RTB Digital, Inc.

RTB Technology Software Application

RTB Digital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.1 million, down 38.7% from fiscal 2024.

Revenue
+350.3%
EPS
+95.6%
Free cash flow
−123.9%
Total debt
+146.2%

Quarter to June 2026, against a year earlier

6.08 0.13 +2.18%
Market cap
$83.4M
P/E
0.0×
Fwd P/E
9.6×
Dividend yield
—
F-score
4/9
Altman Z
−9.69
Beneish M
−1.16
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.29
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — 2 — —
Sell — — — — — — — — — — — —
Insider Ownership 57.72%

Capital & Financial Ratios $m

Size
Market Cap 83.35
Revenue ttm 12.71
Net income ttm (19.23)
Free cash flow ttm (28.27)
Net debt Q (9.23)
Valuation
P/E 0.00
Forward P/E 9.64
Price / sales 3.74
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.57
Financial health
Current ratio Q 1.37
Debt / equity Q 0.05 (at or below 0.5: strong)
Interest coverage Q (507.17)
Growth
Revenue growth Q +350.29% (above 0%: growing)
Operating income growth Q −1,333.55% (below 0%: shrinking)
EPS, this year +70.57% (at or above 15%: strong)
EPS, next year A +109.38% (at or above 15%: strong)
Revenue, next year A +753.47% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 68.66%
10-year low 10-year high
P/B against its own 10 years 43.94%
10-year low 10-year high
EV/Sales against its own 10 years 59.79%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 86 92 7 11
Receivables 1 1 1 1
Inventory — — — —
Other — — 2 0
90 95 11 15
2023 2024 2025 Q'26
Payables 2 4 2 5
ST’ Debt — — — —
Other 77 91 0 0
86 104 10 11

Compound Annual Growth %

10y 5y 3y
Sales 14.84% 5.48% (30.33%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 133.26% 0.00%

EPS $

Mar Jun Sep Dec Year
’26 (2.67) (1.24) — — —
’25 (11.54) (27.86) (2.45) (4.26) (29.33)
’24 (15.73) (65.73) (26.57) (32.22) (140.25)
’23 (52.45) (80.42) (20.98) (189.86) (353.50)
’22 (252.76) 83.92 (111.89) (111.89) (377.62)
’21 (132.87) (0.45) (48.95) (118.78) (302.98)
’20 (63.22) 59.62 (5.81) (49.22) (59.44)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 3 2 — — —
’25 3 1 3 5 11
’24 10 3 3 3 18
’23 11 15 17 22 66
’22 4 7 11 11 33
’21 5 6 8 7 26
’20 0 2 3 3 9
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (3) — — —
’25 (16) 15 (6) (17) (23)
’24 16 (13) 16 2 21
’23 16 7 4 6 33
’22 (14) 18 (15) 3 (9)
’21 (11) (2) 0 (13) (27)
’20 0 0 (1) (4) (4)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (4) — — —
’25 (17) 16 (7) (17) (24)
’24 16 (13) 16 1 19
’23 16 7 4 8 36
’22 (15) 17 (15) 3 (10)
’21 (11) (5) 0 (13) (27)
’20 0 0 (1) (4) (4)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2 — 1 10 9 26 33 66 18 11 13 +23.1% 95 — — +753.5%
Gross margin, % 52.36 — 26.38 (10.88) 43.39 61.72 48.99 39.04 40.71 47.68 44.40 (4.7) pt
EBT 0 — (2) (5) (5) (35) (49) (53) (33) (16) (23) n/m
EBT margin, % 5.53 — (207.87) (46.83) (58.74) (134.08) (149.64) (80.18) (180.30) (141.37) (179.08) (146.9) pt
Net income 0 0 (2) (5) (5) (26) (49) (53) (27) (18) (19) n/m
Per share, $
Per share, $ Revenue 248.62 0.00 21.53 125.04 99.82 225.98 252.56 438.54 94.92 18.63 1.64 (25.0%)
Earnings 8.40 12.99 (44.79) (58.24) (59.44) (302.98) (377.62) (353.50) (137.77) (29.33) (10.62) n/m
Cash flow 4.33 67.72 (37.87) (1.96) (48.72) (233.38) (71.71) 220.78 110.77 (38.56) (3.56) n/m
Capex (0.54) 0.00 (0.74) (0.62) (0.08) (1.37) (5.08) 16.72 (9.45) (2.34) (0.09) +17.8%
Free cash flow 3.80 67.72 (38.61) (2.58) (48.80) (234.75) (76.79) 237.50 101.32 (40.90) (3.66) n/m
Book value (88.97) (76.00) (21.73) (67.09) 4.51 253.16 (14.76) 156.40 (7.80) 44.52 3.92 n/m
Shares, m 0 0 0 0 0 0 0 0 0 1 3 +64.2%
Valuation, ×
Valuation, × P/E 5.00 — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.6
P/S 0.17 — 23.32 1.68 22.93 6.51 0.67 0.35 0.48 0.30 3.74 6.3
P/B 0.00 — 0.00 0.00 507.49 5.81 0.00 0.99 0.00 0.13 1.57 57.2
EV/Sales 0.16 — 23.32 0.94 21.91 5.83 1.08 (0.71) (3.63) 0.31 3.01 5.5
EV/FCF 10.89 — (18.55) (45.49) (44.82) (5.61) (3.55) (1.31) (3.40) (0.14) (1.34) (12.4)
Cash, $m
Cash, $m Operating cash flow 0 0 (2) 0 (4) (27) (9) 33 21 (23) (28) n/m
Capex 0 — 0 0 0 0 (1) 3 (2) (1) (1) +93.3%
Free cash flow 0 0 (2) 0 (4) (27) (10) 36 19 (24) (28) n/m
Balance, $m
Balance, $m Working capital (1) (1) (1) (6) 0 72 22 4 (8) 1 4 n/m
Net debt 0 — 0 (8) (9) (18) 13 (70) (75) (7) (9) +100.4%
Shareholders’ equity (1) (1) (1) (5) 0 29 (2) 23 (1) 27 30 n/m
Returns, %
Returns, % ROA 34.37 57.21 (309.49) (69.87) (40.65) (55.85) (46.51) (46.93) (21.38) (23.25) (59.48) (57.6) pt
ROIC 0.00 0.00 0.00 0.00 0.00 (155.49) (204.73) 0.00 0.00 (41.54) (59.55) (41.5) pt
ROE (9.01) (15.73) 262.28 149.03 201.02 (236.32) (357.49) (492.43) (243.90) 4,243.58 (164.43) +4,252.6 pt
People
People Employees 5 9 2 — 18 50 110 99 95 15 — +13.0%
Revenue/emp, $m 0.34 0.00 0.46 0.00 0.47 0.53 0.30 0.67 0.19 0.74 — +8.9%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

RTB Digital, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
RYDE Ryde Group Ltd. $114.7M — — — n/m −1,394.20% (below 0%: shrinking) 34.62% (54.96%) Compare
SSTI SoundThinking, Inc. $110.2M — (loss-making) — (loss-making) −7.73% (below 0%: shrinking) n/m −204.69% (below 0%: shrinking) 48.29% (19.48%) Compare
RDZN Roadzen Inc. $94.5M — (loss-making) — (loss-making) +49.04% (above 0%: growing) n/m −85.81% (below 0%: shrinking) 57.25% (9.53%) Compare
RTB RTB Digital, Inc. $83.4M — (loss-making) 9.6× +350.29% (above 0%: growing) n/m −123.92% (below 0%: shrinking) 37.41% (383.63%)
NTWK NetSol Technologies Inc. $77.3M 26.4× — (loss-making) +12.54% (above 0%: growing) +45.45% (above 0%: growing) +134,644.57% (above 0%: growing) 63.60% 21.62% Compare
NRDY Nerdy Inc. $75.2M — (loss-making) — (loss-making) −4.49% (below 0%: shrinking) n/m +23.48% (above 0%: growing) 64.73% (14.98%) Compare
ROC Rank One Computing Corporation $62.0M — (loss-making) — (loss-making) — n/m −613.92% (below 0%: shrinking) 89.67% (15.23%) Compare
RSSS Research Solutions Inc. $61.5M 20.3× 17.1× −2.87% (below 0%: shrinking) −71.43% (below 0%: shrinking) −21.64% (below 0%: shrinking) 53.00% 6.97% Compare
AMOD Alpha Modus Holdings, Inc. $59.5M — (loss-making) — — n/m −72.95% (below 0%: shrinking) — 0.00% Compare
Median of peers $76.3M — — −2.87% — −79.38% 57.25% (12.25%)

All 230 Software Application stocks →

Pay and ownership Proxy statement filed 14 November 2025

Chief executive’s pay

Year Total pay Actually paid $100 invested
2024 542.03k 439.85k 3.10
2023 766.74k 280.03k 9.90
2022 361.02k 302.34k 10.95

Ownership

Directors and executive officers, together 10.34%
RTB Digital, Inc. 16.64%
S8 Global Fintech & Regtech Fund 8.33%
Fredi Nisan 4.98%
Ben Errez 4.98%
GreenBox POS LLC 4.27%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

RTB Digital, Inc. (RTB) Latest News

stockrow.com/RTB · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com