $979,922 current liabilities against $5,405 total assets at 9/30/2024.
- Business collapsing: Q3 2024 food sales just $715 vs $26,567 prior year; nine-month sales fell 76% to $49,327 with negative gross margin.
- Severe dilution: shares outstanding grew to 407.75M from 189M in two years via convertible note conversions and equity-line issuances at distressed prices.
Generated from KITL's filing dated 2024-07-15
Profitability
Gross margin
47.8%
4.9%Operating margin
-1576.2%
1138.4%Net margin
-2156.0%
896.0%Return on equity
574.1%
291.6%Return on assets
-5699.5%
6103.8%Leverage
Debt / equity
-1.10×
57.6%Long-term debt / equity
-0.12×
Debt / assets
1092.7%
571.8%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q3 2024 2024-09-30 | $715 | -97.3% | $-32.2K | +98.6% | -4503.6% |
Q2 2024 2024-06-30 | $15.5K | -74.8% | $-31.7K | +97.7% | -204.8% |
Q1 2024 2024-03-31 | $33.1K | — | $-110.1K | — | -332.5% |
Q3 2023 2023-09-30 | $26.6K | — | $-2.2M | — | -8462.9% |
Q2 2023 2023-06-30 | $61.4K | — | $-1.4M | — | -2213.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Retail-Eating & Drinking Places · SIC 5810
Your notes
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Insider activity
No insider transactions on file for KITL in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns KITL
No institutional holdings on file for KITL yet.
Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).
Top questions investors are asking
- 1
Food sales collapsed from $203K to $49K year-over-year and Q3 revenue was just $715—are any restaurants still operating, and what's the going-concern plan?
- 2
With $810 cash, $980K current liabilities, and negative gross profit this quarter, how do you fund operations beyond 30 days without another dilutive raise?
- 3
Share count jumped from 189M to 408M in under two years—what cap on further dilution can you commit to given the convertible notes still outstanding?
Refreshed when KITL files a new report · last from 2024-07-15