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BALCAO · RETAIL-EATING & DRINKING PLACES · SMALL CAP

Kisses From Italy Inc. KITL

7 fiscal years on record · USD · FY2023 reported · SEC filings only
$225,953
▼ 42.3% YoY
$-4.9M
$-835,051

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The Company's main focus is to develop a fast, casual food dining chain restaurant business of corporate-owned restaurants and expanding through a nationwide/international franchise and territory sales program. The Company commenced operations in May 2015 by opening its first location in Fort Lauderdale, Florida, which is the only operating restaurant as of the date of this Annual Report. The Company opened its European location in Ceglie del Campo, Bari, Italy, in October 2019. In June 2020, the Company entered into a multi-unit development agreement pursuant to which it granted development rights to Demasar Management, Inc. to open and operate up to 100 restaurants in Canada.

Written from the business description in Kisses From Italy Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 July 2024. Every sentence was checked against that document before publication.

Growth

USD 225,953.00
Revenue, FY2023 · full 7-year series below
Revenue $M Net income $M
FY2023 · Revenue 0.2 · Net income -4.9
0.3M0.6M-2.0M-4.0M
201720202023
Compound annual growth
−24.0%
−12.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −12.7% a year over the five years to FY2023.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
Operating margin Net margin
FY2023 · Operating -1576.2% · Net ·
-500%-1000%-1500%
201720202023
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2023 · dividends + net buybacks
Free cash flow $
FY2023 · FCF -835051.0
-300000-600000
201720202023

Total assetsUSD 85,473.00
EquityUSD -848,528.00
CashUSD 24,842.00
Gross debtUSD 352,497.00
Net debtUSD 327,655.00
Current ratio0.05×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 7-year record

7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
KITL, 7-year financial record
Metric 2023202220212020201920182017
Revenue $B0.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.020.00−0.03−0.03−0.03−0.01−0.01
Dividend / sh $◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————
ROE % — not applicable: negative equity———————
Shares out B0.340.190.180.150.130.080.08

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 34 reconciliationsAUDITED

Reconciled in 7 of the 7 fiscal years we could check. 20 checks were skipped: the balance sheet is not tagged before 2017. 10 checks were skipped: EPS is not tagged before 2017. 10 checks were skipped: revenue is not tagged before 2017.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRetail-Eating & Drinking Places
Listed onOTC market
Incorporated inFlorida
Fiscal year endsDecember 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2017

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